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What Do Supply and Demand Tell Us About Today’s Housing Market?

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,...

The Main Key To Understanding the Rise in Mortgage Rates

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...

As Home Equity Rises, So Does Your Wealth

by hjadmin | Oct 2, 2021 | First Time Home Buyers, For Buyers, For Sellers, Housing Market Updates, Move-Up Buyers, Pricing

Homeownership is still a crucial part of the American dream. For those people who own a home (and those looking to buy one), it’s clear that being a homeowner has considerable benefits both emotionally and financially. In addition to long-term stability, buying a home...

Reasons Renters Buy [INFOGRAPHIC]

by hjadmin | Oct 1, 2021 | First Time Home Buyers, For Buyers, Infographics, Rent vs. Buy

Some Highlights When deciding whether you should rent or buy, make sure you’re considering these factors. Buying a home means consistent monthly payments. Homeownership also helps to build your wealth. And owning a home gives you greater flexibility than renting. If...

Early October is the Sweet Spot for Buyers

by hjadmin | Sep 28, 2021 | First Time Home Buyers, For Buyers, Housing Market Updates, Move-Up Buyers

Are you looking to buy a home? If so, we’ve got good news for you. While there’s no denying the housing market is having a great year, many of the headlines are focused on the perks for sellers. But what about buyers today? As a buyer, you’re likely braving bidding...

If You’re a Buyer, Is Offering Asking Price Enough?

by hjadmin | Sep 27, 2021 | Buying Myths, First Time Home Buyers, For Buyers, Housing Market Updates, Move-Up Buyers

In today’s real estate market, buyers shouldn’t shop for a home with the expectation they’ll be able to negotiate a lower sales price. In a typical housing market, buyers try to determine how much less than the asking price they can offer and still get the home. From...
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Albuquerque Real Estate | Venturi Realty Group
Venturi Realty Group
Albuquerque, NM Real Estate
1119 Alameda Blvd NW, Albuquerque, NM 87114
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info@welcomehomeabq.com
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