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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.”

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

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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.”

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

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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.

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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.

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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.

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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.

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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.

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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.

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‘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.

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New Mexico-Made Movies Receive 14 Oscar Nominations

New Mexico-Made Movies Receive 14 Oscar Nominations:”SANTA FE AP- New Mexico Governor Bill Richardson applauded today’s announcement that four movies filmed in New Mexico have received a total of 14 Academy Award nominations from the Motion Picture Academy of Arts and Sciences. The films include Best Picture nominee ‘No Country for Old Men’ which tied for the lead with eight nominations.” -nmfilm.com

“Since Governor Bill Richardson took office, 90 major feature film and television projects have shot in New Mexico resulting in an estimated economic impact to the state of $1.5 billion dollars.” -nmfilm.com

Along with best picture “No Country For Old Men” also was nominated for best supporting actor, editing, best director, sound mixing and sound editing, cinematography, best director, and adapted screenplay (which was adapted from Sata Fe area author Cormac McCarthy’s novel).-505realestate.info

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