Albuquerque Real Estate Talk 469 Dec 2, 2023

Get the inside scoop on Albuquerque's dynamic real estate market with Tracy and Tego Venturi, your trusted local real estate experts! In this episode, they cover a premium marketing opportunity for selling houses, where your property can gain added exposure and media content through a partnership with Zillow. Discover the benefits of this innovative approach, including increased visibility, extra promotion, and additional media content for listed properties. 
Tego and Tracy also delve into their predictions for the next 2-3 years, discussing expectations for mortgage rates, home prices, and the limited supply challenges facing Albuquerque's housing market. They share November housing market statistics, the new trend of building homes for rent instead of for sale, and insight into interest rates and special mortgage packages offered for new construction homes. 
Highlighting the impact of low supply, affordability challenges, and the positive effect of lower interest rates on the housing market, Tego and Tracy analyze the median days on market, number of showings, and pending sales in Albuquerque. They also discuss crucial pricing metrics, the FHFA's reported home price increase, and specific properties in various neighborhoods.
Discover why Albuquerque is a prime market for investment in rental properties and homes, and gain valuable insights into the latest real estate and mortgage news. Plus, don't miss out on practical tips for home buyers and sellers, tailored specifically to the unique nuances of the Albuquerque market.
Tune in now and stay ahead in Albuquerque's ever-evolving real estate landscape! Or, call the team at 505-448-8888 to get help with your real estate needs in Albuquerque. You can also visit https://welcomehomeabq.com to get in contact or learn about real estate in Albuquerque.