Recent Blog Posts by Brandon Wells

Roadmap To Recovery: Housing Market Discussion

CNBC coverage of panel discussion about stimulating the economy through housing.

Coldwell Banker Brand Promise

Coldwell Banker Brand Promise

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 ...

December Shows Increase in Pending Home Sales

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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 ...

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 ...

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 ...

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 ...

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.                                       ...

NAR September Market Conditions Update (Video)

National Association of Realtors (Presidents Video Podcast) 

Jim Cramer: Housing Recovery

Watch This Video!