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Mar 01, 2020 Slim home inventory sparks Las Cruces bidding warsPublished 1 March 2020 An acute shortage of homes for sale in the Las Cruces-area is frustrating home shoppers in all price ranges, according to a Feb. 24 report from the Las Cruces Association of Realtors. As a result, many buyers are choosing to offer the asking price or more in order to prevail over
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Published 12 January 2020 According to a Jan. 6 report from the Las Cruces Association of Realtors, 2019 was the second-best production year on record for Las Cruces-area home sales. Local Realtors sold a total of 2,154 new and existing homes, townhomes and condominiums during 2019, surpassing the 2,136 homes sold in 2005, which was
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Published 25 November 2019 Most people are aware that the spring and summer months are considered the “high season” for real estate sales. In most areas of the country, sales begin trending upward in April and May and remain brisk well into the summer months. The scenario isn’t much different here in Las Cruces. Warm
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Published 12 October 2019 It’s no secret that Las Cruces-area home sales have been and continue to be brisk. While that’s good news for sellers, the fact remains that there are never enough buyers in the marketplace to purchase the entire inventory. As a result, some sellers will find it difficult or impossible attract a
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Published 28 May 2019 There’s hardly a person with even a passing interest in real estate who isn’t aware of the three most important rules of buying and selling: location, location, location. But is the location of a property really that important? Almost without exception, the answer is “yes.” Although a large number of home
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Published 6 May 2019 Around this time last year, I noted in this column that roughly 23 percent of the single-family, free-standing homes that changed hands sold for the asking price, or more. At the time, buyers who paid more than the asking price shelled out an average of around $2,800 above list to beat
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