by hjadmin | Oct 7, 2021 | First Time Home Buyers, For Buyers, Housing Market Updates, Move-Up Buyers, Rent vs. Buy
The financial benefits of buying a home versus renting one are always up for debate. However, one element of the equation is often ignored – the ability to build wealth as a homeowner. According to the latest research from the National Association of Realtors (NAR):...
by hjadmin | Oct 6, 2021 | Albuquerque Real Estate News
This month we look at the seasonal home sales patterns and prices.Full Transcription: It is October 21 and Balloon Fiesta is on. But I want to look at some real estate data. Yay! For the Albuquerque area. You know, we just got our September data and I wanted to dig...
by hjadmin | Oct 6, 2021 | Albuquerque Real Estate News
Albuquerque Balloon Fiesta: Neighborhoods that tend to have balloons come over them (Transcript Snippet): “Tracy: So balloon Fiesta, So Tego, let’s talk about what, what we see is neighborhoods where people love, love to live. That tend to get balloons...
by hjadmin | Oct 6, 2021 | First Time Home Buyers, For Buyers, Housing Market Updates, Move-Up Buyers, Pricing
There’s a well-known economic theory – the law of supply and demand – that explains what’s happening with prices in the current real estate market. Put simply, when demand for an item is high, prices rise. When the supply of the item increases, prices fall. Of course,...
by hjadmin | Oct 5, 2021 | First Time Home Buyers, For Buyers, Housing Market Updates, Interest Rates, Move-Up Buyers
Every Thursday, Freddie Mac releases the results of their Primary Mortgage Market Survey which reveals the most recent movement in the 30-year fixed mortgage rate. Last week, the rate was announced as 3.01%. It was the first time in three months that the mortgage rate...
