Found 7 blog entries tagged as nm.

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

Highlights (the highlights are a comparison between February 2019 and February 2020)

  • the median detached home price rose 12.7 percent to $230,000
  • the average detached home price rose 9.7 percent to $266,264
  • overall inventory of detached homes for sale decreased  35.3  percent to 1,553
  • the number of closed sales for detached homes increased 6.7 percent to 809
  • the number of detached homes going under contract rose 25.9 percent to 1,195

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If you are thinking of selling this may be one of the best markets in the last 12 years. We have ready, willing and able buyers looking to make offers. If you have a home in the Albuquerque, Rio Rancho and surrounding this may be the time to consider selling to get the most amount of money.

We have seen homes consistently sell for thousands over list price.  Please give us a call (505) 886-1432 or Click Here.

Check your home value here www.MyHomeValueNM.com

  • $375,000 in Albuquerque or Rio Rancho, NM
  • $430,000 Northeast Albuquerque, NM
  • $200,000 Rio Rancho and Albuquerque, NM
  • $400,000 Northeast/Southeast Albuquerque
  • $325,000 North Valley
  • $450,000 North Valley
  • $375,000 Corrales
  • $200,000 Northeast
  • $225,000 North…

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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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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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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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