Buyers Are Finding More Space in the Luxury Home Market
A year ago, additional space and extra amenities had a very different feel for homebuyers. Today, the health crisis has brought to light how valuable more square footage and carefully designed floorplans can be. Home offices, multi-purpose rooms, gyms, and theaters are becoming more popular...
#VenturiTeam #KellerWilliams #RealEstate #ABQ
SIMPLIFYINGTHEMARKET.COM
Buyers Are Finding More Space in the Luxury Home Market
7 Reasons to be a sell you home now.
September 2020 Home Sales data for Albuquerque
https://welcomehomeabq.com
Rising Home Equity Can Power Your Next Move [INFOGRAPHIC]
Some Highlights
According to CoreLogic, homeowners across the country are gaining significant equity.
Over the past year, the average homeowner gained $9,800 in equity, growing their overall net worth.
If you’re ready to sell your house and begin looking for your dream home...
#VenturiTeam #KellerWilliams #RealEstate #ABQ
SIMPLIFYINGTHEMARKET.COM
Rising Home Equity Can Power Your Next Move
7 Reasons to be a sell you home now.
September 2020 Home Sales data for Albuquerque
https://welcomehomeabq.com
ABQ Real Estate Talk #337 Oct 3, 2020
Average price per square foot for homes sold in the #Albuquerque Area 2003 through Sep 2020. over the past 12 months, it has increased by 7.1%.
Heathy, steady appreciation over the past 6-7 years. Compare that to 2004 to 2007.
ABQ.STATS.SHOWINGTIME.COM
Average Price Per Square Foot for Entire MLS and more
💥 Just Listed Alert💥 $265,000
📍 8340 RUIDOSO Road NE Albuquerque, NM 87109 📍
➡️ Full Property Details ➡️ http://zpr.io/Hh9ga
#JustListed #Albuquerque #VenturiRealty #RealEstate #KellerWilliams #NewMexico
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8340 Ruidoso Road NE Albuquerque, NM 87109 | $265,000 | Venturi Realty
Do You Have Enough Money Saved for a Down Payment?
One of the biggest misconceptions for first-time homebuyers is how much you’ll need to save for a down payment. Contrary to popular belief, you don’t always have to put 20% down to buy a house. Here’s how it breaks down.
A recent survey by Point2Homes mentions that 74% of millennials...
#VenturiTeam #KellerWilliams #RealEstate #ABQ
SIMPLIFYINGTHEMARKET.COM
Do You Have Enough Money Saved for a Down Payment?
6 Reasons You’ll Win by Selling with a Real Estate Agent This Fall
There are many benefits to working with a real estate professional when selling your house. During challenging times, like what we face today, it becomes even more important to have an expert you trust to help guide you through the process. If you’re considering selling on your own, known in...
#VenturiTeam #KellerWilliams #RealEstate #ABQ
SIMPLIFYINGTHEMARKET.COM
6 Reasons You’ll Win by Selling with a Real Estate Agent This Fall
Come and join us for the Fall Fun!
📷 Free Fall Themed Professional Portraits!
🎃 Free Pumpkins!
🤩 Drawing for a special giveaway!
👉 Schedule your photo timeslot here https://www.katebucklesphotography.com/harvest2020
Should You Buy a Retirement Home Sooner Rather than Later?
Every day in the U.S., roughly 10,000 people turn 65. Prior to the health crisis that swept the nation in 2020, most people had to wait until they retired to make a move to the beach, the golf course, or the senior living community they were looking to settle into for their later years in life...
#VenturiTeam #KellerWilliams #RealEstate #ABQ
SIMPLIFYINGTHEMARKET.COM
Should You Buy a Retirement Home Sooner Rather than Later?
Why do people decide its time to buy a home. What's the motivation? Other buyer trends.
Home price trend in ABQ. Is it slowing down?
Homes of the week.
https://welcomehomeabq.com
Thinking of Moving? [INFOGRAPHIC]
Some Highlights
If you’re ready to sell your house but you’re worried about finding one to move into, why not invest in a brand-new home built just for you?
New construction is on the rise, so it’s a great time to think about a custom home to fit your family’s changing needs...
#VenturiTeam #KellerWilliams #RealEstate #ABQ
SIMPLIFYINGTHEMARKET.COM
Thinking of Moving?
Real Estate Continues to Show Unprecedented Strength This Year
The 2020 housing market has surpassed all expectations and continues to drive the nation’s economic recovery. The question is, will this positive trend continue throughout the rest of the year, especially given the uncertainty around the current health crisis, the upcoming election, and...
#VenturiTeam #KellerWilliams #RealEstate #ABQ
SIMPLIFYINGTHEMARKET.COM
Real Estate Continues to Show Unprecedented Strength This Year
Do You Need to Know More about Forbearance and Mortgage Relief Options?
Earlier this year when the nation pressed pause on the economy and unemployment rates jumped up significantly, many homeowners were immediately concerned about being able to pay their mortgages, and understandably so. To assist in this challenging time, two protection plans were put into place...
#VenturiTeam #KellerWilliams #RealEstate #ABQ
SIMPLIFYINGTHEMARKET.COM
Do You Need to Know More about Forbearance and Mortgage Relief Options?
Spotlight on the far NE Heights and foothills. https://welcomehomeabq.com/albuquerque-homes-far-northeast/
Can You Dip Into Your IRA to Buy a First Home? Should You?
Home Buyers / Second Homes or Investment Homes, partial ownership.
Housing & homebuilder stocks.
https://welcomehomeabq.com
How to Prepare for a Bidding War [INFOGRAPHIC]
Some Highlights
With so few houses available on the market today, being ready for a bidding war is essential for prospective homebuyers.
From pre-approval to making your best offer, here are three tips to make sure you can act quickly and confidently when you find the perfect home...
#VenturiTeam #KellerWilliams #RealEstate #ABQ
SIMPLIFYINGTHEMARKET.COM
How to Prepare for a Bidding War
Spotlight on the far NE Heights and foothills. https://welcomehomeabq.com/albuquerque-homes-far-northeast/
Can You Dip Into Your IRA to Buy a First Home? Should You?
Home Buyers / Second Homes or Investment Homes, partial ownership.
Housing & homebuilder stocks.
https://welcomehomeabq.com
ABQ Real Estate Talk #339 Oct 17, 2020
Why Selling Your House Before Next Spring Is Key
Today's housing market is empowering homeowners with the control they want when selling their house, but as home inventory begins to rise, this fair weather won't last forever. Let's connect to start the process of selling your house now while it's still the best time to do so...
#VenturiTeam #KellerWilliams #RealEstate #ABQ
Home Values Projected to Keep Rising
As we enter the final months of 2020 and continue to work through the challenges this year has brought, some of us wonder what impact continued economic uncertainty could have on home prices. Looking at the big picture, the rules of supply and demand will give us the clearest idea of what is to...
#VenturiTeam #KellerWilliams #RealEstate #ABQ
SIMPLIFYINGTHEMARKET.COM
Home Values Projected to Keep Rising
Buy vs rent. Not just the numbers.
Question of the week: What are escrow accounts as it relates to mortgages?
Homes of the week.
Mortgage Application Data. >>> Buyer demand stays strong
Home price forecasts from the "Experts".
https://welcomehomeabq.com
Gorgeous downtown living, come see this home today at the open house, Saturday the 24th from 12-2!!
SIMPLIFYINGTHEMARKET.COM
Selling Your House Is the Right Move, Right Now
Buy vs rent. Not just the numbers.
Question of the week: What are escrow accounts as it relates to mortgages?
Homes of the week.
Mortgage Application Data. >>> Buyer demand stays strong
Home price forecasts from the "Experts".
https://welcomehomeabq.com
ABQ Real Estate Talk #340 Oct 24 2020
Selling Your House Is the Right Move, Right Now [INFOGRAPHIC]
Some Highlights
Demand from homebuyers has skyrocketed this year, which means today’s sellers are poised to win big. This ideal moment in time to sell your house won’t last forever, though.
