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Will Home Prices Fall This Year? Here’s What Experts Say.

by hjadmin | May 10, 2022 | For Buyers, For Sellers, Housing Market Updates, Move-Up Buyers, Pricing

Many people are wondering: will home prices fall this year? Whether you’re a potential homebuyer, seller, or both, the answer to this question matters for you. Let’s break down what’s happening with home prices, where experts say they’re headed, and how this impacts...

How Today’s Mortgage Rates Impact Your Home Purchase

by hjadmin | May 9, 2022 | First Time Home Buyers, For Buyers, Interest Rates, Move-Up Buyers, Pricing

If you’re planning to buy a home, it’s critical to understand the relationship between mortgage rates and your purchasing power. Purchasing power is the amount of home you can afford to buy that’s within your financial reach. Mortgage rates directly impact the monthly...

Things That Could Help You Win a Bidding War on a Home

by hjadmin | May 3, 2022 | Buying Myths, Down Payments, First Time Home Buyers, For Buyers, Move-Up Buyers, Pricing

With a limited number of homes for sale today and so many buyers looking to make a purchase before mortgage rates rise further, bidding wars are common. According to the latest report from the National Association of Realtors (NAR), nationwide, homes are getting an...

Today’s Home Price Appreciation Is Great News for Existing Homeowners

by hjadmin | May 2, 2022 | For Sellers, Housing Market Updates, Move-Up Buyers, Pricing

If you’re planning to sell your home this season, rising prices are great news for you. But it’s important to understand why prices are rising to begin with. One major factor is supply and demand. In any industry, when there are more buyers for an item than there are...

Is It Enough To Offer Asking Price in Today’s Housing Market?

by hjadmin | Apr 25, 2022 | Buying Myths, First Time Home Buyers, For Buyers, Housing Market Updates, Move-Up Buyers

If you’re planning to buy a home this season, you’re probably thinking about what you’ll need to do to get your offer accepted. In previous years, it was common for buyers to try and determine how much less than the asking price they could offer to still get the home....

How To Approach Rising Mortgage Rates as a Buyer

by hjadmin | Apr 20, 2022 | Buying Myths, First Time Home Buyers, For Buyers, Housing Market Updates, Interest Rates, Move-Up Buyers

In the last few weeks, the average 30-year fixed mortgage rate from Freddie Mac inched up to 5%. While that news may have you questioning the timing of your home search, the truth is, timing has never been more important. Even though you may be tempted to put your...
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Albuquerque Real Estate | Venturi Realty Group
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Albuquerque, NM Real Estate
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