Apr 1, 2017 | Albuquerque Real Estate News, Real Estate Market Reoprt
No April Fools Joke here… One of the first things I do at the beginning of every month is look at the previous month’s market data and today found a very interesting statistic. The number Pending home sales in March hit an all time high for a single month...
Feb 9, 2017 | Albuquerque Real Estate News, Real Estate Market Reoprt
I recently read a study done by Nerdwallet titled βWhy January Is the Best Time to Buy a Homeβ. The study found that nationally home prices were 8.45% lower in January and February than in June, July, and August. I wanted to see how this compared to the Albuquerque...
Dec 8, 2016 | Albuquerque Home Values, Albuquerque Real Estate News, Real Estate Market Reoprt
Earlier this month I did a quick update as well as the Q3 numbers. Here is a full Video Market Update Report including the HPI numbers for the 3rd quarter as well as a November 2016 update. Two big things I am watching… Home Price Index, and Supply vs. Demand...
Dec 5, 2016 | Albuquerque Home Values, Albuquerque Real Estate News, Real Estate Market Reoprt
We just received the latest Home Price Index numbers for Albuquerque and as expected… prices are up. For 2016 we have seen a 4.49% increase in the index through the 3rd quarter. The last time the ABQ housing market has had gains greater than this was 2006. The...
Oct 5, 2016 | Albuquerque Real Estate News, Real Estate Market Reoprt
The takeaway on the market… The number of homes sold continues to increase but at a moderate level. Supply vs. demand continues to be in favor of sellers in the median price ranges. Year over year price appreciation looks to be in the 3%+- range