With more sellers coming to the market in the spring, waiting until next year means buyers...
#VenturiTeam #KellerWilliams #RealEstate #ABQ
SIMPLIFYINGTHEMARKET.COM
Selling Your House Is the Right Move, Right Now
Three Ways Low Inventory Is a Win for Sellers
The number of houses for sale today is significantly lower than the high buyer activity in the current housing market. According to Lawrence Yun, Chief Economist for the National Association of Realtors (NAR):
"There is no shortage of hopeful, potential buyers, but inventory is historically...
#VenturiTeam #KellerWilliams #RealEstate #ABQ
SIMPLIFYINGTHEMARKET.COM
Three Ways Low Inventory Is a Win for Sellers
I've seen a lot of creative Halloween messages floating through Facebook, about haunted houses, ghosts, etc. Tego and I dress up as House Doctors every year. I love it, he thinks it corny. When he decides to pick costumes, we might do something different. Until then, we're the House Dr's, at your service! Enjoy the day!
Should I Renovate My House Before I Sell It? [INFOGRAPHIC]
Some Highlights
In today’s hyper-competitive market, buyers are often willing to overlook cosmetic or minor repair needs if it means snagging a home in their price range.
With so few houses available for sale today, you may be able to skip the bigger renovations before you sell and...
#VenturiTeam #KellerWilliams #RealEstate #ABQ
SIMPLIFYINGTHEMARKET.COM
Should I Renovate My House Before I Sell It?
Don't Fear the Real Estate Market
Fear should never be a factor when navigating the housing market. Whether you're buying or selling a home this fall, let's connect to make sure you're empowered to take the safest path...
#VenturiTeam #KellerWilliams #RealEstate #ABQ
Buyer Interest Is Growing among Younger Generations
The demand for homes this year is extraordinary as record-breaking numbers of hopeful buyers continue to shop for homes. In a normal year, the peak homebuying season comes to a close by early fall. However, 2020 is anything but a normal year, and the housing market is no exception. Lawrence...
#VenturiTeam #KellerWilliams #RealEstate #ABQ
SIMPLIFYINGTHEMARKET.COM
Buyer Interest Is Growing among Younger Generations
Homeownership Is a Key to Building Wealth
For years, real estate has been considered the best investment you can make. A major reason for this is due to the net worth a household gains through homeownership. In fact, according to the 2019 Survey of Consumer Finance Data from the Federal Reserve, for the average homeowner:
“…a...
#VenturiTeam #KellerWilliams #RealEstate #ABQ
SIMPLIFYINGTHEMARKET.COM
Homeownership Is a Key to Building Wealth
Is it Safe to Sell My House Right Now?
In today’s real estate market, the buzz is all about how it’s a great time to sell your house. Buyer demand is high, and there simply aren’t enough homes available to buy to meet that growing need. This means now is the time to make a move so you can close the deal on your ideal...
#VenturiTeam #KellerWilliams #RealEstate #ABQ
SIMPLIFYINGTHEMARKET.COM
Is it Safe to Sell My House Right Now?
Why the 2021 Forecast Doesn’t Call for a Foreclosure Crisis
As the current forbearance mortgage relief options come to an end, many are wondering if we’ll face a foreclosure crisis next year. This is understandable, especially for those who remember the housing crisis that began in 2008. The reality is, plans have been put in place through forbearance...
#VenturiTeam #KellerWilliams #RealEstate #ABQ
SIMPLIFYINGTHEMARKET.COM
Why the 2021 Forecast Doesn’t Call for a Foreclosure Crisis
October Homes sales stay strong. The Numbers.
These Pandemic-Related Housing and Design Trends Aren't Going Away
Rent prices are also up!
Homes of the weeks.
https://welcomehomeabq.com
Making a Home for the Brave Possible [INFOGRAPHIC]
Some Highlights
VA Home Loans provide unique opportunities for Veterans, active-duty personnel, and their families in recognition of their service to our Nation.
For eligible individuals, options associated with VA Loans can help make the dream of homeownership a reality.
If you or...
#VenturiTeam #KellerWilliams #RealEstate #ABQ
SIMPLIFYINGTHEMARKET.COM
Making a Home for the Brave Possible
Experts Project Home Price Appreciation Into Next Year
Experts agree the 2021 forecast is calling for continued home price appreciation. Let's connect to get your house ready to sell while home values are still rising in your favor...
#VenturiTeam #KellerWilliams #RealEstate #ABQ
Why Working from Home May Spark Your Next Move
If you’ve been working from home this year, chances are you’ve been at it a little longer than you initially expected. Businesses all over the country have figured out how to operate remotely to keep their employees healthy, safe, and productive. For many, it may be carrying into next year...
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SIMPLIFYINGTHEMARKET.COM
Why Working from Home May Spark Your Next Move
Winter Will Bring a Flurry of Activity to the Housing Market
In the second half of this year, the housing market surged with activity. Today, real estate experts are looking ahead to the winter season and the forecast is anything but chilly. As Lawrence Yun, Chief Economist for the National Association of Realtors (NAR), notes:
“It will be one of the...
#VenturiTeam #KellerWilliams #RealEstate #ABQ
SIMPLIFYINGTHEMARKET.COM
Winter Will Bring a Flurry of Activity to the Housing Market
Will winter bring a flurry of real estate activity. https://bit.ly/2GVOKUZ
Oct Market data.
The "Players" in real estate: This week, what is Title, Escrow, and Title Insurance?
Will winter bring a flurry of real estate activity. https://bit.ly/2GVOKUZ
Oct Market data.
The "Players" in real estate: This week, what is Title, Escrow, and Title Insurance?
Albuquerque Real Estate Talk #343 Noc 14, 2020
Home remodel update. Lots of work on the "bones" of the house.
Tips to Sell Your House Safely Right Now [INFOGRAPHIC]
Some Highlights
Your agent now has over 6 months of experience selling houses during the pandemic and can make the process easier and safer for you today.
COVID-19 protocols and technology usage recommendations from the National Association of Realtors (NAR) are making it possible to...
#VenturiTeam #KellerWilliams #RealEstate #ABQ
SIMPLIFYINGTHEMARKET.COM
Tips to Sell Your House Safely Right Now
Don’t Let Buyer Competition Keep You from Purchasing a Home
This year’s record-low mortgage rates sparked high demand among homebuyers. Current homeowners, however, haven’t put their houses on the market so quickly. This makes finding a home to buy today challenging for many potential buyers. With an obstacle like this, those searching for their...
#VenturiTeam #KellerWilliams #RealEstate #ABQ
SIMPLIFYINGTHEMARKET.COM
Don’t Let Buyer Competition Keep You from Purchasing a Home
Will Mortgage Rates Remain Low Next Year?
In 2020, buyers got a big boost in the housing market as mortgage rates dropped throughout the year. According to Freddie Mac, rates hit all-time lows 12 times this year, dipping below 3% for the first time ever while making buying a home more and more attractive as the year progressed (See...
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SIMPLIFYINGTHEMARKET.COM
Will Mortgage Rates Remain Low Next Year?
ABQ Real Estate Talk #344 - Nov 21, 2020
Is Real Estate shutdown? What has happened with homes on the market this week?
Economic Impact of Real Estate in Albuquerque.
Home Inspections. Why, How, What?
https://welcomehomeabq.com
ABQ Real Estate Talk #344 - Nov 21, 2020
Is Real Estate shutdown? What has happened with homes on the market this week?
Economic Impact of Real Estate in Albuquerque.
