Albuquerque Real Estate Talk 492 - June 1, 2024

Albuquerque Real Estate Talk, Episode 492: Summer Real Estate Highlights and Market Updates

In episode 492 of Albuquerque Real Estate Talk, Tego and Tracy Venturi dive into several important topics for homeowners and prospective buyers as summer kicks off. They discuss top reasons to own a home, focusing not only on financial benefits but also the stability and personal satisfaction of homeownership. They provide an update on recent changes to Veterans Administration (VA) loan rules, including temporary measures that allow VA buyers to compensate their agents directly. The panel analyzes fresh data from the FHFA on home price appreciation in Albuquerque, and Tego offers predictions for Q2 2024. Additionally, they highlight the upcoming city council meeting addressing zoning law changes that could impact single-family homes and duplexes in Albuquerque. Home listings and open houses in various Albuquerque neighborhoods are also featured, offering viewers diverse real estate options. The episode closes with a historical perspective on 40 years of home price appreciation across the United States, comparing regional trends and their implications. Visit WelcomeHomeABQ.com for more info on Albuquerque Real Estate.

00:00 Welcome to Albuquerque Real Estate Talk
00:22 Top Reasons to Own a Home
00:38 Updates on VA Loans
05:01 Current Market Trends
08:14 Homes of the Week and Open Houses
12:11 City Council Zoning Changes
17:53 The Importance of Homeownership
23:55 40 Years of Home Price Data
27:51 Conclusion and Contact Information