Archive for September, 2010

Video: Fall Colors and Balloons Over the Rio Grande Bosque

Written by Mark T Fiedler - The Mark and Sheila Team
September 27th, 2010

I hear it all the time around this time of year – “Fall is the best time to be in New Mexico.” It’s hard to disagree. By early October the weather has usually cooled off, the Albuquerque Balloon Fiesta is in full swing, and the trees in the Rio Grande River Bosque are golden.

Because of the Albuquerque “Box”, (a set of local wind patterns that allow hot air balloons to fly to the south at low altitude, and to the north up high) a lot of balloons often end up flying over the Rio Grande River within sight of the Rivers Edge Subdivision of Rio Rancho.

There’s a walking path along the cliffs overlooking the west side of the river. If you haven’t ever walked there, October would be a great time to do so.  You’ll get a view of the bosque which only lasts a few weeks each year, but which is worth the wait!

Video: 510 Cordova NW in Albuquerque – 1 Story, North Valley Townhome

Written by Mark T Fiedler - The Mark and Sheila Team
September 11th, 2010

2 BR  2 BA    Approx 1072 Sq Ft    2 Car Garage

Super Pueblo-Style 2 BR townhome near UNM, Downtown, Old Town, the North Valley and Freeways. Beautifully decorated, with Wood Laminate Flooring in the living room and dining room. Easy-care, walled front and back yards.

For more info and photos, go to .

Rio Rancho, NM Home Sales – Quantifying the trend in graphs.

Written by Mark T Fiedler - The Mark and Sheila Team
September 7th, 2010

Much time is spent on analyzing and trying to predict the housing market. Below are some  home sales statistics for the Rio Rancho, NM housing market compiled by Al-tos Research, a California firm that specializes in housing research for cities all across the U.S. As you see, the median sale price in the Rio Rancho, NM market has been dropping pretty consistently over the last 12 months. Their proprietary Market Activity Index, which combines inventory levels, absorbtion rates, changes in median sale prices and other factors gives a snapshot as to whether the market indicates a “buyer’s market” or a “sellers market’. A number near 30 on their scale, would indicate a market in balance. A lower number, as is currently displayed indicates a definite buyer’s market right now.

Rio Rancho Home Sales

The Days on Market chart can actually be deceiving, as it only tracks the time that homes which have sold are staying on the market. Hundreds of homes which never sell at all, are not factored into this statistic. The Price per Square Foot chart is useful, as it mirrors the overall price movement in the market. As you can see in the last chart, the inventory of Rio Rancho, NM homes has moved up since January. Of course, this change influences all of the other graphs, as a higher inventory most often causes downward pressure on prices, and increases the buyer’s market condition.Rio Rancho NM Home Sale Stats

Al-tos Research offers their statistical services to home buyers and sellers nationwide.

Video: Rio Rancho Adoptable Pet of the Week

Written by Mark T Fiedler - The Mark and Sheila Team
September 4th, 2010

This adorable brown and gray Shorthair Chihuahua is available for adoption at the Rio Rancho Animal Control Shelter on Northern Blvd. He is about 5 years old, very affectionate, and likes to be held, once he gets to know you. His ID number is C10-001204. If you have room in your home for this little cutie, call the shelter at 505 891-5075 to confirm his availability, If he’s already found a new home, they have lots of other wonderful pets there ready for adoption.

The Rio Rancho Animal Control Shelter is located at 3441 Northern Blvd, Rio Rancho, NM 87124. They are open Monday through Saturday from 9-5. They close from 12-1 for lunch.