Abq.news Real Estate

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Demand For Real Estate Soars In Nob Hill

6 days ago . 40 people watched

According to the latest figures from the real estate database, MLS, the average home value in Nob Hill has increased 13.3 percent from 2020 to an estimated $345,000. Like other markets similar in size to Albuquerque, the increase in home values has been driven by a shortage of houses available compared to the rise in demand.

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Real Estate Prices Get Cannabis Boost

3 days ago . 37 people watched

As the marijuana business booms, there is a higher demand for industrial and commercial real estate. In Colorado, as marijuana sales rose, warehouse vacancy rates fell from 7.6 percent to 3.1 percent. And warehouses that normally sell for $40 per square foot …

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The Paper. Albuquerque's Independent News.

7 days ago . 42 people watched

Old Town Real Estate Is Hot Right Now. Residential Home Sales in Albuquerque Continue to Set Records by Muhamed Abdel-Hack. T or C and Elephant Butte Struggle To Recover From Drought. Water Recreation, Hot Springs, Retirees and Virgin Galactic …

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Best Of Albuquerque: Pride Edition

9 days ago . 34 people watched

Best Real Estate. Talia Freedman. Talia Freedman is a realtor who went from the crowded city streets of Manhattan to living on three acres in Tijeras, N.M., just outside of Albuquerque. She came to Albuquerque in 1996 to study at UNM and fell in love with the place. Now she helps others find a place of their own.

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Urban Archeology Of Old Town

4 days ago . 28 people watched

At the time, it had already transitioned to mostly commercial real estate. But Romero, owner of a successful grocery, wanted something to rival his pal Charles A. Bottger’s nearby mansion (built in 1912 at 110 San Felipe NW and currently employed as a bed and breakfast). Overlooking the historic plaza and kitty corner to the San Felipe de

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Trump Organization CFO Surrenders Ahead Of Expected

5 days ago . 52 people watched

Another prominent New York City real estate figure, the late Leona Helmsley, was convicted of tax fraud in a federal case that arose from her company paying to remodel her home without her reporting that as income. The Trump Organization case involves possible violations of …

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Nob Hill Retail Down, Not Out

8 days ago . 29 people watched

June 13th, 2021 at 06:08 pm. Updated June 14th, 2021 at 03:52 pm. Route 66 is one of North America’s most famous highways. It stretches approximately 2,448 miles and is host to all sorts of quirky attractions.Here in New Mexico, “The Mother Road” also crosses right through Albuquerque’s Central Avenue and the Historic Nob Hill neighborhood, complete with neon lights and eclectic shops.

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Valley Voters Reject Conservative Takeover Of MRGCD

7 days ago . 51 people watched

In response, conservative candidates Julia Maccini and Simon “Scooter” Haynes, commercial real estate developers, challenged both in the recent MRGCD elections by advancing an agenda to increase irrigation draws from large farms. Climate and conservation advocates warned that this would come at the expense of other MRGCD priorities

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Navajo Nation Struggles With Illegal Grow-Op

Just Now . 44 people watched

Los Angeles-based real estate agent Irving Lin—one of Benally’s primary business associates—admitted that “a few places” are growing cannabis. “Some people … might want to give it to their friend or something,” he told reporters, “or maybe they can sell it for a higher price.”

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Digging Up The Past At Little Beaver Town

7 days ago . 41 people watched

Urban real estate comes at a premium, though, and many of these sites have been bulldozed, paved over and turned into Starbucks. But fragments of them still remain, sticking out of weed-choked lots, hiding in forgotten back alleys, lurking under several layers of paint just down the street.

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Nob Hill Homegrown Native Murals

8 days ago . 32 people watched

Apparently, this is high-value real estate because of the great wall space and parking spots in the area. The building owner has the final say on the usage of the space and whether or not legal action is pursued in the case of “vandalism.” Artists are constantly pursuing permission to use the spot next. But NSRGNTS, SABA, and the Native

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MRGCD Candidate Gets Only 26% Of Vote, Immediately Claims

7 days ago . 58 people watched

Haynes, a developer who owns a real estate and construction business based in Albuquerque, claims that the election was fraudulent and should be invalidated by the board of directors of MRGCD. Baca’s campaign manager, Neri Holguin, had a different take. “Alleging voter fraud is a serious allegation and it implies intention.

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Weekly Canna: Lines Drawn In Zoning Discussion

1 days ago . 46 people watched

Under the plan, dispensaries would be cut off from vast swaths of prime real estate. Notably choked out was the Nob Hill corridor. Notably choked out was the Nob Hill corridor. Under the revised plans, some of those areas opened up , but restrictions against operating too close to churches and schools still created unnecessary hurdles.

