I thought I would write real quick on the "feel" of the market on this end. People are constantly asking me whats going on in the market and they don't necessarily want stats. They just want to know what I am seeing in the Real Estate market in Albuquerque and what I am seeing seems to be positive.
Buyers seems to be coming out and in full force and they are not messing around. If they do, they often loose out on great deals. The general media has been gracious enough to bless us with their optimistic outlook on the real estate market in general. I can't help but to think this has had something to do with buyer's confidence. Once again, interest rates are low and inventory is high which makes it a great time to buy (that has a nice ring to it!).
So, bottom line (from what I can see), buyers are out there buying. If the home is priced right, it will fly right of the shelf! The good ones definitely are not lasting. Think of buying? Now is the time.
by Tim Fish
by Tim Fish
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