Albuquerque Real Estate
Almost every real estate conversation revolves around the continuous rise in house values over the last four years. Some have even mentioned a concern about another possible bubble forming. However, the recent increase in prices can be attributed to a very simple principle: supply and demand. DEMAND Demand for single-family housing has continued to increase […]
According to the latest Beracha, Hardin & Johnson Buy vs. Rent (BH&J) Index, homeownership is a better way to produce greater wealth, on average, than renting. The results from the first quarter index showed that “16 of the 23 metropolitan markets investigated moved in the direction of buy territory.” The BH&J Index is a quarterly report that attempts […]
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 […]
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