New Mexico’s seasonally adjusted unemployment rate was 6.6 percent in October 2013, down from 6.7 percent in September and also down from 6.8 percent a year ago.
The rate of over-the-year job growth, comparing October 2013 with October 2012, was 0.2 percent, representing a gain of 1,900 jobs. Eight industries added employment over the year, and five industries lost jobs.
The largest employment gains were reported in the financial activities industry, adding 3,000 jobs since this time last year. Gains in the leisure and hospitality industry have slowed to 2,200 jobs now that the peak tourism season is over. Both the construction and retail trade industries reported a gain of 600 jobs each. The mining industry added 500 jobs, continuing the moderating trend from a previously higher growth rate that was in the thousands.
The educational and health services industry lost 1,100 jobs. Manufacturing employment declined by 900 jobs. Government employment registered a net loss of 3,100 jobs since last year, with similar-sized losses reported at the federal and local levels.
Detailed analysis will be provided in the Labor Market Review scheduled for release on December 2.
New Mexico Department of Workforce Solutions – New Mexico Economic Data 11.22.13
Archives for 2013
November 2014 CCIM Properties
| 1. | John Ransom, CCIM, SIOR and Tim With, CCIM, SIOR | 2810 Karsten Ct SE | $3,900,000 : $73.79/SF |
| 2. | Jim Wible, CCIM and Keith Meyer, CCIM, SIOR | 5801 Bobby Foster Rd | $5,495,000 |
| 3. | Jeff Branch, CCIM and Mark Ruhlman | 2415 Princeton Dr NE | $225,000 : $51/SF |
| 4. | Rich Diller, CCIM, SIOR and Cole Flanagan | 2121 & 2124 Claremont Ave NE | $2,080,000 : $55.47/SF |
| 5. | John Phillips | 3134 & 3200 Bridge Blvd SW | $850,000 |
| 6. | Dan Rowe | 10600 Unser Blvd NW | $890,000 |
| 7. | Jim Wible, CCIM and Keith Meyer, CCIM SIOR | 1301 Cuesta Arriba Ct NE | $699,000 |
November 2013 Commercial Market Trends
November 2013 Commercial Market Trends
View a New Mexico Market Trends Summary Report, which includes current statistics for various property types including industrial, office, retail, shopping center, vacant land, farm/ranch, hospitality and multi-family. This report includes total number of listings, asking lease rates, asking sales prices, days on the market and total square feet available.
Disclaimer: All statistics have been gathered from user-loaded listings and user-reported transactions. We have not verified accuracy and make no guarantees. By using the information, the user acknowledges that the data may contain errors or other nonconformities. Brokers should diligently and independently verify the specifics of the information you are using.
CARNM Names REALTOR® of the Year, Top Deals
Dave Hill, an office real estate broker and director at NAI Maestas & Ward, was named REALTOR® of the Year, while Colliers International swept the marketing deals of the year awards, at the Commercial Association of Realtors New Mexico annual luncheon meeting on Tuesday.
Although well known in the commercial real estate community and active over the years in its various organizations, Hill also was recognized for his volunteer work in youth sports and church, as well as embodying the qualities of a “dedicated family man,” said Brian Anderson, who presented the award.
A poignant moment in the award presentation was congratulations delivered to Hill by video from his eldest son currently serving in the Navy. His wife and three other teenaged children were surprise guests at the luncheon.
Dave Hill is with the commercial real estate firm of NAI Maestas & Ward.
The commercial real estate affiliate of the Realtors Association of New Mexico, CARNM’s membership has held steady the past two years at 450, which is a small proportion of the roughly 5,700 Realtors statewide. Tom Franchini of Colliers is association president for 2014, replacing Dan Newman of CBRE.
The top marketing deal for more than $1 million was awarded to Franchini, Tim MacEachen and Bill Robertson for the sale of a 14,400-square-foot office and warehouse on Hardware Drive NE.
The top marketing deal of the year for less than $1 million was awarded to Keith Bandoni, John Ransom and Tim With of Colliers for the sale of the roughly 8,000-square-foot building at Otono Plaza near Jefferson and Alameda NE.
A requirement for the top deals awards is a verbal pitch at a monthly marketing meeting of the local chapter of Certified Commercial Investment Members, an unrelated commercial real estate group whose membership overlaps with CARNM’s. The awards recognize the marketing strategy and success of deals, not the size or scale of the properties.
By Richard Metcalf (Albuquerque Journal)
View Source Article here.
