Rio Rancho, NM Real Estate News

By Venturi Realty Group, Albuquerque's Trusted Real Estate Team
Buying or Selling a Home is one of life's biggest decisions.  Working a Realtor® with expert negotiation skills is a must for all home buyers and sellers, especially in the current market.Tego and Tracy Venturi with the WelcomeHomeABQ.com Real Estate team have been awarded the Certified Negotiation Expert (CNE) designation, achieved by real estate professionals who have successfully completed formal training in the art of negotiation.  Agents who receive this certification are in the top 1% of all agents nationally."Being able to Negotiate the best possible terms for our clients is one of the most important roles as Real Estate Professionals" says Tracy Venturi.  "The CNE education gave us the tools to be more effective in negotiating home sale terms and prices for both our buyers and s...
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By Eloise Gift, Albuquerque New Mexico Real Estate
(Gift Realty NM)
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 100 in the 60's Rio Rancho has grown to be a city of some 70,000 to 80,000 people, and is expected to become a competitor in size with Albuquerque in the near future.  From vast, undeveloped spaces Rio Rancho is bein...
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By Venturi Realty Group, Albuquerque's Trusted Real Estate Team
City of Rio Rancho's information website. Including a FAQ sheet, Maps and a summary of the Rio Rancho Unit 17/ SAD 7 process - The Official Site of Rio Rancho, NM - Special Assessment Districts News stories reguarding SAD 7... ABQjournal West_News: Public Can Comment on Assessments Rio Rancho Observer Online - City council to discuss SAD 7 Rio Rancho Observer Online - Sparks fly at SAD meeting KOB.com - Homeowners object to ‘assessment’ fees ABQjournal West News: City Council's Answers About Unit 17 Are Full of Holes ABQjournal West_News: After Public Outcry, Proposed SAD Plan to Be Reviewed The SCORE - Komadina questions SAD process  WelcomeHomeABQ.com - Albuquerque Real Estate Search, Albuquerque Homes for Sale. Albuquerque Real Estate Blog - Albuquerque Real Estate News.
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By Tego Venturi
(Keller Williams Realty)
Rio Rancho is about to have another Pro sports team at the Santa Ana Star Center. Today was the office announcement of the New Mexico Wildcats professional football team. The Wildcats will play their home games at the Star Center, with the first home game being on April 26. I went to the Press Conference today and the excitement level was high as Rio Rancho Mayor welcomed the team and the league to New Mexico. The Team owners and League owners had great things to say about the community and felt that this was an important market for them to be in. The game play sound like it is fast paced. The AIFA owners stressed that they want to keep the game exciting and family friendly. You can see more about the game rules HERE. Here is the quote from the AIFA website… “The League will provide a d...
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By Venturi Realty Group, Albuquerque's Trusted Real Estate Team
From http://www.WelcomeHomeABQ.comRio Rancho and Rio Rancho Estates consist of 91,000+ acres of New Mexico Real Estate northwest of Albuquerque. Rio Rancho Land was platted into approximately 112,000 home sites and commercial lots between 1961 and 1977. During the 60's and 70's AMREP sold more than 75,000 lots in "Rio Rancho Estates" to thousands of individuals throughout the country.Rio Rancho has come a long way from the early days. Dubbed the "City of Vision", Rio Rancho now has a population of over 70,000... and growing fast. The City of Rio Rancho planners made a decision a few years ago to build a new "Downtown" and chose a parcel of Real Estate in the middle of Rio Rancho.  The new Rio Rancho "City Center" will be a modern and dynamic downtown and already has a state of the art A...
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By Venturi Realty Group, Albuquerque's Trusted Real Estate Team
Here is the press release... "Rio Rancho, New Mexico (January 4, 2008) - The American Indoor Football Association solidified its Western Division for 2008 late Friday by awarding an expansion franchise to New Mexico. The team will be known as the New Mexico Wildcats and will play its home games at the new Santa Ana Star Center in suburban Rio Rancho." See the complete story here.