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Trump's Company Could Face Criminal Charges In NY "As

6 days ago . 59 people watched

In addition to fringe benefits, prosecutors have looked into whether the Trump Organization lied about the value of real estate holdings to lower taxes or to obtain bank loans or insurance policies on favorable terms. They have also looked into the company’s role in paying hush money to two women who say Trump had affairs with them

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In Downtown, Hope Has Survived The Pandemic

8 days ago . 43 people watched

But if the hot real estate market is more than just a passing phase, it could also mean very bad news for Downtown. The cost of housing is the best predictor of homelessness, and it’s a good bet that we will continue to shoulder more than our fair share of the burden if the already-large population increases further.

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House Passes Home Delivery Of Liquor

2 days ago . 36 people watched

In the past, such a license would have cost an average of $350,000 — compared to about $1,150 annually for a license to sell beer and wine. Unlike beer and wine licenses, the state now has a limited number of liquor licenses that are bought, sold and leased like real estate.

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Jeffrey Epstein's New Mexico Ranch Listed For $27.5

3 days ago . 52 people watched

Local real estate professionals have said the highly publicized accusations against Epstein probably won’t have much effect on what the ranch and its massive mansion ultimately fetch on the market, the New Mexican reported. “I think they priced it right,” James Congdon of Santa Fe Properties said of the Epstein property.

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BREAKING: Facing Historic COVID Levels, Gov. Imposes New

1 days ago . 57 people watched

Demand For Real Estate Soars In Nob Hill June 15, 2021; Nob Hill Homegrown Native Murals June 15, 2021 “Compromised” Cops Create Liabilities June 15, 2021; Nob Hill Cinema History June 15, 2021; Vaccine Supplies Eclipse Demand In New Mexico June 15, 2021

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APD Creating Unit To Target Street Racing

3 days ago . 41 people watched

According to Albuquerque Police Dept. Sergeant Cody Robinson, one of the top complaints they receive is related to drag racing. “It seems like we’re getting a lot of complaints really late at night,” Robinson said. Since March 1, Robinson said APD has issued 1,472 speeding citations, 32 citations for vehicle nuisance and spectating of

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Water Board Elections Are More Important Than You Think

1 days ago . 56 people watched

Julia Maccini is an attorney who works for family-owned construction, real estate and farming businesses, including Architectural Contractors Inc. and is the Development Coordinator at SCM Partners LLC.She serves on the Albuquerque-Bernalillo County Water Protection Advisory Board. The former staffer for U.S. Sen. Jeff Bingaman advocates improving communication with farmers and …

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It's Legal! Everything You Need To Know About Cannabis

7 days ago . 55 people watched

According to the law, a cannabis courier license costs $1,500 a year, plus $1,000 for each additional licensed premises. The fees for cannabis testing license, cannabis research lab license, cannabis manufacturer license, cannabis producer license and cannabis retailer license each cost $2,500 a year, plus $1,000 for each additional licensed premises.

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The Dangers Of Marijuana Use Disorder Might Not Exist

9 days ago . 54 people watched

Marijuana addicts can reportedly suffer from irritability, sleeplessness, decreased appetite, anxiety and cravings if they’re cut off from the drug. Teens who use cannabis are said to be especially at risk of developing marijuana use disorder along with regular users.

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Project ECHO Comes To Nob Hill

6 days ago . 30 people watched

Living in the Nob Hill/University area of Albuquerque, adjacent to the Central Avenue corridor, has its perks. Within a healthy walk are historic houses, the sprawling UNM campus, tasty restaurants, fresh-roasted coffee, chocolate to die for, an iconic food …

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Lobo Theater Returns As Music Hall

Just Now . 34 people watched

The Lobo ceased operating as a movie theater in 2000 and was eventually refurbished as the Calvary Nob Hill Church. The church shut its doors in late 2019, and the space sat empty throughout the 2020 pandemic. But J. Richard Rivas, owner of Commercial Real Estate Services NM, is in the process of revamping the space as a “premier music venue.”.

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It's Official: 2020 Was One Of The Driest, Hottest Weather

1 days ago . 59 people watched

There’s a 55% chance that 2020 will end up as the warmest on record, according to the National Oceanic Atmospheric Association (NOAA), as reported by the Associated Press. And, according to predictions provided, 2021 doesn’t look much better. Predictions for the 2020-21 winter forecast a hotter and drier season for all parts of the state

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Community Profile: Chuey Martinez

8 days ago . 33 people watched

I grew up all over the United States working as a migrant farmer. I spent most of my childhood in the fields of California and Arizona. As I grew up, I became a part of the United Farm Workers Union. In the fields you see a lot of inequalities, and you get a real-world experience.