Home Inspections. Why, How, What?
https://welcomehomeabq.com
ABQ Real Estate Talk #344 - Nov 21, 2020
It Pays to Sell with a Real Estate Agent [INFOGRAPHIC]
Some Highlights
Today, it’s more important than ever to have an expert you trust to guide you as you sell your house.
From your safety throughout the process to the complexity of negotiating the deal, you need a professional on your side.
Before you decide to take on the challenge...
#VenturiTeam #KellerWilliams #RealEstate #ABQ
SIMPLIFYINGTHEMARKET.COM
It Pays to Sell with a Real Estate Agent
Remodel project update
Your House May Be High on the Buyer Wish List This Holiday Season
Around this time each year, many homeowners decide to wait until after the holidays to sell their houses. Similarly, others who already have their homes on the market remove their listings until the spring. Let’s unpack the top reasons why selling your house now, or keeping it on the market...
#VenturiTeam #KellerWilliams #RealEstate #ABQ
SIMPLIFYINGTHEMARKET.COM
Your House May Be High on the Buyer Wish List This Holiday Season
Key Terms to Know in the Homebuying Process [INFOGRAPHIC]
Some Highlights
Buying a home can be intimidating if you’re not familiar with the terms used throughout the process.
To point you in the right direction, here’s a list of some of the most common language you’ll hear along the way.
The best way to ensure your homebuying process...
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SIMPLIFYINGTHEMARKET.COM
Key Terms to Know in the Homebuying Process
Thank You for Your Support
 ...
#VenturiTeam #KellerWilliams #RealEstate #ABQ
SIMPLIFYINGTHEMARKET.COM
Thank You for Your Support
Thank You for Making Me Your Trusted Advisor
Thank you for your business, referrals, and your partnership for life. Let’s connect to continue down the path toward your homeownership goals...
#VenturiTeam #KellerWilliams #RealEstate #ABQ
Is Buying a Home Today a Good Financial Move?
There’s no doubt 2020 has been a challenging year. A global pandemic coupled with an economic recession has caused heartache for many. However, it has also prompted more Americans to reconsider the meaning of “home.” This quest for a place better equipped to fulfill our needs, along with...
#VenturiTeam #KellerWilliams #RealEstate #ABQ
SIMPLIFYINGTHEMARKET.COM
Is Buying a Home Today a Good Financial Move?
The Path to Homeownership [INFOGRAPHIC]
Some Highlights
If you’re thinking of buying a home and not sure where to start, you’re not alone.
Here’s a map with 10 simple steps to follow in the homebuying process.
Let’s connect today to discuss the specific steps along the way in our local area...
#VenturiTeam #KellerWilliams #RealEstate #ABQ
SIMPLIFYINGTHEMARKET.COM
The Path to Homeownership
5 Reasons to Sell Your House This Holiday Season.
November Market Data. https://welcomehomeabq.com/albuquerque-real-estate-trends-2/
Historic Low number of homes on the market.
Prices up substantially YoY (8.7%+-) but have flatted in the past month.
The luxury market has been on fire. https://welcomehomeabq.com/albuquerque-luxury-real-estate-market-data/
YTD Sales are now ahead of 2019… and all previous years for that matter.
Prepping you home for photography.
https://welcomehomeabq.com/
5 Reasons to Sell Your House This Holiday Season.
November Market Data. https://welcomehomeabq.com/albuquerque-real-estate-trends-2/
Historic Low number of homes on the market.
Prices up substantially YoY (8.7%+-) but have flatted in the past month.
The luxury market has been on fire. https://welcomehomeabq.com/albuquerque-luxury-real-estate-market-data/
YTD Sales are now ahead of 2019… and all previous years for that matter.
Prepping you home for photography.
https://welcomehomeabq.com/
ABQ Real Estate Talk #345 - Dec 5, 2020
5 Reasons to Sell Your House This Holiday Season
This holiday season may be the perfect time to sell your house. Let's connect to discuss how today's buyer demand is presenting the greatest opportunities for sellers...
#VenturiTeam #KellerWilliams #RealEstate #ABQ
Why is Title, Escrow, and Title Insurance important for New Mexico home owners? -
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Why is Title, Escrow, and Title Insurance important for New Mexico home owners?
A New Way to Shop for Homes in a Virtual World
In a year when we’re learning to do so much remotely, homebuying is no exception. From going to work to attending school, grocery shopping, and even seeing our doctors online, digital practices have changed the way we live.
This year, rather than delaying their home purchases, buyers...
#VenturiTeam #KellerWilliams #RealEstate #ABQ
SIMPLIFYINGTHEMARKET.COM
A New Way to Shop for Homes in a Virtual World
Winning as a Buyer in a Sellers’ Market [INFOGRAPHIC]
Some Highlights
Buying a home in today’s sellers’ market doesn’t have to feel like an uphill battle.
Here are four ways to make sure you’re positioned for success when making a home purchase, even when the scale tips toward sellers.
Let's connect to make sure you're armed for victory in the housing market this season.
#VenturiTeam #KellerWilliams #RealEstate #ABQ
SIMPLIFYINGTHEMARKET.COM
Winning as a Buyer in a Sellers’ Market
Pro Staging Tips: Prepping your Albuquerque Home for Photos -
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Pro Staging Tips: Prepping your Albuquerque Home for Photos
In #NewMexico the average homeowner gained $20,000 in equity YoY Q3 2019 to Q3 2020. 😍💪
https://www.corelogic.com/news/home-equity-reaches-record-highs-homeowners-gained-over-1-trillion-in-equity-in-q3-2020-corelogic-reports.aspx
Tego Venturi
December 10 at 12:18 PM ·
In #NewMexico the average homeowner gained $20,000 in equity YoY Q3 2019 to Q3 2020. 😍💪
https://www.corelogic.com/news/home-equity-reaches-record-highs-homeowners-gained-over-1-trillion-in-equity-in-q3-2020-corelogic-reports.aspx?WT.mc_id=twtr_201210_yveR7
How to buy and sell simultaneously.
What the Experts are Saying about the 2021 real estate market. Interest Rates? Home Prices? Foreclosure/Forbearance Crisis?
ABQ Real Estate Talk #346 - Dec 12, 2020
Thinking of Buying or Selling a Home This Winter?
Experts forecast a hot real estate market this winter. Let's connect to make sure you have the most current information with the new digital buyer and seller guides.
#VenturiTeam #KellerWilliams #RealEstate #ABQ
Are Home Prices Headed Toward Bubble Territory?
Talk of a housing bubble is beginning to crop up as home prices have appreciated at a rapid pace this year. This is understandable since the appreciation of residential real estate is well above historic annual averages. According to the Federal Housing Finance Agency (FHFA), annual appreciation since 1991 has averaged 3.8%. Here are the latest 2020 appreciation numbers from three reliable sources:
FHFA: 7.8%
CoreLogic: 7.3%
Case-Shiller: 7%
It’s easy to jump to the conclusion that house appreciation is out of control in today’s market. However, we need...
#VenturiTeam #KellerWilliams #RealEstate #ABQ
SIMPLIFYINGTHEMARKET.COM
Are Home Prices Headed Toward Bubble Territory?
5 Steps to Take if You Need Forbearance Relief
Forbearance programs are helping homeowners manage their monthly mortgage payments right now. Let's connect and follow-up with your lender to make sure you have the information you need to make a confident decision.
#VenturiTeam #KellerWilliams #RealEstate #ABQ
3 Reasons to Be Optimistic about Real Estate in 2021
This year will be remembered for many reasons, and optimism is one thing that’s been in short supply since the spring. We’re experiencing a global pandemic, social unrest, an economic downturn, and natural disasters, just to name a few. The challenges brought on by the health crisis have also forced many homeowners to reevaluate their space and what they need in a home going into 2021. So, experts are forecasting that next year is one in which we can be optimistic about real estate for three key reasons.
