Joe Jenkins - Blog - Joe Jenkins

Recent Blog Posts by Joe Jenkins
Buyers Need Better Representation during Tough Times, Says National Buyer’s Agent Alliance During tough economic times, it is becoming increasingly important for home buyers to have a buyer’s agent in their corner. A major challenge that is adding complexity to the home buying process is when you have a real estate agent who is representing both the seller and the buyer. This often occurs when a prospective buyer finds a home listed on the Internet and contacts the selling agent directly. ... Posted by Joe Jenkins @ 12:00 AM on 11/09/2011		More
First-Time Home Buyers Hang Tough Despite rumors to the contrary, first-time buyers are alive and kicking, buying houses at virtually the same pace as they were before the first-time homebuyers credit first stimulated demand two years ago. For the first seven months of this year, the first-time buyer market share has been remarkably steady, ranging from 32 to 36 percent of existing home sales through the spring and summer buying season, ... Posted by Joe Jenkins @ 12:00 AM on 11/09/2011		More
To fix the economy, first fix the housing market There's no way the U.S. can get back on track without a cure for what's killing real estate. By John Cassidy, contributor FORTUNE -- Is this a great country or what? At the start of last year, a friend of mine, the proprietor of a small business that has suffered badly in the recession, entered a trial mortgage-modification program. A few months later the bank told him that his application for ... Posted by Joe Jenkins @ 12:00 AM on 10/26/2011		More
Home prices rise for 5th straight month (CNNMoney) -- Home prices continued a winning streak in August, the fifth straight month of price gains, but remain lower on a year-over-year basis. A gauge of home prices featuring 20 major cities, the S&P/Case Shiller index, reported Tuesday that prices rose 0.2% in August but were still down 3.8% year over year. "Even though the [year-over-year] rates are improving, national home prices ... Posted by Joe Jenkins @ 12:00 AM on 10/26/2011		More
Introducing the Coldwell Banker First Time Home Buyer Resource Center When I look back on buying my first home, I distinctly remember how complex, rewarding and emotional the entire experience was from start to finish. I’ve been traveling a lot over the summer and everywhere I go, I speak with many first time home buyers and they are filled to the brim with many questions. Are prices going to fall lower? Will I get qualified for a loan? And the added ... Posted by Joe Jenkins @ 12:00 AM on 09/19/2011		More
40th Albuquerque International Balloon Fiesta® October 1 - 9, 2011 Over 500 balloons participate in the world's largest balloon festival in Albuquerque every October. Plan now to attend the 40th Albuquerque International Balloon Fiesta® and be part of an amazing hot air balloon experience and city-wide celebration. It'll feel like you're in a dream. http://www.balloonfiesta.com/event-info/event-schedule While visiting our great city, Albuquerque, NM, call ... Posted by Joe Jenkins @ 12:00 AM on 09/18/2011		More
FORBES' BEST CITIES FOR BUSINESS, ALBUQUERQUE, NEW MEXICO Consistently ranked as one of Forbes’ Best Cities for Business, Albuquerque is a diverse and growing metropolitan area of 887,000 people. Albuquerque Economic Development, Inc., is a private, non-profit corporation that provides confidential assistance to businesses considering the area for expansion and new investment. With more than 310 days of sunshine a year and the highest elevation of ... Posted by Joe Jenkins @ 12:00 AM on 09/18/2011		More
ALBUQUERQUE RANKS 5TH AMONG CITIES FOR SUSTAINABILITY Tufts University's Our Green Cities analyzed dozens of U.S. cities to find those with green friendly policies and projects. Albuquerque tied with Oakland at number five on the list. 2011 Sustainability Rankings - how does your city measure up?What are the differences between the ranking criteria for 2010 and 2011? Here's what Dr. Portney had to say:"There is a new set of criteria (click ... Posted by Joe Jenkins @ 12:00 AM on 09/18/2011		More
Berry unveils plans for $20M upgrade to Convention Center The Albuquerque Convention Center will get a $20 million facelift, mostly on its older west wing, which was built in 1972. Mayor Richard J. Berry made the announcement following Monday’s city council meeting where council members approved selling bonds that will, in effect, refinance the existing debt on the Convention Center, freeing up an additional $20 million for the improvements through ... Posted by Joe Jenkins @ 12:00 AM on 08/16/2011		More
