Archive for March 2008

FHA May Be Tonic for What Ails the Housing Market

The Wall Street Journal’s Real Estate Journal: FHA May Be Tonic for What Ails the Housing Market:”Home loans insured by the FHA have become the cheapest and, in many cases, the only alternative for borrowers who can make only a small down payment. The agency is rapidly gaining market share as government-sponsored mortgage investors Fannie Mae and Freddie Mac, stung by combined losses of about $9 billion in last year’s second half, back away from credit risks by adding fees and demanding higher down payments.”

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

How To Avoid Home Improvement Fraud

ABQjournal West_News: How To Avoid Home Improvement Fraud: “Each year the Consumer Protection Division of the New Mexico Attorney General’s Office receives a significant number of consumer complaints about problems with contractors, unlicensed contractors, job abandonment in home improvement contracts, contractors who take their money but do not finish the job and other deceptive practices.”

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

Near Heights MRA Expansion Meeting - Official City News

Near Heights MRA Expansion Meeting - Official City News:

“PUBLIC NOTICE from the City of Albuquerque.

This is to notify all property owners that the Albuquerque Metropolitan Redevelopment Agency is expanding the Near Heights Metropolitan Redevelopment Area Designation. The proposed MRA expansion will be heard by the Land Use Planning and Zoning Committee of the Albuquerque City Council.

WHERE: City/County Building
City Council Committee Room, 9th Floor
One Civic Plaza NW
Albuquerque, NM 87120
WHEN: Wednesday, March 12, 2008, 5:00 p.m.”

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

‘08 May Be Good for Home Buyers

ABQjournal: ‘08 May Be Good for Home Buyers: ”The year 2007 was a banner one for home sellers in the Albuquerque area, with houses fetching the highest prices on record. But if January sales numbers are an accurate forecast, 2008 will be more favorable for the buyer.”

Albuquerque January 2008 Home Sales Market Report Brought to you by ABQrealtors.com

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