Price Active listings Under contract this month % chance of sale possible showings Currently month supply 200-299,999K 2 0 0 0 0 300-399,999K 14 3 21.4 2.6 4.7 400-499,999K 5 0 0 0 0 500-749,999K 11 5 45.5 5 2.2 750-999,999K 9 0 0 0 0 1million+ 12 0 0 0 0 TOTALS 53 8 […]
ALBUQUERQUE HOME SELLING
The total homes sold, attached and detached, for April were 1,668 up from 1,616 in March. Days on market decreased to 66 days in April from a high of 71 in January. A recent article in USA Today remarked “think Albuquerque” when considering a market that hasn’t had the impact from the real estate fall […]
TODAY’S FEATURED PROPERTIES
Declining market Requirements have Changed
There have been some recent postings that ‘DECLINING MARKET’ requirements by Fannie Mae would require borrowers to put down an additional 5% in certain areas based on ‘declining market’ figures. It was annouced a short time ago that this requirement will no longer be necessary. It was discussed in the industry that decided that this […]