2,315 March sales have been reported to the New Mexico Association of REALTORS (NMAR). “This number brings the 2021 year-to-date sales numbers to 5,714, nearly 400 sales more than year-to-date numbers reported in 2020,” according to Danny Wm. Vigil, NMAR President. “A lack of homes on the market contributes to both a mere 56 days-on-market […]
Greater Albuquerque Association of REALTORS – Market Statistics for 2020
Home Prices gain in 2020 as low inventory fuels demand Albuquerque, NM (February 1, 2021) – Despite a pandemic, REALTORS® saw a record year in Single-Family Detached home sales in 2020, with the number of sales increasing 6.1 percent over 2019 numbers. The high demand and low inventory again saw improvements in the Median Sales Price […]
Happy New Year!
Mortgage and rental assistance update for New Mexico residents
During a special legislative session on November 25, $330 million in CARES Act Coronavirus Relief Fund funding was allocated to address the impact of the COVID-19 crisis in New Mexico. Included in the funding was $15 million for housing cost assistance, which will be administered by MFA. This amount is in addition to the $12.3 […]
Why are people coming to New Mexico?
I had the opportunity to be interviewed for a story about people coming to New Mexico. It’s a good thing! I believe in this state and I believe that we can be on the right track to attract people here for industry, jobs, quality of life, and opportunities for everyone! Sally was interviewed for the […]
Resort and Second Home Property Specialist
An update on my activity lately, I have been awarded the Resort and Second-Home Property Specialist (RSPS) certification. The RSPS certification is a nationally-recognized certification awarded by the National Association of REALTORS® to real estate professionals who wish to demonstrate and promote – to consumers and their peers alike – their expertise in the resort […]
The Time to Buy? Is this the right time?
Albuquerque Luxury Homes Market Update
The Albuquerque Luxury home market is seeing unprecedented increases in sales. In the past 3 months Pending sales stats are: At the $500,000 and above price range we are are seeing an increase of +65.8% vs 2019. In the $900,000 and above price range, there is an increase +181.3% vs 2019. August Pending sales are […]
Property Spotlight: 4608 Almeria Drive NW Albuquerque NM 87120
4608 Almeria NW Albuquerque, New Mexico 87120 Amazing property with forever views! Two master suites and spacious kitchen with bar counter, granite, a ton of cabinet space, hard surface floors in kitchen and master, and main living area. This property features 3 spacious guest rooms (one en suite) 3 baths, a kitchen with nook […]
Albuquerque Market Report Summer 2020
Yes, it is summertime and the homes are available! The perfect home doesn’t last long. Albuquerque sellers, now more than ever, are going the extra mile to prepare their homes for sale. What does this mean for you? You have to act fast! There are multiple buyers looking at the homes that are for sale. […]