Real estate news in Albuquerque for May, 2007 was pretty good, in many respects.The Albuquerque Metropoitan Board of Realtors reports that home sales increased 12% from April to May, with 1020 sales.  The average price for a single family home in the Albuquerque Metro Area was also up, with a sales price average of $246,062 for May, compared with $243,023 for April. All good news, so far. But there are some less palatable statistics available, too. While the number of sales was up compared to April, it was still below figure for the same month last year. In May, 2006, 1301 existing single-family homes sold in the Albuquerque Metro area, so the number of sales is down almost 22% when compared with the same month a year ago. Another issue is the fact the the number of homes on the market ... 07/02/2007

ENCHANTING ENTERTAINMENTCome play, escape, and relax at the Sandia Resort & Casino, a stunning Sandia-Pueblo style entertainment complex!    LOCATIONSandia Resort and Casino is located off I-25 at the Tramway exit, approximately 8.5 miles from the intersection of I-25 and I-40.      CASINOStep into the 110,000 sq. ft. casino area and enjoy Las Vegas style gaming. Sandia Casino offers high stakes blackjack, craps, roulette, and over 1,700 slots and video poker. Want to enjoy the casino smoke free? Sandia offers a smoke free area with select games.   DININGBien Shur offers roof top dining business casual dress codeThe Council Room Steakhouse is located off the hotel lobby and gaming areaThur Shan Buffet offers a Seafood buffet every Friday nightPa Shur Deli is located on the gaming floor... 07/01/2007

.ashHeader { font-family: Verdana, Arial, Helvetica, sans-serif; font-size: 14px; font-weight:600; color:#3d5da4; text-decoration:none; display:block; } The Albuquerque Home Market report  UNM South View current list of UNM South homes for sale. If you are looking to buy or sell a home in UNM South, please contact me today. UNM South is South of Central between San Mateo and I-25.  May 2007#  of HomesMedian PriceLowest PriceHighest PriceNew Listing38$ 268,000$ 36,000$ 795,000Pending12$ 201,500$ 36,000$ 815,000Sold25$ 219,900$ 88,621$ 371,500Last 12 months SalesSquare FeetBedroomsBathroomsMinimum5771.75Maximum504564Last 12 Months SalesDays on MarketMinimum0Average35Maximum290Neighborhood SchoolsAlbuquerque Public SchoolsMonte Vista ElementaryBandelier ElementaryWilson Middle Jefferson M... 06/30/2007

          The true Southwest awaits you in Albuquerque, New Mexico. There are many ways you can immerse yourself in the rich culture and heritage, rooted in centuries of history. You can enjoy blue skies and sun that shines 310 days a year- perfect for outdoor activities. Albuquerque, NM is a destination like no other.There is much to do for a visitor to Albuquerque.  Such as the Albuquerque Aquarium which is a part of the Albuquerque Bio-Park. As a visitor you can take a journey down the Rio Grande, observing the denizens of rivers, coral reefs, and the open ocean. Some highlights include sea horses, an eel tunnel, sea turtles, and sharks.  There is also the Sandia Peak Tramway whick is the world's longest aerial tramway. Rising vertically from the base to the top of 10,378 foot Sandia... 06/28/2007

.ash { font-family: Verdana, Arial, Helvetica, sans-serif; font-size: 14px; font-weight:600; color:#3d5da4; text-decoration:none; display:block; } The Albuquerque Home Market report Desert VistaFor a current list of Desert Vista homes for sale, search Albuquerque home listings.  If you are looking to buy or sell a home in Desert Vista, please contact me today.  For a complimentary Albuquerque home valuation, contact me today.  The Desert Vista area is located west of Ventura and north of Paseo Del Norte.These single family homes where build by DR Horton in 2005.  May 2007#  of HomesMedian PriceLowest PriceHighest PriceNew Listing2$ 464,450$ 369,900$ 559,000Pending0$0$0$0Sold0$ 0$ 0$ 0 Last 12 months SalesSquare FeetBedroomsBathroomsMinimum237032Maximum355853Last 12 Months SalesDays on ... 06/27/2007

