"Breaking Bad" to Film in ABQ

Sony/AMC/Topanga Productions is bring a second season of filming of "Breaking Bad" to ABQ. The pilot was picked up so the crew will be here filmng over various locations for the next six months. Welcome Back! I expect to get calls for homes to lease, especially with pools. Bring it on! I can find them.

The Governor has tried to attrack more television productions so that the crews are here for longer periods of time which creates more local economic benefits. "Easy Money" will be the sixth major TV production following "Crash", W"Wildfire", "Breaking Bad", "Terminator: The Sarah Connor Chronicles," and "In Plain Sight".

STUDIO IN RIO RANCHO?

City councilors have approved a resolution to negotiate with a group who wants to establish a digital media center downtown. The City of Vision Studios needs to provid proof of financial backing by Dec. 2008. If approved, it could bring hundreds of high paying jobs to RR. What with HP coming next year and maybe this studio, RR just could turn around in a couple of years. Let's hope because the real estate market there now is totally stalled.

TERMINATOR FILMS AT LA LUZ TRAIL TODAY

The Terminator, oops, I mean Project Angel, is filming days now and today they are at the La Luz Trailhead. The wind is blowing like crazy so I hope they stay save. No word on a possible actors' strike so plans are for the crew to stay through September. I have been in contact with three about finding a home to lease with a pool. I do have one for $1800 a month and another for $4500 per month which is more for the star or top mucky-mucks.

Extreme Makeover

The Extreme Makeover filmed in freezing January aired tonight and it was a tear jerker. The Rodriquez family is truly amazing in what they have done over 6 years in our "war zone" area. The crime rate is down 50% and the area is buzzing with hope. The show tonight captured the big hearts that differentiates New Mexico from the family themselves to the thousand or so volunteers that built the homes. Someone said that every city has a word that describes it. For Albuquerque the word is "heart". People here with and without alot of money give generously of their time, concern and money. I love it here! I left Hollywood ten years ago and have never regreted it. I'll let Hollywood come here to me as I am not leaving! Call me if you want to move here! You will love it too.

FILM MAKERS SEEK HOMES WITH POOLS

The weather would seems ideal, but few homes in Albuquerque have pools, and renting homes with pools is quite desireable for filmmakers here on location. There are nice apartments that can be rented on a month to month basis with outdoor pools, but few homes. I think the main reason we do not see many pools here is the heat. It's hard for pools to survive without cracking issues when you have our freezing winters and hot summers. We found after moving here from LA that you can't lay out in the sun here; it's too intensely hot. Swimming in that heat will fry your skin in a nanosecond. The altitude creates a much more intense heat even though our summers do not get as hot as AZ or Nevada. So here in our Mile High City we head to the half dozen or so wonderful gyms with beautiful indoor pools.

JACK BLACK BRINGS IT TO NEW MEXICO!

The "Year One" staring Jack Black will be filmed in New Mexico. The ABQ Journal describes the role as a "neolithic road tripper" and I am not sure what that is. Maybe I am dating myself, but I do like Jack Black. The film is described as a road trip through ancient times which is a genre we haven't seen for awhile. More details are not available except that it will be filming in ABQ for three weeks. Wonder where he will hang out.

Well, give me a call if you are with the film and need anything of a real estate nature.
Judy

CRYSTAL DARKNESS FILMED IN NEW MEXICO

Not that we want to be associated with the whole meth addiction problem, but a documentary on the ravages of meth will air April 10th in ABQ. It features interviews with NM health and law officials and it's aim is to warn young people about the addictiveness of meth. I work with kids who are custody of the courts and so many are in foster homes because their parents, usually young, are addicts. The cost to all of us is incredible. I hope this film resonates with young people.

As a realtor, we have to be on the look out for homes that have been used as meth labs. These homes have to be almost gutted to get the chemicals out of the rugs, floors and walls. Usually we see it in rental homes. It's a nightmare. That's why I would rather get a good movie related tenant in my client's homes. Give me a call if you want to buy or lease a home or are looking for a location site.

