Author: Franz Redl

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

Albuquerque NM Mortgage Rates on the Rise. Fannie: Fast Rise in Mortgage Rates Could Hurt The rise in mortgage rates over the last couple of months has been “significant” and could hamper the housing recovery, economists note in Fannie Mae’s Economic Strategic Report for July. However, home sales so far... Read More

Albuquerque NM Home Sales of Single-family detached for June 2013 saw a 25.40% increase from the previous year. June 2013 marked the 4th consecutive month with Pending Home Sales exceeding 1,000. With 4,388 Single-Family Homes for sale, June 2013 had the highest number of Homes for sale since October 2011. Read More