by hjadmin | May 12, 2022 | Distressed Properties, Foreclosures, Housing Market Updates
While you may have seen recent stories about the volume of foreclosures today, context is important. During the pandemic, many homeowners were able to pause their mortgage payments using the forbearance program. The goal was to help homeowners financially during the...
by hjadmin | May 11, 2022 | Albuquerque Real Estate News
USDA Loans: Why It’s a Great Option for Most New Mexico Home Buyers (Transcript Snippet): “Tracy: Let’s talk about USDA loans. Tego: Yes. Yes. So we Tracy: Keep diverting from the top. Well, Tego: You had, you had the opportunity to bring all the team into...
by hjadmin | May 11, 2022 | First Time Home Buyers, For Buyers, Housing Market Updates, Move-Up Buyers
According to a recent survey from the National Association of Realtors (NAR), one of the top challenges buyers face in today’s housing market is finding a home that meets their needs. That’s largely because the inventory of homes for sale is so low today. If you’re...
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...
by hjadmin | May 9, 2022 | Albuquerque Real Estate News
Spring 2022: Albuquerque Homes are Selling Quickly (Transcript Snippet): “Tracy: You know, you were talking about, we have this very, very slight uptake of homes on the market compared to last week when we were on the show, right. Or two weeks ago. And you know,...
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...