 Awaiting you in Albuquerque, New Mexico is the true Southwest!  Officially founded in 1706, Albuquere is is one of the oldest cities in the U.S. and has a uniquely diverse multicultural heritage and history that is a part of everyday life. Featuring superb weather, Albuquerque boast of 310 days of sunshine and the sunsets are truly spectacular sky paintings!   Nowhere is the meeting of Old West and Modern Day more dramatic than Albuquerque, New Mexico where the city skyline is etched against a backdrop of the Sandia Mountains. One of the most spectacular sites to be see is the International Balloon Fiesta which takes places every October.  Approximately 700 hot air balloons take to the sky in a magical moment that is said to be the world's most photographed event!  Albuquerque's histor... 06/27/2007

The Albuquerque Home Market reportGlenwood HillsFor a current list of Glenwood Hills homes for sale, search Albuquerque home listings.  If you are looking to buy or sell a home in Glenwood Hills, please contact me today.  For a complimentary Albuquerque home valuation, contact me today.  Read more about Glenwood Hills. The Glenwood Hills area is located east of Tramway in the foothills of the Sandias, accessible from Tramway by Montgomery, Comanche, and Candelaria.   May 2007#  of HomesMedian PriceLowest PriceHighest PriceNew Listing9$ 449,900$ 224,900$ 975,000Pending1$399,900$399,900$399,000Sold4$ 379,950$ 269,900$ 578,000Last 12 months SalesSquare FeetBedroomsBathroomsMinimum129821.75Maximum473354 Last 12 Months SalesDays on MarketMinimum0Average39Maximum173 Neighborhood Schools:Albu... 06/26/2007

There's a wonderful new resource for those wanting a contemporary, urban lifestyle in Albuquerque, NM: The Lofts at 610 Central!With sizes ranging from efficiency units of 480 square feet to 2-bedroom units of about 1200 square feet, this new loft complex right in the heart of downtown Albuquerque is the perfect choice for today's urban professional lifestyle! Downtown lofts are a fairly new phenomenon in New Mexico, but these new condos have it all: trendy, modern architecturehuge windows for light, bright living space overlooking Downtowncentral location in walking distance of everything Downtownaffordable prices starting in the low $200'sroof-top patio spaceall appliances includedThese downtown lofts are ably represented by my friend, Tracy Highspencer, an outstanding Albuquerque rea... 06/26/2007

Albuquerque, NM is the greenest city in the U.S., and that's not just my opinion!Last Saturday, Albuquerque won the Mayor's Climate Protection Award at the U.S. Conference of Mayors in Los Angeles, beating out 90 other large cities, including Seattle, Portland, and many others.Albuquerque's bid for this honor centered round the "Albuquerque Green" program that was created in late 2006 to consolidate numerous city environmental projects. Albuquerque has been working hard to reduce greenhouse gases, thought to contribute to global warming. Statistics indicated that the city has succeeded in reducing greenhouse gas emmissions by 67% since the year 2000.  Albuquerque is considered to be on track for another ambitions goal: that of having all new buildings by carbon neutral and powered by re... 06/24/2007

Albuquerque Home ReportHigh DesertFor a current list of High Desert homes for sale search Albuquerque home listings.  If you are looking to buy or sell a home in High Desert, please contact me today. For a complimentary Albuquerque home valuation contact me today.  Read more about High Desert. The High Desert area is bounded east of Tramway in the foothills of the Sandias, accessible from Academy and Tramway as well as Spain and Tramway.  May 2007#  of HomesMedian PriceLowest PriceHighest PriceNew Listing19$ 585,000$ 305,000$ 2,487,000Pending4$664,500$409,900$899,000Sold13$ 439,000$ 315,000$ 2,487,000Last 12 months SalesSquare FeetBedroomsBathroomsMinimum126621.75Maximum781655Last 12 Months SalesDays on MarketMinimum0Average39Maximum242High Desert Schools:Albuquerque Public School Dist... 06/22/2007

