It’s no doubt that this time of year, most people are in the mood to buy. Presents, food, decorations, traveling essentials… Everyone is geared up to spend, and many people save all year to enjoy a luxurious holiday season. One thing that seems to get overlooked is real estate. If you’re in the position to [...]
Read More »As of Thursday of last week, legislation passed extending ‘first time home buyer tax credit’ to May of 2010, and adding a $6,500 tax credit to repeat home buyers if they’ve lived in their current home for five of the past eight years, with a cap on home prices at $800,000. Other stipulations have changed [...]
Read More »Everyday I get asked “How is the Real Estate Market doing? I finally have an authoritative answer. Anarticle in the September issue of Business Week Magazine focuses on a Top 10 list of strong, consistent building markets. The article names Las Cruces the number 8 place in the country. Las Cruces had [...]
Read More »Permits for new homes on the rise By Brook Stockberger/Sun-News Business Editor LAS CRUCES The building industry in Las Cruces is starting to pick up some momentum.
Posted: 06/16/2009 12:00:00 AM MD
According to the monthly building permit report issued by the city of Las Cruces, 71 permits were issued in May for new residential construction. That [...]
Thursday’s Blog post was financing issues for first time homebuyers. Tomorrow is Cinco de Mayo and we will present our visit to Old Mesilla for the celebration of that holliday. But, before we present “The Pros and Cons of homeownership” for our first time homebuyers, I want to present what I consider to be [...]
Read More »The Market is changing in Las Cruces. NOW IS THE TIME TO BUY! Whether it is your first home, or you are resizing to a larger home or downsizing, there won’t be a better time to do it than now.
With interest rates at their lowest levels since recording began in 1971, you can now [...]
TAX TIPS FOR THE NEW YEAR! Since we have a few days left in 2007, I thought that I would share this informative article with you! Within this article you will find: “IRS’s report on the 10 Most Common Mistakes we make…Year After Year” & an article on the “Alternative Minimum Tax” [...]
Read More »I know that if you are even considering Selling your Home in this “Buyer’ Market†everything you read and hear makes you apprehensive, but you can successfully sell a home in a declining market and profit from the sale if you follow a few simple principles and avoid some common pitfalls.
#1. The Law of [...]
Those of you who have read my current analysis of the housing market know that the housing market is in slump. What do you do if you have to sell? You want top dollar, but you may also need to sell in a hurry.
In a tight housing market, remember that you are competing with [...]
July’s Real Estate Market figures are in. 172 Residential Properties were sold at a Median Price of $161,791, and for the 7- months of 2007, 1220 Residential Properties were sold at a Median Price of $180,000.  When we look at Single Family Homes by eliminating Condos, Zero Lot, Line, Townhomes, and Manufactured Housing [...]
Read More »Hello, Everyone… today we’re discussing the disadvantages of homeownership and why owning your own home can be a challenge. I’m sure you’ve heard that owning your own home is a good thing, but is it right for you? Here are some of the challenges you might run up against. For more information, click on the [...]
Read More »2007 Will be a big year for “Mortgage Resets”Â
THIS ARTICLE IS ESPECIALLY IMPORTANT TO THOSE HOME OWNERS THAT HAVE AN ADJUSTABLE RATE MORTGAGE (ARM), OR IF YOU ARE CONSIDERING BUYING A HOME AND USING AN ARM FOR FINANCING.
If you have an Adjustable rate mortgage (ARM), there’s a chance it will be heading toward a [...]
