Albuquerque Real Estate
You have probably heard what a “crazy” market it is out there to buy a home. While it is an imposing project, it’s not impossible and I will try to show you the best steps to take in order to purchase a home in today’s market. STEP ONE – PREQUALIFICATION 1. The first step is […]
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 […]
“Year to date Real Estate sales increased by 17% from last month. The national trends are showing the market is starting to slow down but New Mexico isn’t seeing this trend,” says Danny Wm. Vigil, NMAR President. Median home sale price decreased from $285,000 last month to $284,000 this month. We did see an increase […]
Lawrence Yun is Chief Economist and oversees the Research group at the NATIONAL ASSOCIATION OF REALTORS®. He supervises and is responsible for a wide range of research activities for the association including NAR’s Existing Home Sales statistics, Affordability Index, and Home Buyers and Sellers Profile Report. He regularly provides commentary on real estate market trends […]
Yes, it is summertime and the homes are available! The perfect home doesn’t last long. Albuquerque sellers, now more than ever, are going the extra mile to prepare their homes for sale. What does this mean for you? You have to act fast! There are multiple buyers looking at the homes that are for sale. […]
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