Many experts have been calling upon home builders to ramp up construction to help with the lack of existing inventory for sale. For the past two months, new home sales have surged, with July’s total coming in at the highest since October 2007. The latest estimates from the US Census Bureau and Department of […]
2 Myths About Mortgages That May Be Holding Back Buyers
Fannie Mae’s “What do consumers know about the Mortgage Qualification Criteria?” Study revealed that Americans are misinformed about what is required to qualify for a mortgage when purchasing a home. Myth #1: “I Need a 20% Down Payment” Fannie Mae’s survey revealed that consumers overestimate the down payment funds needed to qualify for a home loan. […]
‘Old Millennials’ Are Diving Head-First into Homeownership
Some Highlights: ‘Old Millennials’ are defined as 25-36 year olds according to the US Census Bureau. According to NAR’s latest Profile of Home Buyers & Sellers, the median age of all first-time home buyers is 31 years old. More and more ‘Old Millennials’ are realizing that homeownership is within their reach now! Source: http://www.simplifyingthemarket.com/en/feed/?a=217019-f2452a8f8cdc42dd481fd452124719d3
How many times do I have to sell my Albuquerque home??
The answer is – More than once! SALE NUMBER 1 – SHOWING YOUR HOME Your REALTOR has done a great job of getting the home staged, minor repairs completed and professional photography is showing your home off to the world! You are winning the beauty contest of selling your home! The first showing appointment is […]
What Is Your Albuquerque Home Value? I don’t know yet….and it’s not fair
…and I can’t tell you anything from a postcard. I confess. Our industry has been swamped with ‘automated home values.’ From Zillow, to Trulia, to Market Snapshot….they are everywhere! I have to admit, I have spent a fortune this year on subscribing to these services. You get a really nice postcard from me, and you […]