2302-El-Nido-NW-Albuquerque-Real-Estate

Albuquerque Real Estate June 2015 Market Watch

MARKET WATCH!  In the month of June 2015 the Median Sale Price for single-family, detached homes was up 5.99% from last year to $190,788 and the Average Sale Price was up 6.01% to $226,337.  Closed Sales was 984, up 23%.  The Absorption Rate (number of months it would take to sell the current housing inventory) […]

512-516-Madeira-SE-Albuquerque-Real-Estate-Multi-unit-Investment-Property

The Benefits of Owning a Multi-unit Residential Income Property

Many people shrink from the possibility of buying a home as an investment and becoming a landlord.  They have visions of money-grubbing landlords showing up at the front door to collect rent—baseball bat in hand—and proceeding to get in a screaming match (or worse!) with the tenants.  Or there’s the fear of receiving the late […]

1906-Saturn-CT-NE-Albuquerque-NM-87112

Albuquerque Real Estate February 2015 Market Watch

MARKET WATCH!  In the month of February 2015 the Median Sale Price for single-family, detached homes was $169,000 and the Average Sale Price was $199,196.  Pending Sale (homes that went under contract) was 921, up 16.14% from this same time last year.  The Absorption Rate (number of months it would take to sell the current […]

2302-El-Nido-NW-Albuquerque-NM-87104-Albuquerque-Real-Estate-Hap-Crawford

Hap Crawford: an Albuquerque Builder with Root in Adobe

Southwest style is one of the more distinctive forms of architecture.  Everything from its rustic feel in the interior to its exterior clean, unobtrusive lines and colors designed to blend in with our golden-brown landscape makes it a true romantic gem within our 50 states.  Two local Albuquerque builders Antoine Predock and Hap Crawford both […]