For buyers, especially first-time homebuyers, the market couldn't be better. Rates are incredible and sellers are eager to sell. We see buyers waiting to see if "we have hit" bottom but we have pretty much stabilized here in ABQ. We didn't depreciate like other cities although our sale prices went down around 4-6% depending on the area of the city and price range. Homes in the range of $200,000 are particularly good deals now.
Give me a call and I'll get you in a house!!
Labels: Albuquerque, interest rates, judy pierson, New Mexico, real estate, realtor
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