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Rio Rancho NM Housing Market September 2014

Thursday, December 04

Rio Rancho NM Housing Market September 2014The Rio Rancho housing market experiences significant reduction in the number of homes sold in September 2014 compared to September 2013.  The Rio Rancho housing market experienced a reduction in the  number of homes sold by 13.38% in year over year sale...


Decline In Gas Prices Provide Opportunity

Thursday, December 04

Decline In Gas Prices Provide OpportunityHave you filled up your automobile in the past month?  If you did, you probably noticed you are saving a lot of money on each tank of gas.  My recent fill up was $20 less than a fill up just a few months ago.  I drive a lot and fill my tank three or four ...


Flip This House in Albuquerque NM

Thursday, November 20

Flip This House in Albuquerque NMJust closed on a 2300 square foot 3 Bedroom foreclosure home in Albuquerque.  I have partnered with another Albuquerque real estate investor on a 50 50 split.  This home is located in the north valley in Albuquerque.  Values are fairly high in this area, however ...


Mr Real Estate Market Can Be A Little Moody

Thursday, July 10

My business partner and I purchased a bank owned home in Rio Rancho New Mexico about three months ago.  We purchased the home at a great price and remodeled the home for a quick flip.  We have had the home on the market for 77 days with only one viewing of the home.  The home looks great and is o...


Rio Rancho New Mexico Real Estate Market | Mixed Signals

Wednesday, June 11

The Rio Rancho New Mexico real estate market is sending mixed messages. Four out of five months the Rio Rancho housing market has seen significant declines in pending sales. Pending sales in the month of May declined by 26.63% compared to May 2013. Inventory in May was up by 13.19% over May ...


Rio Rancho Real Estate Market

Monday, June 02

The real estate market in the Rio Rancho New Mexico seems to be slowing down. In April of 2014, the number of homes that went into pending was down 40% on a year over year basis. This is huge, especially since this time of year experiences a significant increase in the number of sales. Unof...