Housing starts

HAPPY THANKSGIVING

As a realtor, I have the privilege of helping people find more than just a house-I get to help them find a home. To all my clients: whether we’ve worked together on finding your dream home or selling a place filled with memories, I’m grateful for the trust you’ve place in me. Here’s to you-my clients, past, present and future. I’ll never dessert you! Happy...

Recipe For Homeownership

The recipe for finding and securing the perfect home can be a little tricky – that’s why I’m here to help. From navigating the market to negotiating the best deal, I’ll make sure every ingredient comes together in the end. Whether you’re a first-time buyer or looking to upgrade, I’m here to make the process as smooth and stress-free as possible. Let’s find the home that’s just right for...

Looking to Purchase a Home?

  First-time homebuyers often need to reassess their spending habits to build a solid budget for purchasing a home. Cutting unnecessary expenses can be helpful in freeing up some more of your budget for saving each month: perhaps reducing dining out, cutting down on entertainment costs, and limiting impulse buys. If you’re ready to start the process of buying a home, send me an email or text...

NATIONAL NEWS UPDATE

More homebuyers are appearing as we move into the hot spring selling season. Demand for purchase mortgages rose for the second week in a row—up 7.1% for the week, according to the Mortgage Bankers Association. Good news for buyers. Realtor.com reports the median listing price last week came in lower than it did in the same period a year ago. That marked the first week of year-over-year price...

HOUSING MARKET UPDATE

I thought you may want to know what the housing market is looking like with all the craziness going on in the finance world.  So below is a report I received this morning about that. Increasing for the first time in six months, housing starts shot up 9.8% in February, with both single-family and multi-unit projects posting gains. Building permits did even better—up 13.8%, the largest monthly gain...

LOCAL AND NATIONAL MARKET TRENDS

This is from one of lenders I work with, Chris Maxwell from Bank of Albuquerque.   You can reach him at: 505-804-3191/cmaxwell@bankofalbuquerque.com National Real Estate News Bottoming out Existing home sales for January 2023 fell (a very modest) 0.7% MoM to an annualized pace of 4,000,000 units. That was the 12th straight month of decline. But look at the chart: it's bottoming. Existing home...

Cooldown Continues But Future Looks Brighter

This is from New Mexico Association of Realtors for December 2022 Key Highlights • The median sale price increased by 4.24 percent compared to last year. • Home sellers are less active this month 11.63 percent fewer homes being listed. • Sales for the month were down 32.68 percent compared to last year. • Homes are spending 48 days on market, which is three days longer than last year but...

Compare listings

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