Housing Market Updates

Latest from Linda

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

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…

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Infographic: existing home sales surge forward through fall

Market Updates / Nov 25, 2016

Existing Home Sales Surge Forward Through Fall [Infographic]

Some Highlights: The National Association of Realtors (NAR) recently released their latest Existing Home Sales Report. First-time homebuyers made up 33% of all sales in October. Homes are selling quickly with 43%…

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Businessman pulling back a gray curtain to reveal a house made of clouds over a green field

Market Updates / Sep 27, 2016

US Housing Market Moving Further Into ‘Buy Territory’

According to the latest Beracha, Hardin & Johnson Buy vs. Rent (BH&J) Index, the U.S. housing market has continued to move deeper into buy territory, supporting the belief that housing markets across…

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Market Updates / Sep 26, 2016

4 Reasons to Buy This Fall

It’s that time of year; the seasons are changing and with them come thoughts of the upcoming holidays, family get-togethers, and planning for a new year. Those who are on the fence…

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Infographic: foreclosure rates drop toward pre-crisis levels, with a US map by state

Market Updates / Sep 23, 2016

Foreclosure Rate Drops to Pre-Crisis Levels [Infographic]

Some Highlights: Only 2.9% of homes are in serious delinquency, down 17.1% from July 2015. This is the 57th consecutive month with a year-over-year decline. The national foreclosure rate has returned to…

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Market Updates / Sep 23, 2016

Foreclosure Rate Drops to Pre-Crisis Levels

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Market Updates / Sep 22, 2016

5 Stats That Prove the Real Estate Market Is Getting Stronger

Whenever there is talk about an improving housing market, some begin to show concern that we may be headed toward another housing bubble that will be followed by a crash similar to…

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Airplane flying over the ocean at sunset

Market Updates / Sep 20, 2016

76% of US Homeowners Now Have at Least 20% Equity in Their Homes!

CoreLogic’s latest Equity Report revealed that 91.1% of all mortgaged properties are now in a positive equity situation, while 75.9% now have significant equity (defined as more than 20%)! The report also…

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US map: 50% of houses sold in 36 days or less in July, with days on market by state

Market Updates / Sep 16, 2016

50% of Houses Sold in 36 Days or Less in July [Infographic]

Some Highlights: The National Association of REALTORS® surveyed their members for their Confidence Index The REALTORS® Confidence Index is a key indicator of housing market strength based on a monthly survey sent…

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Market Updates / Sep 16, 2016

50% of Houses Sold in 36 Days or Less in July

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Market Updates / Sep 16, 2016

50% of Houses Sold in 36 Days or Less in July

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Roller coaster loops against a sunny sky

Market Updates / Sep 14, 2016

Mortgage Standards Easing Too Much? No!!

There is no doubt that getting a mortgage is easier today than it was right after the housing crash a decade ago. However, the easing of credit availability has led to some…

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Market Updates / Sep 8, 2016

New Construction Numbers: Now Versus 2005

There is some thinking that the pace of the housing recovery is unsustainable and that we may be heading for another housing bubble. However, Jonathan Smoke, the Chief Economist of realtor.com explains…

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