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Jul 21, 2019 Rate of home price appreciation slowingPublished 21 July 2019 There’s no question that home values in and around Las Cruces have been on the rise over the past few years. The pace at which those values have been rising has begun to slow, however. A report on existing-home sales gleaned from the archives of the Las Cruces Association of Realtors
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Jul 14, 2019 Is title insurance really necessary?
Published 14 July 2019 A home is usually the largest single investment any of us will ever make. Whether purchasing with cash or financing with a mortgage, title insurance is an important part of the process. For New Mexico property buyers who finance the purchase a property, the $120 or so they customarily pay for
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Jun 23, 2019 Single female homebuyers outnumber male counterparts
Published 23 June 2019 According to the National Association of Realtors 2018 profile of home buyers and sellers released last October, single women homebuyers outnumbered single male homebuyers by 2 to 1. While that’s undoubtedly a major milestone, there was a time when it was nearly impossible for female homebuyers obtain home mortgages on their
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Jun 16, 2019 $168.7 million in home sales closed through May
Published 16 June 2019 Local Realtors sold 828 new and existing homes, townhomes and condominiums valued at $168,712,578 through the first five months of this year, according to a June 11 report from the Las Cruces Association of Realtors. While the total number of sales booked this year fell six units shy of the number
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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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