Click here to download the complete January 2020 Local Market Snapshot reports, presented by zip code and MLS area.

Highlights (the highlights are a comparison between January 2010 and January 2020)

  • the median detached home price rose 10.0 percent to $222,500
  • the average detached home price rose 2.4 percent to $256,696
  • overall inventory of detached homes for sale decreased  37.0  percent to 1,610
  • the number of closed sales for detached homes increased 4.9 percent to 768
  • the number of detached homes going under contract rose 22.1 percent to 1,090

22688 Views, 0 Comments

Read Full Post

1417 San Carlos Dr SW 87104

Ideally located near Albuquerque County Club, Historic Old Town, Downtown ABQ, Tingley Beach, Botanical Garden, Parks, and Zoo. And if you know the area there is a myriad of shopping and restaurants along Central Blvd.

1417 San Carlos Dr SW Albuquerque, NM 87104

  • Price: $275,000
  • Bedrooms: 2/3
  • Bathrooms: 2
  • Garage Spaces: 2

 

 

 

  

More Downtown/Old Town Homes For Sale

18127 Views, 0 Comments

Read Full Post

Here's some good news... momentum will keep housing positive in 2020 with historically low mortgage rates and the continued strength of the labor market.

Unemployment rate is at a 50-year low and so is mortgage delinquencies due to low rates, a solid economy and strong labor market. Mortgage delinquency rate was the lowest in Quarter 4 2019. This is the lowest lever since the current survey series by the Mortgage Banker Association begin in 1979.

24933 Views, 0 Comments

Read Full Post

With interest rates being as low as they are you can refinance, buy or sell a home and save money. I can help you road map a path to home ownership and if you have a home to sell I will give the 3 most important pieces of information:

  • How much your home is worth
  • How long it will take to sell
  • How much you make from the sale of your home.

Real estate is a great investment vehicle as well so if you are interested in learning more please contact us at (505) 886-1432.

17050 Views, 0 Comments

Read Full Post

Click here to download the complete October 2019 Local Market Snapshot reports, presented by zip code and MLS area.

Highlights (the highlights are a comparison between Oct. 2018 and Oct. 2019)

    • The median detached home price rose 15.5 percent to $229,900
    • The average detached home price rose 16.0 percent to $269,247
    • Overall inventory of detached homes for sale decreased 29.8  percent to 2,306
    • The number of closed sales for detached homes increased 2.5 percent to 1,028
    • The number of detached homes going under contract rose 19.2 percent to 1,125

19282 Views, 0 Comments

Read Full Post

Click here to download the complete September 2019 Local Market Snapshot reports, presented by zip code and MLS area.

Highlights (the highlights are a comparison between Sept. 2018 and Sept. 2019)

  • the median detached home price rose 12.5 percent to $225,000
  • the average detached home price rose 8.7 percent to $261,356
  • overall inventory of detached homes for sale decreased  30.4  percent to 2,384
  • the number of closed sales for detached homes increased 4.3 percent to 1,063
  • the number of detached homes going under contract rose 22.8 percent to 1,094

15469 Views, 0 Comments

Read Full Post

Click the links under 'Downloads' to access the Full Market Report (Monthly Indicators) or the Green Sheet Report for the July 2019 Monthly Statistics.

Click here to download the complete July 2019 Local Market Snapshot reports, presented by zip code and MLS area.

Highlights (the highlights are a comparison between July 2018 and July 2019)

  • the median detached home price rose 10.5 percent to $232,000
  • the average detached home price rose 6.3 percent to $264,682
  • overall inventory of detached homes for sale decreased  33.6  percent to 2,379
  • the number of closed sales for detached homes increased 5.2 percent to 1,186
  • the number of detached homes going under contract rose 27.4 percent to 1,373

…

32184 Views, 0 Comments

Read Full Post

Have you heard that there is an R-22 Freon Phaseout?

As of January 2020 it will be illegal to import or manufacture R-22 and R-410A will take its place as a more environmentally friendly option. As R-22 supplies deplete the cost will increase.

The lifespan of a current air conditioners is 15 to 20 years so by 2030 industry experts agree that most all old units will have been replaced or need replacement.

Call our office to see how you can protect yourself if you air conditioner fails. (505) 886-1432.

892 Views, 0 Comments

Read Full Post