Blogs by Manish Chanda

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Real Estate Broker/Owner - Everest Peak, Inc.

ARCHIVED BLOG POSTS

2016 

Many homeowners will remember the pain caused by The Great Recession years, not least the dramatic effect it often had on the home equity they had built-up.How great, then, to be able to report that home equity has been making a stunning comeback over the past few years of recovery.According to a...
10/28/2016
It would be fair to say that this blog hasn't exactly been reticent to extol the virtues of buying a home rather than renting.At the end of last week, Trulia.com announced that buying a home is now on average 37.7% cheaper than renting, on a nationwide basis, for households who move every seven ...
10/25/2016
We were intrigued to read an article on the Business Insider website earlier this week that provided yet more evidence that millennials (people born between 1977 and 2000) are finally purchasing their own homes in more significant numbers.The article quotes Jeffrey Mezger, CEO of one of KB Homes,...
10/21/2016
We were intrigued by a recent KOB4 article - see below - that focused on how Albuquerque is changing and adapting to accommodate more and more tourists.With a great mix of affordable outdoor attractions, climate and a diverse cultural program, the area is already nationally recognized as a top su...
10/18/2016
We've devoted quite a lot of space in recent blogs to the simple truth, despite the myths, that fall and winter are great times to sell your home and especially so at present with high buyer demand sustaining extremely well and still very low mortgage rates.Would it therefore surprise you to lear...
10/14/2016
The latest set of real estate market stats, just issued by the Greater Albuquerque Association of REALTORS® (GAAR), show exciting home price growth in September.Compared with the same period last year, the median detached price rose 18.4 percent to $195,000, while the the average detached price g...
10/11/2016
While it's inevitable that, once the dust has settled, the election result, will ultimately have a positive, neutral or negative effect on the homes market, right now there appears to be no discernible effect at all, with barely over a month left before the big day on November 8th.The market is ...
10/07/2016
Sometimes it's easy to overlook just how great current real estate market conditions are in the Albuquerque area.In so many ways, it's a win-win for sellers and buyers, thanks in no small measure, of course, to the continuance of low mortgage rates that, in spite of low inventory of available hom...
10/04/2016
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Manish Chanda

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