2013 Real Estate Year In Review Take a look back at 2013’s dynamic year in real estate. Low mortgage rates, all-cash buyers and bidding wars played a part in the housing market's recovery. In 2013 we saw the housing market recover a lot faster than we anticipated. It was a great year for seller and homeowners who saw their home values appreciate.

Housing Prices Rose Fast
The local average sale price was $191,683 in November 2012 and rose to $198,249 by November 2013 according to gaar.com.

Mortgage Rates
Mortgage rates remained low with a slight increase. Fixed-rate loans were as low as 3.45 percent in December 2012 and rose to 4.49 in September 2013 according to Freddie Mac. Mortgage rates are likely to stay low and perhaps even drop between now and March 2014.

Housing Inventory

1501 Views, 0 Comments

Hear What The Sellers Have to Say About 505 Huron...

505 Huron The reason we picked this home was because it was brand new and had all the bedrooms that we needed. Each room was the perfect size. WE love the three car garage it is perfect for two cars and more. The area we live is quite and safe. Rio Rancho is growing and is close to anything that you need. We love the fact that we have an amazing view can see from Belen to Santa Fe. We have natural wood burning fireplaces one in the master bedroom that is basically at the same height as the bed. We are on one acre so skies the limit.

Extras include:

  • Large Lot
  • 3 Car Garage
  • Spacious Home
  • Amazing View
  • Beautiful wood floors
  • Wood Burning Fireplace
Click here for additional photos and…

1368 Views, 0 Comments

Furnace Owning a home comes with a great deal of maintenance. During the cold part of the year, many home owners forget to service their furnace. No matter what type of furnace you have, there are several things you can do to keep your heating system in top condition. Heating systems are usually trouble-free and easy to maintain. Good regular maintenance will help with the efficiency of your furnace.

Whatever the problem, start with the simplest procedures. In most cases, all it takes is patience. What could be the problem? The furnace or air conditioner may have lost power. Fuel may not be reaching the unit. If the fuel is gas, it may not be igniting. If the furnace or air conditioner turns on but the warm or cool air isn't reaching the rooms of your home, the…

1346 Views, 0 Comments

RayLee Free Santa Picture

Take a Picture with Santa at the Saltillo Community, Saturday, December 14, 2013

Model Located at: 6274 Carmona Road NW, Albuquerque, NM 87114

Westside Living at its finest – Saltillo is an easy 3.5 miles west of the cottonwood mall. Saltillo offers oversized lots and nice features with Westside affordability. Kids who live in Saltillo will attend the brand new Tony Hillerman Middle School.

• LOCATION: From the Cottonwood Mall, head west on Ellison (McMahon) past Unser, turn right on Maravillas.

2079 Views, 0 Comments

Hear What The Sellers Have to Say About 1512 Summer Breeze...

1512 Summer Breeze We moved into this spacious home because of the open floor plan. There are four bedrooms upstairs along with a balcony from the master suite. The balcony has beautiful views of the east Sandia Mountains and city of Albuquerque. There are also the same views from the landscaped backyard. The view will never be compromised. There are wood floors throughout and has recently been painted. The location is great. We are close to the I-40 freeway and are near a park and a walking/bike path. Nearby is also the new stadium. Our neighbors are great and are very nice. This is a great home that is spacious and great for entertaining.

Extras include:

  • Incredible Sandia & city views
  • Master Balony

1422 Views, 0 Comments

Don't let the down-payment get you down!

Down PaymentComing up with a down-payment for a home purchase can be a major roadblock for some. This is often the reason for renting, rather than owning, a home. A "down-payment" is the difference between the home's purchase price and its mortgage amount. The down-payment must be paid up-front and can vary by lender, location, and loan program. A higher down-payment generally translates into lower loan interest rate. Down-payments typically come from personal cash savings, but it can also be a borrowed amount secured by assets. Our mortgage calculator can be used to figure out monthly payments of a home mortgage loan, based on the home's sale price, the term of the loan desired, buyer's down payment percentage, and the…

1230 Views, 0 Comments

Get ready for winter and read these tips to winterize your home.

Furnace Tips to Winterize Your Home

Call an HVAC professional to inspect your furnace and clean ducts or do it yourself if you know how. Remove all flamable material that surrounds your furnace.


Cap or screen the top of the chimney to keep out rodents and birds. If the chimney hasn't been cleaned for a while, call a chimney sweep to remove soot and creosote. Inspect the fireplace damper for proper opening and closing.

Doors, Windows & Exterior

Inspect exterior for crevice cracks and exposed entry points around pipes; seal them. Use weatherstripping around doors to prevent cold air from entering the home and caulk windows.

Roof, Gutters & Downspouts

Replace worn roof shingles or tiles. Also,…

1944 Views, 0 Comments