The New Mexico Filmakers Conference and First Vision Forum will be held at the Hyatt Regency March 27-29, 2008. There will be workshops and networking opportunties for New Mexico talent. On Thursday night there will be a screening of films by New Mexicans to include winners of Govenrnor's Cup competitions. For more information on the entire conference go to http://www.nmfilm.com/.
Remember if you want to buy or lease property in New Mexico, give me a call.
Showing posts with label TV production. Show all posts
Showing posts with label TV production. Show all posts
Saturday, March 15, 2008
Saturday, March 8, 2008
HOUSING RECOVERY LATE 2009
Forecast Positive for Second Half of 2008Thursday, March 06, 2008 National Realty News
WASHINGTON, D.C. - The volume of existing-home sales is expected to hold steady through late spring, with a gradual recovery during the second half of the year as the mortgage situation improves in high-cost areas, according to the latest forecast by the National Association of Realtors®. Lawrence Yun, NAR chief economist, said many buyers have been waiting for higher mortgage loan limits. “The higher loan limits for both FHA and conventional loans will increase consumer choice and provide greater access to lower interest rate mortgages in high-cost regions,” he said. “Therefore, a notable rise in home sales can be anticipated in the second half of the year." Realtors locally report that calls off of signs and activity has picked up in since the start of March.
In ABQ, the number of sales is off by 35% from last year this month, but the average sales price has increase about 1% a month so far this year. A pattern of disparate price performance continues around the country with a roughly even split between up and down markets. Many areas that have lost jobs are showing price declines which might be why ABQ looks good. We are gaining jobs.
“New-home sales nationally should decline 23.7 percent to 590,000 this year before rising 7.2 percent to 633,000 in 2009. Locally, KB Homes has announced that they are leaving ABQ. For years they successfully built for starter-homes at the low end, but their last move to higher priced homes here has proven to be a poor strategic move.
The 30-year fixed-rate mortgage, which has moved erratically in recent weeks, is expected to hover around 5.8 percent most of the year, and then rise to an average of 6.3 percent in 2009. Growth in the U.S. gross domestic product (GDP) should be 1.5 percent this year and 2.4 percent in 2009. The unemployment rate is projected to average 5.4 percent in 2008 and 5.5 percent next year. Inflation, as measured by the Consumer Price Index, will probably be 3.2 percent this year and 1.5 percent in 2009. Inflation-adjusted disposable personal income is expected to grow 1.4 percent in 2008 and 3.1 percent next year.
If you are looking for homes to rent, buy or for location shots, give me a call at 505-220-9193.
Judy Pierson, CB Legacy
New Mexico's Hollywood Realtor
WASHINGTON, D.C. - The volume of existing-home sales is expected to hold steady through late spring, with a gradual recovery during the second half of the year as the mortgage situation improves in high-cost areas, according to the latest forecast by the National Association of Realtors®. Lawrence Yun, NAR chief economist, said many buyers have been waiting for higher mortgage loan limits. “The higher loan limits for both FHA and conventional loans will increase consumer choice and provide greater access to lower interest rate mortgages in high-cost regions,” he said. “Therefore, a notable rise in home sales can be anticipated in the second half of the year." Realtors locally report that calls off of signs and activity has picked up in since the start of March.
In ABQ, the number of sales is off by 35% from last year this month, but the average sales price has increase about 1% a month so far this year. A pattern of disparate price performance continues around the country with a roughly even split between up and down markets. Many areas that have lost jobs are showing price declines which might be why ABQ looks good. We are gaining jobs.
“New-home sales nationally should decline 23.7 percent to 590,000 this year before rising 7.2 percent to 633,000 in 2009. Locally, KB Homes has announced that they are leaving ABQ. For years they successfully built for starter-homes at the low end, but their last move to higher priced homes here has proven to be a poor strategic move.
The 30-year fixed-rate mortgage, which has moved erratically in recent weeks, is expected to hover around 5.8 percent most of the year, and then rise to an average of 6.3 percent in 2009. Growth in the U.S. gross domestic product (GDP) should be 1.5 percent this year and 2.4 percent in 2009. The unemployment rate is projected to average 5.4 percent in 2008 and 5.5 percent next year. Inflation, as measured by the Consumer Price Index, will probably be 3.2 percent this year and 1.5 percent in 2009. Inflation-adjusted disposable personal income is expected to grow 1.4 percent in 2008 and 3.1 percent next year.
If you are looking for homes to rent, buy or for location shots, give me a call at 505-220-9193.
Judy Pierson, CB Legacy
New Mexico's Hollywood Realtor
Wednesday, March 5, 2008
HOMES TO BUY OR FOR LOCATION
There are just great deals here in ABQ to buy second homes with sellers eager to make a deal, any deal. Some are willing to rent or generate revenue by having them be used as a location set. There are some million dollar beauties in the High Desert area and just about any age, type or model of home. I just listed a terrific townhome owned by an artist which would be a great second home here in ABQ. Check out Eastridge on my website www.JudyPierson.com. Call me.
Thursday, February 21, 2008
GOV RICHARDSON WOOING HOLLYWOOD FILM TO NEW MEXICO
New Mexico is serious about bringing film and tv productions to our State. This week the Governor, that would be Bill Richardson, was in Hollywood talking to several studios including Lionsgate, Touchstone, HBO Films, Sony, Warner Bros, NBC, Universal, CBS/Paramount, and Fox TV Studios. Reading about the trip made me abit nostalgic since I lived in Burbank for years and drove by the big studios almost daily. What I enjoyed the most were the huge, and I mean huge, posters that announced the new films. You knew you were in Hollywood!!
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