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Category: Local News

Closing costs in NM 12th highest

Closing costs in NM 12th highest

ALBUQUERQUE, N.M. — With mortgage rates bumping below 4 percent, now may time to buy a house in New Mexico. But be prepared for higher-than-average…


A plan that could change ABQ development is headed toward a key vote

A plan that could change ABQ development is headed toward a key vote

After a year and a half of public hearings and workshops, the city's new comprehensive plan, the reworked document that will guide new development…


Rental affordability pushes ABQ low in best places for renters list

Rental affordability pushes ABQ low in best places for renters list

More than a third of all U.S. households are renters.

That number has been steadily climbing in the U.S., and at 36 percent is the…


Commission Adopts Rules on Advertising, Broker Duties; Kills License Number Display Proposal

Commission Adopts Rules on Advertising, Broker Duties; Kills License Number Display Proposal

The Real Estate Commission adopted a wide range of rule changes on June 20, highlighted by new advertising requirements for associate brokers and associate broker…


New Mexico sees jump in home foreclosures during first half of 2016

New Mexico sees jump in home foreclosures during first half of 2016

Despite Albuquerque's improving housing market, the state as a whole is still grappling with home foreclosures.

RealtyTrac released home foreclosure data for the first six months of the year,…


NM home sales and prices continue to grow

NM home sales and prices continue to grow

ALBUQUERQUE, N.M. — New Mexico’s single-family home sales for June, the second quarter and the first six months of the year continued to show gains…


The Best American Cities for Creatives (That aren’t NYC, LA, or SF)

The Best American Cities for Creatives (That aren’t NYC, LA, or SF)

Not to rub it in, but: New York, Los Angeles, San Francisco, not that you care, but you didn’t make this list. You either, Chicago.…


Albuquerque’s economic recovery continues to improve as summer boosts travel and homebuying

Albuquerque’s economic recovery continues to improve as summer boosts travel and homebuying

Albuquerque Business First's Recovery Index brings you some good news this month.

The Albuquerque economy improved to 83.4 percent recovered from the recession, up from last…


Uptown building to become condos, retail

Uptown building to become condos, retail

An 86,000-square-foot office building in Albuquerque's Uptown area will be transformed into luxury residential condominiums and a mixed-use project.

The office building, 2424 Louisiana Blvd.…

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