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The new “Know Before You Owe” mortgage forms will replace existing federal disclosures The Consumer Financial Protection Bureau (CFPB) is issuing a rule Wednesday requiring lenders to use its disclosure templates to lay out mortgage terms for borrowers. The new Know Before You Owe mortgage forms will replace existing federal... Read More
Albuquerque NM Home Foreclosure Rates States Where Foreclosure Rates Remain High The foreclosure rate nationwide is dropping, but in certain pockets of the country, it’s still high. The areas experiencing the highest foreclosure rates tend to be judicial states, which are prone to delays in the foreclosure process... Read More
People who don’t believe in the housing recovery will no doubt ignore the latest proof of its strength. The National Association of Realtors (NAR) reported that most metro areas saw solid year-over-year price gains in the third quarter. The national median price posted its strongest annual growth in almost eight... Read More
Albuquerque NM Home Sales Report for October 2013 The Average Sales Price of detached single-family homes increased 2.6% from the previous year Sales of Albuquerque NM detached single-family homes rose 7.4% from the previous year Albuquerque NM Home Sales and Sales Prices are still climbing despite the National Trend of... Read More
Distressed Home Sales At Lowest Level Since 2008 Distressed homes – foreclosures and short sales – accounted for 14% of sales last month, up from 12% the month previous, which was the lowest share since monthly tracking began in October 2008. Distressed were down 41.67% year-over-year when distressed sale were... Read More
Albuquerque Foreclosure Market Trends and National Foreclosure Statistics FULL REPORT... Read More
All of us who boldly stand for a continuing housing recovery should be careful to not fall for some of the negative spin put on last week’s report that Existing Home Sales were down 1.9% in September. The naysayers quickly pounced on this as evidence we should brace for a... Read More
Albuquerque Home Sales Market Report for September 2013: Single Family detached Home Sales rose 17.8% from previous year Pending Sales of detached Single Family Homes showed a slight increase of 0.6% from September 2012 FULL REPORT... Read More
Albuquerque Housing News and National Housing Update The early 20th century author of nightmarish tales certainly had the best advice for getting through the scares coming out of Washington last week. Much of the Albuquerque housing news and National Housing “news” consisted of fearful warnings about what might happen to... Read More
Another Albuquerque Short Sale Home for sale! Albuquerque Short Sale! This home needs a little TLC and some flooring but there is a lot of value at this price. Very spacious home with great floor plan. All Bedrooms on 2nd floor. 1/2 Bath on 1st floor. Quiet Neighborhood. 4 Bedrooms,... Read More