The world of real estate is as fascinating as it is complex, brimming with opportunities for both seasoned investors and first-time buyers. However, the abundance of information surrounding this field often leads to more questions than answers. As someone deeply passionate about real estate, I find joy in demystifying this domain for those who share […]
What is really happening with home prices?
What’s Really Happening with Home Prices? Some Highlights If you’re thinking about selling your house, recent headlines about home prices falling month-over-month may have you second guessing your decision—but perspective matters. While home prices are down slightly month-over-month in some markets, home values are still up almost 10% nationally on a year-over-year basis. A nearly 10% gain is still dramatic compared to […]
Mortgage rates 8/2018
Mortgage rates have mostly drifted sideways this summer. Today’s rates are right in line with where they were in late April. This stability is much needed for home sales. The biggest concerns for us right now has got to be tight affordable inventory pressure and any further spikes in mortgage rates. Today’s Rates: […]
Are people leaving Albuquerque, or staying?
A recent article that I found quoted a study by Realtor.com, showed that in some cities the residents stay longer than in other areas. I’m often asked “how often do people move out of their homes in Albuquerque?” Well, that depends. If you mean changing homes, Albuquerque residents seem to like to move around a […]
Today’s Mortgage Rates – just in
Today’s Rates – July 6, 2018 Conventional 30 year fixed rates currently priced at 4.625%. Conventional 15 year fixed rates currently priced at 4.25%. FHA & VA 30 year fixed rates currently priced at 4.50%. Jumbo 30 year fixed rates currently priced at 4.625%. MFA First Home Conv rates currently priced at 4.875%. MFA […]