Albuquerque Real Estate Talk 512 - Nov 16, 2024

Albuquerque Real Estate Talk: Market Trends, Selling vs Renting, and Custom Home Building

In episode 512 of Albuquerque Real Estate Talk, Tego and Tracy Venturi of the Venturi Realty Group discuss the latest market trends and real estate news in mid-November 2024. Key topics include market data showing a significant drop in home sales from 2021 to 2024 and discussions on whether homeowners should sell or rent their properties, along with the pros and cons of each option. They also delve into the challenges and opportunities of custom home building and land purchasing, offering insights into utilities, logistics, and working with builders. Additionally, they highlight various homes and land parcels available for sale and touch on the targeted areas program by the Mortgage Finance Authority, which provides homebuying incentives in specific neighborhoods