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By Venturi Realty Group, Albuquerque's Trusted Real Estate Team
Here are the Rio Rancho Land sales statistics as for December 2007.Number of Lots on the Market at month end: 2796Number of New Listing for the month: 378Number of Expired Listings for the month: 203Number of lots that went Pending for the month: 32Number of sales that Closed for the month: 30Number of Price Reductions: 153Number of Price Increases: 18Visit my blog on Rio Rancho Land at RioRanchoLand.blogspot.comhttp://www.welcomehomeabq.com 
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By Venturi Realty Group, Albuquerque's Trusted Real Estate Team
Want to pass along the Good News for the progress and development of Rio Rancho!  The two votes which would allow CNM -Central New Mexico Community College - to begin construction in the City Center area of Rio Rancho both passed soundly.  CNM plans to begin construction on a $20 million facility they intend to use jointly with UNM.  Below is a quote from a local news source....."Homeowners outside of the current tax district who live just north of Northern Boulevard approved CNM's consolidation effort, giving what city leaders believe will be a shot in the arm for the development of the new downtown area built around the Santa Ana Star Center and city hall. CNM and the University of New Mexico, as part of the campaign to woo voters, promised to build a $20 million joint facility nearby...
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By Venturi Realty Group, Albuquerque's Trusted Real Estate Team
Rio Rancho Land Sales Statistics.November 13, 2007  Active: 3034 - This is all active Rio Rancho Lots for sale.Pending: 65 - All Rio Rancho Lots that are under contract, but have not closed yet.Closed: 323 - This is fir the past 6 months.Avg days on market: 119 days - Past 6 months closings.Avg sale price: $39,749 - Past 6 months closings.What does this all mean??? Buyers have many choices and some great values can be found.  As a colleague of mine put it... IT'S BARGAIN-PALOOZA OUT THERE!!http://www.welcomehomeabq.com/http://welcomehomeabq.blogspot.com/http://riorancholand.blogspot.com/ 
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By Venturi Realty Group, Albuquerque's Trusted Real Estate Team
A few more things going on in Rio Rancho. There's ground broken at the entrance to Northern Meadows for a much needed Elementary School.  This just started so we don't expect to see a structure for a while.  We also heard a Walgreen's is scheduled to be built at the NE corner of Unser & Northern.  At the planning and zoning meeting last night Oct 30th they were working on approval for two Specific Area Master Plans.  One is along Northern between Idalia & 40th and the other is in Unit 12 between North Hills and Northern Meadows on the west side of Unser. (See my past post for more info in these plans) Both of these projects were tabled as the commissioners and a few land owners had a few things they'd like to see differently.  They will be on the next meeting agenda for possible approva...
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By Venturi Realty Group, Albuquerque's Trusted Real Estate Team
It has been a beautiful Fall in the High Desert of New Mexico. Here is some news and events from Rio Rancho.  It seems like we've been "off road" quite a bit these past weeks checking the signs on our listings, placing signs and checking out parcels for clients.  Thank goodness for two well placed Starbucks in "The City of Vision" as it keeps us going.In order to keep you up to date in what is going on in Rio Rancho the WelcomeHomeABQ.com team has been researching data and posting info to our blog site at: RioRanchoLand.Blogspot.com  Feel free to click on this link to keep informed about Rio Rancho.We have also built an interactive map showing where all of the Rio Rancho Units are and other points on interest using the Google Maps technology. You can click HERE to view the map.Another g...
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By Venturi Realty Group, Albuquerque's Trusted Real Estate Team
The City of Rio Rancho has released the Dos Amigos Specific Area Plan and the Del Norte Specific Area Plan. They look to have been well prepared and well presented and have great information for Rio Rancho Land Owners. This is the next step forward in the future of Rio Rancho and Rio Rancho Land development. The plan seems to continues to move the City to a better mix-use plan the the original developers. You can see the complete details as... The Official Site of Rio Rancho, NM - News http://www.welcomehomeabq.com/ http://www.welcomehomeabq.com/rio-rancho-land.htm
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By Venturi Realty Group, Albuquerque's Trusted Real Estate Team
We receive many inquiries from people all over the country that want to know about their Rio Rancho Land.  They want to know about the city, the growth and development progress, where Rio Rancho is, and why they own land here?  But the most common question is... what is my Rio Rancho land worth?  They want to know Rio Rancho Land prices, and if their property is in a desirable location.  To help with this we have built some on-line resources for owners of Rio Rancho property.First, we built an interactive map showing where all of the Rio Rancho Units are and other points on interest using the Google Maps technology.  You can click HERE to view the map. Also, we have started a Blog to keep Rio Rancho Land Owners up to date on the latest news and developments around the city.  You can vi...
