Rio Rancho, NM Real Estate News

By Melanie McLaughlin, Mel Sells Homes!
(Blue Door Realty)
Northern Meadows Market Report June 2013   Northern Meadows' Real Estate Market has had some interesting trends lately.The number of homes for sale in the Rio Rancho Central Region (which contains Northern Meadows) dropped almost 22% from April 2013 to May 2013 to the lowest level in more than the last 15 months. This could mean that the market is starting to shift from a buyer's market to more of a seller's market as the inventory of available homes drops. This is also shown in the average days on market of the homes for sale. From April 2013 to May 2013 the average number of days on market dropped almost 35%. The market shift has not been as large in the pricing of homes in Northern Meadows, so far. The average price per square foot has been relatively steady for the last 15 months, ...
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By Melanie McLaughlin, Mel Sells Homes!
(Blue Door Realty)
Cabezon Market Report June 2013   The Cabezon neighborhoods real estate market has seen some changes since the start of the year. The largest change in the Rio Rancho South Region (which contains Cabezon) has been the number of homes for sale. After being consistently between 103 and 121 homes for sale between March 2012 and January 2013, the number of homes for sale has risen to a peak of 148 and a current level of 132. This may indicate a shift to a buyers market and the price per square foot indicates that as well. The price per square foot is at its lowest level in the past 15 months at $85 per square foot. The average sale price has dropped to its lowest level in the past 15 months. If you are looking for a great deal on a home in Rio Rancho, the Cabezon neighborhoods are a great ...
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By Melanie McLaughlin, Mel Sells Homes!
(Blue Door Realty)
Enchanted Hills June 2013 Market Report   The market in the Enchanted Hills area of the Rio Rancho North region has been fairly consistent over the past 15 months, however many of the market indicators have risen sharply over that time. Sold homes have risen over 28% from March 2012 to May 2013, new listings have risen 33% in that time, homes for sale has risen 9.5% and pending sales have risen over 41%. The price per square foot has ranged from a high of $102 down to a low of $77, with price per square foot between $87 and $91 the last three months. The best news is that the average days on market has dropped from a high of 117 days in March 2012 down to only 76 days in May 2013. The Enchanted Hills neighborhood is a great area for those who commute to Santa Fe and Albuquerque, and so...
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By John McCormack, CRS, Honesty, Integrity, Results, Experienced. HIRE Me!
(Albuquerque Homes Realty)
10th Annual Pork and Brew 2013     Be hungry, very hungry!   Put on your comfortable clothes and walking shoes and get ready to enjoy the 10th annual Pork and Brew this weekend at the Santa Ana Star Center in Rio Rancho NM.  This year they are changing the layout around making this an inside / outside event.   There will be live music, chainsaw carving shows,crafts and of course all the BBQ you can ever want at the 10th annual pork and brew.  Don’t miss out on this fun and filling event, it’s fun for the entire family!     Dates: July 5, 2013 /  July 6,2013 /  July 7, 2013 Time: Friday & Saturday 11am-8pm /  Sunday 11am-5pm Admission: $3-$5 Parking : Free                                                                                                                          Location:  S...
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By John McCormack, CRS, Honesty, Integrity, Results, Experienced. HIRE Me!
(Albuquerque Homes Realty)
New Price 841 25th Ave Rio Rancho NM 87144   Seller just authorized a new priced adjustment on this exceptional Rio Rancho custom home.  Filled with Southwest ambiance this Rio Rancho home sits on a half acre lot providing plenty of buffer from neighbors and ample room for creative landscaping, a possible swimming pool, storage buildings and more.  The home features two courtyard as well as a covered front and back patio.   When you step through the front entry you immediately see and feel the details of this Southwest home.  From the hand hewn Vigas, Corbels and supporting posts to the gas Kiva fireplace and distinct stepped arches and decorative niches.  This just feels like home and the open great room concept really opens up the flow of this well designed casa.   No cramped kitchen ...
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By John McCormack, CRS, Honesty, Integrity, Results, Experienced. HIRE Me!
(Albuquerque Homes Realty)
Rio Rancho NM Named Top Ten City 2013       The well known magazine Family Circle has named Rio Rancho NM in it’s top ten cities for family living.  No wonder locals call Rio Rancho the “City of Vision.”       The ranking was based on research and analyzed data from 1,000 cities in populations between 10,000 and 150,000.  Also included in the decision making was affordable real estate, income between $55K and $100K, crime rate, medical, schools and overall financial stability.   Rio Rancho NM was also recognized for it’s Sports Complex, Parks, Biking Trails and the Rio Rancho Aquatic Center.  Rio Rancho is a growing NM town and offers many great things for families to enjoy!    Rio Rancho Homes For Sale   Are you are looking for a Rio Rancho NM Realtor® to assist you with your home buyi...
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By John McCormack, CRS, Honesty, Integrity, Results, Experienced. HIRE Me!
