The NMWelcomeHome Team Blog - Luxury Homes For Sale

Immediate Cash Offers For Your Home

Thinking About Selling and Want Full Market Value?​

Selling your home can be a daunting and time-consuming process, especially when you're navigating the traditional real estate market. However, for homeowners in New Mexico, there's a faster, more efficient alternative: receiving immediate multiple cash Market Value offers through services like

CashOffersNM.com​

What Are Immediate Multiple Cash Offers?

Immediate multiple cash offers refer to the process where homeowners receive several purchase offers from cash buyers shortly before or after listing their property. These offers are typically made by investors or companies looking to purchase homes quickly, without the usual contingencies and delays associated with traditional sales.​

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Private Market Listings

Private Market Listings

Private market listings, also known as off-market properties, are exclusive real estate deals not publicly advertised. Unlike MLS-listed homes, these properties are shared through private networks, offering buyers access to hidden opportunities with less competition and better negotiating power. Many high-value homes and investment properties never reach the public market, making off-market deals ideal for serious buyers looking for unique opportunities.

By working with a well-connected real estate professional, networking with investors, or partnering with wholesalers, you can gain access to exclusive, off-market deals before they become widely available. These properties often sell faster, with sellers preferring privacy…

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Things to do February 2025

February 2025 Events in Albuquerque & Rio Rancho

February may be a winter month, but the fun doesn’t slow down in the Albuquerque and Rio Rancho area! Whether you’re looking for a family day out or an adult-focused evening, there’s plenty to explore. Here are some events to consider this month:

1. Valentine’s Day Wine & Dine (Adults Only, 21+)

• Location: Casa Rondeña Winery, Albuquerque
• Short Description: Celebrate the season of love with a romantic evening of fine wine, gourmet food pairings, and live music.
• Date & Time: February 14, 2025, 6:00 PM–9:00 PM

2. Lobo Men’s Basketball Game (Family-Friendly)

• Location: The Pit (Dreamstyle Arena), University of New Mexico, Albuquerque
• Short Description: Cheer on the UNM Lobos as…

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Market Statistics January 2025

January 2025

As the real estate market in Albuquerque and Rio Rancho continues to evolve, it's essential to stay informed about the latest trends and statistics. In this update, we'll delve into the most recent market data to help buyers and sellers make informed decisions.

January 2025 Market Statistics

According to the latest reports from the Greater Albuquerque Association of REALTORS® (GAAR), the housing market has experienced notable changes compared to the same period last year:

• Median Detached Home Price: Increased by 5.7% to $368,945.
• Average Detached Home Price: Rose by 6.8% to $422,967.
• Inventory of Detached Homes for Sale: Expanded by 17.1% to 1,770 units.

These figures indicate a robust growth in home values,…

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Tough Selling a Home In This Market?

Selling Your Home in Today’s Market: Proven Strategies to Get It Sold

The real estate market is constantly evolving, and selling a home today requires a strategic approach. Whether you’re dealing with high interest rates, shifting buyer demand, or increased competition, the right tactics can make all the difference. Our team has the experience and tools to help you navigate the current market and get your home sold for the best price in the shortest time.

Understanding the Market

Before listing your home, it's crucial to understand the local market conditions. Are homes selling quickly, or are they sitting for months? Are buyers looking for move-in-ready properties, or are they willing to take on renovations? Our team provides a comprehensive…

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Reverse Mortgage. What is it and can it work for you?

Reverse Mortgages for Seniors: What You Need to Know

As seniors approach retirement, financial stability becomes a top priority. For those who own their homes, a reverse mortgage can be a tool to unlock equity and provide additional cash flow. But how does it work, and is it the right choice for you?

What Is a Reverse Mortgage?

A reverse mortgage allows homeowners aged 62 and older to convert part of their home equity into cash without selling their home. Unlike a traditional mortgage, where you make monthly payments to the lender, with a reverse mortgage, the lender pays you. The loan is repaid when you sell the home, move out permanently, or pass away.

Key Benefits

Supplement Retirement Income:

The funds can help cover living…

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Soon To Hit The Market!

30 MONTE VISTA Drive NE, Rio Rancho, NM 87124

List Price: $489,900

Square Feet: 3,227

Bedrooms: 5 with Loft

Baths: 3.5

Welcome to 30 Monte Vista in the desirable Loma Colorado neighborhood of Rio Rancho! This spacious 2-story home offers 5 bedrooms, 4 bathrooms, and a versatile loft space. With a bedroom conveniently located on the downstairs level, this home is perfect for multi-generational living or guests. The open layout features bright living areas, a open kitchen, and plenty of storage throughout. Enjoy the beautiful surroundings of Loma Colorado, with easy access to parks, schools, and shopping. Don't miss the chance to make this stunning home yours!

Call Megan Gallegos to get the first look! 505-401-8108

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July 2024 Market Statistics

July 2024 Market Statistics

Highlights (the highlights are a comparison between July 2023 and July2024)

• Median detached home price increased 5.8 percent to $370,305
• Average detached home price increased 6.0 percent to $434,146
• Overall inventory of detached homes for sales increased 23.7 percent to 1623

Additional Reports

• July 2024 Showings Report
• July 2024 Local Market Snapshot Reports (by zip code & MLS Area)

Credit GAAR.com

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How I Sold This Home In 14 Days

This is How...

The current absorption (marketing time) to sell a home now is 2.84 months. Home inventory is rising and interest rates have not fallen as expected, yet I was able to put this home on the market and get it sold! If you would like to have your home sell fast, give me a call to see how my marketing plan can work for you. Here is how I did it!

Initial Steps:

• Sign a Listing Agreement
• Take professional photos w/3D Tour and floor plan
• Secure all details regarding the property
• List in 'Coming Soon' status - This is a pre-MLS listing status that allows agents to share with their clients.
• Put up a sign and lockbox
• Create a 'Coming Soon' social media ad
• Once Active initiate the below and send out to all agents using…

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Solar Failing?

Solar System Inspections

Over the years, solar energy systems have become increasingly popular, but as they age, several issues can arise. Some systemsmay have been improperly installed, the original installer may have gone out of business, or the solar panel type may no longer be accepted by PNM. Additionally, problems such as insufficient energy output, compromised panels, or faulty wiring can affect system performance. This is why it's crucial to consider having your solar setup inspected by a professional solar inspection company. A comprehensive inspection provides a detailed 15-page report, which covers:

• System Type
• Number of Panels
• Manuracturer
• Warranty status on panesl
• Condition and size of batteries
• Warranty Info
• …

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