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By Tego Venturi
(Keller Williams Realty)
Google Maps: Rio Rancho NM Real Estate Map. Includes Rio Rancho Unit Map with Unit Numbers and Points of Interest. Rio Rancho NM Map, Rio Rancho Real Estate, Rio Rancho Land. Rio Rancho and Rio Rancho Estates consists of 91,000+ acres of New Mexico Real Estate northwest of Albuquerque. Rio Rancho Land was platted into approximately 112,000 home sites and commercial lots between 1961 and 1977. During the 70's AMREP sold more than 75,000 lots in "Rio Rancho Estates" to thousands of individuals throughout the country.For the latest info on Rio Rancho Real Estate and Rio Rancho Land visit our Blog...http://riorancholand.blogspot.com/Visit http://www.welcomehomeabq.com/rio-rancho-nm.htm to search Rio Rancho Homes for Sale.Visit http://www.welcomehomeabq.com/rio-rancho-land.htm for informati...
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By Carina Cozby
(Premier GMAC Real Estate)
Rio Rancho Real Estate Market Statistics for the week of 9/24/07-10/1/07 New homes on the market: 94Number of homes entering escrow: 22Number of homes closing escrow: 33Number of homes expiring: 30Average days on market: 54You can always visit my website to find the value of your home with a free, over-the-net evaluation. If you would like a free list of homes for sale in your area or would like to be the first to know about hot new listings before other buyers do then give me a call at:Carina CozbyPremier GMAC Real Estate(505) 798-6300 Office(505) 681-8988 MobileCarinaSellsHomes.com WebsiteCarina@CarinaSellsHomes.com E-mail
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Rio Rancho Statistics for the week of 9/17/07-9/24/07 New homes on the market: 85Number of homes entering escrow: 33Number of homes closing escrow: 16Number of homes expiring: 7Average days on market: 49You can always visit my website to find the value of your home with a free, over-the-net evaluation. If you would like a free list of homes for sale in your area or would like to be the first to know about hot new listings before other buyers do then give me a call at:Carina CozbyPremier GMAC Real Estate(505) 798-6300 Office(505) 681-8988 MobileCarinaSellsHomes.com WebsiteCarina@CarinaSellsHomes.com E-mail
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By Tego Venturi
(Keller Williams Realty)
ABQjournal West_News: Road's 2nd Phase to Begin - Registration Required. This is big news for Rio Rancho Development. The road that will extend Rio Rancho's City Centre to NM550 is moving forward. Rio Rancho Land and Rio Rancho Real Estate should get a needed boost once this is in place. http://www.welconehomeabq.com/
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By Carina Cozby
(Premier GMAC Real Estate)
Rio Rancho Real Estate Statistics for the week of 9/10/07-9/17/07 New homes on the market: 78Number of homes entering escrow: 23Number of homes closing escrow: 13Number of homes expiring: 12Average days on market: 48You can always visit my website to find the value of your home with a free, over-the-net evaluation. If you would like a free list of homes for sale in your area or would like to be the first to know about hot new listings before other buyers do then give me a call at:Carina CozbyPremier GMAC Real Estate(505) 798-6300 Office(505) 681-8988 MobileCarinaSellsHomes.com WebsiteCarina@CarinaSellsHomes.com E-mail
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By Carina Cozby
(Premier GMAC Real Estate)
Rio Rancho Real Estate Statistics for the week of 9/3/07-9/10/07New homes on the market: 88Number of homes entering escrow: 19Number of homes closing escrow: 16Number of homes expiring: 16Average days on market: 48You can always visit my website to find the value of your home with a free, over-the-net evaluation. If you would like a free list of homes for sale in your area or would like to be the first to know about hot new listings before other buyers do then give me a call at:Carina CozbyPremier GMAC Real Estate(505) 798-6300 Office(505) 681-8988 MobileCarinaSellsHomes.com WebsiteCarina@CarinaSellsHomes.com E-mail
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By Venturi Realty Group, Albuquerque's Trusted Real Estate Team
Residents are invited to attend the Grand Opening Ceremony for Rio Rancho's new City Hall on Wednesday, September 12. The festivities will begin at 4:00 p.m. at the building's east entrance. Speakers, including Mayor Michael J. Williams, will kick-off the event. At 4:30 p.m. the building will officially open to the public. Once inside, visitors will find refreshments and the opportunity to take guided tours of this 4-story, state-of-the-art facility. Tours will be available until 5:30 p.m. At 6:00 p.m. the first Governing Body meeting will take place in the new City Council Chambers. This event is free to the public. Parking is available in the east parking lot adjacent to the Santa Ana Star Center. http://www.welcomehomeabq.com 
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