Albuquerque - This page will describe what a short sale is as well as the in's and out's of short sale transaction. I will give tips to consumers on how to successfully complete a short sale transaction.

You have probably been hearing the news about the Federal Reserve cutting the interest rate unexpectedly. This cut has definitely had an effect on mortgage rates as I have seen as low as 3.25% and some reporting lower rates that have been locked in.

If you are interested in learning more about saving thousands on your mortgage give us a call at (505) 886-1432. View your home value at www.MyHomeValueNM.com

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This NW home in the Story Rock subdivision didn't last long with multiple offers over list price during the first 6 hours of listing. The open house was madness.

With the right energy and marketing strategy we can help you sell fast!

Check your home value at MyHomeValueNM.com Call us at (505) 886-1432.

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Here are some local happenings fun for the whole family!

Mar 28 | Great New Mexico Food Truck & Craft Beer Festival

Mar 12 | Monster Jam Arena Tour

Mar 29 | Rio Grande Arts and Crafts Festival

Mar 14 | Sandia Speedway's Original Lantern Festival

Mar 7   | The Harlem Globetrotters in Rio Rancho

Check your home value at MyHomeValueNM.com

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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

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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

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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.

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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.

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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

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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

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