albuquerque homes

Supply vs. Demand Data – North Albuquerque Acres – May 2008

PRICE Active listings Under contract this month %chance of sale Possible Showings Current Month supply 200-249,999K 4 3 75 9 1.3 250-299,999K 22 11 50 6 2.0 300-349,999 20 11 55 6.6 1.8 400-449,999 17 4 23.5 2.8 4.3 450-499,999 9 4 44.4 5.3 2.3 500-549,999 11 2 18.2 2.2 5.5 550-749,999K 53 8 15.1 […]

Sandia Heights – Supply/Demand statistics for May 2008

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 […]