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Home Price Appreciation Is as Simple as Supply and Demand

by hjadmin | Jun 9, 2021 | For Buyers, For Sellers, Housing Market Updates, Pricing

Home price appreciation continues to accelerate. Today, prices are driven by the simple concept of supply and demand. Pricing of any item is determined by how many items are available compared to how many people want to buy that item. As a result, the strong...
Albuquerque’s luxury Real Estate market: Things you should know

Albuquerque’s luxury Real Estate market: Things you should know

by hjadmin | Jun 8, 2021 | Albuquerque Real Estate News

Albuquerques’s luxury Real Estate market: Things you should know (Transcript Snippet): ” Tracy: Say that not every house with a pool is luxury. We just in the last couple of weeks, we’ve had two transactions going where the houses were under 300,000,...

Albuquerques’s luxury Real Estate market: Things you should know

by hjadmin | Jun 8, 2021 | Albuquerque Real Estate News

Albuquerques’s luxury Real Estate market: Things you should know (Transcript Snippet): “Tracy:  Say that not every house with a pool is luxury. We just in the last couple of weeks, we’ve had two transactions going where the houses were under 300,000,...

In Today’s Market, Listing Prices Are Like an Auction’s Reserve Price

by hjadmin | Jun 8, 2021 | Buying Myths, For Buyers, Pricing

For generations, the process of buying and selling a home never really changed. A homeowner would try to estimate the market value of their house, then tack on a little extra to give themselves some negotiating room. That figure would become the listing...
Interest rates: Its connection with Home buyer demand in Albuquerque

Interest rates: Its connection with Home buyer demand in Albuquerque

by hjadmin | Jun 7, 2021 | Albuquerque Real Estate News

Interest rates: Its connection with Home buyer demand in Albuquerque (Transcript Snippet): “Tego: Can’t talk about home buyer demand without talking about interest rates in 2020, you know, Eddie, as you know, interest rate dropped to sub 3% for 30 year...

Interest rates: Its connection with Home buyer demand in Albuquerque

by hjadmin | Jun 7, 2021 | Albuquerque Real Estate News

Interest rates: Its connection with Home buyer demand in Albuquerque (Transcript Snippet): Tego: Can’t talk about home buyer demand without talking about interest rates in 2020, you know, Eddie, as you know, interest rate dropped to sub 3% for 30 year mortgages...
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