New Mexico Real Estate

Featured Article

• Top 7 Foreclosure Stories of Past Year

  Jun 19, 2008 | via Realty Trac 

  The euphoria that surrounded six years of escalating home prices, record levels of home sales and rock-bottom interest rates crashed and burned in 2007, forcing many foreclosure investors to ratchet down their ...

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  Related Topix: Financial Services, Housing, Foreclosures, Home, Mortgage

Local Headlines

• Bank of America plans 7,500 Countrywide cuts

  Friday Jun 27 | via New Mexico Business Weekly 

  Bank of America Corp. will cut 7,500 jobs as part of its acquisition of Countrywide Financial Corp.

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  Related Topix: Financial Services, Countrywide Financial, New Mexico, Banking, Bank of America, Home, Mortgage, Mortgage, Personal Finance

• DOE helps low-income New Mexicans weatherize homes

  Jun 18, 2008 | via Bizjournals 

  The U.S. Department of Energy awarded $1.7 million to the New Mexico Mortgage Finance Authority to help low-income New Mexicans weatherize their homes.

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  Related Topix: Department of Energy, New Mexico, Home, Mortgage, New Mexico Government, US Politics, US News, Pete Domenici, US Senate, Republican

• Wild, Wild West: New Mexico Bordering On Change

  May 19, 2008 | via Realty Times 

  New Mexico remained among the top states enjoying home price appreciation in the fourth quarter last year.

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  Related Topix: Housing, New Mexico, Foreclosures, Real Estate

• Preservationists Dig Land Crash

  May 2, 2008 | via US News & World Report 

  Not everybody is boohooing the real estate market crash. Preservationists say that the huge drop in demand and price for land means they can gobble up targeted areas for a lot less.

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  Related Topix: Real Estate, New Mexico, New Mexico Government, Illinois, Illinois Government

• Housing woes not affecting Clovis

  Apr 29, 2008 | via Clovis News Journal 

  By Kevin Wilson: CNJ staff writer Local and state marketers are optimistic the housing crisis gripping the nation is not likely to affect New Mexico, and could possibly miss Clovis.

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  Related Topix: Real Estate, New Mexico, Housing, Foreclosures

National Headlines

• Lake Delton property owners to receive $2.3 million for flood-damaged parcels

  5 min ago | via Onalaska Community Life 

  State checks totaling more than $2.3 million were deposited Wednesday with Sauk County authorities to pay for property that either no longer exits or, if it does, is in the Wisconsin River.

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  Related Topix: Home, Mortgage, Natural Disasters, Flood, Lake Delton, WI

• Johnson Backs $3.5 Billion Tax Increase According to McHenry

  6 min ago | via Lincoln Tribune 

  Rewards Predatory Lenders with Taxpayer-Funded Bailout HICKORY - Congressman Patrick McHenry responded today to his opponent's support for the taxpayer-funded bailout of subprime mortgage lenders.

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  Related Topix: Hickory Metro, US Politics, US News, Patrick McHenry, Republican, US House of Representatives, Home, Mortgage

• All eyes on Bank Negara meet

  6 min ago | via Business Times 

  WITH inflation at a 26-year high last month, all eyes are on Bank Negara Malaysia's monetary policy committee meeting today to see whether it will raise the Overnight Policy Rate , the benchmark interest rate.

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  Related Topix: Mortgage, Home

• The slump persists: Home sales tumble across US

  8 min ago | via KVEW 

  Sales of existing homes tumbled more sharply than expected in June, pushing activity down to the lowest level in more than a decade.

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  Related Topix: Housing, Real Estate, Foreclosures, Home, Mortgage, Mortgage, Personal Finance

• Single-family home construction fell 5.3 percent in June although apartment activity increased

  Thursday Jul 17 | via Los Angeles Times 

  WASHINGTON _ Construction of single-family homes fell in June to the slowest pace in 17 years although a change in New York laws helped give a big boost to apartment building.

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  Related Topix: Home Building, Home, Mortgage