Albuquerque has again been mentioned in the national news media as a great place to be – the article mentions the great job opportunities, the ‘resort’ atmosphere, and not to mention the great weather, homes are priced well, great inventory and affordable compared to other warm area neighbors. Again if you have been considering Albuquerque […]
STATE OF THE HOUSING MARKET
A report just released from the New Mexico Mortgage Finance Authority reports the following: Purchase Housing Markets New Mexico Markets Are Localized Residential real estate sales activity appears to have slowed in most New Mexico markets, but it should not be characterized as stagnant or stalled. What is more, prices in many markets have increased […]
For Sellers – how is this market going/
I’m often asked this – ‘how is the market going, and how do I price my home’? Here is what I have been finding in the trenches – there are many types of “buyers” scouring the area right now looking for homes. The first type of home buyer is the “one time offer” home buyer. […]
February Market Report for Albuquerque
This monthly snapshot of the Albuquerque Metropolitan Area Market Activity shows a 30.39% increase in closed sales from 408 in Jan 2008 to 532 in February 2008. The area has seen an decrease in new listings from 1,817 in Jan of 2008 to 1,615 in February of 2008, a 11.12% decrease. The February 2008 Average […]
Your Home’s Identity Theft
I just heard a story on CNN that has relevance in today’s high tech age. While we are all aware of scams involving our personal information, accessing our bank accounts, credit cards and ruining our credit rating, it is also possible for someone to tamper with your home’s records in title. Fraudulent liens can be […]
Preparing For Your Final Walk Through
The final walk through can be a crucial step in the home-buying process. Before the final closing on your home you will have the opportunity to inspect the property again, also known as a final walk through. This final step is to ensure that the property is in the condition you agreed to buy and […]
Albuquerque Listed On Top 25 Market Forecast For 2008
Albuquerque has been listed on the top 25 appreciating markets for 2008 according to Housing Predictor. The other 24 markets are scattered throughout all parts of the U.S. from the west to the east and into the southern states. Housing Predictor notes that more than 20 factors are considered when issuing each forecast, including economics, […]
Real Estate Attorneys
When buying or selling a home you may find yourself experiencing real estate issues that can range from simple to very complex, plus a whole new vocabulary of unfamiliar terms to deal with. With such a large investment at stake, many people choose to hire a real estate attorney to assist them with their real […]
What Is An Earnest Money Deposit?
During the home buying process you may be asked to provide an earnest money deposit. But what is an earnest money deposit exactly? After an offer has been made on the house and when buyers execute a purchase contract, the contract specifies how much money the buyer is initially putting up to secure the contract. […]
Which Storage Option Is Best For You?
During the moving process you may find yourself needing a storage facility to store your belongings. You may need help storing items between leaving your old home and before you can move into your new one. If you are selling your home, you may need to store some items to help reduce clutter during the […]