by hjadmin | Jan 28, 2021 | For Buyers, For Sellers, Housing Market Updates, Interest Rates
The real estate market is expected to do very well in 2021, with mortgage rates that are hovering at historic lows and forecasted by experts to remain favorable throughout the year. One challenge to the housing industry, however, is the lack of homes available for...
by hjadmin | Jan 27, 2021 | Distressed Properties, For Buyers, For Sellers, Foreclosures, Housing Market Updates
According to the latest report from Black Knight, Inc., a well-respected provider of data and analytics for mortgage companies, 6.48 million households have entered a forbearance plan as a result of financial concerns brought on by the COVID-19 pandemic. Here’s where...
by hjadmin | Jan 25, 2021 | First Time Home Buyers, For Buyers, For Sellers, Move-Up Buyers
As we look back over the past year, we’ve certainly lived through one of the most stressful periods in recent history. After spending so much more time at home throughout the health crisis, some are wondering if they should move to improve their mental health and...
by hjadmin | Jan 21, 2021 | Distressed Properties, For Buyers, For Sellers, Foreclosures, Housing Market Updates
Earlier this month, the Bureau of Labor Statistics (BLS) released their most recent Jobs Report. The report revealed that the economy lost 140,000 jobs in December. That’s a devastating number and dramatically impacts those households that lost a source of income....
by hjadmin | Jan 20, 2021 | Albuquerque Real Estate News, For Buyers, For Sellers, Housing Market Updates, Real Estate Market Reoprt
Well, the time has come time to look at the Albuquerque real estate market for 2020, and give it a let’s just put a bow on it and talk about what happened this year in the real estate market in Albuquerque. If people were following residential real estate at all...
by hjadmin | Jan 14, 2021 | For Buyers, For Sellers, Housing Market Updates, Interest Rates
The housing market made an incredible recovery in 2020 and is now positioned for an even stronger year in 2021. Record-low mortgage interest rates are a driving factor in this continued momentum, with average rates hovering at historic all-time lows. According to the...