From the point of view of a place for Real Estate investment, I have personally created the following .pdf Adobe Document, which represents an analysis of the Residential Real Estate Market from 1999 through the end of 2005. This is pure facts and figures, plus my analysis of the data. I know that this will be helpful in determining whether Las Cruces is a market you should invest in.
For the very latest market update, go to the "current market analysis" category on our BLOG: LCRealEstateBlog.com
In addition to this data there are two organizations and their websites that deserve special attention because they are "first line" resources.
First is the Greater Las Cruces Chamber of Commerce. The Chamber is the principal advocate for businesses in Las Cruces and Dona Ana County. Consisting of 720 members, the chamber mirrors the business community it represents, and works to strengthen the political, social, and economic environment for doing business in Las Cruces. At the chamber website: http://www.lascruces.org You can find a Las Cruces Business Directory, as well as resources for business development and community information and opportunities in the city and county.
Second and really most important to your research is the Mesilla Valley Economic Development Alliance (MVEDA). MVEDA is a public/private sector economic development partnership that serves the Las Cruces MSA, including Doña Ana County. MVEDA is great initial point of contact for industrial and manufacturing businesses considering this area, as well as any businesses (either large or small), that are considering relocating to and expanding in the area. MVEDA also provides assistance to existing business to that need help with operations and financing. You will find it is a major data center; providing the facts and assistance needed to determine the appropriateness of this area for your investments.
The MVEDA Website: http://www.mveda.com provides virtually everything you need to know about investing in, and business development in Las Cruces. You will find information about area resources, a data center with every piece of demographic and economic data that you could possibly want or need to know about this area.
Other area Resources and their Internet Sites that should provide a good basis for your research are:
I list the following "RECOGNITIONS" of Las Cruces only because they represent outside validation of the reason that over the last 5 years we have seen outstanding population growth, an influx of businesses, and an active Real Estate Market that is showing no signs of slowing down ( right up to and including this present month) as many other metropolitan areas are experiencing.
We are recommended by the following books:
- America's 100 Best Places to Retire by Elizabeth Armstrong
- America's Best and Most Affordable Places to retire by John Howells
- 50 Fabulous Places to Retire in America by Arthur & Mary Griffith
The following Publications all recommend living, working and doing business in Las Cruces:
Two very impressive recommendations of Las Cruces have been awarded in the first 6-months of 2006.
- The # 2 Best College Towns to Retire - CNN -Money Magazine November 2005" For the second time in four years, Las Cruces made one of Money's lists of best places to retire; this time as a college town. The article cited several factors, including Las Cruces' great weather, amazing views, cultural scene and low cost of living.
- One of the Best Places to Retire by Money Magazine, June 2002 The article cited several factors, including Las Cruces' great weather, amazing views, cultural scene, low cost of living and the country's best Mexican food and, according to the article, possibly the hottest chile in the U.S.A. The article indicated Las Cruces' warm climate and mild winters were perfect for year-round activities such as tennis, hiking, golf and visiting attractions like the dunes of nearby White Sands National Monument.
- Best Small Metro Area for Business and Careers Forbes/Milken Institute, 2002, 2003 & 2004 The rankings were based on "job growth, earned income, and "a measure of activity in critical technologies that foster future growth
- Ranked among the Top Five Places to Retire in the nation by Your Money Magazine
- Inc. Magazine rated Top 25 Cities for Doing Business in America March 2004
- Named one of Top 100 Places to live by Relocate-America.com
- Named one of the "Best Sports Towns by Sports Illustrated May 2004
- Ranked in the Top 10 College Towns to Settle In by Modern Maturity Magazine (AARP publication).
- Best Place to Live by Family Digest, Fall 2002
- Top 10 Cities for Hispanics to Live by Hispanic Magazine, 2002 and 2003
- Top 50 Motor Coach Destinations in the United States by the National Bus Association, 2004 and 2005
- Top Destination by Facilities & Destinations Magazine, 2001, 2002 and 2004
- One of America's Top 100 Retirement Towns by Where to Retire Magazine, Fall 2001, and again in December 2005, and January 2006.
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