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Friday, May 23, 2014

New Mexico Oil and Gas Boom, Population Growth

The growth areas of New Mexico have shifted, thanks to the current boom in oil and gas production in the oil-rich Permian Basin of Southeastern New Mexico. Bernalillo and Sandoval counties led growth in the years preceding the 2007 economic downturn. Now the counties leading in population growth are Lea and Eddy Counties. According to the Census Bureau, the city of Carlsbad grew by 3.4 percent and Hobbes by 3.1 percent in one year(2012-2013). Both cities outstripped in growth for the period, Albuquerque, the largest city in the state, Las Cruces, the second largest, and Rio Rancho the third largest. Albuquerque and Las Cruces grew less than 1 percent. Rio Rancho grew by only 1.3 percent. The area is experiencing a housing shortage because of the rapid increase in population of people flocking to the area to find jobs. Both Hobbs and Carlsbad have room for growth. The current population of Hobbs is 36,041 and of Carlsbad, 27,653. Compare the sizes of these cities to Albuquerque: 556,495, Las Cruces: 101,324 and Rio Rancho: 91,956.

Monday, April 7, 2014

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Monday, July 11, 2011

Are you Underwater? Take Charge!

Are you underwater with your mortgage? Did you lose your job? Are you facing insurmountable health costs? Are you having trouble keeping up with your mortgage payments? Getting divorced? Stuff happens. If you are thinking that foreclosure is your only option it is not.  However, if  you just sit and do not take action it may end up being your only way out of an uncomfortable situation.  
You worked hard, saved, followed your dream to buy a home. Now you need to put some effort into keeping it. Here are some steps you can take to find a solution that is better than foreclosure. Where you choose to begin may depend on your perception of the level of difficulty you face or the length of time you have been struggling to keep up with your mortgage payments. Whatever you do, beware of scams that include “counselors” who ask you to pay counseling fees. A new law now addresses that. And DO NOT under any circumstance, sign over to anyone, the deed to your house.
Consider these options:
  • Call and talk to a trusted real estate professional.
  • Call your mortgage lender and explain your difficulty. You can request a restructuring or modification of your loan.
  • Call the Housing and Urban Development (HUD) and request a free housing approved counselor.
  • Ask your lender to approve a short sale.
You are not the only person underwater and worried about foreclosure these days. You have lots of company. What happens in your particular case in the end will depend largely on how you choose to deal with your situation. Take action! Get out your mental life raft or hot-air balloon and float or soar above the water you think your are drowning in.

Tuesday, October 19, 2010

Homes of Enchantment in Paradise Hills

One of the premier homes in this year's Home of Enchantment Parade is in Paradise Hills. Check out this home by one of Albuquerque's premier custom home builders.

The attractiveness of  Paradise Hills is its eclectic mix of  homes and communities with single-family detached homes, condos and town homes as well as  custom  and production built, newer and older,  contemporary and traditional spanning City of Albuquerque and Bernalillo County jurisdictions.

Paradise Hills has one of the oldest established golf courses in the city of Albuquerque, a community center with programs for all ages, bike paths,  user-friendly parks, a nearby mall to augment the smaller shopping centers scattered throughout the area, schools and for all ages.

The area has a strong sense of community. The long-established  Paradise Hills Civic Association supports quality of life issues and is well known for strong advocacy on behalf of residents.
Eloise Gift
Albuquerque Realtor
Gift Realty NM 

Friday, October 15, 2010

Blog Action Day 2010 A Worldwide Call to Action

Water, water everywhere,
Nor any drop to drink (Coleridge)

Today is Blog Action Day 2010 when bloggers across the globe will write on the topic of life-sustaining water.  I hope to hear from people who have an abundance of water and from those who have little. I don't expect that anyone will confirm that water is everywhere because, sadly, many communities are already running short. I expect that Blog Action Day 2010 about "Water" will draw attention to the global problem, build awareness that they exist, and start a groundswell of goodwill to address the problems. I hope that  with people who live in countries of greatest access to clean drinking water will be motivated to  to help those who live where lack of access to a commodity so vital to life is lacking.

Having to choose between drinking dirty drinking water and having no water is not a choice. Both will have disastrous outcomes.

Wars, climate change, industrial wastes, carelessness are all causes of water pollution and/or shortage leading to sickness and death and all can be corrected. Sadly, the words from the Rhyme of the Ancient Mariner is true for people in some places on our planet. We hope the efforts of this day will help to reverse and change course for everyone of these places. See also, New Mexico Real Estate.
Eloise Gift

Thursday, July 1, 2010

This Land Can Be Your Land

Rio Rancho is the fastest growing city in New Mexico but you can still buy vacant in just about any of the four quadrants of the city. The 1-acre lot shown here on 13th Avenue (Unit 7 Block 59 Lot 14) is centrally located and easily accessible from the intersection of two major cross streets – Rainbow and Northern – major arteries that place both the new city center and Northwest Albuquerque only minutes away.

This lot is close to a major residential development that is under construction at the corner of Rainbow and Northern, an indication that utilities - water and electricity - are in the area. Wide open spaces with unobstructed views of eastern southern and northern mountain ranges surround the lot. This and many other vacant lots are available alongside elegant, reasonably priced homes throughout Rio Rancho.