Author: Franz Redl
Fixed Mortgage Rates Continue To Fall Fixed mortgage rates falling for the third consecutive week amid declining consumer confidence and the onset of the federal government shutdown. The average 30-year fixed rate mortgage is at its lowest level since the week ending June 20, 2013. FULL... Read More
Monsters of the Housing Market: Vampire REOs and Zombie Foreclosures Report on how vacant “zombie” foreclosures and owner-occupied “vampire” bank-owned homes are both a challenge to the housing market and bargain-buying opportunities for pro-active buyers and investors. COMPLETE STORY... Read More
Albuquerque Existing Home Sales and National Market News Existing Home Sales Rise, Limited Inventory Pushes Prices Higher Existing home sales increased in last month and reached the highest level in six-and-a-half years, while the median price shows nine consecutive months of double-digit year-over-year increases. Total existing home sales rose 1.7%... Read More
Albuquerque Housing Market and National News: Dynamic Shift In Housing Market As the year’s peak home buying season comes to a close, key market indicators point to a shift in the dynamics of the housing market, suggesting that future home value appreciations may be driven by market demand, rather than... Read More
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