Tha answer is Incentives, Interest Rates, Inventory and Pricing
"There's no place like home," so the famous saying from The Wizard of Oz goes. And this year, that saying applies to many new home owners, as first-time home buyers (FTHBs) have accounted for 53% of total residential real estate purchases during parts of 2009. For those of you who have already bought a home, congratulations. For those of you still waiting, this is a call to action: It's time to get ...
Video - The Mark and Sheila Team Reports on using the 1st Time Home Buyers Tax Credit towards your down payment and closing costs. Several states now have programs in place to help you buy a home with the federal government's money. Gets specific for New Mexico. There is legislation pending to raise the credit to $15,000 for all home buyers.
Pending Home Sales Up for 4th Straight Month
Wall Street Journal
By James R. Hagerty, June 25, 2009
Lately, mortgage brokers, builders, real estate agents and others in the housing business have been moaning about appraisals. On Tuesday, it was the turn of Lawrence Yun, the chief economist of the National Association of Realtors. He lamented that May home sales were "less than expected because poor appraisals are stalling transactions. ...
From www.ABQJournal.com By Michael Hartranft
Wednesday, 17 June 2009
Albuquerque is weathering the nation's economic downturn better than 85 percent of the nation's 100 largest metropolitan areas, a new economic report says.
The Duke City is ranked 15th among metro areas with populations of 500,000 or more for strongest economic performance during the recession, ...
Washington, June 10, 2009
The following is a statement by National Association of Realtors® President Charles McMillan:
"NAR and our 1.2 million members applaud the Business Roundtable for its sound policy recommendations put forth to reinvigorate our nation's housing market. The proposal they announced today is consistent with the recommendations NAR has advocated and reflects the critical need ...
Isakson continues push to stimulate housing market
Submitted by the office of Sen. Isakson
June 10, 2009 05:35 pm- WASHINGTON - Drawing on more than three decades of experience in the real estate industry, U.S. Senator Johnny Isakson, R-Ga., today introduced legislation to invigorate housing demand and to boost the economy by expanding the first-time homebuyer tax credit passed by Congress earlier ...
By Jimmy CurrierObserver staff writer
Rio Rancho city officials have talked for months about the importance of extending Paseo del Volcan from Iris Road to US 550.Wednesday night, the city council approved a resolution to accept federal money to complete the project.
Councilors Mike Williams, Patty Thomas, Steve Shaw, Larry Naranjo and Kathy Colley voted to accept the American Recovery and Reinvestment ...
Best Places to Live 2009
U.S. News looked at areas with strong economies, low living costs, and plenty of fun things to do
By Luke Mullins Posted June 8, 2009
With the decade winding to a close, Americans have grown increasingly reluctant to gas up their moving vans. Last year, the Census Bureau's national mover rate-which represents the percentage of Americans 1 year and older who moved within ...
