Carlsbad, New Mexico
1905 W Pierce St
Carlsbad, NM 88220
(575) 885-3161

Booming Housing Market in Carlsbad August 14, 2018

Carlsbad, Eddy
Booming Housing Market in Carlsbad, Carlsbad, New Mexico

Booming Housing Market in Carlsbad

The recent resurgence in the Oil & Gas Industry over the past year has created a big housing crunch in Carlsbad and the surrounding areas.  Carlsbad is in the heart of the Permian Basin, rated as one of the largest reservoirs in the country and possibly the world.  What has been traditionally a small town of approximately 25,000 for many years, Carlsbad is now experiencing tremendous growth.  It is estimated the population has grown to 75,000 over the past few years and is likely to continue for the next 8-10 years.  Housing prices have soared as a result of this new growth.

Lakeview’s retirement communities, River Bend and The Villages, have greatly benefited from this growth.  Many retirees living in the community have sold their existing homes for top dollar within days of listing and been able to move into one of our retirement communities, where they no longer have the maintenance and burden of taking care of their home.  With the indoor heated pool at the Leo Sweet Community Center, the organic garden and close proximity to the Municipal Golf Course, the amenities that go along with our retirement community are many.  One of the many benefits of living in our retirement community is the Christian environment.  We are surrounded by like-minded people that love God and want to serve him.  There is plenty of opportunity to volunteer and help others in need.   I hear on a regular basis how much the new residents are enjoying their new home and the neighborhood.  What a blesssing they bring to Lakeview Christian Home.

If you have considered one of our retirement communities in the past, now would be a good time to think seriously about taking advantage of this economic boom.  The Patio Homes in River Bend are priced starting at $170,000, with 2 and 3-BR homes in the mid $200’s.  Financing is now available with as little as 25% down.  The Villages, both on Plum Lane and W Pierce Street are priced at $99,000.  These homes are being upgraded with new paint, carpet and vinyl laminate floor and updated lighting packages.  They literally look brand new.  If any of these communities are of interest, feel free to contact  Jeannie Watson, Sales & Marketing Director at Lakeview, at any time by calling her mobile number (702) 521-6261.  She is always happy to answer any questions and give you a tour.

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