Market Minute

by Ashley Drake Gephart on July 3, 2009

Friday, July 3rd, 2009

market rate chart

Unemployment report data has cast a negative shadow over the stock market as the report shows 467,000 jobs lost in June, much worse than the expected 365,000. The unemployment rate has reached 9.5%, the highest rate since 1983. With overseas markets struggling already, losses look considerable for the stock market. However, treasuries and bonds see strength as investors look for other places for their money before the holiday weekend. Mortgage rates were better on Thursday by 0.125 to 0.25 in price from Wednesday’s midday improvement.

Market information provided by:

Prospect Mortgage Albuquerque

Chris Fortin
Loan Officer
Prospect Mortgage
9201 Montgomery Blvd. NE, Ste. 405
Albuquerque, NM 87111
Phone: 505.203.3244
E-mail: Chris Fortin
Web: Prospect Mortgage/KW Mortgage Services Unlimited   Equal Housing Opportunity

For more information on home financing, visit my Albuquerque Mortgage Page.

Albuquerque Home Search

For Albuquerque real estate information contact:

Ashley Drake Gephart, Associate Broker, REALTOR®
Best: 505.261.0389
Keller Williams Realty 505.271.8200
Email Ashley

Or visit these pages:
Albuquerque NM Real Estate
Albuquerque Home Value - Complimentary CMA
Albuquerque Property Search No registration required

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Albuquerque Mortgage Rates

by Ashley Drake Gephart on July 3, 2009

Friday, July 3rd, 2009

loan application

Loan
Loan Amt
Int. Rate
Points
30 Yr Fixed
$417,000
5.250%
0+1
15 Yr Fixed
$417,000
4.750%
0+1
30 Yr FHA
$271,050
5.375%
0+1
7/1 ARM
$417,000
5.000%
0+1
5/1 ARM
$417,000
4.250%
0+1
3/1 ARM
$417,000
4.500%
0+1
Jumbo loans
>$417,000
 

 

 

Mortgage Rates provided by:

Prospect Mortgage Albuquerque

Chris Fortin
Loan Officer
Prospect Mortgage
9201 Montgomery Blvd. NE, Ste. 405
Albuquerque, NM 87111
Phone: 505.203.3244
E-mail: Chris Fortin
Web: Prospect Mortgage/KW Mortgage Services Unlimited

For more information on home financing, visit my Albuquerque Mortgage Page.

Equal Housing Opportunity

Information is subject to change without notice.
This is not an offer for extension of credit or a commitment to lend.

Albuquerque Home Search

For Albuquerque real estate information contact:

Ashley Drake Gephart, Associate Broker, REALTOR®
Best: 505.261.0389
Keller Williams Realty 505.271.8200
Email Ashley

Or visit these pages:
Albuquerque NM Real Estate
Albuquerque Home Value - Complimentary CMA
Albuquerque Property Search No registration required

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Cherry Hills Library - Special Events for July

by Ashley Drake Gephart on July 2, 2009

For Adults

Digital Books Tutorial

Saturday, 7/11, 11 AM–12:30 PM
Come to the free tutorial and learn how to find and download books, videos, and e-books and transfer them to your portable device. Register at the Info Desk, space is limited.

Creepy Critters

Saturday 7/11- 11:00 AM
The New Mexico Museum of Natural History and Science will have live animals on hand. Minors must have parental permission to handle animals after the presentation.

Van of Enchantment

Monday 7/20- 11:00 AM-1:00 PM
Hop on the Van of Enchantment as it stops by the Cherry Hills Library! The Van of Enchantment is a traveling museum exhibition exploring the history of travel and trade in New Mexico. For this trip, the van will feature TRAILS & TALES. Learn about prehistoric roads, El Camino Real, the Old Spanish Trail, and more!

For Children

Independence Day Crafts

Friday 7/3 3PM
Get ready for the fireworks by making your own star-spangled accessories and decorations for the 4th!

Rhythm & Fun with the Percussion Lady

Friday 7/10 3PM
Spark your imagination and ignite your creativity! Participants will experience a magical time filled with song, story, and rhythm. This interactive program is great for the entire family—ages 2 through 92!

Pine Cone Bird Feeders

Friday 7/17 3PM
Be kind to your feathered friends by making these classic camp crafts to feed them.

Storyteller Ramona King

Friday 7/24 3PM
Ramona King is a beloved storyteller in New Mexico. She will entertain audiences with her wide range of interactive tales! Read more about Ramona King.

For Teens

Learn How to Play Guitar

Tuesday 7/14- 2:00 PM
Did you ever want to go up on stage and dazzle the world with your amazing skills on the guitar? Don’t worry if you don’t play. Musician and music teacher Kevin Kinane will be on hand to teach anyone how to play guitar in just a few hours!

Weave!

Tuesday 7/14- 4:00-6:00
Ages 12-18. Learn to make woven pouches from yarn on a loom made from a sheet of cardboard… perfect size for an iPod or a cell phone! Sign up at the Info Desk.

