Paul Chavez

Associate Broker

Academy East

10400 Academy Road NE, Suite 100

Albuquerque, NM87111

Main: 505-293-3700 Fax: 505-291-5216
Direct: 505-332-5432 Cell: 505-238-9822
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New home sales show signs of revival

Despite a decline in March, the annual rate remains above what economists expect after an even stronger than originally reported February. By Ben Rooney, CNNMoney.com staff writer Last Updated: April 24, 2009: 10:44 AM ET NEW YORK (CNNMoney.com) -- Sales of newly constructed homes slipped in March, after an increase the month before that was even bigger than originally reported, according to a government ...

Fed Takes Historic Economic Action! If your mortgage is 6% or above don't miss this historic opportunity!

  Fed Plans to Buy $750 Billion of Mortgage-Backed Securities - 3/18/2009 Fed Chairman Ben Bernanke and the other members of the Federal Open Market Committee stunned the credit markets with their announced plans to buy up to an additional $750 billion of mortgage-backed securities.  Market participants were further shocked by the Fed's plan to buy up to $300 billion of longer-term ...

10 Timely Home-Related Tax Tips

RISMEDIA,-Tax season is upon us, and homeowners everywhere will reap the benefits of tax breaks and incentives. Homeowners and potential home buyers should know what expenses are deductible and the ins-and-outs of new tax laws, says FrontDoor.com. 1. Deduct the interest you pay on your home loan on your tax return. A mortgage interest deduction reduces your taxable income. And because your mortgage ...

Lt. Governor Denish Announces Immediate Housing Stimulus Plan

Lt. Governor Denish Announces Immediate Housing Stimulus Plan Santa Fe - Lt. Governor Diane D. Denish, chair of the New Mexico Mortgage Finance Authority (MFA), today announced a five part plan to stimulate New Mexico 's housing market. "The MFA board and I took stock of the state and federal resources and programs we currently have and refocused them to help New Mexicans now," said Lt. Governor Denish. ...

5 Reasons To Buy a Home

Affordability returns to housing, and buyers have loads of negotiating power. By MarketWatch   John and Julie Chilman, for example, recently have been able to stretch their dollars in the Las Vegas area. The listing price for the five-bedroom home they're buying was $265,000; they offered $250,000. "Our Realtor was like 'Yeah, pipe dream. Like they're going to take that,' " John Chilman ...
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