http://members.abqrealtors.com/hs/stats-2007_june-report.pdfHere is the link to the June sales report for the Albuquerque Real Estate market. Overall the report shows that we have a large inventory, but prices are still appreciating slightly. I think the key is that we have about one house purchase per month for every five on the market. That’s good news for buyers, but sellers need to make sure they are competitive in their market.
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Is Your Home Priced to Sell?To some home sellers it may appear that we have no buyers in the Albuquerque Real Estate market. But the fact is that homes are selling. Buyers have a large inventory to choose from so your house must stand out from the crowd and be priced correctly. The first two weeks on the market is the most critical time so pricing the home high to “see what happens” can be a costly error. Look at it this way… if of every ten houses on the market two are selling every 30 days, your home needs to be one of the two!
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This article addresses some of these issues.
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You can find great local
New Mexico real estate information on Localism.com Tego Venturi is a proud member of the ActiveRain Real Estate Network, a free online community to help real estate professionals grow their business.
About North Valley Albuquerque, New Mexico:
The North Valley, which includes the Village of Los Ranchos de Albuquerque, is located along the Rio Grande and is considered the rural heart of Albuquerque. With its tall trees, green pastures and beautiful nature filled settings, it offers the opportunity to be in the City, yet with a true rural feel in many parts.While there are many residential neighborhoods here that are typical of other Albuquerque Real Estate, there are also farms, mini-ranches, larger lots, and estate properties. While you might live in a groomed subdivision in the North Valley, your drive home can include seeing goats, chickens, cows, and of course horses out in their pastures.I have lived mostly in the North Valley and love the area. Being from a hobby farm in Minnesota, I just feel comfortable in this more rural atmosphere. Some of my favorite things about the valley include the acequias (irrigation ditches) providing limitless trails for walking the dogs and horseback riding, the Los Ranchos Growers Market, and the quick accessibility to most areas of Albuquerque. The growers market is on Saturday mornings and provides an excellent source for local produce, meats, as well as arts & crafts.The North Valley offers a variety of outdoor activities for the whole family. To me, the highlight is the Paseo del Bosque Trail. Considered Albuquerque’s premiere trail, this 16 mile trail on east side of the Rio Grande passes through the heart of the north valley. Another great destination is the Rio Grande Nature Center, which is an excellent facility to learn all about the Rio Grande ecosystem.The Albuquerque Real Estate in the North Valley comes in all varieties. Some of the most expensive and exclusive real estate in Albuquerque is found here, but the North Valley is not limited to these hi-end homes. Subdivisions such as Matthew Meadows and Vista Del Norte offer a suburban feel; while neighborhoods such as Black Farm Estates, Dietz Farm, Caballero, and Tinnin Farms offer larger estate like properties in a planned and managed manner.A feature that makes North Valley Real Estate so unique is that you will find old homes, new homes, and everything in between, commingling nicely, to create a diverse and eclectic community. With fun restaurants, antique shops, wineries, spas, and many specialty shops, the North Valley is a vibrant “village” within the city. The peaceful and beautiful setting and mix of splendid personalities gives the North Valley its charm.
The North Valley of Albuquerque includes the communities of Alameda, Alvarado Gardens, Black Farm Estates, Bona Terra, Bosque Del Rio, Bosque Dell Acres, Caballero Norte, Caballero, Chamisal, Coors Trail, Cottonwood Trails, Dietz Farm, Gavilan Addition, Greater Gardner, Green Valley, Guadalupe Trail, Guadalupe Village, Journal Center, Lee Acres, Los Alamos, Los Cansados, Los Duranes, Los Griegos, Los Jardines, Los Poblanos Estates, Los Poblanos Orchard, Los Poblanos, Los Ranchos de Albuquerque, Los Ranchos Village Center, Matthew Meadows, Monkbridge Gardens, Near North Valley, North Valley, Northeast Valley, North Rio Grande, Prado, Rio Grande Blvd., Rio Grande Compound, Rio Grande Estates, Riverfronte Estates, South Rio Grande, South Guadalupe Trail, Sun North Estates, Stronghurst, Thomas Village, Tinnin Farms, Vista Del Norte, Western Meadows, Wildflower Area and Windmill Estates.
Albuquerque North Valley Links...
http://www.cabq.gov/aes/s2nv.htmlhttp://en.wikipedia.org/wiki/North_Valley,_New_Mexicohttp://www.villr.com/http://www.WelcomeHomeABQ.com/Labels: Albuquerque Real Estate, North Valley
Entrepreneur Magazine: Home, Second HomeAnother positive article regarding Albuquerque Real Estate. With so many homes for sale in Albuquerque, it seems that it is good time for Real Estate Investors to be looking at Albuquerque. We will see…
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Top Real Estate Markets Appreciating RapidlyAlbuquerque makes the list again. From our perspective, it seems that the Albuquerque Real Estate market is slow. But compared to other parts of the country, we are doing well. We have lots of home for sale in Albuquerque and Rio Rancho, but they are selling (if priced right), and homes and land continue to appreciate.
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Buying A Home? Follow These 5 Tips And Find Your Dream HomeGood advise on finding the right home...
Albuquerque has many of homes for sale at the moment. The Albuquerque Real Estate market gives buyers many choices, so be picky, make sure you find the right home.
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