1. The Economy Is Expected to Continue Improving
Tim...
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SIMPLIFYINGTHEMARKET.COM
3 Reasons to Be Optimistic about Real Estate in 2021
2021 Predictions! Experts sound off about ABQ real estate in the new year -
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2021 Predictions! Experts sound off about ABQ real estate in the new year
The Holidays Aren’t Stopping Homebuyers This Year
Black Friday and Cyber Monday are behind us, yet finding the perfect holiday gifts for friends and family is certainly still top of mind for many right now. This year, there’s another type of buyer that’s very active this holiday season – the homebuyer.
Each month, ShowingTime releases their Showing Index which tracks the average number of appointments received on active U.S. house listings. The most recent index notes:
“The Showing Index reported a 60.9 percent jump in nationwide showing traffic year over year in October, the sixth consecutive...
#VenturiTeam #KellerWilliams #RealEstate #ABQ
SIMPLIFYINGTHEMARKET.COM
The Holidays Aren’t Stopping Homebuyers This Year
Andrew Medina... Taking care of business. ⭐️⭐️⭐️⭐️⭐️
Andrew Medina is in Albuquerque, New Mexico.
December 14 at 7:19 PM · Albuquerque, NM ·
And that’s a wrap on Desert Green Estates for Fellowship Homes! Been a long & Crazy journey but stay tuned for our next projects coming up... 👀🎉
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Andrew Medina
Keller Williams Realty | Venturi Realty Group
(505)373-7797
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#andrewyourNMrealtor #kellerwilliamsrealty #abqkellerwilliams #realtor #topteaminNM #albuquerquerealty
#albuquerquerealestate #albuquerquerealtor #nmrealtor #realestateinvestor #sellingalbuquerque #realestateprofessional #realestatenm #homesforsalealbuquerque #homesforsalenm #homesweethome #realestatealbuquerque #realtorlife
Venturi Realty Group
(505) 448-8888
Mortgage rates remain at historic low rates. The expectation is that they will stay in this range through 2021.
Tego Venturi
December 15 at 8:51 AM ·
Mortage trends and Home price trends are forever intertwined. This series of charts do an excellent job illustrating where we are and where we are expected to go.
Watch the 10 Year T-Bill if you want to predict the future of mortgage rates and, most likely, home prices as well.
Did You Outgrow Your Home in 2020?
It may seem hard to imagine that the home you’re in today – whether it’s your starter home or just one you’ve fallen in love with along the way – might not be your forever home.
Many needs have changed in 2020, and it’s okay to admit if your house no longer fits your lifestyle. If you’re now working remotely, facilitating virtual school, trying to exercise at home, or simply just spending more time in your own four walls, you may be bursting at the seams in your current house.
According to the latest Home Price Insights from CoreLogic, prices have appreciated...
#VenturiTeam #KellerWilliams #RealEstate #ABQ
SIMPLIFYINGTHEMARKET.COM
Did You Outgrow Your Home in 2020?
2021 Albuquerque Real Estate Trends -
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2021 Albuquerque Real Estate Trends
The Difference a Year Makes for Homeownership
Over the past year, mortgage rates have fallen more than a full percentage point, hitting a new historic low 15 times. This is a great driver for homeownership, as today’s low rates provide consumers with some significant benefits. Here’s a look at three of them.
1. Move-up or Downsize: One option is to consider moving into a new home, putting the equity you’ve likely gained in your current house toward a down payment on a new one that better meets your needs – something that’s truly a perfect fit, especially if your lifestyle has changed this year.
2...
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SIMPLIFYINGTHEMARKET.COM
The Difference a Year Makes for Homeownership
Pandemic Relief Help for Albuquerque Renters and Homeowners -
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Pandemic Relief Help for Albuquerque Renters and Homeowners
The Do’s and Don’ts after Applying for a Mortgage
Once you’ve found the right home and applied for a mortgage, there are some key things to keep in mind before you close. You're undoubtedly excited about the opportunity to decorate your new place, but before you make any large purchases, move your money around, or make any major life changes, consult your lender – someone who is qualified to tell you how your financial decisions may impact your home loan.
Below is a list of things you shouldn’t do after applying for a mortgage. They’re all important to know – or simply just good reminders – for the...
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SIMPLIFYINGTHEMARKET.COM
The Do’s and Don’ts after Applying for a Mortgage
Homeowner Equity Increases an Astonishing $1 Trillion
In a year that was financially devastating for many Americans, some good news for most homeowners is the dramatic gain in home equity over the last twelve months. Last week, CoreLogic released its 2020 3rd Quarter Homeowner Equity Insights report, which reveals four major findings:
U.S. homeowners with mortgages have seen their equity increase by a total of $1 trillion since the third quarter of 2019.
The average homeowner gained approximately $17,000 in equity over the past year.
This is a 10.8% increase in equity over last year.
The average...
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SIMPLIFYINGTHEMARKET.COM
Homeowner Equity Increases an Astonishing $1 Trillion
More Generations Are Living Under One Roof This Year
This year challenged us to reprioritize everything - from the way we use our time to where we work, how we socialize and gather together, and our needs at home. For many, this also meant making decisions about how to best support and engage with our extended families, near and far.
In some cases, we weren’t able to see our relatives and loved ones who were living in senior facilities. In others, maybe older children moved back home. Jessica Lautz, Vice President of Demographics and Behavioral Insights for the National Association of Realtors (NAR), says:
“A...
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SIMPLIFYINGTHEMARKET.COM
More Generations Are Living Under One Roof This Year
Why It’s Important to Price Your House Right Today
Even in today’s sellers’ market, setting the right price for your house is one of the most valuable things you can do. According to the U.S. Economic Outlook by the National Association of Realtors (NAR), existing home prices nationwide are forecasted to increase by 4.5% in 2021. This means experts anticipate home values will continue climbing next year. Danielle Hale, Chief Economist for realtor.com, notes:
“We expect price gains to ease somewhat in 2021 and end 5.7% above 2020 levels, decelerating steadily through the spring and summer, and then...
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Why It’s Important to Price Your House Right Today
Turning a House into a Happy Home
We talk a lot about why it makes financial sense to buy a home, but more often than not, we’re drawn to the emotional reasons for homeownership.
No matter the living space, the feeling of a home means different things to different people. Whether it’s a certain scent or a favorite chair, the feel-good connections to our own homes are typically more important to us than the financial ones. Here are some of the reasons why.
1. Owning your home is an accomplishment worth celebrating
You’ve likely worked very hard to achieve this dream, and whether it’s your first home or...
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Turning a House into a Happy Home
Thank You for All Your Support
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Thank You for All Your Support
A Christmas Message from Tego & Tracy -
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A Christmas Message from Tego & Tracy
Why Selling Your House on Your Own Is a Mistake
In today's market, selling your house without an agent's help can be a big mistake. Let's connect to talk about the ways a professional brings greater success to the process.
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Luxury Real Estate in Albuquerque has had an amazing run in 2020 and it looks like it will continue in 2021.
Tego Venturi
3 hrs ·
The Luxury Real Estate market in #Albuquerque caught fire in June and has not slowed. In December 2020 there was a 142% increase in Pending sales over $500k vs 2019. 😲
I have all the data in the Luxury Market posted here. https://welcomehomeabq.com/albuquerque-luxury-real-estate-market-data/
ABQ Real Estate Talk #349 Jan 2, 2021 -
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ABQ Real Estate Talk #349 Jan 2, 2021
Four Expert Views on the 2021 Housing Market
The housing market was a shining star in 2020, fueling the economic turnaround throughout the country. As we look forward to 2021, can we expect real estate to continue showing such promise? Here’s what four experts have to say about the year ahead.
Lawrence Yun, Chief Economist, National Association of Realtors (NAR)
“In 2021, I think rates will be similar or modestly higher, maybe 3%...So, mortgage rates will continue to be historically favorable.”
