Established in 1929
Health City Sun
The
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Published by Defined Publishing, Inc.
New Mexico’s Legal & Financial Weekly
June 15, 2012
Vol. 2.83 No. 24
FORECLOSURE SALES: 29
PROBATE:19
AUCTIONS: 9
NOTICE OF SUITS: 6
OTHER: 17
SPANISH NOTICES: 3
Bank Owned Homes Will Dominate the 2012 Real Estate Market
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lbuquerque, NM - Bank owned homes will dominate the 2012 real estate market according to Albuquerque REALTOR® Joe Maez of Keller Williams Realty Westside. Maez says that Albuquerque foreclosures are still driving the market due to problems in the banking system getting bank owned properties through the foreclosure process and into the market. As a result, he says the Albuquerque real estate market will continue to be affected by the flow of bank owned homes. “Banks have battled a number of legal challenges, but the foreclosure inventory continues to impact the local market in a big way.” Maez says that while buyers are getting some amazing deals right now, sellers are also seeing an uptick in price and buyer interest. “It’s definitely a win-win for buyers and sellers in the New Mexico real estate market right now.” He says another factor in the market that is making buyers take notice is the extremely low but rising interest rates. “We have never before seen the national average for interest rates below 4% like this. Low rates in combination with low prices is a gift for home buyers right now.” According to Maez, the powerful combination of low rates and low prices due to the large number of bank owned homes has spurred investor buying as well. “Investors are the ones to watch. When we see investors coming into the market like we do now to pick up Albuquerque homes for sale from the banks, our experience has shown that it’s a great time to buy.”
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About Joe Maez REALTOR® Joe Maez is a proven real estate professional who knows how to do things right. Every day he is out there working to make the home-buying or -selling process easier for his clients. Regardless of which way the market has gone, Maez’s sales have gone up every year. He says, “If you really do a good job, you’ll always have clients,” and his track record proves it. Joe, who has personally sold more than 500 homes in Rio Rancho and Albuquerque, has unique and extensive knowledge of the local markets. He works regularly in the Albuquerque New Mexico market, covering Rio Rancho, Corrales Real Estate, and Los Lunas.
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rampolining can be an exciting activity. It also can create hazardous conditions. Orthopaedic surgeons and ER staff treat more than 100,000 trampoline-related injuries each year. The most common injuries are sprains and fractures, which result from falls on the trampoline mat, frame or springs; collisions with another jumper; stunts gone wrong; and falls off the trampoline. “Trampolines can be fun for kids and adults, but they also pose a high risk for injuries, especially when two or more people jump at one time,” said Matthew B. Dobbs, MD and spokesperson for the American Academy of Orthopaedic Surgeons (AAOS). “Orthopaedic
Trampoline safety surgeons recommend that families avoid trampoline recreation centers and trampolines not be used in home environments or in outdoor playgrounds because of the high risk of injuries.” In an effort to reduce the number and severity of injuries, the AAOS came up with these tips: • Trampolines should not be used for unsupervised recreational activity. Use of trampolines for physical education, competitive gymnastics, diving training and similar activities requires careful adult supervision and proper safety measures. • Competent adult supervision and instruction are needed for children at all times.
• Allow only one participant at a www.facebook.com/AAOS1 and time. www.twitter.com/AAOS1. • Spotters should be present (NAPSI)— when participants are jumping. Somersaults or high-risk maneuvers should be avoided unless there is proper instruction and protective equipment, such as a harness. • The trampoline-jumping surface should be at ground level. • Supporting bars, strings and landing surfaces should have adequate protective padding. • Check equipment regularly. • Trampolines are not for children under age 6. • Remove trampoline ladders after use to prevent unsupervised access. Learn more at http://orthoinfo. aaos.org/topic.cfm?topic=A00291,