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mcarristo

Voice for Commercial Real Estate 26: 1031 Exchange, Disparate Impact

July 13, 2015 by mcarristo

View YouTube video from NAR.
NAR releases research showing why proposals in Congress to curb 1031 tax-deferred exchanges would be a bad idea for residential and commercial real estate. That’s a top segment in The Voice for Real Estate for the week of July 13, 2015. Other segments in NAR’s twice-monthly news video look at the U.S. Supreme Court’s disparate impact ruling, which affects the Fair Housing Act, and NAR’s latest pending home sales index, which is at its highest level since 2006.
By: National Association of REALTORS®
Click here to view source article.

Filed Under: All News

Register for Business Ethics in Real Estate Course

July 9, 2015 by mcarristo

Business Ethics in Real Estate
4 CE’s Approved!  |  Print Flyer  |  Register Online
October 1, 2015 | 8:00 a.m. – 12:00 p.m. | Instructor: Bob Treece
CNM Workforce Training, Room 207 | 5600 Eagle Rock Ave NE
The Ethics course will be offered one time this year locally. We hope you’ll join us! Your participation in local courses helps offset CARNM dues fees. This course meets the REALTOR® Code of Ethics requirement which must be completed by December 31, 2015.

Filed Under: All News

Albuquerque Ranked One of the Top Recreation Cities in the U.S.

July 8, 2015 by mcarristo

(Click photo to enlarge)

A new study of the best U.S. cities for recreation ranks Albuquerque near the top of the pack.

The personal finance website WalletHub studied the 100 largest metro areas in the country for things like number of parks, number of public golf course, parkland as a percentage of city area, music venues, movie theaters, coffee shops, overall cost of living and other factors.

How does Albuquerque stack up as a recreation city? No. 12 in the U.S., as it turns out, with especially high rankings for quality of parks, cost of living and climate.

The Duke City placed well ahead of cities with elevated recreation reputations such as New York (No. 86), Seattle (No. 41) and Honolulu (No. 31). It just trailed neighboring cities Tucson, Ariz., (No. 11) and Denver (No. 10).

Cincinnati was No. 1 in the study. Scottsdale, Ariz., finished third.

The full study can be seen here.

By: Mike English (Albuquerque Business First)

Click here to view source article.

From original article:

Kick off your Sunday shoes, and put on some sneakers. July is National Park and Recreation Month, which gives everyone an excuse to get moving. Americans are fond of the outdoors, after all, and it’s evident in the amount of greenbacks they invest on green space. In 2014, the most populous U.S. cities collectively spent more than $6.4 billion on parks and recreation.
And those cities should expect a handsome return on that investment. Neighborhood parks are instrumental to building community cohesion, boosting property values, improving public health and reducing pollution. In Washington, for instance, close proximity to a park increases a home’s value by 5 percent. And neighborhood parks in Sacramento, Calif., contribute an estimated savings of nearly $20 million on health care costs.
But the term “parks and recreation” encompasses far more than just park facilities and exercise. In this study, we also consider those whose favorite pastime may be exploring museums, going to concerts or even attending food festivals, all of which contribute to the overall well-being of a city.
To highlight the benefits of public spaces and recreational activities to consumers and the local economy, WalletHub compared the 100 largest U.S. cities across 27 key metrics. In each city, we examined basic costs, the quality of parks, the accessibility of entertainment and recreational facilities as well as the climate. The results, as well as expert commentary and a detailed methodology, can be found below.
Click here to continue reading.
 

Filed Under: All News

July CCIM NM Properties

July 8, 2015 by mcarristo

Thanks to all of the brokers, sponsors and guests who attended the July 2015 CCIM NM Deal Making Session and to those who shared the July 2015 CCIM NM Properties. Over 18 million dollars of commercial real estate properties available for sale were presented from all over New Mexico.

Name Property Price
1. Jim Wible CCIM & Keith Meyer CCIM, SIOR NWC Desert Willow Rd. & Palmilla Rd., Los Lunas 87031 $794,300
2. Anne Apicella 8100 2nd St. NW $1,300,000
3. Brent Tiano CCIM 2206 Sun Ranch Village Lp. Los Lunas 87031 $749,500
4. Steven J. Quant CCIM 881-883 Lead Ave. SE $1,420,000
5. Cheryl Bonner & John M. Henderson III, CCIM 101 Hospital Loop NE $207,000
6. Anne Apicella 290 E. Avenida Bernalillo $349,000
7. Jim Wible CCIM & Dave Hill CCIM 1903 A Edith Blvd. $240,000
8. Jim Wible CCIM & Dave Hill CCIM 1903 B Edith Blvd. $850,000
9. Dan Newman SIOR & Debbie Dupes CCIM, CPM 4001 Jefferson Plaza NE $5,300,000
10. Todd Clarke CCIM & Bill Shattuk CCIM 400 Horseshoe, Deming NM $2,935,000
11. Cheryl Bonner & Brent Tiano CCIM 2633 Dakota St. NE $649,500
12. Cole Flanagan CPA, Rich Diller CCIM, SIOR, Clayton King 911-914 E. Main St., Farmington, NM $4,390,000

Filed Under: All News

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