Danielle Hale, Chief Economist, realtor.com
“We expect sales to grow 7 percent and prices to rise another 5.7...
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Four Expert Views on the 2021 Housing Market
Happy New Year! Today we discuss Real Estate Trends, Opportunities, and some Challenges going into 2021.
Happy New Year! Today we discuss Real Estate Trends, Opportunities, and some Challenges going into 2021.
ABQ Real Estate Talk #349 - Jan 2, 2021
Here's to a Wonderful 2021!
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Here's to a Wonderful 2021!
ABQ Real Estate Talk Jan 9, 2021 -
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ABQ Real Estate Talk Jan 9, 2021
Is This the Year to Sell My House?
If one of the questions you’re asking yourself is, “Should I sell my house this year?” consumer sentiment about selling today should boost your confidence in the right direction. Even with the current health crisis that continues to challenge our nation, Americans still feel good about selling a house. Here’s why.
According to the latest Home Purchase Sentiment Index from Fannie Mae, 57% of consumer respondents to their survey indicate now is a good time to buy a home, while 59% feel it’s a good time to sell one:
“The percentage of respondents who say it is a good...
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Is This the Year to Sell My House?
The weekly rundown on all things real estate.
What better way to close out 2020 and set the stage for 2021 than with 5 stars from some happy clients! Congratulations Shana, Tyler, Chase and Chrishele!
Reasons to Hire a Real Estate Professional [INFOGRAPHIC]
Some Highlights
Choosing the right real estate professional to work with is one of the most important decisions you can make in your homebuying or selling process.
The right agent can explain current market conditions and break down exactly what they mean for you.
If you’re considering buying or selling a home this year, let’s connect so you can work with someone who has the experience to answer all of your questions about pricing, contracts, negotiations, and more.
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Reasons to Hire a Real Estate Professional
New Homes, New Neighborhoods in the Albuquerque and Rio Rancho areas.
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New Homes, New Neighborhoods in the Albuquerque Area
Why Pre-Approval Is Key in 2021
Today's housing market is highly competitive for homebuyers, so it's critical to gain every advantage in the process that you can. Let's connect to make sure pre-approval is one of the first steps you take toward homeownership this year.
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Why Right Now May Be the Time to Sell Your House
The housing market made an incredible recovery in 2020 and is now positioned for an even stronger year in 2021. Record-low mortgage interest rates are a driving factor in this continued momentum, with average rates hovering at historic all-time lows.
According to the latest Realtors Confidence Index Survey from the National Association of Realtors (NAR), buyer demand across the country is incredibly strong. That’s not the case, however, on the supply side. Seller traffic is simply not keeping up. Here’s a breakdown by state:As the maps show, buyer traffic...
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Why Right Now May Be the Time to Sell Your House
Will Forbearance Plans Lead to a Tsunami of Foreclosures?
At the onset of the economic disruptions caused by the COVID pandemic, the government quickly put into place forbearance plans to allow homeowners to remain in their homes without making their monthly mortgage payments. Today, almost three million households are actively in a forbearance plan. Though 29.4% of those in forbearance have continued to stay current on their payments, many have not.
Yanling Mayer, Principal Economist at CoreLogic, recently revealed:
“A distributional analysis of forborne loans’ payment status reveals that more than one third...
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Will Forbearance Plans Lead to a Tsunami of Foreclosures?
The Inventory of Homes For Sale in the #Albuquerque are is the big story this week. "Historically Low Level" is not an understatement, and on top of that off, last week we had 92 Single Family homes come on the market and had 195 come off, not what I wanted to see. We have so many buyers waiting for their next home to be available.
This is the full data on the current "Active" Homes for Sale as well as price trends, and more. This report includes the entire Albuquerque MSA. https://altos.re/r/e3043dcd-1ec1-4872-a9c1-669f42493d18?data=count&fbclid=IwAR1b7_P-SmrkheunUavdhmaBDezIyeR9sS57O4WpoEbDx9r_7UkyBp9lido
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Home Prices Are Up👉Find Out What Your Home May Sell For
4 Reasons People Are Buying Homes in 2021
According to many experts, the real estate market is expected to continue growing in 2021, and it’s largely driven by the lasting impact the pandemic is having on our lifestyles. As many of us spend extra time at home, we’re reevaluating what “home” means and what we may need in one going forward.
Here are 4 reasons people are reconsidering where they live and why they’re expecting to buy a home this year.
1. Record-Low Mortgage Interest Rates
In 2020, the average interest rate for a 30-year fixed mortgage hit a record low 16 times, continuing to fall further...
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4 Reasons People Are Buying Homes in 2021
What Experts Are Saying about the 2021 Job Market
Earlier this month, the Bureau of Labor Statistics (BLS) released their most recent Jobs Report. The report revealed that the economy lost 140,000 jobs in December. That’s a devastating number and dramatically impacts those households that lost a source of income. However, we need to give it some context. Greg Ip, Chief Economics Commentator at the Wall Street Journal (WSJ), explains:
“The economy is probably not slipping back into recession. The drop was induced by new restrictions on activity as the pandemic raged out of control. Leisure and hospitality, which...
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What Experts Are Saying about the 2021 Job Market
The experts are forecasting continued Home Price Appreciation for 2021.
Owning a Home Is Still More Affordable Than Renting One
If spending more time at home over the past year is making you really think hard about buying a home instead of renting one, you’re not alone. You may be wondering, however, if the dollars and cents add up in your favor as home prices continue to rise. According to the experts, in many cases, it’s still more affordable to buy a home than rent one. Here’s why.
ATTOM Data Solutions recently released the 2021 Rental Affordability Report, which states:
“Owning a median-priced three-bedroom home is more affordable than renting a three-bedroom property in...
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Owning a Home Is Still More Affordable Than Renting One
Tego takes a look back at the 2020 #Albuquerque Area Real Estate Market and discusses the moves we saw, the surprises, and where we sit now.
Third quarter Home Equity Record Gain in New Mexico -
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Third quarter Home Equity Record Gain in New Mexico
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More 5 stars from happy clients! Congratulations Tyler and Miguel!
What Happens When Homeowners Leave Their Forbearance Plans?
According to the latest report from Black Knight, Inc., a well-respected provider of data and analytics for mortgage companies, 6.48 million households have entered a forbearance plan as a result of financial concerns brought on by the COVID-19 pandemic. Here’s where these homeowners stand right now:
2,543,000 (39%) are current on their payments and have left the program
625,000 (9%) have paid off their mortgages
434,000 (7%) have negotiated a repayment plan and have left the program
2,254,000 (35%) have extended their original forbearance...
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What Happens When Homeowners Leave Their Forbearance Plans?
Translated from Radio Interview: Tego Venturi: Let's talk about hazard insurance versus liability insurance and what you see on every policy. So what's the difference? What does each cover? William Tobin: The hazard insurance covers the structure of the home itself. liability insurance goes with your home and that covers, in case you hurt somebody, again, doesn't include vehicles or motorcycles....
https://welcomehomeabq.com/albuquerque-real-estate-talk/hazard-insurance-vs-liability-insurance-in-albuquerque/
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Hazard Insurance vs Liability Insurance in Albuquerque
Thank You Sarah and Chris for the wonderful testimonial!
Venturi Realty Group - Keller Williams Realty
Yesterday at 3:40 PM ·
Our wonderful clients throw 5 stars around like confetti!
Congratulations Chase, Kori and Lisa!
What’s the Difference between an Appraisal and a Home Inspection?
If you’re planning to buy a home, an appraisal is an important step in the process. It’s a professional evaluation of the market value of the home you’d like to buy. In most cases, an appraisal is ordered by the lender to confirm or verify the value of the home prior to lending a buyer money for the purchase. It’s also a different step in the process from a home inspection, which assesses the condition of the home before you finalize the transaction. Here’s the breakdown of each one and why they’re both important when buying a home.
