January 2012 Market Report
Single-family, detached sales in the Greater Albuquerque market rose 13.22 percent from the previous year.
Pending home sales in January 2012 increased 20.63% from the previous year and was the highest January month of pending sales since 2008.
The median sale price for single-family, detached home sales in Rio Rancho rose 4.25% from the previous year, ...
Detached home sales for August 2011 increased 3.36% from the previous month and increased 26.42% from the previous year.
The 646 reported detached sales in August 2011 makes this month the highest August sales month since 2007
Pending home sales for single-family detached homes are up 14.32% from 2010 and increased 7.73% from July 2011
We continue to see ...
There is some postitive news for our areas in the month of July. The Greater Albuquerque Association of Realtors has released there July market report. Here are some of the highlights. Check out the full report below.
The median sale price for detached, single family homes in July 2011 was $178,000, the highest level since December 2010
Detached home sales ...
Real Estate Is Local
Having spoken with many New Mexico residence, one thing has been very clear. They are confused and frustrated with the mixed messages they receive from the media regarding real estate. One day there are reports of increases in existing home sales, then the very next day reports of continued slow downs in the housing recovery. So what are we to believe? ...
Events and trends in the real world of the metro Albuquerque real estate market appear heading in a good direction.
Rio Rancho generated the big news during June with a 20% increase in sales of detached homes over June of 2008. June sales in Rio Rancho were also up 35% from May.
For the entire metro area, the median and average sales price rose in May for both detached homes and ...
Video - The Mark and Sheila Team Reports on using the 1st Time Home Buyers Tax Credit towards your down payment and closing costs. Several states now have programs in place to help you buy a home with the federal government's money. Gets specific for New Mexico. There is legislation pending to raise the credit to $15,000 for all home buyers.
By Jimmy CurrierObserver staff writer
Rio Rancho city officials have talked for months about the importance of extending Paseo del Volcan from Iris Road to US 550.Wednesday night, the city council approved a resolution to accept federal money to complete the project.
Councilors Mike Williams, Patty Thomas, Steve Shaw, Larry Naranjo and Kathy Colley voted to accept the American Recovery and Reinvestment ...