Albuquerque Real Estate News
What’s Happening with Home Prices?
Many people have questions about home prices right now. How much have prices risen over the past 12 months? What’s happening with home values right now? What’s projected for next year? Here’s a look...
Stat-O-Matic: Albuquerque’s Real Estate Market stats for October
https://youtu.be/Swu9scOgeus?rel=0&showinfo=0 Stat-O-Matic: Albuquerque's Real Estate Market stats for October (Transcript Snippet): "Tego: All right. So let's talk about the market. Um, October...
How Sellers Win When Housing Inventory Is Low
In today’s housing market, the number of homes for sale is much lower than the strong buyer demand. As a result, homeowners ready to sell have a significant advantage. Here are three ways today’s...
Two Graphs That Show Why You Shouldn’t Be Upset About 3% Mortgage Rates
With the average 30-year fixed mortgage rate from Freddie Mac climbing above 3%, rising rates are one of the topics dominating the discussion in the housing market today. And since experts project...
Numbers Don’t Lie – It’s Still a Great Time To Sell [INFOGRAPHIC]
Some Highlights Heading into the end of the year, you might wonder if it’s still a good time to sell your house. Here’s what the latest data from the National Association of Realtors (NAR) says....
Why a Wave of Foreclosures Is Not on the Way
With forbearance plans coming to an end, many are concerned the housing market will experience a wave of foreclosures similar to what happened after the housing bubble 15 years ago. Here are a few...
Experts Project Mortgage Rates Will Continue To Rise in 2022
Mortgage rates are one of several factors that impact how much you can afford if you’re buying a home. When rates are low, they help you get more house for your money. Within the last year, mortgage...
Sellers Have Incredible Leverage in Today’s Market
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...
Interest rates goes up in Albuquerque. Reports from Mortgage Banker’s Association conference
https://youtu.be/f3jHf8I8s0Y?rel=0&showinfo=0 Interest rates goes up in Albuquerque. Reports from Mortgage Banker's Association conference (Transcript Snippet): "Tego: Um, a couple headlines of...
Renters Missed Out on $51,500 This Past Year
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:...
Inspections: What’s the deal when you buy your Albuquerque home
https://youtu.be/mCfi62IVKj0?rel=0&showinfo=0 Inspections: What's the deal when you buy your Albuquerque home (Transcript Snippet): "Tracy: So Tego we had a question this week. Yes. I'm sure you...
The Mortgage Process Doesn’t Have To Be Scary [INFOGRAPHIC]
Some Highlights Applying for a mortgage is a big step towards homeownership, but it doesn’t need to be one you fear. Here are some tips to help you prepare. Know your credit score and work to build...