Not from Albuquerque? You could win a Balloon Fiesta package Sorry Albuquerqueans, this contest isn’t for you. But alerting out-of-towners to it is allowed. As fall New Mexico events approach, the Albuquerque Convention & Visitors Bureau is touting its third “Hot Air Balloon Festival Experience” in conjunction with the Albuquerque International Balloon Fiesta. The contest is open to all who live outside the Albuquerque metropolitan area. The ... Posted by Joe Jenkins @ 12:00 AM on 08/05/2011		More
Study Ranks New Mexico 29th for Entrepreneurial Activity ! New Mexico has been ranked 29th in the nation for entrepreneurial activity, according to the State Entrepreneurship Index, a state-by-state measurement of entrepreneurial activity. New Mexico moved up three spots from the previous year. New York was ranked first, while South Carolina was ranked last. The index, developed by economists at the University of Nebraska-Lincoln’s Bureau of Business ... Posted by Joe Jenkins @ 12:00 AM on 08/05/2011		More
Harmful Effects from Changing the Listing Price? by Ken H. Johnson on July 20, 2011 · Share The Research Are there any negative effects from changing the listing price of a property? This question haunts Brokers/Agents as well as sellers of property every day. At present, there does not seem to be a consensus answer to this question within the professional real estate community. ... Posted by Joe Jenkins @ 12:00 AM on 07/20/2011		More
The New York Times ...Despite Fears, Owning Home Retains Allure, Poll Shows By David Streitfeld and Megan Thee-Brenan Published: June 29, 2011 Owning a house remains central to Americans’ sense of well-being, even as many doubt their home is a good investment after a punishing recession. Nearly nine in 10 Americans say homeownership is an important part of the American dream, according to the latest New York Times/CBS News poll. And they are keen on making sure it ... Posted by Joe Jenkins @ 12:00 AM on 07/19/2011		More
First Quarter Market Snapshot Nationally, existing-home sales continued to recover in the first quarter with gains recorded in 49 states and the District of Columbia, while 22 percent of the available metropolitan areas saw prices rise from a year ago, according to the latest survey by the National Association of Realtors®. For the Albuquerque Metro area, there were 1,379 closed detached home sales during the first-quarter ... Posted by Joe Jenkins @ 12:00 AM on 07/08/2011		More
Market Ready—Beauty is in the Details: Last month we reviewed the importance of curb appeal and offered some ideas for home exterior projects that improve your home’s value. This month we offer some do-it-yourself projects that give your home the polish that will ensure the best first impression for buyers. Remember to try and see your property from the perspective of a potential buyer Ask yourself the following questions to help ... Posted by Joe Jenkins @ 12:00 AM on 07/08/2011		More
Foreclosures Post Biggest Drop on Record ~ GREAT NEWS! The number of foreclosure notices filed in February declined 14 percent compared with last month, and foreclosure notices dropped 27 percent compared to last year at this time. That marks the largest year-over-year decline that RealtyTrac, a foreclosure tracking site, has ever recorded.The number of U.S. homes in some stage of foreclosure fell drastically last month, reaching a 36-month low, RealtyTrac ... Posted by Joe Jenkins @ 12:00 AM on 03/16/2011		More
Tax Time Less Taxing for Home Owners “Owning a home offers myriad benefits throughout the year, but some of the financial advantages of home ownership are most apparent at tax time,” said NAR President Ron Phipps, broker-president of Phipps Realty in Warwick, R.I. “As many of today’s hard-working American families are feeling a financial squeeze, the tax benefits that can come from owning a home can be a welcome ... Posted by Joe Jenkins @ 12:00 AM on 03/16/2011		More
COLDWELL BANKER REAL ESTATE ISSUES HOME LISTING REPORT MOST EXPENSIVE AND AFFORDABLE U.S. HOUSING MARKETS Newport Beach, Calif., Tops Most Expensive Housing Market List; Detroit is Most Affordable Market PARSIPPANY, N.J. (Sept. 22, 2010) – Coldwell Banker Real Estate LLC today released its Home Listing Report, a snapshot survey of U.S. four-bedroom, two-bathroom home listings, which found a $1.7 million difference between America’s ... Posted by Joe Jenkins @ 4:27 PM on 10/12/2010		More
