It's plain common sense that homes in fine condition are much more likely to sell quickly, but what you might not already know is that there has been some specific research applied in this regard.According to a survey carried out by Keller Williams, homes in good to excellent condition sold 18 days faster than others. An impressive statistic, made even more meaningful because they also sold for higher prices and with fewer reductions from the original asking price!In this blog, we often talk about correctly staging your home. It would be fair to say, though, that most aspects of staging relate to presenting the home in its best light, no matter what its condition is.Potential home buyers will be looking at the details of your home to closely evaluate its true condition. They may even a... 01/25/2016

When embarking on the search for the perfect home, you are very strongly advised to get pre-qualified for a home loan. If you're wondering why, just read the following very compelling reasons for doing so: -A better relationship with the sellerYou need to sell yourself to the seller. You'll stand a much better chance of being taken seriously if you are pre-qualified for a home loan that covers either the asking price or the amount you're prepared to offer.A smoother transactionWaiting until you find the home of your dreams and then starting to apply for finance is only going to delay the process.A more realistic approach to house buyingThere's really no point in looking at something you simply won't have the means to buy. It's much better from everyone's point of view if you are totally... 01/24/2016

As the saying goes: “you never get a second opportunity to make a first impression” and how true it is in so many aspects of life.This very much applies to selling your home too and during the past few blogs we’ve examined the significant impact that good and bad pricing and presentation has on the process.It probably won’t surprise you to learn that a property always generates the most interest when it first hits the market.​Our graph below shows how activity level falls after the first three to four weeks on the market. It therefore logically follows that the time you are most likely to receive offers is between a month and six weeks after a listing appears.To paraphrase our opening statement: “you never get a second opportunity to announce a starting price”. Essentially this means th... 01/23/2016

In these blogs, we often explain the importance of teaming up with a suitably qualified, experienced and successful realtor very early in your selling or buying process.With 2016 expected to be the best year in real estate for a decade, it's also important that you find a realtor who will be able to maximize your opportunities for you during a very busy period for the industry that will create its own special dynamics and pressures.Here are some important qualities that your chosen agent should be able to demonstrate to you, and why they are even more relevant this year:Organization - With more and more people looking to buy homes, this naturally places more time pressure on top producing agents. It's important, therefore, that you look closely at the agent's administrative structure. D... 01/22/2016

In a previous blog, we explored eight great reasons to become an Albuquerque area first time buyer right now.We hope we inspired some would-be house owners to think very seriously about taking the big step of finding a home of their own.Today, we'd like to offer some simple strategies to help you along in that process:Identify your needs - No one has exactly the same requirements from their home, of course. That's why there is never a "cookie cutter" one size fits all solution. Therefore it's really a good first step to sit down and define not only what facilities you need right now, but to also identify likely future needs. Many first time buyers won't start a family until they have a place of their own, hence the requirements of a couple with no children will differ greatly from those... 01/20/2016

 Have you been wondering if you can purchase a custom home in the highly desirable area of North Albuquerque Acres for under $500,000?  Believe it or not, the answer is YES YOU CAN! Albuquerque Realtor John McCormack with Albuquerque Homes Realty has this custom home in North Albuquerque Acres under a pending contract at under $500,000. All parties expect to have it closed soon and John’s buyers are looking forward to moving into this 3489 sq.ft home.  North Albuquerque Acres is a large area of NE Albuquerque in the 87122 zip code where custom homes offer a rural ambiance yet have the conveniences of urban city life.  This coveted area brings the best of both worlds together in North Albuquerque Acres.  Many homes in this desirable area of NE Albuquerque have stunning Sandia Mountain an... 01/20/2016

With the year now well under way, many property investors will be considering their options for 2016, so here is some food for thought if you're considering either starting or enhancing your portfolio this year: Property is a great safe haven investment - With the volatile events in the stock market since the beginning of the year and other uncertainties very much in investors' minds, real estate is again being widely viewed as a very solid long term safe haven investment. A real estate investment is currently very likely to make money while you hold it and when you sell it.   Rental demand remains very high - Not everyone can afford or qualify for a home loan and, despite some loosening in requirements, lenders still exercise very strictly regulated criteria before approving a mortgage... 01/19/2016

