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We just listed this almost new home in the wonderful Loma Colorado neighborhood in Rio Rancho. It features many upgrades and has great views from the back patio, living room, and master suite. Comparable new homes in Loma Colorado are priced at $365K. Don’t miss this one…

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Add the University of New Mexico to the list of recent ground breaking events at the City Center in Rio Rancho. This is exciting news for residents who have children in Rio Rancho schools ready to explore higher education and don’t want the hassle of commuting to the larger UNM main campus. The adult community of Sandoval County and parts of Albuquerque will benefit in helping with those seeking career changes or people who want additional continuing education. This is an outstanding opportunity for Rio Rancho and its future! ABQJOURNAL RIO RANCHO: Ground Broken for UNM: Visit our supersite for more information on Rio Rancho real estate and to search for homes or land in Albuquerque and Rio Rancho.

2009 Welcomes new economic development to Rio Rancho with the breaking ground of the Hewlett-Packard call center in just a few days. Economic growth and development is a welcome addition to the City of Vision. The Hewlett-Packard call center in Rio Rancho plans to employ 1,340. The vision of Rio Rancho is to allow people to live, work and play in the same city. This HP addition will help Rio Ranchoans follow that vision.
Go to the link below for more information.
http://www.abqjournal.com/riorancho/01911343066west01-01-09.htm

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We have a new listing in the Ridgecrest area on Quincy. It’s 2423sf, 3/4 bedrooms, 2 bath, and is listed at $320k. It has been fully remodeled but needs a few finishing details done to make it perfect. Nice floor plan designed by Tony Wegrzynek of Watermelon Mountain Design, perfect for entertaining of a family. Great yard with giant cottonwood and workshop. Check it out… Search for more Albuquerque real estate at our website.

Refinancing due to the lower interest rates is why the Albuquerque Metro area is seeing an increase in mortgage applications. With rates at around 5.25%, refinancing can make sense for homeowners who will bring their current rate down by a point or more, lower their monthly payments and plan on staying in their home for a couple of more years. Preview the link below and read the article by Richard Metcalf with the Albuquerque Journal for more details… http://www.abqjournal.com/biz/2810414biz12-28-08.htm Search for Albuquerque homes for sale at our WelcomeHomeABQ.com website

A recent story from Kiplinger.com rates Albuquerque as one of the “safe havens” for real estate in the country. Our experience is that we have seen some declines in home prices, but nothing like the sharp declines in other parts of the country. We did not have the double digit price increases in 03 and 04 like other markets, so we have not had double digit drops. We will see how this plays out but my feeling is that the sales will start to pick up and 09 will end up with home price appreciation. Safe Havens in Real Estate - Yahoo! Real Estate: "Active retirees and immigrants have also migrated to the area, ensuring a well-rounded housing market. Experts project 9% population growth between 2006 and 2011, compared to 6% nationally." Visit our supersite for more information on Albuquerque real estate and to search for homes or land in Albuquerque and Rio Rancho.

The Hewlett-Packard center, Central New Mexico campus & University of New Mexico campus are all moving forward with ground breaking for each of their prospective facilities in the Rio Rancho City Center. Looking into water issues along with Rio Rancho’s infrastructure is also in development. This onward momentum is a benefit for the city and people of Rio Rancho. ABQJOURNAL RIO RANCHO: Bright Future Ahead: "The new year looks"

Rio Rancho City Councilors had a busy night... The Star Center in Rio Rancho will be going under contract with different management. City councilors voted to approve termination of the current management team and are ready to take a look at new proposals from other teams. Officials also approved items assisting Hewlett-Packard with their move to Rio Rancho. Plans are in the works for HP to break ground in January for its new customer support center. Also breaking ground in January, will be the UNM City Center campus which the councilors were able take a peek at during a presentation. More from the Journal... ABQJOURNAL RIO RANCHO: Council Ends Star Center's Contract: Visit our supersite for more information on Rio Rancho real estate and to search for homes or land in Albuquerque and Rio Rancho.

Visit our supersite for information on Albuquerque real estate and to search for homes or land in Albuquerque and Rio Rancho.

There have been a number of ideas buzzing around as to what should happen to the land which currently houses the Albuquerque Downs. Deciding how to utilize this land will certainly be a challenge. Keeping the neighbors and businesses around the fairgrounds happy is the main goal along with bringing in revenue for the city. A concept that keys on tastefully revitalizing this area is essential to pursuing economic development, neighborhood cohesiveness and an overall positive aspect for the city of Albuquerque. ABQJOURNAL NEWS/METRO: What Will the Downs Become? Visit our supersite for more information on Rio Rancho homes for sale and to search for homes or land in Albuquerque and Rio Rancho.