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 ...
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Posted by Missy Ashcraft on December 12, 2017 in Market Statistics
Why Getting Pre Approved Should be Your First Step
In many markets across the country, the number of buyers searching for their dream homes greatly outnumbers the number of homes for sale. This has led to a competitive marketplace where buyers often need to stand out. One way to show you ...
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Posted by Missy Ashcraft on December 12, 2017 in Buying a Home
The #1 Reason to List Your House Right Now
Many people believe that selling their house during “the spring buyers’ market” is the best thing to do. Their reasoning is that there will be more buyers than there are during the winter months and, therefore, their ...
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Posted by Missy Ashcraft on December 7, 2017 in Selling Your Home
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 ...
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Posted by Missy Ashcraft on December 6, 2017 in Market Statistics
9 Things You Should Ask Your Realtor Before Moving In
Jennifer just closed on her very first home, a cornflower blue and white bungalow with a big front porch on a tidy cul de sac. She’s ecstatic as she thanks her Realtor for all his help, he opens the lockbox from her home for the very ...
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Posted by Missy Ashcraft on December 5, 2017 in Buying a Home
Why Is There So Much Paperwork in a Mortgage?
Why is there so much paperwork mandated by the lenders for a mortgage loan application when buying a home today? It seems that they need to know everything about you and requires three separate sources to validate each and every entry ...
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Posted by Missy Ashcraft on December 5, 2017 in Buying a Home
ART's a Hit at the Start
By Maddy Hayden And Matthew Reisen / Journal Staff Writers
Sunday, November 26th, 2017 at 12:05am
An Albuquerque Rapid Transit bus cruises past the station at Central and Coors during a trip from the West Side to the Albuquerque BioPark ...
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Posted by Missy Ashcraft on December 2, 2017 in Local News
National Median Days on Market Drops to 34...How did NM do?
Some Highlights:
The National Association of REALTORS® surveyed their members for their Confidence Index.
The REALTORS® Confidence Index is a key indicator of housing market strength based on a monthly survey sent ...
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Posted by Missy Ashcraft on December 1, 2017 in Market Statistics