Brandon Wells - Blog - Brandon Wells

Recent Blog Posts by Brandon Wells
State Offers Assistance To First-Time Homebuyers SANTA FE -- First-time homebuyers can find new financial assistance from the state and federal government.Gov. Bill Richardson and the New Mexico Mortgage Finance Authority announced a loan program Tuesday that will help lower-and middle-income New Mexicans make a down payment in buying their first house.The program takes advantage of a tax credit that was created as part of the federal economic stimulus ... Posted by Brandon Wells @ 5:24 PM on 03/31/2009		More
Got Real Estate Questions - Contact Me Contact Me with all your real estate needs Posted by Brandon Wells @ 3:03 PM on 03/24/2009		More
Roadmap To Recovery: Housing Market Discussion CNBC coverage of panel discussion about stimulating the economy through housing. Posted by Brandon Wells @ 12:07 PM on 03/23/2009		More
VLOG #2 Google Street View Click on Title to view Video Blog Episode #2 Posted by Brandon Wells @ 4:59 PM on 02/19/2009		More
VLOG #1 First Time Home Buyer Tax Credit Brandon Wells Video Vlog Episode #1 Posted by Brandon Wells @ 5:56 PM on 02/18/2009		More
Coldwell Banker Brand Promise Coldwell Banker Brand Promise Posted by Brandon Wells @ 11:29 AM on 02/17/2009		More
Pending Home Sales Rise 6.3% in January Associated Pressupdated 11:50 a.m. MT, Tues., Feb. 3, 2009 WASHINGTON - An index that tracks signed contracts to purchase existing homes rebounded in December, as buyers snapped up properties at deep discounts, especially in the South and Midwest.It was the second positive sign in the past two weeks for the troubled U.S. housing market, and may indicate that a bottom is forming — at ... Posted by Brandon Wells @ 11:25 AM on 02/10/2009		More
December Shows Increase in Pending Home Sales Visit msnbc.com for Breaking News, World News, and News about the Economy Posted by Brandon Wells @ 6:02 PM on 02/09/2009		More
Signet Solar Bringing Jobs to Albuquerque SANTA FE-Governor Bill Richardson announced Signet Solar will build the company's first North American solar panel production facility in Belen. The first phase of the plant will bring 200 high-wage jobs to the state and is scheduled to begin operations in 2010. Signet's long-term plans call for expansion and the creation of a total of 600 jobs."As Governor, I've been dedicated to making New Mexico ... Posted by Brandon Wells @ 4:03 PM on 01/26/2009		More
Death By 1000 Price Cuts Dropping a home's price bit by bit is the worst-case scenario for home sellers, weakening their position in a buyer's market, experts say. By Bankrate.com It's the worst-case scenario for home sellers: to endure price cut after price cut until their houses become stigmatized and hungry buyers smell blood. But how can you avoid this unpleasant situation in today's troubled housing markets? The ... Posted by Brandon Wells @ 3:56 PM on 01/26/2009		More
Deal or No Deal? In Todays Market Watch This Video! Posted by Brandon Wells @ 5:28 PM on 12/16/2008		More
Many Americans Finding Savings in Refinancing! Courtesy MSNBC Real Estate When mortgage rates dropped to the lowest levels in almost a year, Warren Zeger seized the opportunity to slash $720 off his monthly mortgage payment by refinancing his home in Potomac, Md. Just don't expect him to spend the savings. "I'd love to tell you I'm going to spend it to help prop up the economy, but we've tightened our belts," said Zeger, 61, a retired attorney. ... Posted by Brandon Wells @ 12:12 PM on 12/09/2008		More
Eclipse Aviation Files Chapter 11 Eclipse Aviation Corp. has filed for Chapter 11 protection in the U.S. Bankruptcy Court in Delaware.The Albuquerque-based maker of Eclipse 500 very light jets is seeking court approval for debtor-in-possession (DIP) financing and procedures for the sale of substantially all of its assets under Section 363 of the U.S. Bankruptcy Code.Eclipse also announced an agreement to sell its assets for a ... Posted by Brandon Wells @ 11:58 AM on 11/26/2008		More
Property Tax Information Market Value Sets Property Tax It's that time of year-property tax time. Homeowners have had 2008 property tax bills since early November. Payment was due November 10 and is delinquent after December 10. In the four counties of metro Albuquerque, the county assessor figures out the amount of your tax. Then the county treasurer sends a notice of value in the spring and the tax bill in November.Most ... Posted by Brandon Wells @ 12:10 AM on 11/25/2008		More