How to Get into the College of Your Choice

Tuesday 7/14- 6:30 PM
Ina Miller, former faculty and Head Counselor at St. Pius High School, currently Independent Educational Counselor, presents a workshop for students and parents on what you need to know and how you can prepare to get into the college of your choice. Sign up at the Info Desk.

Teen Movie: A Knight’s Tale

Tuesday 7/21- 3:00 PM
William (Heath Ledger) the squire is a first rate jouster. But only knights get to compete. So, he disguises himself as a knight in order to qualify for the games. Of course, he’s jousting for more than just the thrill of winning. Recommended by Cherry Hills Teens! For more information, call (505) 291-6295.

Cherry Hills Library Albuquerque NMCherry Hills Library

6901 Barstow NE
Albuquerque, NM 87111
(505) 857-8321

For events at other Albuquerque libraries, visit the Albuquerque Library Events page.

Albuquerque MLS Search

For Albuquerque real estate information contact:

Ashley Drake Gephart, Associate Broker, REALTOR®
Keller Williams Realty
9201 Montgomery Blvd., NE Suite 101 Albuquerque, NM 87111
Cell: 505.261.0389 * Office: 505.271.8200 * Fax: 505.271.8217
Albuquerque NM Real Estate
Albuquerque Home Value - Complimentary CMA
Search Albuquerque Homes - MLS Search No registration required
Email Ashley

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Refined Remodel For Sale in Far Northeast Heights

by Ashley Drake Gephart on July 1, 2009

Please wait a moment while the Flash slideshow loads above.

View a floorplan [.pdf].   Map location.

This tri-level recent remodel has refinished hardwood floors, neutral ceramic tile, new carpeting and fresh paint. MasterCool Evaporative Cooler installed in the past 2-3 years. All bathrooms are recent upgrades with vanities, custom tile, hard-rubbed bronze fixtures and decorative mirrors. Kitchen has new countertops. New ceiling fans and all new air vents. There are 2 living areas, 4 bedrooms, built-in bookcases and woodburning fireplace. The lawn is easy maintenance, in a great neighborhood.

Details

9419 Lagrima De Oro Rd., NE Bedrooms 4
Albuquerque, NM 87111 Bathrooms 2
County: Bernalillo Floors 3+
MLS # 651671 Sq. Ft. 2207
HOA: No Lot 0.150
HOA Monthly Dues: $0 Garage 2
Price $279,900 Age: Unknown

 

Property Amenties

Blt In Elec Stove/Oven Dining Room Rear Evaporative A/C
Dishwasher MB Shower Only Fireplace Wood Burn
Disposal MB Double Sink Patio Open
Kitchen Island Foyer Attached 2-Car Garage
Washer & Dryer H/U’s Attic Walled backyard

 

School Info

Elem: Osuna Middle: Madison High: Sandia

 

View up-to-date listings in Far Northeast Heights.

Be sure to keep up with the Albuquerque market! Sign up for email updates.

Albuquerque MLS Search

For Albuquerque real estate information contact:

Ashley Drake Gephart, Associate Broker, REALTOR®
Keller Williams Realty

Direct: 505.261.0389
Email Ashley

Or visit these pages:
Albuquerque NM Real Estate
Albuquerque Home Value - Complimentary CMA
Albuquerque MLS Search No registration required

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Downtown Albuquerque Housing Statistics May 2009

by Ashley Drake Gephart on June 30, 2009

Albuquerque Home Market Report

Downtown Albuquerque Real Estate

See the most up-to-date list of Downtown Albuquerque homes for sale, including single-family homes and lofts. If you are looking to buy or sell a home in Downtown Albuquerque, please contact me today. The Downtown Albuquerque area is bounded by I-25 and the Rio Grande River, and by I-40 and Cesar Chavez.

May 2009 # of Homes Median Lowest Highest
New Listing 24 $239,450 $94,500 $1,100,000
Pending 12 $239,500 $64,900 $489,000
Sold 18 $177,000 $35,000 $312,000
May 2009 Square Footage Bedrooms Bathrooms
Minimum 714 1 1
Maximum 2350 4 3
May 2009 Days on Market Cumulative Days on Market
Minimum 9 N/A
Average 98 170
Maximum 305 N/A

 

Downtown Albuquerque Area Resources

Albuquerque Downtown Median Housing Prices

Albuquerque Downtown Average Cumulative Days On Market

These statistics were compiled from the Greater Albuquerque Association of REALTORS® data on 6/13/2009. 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 to determine the value of any property. Photos are for illustration purposes only and do not necessarily represent current or past listings.

Albuquerque Home Search

For Albuquerque real estate information contact:

Ashley Drake Gephart, Associate Broker, REALTOR®
Best: 505.261.0389
Keller Williams Realty 505.271.8200
Email Ashley

Or visit these pages:
Albuquerque NM Real Estate
Albuquerque Home Value - Complimentary CMA
Albuquerque MLS Search No registration required

[where: 87102] [where: 87104] [where: 87105]

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