Home...
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What’s the Difference between an Appraisal and a Home Inspection?
Why Moving May Be Just the Boost You Need
As we look back over the past year, we’ve certainly lived through one of the most stressful periods in recent history. After spending so much more time at home throughout the health crisis, some are wondering if they should move to improve their mental health and well-being. This is no surprise since the U.S. Census Bureau reported an increase in the percentage of adults with symptoms of anxiety and depression in a recent Household Pulse Survey.
There’s logic behind the idea that making a move could improve someone’s quality of life. When people change their scenery...
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Why Moving May Be Just the Boost You Need
Congratulations Roselynn for being this happy clients go-to Realtor for buying and selling!
Want to Build Wealth? Buy a Home This Year.
Every year, households across the country make the decision to rent for another year or take the leap into homeownership. They look at their earnings and savings and then decide what makes the most financial sense. That equation will most likely take into consideration monthly housing costs, tax advantages, and other incremental expenses. Using these measurements, recent studies show that it’s still more affordable to own than rent in most of the country.
There is, however, another financial advantage to owning a home that’s often forgotten in the analysis – the...
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Want to Build Wealth? Buy a Home This Year.
Tracy: So new topic. Well, Tego: It kind of ties into, you know, the trend, right. Tracy and into this. So we were talking about the cloth office, but some of the things that have kind of come out of 2020, and now going into 2021, what are some of the challenges that our market, the real estate market as a whole is going to have?...
https://welcomehomeabq.com/albuquerque-real-estate-talk/2021-challenges-for-albuquerques-real-estate-market/
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2021 Challenges for Albuquerque’s Real Estate Market
Turn to an Expert for the Best Advice, Not Perfect Advice
As we approach the anniversary of the hardships we’ve faced through this pandemic and the subsequent recession, it’s normal to reflect on everything that’s changed and wonder what’s ahead for 2021. While there are signs of economic recovery as vaccines are being issued, we still have a long way to go. It’s at times like these we want exact information about anything we’re doing. That information brings knowledge, and this gives us a sense of relief and comfort in uncertain times.
If you’re thinking about buying or selling a home today, the same...
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Turn to an Expert for the Best Advice, Not Perfect Advice
Tracy: Let's talk about CLOFFICE. So you, you told me that word and I said, CLOFFICE, I've seen CLOFFICE. Yes. So a CLOFFICE, is an office in somebody's closet. Right. But I have seen exactly what you were mentioning where it's not like a big walk-in closet. It's just the closet with a door or the double sliding doors removed....
https://welcomehomeabq.com/albuquerque-real-estate-talk/closet-office-cloffice-an-efficient-use-of-space-for-your-albuquerque-home/
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Closet + Office = CLOFFICE: An efficient use of space for your Albuquerque home
What Record-Low Housing Inventory Means for You
The real estate market is expected to do very well in 2021, with mortgage rates that are hovering at historic lows and forecasted by experts to remain favorable throughout the year. One challenge to the housing industry, however, is the lack of homes available for sale today. Last week, the National Association of Realtors (NAR) released their Existing Home Sales Report, which shows that the inventory of homes for sale is currently at an all-time low. The report explains:
“Total housing inventory at the end of December totaled 1.07 million units, down 16.4% from...
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What Record-Low Housing Inventory Means for You
6 Foundational Benefits of Homeownership Today
Over the past year, our homes have become an integral part of our lives more than ever. They’re much more than the houses we live in. They’re our workplaces, virtual schools, and safe havens that provide shelter, stability, and protection through the evolving health crisis. Today, 65.8% of Americans are fortunate enough to call their homes their own.
As we continue to think about the future, our goals for the year, and what we want to achieve well beyond 2021, it’s a great time to look at the benefits of owning a home. Below are some highlights and quotes on the...
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6 Foundational Benefits of Homeownership Today
Tracy Venturi: What's the difference between an appraisal and home inspection? Tego Venturi: So, an appraisal something that happens after a home goes under contract while, buyers want to buy this home to pay this much money for it. And so the bank hires an appraiser to come out. Look at the property and compare it to other homes that have sold for comparison methods....
https://welcomehomeabq.com/albuquerque-real-estate-talk/albuquerque-real-estate-market-the-difference-between-an-appraisal-and-a-home-inspection/
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Albuquerque Real Estate Market: The Difference between an appraisal and a home inspection
Why Owning a Home Is a Powerful Financial Decision
In today’s housing market, there are clear financial benefits to owning a home: increasing equity, the chance to build your net worth, and appreciating home values, just to name a few. If you’re a renter, it’s never too early to think about how homeownership can propel you toward a stronger future. Here’s a dive into three often-overlooked financial benefits of homeownership and how preparing for them now can steer you in the direction of greater financial security and savings.
1. You Won’t Always Have a Monthly Housing Payment
Personal finance advisor...
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Why Owning a Home Is a Powerful Financial Decision
The latest Albuquerque Real Estate News. January sales data and much more...
The latest Albuquerque Real Estate News. January sales data and much more...
ABQ Real Estate Talk Feb 6, 2021
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47% of New Buyers Surprised by How Affordable Homes Are Today
Headlines matter. Right now, it’s hard to read about real estate without seeing a headline that suggests homes have become unaffordable for most Americans. In reality, there’s hard evidence that shows how owning a home is more affordable than renting in most parts of the country, as record-low interest rates are keeping monthly mortgage payments about 23% lower than the typical payment of 20 years ago. Despite the facts, misleading headlines persist, and they impact how hopeful homebuyers perceive the market.
In a recent survey by realtor.com, home...
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47% of New Buyers Surprised by How Affordable Homes Are Today
ABQ Real Estate Talk #355 Feb 13, 2021
👉Love your home. Falling out of love? Too much together time?
👉2020 redefined the meaning of “Home”
👉47% of New Buyers Surprised by How Affordable Homes Are Today
👉Affordability statistics are surprising from a historical perspective.
👉Forbearance update. Need help?
Why It’s Easy to Fall in Love with Homeownership [INFOGRAPHIC]
Some Highlights
Homeownership provides comfort, stability, and security, and it makes you feel more connected to your community.
Your home is something to be proud of and is uniquely yours, so you can customize it to your heart’s desire.
If you’re ready to fall in love with a home of your own, let’s connect to get you started on the path to homeownership.
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Why It’s Easy to Fall in Love with Homeownership
Tego Venturi: I've heard this and I don't know why this keeps coming up, but why people think you need 20% down to buy a home? Tracy Venturi: You know, I heard people this week, somebody on our team asked the rest of them, said, how do I tell somebody, no, you don't need 20% down to buy a home....
https://welcomehomeabq.com/albuquerque-real-estate-talk/the-big-myth-do-you-really-need-20-down-to-buy-a-home-in-albuquerque/
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The Big Myth: Do you really need 20% down to buy a home in Albuquerque?
Some great charts putting "Home Affordability" in context. This is not about Affordable Housing, that a different conversation and one that needs to continue to be had.
👉 In the US Affordability was higher/better in 2020 than any time other than the post-recession years.
👉 In 2020 the % of income needed for Mortage decreased dramatically.
👉 The typical Mortgage payment in 2020 was also lower than most recent years.
Tracy Venturi: Housing stats. Tego Tego Venturi: I know. Well, it's the first week of February, 2021. And here we are. And, and I'll go through a couple of things. I know it's a little more difficult on radio. You guys can't see this, but let me just give you a couple things, Tracy. So the number of homes sold in January this year is up 14% versus January last year....
https://welcomehomeabq.com/albuquerque-real-estate-talk/its-february-2021-last-months-housing-stats-in-the-albuquerque-area-3/
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It’s February 2021: Last month’s housing stats in the Albuquerque area
Today we take a hard look at New Mexico House Bill 111 that would revamp the Tennant/Landlord Relations Act.
