Good news, just in! Stats for home sales: Home resales posted the largest monthly increase in at least 10 years last month as first-time buyers rushed to take advantage of a tax credit that expires this fall.
This is the fourth straight increase on home sales. Although the median price is down, the good news is still there. Again, it's a great time to buy if you are in the market.
In Albuquerque, I have felt sales and activity is up, consumer confidence seems to be stirring. If homes are priced right and are packaged nicely, homes are selling.
Sellers have to be realistic about what they expect to net from their home sale, but take the advice of your broker and price right, clean up and take advantage of buyers getting more excited about buying.
I've had 3 new listing appointments this week alone, so I don't think that the winter will be the 'slow' season, we might just be seeing the bounce!
Albuquerque homes are gorgeous and grab those views!
Linda DeVlieg, Associate Broker
Coldwell Banker Legacy
10400 Academy NE Suite 100
Albuquerque, NM 87111