Nov 2, 2021 | For Sellers, Housing Market Updates, Interest Rates, Move-Up Buyers, Pricing
With mortgage rates climbing above 3% for the first time in months, serious buyers are more motivated than ever to find a home before the end of the year. Lawrence Yun, Chief Economist for the National Association of Realtors (NAR), puts it best, saying: “Housing...
Nov 1, 2021 | Albuquerque Real Estate News
Interest rates goes up in Albuquerque. Reports from Mortgage Banker’s Association conference (Transcript Snippet): “Tego: Um, a couple headlines of the week, um, interest rates, interest rates have gone up, if you hadn’t heard. Um, you know,...
Nov 1, 2021 | First Time Home Buyers, For Buyers, Pricing, Rent vs. Buy
Rents have increased significantly this year. The latest National Rent Report from Apartmentlist.com shows rents are rising at a rate much higher than the three years leading up to the pandemic: “Since January of this year, the national median rent has increased by a...