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Breaking News

Latest notice of value mailing dates for all 33 counties in NM

Todd Clarke @ April 24, 2017 # Comments Off on Latest notice of value mailing dates for all 33 counties in NM

Please note that the deadline to file a protest is 30 days after the date on the notice of value.

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Property Taxes – notice of values update for 2015

Todd Clarke @ February 11, 2015 # Comments Off on Property Taxes – notice of values update for 2015

Cantera Consulants & Advisors has just updated its notice of value dates from each of the county assessors. Please remember that you only have 30 days from the date of the notice of value to protest your property taxes. A PDF version of this table can be found here.

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State of the apartment market – 2014

Todd Clarke @ August 20, 2014 # Comments Off on State of the apartment market – 2014

Thanks to the and the for hosting this mornings Apartment market outlook. AANM-ULI-IREM-DAT-ApartmentMarketOutlook-08202014-v4

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NMREC mandatory course findings and update

Todd Clarke @ July 31, 2014 # Comments Off on NMREC mandatory course findings and update

Cantera Consultants and Advisors has just finished its analysis of the NM Real Estate Commissions mandatory course and E&O programs. The findings and recommendations can be found here – 2-CCA2NMREC-UpdateandFindings-v9- 07202014

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Albuquerque Hot for Rentals

Todd Clarke @ October 19, 2013 # Comments Off on Albuquerque Hot for Rentals

In in Albuquerque Journal article dated October 8th, 2013, Albuquerque was rated the 3rd best market in the country for rent growth.

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ULI NM – 2013 Commercial Real Estate Value Survey

Todd Clarke @ August 28, 2013 # Comments Off on ULI NM – 2013 Commercial Real Estate Value Survey

The NM Chapter of the Urban Land Institute released its 2013 Commercial Real Estate and Value survey last week at the joint Apartment Association of NM and Urban Land Institute Market forum luncheon. Previous value and cap rate surveys performed by Cantera Consultants & Advisors Inc. can be found here for 2011 and here for […]

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ABQ Biz 1st – Boomers, Millennials power apartment biz

Todd Clarke @ August 26, 2013 # Comments Off on ABQ Biz 1st – Boomers, Millennials power apartment biz

At the annual Apartment Association market update last week, Todd Clarke discussed the latest generational drivers of apartment demand. View the complete article by clicking here.

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Property Tax Update

Todd Clarke @ March 5, 2013 # Comments Off on Property Tax Update

Spring is almost here, and that means its time to start looking in the mail for our notice of value property tax forms. First on a macro level – the legislature is 12 days away from completing its 60 day session, and they are working on a couple of bills that could impact property owners. […]

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New Notices of value in 2014

Todd Clarke @ February 25, 2013 # Comments Off on New Notices of value in 2014

Thanks to Gus in the Santa Fe County Assessor’s office for sharing the format of the new notices of value that should be standard in most counties in NM starting in 2014. The major change is that these new notices of value now show your prior year valuation next to the current year, which allows […]

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Notice of value dates for NM County Assessor’s

Todd Clarke @ February 12, 2013 # Comments Off on Notice of value dates for NM County Assessor’s

Our most recent survey of county assesor’s shows that most intend to send out notices of value on or before April 1st, 2013.   If you would like to compare these results with previous year – click here for our PDF version NM-CountyAssesorsNOVDates-2013-01242013 .  

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Legaslative update – NM Property taxes

Todd Clarke @ January 24, 2013 # Comments Off on Legaslative update – NM Property taxes

NM-Proposed-SB0117-01232013 Proposed Senate Bill 117 has been introduced (see attached) as a possible solution for property tax lightning. The following represent my thoughts about this bill: Currently this part of the state statues reads as follows: PROPERTY TRANSFERS–COPIES OF DOCUMENTS TO BE FURNISHED TO ASSESSOR–PENALTY FOR VIOLATION Whenever a deed or real estate contract transferring […]

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This is the kind of person I want looking after my states finances…

Todd Clarke @ January 22, 2013 # Comments Off on This is the kind of person I want looking after my states finances…

Yesterday’s Wall Street Journal reported that Susan Combs, Treasurer for the State of Texas is pushing for new legislation that would require local governments to add up their total debt obligations and disclose it to their constituents, the tax payer. GREAT IDEA SUSAN! Her office has also signed the light on Texas with a “Texas […]

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Recent update on apartment property tax lightning

Todd Clarke @ January 20, 2013 # Comments Off on Recent update on apartment property tax lightning

Both the Albuquerque Journal and Channel 13 tv news have run recent overviews on the latest on apartment property tax lightning.

