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Sep 01, 2017 Credit scores are important – and valuablePublished 1 September 2017 LAS CRUCES – According to a recent report from the financial website www.myfico.com, the average U.S. FICO score in 2007 was 689. FICO is an acronym for Fair Isaac Corporation, the folks who created the FICO score. The highlight of the report, however, was that the average score hit a milestone this
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Aug 25, 2017 Sales of distressed properties down 50 percent
Published 25 August 2017 LAS CRUCES – The percentage of distressed Las Cruces-area properties sold by local Realtors through the first seven-plus months of 2017 was just under half of what it was when the when the number of problem properties peaked in 2011, according to statistics pulled from the archives of the Las Cruces Association
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Published 18 August 2017 LAS CRUCES – Is our market nearing its seasonal peak? According to statistics from the Las Cruces Association of Realtors, approximately 57 percent of our annual property sales take place during the spring and summer “selling season.” Sales are typically slowest during December and January, and peak around June or July and sometimes
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Aug 12, 2017 Property shortage expands to rental market
Published 12 August 2017 LAS CRUCES – A shortage of properties has been plaguing the Las Cruces home sales market and driving up prices for the better part of a year. The same fate has now befallen the local residential rental market. As a result, rental properties are becoming scarce and rental rates are on the
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Aug 04, 2017 NM veterans making use of VA home loans
Published 4 August 2017 LAS CRUCES – From the outbreak of the Mexican-American war in 1846, to campaigns being waged this very day in multiple countries around the world, New Mexico servicemen and women have bravely defended America’s Constitution and way of life. With that service came a long list of benefits, one of which is
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Jul 28, 2017 Las Cruces commercial market poised to expand
Published 28 July 2017 LAS CRUCES – The face of retail in Las Cruces is changing – for the better. After years of waning commercial rental rates and increased vacancies, commercial investment is on the rise in the Mesilla Valley. Take the retail sector, for example. “Business is steady,” said Jake Redfearn, principal associate broker at NAI
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