More Good News For New Mexico Economy - Bill is Back! - 01/18/08 12:39 AM
Tuesday, January 15 at the opening of the New Mexico 30-day legislative session at the state capitol in Santa Fe, Governor Bill Richardson announced, the end of his presidential quest and turned his focus fully on the business of New Mexico.
Since then we have had three significant announcements about infusion of money and jobs into the New Mexico economy. The German firm, Schott AG, announced its intention to build and open a solar equipment manufacturing plant at  in 2009; Eclipse Aviation got a boost with a new partnership, and the latest announcement Wednesday, that the International firm, Fidelity Investments, will also open an office at Mesa del Sol 2009, creating 1, 200 … (3 comments)

Green Pays - 01/16/08 01:51 AM
If incentives help, green buildings are likely to become commonplace in New Mexico because green buildings pay. Most people who live in green buildings speak of the energy savings from energy star appliances, low-e windows, tighter construction and the advantages of solar power. Many extol the comfort level and health benefits resulting from the use of well-chosen ,non polluting materials.For New Mexico owners of green homes, 2007 brought additional advantages by way of savings. As part of its incentive to reduce carbon emissions and reduce global warming, the New Mexico State Legislature passed the Sustainable Building Tax credit Incentive to encourage … (11 comments)

Good Economic News For Albuquerque New Mexico - 01/15/08 12:32 AM
 
The Albuquerque, New Mexico economy received good news today. The first came from Eclipse Aviation http://www.eclipseaviation.com/ Albuquerque, New Mexico's  small airplane manufacturing plant that has had to defend itself from repeated negative unsubstantiated rumors these past few weeks. Eclipse, announced a $100 million equity investment by European Technology and Investment Research Center (ETIRC) Aviation and renewed their commitment to remain part of the Albuquerque community.
The second announcement of good news came from  Governor Bill Richardson himself, fresh from his presidential campaign that SCHOTT AG will build a solar products manufacturing plant in Albuquerque, creating as many as 1,500 jobs at peak … (8 comments)

Rio Rancho, City of Vision -A Real Estate Success - 01/13/08 02:47 AM
Today I listened to an abbreviated history of http://www.cabq.gov/aes/s2rr.html. In brief, he said that Rio Rancho, the fastest growing city in the state of New Mexico was started by a group of con artists who sold parcels of vacant, undeveloped land to unsuspecting people in far away cities (mainly New York) who had no idea they were buying a piece of the City of Vision.
From the sale of those parcels and the construction of the first homes in the early sixties, building began in earnest in the seventies and picked up speed during the last five years.  From a city of about … (6 comments)

Welcome Home Governor Richardson - 01/11/08 10:41 PM
Eloise Gift www.EloiseGift.com A Gift for real estate - A Gift for all seasons
I stayed up too late last night, writing my post, then overslept, and missed my 7:30 a. m. appointment. it was not an auspicious beginning to my day. But it got better. As I prepared for my second appointment, I could hear the voice of Governor, Bill Richardson declaring on television that he had quit the presidential race. It was good news.  
New Mexicans are proud that their Governor would seek the presidency, Bill Richardson for President, and are convinced he would be as great a president, as he ihsd been a governor, but they are happy to have him back to focus on … (3 comments)

Albuquerque, New Mexico Real Estate - 01/11/08 01:37 AM
What is Albuquerque, New Mexico Real Estate?  It is the people, the landscape, the climate, the art, the entire culture and way of life. It is what happens from the moment one lands at the airport and the Land of Enchantment begins to work its magic. Albuquerque real estate includes what so many people feel but have difficulty defining until they throw up their hands in desperation as they look towards the mountains and say, "It's spiritual.
Albuquerque, New Mexico real estate is about Albuquerque but not only Albuquerque. It is also about Rio Rancho, Santa Fe, Los Lunas, Los Ranchos, Tijeras, Edgewood, … (6 comments)

New Mexico 2007 Economic Report - 01/10/08 12:45 PM
 Eloise Gift www.EloiseGift.com A Gift for real estate
The New Mexico Bureau of Business and Economic Research gave its state of New Mexico report yesterday and it wasn't all bad. Larry Waldman, senior economist at the University, said the New Mexico economy is walking, and not running as it was in 2006.
New Mexico's economic growth though slower than 2006 and previous years, is still outperforming the national economy.
Reasons for the less-than-stellar performance of the economy are to be found in the construction, mining, and manufacturing industries.  The construction industry grew in the third quarter of 2006 but slowed in … (2 comments)

