tag:blogger.com,1999:blog-49606003121216882542008-05-07T20:35:36.243-06:00Archer's Silver City Real Estate BlogArcherhttp://www.blogger.com/profile/14435785987677346185noreply@blogger.comBlogger13125tag:blogger.com,1999:blog-4960600312121688254.post-26335741905924667382008-04-29T12:04:00.009-06:002008-04-30T10:22:29.916-06:00US New Home Sales - Gloom and Doom? Maybe in some markets, but not in Silver City!New Listing - Large 4 bedroom 2.5 bath home in great neighborhood. Curb Appeal.
Just some National Real Estate faqs hot off the press.
MARCH 2008 Data released 4-25-2008 - National New Home Sales (NHS) at lowest rate since 1991.
NHS down 8.5% for March 2008 after
NHS down 5.3% for February 2008.
New Home Supply stats:
New Homes inventory for March 2008 at 11 months*
*This is the highestArcherhttp://www.blogger.com/profile/14435785987677346185noreply@blogger.comtag:blogger.com,1999:blog-4960600312121688254.post-4541858028911436472008-04-09T17:24:00.007-06:002008-04-24T13:18:41.968-06:00Studying... and an Improving Market?As school has ended and with test day looming ahead, I may soon be able to devote more time to this blog. That is the plan anyway. Hope you all are well. With my main focus recently having been on taking care of business and my customers, having finally gotten the classroom requirements and obligations out of the way is a real relief. Hopefully that will parlay into time for more posts here.
Archerhttp://www.blogger.com/profile/14435785987677346185noreply@blogger.comtag:blogger.com,1999:blog-4960600312121688254.post-40926701473976209972008-01-29T12:43:00.008-07:002008-03-31T09:58:05.439-06:00SOLD 2003 - 2004 - 2005 - 2006 - 2007 SOLDHi and welcome to everyone from the Silver City Real Estate Blog. Hope you enjoy the blog, and that you come back often. Todays entry is a compilation of SOLD STATISTICS for the Silver City, Grant County, and surrounding areas for the periods 2003 thru 2007. As you can see, the market remained reasonably stable in spite of the acknowledged "sub prime" meltdown that is being seen in select Archerhttp://www.blogger.com/profile/14435785987677346185noreply@blogger.comtag:blogger.com,1999:blog-4960600312121688254.post-38793888964423950332007-12-12T10:38:00.001-07:002007-12-12T11:19:46.713-07:00Presidential Candidates on Real Estate - and MoreThought you might enjoy a brief overview of each of the main contender's outlook for real estate and related issues after "they become President." I do not endorse or support any candidate or party in this posting.
This information is taken in part from data at Realtor.org
DEMOCRAT Top Three:
Clinton: Would provide about a Billion to US States. This is targeted to help borrowers avoid Archerhttp://www.blogger.com/profile/14435785987677346185noreply@blogger.comtag:blogger.com,1999:blog-4960600312121688254.post-58823014717730585892007-10-16T10:52:00.000-06:002007-10-16T10:59:50.645-06:0010 Tips for First Time Home BuyersA few tips for first time Home Buiyers courtesy of the National Association of Realtors (NAR). The suggestions from these NAR handouts will help Buyers prepare for making that first home purchase..
10 Tips for First-Time Home Buyers:
1. Be picky, but don’t be unrealistic. There is no perfect home.
2. Do your homework before you start looking. Decide specifically what features you want in a Archerhttp://www.blogger.com/profile/14435785987677346185noreply@blogger.comtag:blogger.com,1999:blog-4960600312121688254.post-47317502138379313182007-09-18T18:24:00.000-06:002007-10-01T12:41:23.313-06:00Selling TipsHi. I hope this finds you well. We are alive and well in Silver City. It's always nice - near paradise.
A few Selling tips courtesy of the National Association of Realtors (NAR). The suggestions from these NAR handouts will help Sellers prepare their homes for market. It's pretty straightforward stuff, but you would be surprised at how lax many Sellers are in doing what would seem to most of usArcherhttp://www.blogger.com/profile/14435785987677346185noreply@blogger.comtag:blogger.com,1999:blog-4960600312121688254.post-7811806175386841602007-09-09T08:46:00.000-06:002007-09-13T10:04:14.500-06:00Seller's Biggest MistakeHome Sellers' Biggest Mistake*
Homes hold treasured memories. It's common for sellers to be emotional about selling their home. Some are overcome by seller's remorse before the ink is dry, and some openly cry.
