Thursday, December 31, 2009

Albuquerque Real Estate Offers Something for Everyone

Albuquerque Real Estate Offers Something for Everyone

With the best schools, family friendly neighborhoods, gated golf communities, and downtown Albuquerque condos - the beautiful city of Albuquerque NM attracts families, retirees, and rocket scientists.

Albuquerque, NM (PRWEB) December 30, 2009 -- Kirtland Air Force Base brings in the techno-folks, with its 23,000 jobs in munitions maintenance, training and nuclear weaponry. Sandia Laboratories adds to the numerous high-paying jobs that helped to put Albuquerque in the number 2 place for Kiplingers Top 10 Cities for 2009. Albuquerque's unique art and cultural activities helps to attract those who want to live in a nature-friendly town and still have all the big-city attractions. More...

Monday, December 28, 2009

Your Albuquerque Home - To Sell or Not to Sell

"Are you crazy? Why would I want to sell now? I'd rather rent my house than to give it away!"

As home sellers are faced with the reality of the current housing crisis, many consider the prospect of renting their home in Albuquerque...but is it the smart thing to do? Several factors must be considered before you make that decision.
  1. Are you moving out of town? If you are moving out of the area, who will manage the leasing of your home or condo in Albuquerque until you decide to sell? What will that cost monthly?
  2. Are you prepared to pay the monthly payments in the event it should become vacant?
  3. Are you prepared to make the necessary repairs to bring your home up to rentable condition after each tenant vacates your property?
  4. Who will maintain the landscaping in your absence?

The reality of renting your home is that it is not so easy. It can be a tremendous strain on the family.

I would also suggest that you ask yourself if your facts are correct. For example, if you are renting "until the market comes back", you must be clear on what that means. If you are renting until you can sell it for what it would have sold for in 2006, then you may need to rent it for about 6 years, assuming a 3.5 - 4% appreciation.

Another huge consideration - Could you use the money to purchase another property that is a beautiful home caught up in the same situation as your own?

The bottom line is this: Yes, you will have to be realistic in pricing your home if you sell now. But you may also be realistic in buying your next home as well! Current inventory, tax credits, and very attractive interest rates should all be considered before buying and selling in today's real estate market.

We invite you to browse through all the helpful information on our Albuquerque real estate website, or search through our Albuquerque MLS Listings. Let us know if we can help you buy or sell your home.

Happy New Year!
Dennis Fish - The Albuquerque Real Estate Group

Friday, December 25, 2009

Albuquerque Homes Near Kirtland AFB and Sandia Labs

Kirtland Air Force Base is located in the southeastern part of Albuquerque, encompassing over 51,000 acres of Albuquerque real estate, and providing jobs for more than 23,000 folks. It is home to the Air Force Nuclear Weapons Center, the 498th Nuclear Systems Wing the 377th Air Base Wing, which provides munitions maintenance, training and support to 76 federal and 384 private sector units. The Air National Guard Unit on Kirtland is the 150th Fighter wing, part of the Air Combat Command.

Other divisions include the Space Development and Test Wing, the Department of Energy local office, and the Sandia Labs National Laboratories.

With the current military situation in our country, the influx and exit of personnel through Kirtland is ever-changing. We can help with your military relocation needs.

For information on homes and residences near the Kirtland AFB, or help with selling your home in Albuquerque if you've been re-stationed, please contact us.

Some useful websites:
Kirtland Air Force Base Homepage

Tuesday, December 15, 2009

Albuquerque Real Estate Benefits from Kiplinger's Top 10 Cities

Albuquerque was awarded the number 2 place in Kiplinger's Top City List for 2009. Our city and the industry of real estate in Albuquerque should find this honor an asset to attract desired professionals and the jobs to sustain them.

Kiplinger's Kevin Stolarick evaluated the listed cities for growth potential, judging the number of professional jobs, the quality of the jobs, and the ability of cities to hold on to them in tough times. Stolarick is quoted as saying, "Although downturns are felt by everyone, our research has shown that the impact is less severe for those in the creative class - people who are paid to think."

Stolarick looked for the presence of occupations and people filling them in the industries of science, engineering, architecture, and education. Albuquerque's recent acquisition of the Schott solar power plant was cited, as well as the industries that attracted it; Sandia National Laboratories and Lockheed Martin's national defense plant, and the PHD's at the University of New Mexico. UNM has special programs to educate workers in these industries.

Other attractions are the growing film industry in Albuquerque as well as it's "Green City" promotions such as energy efficient requirements for home and commercial buildings, and the city's bike trails all along the Rio Grande.

All manner of "upwardly mobile" residents will find a happy home in Albuquerque, NM.

The Top 10 Cities on the list were:

  • Huntsville, AL
  • Albuquerque, NM
  • Washington DC
  • Charlottesville, VA
  • Athens, GA
  • Olympia, WA
  • Madison, WI
  • Austin, TX
  • Flagstaff, AZ
  • Raleigh, NC

Wednesday, December 2, 2009

Welcome to our new Albuquerque Real Estate Blog!

With our brand new website comes a brand new blog! We hope you'll enjoy our news and information about real estate in Albuquerque. We are here to serve you and help you find your dream home. Please feel free to email or call us when you're ready to buy or list your home.