Price Active listings Under contract this month % chance of sale possible showings Currently month supply 200-299,999K 2 0 0 0 0 300-399,999K 14 3 21.4 2.6 4.7 400-499,999K 5 0 0 0 0 500-749,999K 11 5 45.5 5 2.2 750-999,999K 9 0 0 0 0 1million+ 12 0 0 0 0 TOTALS 53 8 […]
ALBUQUERQUE HOME SELLING
The total homes sold, attached and detached, for April were 1,668 up from 1,616 in March. Days on market decreased to 66 days in April from a high of 71 in January. A recent article in USA Today remarked “think Albuquerque” when considering a market that hasn’t had the impact from the real estate fall […]
TODAY’S FEATURED PROPERTIES
Declining market Requirements have Changed
There have been some recent postings that ‘DECLINING MARKET’ requirements by Fannie Mae would require borrowers to put down an additional 5% in certain areas based on ‘declining market’ figures. It was annouced a short time ago that this requirement will no longer be necessary. It was discussed in the industry that decided that this […]
Today’s Featured Properties
COMMUNITY INFORMATION TOOL
A great new tool for community information in and around the Albuquerque area. For more information on Albuquerque real estate and areas, please go to my website where you will learn all about Albuquerque Real Estate
Great places to retire and invest
With the real estate market now, you have lots to choose from for places to have a second home, or retire. While the Albuquerque market is my favorite there are other great places around the great US to settle down – just one idea came to me when I was having a discussion with one […]
ABQREALTORS.com – Official site of the Greater Albuquerque Association of REALTORS®
ABQREALTORS.com – Official site of the Greater Albuquerque Association of REALTORS® Click above for a complete review of Market Reports for the Albuquerque area.
USA TODAY ARTICLE – OPPORTUNITIES IN ALBUQUERQUE!
Albuquerque has again been mentioned in the national news media as a great place to be – the article mentions the great job opportunities, the ‘resort’ atmosphere, and not to mention the great weather, homes are priced well, great inventory and affordable compared to other warm area neighbors. Again if you have been considering Albuquerque […]
STATE OF THE HOUSING MARKET
A report just released from the New Mexico Mortgage Finance Authority reports the following: Purchase Housing Markets New Mexico Markets Are Localized Residential real estate sales activity appears to have slowed in most New Mexico markets, but it should not be characterized as stagnant or stalled. What is more, prices in many markets have increased […]