Tego Venturi: Tracy, I want to talk about affordability. Tracy Venturi: Changing the topic quickly. Tego Venturi: I'm changing the topic quickly. Tego Venturi: It's interesting, cause there's been a lot of stories out there talking about affordable housing and that is a conversation that needs to be, Tracy Venturi: That's very different from affordability. Tego Venturi: Correct. Affordability, you know, when we're talking about homes and in specifically compared to historically, so Tracy, there was a story that came out and a lot of people are seeing these headlines, Oh, there's no affordable housing....
https://welcomehomeabq.com/albuquerque-real-estate-talk/affordability-affordable-housing-in-the-albuquerque-nm-area/
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Affordability? Affordable Housing in the Albuquerque NM area
Home Mortgage Rates by Decade [INFOGRAPHIC]
Some Highlights
Mortgage interest rates have dropped considerably over the past year, and compared to what we’ve seen in recent decades, it’s a great time to buy a home.
Locking in a low rate today could save you thousands of dollars over the lifetime of your home loan, but these low rates may not last forever.
If you’re in a position to buy a home, let’s connect to determine your best move in today’s housing market while interest rates are still in your favor.
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Home Mortgage Rates by Decade
Tracy Venturi: Let's talk about falling in love with your house, or maybe you have fallen out of love with your house. You know, we've been spending a lot more time home this past year and like Eddie just said, maybe we get to spend a little less time in our home, but we now know what it's like to be home a lot....
https://welcomehomeabq.com/albuquerque-real-estate-talk/falling-in-love-with-your-albuquerque-home/
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Falling in love… with your Albuquerque home
Homeowners Today Have Tremendous Equity
You may have more home equity today than you realize. Let's connect to plan how you can leverage that equity in your next move.
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Let me help you navigate this great market...
Venturi Realty Group - Keller Williams Realty
January 21 at 9:03 AM ·
The experts are forecasting continued Home Price Appreciation for 2021.
Thinking of Getting Your House Ready to Sell?
It's a great time to sell your house. Let's connect to make sure it's ready for success on the spring market.
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https://welcomehomeabq.com/albuquerque-real-estate-talk/house-bill-1-11-how-its-going-to-affect-home-owners-in-the-albuquerque-real-estate-market/
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House Bill 1-11: How it’s going to affect home owners in the Albuquerque Real Estate Market
How Much Leverage Do Today's House Sellers Have?
The housing market has been scorching hot over the last twelve months. Buyers and their high demand have far outnumbered sellers and a short supply of houses. According to the latest Existing Home Sales Report from the National Association of Realtors (NAR), sales are up 23.7% from the same time last year while the inventory of homes available for sale is down 25.7%. There are 360,000 fewer single-family homes for sale today than there were at this time last year. This increase in demand coupled with such limited supply is leading to more bidding wars throughout the...
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How Much Leverage Do Today's House Sellers Have?
Niko loves being a Real Estate professional and he is licensed in New Mexico, Oregon and Washington! His passion for his clients is obvious from your first conversation with him. Niko finds it both rewarding and humbling to be able to help people through what can be a life changing experience Niko prides himself in his ability to provide all his clients with the highest level of service....
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Niko Rivera
These fabulous women are the epitome of grace and hustle! Congratulations Kalandra, Roselynn and Shana!
The Reason Mortgage Rates Are Projected to Increase and What It Means for You
We’re currently experiencing historically low mortgage rates. Over the last fifty years, the average on a Freddie Mac 30-year fixed-rate mortgage has been 7.76%. Today, that rate is 2.81%. Flocks of homebuyers have been taking advantage of these remarkably low rates over the last twelve months. However, there’s no guarantee rates will remain this low much longer.
Whenever we try to forecast mortgage rates, we should consider the advice of Mark Fleming, Chief Economist at First American:
“You know, the fallacy of economic...
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The Reason Mortgage Rates Are Projected to Increase and What It Means for You
How Smart Is It to Buy a Home Today?
Whether you’re buying your first home or selling your current house, if your needs are changing and you think you need to move, the decision can be complicated. You may have to take personal or professional considerations into account, and only you can judge what impact those factors should have on your desire to move.
However, there’s one category that provides a simple answer. When deciding to buy now or wait until next year, the financial aspect of the purchase is easy to evaluate. You just need to ask yourself two questions:
Do I think home values will be higher a...
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How Smart Is It to Buy a Home Today?
Mary was born and raised in Santa Fe, NM and spent most summers in northern NM on her family’s cattle ranch. Growing up, Mary was no stranger to the Real Estate industry, as her mother was a Realtor and interior designer for many years. Mary fondly remembers going to open houses with her mom when she was a child and that was what originally sparked Mary’s interest and love of Real Estate....
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Mary Bateman
https://welcomehomeabq.com/albuquerque-real-estate-talk/interest-rates-are-up-and-fhfas-extension-of-eviction-moratorium-for-foreclosures-how-does-this-affect-the-albuquerque-real-estate-market/
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Interest Rates are up and FHFA’s extension of Eviction Moratorium for foreclosures. How does this affect the Albuquerque Real Estate market?
Congratulations Chase and Kalandra! 5 stars from a couple of first time home buyers. Whether it's resale or new construction, we have the talent and success to navigate you through every part of the real estate process.
Home Prices: What Happened in 2020? What Will Happen This Year?
The real estate market was on fire during the second half of 2020. Buyer demand was way up, and the supply of homes available for sale hit record lows. The price of anything is determined by the supply and demand ratio, so home prices skyrocketed last year. Dr. Lynn Fisher, Deputy Director of the Federal Housing Finance Agency (FHFA) Division of Research and Statistics, explains:
“House prices nationwide recorded the largest annual and quarterly increase in the history of the FHFA Home Price Index. Low mortgage rates, pent up demand from homebuyers...
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Home Prices: What Happened in 2020? What Will Happen This Year?
What Are the Benefits of a 20% Down Payment?
If you’re thinking of buying a home this year, you may be wondering how much money you need to come up with for your down payment. Many people may think it’s 20% of the loan to secure a mortgage. While there are plenty of lower down payment options available for qualified buyers who don’t want to put 20% down, it’s important to understand how a larger down payment can have great benefits too.
The truth is, there are many programs available that allow you to put down as little as 3.5%, which can be a huge benefit to those who want to purchase a home sooner rather...
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SIMPLIFYINGTHEMARKET.COM
What Are the Benefits of a 20% Down Payment?
How Upset Should You Be about 3% Mortgage Rates?
Last Thursday, Freddie Mac announced that their 30-year fixed mortgage rate was over 3% (3.02%) for the first time since last July. That news dominated real estate headlines that day and the next. Articles talked about the “negative impact” it may have on the housing market. However, we should realize two things:
1. The bump-up in rate should not have surprised anyone. Many had already projected that rates would rise slightly as we proceeded through the year.
2. Freddie Mac’s comments about the rate increase were not alarming:
“The rise in mortgage rates...
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SIMPLIFYINGTHEMARKET.COM
How Upset Should You Be about 3% Mortgage Rates?
5 Reasons to Sell Your House This Spring
When selling a house, most homeowners hope for a quick and profitable transaction that puts them in a position to make a great move. If you’re waiting for the best time to win as a seller, the market is calling your name this spring. Here are five reasons why this is the perfect time to sell your house if you’re ready.
1. There’s high demand from homebuyers.
Buyer demand is strong right now, and buyers are active in the market. ShowingTime, which tracks the average number of buyer showings on residential properties, recently announced that buyer showings are up 51.5...
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5 Reasons to Sell Your House This Spring
Is It a Good Time to Sell My House?