6405 Bellini Lane NW, Albuquerque, NM Get Directions Click Here Description Photos Maps & Local Schools Print Brochure My Reviews $ Click for current price 3 BEDROOMS | 2 (2 full ) BATHROOMS | 1253 SQUARE FEET This great home is located in a gated community and is priced well below market! Beautiful ceramic tile throughout, 3 bedrooms, one story. Lots of niches for your art. Conveniently located near shopping, community center with large park and pool, and easy commute routes. Ready to move in! Follow This Home! Albuquerque Homes for Sale Ventana Ranch Neighborhood Information Free Home Valuation Search Short Sale Homes For Sale Search Albuquerque Homes For Sale Search All Homes For Sale Presented By: Melanie Mclaughlin Home Consultant Blue Door Realty 505-489-8504 Licensed In: NM Lice... 01/13/2016

Albuquerque Homes Realty and Petroglyph Estates Realtor John McCormack have listed, sold, and closed another custom home lot.  This particular lot is located at Picardia Place NW Albuquerque NM 87120.  Don’t worry we have other lots for sale in the Petroglyph Estates custom home community.  John will provide you details on ALL lots for sale in this new subdivision. You can view all available homes and lots for sale in the Petroglyph Estates Community here.  Enjoy This YouTube Featuring Petroglyph Estates    There are already beautiful custom homes under construction in the highly desirable Petroglyph Estates / Volcano Cliffs Subdivision.  Lots vary in size and price and John can assist you in finding exactly what you are looking for.  Don’t delay on contact John and checking out NW Albu... 01/12/2016

The latest real estate statistics, just released by the Greater Albuquerque Association Of Realtors, amply demonstrate the continued very strong performance of our local market this winter.The stats show that, in December, detached home sales were up by almost a quarter (23.02%) on the same period in 2014 and, equally impressively, not far off figures posted in October. This is a powerful illustration of the forward progress in the area, especially considering that it is a market snapshot at taken in and around the traditionally slower holiday season.Another significant figure is that the average number of days on the market was 61 days - 14.08% down on the previous year but, very interestingly, actually one day less than the average for November.Sales volume made a big leap, up 28.67% ... 01/12/2016

Have you been wondering if you can buy an Albuquerque Uptown area home for under $100,000?  The answer is absolute YES YOU CAN!   Uptown Realtor John McCormack with Albuquerque Homes Realty listed 2400 Mesilla Street NE Albuquerque NM 87110 and had it in pending contract within days.  All parties of this NE Albuquerque real estate transaction are looking forward to a swift and smooth closing.  The Albuquerque Uptown area of NE Albuquerque 87110 is highly desired due mainly to its outstanding location.  You can easily walk to the classy ABQ Uptown Mall or the Coronado and Winrock Malls. Most homes in the Uptown area are quietly tucked away from the hustle and bustle of City life yet so near major shopping, dining, newer retail and entertainment.  Many homes in the Albuquerque Uptown area... 01/11/2016

2016 is finally here and we’d like to wish you health, wealth and happiness throughout this brand New Year.If you're planning to sell your home this year, here are five suggestions of things you can do right now to make the process go smoothly when the time comes to list.Make a time plan - Decide exactly when is going to be the best moment for you to sell. A number of factors will figure in the timing and some may relate to other plans you may have, such as retirement/job relocation. If you’ve just been generally considering moving up or down scale, don’t wait long before listing. Mortgage rates are still near historic lows, so buyer sentiment is still at amazingly high levels.  Experts predict that home loans will become more expensive as this year progresses, so why not sell now while... 01/01/2016

We've spent a good deal of time in recent blogs looking at the return of the first time buyer, after many years of relative absence.The key reason behind the slump in getting on the house ownership ladder was, of course, the Great Recession. Huge job losses and less available credit, plus the general uncertainties of those very unfortunate few years, saw a diminution in enthusiasm and actual ability to buy a first home.Last month, however, we reported that the first time buyer is well and truly back after a long general absence. As we said then, it is really difficult to overstate the importance of this development, as it supercharges the entire home buying chain. If you're a seller, no matter where your home is positioned in the market, it will either directly or indirectly benefit fro... 12/31/2015