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RANM course – 9/14/2012

Todd Clarke @ September 13, 2012 # Comments Off on RANM course – 9/14/2012

This file is for the IRR course at the RANM conference 9/14/2012. This is the file – filled out for a sample deal – IRR-Model-v12-FilledOutSampleDeal And this is the file as a blank work sheet DTC-IRR-Model-v12-blank Full agenda can be found here.

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MFA Keynote presentation

Todd Clarke @ August 22, 2012 # Comments Off on MFA Keynote presentation

NMMFA-HousingSummit-ResidentialUpdate-08222012-v2NMMFA’s keynote presentation for August 22nd, 2012 (4.5 meg PDF) “Matching Global Trends with Local Values”.

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Rent vs. Own

Todd Clarke @ December 29, 2011 # Comments Off on Rent vs. Own

Note how NM’s housing prices are still considerably higher than its rent levels? Unless we bring more apartment communities into the supply pipeline, that will be changing in 2012-14,

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Moment of NM Zen

Todd Clarke @ December 5, 2011 # Comments Off on Moment of NM Zen

I wanted to share this stunning video with you – this is one of the many reasons New Mexican’s love New Mexico!

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Valuation survey for NM Commercial Real estate released.

Todd Clarke @ October 16, 2011 # Comments Off on Valuation survey for NM Commercial Real estate released.

Cantera Consultants & Advisors has just released its 2011 value survey for NM Commercial Real Estate. The survey reflects the collective wisdom of industry professionals in NM. Although Cantera uses the survey primarily for the benefit of it’s during property tax protest hearings, the survey has become staple in the commercial real estate market and […]

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Tapping into people’s memories as part of your social networking strategy

Todd Clarke @ August 15, 2011 # Comments Off on Tapping into people’s memories as part of your social networking strategy

OR, using Groups effectively on Facebook. As someone who has covered, spoken and taught courses on social networking, I can tell you this the fastest evolving part of the internet today. Facebook membership is rumored to be over 750 million people, or 20% of all of the business people on the internet today. During the […]

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Apartments become more expensive

Todd Clarke @ June 5, 2011 # Comments Off on Apartments become more expensive

Thanks to Melissa Montoya for covering the latest in apartment trends on KOAT TV 7.

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Apartment Property Tax Lightning

Todd Clarke @ May 27, 2011 # Comments Off on Apartment Property Tax Lightning

Thanks to Channel 7, KOAT TV, for running this story on apartment property tax lightning.

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Property tax presentation for NM IREM Chapter

Todd Clarke @ May 6, 2011 # Comments Off on Property tax presentation for NM IREM Chapter

can be found here: IREM-PropertyTaxUpdate-05052011-v2 thanks again to the IREM chapter for allowing me to provide them an update and overview of NM’s property tax system.

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Bernalillo County property tax udpate for multifamily properties:

Todd Clarke @ April 27, 2011 # Comments Off on Bernalillo County property tax udpate for multifamily properties:

Earlier today, the Bernalillo County assessor announced that her office has sought and obtained approval to delay sending out notices of value for apartment buildings until June 15th, 2011. This means the deadline to file a protest will be 30 days after that, or July 14th, 2011. Single family and commercial property notice of values […]

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It is property tax season

Todd Clarke @ April 23, 2011 # Comments Off on It is property tax season

Notices of value are in the mail, or will soon be in the mail. If you need assitance this year with your property taxes – we offer a number of services for you, your firm and your client including: We have an “app” for that If you are trying to determining if your value is […]

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Notice of value dates for property tax bills

Todd Clarke @ April 11, 2011 # Comments Off on Notice of value dates for property tax bills

The above table shows the notice of value mail dates for every property in New Mexico – note that you have only 30 days from that date to file your property tax protest.

