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Established in 1929

Health City Sun

The

www.healthcitysun.com

New Mexico’s Legal & Financial Weekly

June 21, 2013

FORECLOSURE SALES: 4

PROBATE: 22

NOTICE OF SUITS: 9

OTHER: 31

Homeownership Is Growing Among Hispanics T

he demographic portrait of the U.S.—particularly its urban centers— is changing.

That’s the word from the experts at the Brookings Institution who report that in the period 2000 to 2010, nonwhites and Hispanics accounted for 98 percent of population growth in large metro areas of the U.S. According to William Frey, author of the Brookings report, “The New Metro Minority Map: Regional Shifts in Hispanics, Asians, and Blacks from Census 2010,” growing Hispanic populations are driving demographic shifts in major American cities. He observed that during that decade, 29 of the 100 largest metro areas more than doubled their Hispanic populations. Hispanics are also the fastest-growing group of first-time homebuyers, according to the “2012 State of Hispanic Homeownership Report” published by the National Association of Hispanic Real Estate Professionals.

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The Health City Sun 2012

community become homeowners, while pursuing a career with unlimited earning potential. At the same time, to better serve its clients, the company has created a Facebook page designed to connect with the Hispanic community. The page has the theme “It’s Our Time.” Part Of A Market Trend? The uptick reported in Hispanic first-time homeownership is consistent with what may be a general market trend.

Responding To Opportunity This growth in the Hispanic market is reflected in the way some—but not all—real estate companies are responding to the opportunity. For example, one company in particular, Century 21 Real Estate LLC, is actively recruiting Hispanic entrepreneurs who want to help other members of their

According to Rick Davidson, president and CEO, Century 21 Real Estate LLC, “The market is still presenting opportunities for first-time buyers.” He also observed that according to the National Association of Realtors’ April “Existing-Home Sales” report, pricing for sellers has trended upward for 14 consecutive months. - (NAPSI)

Business Owners Finding Free Time In The “Cloud” I

nnovative technology is helping a growing number of small-business owners finally enjoy some vacation time.

That’s the word from experts who say affordable cloud-based systems are giving business owners and office managers a way to stay in control of their company’s operations wherever they are. By moving their financial records to an online solution, business owners are able to manage their money, bill their customers, pay their bills and even oversee their employees’ or bookkeeper’s activities from anywhere, even the beach. Plus, online information can be more secure given that it is protected by bank-level security measures rather than scattered about multiple offices, desks and briefcases. All that’s needed is a smartphone or any connection to the Internet. To help business owners streamline their operation, René Lacerte, CEO and founder of Bill.com, a leading bill payment, invoicing and cash management online solution, offers the following tips: • Abandon the manual method for payables and receivables and switch to a new cloud-based, automated cash flow management system such as Bill.com. • Sync your company’s cash flow data with your existing accounting software and link it to your bank. This will let you streamline operations

so you only need to go to one screen to get all your work done from wherever you might be. • Facilitate customer payments by sending automated reminders to customers. This lets you keep your cash flow going without wasting time manually sending e-mails or calling. • Scan all your needed documents to your online solution. That way, you can vacation without bringing any paperwork—and all the data you need will be at your fingertips. • Increase your fraud protection when you are out of the office. Don’t worry about checks being lost, stolen or altered when your mail starts stacking up. By using ePayments to both send and receive funds, you never have to worry. • Encourage customers and vendors to go paperless by sending bills and payments electronically through your system. That way, everyone can work more efficiently and effectively. You are apt to get fewer calls or emails if everyone has easy access to information. • Control access to your company’s cash flow data by setting up a cloudbased system that allows only certain employees to view specific data and perform preapproved tasks. This eliminates mistakes and the ability to alter your data. Plus, by moving the functions online now, business owners can enjoy more time away from their desk in any season. For more information, visit www.bill.com or call 1-877-345-2455. ItsATrip.org


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