Fed plan seeks to reduce foreclosures Watch the Video Here Posted by Brandon Wells @ 11:20 AM on 11/14/2008		More
Foreclosures Spike 25% Year Over Year! Associated Pressupdated 10:39 a.m. MT, Thurs., Nov. 13, 2008MIAMI - The number of homeowners caught in the wave of foreclosures in October grew 25 percent nationally over the same month in 2007, data released Thursday showed.More than 279,500 U.S. homes received at least one foreclosure-related notice in October, an increase of 5 percent over September, according to RealtyTrac Inc. One in every 452 ... Posted by Brandon Wells @ 10:39 AM on 11/14/2008		More
New Mexico Mortgages Retain Equity New Mexico is ranked in the nation’s top 10 for home mortgage equity, according to a survey that uses negative equity as its key metric.Just 8.2 percent of New Mexico’s 186,844 mortgages were showing negative equity at the end of September.The survey, conducted by First American CoreLogic, shows New Mexico had the eighth lowest negative equity among the 50 states. Nevada at 47.8 percent and Michigan ... Posted by Brandon Wells @ 1:49 PM on 11/04/2008		More
Existing home sales see largest gain in years September number possible glimmer of hope housing bottoming out WASHINGTON - Sales of existing homes rose by the largest amount in more than five years in September. But analysts cautioned against reading too much into the gain, noting that it reflected conditions before the latest upheaval in financial markets increased the likelihood of a recession in the overall economy. The National Association ... Posted by Brandon Wells @ 2:46 PM on 10/28/2008		More
Greater Albuquerque Association of Realtors (3rd Quarter Statistics) The Greater Albuquerque Association of Realtors (GAAR) has just posted the 3rd quarter statistics. If you own a home in or around the Albuquerque you will find this report very informative and helpful in determining the current market climate in your area. ... Posted by Brandon Wells @ 2:12 PM on 10/16/2008		More
First-Time Homebuyer Tax Credit (Info) First-Time Homebuyer Tax Credit (Housing and Economic Recovery Act of 2008-H.R. 3221)The Housing and Economic Recovery Act ("the Act") of 2008 (H.R. 3221), which was signed into law on July 30, ... Posted by Brandon Wells @ 10:18 AM on 10/16/2008		More
FHA Responds To Buy & Bail Transactions FHA Responds To Buy & Bail TransactionsTo address increasing occurrences of the practice known as "buy and bail," FHA has issued Mortgagee Letter 08-25 - Converting Existing Homes to Rentals - Underwriting Instructions. FHA is instituting the following requirements for borrowers who purchase a new primary residence without selling their existing primary residence. The term "buy and bail" refers ... Posted by Brandon Wells @ 12:15 PM on 10/09/2008		More
NAR September Market Conditions Update (Video) National Association of Realtors (Presidents Video Podcast) Posted by Brandon Wells @ 2:56 PM on 10/03/2008		More
Home Purchased on Ebay for $1.75 (AP) SAGINAW, Mich. - With a winning bid of just $1.75, a Chicago woman has won an auction for an abandoned home in Saginaw. Joanne Smith, 30, recently was the top bidder for the home during an auction on eBay, The Saginaw News reported. Her bid was one of eight for the home."I am going to try and sell it," she told the newspaper. "I don't have any plans to move to Saginaw."Smith said she hasn't seen ... Posted by Brandon Wells @ 12:55 PM on 10/02/2008		More
New Trulia iPhone Application! See Screenshot Below Trulia.com a staple in the online real estate world has now taken their easy to use web search engine to the hands of iPhone users. The new iPhone 3g gives mobile users the ability to use location services (or simply GPS). Trulia's new application is a easy to use interface, when paired with the new GPS capability of the iPhone allows real estate shoppers ... Posted by Brandon Wells @ 5:06 PM on 09/24/2008		More
Jim Cramer: Housing Recovery Watch This Video! Posted by Brandon Wells @ 5:07 PM on 09/23/2008		More

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