by hjadmin | Jul 30, 2021 | Albuquerque Real Estate News
Renting vs. Owning: Purchasing power and mortgage rates in the Albuquerque market (Transcript Snippet): “Tracy: Tego, what’s the latest on purchasing power and mortgage rates. Tego: Mortgage rates are still really low. Tego: You know, we’re still...
by hjadmin | Jul 30, 2021 | Buying Myths, First Time Home Buyers, For Buyers, Infographics, Interest Rates, Move-Up Buyers, Pricing
Some Highlights If you’re thinking of buying a home but wondering if waiting a few years will save you in the long run, think again. The longer the wait, the more you’ll pay, especially when mortgage rates and home prices rise. Even the slightest change in the...
by hjadmin | Jul 29, 2021 | Albuquerque Real Estate News
Why staging still matters : Maximize the sale value of your Albuquerque home (Transcript Snippet): “Tego: Can we talk about home staging? How’s that for a transition? So we had a Nicole Rorem with Sookasa home staging in our office last week. Nicole is...
by hjadmin | Jul 29, 2021 | For Sellers, Move-Up Buyers
Some veterans are finding it difficult to obtain a home in today’s market. According to the National Association of Realtors (NAR): “Conventional conforming mortgages (mortgages that conform to guidelines set by Fannie Mae and Freddie Mac), accounted for 74% of...
by hjadmin | Jul 28, 2021 | Albuquerque Real Estate News
Language in Real Estate : Key terms in Albuquerque’s market (Transcript Snippet): “Tracy: We were talking about this over coffee the other morning, right? Like we typically do our morning coffee where we talk real estate. Tego: That’s welcome to the...
by hjadmin | Jul 28, 2021 | Distressed Properties, Foreclosures, Housing Market Updates, Pricing, Short Sales
With forbearance plans about to come to an end, many are concerned the housing market will experience a wave of foreclosures like what happened after the housing bubble 15 years ago. Here are four reasons why that won’t happen. 1. There are fewer homeowners in trouble...
