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How Much Leverage Do Today’s House Sellers Have?

by hjadmin | Feb 24, 2021 | For Sellers, Housing Market Updates, Move-Up Buyers, New Construction, Pricing, Selling Myths

The housing market has been scorching hot over the last twelve months. Buyers and their high demand have far outnumbered sellers and a short supply of houses. According to the latest Existing Home Sales Report from the National Association of Realtors (NAR), sales are...

The Reason Mortgage Rates Are Projected to Increase and What It Means for You

by hjadmin | Feb 23, 2021 | Buying Myths, First Time Home Buyers, For Buyers, Housing Market Updates, Interest Rates, Move-Up Buyers

We’re currently experiencing historically low mortgage rates. Over the last fifty years, the average on a Freddie Mac 30-year fixed-rate mortgage has been 7.76%. Today, that rate is 2.81%. Flocks of homebuyers have been taking advantage of these remarkably low rates...
Home Mortgage Rates by Decade [INFOGRAPHIC]

Home Mortgage Rates by Decade [INFOGRAPHIC]

by hjadmin | Feb 19, 2021 | First Time Home Buyers, For Buyers, Infographics, Interest Rates, Move-Up Buyers

Some Highlights Mortgage interest rates have dropped considerably over the past year, and compared to what we’ve seen in recent decades, it’s a great time to buy a home. Locking in a low rate today could save you thousands of dollars over the lifetime of your home...

Will Low Mortgage Rates Continue through 2021?

by hjadmin | Feb 18, 2021 | First Time Home Buyers, For Buyers, Housing Market Updates, Interest Rates, Move-Up Buyers

With mortgage interest rates hitting record lows so many times recently, some are wondering if we’ll see low rates continue throughout 2021, or if they’ll start to rise. Recently, Freddie Mac released their quarterly forecast, noting: “The average 30-year fixed-rate...

Millennials: Is It Time to Buy a Bigger Home?

by hjadmin | Feb 16, 2021 | For Buyers, For Sellers, Move-Up Buyers

In today’s housing market, all eyes are on millennials. Not only are millennials the largest generation, but they’re also currently between 25 and 40 years old. These are often considered prime homebuying years when many people begin to form their own households and...
47% of New Buyers Surprised by How Affordable Homes Are Today

47% of New Buyers Surprised by How Affordable Homes Are Today

by hjadmin | Feb 11, 2021 | Buying Myths, First Time Home Buyers, For Buyers, Housing Market Updates, Interest Rates, Move-Up Buyers, Pricing

Headlines matter. Right now, it’s hard to read about real estate without seeing a headline that suggests homes have become unaffordable for most Americans. In reality, there’s hard evidence that shows how owning a home is more affordable than renting in most parts of...
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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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