(Albuquerque Homes Realty)
Rio Rancho REALTOR® John McCormack will get your home sold               Rio Rancho REALTOR®, John McCormack knows the Rio Rancho NM real estate market well.  John has sold two Rio Rancho homes just this week including 409 Alcano Cir and 1745 Alpha Rd.   Rio Rancho REALTOR® John McCormack's real estate clients are very happy with John’s knowledge, communication skills, aggressive online marketing and the fact their homes are now in Pending. In fact the owners of the Alpha property are again using John’s real estate skills to purchase their New Mexico dream home.   Be sure to check out Rio Rancho REALTOR® John McCormack's YouTube on his nice listing located at 841 25th Ave NE Rio Rancho NM 87144.  This custom RR Southwest Custom home is priced at $212,900 making this home the best value ...
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By John McCormack, CRS, Honesty, Integrity, Results, Experienced. HIRE Me!
(Albuquerque Homes Realty)
HP Relocation Rio Rancho NM     Due to a relocation with HP (Hewlett Packard Company) the homeowners needed to list their home and get it sold quickly.  They were referred to Albuquerque REALTOR® John McCormack by another couple that is also relocating with HP.   John met with the HP relocation couple, listened to their specific needs and ran the numbers on their home.  John listed and immediately began the arsenal of Albuquerque Homes Realty’s online marketing campaign to get this home sold quickly. Day twelve of being listed John had an on target offer to present to his HP relocation home sellers.  Their home is now in Pending Contract and all parties are looking forward to a smooth closing.  John’s Hewlett Packard relocation clients are now looking for a great REALTOR at their new lo...
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By Melanie McLaughlin, Mel Sells Homes!
(Blue Door Realty)
Loma Colorado Market Report February 2013   Loma Colorado, Rio Rancho homes for salestatistics are difficult to interpret.There are huge flucuations in the data which can be partly attributed to the sale of new homes in the community competing with resales. For instance, in December 2012 the months of inventory was 3.8 but in January 2013 the number jumped up to 15 months of inventory. Pulte Homes is actively building homes in the area and place their inventory homes on the MLS system. Those are included in the statistics. What is not included in the statistics are the homes already purchased but not built. Loma Colorado, excluding new home sales, has had an average of 3 homes sold per month over the last 15 months. The number of homes for sale has been between a low of 11 in July 2012...
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By Venturi Realty Group, Albuquerque's Trusted Real Estate Team
Fabulous and bright home Updated! MOVE In READY! This Fabulous, single story Home features a Bright and Open floor plan w/ beautiful laminate wood & tile floors throughout main living areas, high ceilings, spacious kitchen with new stainless appliances, updated bathrooms, new carpet in bedrooms, newly painted, new garage door opener AND new plumbing (No more poly!). A quick closing is possible! Must see to fully appreciate View the Virtual Tour for 1904 Clearwater Loop NE, Rio Rancho, NM Schedule a Showing Albuquerque Homes For Sale Free List of Foreclosed Homes For Sale in Albuquerque See Our Featured Homes Tracy and Tego Venturi Keller Williams Realty 505-933-6881 Questions?Schedule a Showing! MLS#: 749337 Licensed In:New Mexico L2L Virtual Tours AR   The Venturi Team of REALTORS® - ...
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By Melanie McLaughlin, Mel Sells Homes!
(Blue Door Realty)
Northern Meadows Market Report January 2013   The market in Northern Meadows has been fairly consistent over the last 15 months. Sold homes have fluctuated between 88 and 123 in the Rio Rancho Central region where Northern Meadows is located. The average price per square foot has also stayed with in a small range of $73 to $82 per square foot. The good news is the average days on market has dropped from a high of 163 days in November 2011 to 63 days in December 2012.   HP, a major employer in the Rio Rancho area and located near Northern Meadows, announced recently they will be moving 200 jobs out of the state. It is too soon to tell how this will affect the housing market in Northern Meadows but it will have an impact. This will be a major issue to watch in the next couple of months. ...
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By Melanie McLaughlin, Mel Sells Homes!
(Blue Door Realty)
Cabezon Market Report January 2013   Visit my full market report website to see the newest active listings and statistics specific to Cabezon. Homes listed for sale in Cabezon on my market report are shown by neighborhood instead of address but you can contact me if you have questions about a specific listing.  December 2012 Statistics on Cabezon are complied from Trend Vision and include average days on market and number of homes sold.
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By Matthew Streff CRS, e-Pro, Your Big Helper in Real Estate
(Southwest Realty)
  It’s the start of a new year, and if you’re thinking about selling your home, or in the process of selling, there are some things you can do to improve your sales. MSN.com published an article this morning that gave six tips for improving the appeal of your home. 1). Make a video.                 This is a great idea, because people are visual by nature, and seeing your home, how it fits together and the layout of it will help them visualize themselves in it. 2). Renovate.                 If your house isn’t selling, you might want to look into changing some of the aspects. There are lots of trendy ideas out there that can be added to make your house more appealing. 3). Have a Weekday Open House.                 Weekends are busy, and there are already lots of other open houses. Hosti...
