News & Info | Gary Sandler

Aug 22, 2016 Borrowers turn up the heat on energy efficient mortgages

Gary Sandler

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Published August 22, 2016 I read in the June 9, 2016 edition of this newspaper that the recent rate boost granted to El Paso Electric would result in an 89 cent per month average increase for each of their 90,000 residential customers in New Mexico. By my fuzzy math, that’s almost a million dollars a

Aug 15, 2016 4-Star hotel to anchor $60 million in new downtown development

Gary Sandler

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Published 8/15, 2016 Economic development is flourishing in downtown Las Cruces. After many years of doubt, speculation, and in some cases outright disbelief that the revitalization of downtown would ever become a reality, a majority of the groundwork needed to support the next round of development is now in place. It is upon that groundwork

Aug 08, 2016 Almost 75% of area sales under $200,000

Gary Sandler

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Published  A wise gentlemen once told me that numbers can be tortured to admit to anything. Some numbers speak for themselves, however. In our marketplace, statistics from the Las Cruces Association of Realtors (LCAR) show that 589, or just over 72 percent, of the 816 new and used home, townhome and condominium transactions closed during

Aug 01, 2016 Tenants residing in foreclosure properties have rights

Gary Sandler

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Published August 1, 2016 Do you rent or lease a home, apartment or mobile home? If so, do you know if the owner of the property is paying the mortgage? Better yet, do you know whether or not the property is in some stage of foreclosure? The answers can drastically change the lives of those

Jul 25, 2016 Is now the time to refinance?

Gary Sandler

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Published July 25, 2016 It’s no secret that mortgage interest rates are at historic lows. Freddie Mac reported last week that the average conventional 30-year and 15-year mortgage rates were 3.42 percent and 2.74% respectively. As a result of this enticing news, refinancing is on the minds of many Las Cruces homeowners. The decision to

Jul 18, 2016 Average home price increases by $2,346

Gary Sandler

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Published July 18, 2016 The average sales price for the 806 new and existing homes, townhomes and condominiums sold during the first half of the year rose by 1.4 percent, or just over $2,300, according to reports from the Las Cruces Association of Realtors. Seventy-eight of the total were new construction, with the remaining 728