Judy Pierson
NM's Hollywood Realtor

MIKE TODD DIED IN NM 50 YEARS AGO

The headline of the Journal on March 22,1958 was “Air Crash Near Grants Kills Mike Todd.” He and Elizabeth Taylor married less than a year earlier and I remember being so sad for her. Todd was purported to be the love of her life… how sad for her. Mike Todd was known for his award winning “Around the World in 80 Days”. Todd was flying from Burbank, CA to New York City in a leased aircraft. Elizabeth stayed home with a cold and begged him not to go. The plane crashed over Zuni after the pilot moderate icing and was reportedly heavily overloaded. The plane slammed into a pasture. Three days earlier he had flown into ABQ for a premiere of the film at the Hiland Theatre. There is no marker at the site which is so respectful. That kind of respect instead of capitalizing on a tragedy which is what happens in Hollywood is one of the things I just love about New Mexico!

NM Filmakers Conference

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.

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

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.

This Week's Real Estate Update

Here is a link to my weekly "REAL ESTATE NEWS CHANNEL":Click Here This week's segments are full of interesting and useful information that I think you will enjoy whether you are a buyer, seller, homeowner, or renter.Some of the topics covered this week are:Real Estate Outlook - Every week, it seems, there's a battle of conflicting numbers when it comes to housing. The latest existing home sales survey from the National Association of Realtors is a perfect example.Mortgage Moment - Jan Demas discusses "Stated Income Loans"Market Condition - Local market expert Realtor Craig Martin, reports Greenville, South Carolina, is one of the few cities bucking the national trends.Ask the Expert - "Can anyone steer me to a report that will tell me the U.S Real Estate Appreciation Rates by state for the last 15 to 20 years?" Video of the Week - This week's amazing video.You can also tour my latest listing as well as view some of my personal favorites.I hope you enjoy this week's show. If you have any comments, please e-mail them to me.If you do not wish to receive this each week, please reply to this e-mail with the word 'REMOVE' in the subject line.Sincerely,Judy Pierson

REAL ESTATE NEWSLETTER

Here is a link to my "March Real Estate Update":http://realtytimes.com/112/JudyPiersonThis Newsletter is full of interesting and useful information that I think you will enjoy whether you are a buyer, seller, homeowner, or renter.This month's issue includes topics such as: "When Selling Your Home, Using Scents Makes Sense!";"Condos Pay Off As Second Homes";"Timing Is Everything: When And How To Move"; "How To Stop ID Theft Cold";"Use Home Equity Protection"; Plus a roundup of February real estate activity as well as much more advice and information.I hope you enjoy this monthly newsletter. If you have any comments, please e-mail them to me. Or, if you would like to see a certain topic covered in future months, let me know that too! If you do not wish to receive this Newsletter each month, please reply to this e-mail with the word 'REMOVE' in the subject line.Sincerely,Judy Pierson

NM IS A WINNER AT OSCARS!

Who by now doesn't know that No Country for Old Men won the Oscar as best picture and several other awards to boot. What may not be known is that it was filmed here in New Mexico in one of our proud historic towns called Las Vegas. Las Vegas was on the original Santa Fe trail and like Pasadena, CA had rich families from the mid-west settle there at the turn of the century. There are wonderful grand old homes that are being updated and attracting buyers from out-of-state who want to retire in NM but live in elegance. Charming town! I just sold a fast food drive-in to a Taco Bell franchise so even the food is getting upgraded!!

Albuquerque Official City Film Office & Realtor Sites

www.cabq.gov is where to find the Abuquerque, New Mexico Film Office website which has information about Why Film in ABQ? plus airport and charter service locations. What isn't on there is the Hollywood Realtor in New Mexico site which is www.JudyPierson.com. Check it out. Coming from Hollywood and "connected", Judy Pierson is one of the top realtors in the city and can assist in finding locations and homes to rent or buy.

Real Estate Newsletter Feb. 12, 2008 from Judy Pierson

Here is a link to my weekly "REAL ESTATE NEWS CHANNEL":Click Here This week's segments are full of interesting and useful information that I think you will enjoy whether you are a buyer, seller, homeowner, or renter.Some of the topics covered this week are:Real Estate Outlook - If you stand back and only look at the negative economic and housing news this week, you might feel a bit numb and a little discouraged.Mortgage Moment - Jan Demas asks the question "Did you ever wonder how Mortgage Pros get the best Interest Rates?"Market Condition - Realtor Zach Frederick in Austin, Texas reports that the local market has remained relatively free of the chaos that is troubling the rest of the nation.Ask the Expert - "On the good faith estimate some of the items payable in connection with the loan are categorized as "PFC" and "POC." What do these letters mean?" Video of the Week - This week's amazing video.You can also tour my latest listing as well as view some of my personal favorites.I hope you enjoy this week's show. If you have any comments, please e-mail them to me at jpierson@cblegacynm.com.