Have been wondering “how do I landscape and maintain this thing called “Xeriscape”? New Mexico landscapes are unique! Low water and low maintenance, and high in beauty and sustainability. Here is a publication that will help you! If you need more information, recommendations to landscapers, and my favorite places to shop for native plants, […]
Albuquerque Real Estate Market Update
Interest Rates, June 15, 2022
Today’s announcement by the Federal Reserve set a big increase in interest rates and means several more rounds of rate hikes are on the way in upcoming months. So far, the short-term fed funds rate that the Fed directly controls has risen by 175 basis points. But the 30-year fixed rate mortgage has risen even […]
Greater Albuquerque Area Set Record Highs in Home Sales and Prices for 2021
Albuquerque, NM (January 28, 2022) Total sales of single-family detached homes in the Greater Albuquerque market rose 8.5% percent from the previous year to top 15,000 sales for the first time. Home sales prices also saw record highs with the Median Sales Price of $290,000 rising 26.5% percent from the previous year and an Average Sales […]
3rd Quarter 2021 Market Statistics for Albuquerque Real Estate
There were 3.737 Closed Sales in the 3rd quarter 2021 for detached homes representing a 6.03 percent decrease when compared to 3rd quarter 2020. The Median Sale Price for detached homes increased to $298,000, a 16.86% percent increase from 2020 The Average Sale Price also rose 17.17 percent to $344,775. For more information about the […]