ARCHIVED BLOG POSTS
For generations, the homebuying process never really changed. The seller would try to estimate the market value of the home and tack on a little extra to give themselves some negotiating room. That figure would become the listing price of the house. Buyers would then try to determine how much les...
Right now, the housing market is full of outstanding opportunities for both buyers and sellers. Whether you’re thinking of buying your first home, moving up to a bigger one, or selling so you can downsize this spring, there are perks today that are powering big moves for people across the country...
Mortgage rates are on the rise this year, but they’re still incredibly low compared to the historic average. However, anytime there’s a change in the mortgage rate, it affects what you can afford to borrow when you’re buying a home. As Sam Khater, Chief Economist at Freddie Mac, shares:“Since Jan...
As more people continue to identify their changing needs this year, some are turning to the upscale housing sector for more space or finer features. In their most recent Luxury Market Report, the Institute for Luxury Home Marketing (ILHM) shares:“In a snapshot of 2020, despite the devasting effec...
Keller Williams Realty Riverside located at 6240 Riverside Plaza Ln Ste 100, Albuquerque, NM 87120 is the perfect company to go to for finding that perfect home in Albuquerque, New Mexico. They have streamlined the process just listed homes for sale of buying or selling a home to make it easier f...
Look at the decline from July 2018 to February 2021!This is a good visual aid to understand why we are experiencing multiple offer scenarios with our Buyer's. We are experiencing low inventory levels across the country. It's very important you pick a team that has the experience to get that winni...
There are a lot of misconceptions about buying or selling a home today, making it challenging to know exactly how to navigate the current real estate landscape. Here’s a little clarity when it comes to 5 common myths about the 2021 housing market. With these busted myths in hand, be sure to also...
We have been working with numerous buyers looking to purchase a home for sale in Albuquerque. With low inventory levels driven by historic low interest rates and the current forebearance that is in place for home owners, it has become challenging for FHA/VA buyers. Cash buyers and in some cases c...
It's definitely a seller's market. I have buyers, and I must write creative offers. I wake up and have my coffee. I then login to flexmls. I see the low inventory we have. I start reserving showings and that's complicated. Listings getting multiple showings. Buyers are making offers without even ...