For Buyers

Latest from Linda

Albuquerque market updates, advice for buyers and sellers, and life in New Mexico.

Holiday graphic with a snowman in a Santa hat, poinsettia and ornaments

For Buyers / Nov 1, 2017

A Little Giving This Year!

A little giving starts with all of us! Let's bring a little "give" into the world this season. From me to you. Albuquerque Real Estate.

Read the article

Woodcut-style illustration of a man in a top hat looking out at the sea

For Buyers / Oct 14, 2017

A Little Mind Zen for Today

Real estate is a very high edged, high anxiety, and stressful business...more so if you really really care about your clients' welfare. I do. So here's an article that I ran across…

Read the article

Three colorful house keys in gold, teal and purple

For Buyers / Sep 1, 2017

When Do I Get My Keys?

In New Mexico, the customary practice is to hand over keys to the buyer upon RECORDING and FUNDING. Closing occurs when both parties sign. The Buyer and Seller will close separately, with…

Read the article

Freddie Mac chart showing 30-year mortgage rates hitting a 2017 low

Market Updates / Aug 25, 2017

Albuquerque Mortgage Rates

Today’s Rates: · Conventional 30 year fixed rates currently priced at 3.875%. · Conventional 15 year fixed rates currently priced at 3.25%. · FHA & VA 30 year fixed rates currently priced…

Read the article

Stacks of coins topped with small model houses

For Buyers / Mar 28, 2017

Mortage Rates Today

Today’s Rates: Conventional 30 year fixed rates currently priced at 4.125%. Conventional 15 year fixed rates currently priced at 3.25%. FHA & VA 30 year fixed rates currently priced at 3.75%. FHA…

Read the article

Couple relaxing on a sofa with coffee at home

For Buyers / Dec 20, 2016

Whether You Rent or Buy in Albuquerque: Either Way You’re Paying a Mortgage

There are some renters who have not yet purchased a home because they are uncomfortable taking on the obligation of a mortgage. Everyone should realize that, unless you are living with your…

Read the article

Infographic: how much home a $1,000 monthly payment buys at 1985, 2000 and current interest rates

For Buyers / Dec 16, 2016

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…

Read the article

Bird's nest with blue eggs shaped like a house

For Buyers / Dec 13, 2016

Building Your Family’s Wealth Over the Next 5 Years

Over the next five years, home prices are expected to appreciate 3.24% per year on average and to grow by 21.4% cumulatively, according to Pulsenomics’ most recent Home Price Expectation Survey. So…

Read the article

Market Updates / Dec 12, 2016

Home Prices: Where Will They Be in 5 Years?

Today, many real estate conversations center on housing prices and where they may be headed. That is why we like the Home Price Expectation Survey. Every quarter, Pulsenomics surveys a nationwide panel…

Read the article

US map showing where Americans are moving in and out, 2016

For Buyers / Dec 9, 2016

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…

Read the article

Colorful percent sign ornaments, illustrating interest rates

Market Updates / Dec 8, 2016

Will Increasing Mortgage Rates Impact Home Prices?

There are some who are calling for a decrease in home prices should mortgage interest rates begin to rise rapidly. Intuitively, this makes sense as the cost of a home is determined…

Read the article

Darts hitting the bullseye of a dartboard

For Buyers / Dec 7, 2016

Selling in the Winter Attracts Serious Buyers

A recent study of more than 7 million home sales over the past four years revealed that the season in which a home is listed may be able to shed some light…

Read the article

Roll of cash in a mousetrap, illustrating the cost of renting

Market Updates / Dec 6, 2016

When Is a Good Time to Rent? Not Now!

People often ask if now is a good time to buy a home. No one ever asks when a good time to rent is. However, we want to make certain that everyone…

Read the article