2023

TRANSFORM YOUR BATHROOM

Sometimes you need a change. Here are some quick and easy ways to improve your bathroom. Where will you start? I am always here to discuss your real estate needs. Mary Cockburn 505-639-2090 MaryCocburn.Realtor@gmail.com TRANSFORM YOUR...

Real Estate News in Brief

Pay the points to secure a much better rate.  Two points makes a difference. For would-be homebuyers, last week was a 1–2 punch of record home prices (Case- Shiller index) and a 23-year high for mortgage rates (average 7.65% on a 30-yr mortgage). In this environment, your clients know the cost of acting, but do they fully understand the cost of waiting? Average 30-yr mortgage rates just set another...

Fall Home Checklist

Make sure your home is giving off spooky vibes from decorations and not from being unkept.  Follow these fall maintenance tips to keep your home looking and running great.  In other words, remove those spider webs and then hang fake ones! Have yourself a very Happy Fall! Mary...

A Look into the Housing Market

Per Zillow, the typical U.S. home value climbed 0.2% from July to August – a marked cooldown after red-hot monthly appreciation in the previous three months. The nation’s typical home value has reached another all-time high, and stands 1.3% higher than last August. After housing market demand and activity peaked for the year in May and June, conditions have loosened in the later phase of summer....

NATIONAL MARKET UPDATE

CoreLogic Home Price Insights showed home prices accelerated in July, up 2.5% annually, after 1.6% yearly growth the prior two months. Prices have now risen annually six straight months, and are 5% above their February low. According to the National Association of Home Builders, nearly a third of all listings in July were new construction. Historically, new homes have accounted for only about 10%...

Talking Points for the weekend

 Home Buyers Say 5.500% Is Their Magic Mortgage Rate - That’s the mortgage rate threshold at which many would-be buyers would jump back into the market, according to a survey from John Burns Research and Consulting. 71% of prospective home buyers say they won’t accept a rate on a 30- year mortgage above 5.5%, the survey shows. While the interest rate on the 30-year loan eased to 7.12% this...

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Mary Cockburn - 5 Star Real Estate Agent serving Edgewood, Albuquerque, & East Mountain