Last year, many homeowners thought twice about selling their houses due to the onset of the health crisis. This year, however, homeowners are beginning to regain their confidence when it comes to selling safely. The latest Home Purchase Sentiment Index (HPSI) by Fannie Mae shows that 57% of consumers believe now is a good time to sell.
Doug Duncan, Vice President and Chief Economist at Fannie Mae, explains:
“Overall, the index’s monthly increase was driven largely by a substantial jump in the share of consumers reporting that it’s a good time to sell a home, with many...
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SIMPLIFYINGTHEMARKET.COM
Is It a Good Time to Sell My House?
How to Prepare Your House for a Winning Sale This Spring [INFOGRAPHIC]
Some Highlights
With so few homes available to buy today, houses are in high demand, and they’re selling fast.
That means it’s a great time to sell if you’re ready to make a move.
Let’s connect to make sure your house is ready for a top-dollar sale this spring. It may be closer than you think!
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SIMPLIFYINGTHEMARKET.COM
How to Prepare Your House for a Winning Sale This Spring
Tax benefits of home ownership in the Albuquerque area: Huge advantages you may not be aware of (Transcript Snippet): "Tego: Great. Tracy, I want to talk about tax benefits of home ownership. We talk about the benefits of home ownership in general all the time, correct Tracy. So we talk about obviously the financial issues and some of the…...
https://welcomehomeabq.com/albuquerque-real-estate-talk/tax-benefits-of-home-ownership-in-the-albuquerque-area-huge-advantages-you-may-not-be-aware-of/
WELCOMEHOMEABQ.COM
Tax benefits of home ownership in the Albuquerque area: Huge advantages you may not be aware of
4 Ways to Be Ready for a Bidding War
In today's competitive market, the average home for sale receives multiple offers. Let's connect to make sure you're fully prepared as a homebuyer for a potential bidding war.
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Will the Housing Market Bloom This Spring?
Spring is almost here, and many are wondering what it will bring for the housing market. Even though the pandemic continues on, it’s certain to be very different from the spring we experienced at this time last year. Here’s what a few industry experts have to say about the housing market and how it will bloom this season.
Danielle Hale, Chief Economist, realtor.com:
“Despite early weakness, we expect to see new listings grow in March and April as they traditionally do heading into spring, and last year’s extraordinarily low new listings comparison point will mean...
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SIMPLIFYINGTHEMARKET.COM
Will the Housing Market Bloom This Spring?
ABQ Real Estate Talk #359 Mar 13, 2021
How to Be a Competitive Buyer in Today’s Housing Market [INFOGRAPHIC]
Some Highlights
With so few houses for sale today, it’s important to be prepared when you’re ready to buy a home.
Meeting with your lender early, knowing your must-haves and nice-to-haves, preparing for a bidding war, and keeping your emotions in check are all ways to gain confidence in the homebuying process.
If you’re looking for an expert guide to help you navigate today’s lightning-fast housing market, let’s connect today.
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SIMPLIFYINGTHEMARKET.COM
How to Be a Competitive Buyer in Today’s Housing Market
Thinking of Buying or Selling a Home This Spring?
The housing market has a lot to offer both buyers and sellers right now. Let's connect to make sure you have the resources you need for the spring season.
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6 Simple Graphs Proving This Is Nothing Like Last Time
Last March, many involved in the residential housing industry feared the market would be crushed under the pressure of a once-in-a-lifetime pandemic. Instead, real estate had one of its best years ever. Home sales and prices were both up substantially over the year before. 2020 was so strong that many now fear the market’s exuberance mirrors that of the last housing boom and, as a result, we’re now headed for another crash.
However, there are many reasons this real estate market is nothing like 2008. Here are six visuals to show the dramatic...
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SIMPLIFYINGTHEMARKET.COM
6 Simple Graphs Proving This Is Nothing Like Last Time
Hyatt Tamaya is hiring... http://www.tamaya.regency.hyatt.com and click on 'careers'
To Renovate or Not To Renovate Before You Sell
When thinking about selling, homeowners often feel they need to get their house ready with some remodeling to make it more appealing to buyers. However, with so many buyers competing for available homes right now, renovations may not be as vital as they would be in a more normal market. Here are two things to keep in mind if you’re thinking of selling this season.
1. There aren’t enough homes for sale right now.
A normal market has a 6-month supply of houses for sale, but today’s housing inventory sits far below that benchmark. According to the National...
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To Renovate or Not To Renovate Before You Sell
Americans See Major Home Equity Gains [INFOGRAPHIC]
Some Highlights
Today’s home price appreciation is driving equity higher throughout the country.
If your needs are changing and you’re ready for a new home, your equity may be a great asset to power your next move.
Now is a great time to put your equity toward a down payment on the home of your dreams.
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Americans See Major Home Equity Gains
Home Owners Association in the Albuquerque area. What are its Pros and Cons? (Transcript Snippet): "Tego: Tracy, one last thing, there was this conversation that came up about homeowners association and, and you've had those clients that say, there's no way I never want to be in a neighborhood with an HOA. And then we also have people that say, Oh, I want a neighborhood with an HOA....
https://welcomehomeabq.com/albuquerque-real-estate-talk/home-owners-association-in-the-albuquerque-area-what-are-its-pros-and-cons/
WELCOMEHOMEABQ.COM
Home Owners Association in the Albuquerque area. What are its Pros and Cons?
Why This Spring Is a Great Time to Sell Your House
Today's housing market belongs to homeowners ready to sell. Let's connect to talk about why this spring is a great time to sell your house.
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5 major things you should NOT do when buying a home in the Albuquerque area (Transcript Snippet): "Tego: Tracy. I want to talk to buyers right now. And I think this is an important conversation to have because the market is so tight. There's so few choices for home buyers today that they need to not make any mistakes. If they want to get that home....
https://welcomehomeabq.com/albuquerque-real-estate-talk/5-major-things-you-should-not-do-when-buying-a-home-in-the-albuquerque-area/
WELCOMEHOMEABQ.COM
5 major things you should NOT do when buying a home in the Albuquerque area
What Is the Strongest Tailwind to Today’s Recovering Economy?
Last year started off with a bang. Unemployment was under 4%, forecasters were giddy with their projections for the economy, and the residential housing market had the strongest January and February activity in over a decade.
Then came the announcement on March 11, 2020, from the World Health Organization declaring COVID-19 a worldwide pandemic. Two days later, the White House declared it a national emergency. Businesses and schools were forced to close, shelter-in-place mandates were enacted, and the economy came to a screeching halt. As a result...
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SIMPLIFYINGTHEMARKET.COM
What Is the Strongest Tailwind to Today’s Recovering Economy?
Meet an awesome new Venturi Realty Group team member, Mary Bateman! Mary has joined the team as a buyer specialist and home selling specialist. She is ready to make all her clients real estate goals a reality. #VenturiTeam #farmandranch #cityhorsewoman
2021 Real Estate Myth Buster [INFOGRAPHIC]
Some Highlights
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.
Let’s connect to discuss your needs and so you can decipher facts from fiction in our local market.
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SIMPLIFYINGTHEMARKET.COM
2021 Real Estate Myth Buster
Expert Insights on the Budding Spring Housing Market
Experts agree the housing market is set to bloom this spring. Let's connect to make sure you're ready to buy or sell this season.
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Why You Should Think About Listing Prices Like an Auction’s Reserve Price
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 less than the full price they could offer and still get the home. The asking price was generally the ceiling of the negotiation. The actual sales price would almost always be somewhat lower than the list price. It was unthinkable to pay more than what the...
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Why You Should Think About Listing Prices Like an Auction’s Reserve Price
Congratulations Andrew and Yvette! Interested in buying or selling? Call the #1 Keller Williams Team in New Mexico! 505.488.8888
