Albuquerque Real Estate
A mortgage that permits the lender to adjust its interest rate periodically on the basis of changes in a specified index. *This is excerpted from the glossary included on the National Association of REALTORS® (NAR) website. Real estate brokerage is truly dependent on the “lingo,” and this is only a partial list. Go to […]
Acceleration clause A provision in a mortgage that gives the lender the right to demand payment of the entire principal balance if a monthly payment is missed. Be knowledgeable about Home Ownership! It’s important! This is excerpted from the glossary included on the National Association of REALTORS® (NAR) website. For more information about real […]
2,315 March sales have been reported to the New Mexico Association of REALTORS (NMAR). “This number brings the 2021 year-to-date sales numbers to 5,714, nearly 400 sales more than year-to-date numbers reported in 2020,” according to Danny Wm. Vigil, NMAR President. “A lack of homes on the market contributes to both a mere 56 days-on-market […]
Home Prices gain in 2020 as low inventory fuels demand Albuquerque, NM (February 1, 2021) – Despite a pandemic, REALTORS® saw a record year in Single-Family Detached home sales in 2020, with the number of sales increasing 6.1 percent over 2019 numbers. The high demand and low inventory again saw improvements in the Median Sales Price […]
An update on my activity lately, I have been awarded the Resort and Second-Home Property Specialist (RSPS) certification. The RSPS certification is a nationally-recognized certification awarded by the National Association of REALTORS® to real estate professionals who wish to demonstrate and promote – to consumers and their peers alike – their expertise in the resort […]
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