by hjadmin | Nov 4, 2021 | Distressed Properties, Foreclosures, Housing Market Updates, Pricing, Short Sales
With forbearance plans coming to an end, many are concerned the housing market will experience a wave of foreclosures similar to what happened after the housing bubble 15 years ago. Here are a few reasons why that won’t happen. There are fewer homeowners in trouble...
by hjadmin | Nov 3, 2021 | First Time Home Buyers, For Buyers, Housing Market Updates, Interest Rates, Move-Up Buyers, Pricing
Mortgage rates are one of several factors that impact how much you can afford if you’re buying a home. When rates are low, they help you get more house for your money. Within the last year, mortgage rates have hit the lowest point ever recorded, and they’ve hovered in...
by hjadmin | Nov 2, 2021 | For Sellers, Housing Market Updates, Interest Rates, Move-Up Buyers, Pricing
With mortgage rates climbing above 3% for the first time in months, serious buyers are more motivated than ever to find a home before the end of the year. Lawrence Yun, Chief Economist for the National Association of Realtors (NAR), puts it best, saying: “Housing...
by hjadmin | Nov 1, 2021 | Albuquerque Real Estate News
Interest rates goes up in Albuquerque. Reports from Mortgage Banker’s Association conference (Transcript Snippet): “Tego: Um, a couple headlines of the week, um, interest rates, interest rates have gone up, if you hadn’t heard. Um, you know,...
by hjadmin | Nov 1, 2021 | First Time Home Buyers, For Buyers, Pricing, Rent vs. Buy
Rents have increased significantly this year. The latest National Rent Report from Apartmentlist.com shows rents are rising at a rate much higher than the three years leading up to the pandemic: “Since January of this year, the national median rent has increased by a...
by hjadmin | Oct 29, 2021 | Albuquerque Real Estate News
Inspections: What’s the deal when you buy your Albuquerque home (Transcript Snippet): “Tracy: So Tego we had a question this week. Yes. I’m sure you have stats, but let’s get to our question of the week question was Tego: You go, go ahead...