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By Matthew Streff CRS, e-Pro, Your Big Helper in Real Estate
(Southwest Realty)
  I came across this article on MSN.com the other day and thought it was very interesting. It definitely shows new trends in houses, but if you’re looking to sell, this could be a great guide for major and minor changes to your house before you put it on the market.   There were eight points discussed, which I’ll just mention briefly: 1). Easy Access (for older folks) 2). A Bigger Garage—For All That Stuff, Not for the Cars 3). No Knitting Room, but a “Resource Center” instead 4). Homes within Homes, for Multiple Generations 5). Making Your House “Really Green” 6). Home Plans that Make Life Easier 7). Very Open Houses 8). Infills are the New Thing   The article talks about everything in much more detail. Enjoy! http://realestate.msn.com/8-new-home-trends-for-2012#1   Matthew Streff is a...
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By Matthew Streff CRS, e-Pro, Your Big Helper in Real Estate
(Southwest Realty)
  Rio Rancho, NM has a wide, unobjectionable climate. It’s arid, with lots of sunshine (on average, 330 days of it), and even in the winter, most of the day is spent with plenty of sunlight.   Because it is a desert, temperature differences between day and night can be pretty drastic. Summer and winter have this the worst, where the temperature difference can be as much as thirty degrees Fahrenheit. July and August are the hottest months out of the year, with the temperature reaching as high as 100 (though, on average, it’s in the 90’s), and December is the coldest month. Typically, gets around 8 inches of rainfall a year.   Snow occurs, but it’s rarely over a few inches. However, Rio Ranch sits to the west of the Sandia Mountains, and has a great view of the peak once it’s snow-capped....
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By Rich Cederberg, eXp Realty Agent Albuquerque
(eXp Realty)
There's a special little place in Rio Rancho called the "The Bagel." It's a deli and bakery that features-you guessed it-bagels. You might not think this is all that special, but here in the wild west it's pretty hard to find a good bagel. There is Einstein Bagels on the other side of town, but the bagels there are not quite the same. And the grocery stores? Forget about it, if they have something called it a bagel it's just a donut shaped piece of bread. Besides, these days with so many little ma and pa shops being forced out of business by the the chain stores and restaurants it's refreshing to visit an old fashioned place. At the bagel you can choose from several different types of bagels to go, breakfast bagels and bagel sandwiches made with Boars Head deli meat. Or you can do like ...
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By Rich Cederberg, eXp Realty Agent Albuquerque
(eXp Realty)
I was hoping for the kind of positive numbers featured in my Albuquerque Real estate Report for October 2012, but the news for Rio Rancho was less than spectacular.    Rio Rancho Real Estate Sales in October     Year Over Year Stats Let's compare October 2012 with October 2011. Here is a quick summary of the year over year stats: Active listings were down 7.8% going from 687 to 632. Closed home sales were up 0.9% going from 106 to 107 Pending home sales, those homes that went into pending status during October and were not yet closed, were up 17% Month to Month Stats Now let's compare October 2012 with September 2012. Active listings were up 4.4% Closed home sales were down 9.3% Pending sales were  up 19.6% Final Thoughts There are two more stats that bode well for the Rio Rancho real e...
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By C. Lloyd McKenzie, Living Albuquerque
(Living Albuquerque)
Sandoval County did not have enough Voting Centers.   In my opinion, the Sandoval County Clerk definitely dropped the ball in this election.  Residents in Rio Rancho had to wait for over five hours to cast their votes.  At this hour, even after the races have been decided, there are hundreds of people waiting to cast their ballots.  One would think that Sandoval County would have borrowed a few plays from the Bernalillo County playbook…Bernalillo County had enough voting centers for residents to vote.    Sandoval County had 5 centers for 100,000 to registered voters to vote.  Let’s hope this is not indicative of future trend.  This should never happen in New Mexico…Let’s plan for all future election    Thinking about buying or selling a home in Albuquerque? You can get information about...
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By Venturi Realty Group, Albuquerque's Trusted Real Estate Team
Home sweet home at Lema Road! HOME Sweet HOME! This darling house offers 2 spacious living areas, VIEWS, breakfast nook plus bar in the kitchen, lots of cabinets, built-in shelves, window seats in 2 bedrooms and lots of storage throughout. The backyard is spacious and features a storage shed, RV/Trailer parking on the side of the home and wonderful mountain views that can be enjoyed from the covered patio. New carpet/tile and evaporative cooler. This home is move in ready with appliances and waiting for a new owner.  View the Virtual Tour for 2169 Lema Rd SE, Rio Rancho, NM Schedule a Showing All Albuquerque Area Homes For Sale Free Albuquerque Relocation Guide See Our Featured Homes Tracy and Tego Venturi Keller Williams Realty 505-933-6881 Questions?Schedule a Showing! MLS#: 745340 L...
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