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Housing Prices - What to Expect in 2012

by Elite Asset Management Team

Often the Elite Asset Management Team is asked how the Albuquerque Real Estate Market is doing?  As an expert the Elite Team researches the market and reads articles to keep us informed on the latest market trends.  I found this interesting article in DS News that discusses the current market and the road to recovery.  Read the article here: http://www.dsnews.com/articles/housing-market-strengthening-but-long-road-to-recovery-lies-ahead-2011-12-23

Many of the statements within this article I find true in the local Albuquerque Real Estate Market.  The inventory of homes in the Month of December was at its lowest point that our team has seen in years.  There are many factors for this, but all signs point to a healthier inventory of  homes based on demand.  It is true that distressed sales are on the rise in the local area, but many of those properties will require some investment to improve those properties in order to move into or to attain them as investment properties.  Non-distressed properties are still selling and the decline of price is not as significant as many people may think.  Non-distressed properties are great options for many buyers because they simply do not want to invest the money or time into fixing up a property.

Our team hope you enjoy this article and hope it brings you some insight to how our market will evolve during 2012.

If you have any Real Estate needs feel free to contact Sean or Pete with the Elite Asset Management Team.

Happy New Year!

Sean and Pete

Foreclosure fears foster true grief

by Elite Asset Management Team

Reports of foreclosures by the millions have been in the news so much over the past few years that to some, it might seem like the new normal. But as a real estate professional who is in the trenches with financially stressed homeowners every day, it never for a second feels to me like business-as-usual. Our Real Estate team specializes in the Albuquerque Distressed Sale market and we have been helping families with this type of struggle since 2007.

The prospect of losing ones home is right up there among the major sources of grief, and often, it goes hand in hand with other tragic setbacks such as the loss of a job, a divorce, death of a loved one, mounting medical bills or skyrocketing mortgage payments.

Unfortunately, the first stage of grief is denial, and that’s even more the case when the threat of foreclosure is looming. No one wants to talk about or admit financial troubles—even when millions of others have found themselves in a similar spot.  It’s completely understandable, but for homeowners who are behind on mortgage payments, decisive action is often the most critical step toward ensuring the best possible solution.

As a real estate professional in the Albuquerque Real Estate market who has sought out the Certified Distressed Property Expert (CDPE) designation, our team helps homeowners to deal with every aspect of the grief and uncertainty that accompanies a mortgage which is no longer manageable. In the process, we help them to get on a path of financial solvency.

If you or someone you care about would like to change the course of a life that’s facing foreclosure, our team gets it and we can help.

Contact Pete or Sean with the Elite Asset Management Team at [email protected] or call Sean at 505-453-3002 or Pete at 505-362-2005.

Our Team is here to help with anyone that is facing foreclosure.

Warm Blessing,

Sean and Pete

New Website has gone Live!

by Elite Asset Management Team

The Elite Asset Management Team is pleased to announce the release of our new website www.EliteAssetMgtTeam.com!  We are very excited because this website features many new features for Buyers to search for properties in the Albuquerque and Rio Rancho area.  There are many Buyer Reports and tools to help educate the buying process and also easy search features when looking at Albuquerque Real Estate.  In addition, we have some tools and reports for Sellers to utilize.  There is a Home Values button at the top of the website that helps Sellers request a Free Market Analysis.

Other great features is the Listings By email that Buyers can sign up for and receive on a daily basis.  This search is also specific to the Buyers search criteria and you can select what criteria you want when searching for Albuquerque Real Estate. Buyers can also select the Bank Owned button that allows buyers to search for Bank Owned property in a specific price range. Past clients and current clients can sign up to receive our Monthly Newsletter that will be updated monthly and will have some great Real Estate information ranging from topics about home mortgages, Albuquerque Area Foreclosures, Short Sales, and updates on the Albuquerque Real Estate Market.

In you know anyone that can benefit from using our website please pass the link on to your friends and family. The biggest compliment we can receive is a referral and we will provide that same level of service you experienced with us in the past.  We look forward to hearing from you soon and please let us know your thoughts about our new website.

Warm Regards,

Sean and Pete, #1 Re/Max Elite Team

Displaying blog entries 1-3 of 3

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Elite Asset Management
RE/MAX SELECT
8300 Carmel Ave. NE Ste. 203
Albuquerque NM 87122
(505)362-2005

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