Explore Albuquerque, NM
By Manish Chanda, Albuquerque and Santa Fe Area Real Estate
(Everest Peak Realty @ Keller Williams)
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The Greater Albuquerque Association of REALTORS® (GAAR) has just released its review of the second quarter of 2016.Quarterly reports are always interesting to study, as they tend to point to more sustainable trends than month-to-month statistics.Compared to the second quarter of 2015, single-fami...
By Manish Chanda, Albuquerque and Santa Fe Area Real Estate
(Everest Peak Realty @ Keller Williams)
Comments 0
We'd be the first to admit that, at first glance, the title of today's blog may seem to be the wrong way round, but stay with us a minute on this.While it's obviously the case that the sellers and their agents have to, well, sell their home to you in the first place, once the time comes to make a...
By Manish Chanda, Albuquerque and Santa Fe Area Real Estate
(Everest Peak Realty @ Keller Williams)
Comments 1
  With such a vibrant homes market in the Albuquerque area at present, there is a temptation for sellers to assume that delaying listing their property could lead to even better returns on the sale in the future, especially if they have the luxury of being able to wait.Such decisions to procrasti...
By Manish Chanda, Albuquerque and Santa Fe Area Real Estate
(Everest Peak Realty @ Keller Williams)
Comments 2
Yesterday's widely publicized Mortgage Monitor Report by Black Knight Financial Services revealed a number of significant statistics about the national picture on the housing market, as well as some data on price appreciation that's of particular interest to New Mexico residents.The report stated...
By Manish Chanda, Albuquerque and Santa Fe Area Real Estate
(Everest Peak Realty @ Keller Williams)
Comments 0
It's the ideal all home sellers hope for - a fast, trouble-free sale with the best financial return.In truth, with buyer sentiment arguably at an all-time high just now, that goal is certainly easier to achieve than it might have been a few years back.But this doesn't mean that there is any room...
By Manish Chanda, Albuquerque and Santa Fe Area Real Estate
(Everest Peak Realty @ Keller Williams)
Comments 0
With such a buoyant homes market right now, you might be forgiven for thinking that selling property is pretty much plain sailing these days.While there's no question that buyers are practically waiting in line for the right home, given the low cost of home loans and the present low levels of ava...
By Manish Chanda, Albuquerque and Santa Fe Area Real Estate
(Everest Peak Realty @ Keller Williams)
Comments 0
It would be totally remiss of us if our blog theme today was anything other than mortgage rates.They are now at their lowest levels in years, with average 30 year interest rates dipping below 3.60%. They have dropped by around a quarter point in just five weeks.One of the main factors in this in...
By Manish Chanda, Albuquerque and Santa Fe Area Real Estate
(Everest Peak Realty @ Keller Williams)
Comments 0
Our recent blogs have often touched on what a great market it is at the moment, for both buyers and sellers.In fact the only really significant chink in the armor at present is the continuance of low supply of available homes.While it creates fabulous, low-competition/price-resilience opportuniti...
By Manish Chanda, Albuquerque and Santa Fe Area Real Estate
(Everest Peak Realty @ Keller Williams)
Comments 0
While it is great to be able to consistently report how well the local real estate market is fairing, it's also true to say that correct pricing of your home is still a critical element in the selling process.Although fast sales and multiple offers are much more commonplace these days, and even a...
By Manish Chanda, Albuquerque and Santa Fe Area Real Estate
(Everest Peak Realty @ Keller Williams)
Comments 0
If you're contemplating buying your first home, there were two significant events affecting you positively this week.Yesterday there were widespread reports that mortgage rates had plummeted to three-year lows.This very welcome news followed the Federal Reserve's decision on Wednesday not to rais...
By Manish Chanda, Albuquerque and Santa Fe Area Real Estate
(Everest Peak Realty @ Keller Williams)
Comments 1
We're now almost exactly at the halfway mark in 2016.It therefore seems a good time to look ahead at prospects for the second half of the year and we thought a good way of assessing future possibilities would be to carry out a SWOT, or Strengths, Weaknesses, Opportunities and Threats analysis, ba...
By Manish Chanda, Albuquerque and Santa Fe Area Real Estate
(Everest Peak Realty @ Keller Williams)
Comments 1
Figures released this afternoon by the Greater Albuquerque Association of REALTORS® (GAAR) demonstrate an increasingly healthy homes market in our area.These latest statistics, reflecting on performance in the area last month, show the growing strength in the market as we approach the halfway ma...
By Manish Chanda, Albuquerque and Santa Fe Area Real Estate
(Everest Peak Realty @ Keller Williams)
Comments 1
Embedded from MGIC ConnectsDid you know that single women are now the second largest group of home buyers in the nation?According to the above very recent infographic by Mortgage Guaranty Insurance Corporation (MGIC), while married couples represent 54% of all American home buyers, single women a...
By Manish Chanda, Albuquerque and Santa Fe Area Real Estate
(Everest Peak Realty @ Keller Williams)
Comments 0
We are, unbelievably, almost at the half way mark in 2016 and we're still enjoying ultra low mortgage rates.This week, following disappointing job data, in particular, rates fell to very near the best levels we have seen all year.The background story to what's happened to rates this week is bound...
By Manish Chanda, Albuquerque and Santa Fe Area Real Estate
(Everest Peak Realty @ Keller Williams)
Comments 0
When selling anything, it's a great idea to really know how your customer is thinking. Real estate is definitely a field where buyers invariably have extremely strong opinions about what they like, and don't like, about a home.It therefore makes total sense to consider some of the key aspects tha...
By Manish Chanda, Albuquerque and Santa Fe Area Real Estate
(Everest Peak Realty @ Keller Williams)
Comments 3
We hope you have noticed that our website has been gradually acquiring a broader set of features to serve you better.So, we thought, why not point out some of the more recent developments, so you can check them out for yourself if you haven't already done so (click on the subject titles to go to ...
By Manish Chanda, Albuquerque and Santa Fe Area Real Estate
(Everest Peak Realty @ Keller Williams)
Comments 1
At Everest Peak Realty, we are totally committed to the importance of great photography in selling property.Too often, we still see great property offers severely compromised because the agent simply went out with his/her mobile phone and took a few snaps. This is just unacceptable in this day an...
By Manish Chanda, Albuquerque and Santa Fe Area Real Estate
(Everest Peak Realty @ Keller Williams)
Comments 0
An important change in the way credit reports are compiled is due to launch on June 25th.New trended credit data reporting was initially announced last fall by The Federal National Mortgage Association (FNMA), better known as Fannie Mae, the government-sponsored, leading source of financing for m...
By Manish Chanda, Albuquerque and Santa Fe Area Real Estate
(Everest Peak Realty @ Keller Williams)
Comments 1
It is, of course, nothing but an absolute pleasure to be able to reflect the exceptional Albuquerque area home market conditions in this blog week after week.This does not mean to say, however, that all sellers are instantly successful.When buyer sentiment is as good as it is right now, there are...
By Manish Chanda, Albuquerque and Santa Fe Area Real Estate
(Everest Peak Realty @ Keller Williams)
Comments 0
The latest statistics released this afternoon by the Greater Albuquerque Association of Realtors (GAAR) provide a powerful demonstration of the steady home price growth we are seeing in our local homes market.The Association points out that the median detached home price in April 2013 was $168,0...

Albuquerque, NM Real Estate Professionals