Albuquerque Real Estate
đĄ Linda DeVlieg, REALTORÂź at Keller Williams Realty, here with an exciting market update for you! đ Let’s dive into the latest trends in the High Desert area of Albuquerque, NM. đ” đ As of June 2023, we have a current supply of inventory that stands at 2.18 months. đ In the past 12 months, […]
The real estate market in Albuquerque is a unique blend of historic charm and modern allure. From the adobe-style homes in Old Town to the contemporary properties in bustling neighborhoods, the city caters to a wide spectrum of preferences and lifestyles. However, this rich variety can make the buying or selling process overwhelming. Pricing intricacies, […]
Whatâs Really Happening with Home Prices? Some Highlights If youâre thinking about selling your house, recent headlines about home prices falling month-over-month may have you second guessing your decisionâbut perspective matters. While home prices are down slightly month-over-month in some markets, home values are still up almost 10% nationally on a year-over-year basis. A nearly 10% gain is still dramatic compared to […]
âFebruary was a stable month for New Mexico real estate,â says Damon Maddox, NMAR President. âWe know inflation is having an impact on everything, including mortgage rates, and with the lack of inventory we werenât surprised to see February sales of 1,611 down compared to 1,867 a year ago.â Mortgage rates continued to rise in […]
Lawrence Yun is Chief Economist and oversees the Research group at the NATIONAL ASSOCIATION OF REALTORSÂź. He supervises and is responsible for a wide range of research activities for the association including NARâs Existing Home Sales statistics, Affordability Index, and Home Buyers and Sellers Profile Report. He regularly provides commentary on real estate market trends […]
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