Latest Albuquerque Real Estate News & Insights

.Welcome to the premier destination for the latest Albuquerque real estate news. We offer an in-depth look into the dynamic real estate market in the Albuquerque area. From our weekly radio show and podcast to market trends to expert analyses and market forecasts, we provide comprehensive coverage that keeps homeowners, home buyers, and investors informed and ahead of the curve.

Albuquerque Real Estate Talk 440 – April 1 2023

Albuquerque Real Estate Talk 440 – April 1 2023

## Current Trends in the Real Estate Market
– The current trends in the real estate market include interest rates and a lack of available homes for sale.
– Remodeling projects can have a significant impact on the market, and real estate agents can network and increase their business.

## Buying a Home
– The first step to buying a home is talking to a realtor.
– A realtor can help you understand the process and guide you through it. It is important to have a realtor who is trustworthy and can help you navigate the process.
– There are many options and programs available, so it is important to consult with a realtor who can help you find the right one for you.

## Remodeling Impact Report
– The National Association of Realtors’ 2023 remodeling impact report discusses the importance of curb appeal and the increased scope of outdoor projects since the pandemic.
– Cost recovery is influenced by a gazillion factors, and the joy score is important when remodeling.

## Real Estate Professionals in New Mexico
– There are different types of real estate professionals in New Mexico, including real estate agents, real estate brokers, and realtors.
– Real estate agents are not real estate brokers, and realtors are members of an association, the Realtor Association of New Mexico.
– A realtor is signed on to say they will abide by the code of ethics and regulations set by the realtor association.
– There are two types of qualifying brokers in New Mexico – the managing broker of an office of a brokerage, and the qualified broker responsible for an entire office of realtors.
– Associate brokers are responsible for their clients and their own deals, but not necessarily the managing or qualifying broker.
– Agent is a generic term for a realtor, real estate licensee, or someone acting as an agent.
– Agency is a legal term for when someone is acting on behalf of another person.

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