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Rio Rancho Information
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Rio Rancho NM Real Estate | Home Sales and Listings 

About the Rio Rancho, New Mexico Area 

ABOUT RIO RANCHO:
This is where we personally live. Rio Rancho is an exciting up-and-coming city that is so appropriately nicknamed "The City of Vision." Just a one-hour drive from the state capitol and nation's art capitol, Santa Fe, and a hop, skip, and a jump from Albuquerque, Rio Rancho offers for many a convenient location. Either here or close-by you will find great biking, bowling, majestic mesas, gaming, and the world-class luxury resort - the Hyatt Regency Tamaya Resort & Spa. Rio Rancho is situated on a higher elevation than the majority of Albuquerque, therefore surrendering stunning city, valley, and mountain views. We have researched Rio Rancho's history and paraphrased it here for you:  

Rio Rancho is the fastest growing community in New Mexico. It offers the "quality of life" features to entice both industry and individuals looking to relocate. The magnificent view of the Sandia Mountains, the warm summer days and cool evenings, and the mild winter temperatures are just a few of the enticements. Add low land costs, affordable housing, quality education, and a community with positive attitudes and you will understand why Rio Rancho is continuing to boom well into the future.  

In the early 1960's the AMREP Corporation purchased 55,000 acres of land on the outskirts of Albuquerque, originally called Rio Rancho Estates. This was the beginning of the City of Rio Rancho. AMREP marketed the area to residents in the Midwest and Eastern states. Home building began in 1962; many of the first residents were middle-income retirees. In 1966, the 100th family moved to Rio Rancho Estates and by 1977 the population had grown to 5,000. In 1971 AMREP purchased and platted an additional 35,000 acres. Rio Rancho Estates is now 92,000 acres and larger, geographically, than the City of Albuquerque! Today's largest employer in Rio Rancho, Intel Corporation (who manufactures microchips), came to New Mexico in 1980 with fewer than 25 employees. The following year, Rio Rancho was incorporated and its population had reached 10,000. Many other corporations followed Intel's lead - relocating facilities to Rio Rancho: Bank of America, Sprint PCS, JC Penney, Victoria's Secret, US Cotton, and most recently Hewlett Packard to name a few. Today's population is over 85,000. With a new "City Center" just built and opened in 2008, Rio Rancho is setting the tracks to handle growth.  

Population: Over 85,000 

Rio Rancho City Center 

Rio Rancho #83 (ranking) Top 100 Best Places to Live - CNN / Money Magazine 

It's our job to know EVERYTHING about Rio Rancho! Heck, we live here! Ask us any question. 

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Real Estate Tips
Accepting An Offer >Low Offers

In every real estate market, there are buyers who make offers that are far below the current market value of the property. How should you react if your agent brings you one of these "low ball" offers? Here are some scenarios for the seller.

If your home is priced very close to its fair market value, you can simply reject the offer and be reasonably confident that a better one will appear. However, if you have priced your home higher than other comparable homes in the neighborhood, the offer may not be unreasonable.

Ask your real estate agent for advice about the buyer's overall strategy. Do they really want your house or will they move on to another property if you make a counter offer? Can they afford to pay a higher price? Are there ways to close the gap with a small owner take-back, or with terms that will increase your bottom line? Take a hard look at your asking price and explore all your options before saying "no", especially if you are selling in a buyer's market.

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Real Estate Trivia
Q 
What is a "smart home"?

A 
A "smart home" is equipped with structured home wiring packages that control the home's systems via networked technologies.
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Sean & Christine Remington, REALTOR®, real estate agent and broker for Rio Rancho, Corrales and Albuquerque, New Mexico home listings, property and land for sale - NUMBER1EXPERT

Sean & Christine Remington
Prudential Sandia Real Estate

6739 Academy NE, Suite 200
Albuquerque, NM 87109
Sean: 505-307-4006
Christine: 505-977-2004
Fax: 888-291-7121
Sean's Email: Sean@SeanRemington.com
Christine's Email: ChristineRNM@gmail.com

Don't leave such important decisions in the hands of just any real estate agent. Trust one of New Mexico's Top Real Estate Teams who makes it look fun and easy; Sean & Christine Remington. Having gone the extra mile to pursue extended education in real estate coupled with a heavy volume of experience ensures that when choosing to work with Sean & Christine - you have made the right choice.


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