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Albuquerque NM Foreclosures are down, nationwide downward trend continues 1.4 Million U.S. Properties with Foreclosure Filings in 2013 Down 26 Percent to Lowest Annual Total Since 2007 Foreclosure filings were reported on 1,361,795 U.S. properties in 2013, down 26 percent from 2012 and down 53 percent from the peak of... Read More
Low Inventory & Tight Lending Keep New Construction At Historic Lows The 2013 housing market has been characterized by a low inventory environment. However, recent inventory reductions are much less than what was reported earlier this year. Read More
“If a window of opportunity appears, don’t pull down the shade.” Tom Peters. The markets were closed Monday in observance of the Martin Luther King, Jr. holiday and the economic calendar was light, but last week still brought an opportunity, as home loan rates reached some of their lowest levels... Read More
It is obvious that the biggest Mistakes Home Sellers can make is “overpricing” their Home right from the start to “feel out the market”! Besides overpricing, some of the Albuquerque Home Seller Mistakes include over-cluttering which greatly decreases the showing ability of a Home. For... Read More
The #1 Reason to Sell your Albuquerque NM Home Now The price of any item (Albuquerque residential real estate included) is determined by ‘supply and demand’. If many customers are looking to buy an item and the supply of that item is limited, the price of that item increases. According... Read More
Albuquerque NM Home Sales Report for December 2013: Albuquerque NM Home Sales prices of Single-family detached increased 9.14% (Median) and 4.13% (Average) from 2013. Single-family detached home sales rose 7.91% from December of last year. FULL REPORT Albuquerque NM... Read More
Albuquerque UNM Home for rent – don’t wait! Lovely 1235 sqft, 2 Bedroom, 1 Bath Home. 2 Car Garage! Terrific location near Nob Hill/UNM and hospital. Features a cozy courtyard right off the back door, beautiful refinished hardwood floors, Wood burning fireplace, updated bathroom. New tile counter top in kitchen,... Read More
Albuquerque NM Foreclosures have been slowing over the last few months 20 Cities with Biggest Foreclosure Discounts As the housing market continues to recover in 2014, finding a foreclosure deal is more important than ever to ensure you get the most bang for your buck and land a home with... Read More
The famous band leader is aptly describing a day like today, when we have to report both a surprising boost in Housing Starts, along with an unexpected bomb from Existing Home Sales. Starting with the “good day” stuff, Housing Starts were up 22.7% in November, to... Read More
Percentage Of Albuquerque NM Distressed Homes Sales Level Out Albuquerque NM Distressed homes – foreclosures and short sales – accounted for 14% of sales, unchanged from last month; they were 25%in October 2012. Part of the gain in median price is from a smaller share of distressed sales. While... Read More