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Market Conditions in Las Cruces : Real Estate Advice

  • All129
  • Local Info15
  • Home Buying37
  • Home Selling1
  • Market Conditions8

Activity 12
Wed Apr 16, 2014
Mika Gamboa asked:
This question was asked from
0 votes 0 Answers Share Flag
Mon Feb 17, 2014
Jason Wright answered:
This home could probably rent for approx. $700. There are a lot of factors that go into the final price.It would take more than just looking at the pictures. Would you like to take some time and go look at the house this week? ... more
0 votes 1 answer Share Flag
Tue Jan 21, 2014
Allen Takeshita answered:
It's only about 4 minutes away.
0 votes 1 answer Share Flag
Fri Oct 11, 2013
Yvonne Rodriguez, GRI answered:
Vacant land is not priced out $$/sq ft. Can find lots as low as $60k in Picacho Hills. Views and size of lot impact the asking price for vacant land in desirable Picacho Hills. Yvonne Rodriguez, EXIT Realtor at EXIT Realty Horizons Cell# 575-312-1477 or Wk# 575-532-5678 or Check out my website: ... more
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Fri Oct 11, 2013
Yvonne Rodriguez, GRI answered:
88012 has two middle schools: Camino Real Middle School located on Roadrunner Pkwy and Vista Middle School on Del Rey. Please check out the Las Cruces Public School website. They have a wonderful school district map and please call their main office to verify the map found online. ... more
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Fri Jul 26, 2013
jessecolt answered:
Check CNNmoney .com. They project Las Cruces housing prices will rise 9.3% over the next year. With housing prices rising across the US, this will result in people in places like San Francisco selling out and moving to lower priced but attractive cities like Las Cruces. ... more
0 votes 5 answers Share Flag
Fri Jul 26, 2013
jessecolt answered:
If you go to CNNMoney and check projected home prices, you will see that Las Cruces home prices are projected to rise 9.3% over the next year. Suggest you buy soon or you may be paying 10% more within a year. ... more
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Mon Sep 10, 2012
Gricel Mendoza Chavez answered:
I also recommend that you contact the Downtown Las Cruces Partnership. The organizations goal is to improve downtown, restore it's vibrancy, and attract business back to the area - all items that would be important to me were I a propspective home buyer. Their phone number is (575) 525-1955 and website is I'm not a real estate agent - but a fellow Las Crucen and closing officer at Southwestern Abstract & Title. If I can give you any further insight, please don't hesitate to ask! ... more
0 votes 4 answers Share Flag
Fri May 18, 2012
Voices Member answered:
Hi Brenda,

There are many variables that effect both the sale price and rental price of a given property. If you would like to call me at 575-526-1802, any time, either myself or Pat, my wife, who is also a broker would be more than happy to answer your question once we have some idea of the location of the property in question.
Thanks for writing!
Jack E. and Pat Arrington Brokers
Arrington's Theatre of Homes Real Estate
Suite 444 Wells Fargo Tower
Las Cruces, NM 88001
Office: 575-526-1802
... more
0 votes 3 answers Share Flag
Mon Jul 4, 2011
Carl Topley answered:
Check with the county to verify the that any property's zoning will suit your application. Regarding the rezoning process, there is an upfront non-refundable application fee and the rezoning process can take months or longer... ... more
0 votes 3 answers Share Flag
Mon Jun 20, 2011
Nellie Bunch answered:
Hi Maggie,

In my opinion buying would be the better answer since you will get all the benefits that have been stated
prior to my answer, plus you get to deduct the mortgage interest on your Federal Income Tax and you wil
be earning equity for your future.

Nellie Bunch
Associate Broker, Las Cruces, NM
... more
0 votes 8 answers Share Flag
Thu Sep 10, 2009
Carl Topley answered:
Sometimes VIEWS can enhance the marketablitiy and value of a home. This value does not carry as much weight as it did in a stronger real estate market though. Views of the Organ Mountains are always a plus however.

The bottom line here is that Realtors and Home Owners do not set the market value/price. Willing BUYERS do.

Even then, the transaction is at the mercy of a Real Estate Appraiser to justify the sales price to the buyer's lender. On occasion, appraisals come in less than the price contractually agreed upon by buyer and seller. This provides a buyer with a "window" to either re-negotiate the price or come up with the cash-difference to satisfy the lender criteria. Sometimes realtors can successfully contest an appraisal by providing the appraiser with comps of their own. The appraiser can then adjust his "comps" upward, to satisfy the bank's undewriters.

Like I said in my previous post, ALL properties are NOT equal, even if they are the same size, and on the same street..........
... more
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Market Conditions in Las Cruces Zip Codes