Market Stats

Sept. 1, 2012

Foreclosure Home Inventory

 

Two years ago, it seemed like every other Albuquerque house that I was showing was an REO home. REO stands for Real Estate Owned, and it's what a home is called after it's gone through the foreclosure process and been repossessed by the bank.

Now I'm ...

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Posted in Market Stats
Aug. 31, 2012

Which Albuquerque Neighborhoods Are Selling The Fastest?

 

Real estate is hyper local, meaning even within the Albuquerque real estate market individual neighborhoods can act differently from one another.

Keeping this in mind, I took a  look at each MLS area to see where homes are selling the fastest. Some of the results you would suspect; some ...

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Posted in Market Stats
Aug. 24, 2012

July Home Sales Stats for Albuquerque

 

July was a strong month for home sales in the city of Albuquerque. Based on the home sales stats it looks like our local real estate market is in recovery. I believe it is. The only caveat? Average and median home sales prices, but we'll get to that ...

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Posted in Market Stats