Amistad Real Estate

Featured Article

• High-End Foreclosures Rising Among Top Tier Homes

  Monday Jun 30 | via Realty Trac 

  Until now, the foreclosure crisis was confined to a narrow niche of middle-class urban communities and outer-rim new housing developments where first-time homeowners and real estate speculators benefited ...

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  Related Topix: Housing, Home, Mortgage

Regional Headlines

• Bank of America plans 7,500 Countrywide cuts

  Friday Jun 27 | via New Mexico Business Weekly 

  Bank of America Corp. will cut 7,500 jobs as part of its acquisition of Countrywide Financial Corp.

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  Related Topix: Financial Services, Countrywide Financial, New Mexico, Banking, Bank of America, Home, Mortgage, Mortgage, Personal Finance

• DOE helps low-income New Mexicans weatherize homes

  Wednesday Jun 18 | via Bizjournals 

  The U.S. Department of Energy awarded $1.7 million to the New Mexico Mortgage Finance Authority to help low-income New Mexicans weatherize their homes.

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  Related Topix: Department of Energy, New Mexico, Home, Mortgage, New Mexico Government, US Politics, US News, Pete Domenici, US Senate, Republican

• Wild, Wild West: New Mexico Bordering On Change

  May 19, 2008 | via Realty Times 

  New Mexico remained among the top states enjoying home price appreciation in the fourth quarter last year.

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  Related Topix: Housing, New Mexico, Foreclosures, Real Estate

• Preservationists Dig Land Crash

  May 2, 2008 | via US News & World Report 

  Not everybody is boohooing the real estate market crash. Preservationists say that the huge drop in demand and price for land means they can gobble up targeted areas for a lot less.

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  Related Topix: Real Estate, New Mexico, New Mexico Government, Illinois, Illinois Government

• Housing woes not affecting Clovis

  Apr 29, 2008 | via Clovis News Journal 

  By Kevin Wilson: CNJ staff writer Local and state marketers are optimistic the housing crisis gripping the nation is not likely to affect New Mexico, and could possibly miss Clovis.

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  Related Topix: Real Estate, New Mexico, Housing, Foreclosures

National Headlines

• Beware of reverse mortage scams

  5 min ago | via Jacksonville Daily News 

  Columnist's Note: This letter has been edited for length. Dear Troubleshooter: I read your column all the time and find it most informative.

  Comment?

  Related Topix: Family, Elderly, Home, Mortgage, Mortgage, Personal Finance

• Condo Volume for June down 52% from the high

  2 hrs ago | via Ardell's Seattle Real Estate Blog 

  The number of King County condo sales in June of this year is 52% lower than the highs of 2005 and 2006 and a little more than 50% lower than June of last year.

  Comment?

  Related Topix: Housing

• Acacia revamps and expands mortgage business

  3 hrs ago | via Bizjournals 

  While many lenders are ‘running away’ from residential mortgages, Acacia Federal CEO James Barber plans to almost quadruple the amount of home loans his bank originates each month.

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  Related Topix: Mortgage, Home

• No Velvet Rope

  Thursday Jul 3 | via SmartMoney 

  THESE DAYS CONSUMERS are dealing with skyrocketing prices for everything from a gallon of gas to a gallon of milk.

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  Related Topix: Home, Mortgage, Personal Finance, Retirement

• Others' economic woes bring business to bankruptcy attorney

  8 min ago | via The Business Journal of Phoenix 

  High foreclosure rates and the increasing number of individual and small-business bankruptcies are keeping attorney Dan Gukeisen’s services in demand.

  Comment?

  Related Topix: Foreclosures