What the heck is "hippotherapy" anyway? Surely hippos neither need nor provide therapy?!Hippotherapy is just a fancy name for "horse therapy," or therapeutic riding programs such as that provided by Cloud Dancers of the Southwest, in Albuquerque, New Mexico for those with disabilities.  Cloud Dancers is a non-profit organization that has provided therapeutic riding programs for deaf, developmentally delayed, and autistic participants, as well as those with various other disabilities for many years. Therapeutic riding imporves participants' coordination, upper-arm strength, and, especially, confidence, and they learn not only to ride, but also to care for the horses.Cloud Dancers is an Affiliate Center Member of the North American Riding for the Handicapped Association (NARHA) which empl... 06/22/2007

Albuquerque Home ReportUptownView  a current list of Uptown homes for sale.If you are looking to buy or sell a home in Uptown Albuquerque, please contact me today. For a complimentary Albuquerque home valuation contact me today.  The Albuquerque Uptown area is bounded by Wyoming and I-25 and Montgomery and I-40. May 2007#  of HomesMedian PriceLowest PriceHighest PriceNew Listing54$ 195,000$ 122,999$ 428,500Pending12$165,750$54,900$275,000Sold50$ 176,450$ 73,900$ 382,500 Last 12 months SalesSquare FeetBedroomsBathroomsMinimum4800.75Maximum329953.5 Last 12 Months SalesDays on MarketMinimum0Average24Maximum223Albuquerque Resources Albuquerque Public SchoolsCity of ABQElena Gallegos Picnic Area ~ Albuquerque NM For all your Albuquerque Real Estate needs, contact me today! Ashley Drake Geph... 06/19/2007

Albuquerque Home ReportCherry HillsFor a current list of Cherry Hills homes for sale search Albuquerque home listings.  For a complimentary Albuquerque home valuation contact me today.    May 2007#  of HomesMedian PriceLowest PriceHighest PriceNew Listing2$ 512,500$ 475,000$ 550,000Pending0000Sold1$ 235,000$ 235,000$ 235,000Last 12 months SalesSquare FeetBedroomsBathroomsMinimum163031.75Maximum263943Last 12 Months SalesDays on MarketMinimum0Average25Maximum64Cherry Hills Schools:Dennis Chavez Elementary Madison Middle La Cueva High Albuquerque ResourcesCherry Hills LibraryAlbuquerque NM Relocation Information Real Estate Albuquerque NM >> Glenwood Hills Elena Gallegos Picnic Area >> Albuquerque NM City of ABQFor all your Albuquerque Real Estate needs, contact me today! Ashley Drake Gep... 06/17/2007

       Albuquerque Home Market Report North Albuquerque AcresView current list of North Albuquerque Acres Homes for sale. If you are looking to buy or sell a home in North Albuquerque Acres, please contact me today.  May 2007#  of HomesMedian PriceLowest PriceHighest PriceNew Listing33$ 749,900$ 315,000$ 1,785,000Pending11$ 575,000$ 450,000$ 874,900Sold17$ 729,900$ 290,000$ 1,250,000Last 12 months SalesSquare FeetBedroomsBathroomsMinimum156931.75Maximum700166Last 12 Months SalesDays on MarketMinimum0Average54Maximum293North Albuquerque Acres Schools:Edmund G. Ross ElementaryDennis Chavez ElementaryDouble Eagle ElementaryDesert Ridge MiddleMadison Middle La Cueva High Albuquerque ResourcesAlbuquerque NM Relocation Information Real Estate Albuquerque NM >> Glenwood Hills Elena Gallegos Pi... 06/16/2007