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A new form of advertising – your house

Todd Clarke @ April 10, 2011 # Comments Off on A new form of advertising – your house

Thanks to Gizmodo.com for sharing from Adzookie.com which is a UK based company that is offering to pay homeowners mortgages if they let them paint their house with advertisements. Although the Gizmodo posting indicates the advertisement is only in UK, when I went to their website it looks like they are up and running in […]

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my first iPhone app help client’s calculate their property taxes

Todd Clarke @ February 21, 2011 # Comments Off on my first iPhone app help client’s calculate their property taxes

Very excited – as of 5 minutes ago, our iPhone app to help client’s calculate their property taxes for commercial properties in Bernalillo County went “live” in the iTunes store! It is only 99 cents, and if you provide us feedback to improve version 2 and leave feedback, I’ll gladly send you a buck! If […]

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Homeless survey in Albuquerque – Day 1

Todd Clarke @ January 31, 2011 # Comments Off on Homeless survey in Albuquerque – Day 1

This morning starting at 4am, hundreds of volunteers, including Mayor Barry and his wife, scoured the city looking to survey the homeless and put a face with the statistics of being without a home. As part of the 100khomes project, Albuquerque has created ABQheadinghome or Twitter KRQE ran a full story this morning which can […]

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CCIM Success Profiles – one of my mentors, John Henderson III CCIM

Todd Clarke @ January 23, 2011 # Comments Off on CCIM Success Profiles – one of my mentors, John Henderson III CCIM

As you may know, the NM CCIM chapter #10 is collecting a series of stories about some of their most successful members – a task called “profiles in success”. Many of us have had people in our lives who we are grateful for – persons who show up at the right time and point us […]

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Interested in becoming a CCIM?

Todd Clarke @ January 17, 2011 # Comments Off on Interested in becoming a CCIM?

NM is offering the CCIM Intro Course for a 43% discount if you register by 1/31/2011. CARNM’s most recent award winning Realtor, Lia Armstrong CCIM, was kind enough to share what the CCIM program has meant for her- watch the YouTube Video. Save your seat for the February 7-8, 2011 course by registering here.

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Filing a claim of refund for 2010 property taxes

Todd Clarke @ December 28, 2010 # Comments Off on Filing a claim of refund for 2010 property taxes

After many months of strategizing, negotiating, researching, and putting together our cases for our client’s, Cantera Consultants & Advisors Inc. recently settled all of its cases on the controversial apartment property tax lightning cases for 2010 (click here to read the summary). In a recent (and copyrighted) Albuquerque Journal article, The Bernalillo County Assessor has […]

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Property Tax protests update for 2010

Todd Clarke @ December 28, 2010 # Comments Off on Property Tax protests update for 2010

2010 Bernalillo County Multi-family Property tax rollback – the rest of the story. The following is a summary of an email sent to clients after our December 15th, 2010 hearing: As I was working through a review and update of the apartment property tax lightning cases of 2010, I was reminded of the ancient Chinese […]

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770 KKOB Radio update – 11/29/2010 – Forecasting real estate in 2011

Todd Clarke @ November 29, 2010 # Comments Off on 770 KKOB Radio update – 11/29/2010 – Forecasting real estate in 2011

Bob: what do you have for us today Todd Todd: Good morning Bob! It’s hard to believe the holidays are already upon us and before you know it the end of the year will be here. As that time approaches, many of our customers wonder what 2011 will hold for the real estate industry and […]

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Candid advertising

Todd Clarke @ November 9, 2010 # Comments Off on Candid advertising

In case you can’t read it – it says “your art might suck, but your studio doesn’t have to”. Advertising live/work/walk studios adjacent to the main square in Taos, the Central Station Taos wins our award this month for being brutally frank.

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NM Commercial Real Estate Value Survey

Todd Clarke @ September 13, 2010 # Comments Off on NM Commercial Real Estate Value Survey

Cantera Consultants & Advisors has just released the results from our latest valuation survey.  This survey was performed over the summer of 2010 with real estate owners, investors, lenders, brokers and appraisers. The attached document demonstrates the changes in CAP rates and values from 2005 to 2010. Click here for the survey results and a […]

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NM Notices of property tax value are being mailed out

Todd Clarke @ March 29, 2010 # Comments Off on NM Notices of property tax value are being mailed out

Bernalillo County is mailng out notices of value on April 1st, 2010 and the deadline to file a protest of value will be 30 days after that. The remaining 32 counties have indicated that this is there mailing schedule: Our firm offers three options to assist you in property tax protests: 1. buy our 250+ […]

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The potential impact of upcoming legislative and legal changes on NM’s Property Tax System

Todd Clarke @ December 10, 2009 # Comments Off on The potential impact of upcoming legislative and legal changes on NM’s Property Tax System

I think of our property tax system as a bit of a prisoner’s dilemma (that is the game theory where two suspects are picked up by the police – if they both refuse to cooperate they walk, if either turns on the other suspect, then other suspect goes to jail, and if they both turn […]

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