Paul Chavez - Blog - Paul Chavez

Recent Blog Posts by Paul Chavez
Albuquerque #2 on Kiplinger.com Best Cities List Kiplinger.com Best Cities List 2009 BEST CITIES Best Cities: It's All About Jobs Stable employment and new career opportunities give these cities an edge. From Kiplinger's Personal Finance magazine, July 2009 What a difference a year makes. Last summer, the energy and finance sectors of the economy seemed to be thriving, and manufacturing was going strong. Today, many cities are relying on government ... Posted by Paul Chavez @ 2:51 PM on 05/27/2009		More
Best Cities: #2 Albuquerque, New Mexico 2009 BEST CITIES No. 2 Albuquerque, New Mexico By Bob Frick, Senior Editor From Kiplinger's Personal Finance magazine, July 2009 SOLAR CITY Population: 819,576Income Growth: 7.8%Cost of Living Index: 98Median Household Income: $45,634Percentage of Workforce in Creative Class: 30% What Albuquerque wants, Albuquerque gets -- and the city and state crave high-tech jobs, especially in the renewable-energy ... Posted by Paul Chavez @ 2:51 PM on 05/27/2009		More
KIPLINGER VIDEO: Albuquerque, Solar City Albuquerque Ranks as #2 Best City Posted by Paul Chavez @ 2:51 PM on 05/27/2009		More
Golf Tourists Coming to New Mexico In the who-would-have-thought department, golf draws tourists to Albuquerque and New Mexico. "From desert links to parkland to mountain courses, we offer arguably the most diverse golf experience available in one area," says the Albuquerque Convention and Visitors Bureau (www.itsatrip.org). Metro area courses including Paa-Ko Ridge, Twin Warriors and UNM's Championship Golf Course consistently draw ... Posted by Paul Chavez @ 4:42 PM on 05/26/2009		More
How much home can you afford? Understanding The Related Costs of Home Buying According to Will Rogers, property is a great investment because nobody's making any more. That is as true today as it was in the early 1900s when Will Rogers made the statement. Today, however, you'll need to think about more than a mortgage payment to determine if you can afford a home. To assure you are purchasing a home within the confines ... Posted by Paul Chavez @ 3:47 PM on 05/26/2009		More
Extending home-buyer tax credit to all is on the table By Lew Sichelman WASHINGTON (MarketWatch) -- Question: Is there any possibility that the tax credit for first-time home buyers will be expanded to also include repeat purchasers who already own a house but would like to move up? I understand there has been some movement in Congress along these lines. Answer: There is not yet any legislation along the lines you suggest, but the Democratic Leadership ... Posted by Paul Chavez @ 2:12 PM on 05/22/2009		More
What to Look for During Your Home Inspection Before making an offer on a home, nearly all real estate experts recommend conducting extensive inspections. Home inspections are designed to protect you from unexpected repairs and costs after move-in. If any problems are found during a pre-sale inspection, the buyer can then negotiate with the seller to have the issues resolved before closing or incorporate the cost of repairs into the offer. By ... Posted by Paul Chavez @ 1:09 PM on 05/22/2009		More
$8,000 Instant Down Payment Assistance for First-Time Homebuyers HUD plans to tweak $8,000 tax credit rules so first-time homebuyers can get instant down-payment assistance. By Les Christie CNNMoney.com staff writer Last Updated: May 19, 2009: 12:45 PM ET NEW YORK (CNNMoney.com) -- Home prices are cheap. Affordability is at a record high. And the market is littered with distressed properties looking for a buyer. But there is one big obstacle for many first-time ... Posted by Paul Chavez @ 3:35 PM on 05/19/2009		More
VIDEO: Smart Tips for Single Women Home Buyers Albuquerque New Mexico Real Estate www.ColdwellBankerLegacy.com Posted by Paul Chavez @ 5:00 PM on 05/18/2009		More
Your window to historic low rates may be closing. Bond market: Shaken and stirred Long-term rates have shot up. The good news: It's a sign of an improving economy. The bad news: Your window to refinance may soon slam shut. By Paul R. La Monica, CNNMoney.com editor at large Last Updated: May 11, 2009: 1:08 PM ET NEW YORK (CNNMoney.com) -- Want further proof that risk is no longer a four-letter word? Just take a look at what's going on in the bond ... Posted by Paul Chavez @ 5:40 PM on 05/11/2009		More
VIDEO: Making Room for Baby Helpful considerations for a growing family. Posted by Paul Chavez @ 12:23 PM on 05/11/2009		More
NAR: Pending Home Sales, Affordability Rise Pending home sales rose with many first-time buyers taking advantage of historically good housing affordability conditions, according to the latest report by the NATIONAL ASSOCIATION OF REALTORS ®.The Pending Home Sales Index, a forward-looking indicator based on contracts signed in March, increased 3.2 percent to 84.6 from a level of 82 in February. It is 1.1 percent higher than March 2008 when ... Posted by Paul Chavez @ 12:30 PM on 05/06/2009		More
Simple steps can up a home's appeal to buyers It's a question all homeowners face when they decide to sell: How can you make your home as appealing to potential buyers as possible? In today's market, that question has become even more crucial."It really depends how much your home is worth," says interior designer Janine Carendi. "Is it in move-in condition, and will buyers expect it to be?"Not everyone should invest in fancy upgrades and ... Posted by Paul Chavez @ 12:41 PM on 05/05/2009		More
Data shows Metro ABQ Market Improvement We have a case of "uptick" on our hands. Market conditions are improving. We now have the lowest months supply of homes (at 7.6 months supply) than we've had since July of 2007. Yes, July of 2007. Average days on market dropped 7.7% from January to April. We are now at 88 days. More homes closed last month (588) since October of 2008. That number ... Posted by Paul Chavez @ 7:10 PM on 05/02/2009		More

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