Home Buyers in Albuquerque

Home Buyers Albuquerque – Save Thousands!

Home Buyers in Albuquerque could save thousands by purchasing a home in the “Off Season”! Sale Prices of homes in Albuquerque do usually fall over the winter months due to reduced activity. Keep an eye on the “Days on Market” (DOM)! On any homes that have been on the market longer than 60 days should give Home Buyers in Albuquerque more negotiation power.

In context, the median listing price nationwide in September is projected to be $250,000, a new high for the month, realtor.com recently reported. Listing price, however, often differs from sale price—of the 50 metro areas NerdWallet analyzed, the difference between the median listing price and median sale price averaged roughly $17,000 from September to November. Given these findings, Home Buyers in Albuquerque this fall and winter can expect to have an advantage over Sellers, even with record list prices.

In addition, mortgage interest rates remain low—though the Federal Reserve hinted at a benchmark rate hike this December. Home Buyers in Albuquerque, for now, still have the opportunity to secure a low rate.