Paul Chavez

Corporate Manager

Headquarters

6725 Academy Road, N.E., Suite A

Albuquerque, NM87109

Cell: 505-239-8096 Main: 505-857-2250
Direct: 505-857-2328
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Viewing Posts tagged albuquerque real estate. 20 Posts Found.
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COLDWELL BANKER EXTENDS BENEFITS OF HOME BUYER TAX CREDIT WITH ‘BUYER BONUS’ SALES EVENT

Thousands of Sellers to Offer Credit Up to $8,000 from May 1 Until July 31, 2010 PARSIPPANY, N.J. — Coldwell Banker Real Estate LLC  announced the launch of its Buyer Bonus Sales Event, a national promotion intended to build on the momentum of the soon-to-expire federal homebuyer tax credit.  In a recent survey of Coldwell Banker Real Estate professionals, nearly half indicated that ...

Where Are Mortgage Rates Going?

THEY SAY THAT MARCH COMES IN LIKE A LION AND GOES OUT LIKE A LAMB... But this year, the exact reverse is true when it comes to home loan rates - for quite a few reasons, including the end of the Federal Reserve acting as a large buyer of Mortgage Backed Securities (MBS). The "demand" created by their fifteen-month program has helped Bond prices stay high and home loan rates stay low. But the Fed's ...

2009 is over. A Market Update

Well, 2009 is over.   What does that mean?  For the Albuquerque residential real estate market, there are some very positive signs that we have hit bottom.  There are some who are suggesting that there may be a “double bottom” but that remains to be seen.   The last five years.   Here are some numbers that might be encouraging.  Let’s go back to ...

Home Sales Increase 11% in October

Sales of single family detached homes in metro Albuquerque increased during October, defying the traditional seasonal slowdown. The 731 detached homes sold during October were an 11% increase over the 661 homes sold during September. October sales were up 43% from October 2008 and more than double the 324 homes sold in January, the period of slowest sales during the current cycle. The October sales ...

Existing home sales at highest level since 2007

Sales activity rises more than expected in October, by 10.1%, to 6.1 million annual units NEW YORK (CNNMoney.com) -- Existing home sales surged in October to the highest level in more than 2-1/2 years, according to a real estate industry report issued Monday. The National Association of Realtors reported that existing home sales rose 10.1% last month to a seasonally adjusted annual rate of 6.1 million ...

Buy Now - Waiting Could Cost You

The Importance of Acting NowWaiting Really Could Cost You   Low interest rates this year have lulled many people into believing that home loan rates in the 5.00% and lower range are "normal". This is not the case and if you are in the position where you could refinance or are considering buying a home, complacency is not your friend. Stimulus provided by the Obama administration ...

Coldwell Banker Legacy Purchases Assets of Broadcast Realty

Albuquerque, NM 8/24/09   COLDWELL BANKER LEGACY, NEW MEXICO’S LARGEST RESIDENTIAL REAL ESTATE COMPANY PURCHASES THE ASSETS OF BROADCAST REALTY   The transfer included the owners of Broadcast Realty, Max Sklower and Stan Byars, as well as most of the Brokers who practiced Real Estate with Broadcast Realty. Both of these owners had extensive management experience in the radio ...

Tax Credit Offers Opportunity for Sellers and Buyers

The $8,000 tax credit for first time buyers is working, drawing new people into the market and providing a big reason for growing home sales in metro Albuquerque. While the program ends November 30, as a practical matter, it ends in early September. That's because it typically takes from 45 to 60 days from signing a purchase agreement until a sale closes. You must close and fund on your new home by ...

July Sales Report: Positive Trends Continue

The number of detached homes sold in metro Albuquerque during July increased from July 2008. The 735 sales represented the first year over year increase since April 2006. The improvement wasn't large, 31 sales or 4.4%, but as is said about athletic contests, a win is a win. July sales were also up 13.2% from June, continuing the monthly sales growth that began in February. The total value of detached ...

Economy sees third straight month of positive growth

by Kenneth R. HarneyThere was an important piece of economic news last week that has HUGE significance for real estate and housing, but it got minimal coverage on TV and in print. The Conference Board's Index of Leading Economic Indicators, widely acknowledged as the most accurate predictor of future activity and output in the U.S. economy, rose by almost a point in June. That was the third straight ...
Viewing Posts tagged albuquerque real estate. 20 Posts Found.
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