News & Info | Gary Sandler

Aug 27, 2022 Las Cruces median home price holds steady as rate of appreciation declines

Gary Sandler

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Published 27 August 2022 Media outlets of all shapes and sizes have been consistently reporting on the effects the current economy is having our nation’s real estate markets.  An Aug. 24 CNBC headline read “Home prices fell for the first time in three years last month — and it was the biggest decline since 2011.”

Aug 20, 2022 ‘For Sale by Owner’ homes at lowest level on record; generating fewer dollars

Gary Sandler

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Published 20 August 2022 Not long ago, a Realtor I know had the opportunity to show a listing to a pair of prospective homebuyers who responded to an advertisement. At the conclusion of the showing, the broker inquired about the couple’s current housing situation and buying plans. The duo indicated that they were planning to

Aug 15, 2022 Become an expert in housing micro markets

Gary Sandler

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Published 15 August 2022 Last week this column detailed a few of the indicators that reflect the changes taking place in our local real estate market. Included in the mix were statistics showing that some sellers are receiving a lower percentage of their asking prices, the inventory of homes for sale and number of days it

Aug 07, 2022 Changes to Las Cruces real estate market trigger new pricing strategies

Gary Sandler

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Published 7 August 2022 To say that residential real estate is in a state of flux may very well be an understatement. In a press release issued July 20, the National Association of Realtors reported that existing-home sales “declined for the fifth straight month.” More specifically, sales dropped by 5.4 percent between May and June

Jul 30, 2022 New Mexico gets it right on private property rights

Gary Sandler

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Published 30 July 2022 Among the provisions contained in the Fifth Amendment to the US constitution is one that states that no person shall “be deprived of life, liberty, or property, without due process of law; nor shall private property be taken for public use, without just compensation”. The concept is called Eminent Domain. According

Jul 24, 2022 Cashing in on builder incentives can be challenging

Gary Sandler

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Published 24 July 2022 The following is a true story. It was a beautiful day in Las Cruces. A first-time buyer was shopping for her new home. She had already met with two builders that week (let’s refer to them as builders A and B) and had just arrived at builder C’s model-home sales office.