Housing Market Updates

Market Statistics for Albuquerque Real Estate September 2019

With the kids back in school and the weather cooling, the housing market begins its annual cooldown as well. Nationally, buyer and seller activity remained strong, buoyed by low mortgage rates and a strong economy. The market fundamentals suggest no significant changes from recent trends, other than the seasonally tempered pace we see this time […]

Homes for sale in Albuquerque 2019

Wow, so we have the lowest inventory of single family, detached, resale homes that we have had in a while! What does that mean to you? If you are a SELLER, this means that you stand a good chance of getting your home SOLD fairy quickly. Don’t let the statistics fool you, however. It means […]

February 2019 Market Report, Albuquerque Real Estate

Greater Albuquerque Association of REALTORS – February Market Report

Are people leaving Albuquerque, or staying?

A recent article that I found quoted a study by Realtor.com, showed that in some cities the residents stay longer than in other areas. I’m often asked “how often do people move out of their homes in Albuquerque?” Well, that depends. If you mean changing homes, Albuquerque residents seem to like to move around a […]

Albuquerque Mortgage rates

Today’s Rates: · Conventional 30 year fixed rates currently priced at 3.875%. · Conventional 15 year fixed rates currently priced at 3.25%. · FHA & VA 30 year fixed rates currently priced at 3.75%. · FHA and VA 15 year fixed rates currently priced at 3.625%. · Jumbo 30 year fixed rates currently priced at […]