However, there are many sellers weeping for a different
reason. They sob because they can't sell their home.
The Home Pricing Mistake
By far, the worst home selling mistake a seller can Archerhttp://www.blogger.com/profile/14435785987677346185noreply@blogger.comtag:blogger.com,1999:blog-4960600312121688254.post-48882660382278729682007-08-31T09:31:00.000-06:002007-09-12T18:45:30.496-06:00Bush on Subprime - FHA - Evaluates Market8-31-2007 9:15 AM MTN Subprime lending would be lending to someone with little or no credit. If coupled with low equity, this can be a formula for a loan disaster. GW BUSH Comments– (from scribbled notes taken during broadcast and not from a transcript so a bit of poetic license being used) Mortgage disturbances are modest. Claims the markets are in transition and are repricing risk.
Archerhttp://www.blogger.com/profile/14435785987677346185noreply@blogger.comtag:blogger.com,1999:blog-4960600312121688254.post-41187353417649086482007-08-29T09:11:00.000-06:002007-08-31T07:55:38.165-06:00Good News for Buyer's and Seller's. NAR President Comments You have to like (well I do anyway) the recent comment below from NAR’s president: National Association of Realtors President: A Good Time to Buy “For buyers able to qualify for conventional financing, there are ample opportunities in the current market,” says NAR President Pat V. Combs.
“Availability and pricing of conventional loans are reasonable, and FHA-insured mortgage Archerhttp://www.blogger.com/profile/14435785987677346185noreply@blogger.comtag:blogger.com,1999:blog-4960600312121688254.post-64057447003774719622007-08-15T11:14:00.000-06:002007-08-22T07:24:48.148-06:00About Silver City - Just the Faqs 1Good morning everyone. The following facts are presented in random order. I borrowed the faqs and data from various in print and online resources. I hope that you find some of this information useful to you.
Search the Silver City MLS Database
www.dreamhomenewmexico.com
Population about 10,550. Grant County population is about 30,000. Next head count will be out late this year (or early 2008), Archerhttp://www.blogger.com/profile/14435785987677346185noreply@blogger.comtag:blogger.com,1999:blog-4960600312121688254.post-50743381090203658572007-08-09T06:43:00.000-06:002007-08-11T14:07:16.795-06:00New Mexico Single Family Home Sales Q1 2006 vs Q1 2007Thought you might find the sales data comparing NM single family home sales from First Quarter 2007 vs. First Quarter 2006 interesting. This is broken down by market areas. Silver City sales data comparison is particularly interesting.
First Quarter 2006 First Quarter 2007 Percentage Change AREA Units Average Sales Price Archerhttp://www.blogger.com/profile/14435785987677346185noreply@blogger.comtag:blogger.com,1999:blog-4960600312121688254.post-18261504543239966432007-08-02T15:40:00.000-06:002007-08-11T14:12:11.975-06:00Tax Information for Investors in Real Estate Search the Silver City MLS
There are usually tax consequences with every real estate transaction. There may also be opportunities for tax breaks for the savvy investor. Understanding the obligations, liabilities, and the legal tax break angles in real estate are in every investors best interest.
Lets look Archerhttp://www.blogger.com/profile/14435785987677346185noreply@blogger.comtag:blogger.com,1999:blog-4960600312121688254.post-21930243058445530112007-08-01T19:54:00.000-06:002007-08-11T14:14:33.409-06:00Welcome to all visitors. Basic Rules........Have fun. Enjoy. Come back often. - That's all that I can think of at this time...
This is a new adventure for me, and I will try to provide enough content to do the bandwidth justice. In the beginning I think I should be conservative in my estimations of how often I will be able to update the blog, but I plan to get in a couple of posts each week as time allows.
Sellers get a free market Archerhttp://www.blogger.com/profile/14435785987677346185noreply@blogger.com