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International District Round-Up (Part One)

Just Now . 42 people watched

It seemed little more than a real estate ploy. But after working for a time at Van Buren Middle School, I came around. After all, I figured, growing up in a neighborhood known as “The War Zone” can’t have made life easier for these youth. Admittedly, this area, like much of the city, has very real issues with violence, property crime

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Eric Adams, Former NYPD Cop, Wins Democratic Primary In

7 days ago . 56 people watched

He was born in Brooklyn, walked the beat there as a cop, owns real estate there and represented it in the state Senate. But he slept in his office in Brooklyn Borough Hall for months during the pandemic and opponents noted that he shares a place with his partner in Fort Lee, New Jersey.

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OPINION: Employees Are A Cannabis Company's Greatest Asset

3 days ago . 59 people watched

This guest column was submitted as commentary by the listed author. It is the opinion of the author, not The Paper. Have an opinion?! Email us at [email protected]abq.news. As a proud employer my hope is that the standardization of the recreational marijuana industry in New Mexico is a win win. Industry in New Mexico, as well as nationally, can and

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The Unofficial Mayor Of Nob Hill

8 days ago . 32 people watched

Get to Know Nob Hill Association's Gary Eyster. Adrian N. Carver is a generational New Mexican. He's the marketing director and a policy & politics writer for The Paper. 100% of reader revenue goes to the local. independe nt journalists bringing you the news.

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Liquor Sellers Leery Of Booze Tax

9 days ago . 33 people watched

State Rep. Antonio “Moe” Maestas, D-Albuquerque, argues the 2 percent tax is necessary to offset the losses of longtime liquor license owners, who may have paid $350,000 or more to sell spirits in a state with a limited number of available licenses — assets bought, sold and leased like real estate.

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International District Round-Up (Part One)

6 days ago . 42 people watched

It seemed little more than a real estate ploy. But after working for a time at Van Buren Middle School, I came around. After all, I figured, growing up in a neighborhood known as “The War Zone” can’t have made life easier for these youth. Admittedly, this area, like much of the city, has very real issues with violence, property crime

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New Mexico’s Nuclear Rush

Just Now . 27 people watched

“Because of the real estate and the seismic location, it is the best geologic site and the best environmental site in the country for the interim storage of these spent fuel rods,” Hobbs Mayor Sam Cobb told Searchlight New Mexico. The facility is intended as a temporary storage place, supporters add.

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CNM’s Culinary Arts Program Is Still Cooking

9 days ago . 46 people watched

Chris Morosin is an instructor in CNM’s Culinary Arts, Beverage and Hospitality Management programs and is an accredited sommelier to boot. The Paper. spoke with him about what makes CNM’s program special, how they are navigating the challenges brought on by the pandemic and what advice he has for people interested in or just getting started out in the industry.

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Cannabis Legalization Archives

3 days ago . 30 people watched

Real Estate Scarce For Pot Shops. by Josh Lee June 29, 2021 June 29, 2021. Posted in Cannabis Expunge Cannabis Records Now! by Carolyn Carlson June 29, 2021 June 29, 2021. Posted in Cannabis Soilutions Offers Boutique Soil Menu for Cannabis Growers. by Gwynne Ann Unruh June 8, 2021 June 8, 2021.

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Border Wall's Devastating Environmental Damage

1 days ago . 46 people watched

GUADALUPE CANYON, Ariz. (AP) — Work crews ignite dynamite blasts in the remote and rugged southeast corner of Arizona, forever reshaping the landscape as they pulverize mountaintops in a rush to build more of President Donald Trump’s border wall before his term ends next month. Each blast in Guadalupe Canyon releases puffs of dust as

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About abq.news real estate

Real estate in Downtown Albuquerque, which covers Old Town and West Downtown has seen similar trends. Just in the month of June, 27 residential properties have been sold, with an average sale price of over $291,500. Compare that to the same time frame last year, 28 properties sold for an average of over $238,800, a 19 percent difference.

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Total: 37 New Post

FAQ?

Is real estate a good investment right now?

Real estate is generally a great investment option. It can generate ongoing passive income and can be a good long-term investment if the value increases over time.

How much can you make in real estate?

Real estate is often a referral-based business. Those who are involved in the business longer typically are the most successful. Those with 16 years or more experience earned the highest real estate income: approximately $78,850 on average.

What is the best real estate market?

Dallas tops the list of real-estate markets over the period studied, exhibiting strong price appreciation, while remaining a market in which investors saw strong rents relative to property values.

What is the most expensive real estate in the US?

Manhattan real estate is the most expensive in the US per square foot with some properties topping $10,000: Study. Move over San Francisco — the Big Apple tops Silicon Valley as most expensive place to live in the United States, a new study shows.

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