May 20, 2021 | For Sellers, Interest Rates, Move-Up Buyers, Pricing
The level of equity homeowners have is at an all-time high. According to the U.S. Census, over 38% of owner-occupied homes are owned free and clear, meaning they don’t have a mortgage. Those with a mortgage are seeing their equity skyrocket too. Every time real estate...
May 19, 2021 | Albuquerque Real Estate News
Albuquerque forbearance updates (Transcript Snippet): “Tego: It has to do with, with what’s going on with the forbearance world. Right. So if you’re not familiar with it, when the pandemic started there were a lot of these programs that came into...
May 19, 2021 | Albuquerque Real Estate News
Albuquerque forbearance updates (Transcript Snippet): “Tego: It has to do with, with what’s going on with the forbearance world. Right. So if you’re not familiar with it, when the pandemic started there were a lot of these programs that came into...
May 19, 2021 | For Sellers, Housing Market Updates, Move-Up Buyers
One of the biggest questions in real estate today is, “When will sellers return to the housing market?” An ongoing shortage of home supply has created a hyper-competitive environment for hopeful buyers, leading to the ultimate sellers’ market. However, as the economy...
May 18, 2021 | For Buyers, For Sellers, Housing Market Updates, Pricing
Last month, in a post on the Liberty Street Economics blog, the Federal Reserve Bank of New York noted that Americans believe buying a home is definitely or probably a better investment than buying stocks. Last week, a Gallup Poll reaffirmed those findings. In an...