It’s been frustrating for homebuyers lately. Not only have home values risen, but many buyers are also facing sticker shock when they see what the mortgage payment will be. It's hard to overcome that feeling. In response, many buyers are turning to new builds. Why? Because often, you’re not just buying a house — you’re buying a mortgage payment you can live with. Builders understand this...
Real Estate Outlook
After reading many articles, looking at quite a few statistics and then trying to put it all together, I wanted to give my readers a viewpoint on what I see as a possible outlook for the Real Estate Market for 2025. (this information came mainly from Realtor.com & Albuquerque local MLS information) MORTGAGE RATES & HOME PRICES It is expected mortgage rates to average 6.3% throughout 2025,...