Explore Albuquerque, NM
When selling anything, it's a great idea to really know how your customer is thinking. Real estate is definitely a field where buyers invariably have extremely strong opinions about what they like, and don't like, about a home.It therefore makes total sense to consider some of the key aspects tha...

By Manish Chanda
Comments 3
We hope you have noticed that our website has been gradually acquiring a broader set of features to serve you better.So, we thought, why not point out some of the more recent developments, so you can check them out for yourself if you haven't already done so (click on the subject titles to go to ...
At Everest Peak Realty, we are totally committed to the importance of great photography in selling property.Too often, we still see great property offers severely compromised because the agent simply went out with his/her mobile phone and took a few snaps. This is just unacceptable in this day an...
An important change in the way credit reports are compiled is due to launch on June 25th.New trended credit data reporting was initially announced last fall by The Federal National Mortgage Association (FNMA), better known as Fannie Mae, the government-sponsored, leading source of financing for m...
It is, of course, nothing but an absolute pleasure to be able to reflect the exceptional Albuquerque area home market conditions in this blog week after week.This does not mean to say, however, that all sellers are instantly successful.When buyer sentiment is as good as it is right now, there are...
The latest statistics released this afternoon by the Greater Albuquerque Association of Realtors (GAAR) provide a powerful demonstration of the steady home price growth we are seeing in our local homes market.The Association points out that the median detached home price in April 2013 was $168,0...
An article this week by The Albuquerque Journal has once again highlighted the fabulous market conditions property sellers are enjoying in the area right now.While acknowledging that inventory of available homes for sale remains tight, it describes the current situation as "a solid seller's marke...
Despite the best efforts of the real estate industry to strongly warn against it, we still see the occasional "Home For Sale By Owner" sign as we travel around.You naturally wouldn't expect any agent to agree with you if you decide to go for DIY selling. But what we thought might be more useful w...
On Tuesday we looked at the recent Greater Albuquerque Association of Realtors (GAAR) quarterly market report for January, February and March and noted that, for the first quarter since the third quarter of 2014, the number of new detached listings had increased.Given that the increase was 2.69%,...
In addition to our monthly analysis of local real estate statistics generated by the Greater Albuquerque Association of Realtors (GAAR), we have now also started to look more closely at their quarterly analysis, in order to spot sustained trends by using a slightly wider lens, as it were.GAAR has...
When you really sit down and think about it, entrusting your home sale with the right agent is a pretty crucial and far reaching decision.Get it wrong and it can cost you dearly and could mean your home remains unsold, or doesn't realize its true market value.To help you with the process, we thou...
We keep saying it, but this really is a great time to buy a home.Whether it's your first home, or you're upgrading, or even if you're planning to downsize, there are some quite compelling reasons why you might not want to put off your purchase any longer:Ultra-Low Mortgage Rates - As we wrote in ...

By Manish Chanda
Comments 0
What a wild ride! - mortgage rates continue to tumble.Given that there were widespread expert predictions at the end of 2015 that rates would progressively climb to somewhere between 4.5% and 4.65% during this year, the contrasting story of mortgage rates so far in 2016 is already remarkable by a...
Statistics for March, just published by the Greater Albuquerque Association of Realtors (GAAR), make great reading for home sellers in the area, as the busiest months of the real estate year approach.Compared with a year ago, the average number of days a home is on the market before it sells decr...
With winter now well and truly behind us, we can all now look forward to the warmer months to come.It's a great time, however, to make some simple checks around the home so that everything is set well in advance of summer.And of course if you're planning to sell your home soon, there's even more ...
 It's never very long before we revisit the subject of renting on these blog pages.This is because we are firmly of the view that if ever there was a time to make the leap into home ownership it is right now.And the key reason we say this inevitably brings us to perhaps our most covered subject i...

By Manish Chanda
Comments 2
Right now is a really great time for investing in property, so what better way to conclude our mini-series of retrospective blogs looking back at our all-time best tips for investors.So here goes:Stick to the figures - Investment is very much about cold assessment of the facts in front of you. Pr...

By Manish Chanda
Comments 2
We hope you had a great Easter. Just prior to the holiday, we began a little mini-series of retrospective blogs looking back at our all-time best tips.Today we're going to focus on what we think are the most essential pieces of advice we've ever offered sellers:Don't put off selling your home - I...

By Manish Chanda
Comments 1
We naturally hope that you are a regular reader of our blog.Depending on when you started reading it, and how often you read it of course, you might have missed some great nuggets of useful information along the way.So we thought what could be better than to go back through the archives and find ...
As we progress through life, our real estate needs and priorities change.That ideal home you bought a few years ago may now be out of step with your lifestyle and requirements.As careers progress, it's only natural that homeowners tend to be aspirational and ambitious and moving to a larger, more...

Albuquerque, NM Real Estate Professionals