Blog - Part 56

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 […]

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 […]