National Home Sales Predictions More Aligned with New Mexico's - 01/10/08 12:01 AM
Today's real estate industry news headline was positive. Hope Up for Home Sales in 2008.  Despite the positive headline carried by the Albuquerque Journal's, Associated Press, the article was hesitant to accept the positive outlook of the report of the National Association of Realtors (NAR).
In concluding, the writer feels compelled to say, Many economists are much more pessimistic about the housing market and are predicting far lower home sales [than precicted by NAR].
Official year-end results are not yet available for the housing market of either New Mexico or the country at large. Despite current similarities, one must bear in mind that every market is different, based on local … (2 comments)

Sanchez Canyon - For a Summer Hike - 01/08/08 12:19 AM
In the chill of the Albuquerque winter as I look through my window at the distant snow-flecked mountains, my thoughts do not turn to going on a hike, but rather to memories of trekking along the flanks of the Jemez mountains last summer.
It is one of the pleasures of living in Albuquerque, that one can take off and within thirty to sixty minutes be in a world of contrasting beauty and temperature to that of the city. Such was my experience when I joined friends on a hike to Sanchez Canyon, near Cochiti on the edge of the Bandelier National forest. 
 
 
 
The shady paths, the fascinating flora and fauna, and the beauty of distant … (4 comments)

Market Update - Albuquerque, NM is Hottest of Hottest 10 Buyers' Markets - 01/03/08 04:59 PM
Hot off the press! Housing Predictor http://www.housingpredictor.com/top25 in its latest update, places Albuquerque, New Mexico at the top of its list of Hottest 10 Buyers Markets, after a surveying 75 markets nationwide.
According to Housing Predictor, their conclusion is based on Albuquerque's continuing attraction to outside investors that are bringing new industries like film and airplane manufacturing to the ares, thus contributing to population growth of people who want to buy houses. 
This news is, of course, not surprising. Those of us in the trenches everyday usually can sense which way the wind is blowing despite what the headlines say. We also know that if people have jobs and the economy is thriving, buyers will … (4 comments)

Albuquerque New Mexico Real Estate Market - Year in Review - 01/02/08 02:59 AM
Buyers and the Media
This was the year that buyers in our area were to a large extent confused by the news media. Newspaper headlines, more often than not, carried news that reflected average conditions around the country.  They failed to make distinctions between regions or between the new and the resale home sales. Consequently, buyers, caught between imprecise news and the fear engendered by the sub prime mortgage challenges became indecisive when faced with a rising inventory of homes that grew to be larger than they were accustomed to having over the past 3 -4 years.
Real estate is Local
The truth of … (7 comments)

Active Rain Year in Review - It Has Been A Grand Party - 01/02/08 01:14 AM
Arrival at the Party
I arrived at Active Rain just about one year ago, January 14 2007 feeling as if I were the last person to enter a lqrge room full of people at a party where veryone already knew everyone else, and I the only stranger.  (Newbies take note.)  It so happened I was not at the end of the line for very long; by then daily arrivals to to the blog group must have been far past the 10 per day of the opening days of July and August. I also discovered from later posts that most newbies to Active rain felt and probably still do feel the … (28 comments)

Happy New Year - 01/01/08 01:27 AM
 Say good-bye to 2007!
Welcome 2008 with hope and expectation of health, happiness, and prosperity.
Do the best you can in all things.
Be mindful of others less fortunate than yourself and offer help when you can.
Be the captain of your soul and the master of your fate.
Happy New Year!
http://www.realestateshows.com/show.php?id=240294&resize=1
… (6 comments)

 
Eloise Gift, Albuquerque New Mexico Real Estate (Gift Realty NM)

Eloise Gift, Albuquerque New Mexico Real Estate

Albuquerque, NM

More about me…

Gift Realty NM

Address: 5547 Timberfalls Road , Albuquerque, NM, 87114

Office Phone: (505) 554-2183

Cell Phone: (505) 363-5156

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Albuquerque, New Mexico real estate news, views, and information about Greater Albuquerque neighborhoods, real estate market; buying, selling, investing in Albuquerque homes by Eloise Gift, Managing Broker/Owner, Gift Realty NM; information about Northeast Albuquerque, Northwest Albuquerque, Southeast Albuquerque, Southwest Heights, Los Ranchos, North Valley, Placitas, Corrales, Rio Rancho, Los Lunas.


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