Albuquerque in Top 10 List as Market Most Likely to Appreciate. Forbes magazine and the real estate research firm Local Market Monitor offers a list of which markets have the greatest likelihood of price appreciation because they offer a mix of jobs weighted toward growth industries.Here are the top markets that the research company found.1. Raleigh-Cary, N.C.2. McAllen-Edinburg-Mission, Texas3. Austin-Round Rock, Texas4. Nashville-Davidson-Murfreesboro-Franklin, ... Posted by Joe Jenkins @ 5:32 PM on 09/15/2010		More
Tax Credit Open To Military For qualified members of the military, foreign service and intelligence communities, the home buyer tax credit remains available. The extended time for the credit applies to both the $8,000 tax credit for first-time home buyers and the $6,500 tax credit for repeat home buyers. Those who qualify have until April 30, 2011, to sign a contract and must close by June 30, 2011. To qualify, personnel from ... Posted by Joe Jenkins @ 5:13 PM on 07/02/2010		More
Tankless Water Heater Never Goes Cold A tankless water heater never runs out of hot water, says a new report at www.houselogic.com. Instead of the traditional tank, the heater is filled with small pipes that are surrounded by a gas burner or an electric coil. The water is heated on demand, as it is used, saving from a quarter to a third of the cost of heating water, perhaps $100 annually. Always having hot water available means less is ... Posted by Joe Jenkins @ 5:12 PM on 07/02/2010		More
People Comparing Cities Like Albuquerque People around the country who compare cities tend to like Albuquerque. Five new reports are summarized here. These observations indicate a bright future for the metro. All appeared this year. Nationally, readers of these reports will take a closer look at our city. Meanwhile those of us with the good fortune of already living in Albuquerque may find a new treasure. Men’s Health gave Albuquerque ... Posted by Joe Jenkins @ 5:11 PM on 07/02/2010		More
Time Growing Short For Buyer Tax Credits Time is growing short for you to find your new home and take advantage of the federal home buyer tax credit program. The credits are available to both first time buyers and to those currently owning a home. The good news is that if you have signed a purchase contract by April 30, as long as the purchase is closed by June 30 the tax credits will be accessible. The 61-day period for closing should ... Posted by Joe Jenkins @ 5:35 PM on 04/09/2010		More
Plumbing Fixture Changes Required If your home is in the city of Albuquerque and was built before 1994, you should assess your plumbing fixtures before listing your home for sale. That’s because as of January 1, 2010, “the transferee of an existing building shall replace any existing plumbing fixtures with low water use plumbing fixtures,” according to new rules from the city. The new plumbing fixtures are required ... Posted by Joe Jenkins @ 5:28 PM on 04/09/2010		More
Add Caution To Remodeling Plan If you are thinking about doing your own remodeling project, caution should be a major element in the planning. Factors to review when considering taking on a project start with project size. The larger the project, the easier it is for a problem to develop. A basic question is whether you know how to use the required tools. Expensive materials such a granite countertops and crown molding leave little ... Posted by Joe Jenkins @ 5:26 PM on 04/09/2010		More

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Coldwell Banker Legacy REALTORS® is a full service real estate company in New Mexico with eleven offices located in the Albuquerque Metro Area; Rio Rancho, the East Mountains, Los Lunas, Grants, and Cedar Crest. We represent buyers and sellers for New Mexico residential and investment properties such as single family homes, multi-family homes, owner occupied and investment properties, condominiums, townhouses, and 55 and over housing. Coldwell Banker Legacy services Albuquerque and the surrounding real estate markets: Northwest, Northeast, Southeast, and Southwest Albuquerque, North Valley, Corrales, Rio Rancho, Placitas, and East Mountains. We specialize in new construction, luxury, ranch and recreational real estate properties. ColdwellBankerLegacy.com is your source for New Mexico Real Estate Services. Contact one of our qualified experienced real estate agents today.

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