A glance at the Albuquerque, NM MLS activity for the past 24 hours provides a great snapshot market report for greater Albuquerque area real estate. In the past 24 hours, the Albuquerque area MLS has seen the following activity:As you can see,  over twice as many new listings came ON the market as went OFF the market as "pending" sales going under contract, or as sales actually closing. If one adds the "back on the market" listings, which came back on the market because their sales failed to close, for whatever reason, the figures are even more dramatic. in fact, there are nearly 25% as many properties coming back on the market because they failed to close as their are properties actually closing. There are over 50% more listings getting price reductions than listings going under contra... 06/13/2007

Albuquerque Home Market ReportQuintessence For a current list of Quintenessence homes for sale search my Albuquerque Real Estate website. If you are looking to buy or sell a home in Quintenessence , please contact me today.  May 2007#  of HomesMedian PriceLowest PriceHighest PriceNew Listing2$497,450$470,000$524,900Pending4$464,700$400,000$470,000Sold4$298,500$289,900$299,900For all your Albuquerque Real Estate needs, contact me today! Ashley Drake Gephart Keller Williams Realty Cell: 505.261.0389   These statistics were compiled from the Albuquerque Metropolitan Board of REALTORS® data on 6/13/2007 at 12:30 a.m. This data is reflective of homes which were listed on the MLS; private sales are not included. Information was obtained from sources deemed reliable but not guaranteed. This in... 06/12/2007

The new Mesa Del Sol development in Albuquerque, NM claims a true commitment to green building standards and sustainability. Water conservation and energy efficiency are touted as integral to this development, which focuses on building a "mixed-use" community where homes, retail shops, commercial development and open space are blended, to make it easy and convenient for residents to live, work, shop, and enjoy recreation right in the immediate area. Mesa Del Sol developers talk about this as a sustainable community, which will bring people out of their homes and cars, encouraging them to be connected to each other and the environment, and thus be more active and healthy as well.Part of the Mesa Del Sol strategy is to insure that all the homes in this new area of Albuquerque will be bui... 06/11/2007

I've been doing a lot of showing in the past couple of weeks, and even some offer-writing. I'm getting a bit frustrated though, at the really strange market situation that's developed, at least in the rural areas surrounding Albuquerque. With very few exceptions, all the active listings were priced well above the very highest sold comps, sometimes as much as 20% above the highest comparable property that has actually closed. (Let me here congratulate that minority of serious sellers whose homes are well-priced: it was such a pleasure showing your properties!)Last year, and the year before that, this "overpricing" strategy worked for sellers! Property values were increasing so rapidly that you could actually get 20% more than your neighbor got for his identical property six months earlie... 06/11/2007

Sony Pictures Imageworks has announced that it will be opening a branch in the new Mesa Del Sol subdivision in Albuquerque. It is expected to initally employ 100 people, and will be occupying a new, 100,000-square-foot facility adjacent to Albuquerque Studios.Imageworks creates computer-generated animation and special effects for such motion pictures as The Chronicles of Narnia, The Matrix and its sequels, Superman Returns, and the Spiderman series of movies.Imageworks president Tim Sarnoff noted in a statement that "New Mexico offers a combination of quality of life plus economic advantages that will help us as a company..."Mesa Del Sol is a uniquely conceived nighborhood based on the idea of a "mixed use" community, where homes, retail, commercial, and open space are integrated within... 06/11/2007

The Albuquerque Home Market reportSandia Heights View current list of Sandia Heights homes for sale.  If you are looking to buy or sell a home in Sandia Heights, please contact me today.   May 2007#  of HomesMedian PriceLowest PriceHighest PriceNew Listing16$378,900$280,000$1,983,000Pending7$377,900$298,500$475,000Sold5$359,000$319,000$1,099,000For all your Albuquerque Real Estate needs, contact me today! Ashley Drake Gephart Keller Williams Realty Cell: 505.261.0389      These statistics were compiled from the Albuquerque Metropolitan Board of REALTORS® data on 6/11/2007 at 1:30 a.m. This data is reflective of homes which were listed on the MLS; private sales are not included. Information was obtained from sources deemed reliable but not guaranteed. This information should not be used... 06/10/2007