Author: Franz Redl
Albuquerque Mortgage Rates 30-Year Fixed-Rate Mortgage At Nine-Week Low Average fixed mortgage rates fell following the Federal Reserve announcement that it will maintain its bond buying stimulus helping to keep homebuyer affordability elevated. The average rate on the 30-year fixed mortgage is at its lowest level since the last week... Read More
Albuquerque Home Sales stay strong: Single Family detached Albuquerque Home Sales rose 17.2% from 2012 The Average Sales Price of Single Family Homes in August was $223,533, an increase of 10.8% from 2012 Home Sales in the City of Rio Rancho rose 43.5% compared to August 2012 News... Read More
What Ranks High with Luxury Homebuyers Luxury home owners and buyers place a high value on real estate, according to a new survey conducted by Better Homes and Gardens of 500 luxury home buyers. In fact, the survey finds that 75 percent of luxury home buyers believe home ownership is... Read More
New Listings, Homes For Rent in Albuquerque and Rio Rancho NM! We currently have available: 3808 Moon St NE, Albuquerque, NM 87111 – 3 BR, 2 Bath, 2 Living Areas, Fireplace, approximately 1,590 sqft for only $950.00/month plus utilities! 669 Sunny Meadows Dr, Rio Rancho, NM... Read More
Albuquerque NM Multifamily Property Sales have been picking up since the beginning of the year. Properties that are priced well sell fairly fast. Confidence in Multifamily at All-Time High The apartment and condominium market continued to gain momentum in the second quarter with builders’ and developers’ confidence in the sector... Read More
Albuquerque NM Existing Home Sales spike over 30%! Albuquerque NM Existing Home Sales saw a significant rise from last year and rose 9.31% from last month. Read the FULL REPORT Nationwide: Existing home sales rose strongly last month, with the median price maintaining... Read More
Albuquerque NM Foreclosures have been declining in recent months but ….. Foreclosure Crisis Just Now Hitting Some States Many U.S. housing markets are recovering from the worst of the foreclosure crisis, but others are getting slammed. Maryland, Oregon, and New Jersey had relatively stable housing markets even during the housing... Read More
The national mortgage delinquency rate fell nearly 26% in the second quarter compared to the same period last year. Every state and the District of Columbia saw an improvement in the mortgage delinquency rate year-over-year. This marks the third quarter in a row where we have posted all-time highs in... Read More
View the Full Albuquerque NM Home Sales Report HERE Many people were not very content with last week’s Pending Home Sales report. This measure of contracts signed to buy existing homes fell 0.4% in June. For some observers, that raised concerns... Read More
Albuquerque Housing Trends Newsletter – View Report... Read More