Wednesday, July 28, 2010
Tuesday, July 27, 2010
The number of reported single-family home sales in New Mexico was 17.5 percent higher than the number of sales in second quarter 2009. June saw 1,439 sales, a 9.1 percent increase from June 2009, and a 2.1 increase from June 2008. Median prices for the second quarter were 3 percent higher than those reported for the first quarter of 2010. The June median price of $179,000 is equal to the median price reported for June 2009, but just over 8 percent lower than the $194,700 median of June 2008. For complete report, click here. NAR report indicates nationally sales are slow but remain above last year. Read more.
Experts in celebrating the next chapter in life, AARP The Magazine traveled the globe to discover the ultimate retirement destinations abroad. Factoring climate, expat community, cost of living, housing, health care, access to the U.S. and culture and leisure, AARP The Magazine reveals the top five locales in its September/October issue (www.aarp.org/magazine), available in homes and online today. See what regions in Mexico, France, Panama, Portugal and Italy have to offer--castles, palm trees, rain forests, grilled lobster--in their unique and unparalleled retirement experiences.
Friday, July 23, 2010
In a tough real estate market where competition for buyers is high, sometimes the seller has to ‘sweeten the pot’ to get the deal done. Here are five creative ideas from Realtor Vicki Walker to help close the deal.
Monday, July 19, 2010
We live in a global marketplace. While all real estate is local, not all property buyers are. A significant share of home purchases are made by people whose primary residence is outside of the U.S. Find out which are the top five countries of origin for foreign home buyers and how these buyers are utilizing the services of REALTORS®.
Friday, July 16, 2010
Wednesday, July 14, 2010
On paper, it's the chance of a lifetime - a golden opportunity not to be missed. Mortgage interest rates are at their lowest since 1971 and home prices have reached their lowest point since 2002, says IHS Global Insight Inc. economist Patrick Newport, and appear to be stabilizing. Veteran real estate agents are hard-pressed to remember a time when rock-bottom rates and affordable prices . . . Continued.
Tuesday, July 13, 2010
Friday, July 9, 2010
•723 single-family detached homes were reported sold for June 2010, an increase of 11.40 percent
from a year ago.
•The median sale price for single-family detached home sales in June climbed to $181,000, the highest monthly median sales price since Aug. 2009.
•Pending home sales for single-family detached homes in the Greater Albuquerque market areas are up 7.52 percent from the previous month.
Read the full June 2010 Market Report