Tips To Reach Your Homebuying Goals in 2023 Some Highlights If you’re planning to buy a home in 2023, here are a few things to focus on. Work on your credit and save for a down payment. If saving feels like a challenge, there’s help available. Then, get pre-approved, create a list of desired features, and prioritize them. Let’s connect so you […]
The Impact Your Interest Rate Has on Your Buying Power in Albuquerque
Some Highlights: Your monthly housing cost is directly tied to the price of the home you purchase and the interest rate you secure for your mortgage. Over the last 30 years, interest rates have fluctuated greatly with rates in the double digits in the 1980s, all the way down to the near 4% we are […]
Americans Are on The Move
Some Highlights: For the 4th year in a row, the Northeast saw a concentration of High Outbound activity. Oregon held on to the top stop of High Inbound states for the 3rd year in a row. Much of this Outbound activity can be attributed to Boomers relocating to warmer climates after retiring. Well you […]
New Home Sales Race to Keep Up with Demand
Some Highlights: Many buyers who are searching for their dream homes are turning to new home construction after 10% of all new home buyers sighted a lack of inventory of existing homes as their reason for purchase. The median home price decreased slightly from September’s high of $314,100 to $304,500 in October. The West saw […]
Existing Home Sales Surge Forward Through Fall [INFOGRAPHIC]
Some Highlights: The National Association of Realtors (NAR) recently released their latest Existing Home Sales Report. First-time homebuyers made up 33% of all sales in October. Homes are selling quickly with 43% of homes on the market for less than a month. A limited supply continues to drive up prices for the 56th consecutive month. […]