by hjadmin | Apr 13, 2022 | For Buyers, Housing Market Updates, Interest Rates
There’s never been a truer statement regarding forecasting mortgage rates than the one offered last year by Mark Fleming, Chief Economist at First American: “You know, the fallacy of economic forecasting is: Don’t ever try and forecast interest rates and or, more...
by hjadmin | Apr 11, 2022 | First Time Home Buyers, For Buyers, For Sellers, Housing Market Updates, Move-Up Buyers
If you’re buying or selling a home this year, you’re likely saving up for a variety of expenses. For buyers, that might include things like your down payment and closing costs. And for sellers, you’re probably working on a bit of spring cleaning and maintenance to...
by hjadmin | Apr 8, 2022 | For Sellers, Housing Market Updates, Infographics, Move-Up Buyers
Some Highlights If you’re a homeowner, your net worth has gotten a big boost. That’s because recent home price appreciation has increased your equity. Your equity grows as you pay down your loan and as your home increases in value. Over the past year, the average...
by hjadmin | Apr 7, 2022 | First Time Home Buyers, For Buyers, Housing Market Updates, Move-Up Buyers, Pricing
Many consumers are wondering what will happen with home values over the next few years. Some are concerned that the recent run-up in home prices will lead to a situation similar to the housing crash 15 years ago. However, experts say the market is totally different...
by hjadmin | Mar 30, 2022 | For Buyers, Housing Market Updates, Interest Rates, Pricing
Based on the Primary Mortgage Market Survey from Freddie Mac, the average 30-year fixed-rate mortgage has increased by 1.2% (3.22% to 4.42%) since January of this year. The rate jumped by more than a quarter of a point from just a week ago. Here’s a visual to show how...
by hjadmin | Mar 29, 2022 | Albuquerque Home Values, Albuquerque Real Estate News, For Sellers, Housing Market Updates, Pricing
The Best Month to Sell Your Albuquerque Home: Insights from Market Data Understanding Seasonal Trends in the Albuquerque Real Estate Market Introduction Hey everyone, Tego Venturi here from the Venturi Group of Real Broker. Today, I want to delve into...