Last week we looked at the impending and very welcome comeback of many "boomerang" home buyers to the real estate market in the next few years. Just a reminder that boomerang buyers are those unfortunate individuals who ran into financial difficulties during the recession. They may have suffered a big drop in their credit rating, possibly due to a short sale or foreclosure on their property.If you are one of that number then one of the first questions you may be asking is exactly when can you be reconsidered for a home loan?As always with financial matters, the answer is not straightforward. Much depends on the circumstances that you found yourself in when you got into difficulties. Beyond that, it also depends on which type of home loan you are seeking, plus your current position.The o... 12/31/2015

There are still few more hours left in 2015 and therefore if you've been contemplating selling your home, there's still time to take advantage of the fabulous current market conditions.Here are five great reasons why you should be listing right now: -Mortgage rates - They're still very low and it's by no means certain that they will start to rise soon, even though the Federal Reserve just raised interest rates for the first time in 7 years. This year's helter skelter stock market was broadly good for mortgage rates, as they are likely to fall when investors seek safe havens like mortgage backed securities. The stock market situation appears to have stabilized a little for the moment, with a huge rally today, but who knows what will happen in the near future. For now buyers remain very e... 12/31/2015

Much has been written this year about the very welcome return of the first time buyer and it has been a key component of the 2015 real estate success story.This is such great news for many sellers, whose homes fall into the most likely categories that will appeal to first time buyers.Naturally enough, the vast majority of rookie home buyers will be younger people, including the group of people widely known as millennials - folks who reached young adulthood around the year 2000.It's important, therefore, for sellers to gain a better understanding of the likely buying needs and motivations of the first timer and here are some great tips to make your home as appealing to this group as possible: Updated kitchens and bathrooms - Always a plus in any home sale, these upgrades are even more vi... 12/31/2015

The recent volatility we have seen in stock markets around the world has inevitably once again focused attention on the strength of residential real estate as an investment.Stocks have certainly been on a wild roller coaster ride in recent weeks, as uncertainty over the health of the Chinese economy has had a profound effect on investor confidence.This week has seen press coverage on the resilience of the property market in such times. Articles have focused on the ability of real estate values to rise as stocks fall. Indeed, it is reckoned that, over the past 60 years, residential real estate has performed as well as bonds during times when stock market prices are falling (a bear market).It could, of course, be pointed out that the Great Recession of 2007/9 was an exception to this tren... 12/31/2015

Over the months we've devoted a lot of space in this blog to the importance of careful preparation of your home in advance of the sale.In the real world, of course, you may simply not have the luxury of months or weeks of time before you plan to sell. A sudden job relocation, for example, can put you on a very tight timescale indeed before you need to get the home listed.So what can be done in a few very short days to make the home look as good as possible for prospective buyers?Here are five simple tips that will enable you to bring about significant improvements in a very short space of time:Spring clean the interior - A day or so of intensive house cleaning is going to make everything sparkle that much better. Fresh looking carpets, clean windows, spotless kitchen work surfaces, fres... 12/31/2015

As we never tire of saying, right now is a fabulous time to sell a home in the Albuquerque area. A glance at our blog last Friday on the latest real estate stats for the area are a fine testiment to that statement!Indeed, with such incredibly positive signs of the health of the market right now, it's tempting to think that you simply cannot go wrong. While there is perhaps a little truth to this, in order to maximize your return on the sale and sell the home in the quickest possible time, there are still some big pitfalls you need to studiously avoid.Paying too much attention to generic website prices - It's great fun to visit the big generic real estate websites and find out what they reckon your home's worth. Unfortunately, and for a wide variety of reasons, the pricing is rarely, if ... 12/31/2015

Want to supercharge your home's selling potential by Monday morning and be ready to sell in the New Year?Given the low inventory levels this winter, you really do need to be making the most of an incredible opportunity to sell your home before the onslaught on new homes in the Spring.One of the easiest ways of fine tuning your home's appearance to potential buyers is to focus on curb appeal. The really good news is that there are some really fast and inexpensive ways you can transform that initial impression viewers get as they drive up and walk into the property.Here are 10 simple tips that you could easily effect this Saturday and Sunday after welcoming in the New Year:Lawn care - The most simple and basic of all curb appeal tips. Neat and tidy lawns are an absolute home selling prere... 12/31/2015