New Mexico Real Estate News
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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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Local Headlines
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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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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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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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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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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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National Headlines
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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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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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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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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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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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