What Is Your Albuquerque Home Value? I don’t know yet….and it’s not fair

…and I can’t tell you anything from a postcard.  I confess. Our industry has been swamped with ‘automated home values.’  From Zillow, to Trulia, to Market Snapshot….they are everywhere! I have to admit, I have spent a fortune this year on subscribing to these services.  You get a really nice postcard from me, and you […]

Supply and Demand statistics – Albuquerque real estate – Area Far Northeast Heights

PRICE RANGE ACTIVE LISTINGS UNDER CONTRACT THIS MONTH % CHANCE OF SALE POSSIBLE SHOWINGS CURRENT MONTH SUPPLY <100,000 0 0 0 0 0 100-149,999 1 2 200 24 .5 150-199,999 25 12 48 5.8 2.1 200-249,999 69 29 42 5 2.4 300-349,999 33 11 33.3 4.0 3.0 350-399,999 28 9 32.1 3.9 3.1 400-449,999 14 […]

For Sellers – how is this market going/

I’m often asked this – ‘how is the market going, and how do I price my home’? Here is what I have been finding in the trenches – there are many types of “buyers” scouring the area right now looking for homes. The first type of home buyer is the “one time offer” home buyer. […]

February Market Report for Albuquerque

This monthly snapshot of the Albuquerque Metropolitan Area Market Activity shows a 30.39% increase in closed sales from 408 in Jan 2008 to 532 in February 2008. The area has seen an decrease in new listings from 1,817 in Jan of 2008 to 1,615 in February of 2008, a 11.12% decrease. The February 2008 Average […]