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real estate: The Housing Market - Flat, Lower or Higher In 2009? - 11/18/08 06:25 PM
As a New Mexico realtor, prior to one year ago, the question I was asked most frequently was what is my home worth? Now the question is more directly, about the recovery of the market. My response is repeatedly: the market will recover; it always has. The follow-up question is: when?
I don't trust my crystal ball to make such predictions. But now I have a prediction from an authoritative source - the Keller Center at Baylor University's Hanakamer School of Business in Texas. Researchers there conducted an online interview of 840 economists about the housing market and related topics. Their findings led to a consensus about the … (12 comments)
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real estate: Albuquerque, New Mexico Real Estate - 01/11/08 01:37 AM
What is Albuquerque, New Mexico Real Estate? It is the people, the landscape, the climate, the art, the entire culture and way of life. It is what happens from the moment one lands at the airport and the Land of Enchantment begins to work its magic. Albuquerque real estate includes what so many people feel but have difficulty defining until they throw up their hands in desperation as they look towards the mountains and say, "It's spiritual.
Albuquerque, New Mexico real estate is about Albuquerque but not only Albuquerque. It is also about Rio Rancho, Santa Fe, Los Lunas, Los Ranchos, Tijeras, Edgewood, … (6 comments)
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real estate: Market Update - Albuquerque, NM is Hottest of Hottest 10 Buyers' Markets - 01/03/08 04:59 PM
Hot off the press! Housing Predictor http://www.housingpredictor.com/top25 in its latest update, places Albuquerque, New Mexico at the top of its list of Hottest 10 Buyers Markets, after a surveying 75 markets nationwide.
According to Housing Predictor, their conclusion is based on Albuquerque's continuing attraction to outside investors that are bringing new industries like film and airplane manufacturing to the ares, thus contributing to population growth of people who want to buy houses.
This news is, of course, not surprising. Those of us in the trenches everyday usually can sense which way the wind is blowing despite what the headlines say. We also know that if people have jobs and the economy is thriving, buyers will … (4 comments)
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real estate: Albuquerque New Mexico Real Estate Market - Year in Review - 01/02/08 02:59 AM
Buyers and the Media
This was the year that buyers in our area were to a large extent confused by the news media. Newspaper headlines, more often than not, carried news that reflected average conditions around the country. They failed to make distinctions between regions or between the new and the resale home sales. Consequently, buyers, caught between imprecise news and the fear engendered by the sub prime mortgage challenges became indecisive when faced with a rising inventory of homes that grew to be larger than they were accustomed to having over the past 3 -4 years.
Real estate is Local
The truth of … (7 comments)
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real estate: Market Holding Steady in New Mexico - 04/18/07 03:43 PM
Eloise Gift http://eloisegift.com/
The real estate resale market activity report for the Greater Albuquerque area remains positive. The market shift has remained a gentle ripple.
Both median and average sales prices have moved up a notch. The median sales price is $198,500.00 compared with $189,800.00 in February. The average sales price is $239,311.00, compared with $234, 170.00 in February.
Closed sales also increased-up 30% from 820 in February to 1,083 in March, continuing an upward trend. The increase from January to February was only 10%.
The average number of days on the market has not increased. At 82, it remains higher than … (5 comments)
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real estate: Real Estate Convention that is a Family Reunion - 02/16/07 12:14 PM
I just returned from my company's convention. Only, it is not called a convention, it is called a family reunion. It was my first family reunion, and my only regret was that I had not attended before.
The Keller Williams Realty http://www.kw.com/kw/ Family reunion 2007 had all the usual characteristics of the business convention - speeches, workshops (breakout sessions) exhibit halls with vendors offering their wares services, and of course, the attendees. This convention had something extra-something that justifies it being called family reuinion.
From the opening Red Bash - Welcome Party to the final Inspirational Brunch, the event was a beautifully orchestrated educational and networking event with an underlying motivational spirit of support and care. It was … (9 comments)
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real estate: ActiveRain More than A Blog Site - 02/03/07 11:48 AM
I had an epiphany this week. With the expanded service of two Internet sites that launched blogging for the real estate community, I couldn't help making some kind of evaluation of what the sites offer and how I was adjusting to the new reality of what is being offered. My conclusion:
ActiveRain is more than a place to blog. It is a community of industry professionals with whom I laugh, cry, learn and grow. I think it is the Internet site that comes closest to the fulfillment of the promise of the Internet to build community across all types of barriers. Here is the view I'm sharing with … (7 comments)
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Eloise Gift, Albuquerque New Mexico Real Estate
Albuquerque,
NM
More about me…
Gift Realty NM
Address: 5547 Timberfalls Road , Albuquerque, NM, 87114
Office Phone: (505) 554-2183
Cell Phone: (505) 363-5156
Email Me
Albuquerque, New Mexico real estate news, views, and information about Greater Albuquerque neighborhoods, real estate market; buying, selling, investing in Albuquerque homes by Eloise Gift, Managing Broker/Owner, Gift Realty NM; information about Northeast Albuquerque, Northwest Albuquerque, Southeast Albuquerque, Southwest Heights, Los Ranchos, North Valley, Placitas, Corrales, Rio Rancho, Los Lunas.
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