Join Tego and Tracy Venturi in episode 509 of Albuquerque Real Estate Talk as they dive into key aspects of Albuquerque's housing market. The latest trends in home values, detailed analysis of Zillow's home value index, and the importance of full home inspections, and the New Mexico licensing standards for inspections. Learn about a new affordable housing project supporting residents with disabilities and mental health needs, and explore the current state of single-family home building and permit trends in Albuquerque. The discussion also covers the specifics of 'as is' home sales, buyer rights, and common scenarios involving repair requests. Whether you're considering buying or selling, this episode offers valuable insights and tips to navigate the Albuquerque real estate market effectively.

Albuquerque Real Estate Talk #505: Best Time to Buy a Home & Mortgage Rate Updates

Welcome to episode 505 of Albuquerque Real Estate Talk with Tracy and Tego Venturi of Real Broker. In this mid-September 2024 episode, we discuss mortgage rates nearing sub-6%, top questions from home buyers, and the best time of year to buy a home, according to Realtor.com. We also delve into the debate between buyer's and seller's markets, share the latest home value data for Albuquerque, and highlight community events like the hot air balloon poster collection and a local book exchange. Tune in for expert insights and local market updates!

00:00 Introduction and Episode Overview

00:13 Current Mortgage Rates and Market Trends

02:00 Hot Air Balloon Fiesta Poster Collection

03:15 Book Exchange Event Details

04:46 In-Depth Discussion on Mortgage Rates

08:06 Common Home Buyer Questions Answered

18:42 Albuquerque Home Values and Market Statistics

24:34 Best Time of Year to Buy a Home

27:35 Conclusion and Contact Information

Visit: https://welcomehomeabq.com