Market Statistics

The Tale of Two Markets

Some Highlights: An emerging trend for some time now has been the difference between available inventory and demand in the premium and luxury markets and that in the starter and trade-up markets and what those differences are doing to ...

Read More

Where Are Interest Rates Headed in 2019?

The interest rate you pay on your home mortgage has a direct impact on your monthly payment. The higher the rate, the greater the payment will be. That is why it is important to know where rates are headed when deciding to start your home search....

Read More

NM Home Sales on Track for Banner Year

BY ABQJOURNAL NEWS STAFF Friday, November 16th, 2018 at 10:41am ALBUQUERQUE, N.M. — New Mexico’s housing market is on track for a banner year, bucking a slowdown or leveling off of home sales in other parts of the country, ...

Read More

Further Proof It’s NOT 2008 All Over Again

Home sales numbers are leveling off, the rate of price appreciation has slowed to more historically normal averages, and inventory is finally increasing. We are headed into a more normal housing market. However, some are seeing these adjustments as ...

Read More

November 2017 Market Statistics

Click here to download the November 2017 Local Market Snapshot reports, presented by zip code and MLS area. Highlights the median detached home price rose 9.1 percent to $199,650 the average detached price increased 8.4 percent ...

Read More

Home Prices Up 7% Over Last Year

According to CoreLogic’s latest Home Price Index, national home prices have appreciated by 7.0% from October 2016 to October 2017. This marks the second month in a row with a 7.0% year-over-year increase. A lack of ...

Read More

Existing Home Sales Slowed by a Lack of Listings

Some Highlights: The inventory of existing homes for sale has dropped year-over-year for the last 29 consecutive months and is now at a 3.9-month supply. Existing home sales are currently at an annual pace of 5.48 million, the highest pace since ...

Read More