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. […]
Albuquerque Ranked #3 on Top 10 Fittest Cities In America
According to the annual study by Men’s Fitness magazine Albuquerque has been ranked #3 on The Top 10 Fittest Cities in 2008. For the study, the magazine takes almost two dozen factors into accounts, such as a city’s sports participation rates, time spent working out, number of parks, average commute time, television viewing rates, and […]
What is the Albuquerque Real Estate Market Doing?
It’s doing nicely, thank you! Lots of questions lately about how the market is doing. It is following exactly the same pattern as it always does. Location is essential. Staging and preparation is essential, and pricing is TOPS. Resist the tempation to “chase” the market with your pricing. Don’t start out high to leave room […]
Albuquerque Real Estate Market Update
We have seen a decline of Single family home listing inventory – the number dropped from 6,131 in Oct of 2007 to 5,523 for Dec 2007.” The Average Sales Price for the same period has decreased from $246,522 to $240,602, so with those numbers, you can see that now is a perfect time to take […]
How To Prepare For A Power Outage
Most people take electrical power for granted, never thinking about whether it will be there when they need it. While a power outage can mostly be a temporary inconvenience, if prolonged it can pose some hazards. You can minimize the problems and safety hazards of an outage by following these suggestions to protect your family […]