You are browsing the archives for November 2008.

By Dr. Peter Linneman, PhD
Chief Economist, NAI Global

Everyone finds that, even after controlling for a variety of other variables, U.S. population growth is extremely persistent; absent other information, the best way to predict a county’s population growth is to look at how much it grew in the past decade. Reflecting on the past quarter century of U.S. population growth, five key factors emerge:

• the level of U.S. growth
• where people want to live
• where firms can efficiently produce
• where development is allowed
• “wild cards”

The first factor is the absolute level of U.S. population growth. Between 1980 and 2007, the population grew by about 75 million…

This southern New Mexico RV Park has 152 sites, and 22 Mobile Home sites.  All of the sites are individually metered.  It sits on approximately 14.4 Acres with an office building, indoor swimming pool, and club house.

•    152 Sites
•    22 Mobile Home Sites
•    147 Pull-Throughs
•    50 Amp Service at 47 sites, 30 Amp Service at remaining sites.
•    Located along Interstate 10, a major “Snowbird” route
•    Commercial Zoning
•    City Water, Sewer, and PNM Electric
•    Clubhouse, Office, Bath House, Hobby Room and much more

Sale Price: $2,275,000

NAI 1st Valley is pleased to welcome Gil Jones as a new Associate Broker!  Gil joined our office in October of 2008.  He has held his real estate license since 2003, however this is the first time his license has been listed with a real estate firm.

Gil Jones is a current Las Cruces City Councilman, and spent a large part of his career in the farming and agribusiness community.  He has lived in Las Cruces since 1972 with his wife Jamie and their three children.

Welcome to our office Gil, we’re so happy to have you working with us!

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Welcome to the new NAI 1st Valley blog!  Our goal is to keep our clients and the Las Cruces real estate community up to date on the latest information concerning commercial real estate, market reports, and local news about community growth.  With much of the country moving to “green” solutions to bringing the public information, we’ve decided that a weblog is a great way for our office to reduce our carbon footprint - effectively reducing the amount of print material we produce.

There are several sections to our blog, with our main feature being the largest article on the front page.  You’ll…

NAI Global’s chief economist, Dr. Peter Linneman, has ranked Las Cruces, NM number 7 for projected growth through the year 2020.  For more information on this ranking, and what it means for Las Cruces and our economy, please see our article on “Where Will Growth Occur?” here on the blog, or download the white paper here.

We’re excited that Las Cruces is on the national radar for increased economic growth!  This means great things for our city in a time when the economy is uncertain in so much of the nation.

Way to go Las Cruces!