Archive for March 2008

Forbes Calls Albuquerque a Best Place to Buy a Home.

Best Places To Buy Foreclosed Homes - Forbes.com: “But in markets in other cities, where there are hints of stabilization, foreclosed properties might be a good investment.
You’ll find such spots in the Sunbelt, home to Charlotte, N.C., Raleigh, N.C., Oklahoma City, San Antonio, and Albuquerque, N.M. These five cities topped our list of Best Places To Buy Foreclosed Homes.”

505RealEstate.info- Albuquerque Real Estate, Your Information Source For Real Estate In Central New Mexico.

Rio Rancho Makes 100 Best Places to Live and Launch List

Rio Rancho Makes 100 Best Places to Live and Launch List: “The City of Rio Rancho has been selected by Fortune Small Business Magazine as the 83rd best place to live and launch in the United States.
Cities and towns included on this list were selected based on successfully mixing business advantages and lifestyle appeal. In particular, Rio Rancho was identified as a business center with affordable land and spacious properties.”

Check Out The Whole Article By Clicking Here!

505RealEstate.info- Albuquerque Real Estate, Your Information Source For Real Estate In Central New Mexico.

Redevelopment Body Proposed to Ensure Progress

Redevelopment Body Proposed to Ensure Progress: “Councilor Debbie O’Malley’s fix for Albuquerque-area redevelopment projects that get stalled is a new authority that could take some power from elected leaders.
O’Malley has introduced legislation to organize a ‘work group’ to study the issue and report on the viability of creating an authority.”

505RealEstate.info- Albuquerque Real Estate, Your Information Source For Real Estate In Central New Mexico.

KB Homes to Sell Remaining Albuquerque Land

KB Homes to Sell Remaining Albuquerque Land : “Buyers in KB Home New Mexico’s five active communities will be neighbors to some vacant land— at least for a while.
Although the builder will put houses on all lots that are already under contract, it plans to sell any remaining property within the communities to developers or builders, a spokeswoman for the builder told the Journal on Friday.”

505RealEstate.info- Albuquerque Real Estate, Your Information Source For Real Estate In Central New Mexico.

SunCal Defaults on Loans

SunCal Defaults on Loans : “California-based SunCal, developer of Albuquerque’s massive Westland project, has had a rough year with some of its California and Nevada ventures— but insists that will have no bearing on its plans here.”

505RealEstate.info- Albuquerque Real Estate, Your Information Source For Real Estate In Central New Mexico.

SunCal Plans 1,500-Home Site

SunCal Plans 1,500-Home Site: “Developer SunCal has submitted plans for a 1,500-home development west of the Stormcloud and Crossing neighborhoods, according to documents filed with Albuquerque’s Environmental Planning Commission.
Another submitted SunCal project, near the corner of Ladera and Unser, would include 12 commercial buildings— including five drive-through buildings and one three-story office building, according to EPC documents.”

505RealEstate.info- Albuquerque Real Estate, Your Information Source For Real Estate In Central New Mexico.

Pajarito Mesa to Get Water

ABQjournal West_News: Pajarito Mesa to Get Water: “After eight years, several false starts, one lost grant and countless hours, it’s official: Pajarito Mesa is getting water.
On Friday, members of the Pajarito Mesa Mutual Domestic Water Consumers Association signed a memorandum of understanding with the Albuquerque-Bernalillo County Water Utility Authority, clearing the way for construction of a new fill station on the mesa for association members.”

505RealEstate.info- Albuquerque Real Estate, Your Information Source For Real Estate In Central New Mexico.

OffbeatTravel.com Names Taos Among its Top Five Offbeat Towns for 2008

New Mexico Tourism Department: “OffbeatTravel.com, which has been seeking out offbeat towns and little-known places to visit since 2000, has included Taos in its list of the Top Five Offbeat Travel Towns for 2008.”

505RealEstate.info- Albuquerque Real Estate, Your Information Source For Real Estate In Central New Mexico.

Mesa del Sol Is Starting to Appear on the Dusty Landscape South of Albuquerque

ABQjournal Metro: Mesa del Sol Is Starting to Appear on the Dusty Landscape South of Albuquerque: “An impressive new economic engine is starting to rev on the vast, treeless mesa south of the Albuquerque International Sunport.
Construction will explode this year at Mesa del Sol, the giant master-planned ‘city within a city’ now entering its sixth year of development by Forest City Covington.”

505RealEstate.info- Albuquerque Real Estate, Your Information Source For Real Estate In Central New Mexico.

Tax Benefits of Owning a Home

REALTOR® Magazine-Daily News-Tax Benefits of Owning a Home: “Before a home owner curses the troubled housing market, he or she should take solace in the U.S. tax code, which makes buying a home a good deal for almost everyone.”

505RealEstate.info- Albuquerque Real Estate, Your Information Source For Real Estate In Central New Mexico.