Archive for the Local Real Estate Market Category

Gem Nestled In The North East Heights

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ABQJOURNAL HOMES: Packed With Luxury

ABQJOURNAL HOMES: Packed With Luxury: “As an award-winning builder for nearly 20 years, Betty Blea has learned to combine complementary home styles for a unique look that’s all her own. The builder, president of Homes by Marie, describes her model home at Rancho de Candelaria as a Southwestern and Tuscan blend with a few contemporary touches thrown in for good measure.
The eight-lot gated community off Candelaria Road near San Isidro, offers half-acre lots for Blea’s signature custom homes in an older neighborhood still criss-crossed with irrigation ditches. The infill location is close to Old Town, the Rio Grande Nature Center State Park and Valley High School.”

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Air Force base works with developers to lessen nuisances

KDBC 4 News: Air Force base works with developers to lessen nuisances:“Associated Press - May 5, 2008 10:05 PM ET
ALBUQUERQUE (AP) - Kirtland Air Force Base officials signed agreements today with Mesa del Sol, LLC, to lessen nuisances to future residents of the development.
1 of 3 agreements allows the base to conduct military aircraft operations in the public air space above the development on the southern edge of Albuquerque.
Base officials also agreed to inform residents on the far eastern side of Mesa del Sol that noise made during explosives testing might impact their property.”

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ABQJOURNAL HOMES: Two Downtown Albuquerque Projects Offer Spacious Townhomes at Market Prices

ABQJOURNAL HOMES: Two Downtown Albuquerque Projects Offer Spacious Townhomes at Market Prices: “Across Second Street from the new Barelas Townhomes is the old Albuquerque rail yard, an up-and-coming renovation project that eventually is projected to house a film studio, retail and housing.
“It doesn’t get much more urban than this in Albuquerque,” said Louis Kolker, executive director of the Greater Albuquerque Housing Partnership, the townhome developer.
The Second Street location between Central Avenue and Avenida Cesar Chavez is home to the Partnership’s most recent housing project — the Barelas Townhomes Across from the Rail Yard. Six two-story townhomes are now completed with another four to come. The contemporary-style townhomes, with plentiful glass and architectural detail to match the old locomotive repair shops across the street, are the Partnership’s first foray into market-priced housing.”

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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!

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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.”

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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.”

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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.”

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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.”

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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.”

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