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Greater Albuquerque Market Update March 2013

by Elite Asset Management Team

I wanted to take a moment and share the latest Greater Albuquerque Market Update with you for March 2013.

We are seeing some good news for sales of single family detached homes in the Greater Albuquerque Area. Sales are up 12.75% from the same period last year.  March marks the fifteen month where the current month’s sales exceeded the same month the prior year.  Pending sales of single-family detached homes rose 8.52% from the previous year and increased 21.36% from February 2013.

Now is the perfect time to take advantage of our market, especially buying as interest rates are starting to edge up.

We also have several programs available for you if you are looking to sell and either move up or downsize. The time could be now.

Please give me a call at 505-362-2005 to discuss any questions you may have or any friends or family that will need my help.

Thank you for your time and consideration.

Best Regards,

Pete Veres
505-362-2005

5 Steps to picking the right agent to Sell your Home

by Elite Asset Management Team

 Are you thinking of selling your home? Here is a great article that I found on Kiplinger's that discusses how to find the right Real Estate Agent to sell your home. In a quick summary there are 5 steps to selecting the right agent;  

1. Round up good prospects. 

2. Ask Tough Questions. 

3. Find out who the agent is working for.  

4. Make sure your agent has a back up.  

5. Sign the right contract.  

For more details please read the following article on each 5 steps. http://realestate.msn.com/5-steps-to-picking-the-right-agent-to-sell-your-home 

The Spring time is here and if you know anyone that is thinking of selling please contact Sean Hellmann or Pete Veres of the Elite Asset Managment Team with Re/Max Elite. Many of you have had the pleasure to work with us and any referral would be greatly appreciated. You can be assured that your referral will be treated to the same level of service we provided to you. Have a great Spring.

Real Estate is still one of the Best Investments

by Elite Asset Management Team

Pete Veres and Sean Hellmann want to share this quick video. Warren Buffet continues to state that SF homes are the Best Investments. Pete Veres, CIAS - Certified Investment Agent Specialist also wants to add that right now multi family units are providing a great ROI & cash flow as prices are extremely low right now and rental demand is high.

 

Home Prices Rise - National Housing Report

by Elite Asset Management Team

Pete Veres and Sean Hellmann want to share a bit of good news. We have started to see some positive signs locally here in Albuquerque. RE/MAX CEO Margaret Kelly appeared on CNBC's Street Signs on March 14, 2012 to discuss the RE/MAX National Housing Report, which found that for the first time in 18 months, home prices rose year-over-year in February

Mortgage rates tumble to record low

by Elite Asset Management Team

Wonder if it is still a good time to buy in the Albuquerque Real Estate Market?  The great news for Buyers this year is current interest rates continue to tumble week by week.  This is also good news for Sellers as more buyers are jumping on these historic low interest rates.  For more information on the continued trend of low mortgage rates please ready this article found on MSNBC: http://www.msnbc.msn.com/id/38770102/ns/business-real_estate/t/mortgage-rates-tumble-record-low/

If you are thinking about buying or know someone that is considering taking advantage of the low interest rates please contact Sean Hellmann or Pete Veres with Re/Max Elite and the Elite Asset Management Team.

We have excellent resourses for great loan programs to include First Time Buyer loan programs, investor loans, conventional loans and VA Loans.  We are ready to help you at anytime in this great Albuquerque Real Estate Market.

Top 5 Mistakes Sellers Make When Selling a Home

by Elite Asset Management Team

Pete Veres and Sean Hellmann would like to share with you on how to avoid the 5 Top Mistakes Home Sellers make when selling a home. Choosing to work with a qualified RE/MAX agent can help you avoid costly mistakes such as incorrectly pricing your home, not preparing your home for sale, and ineffective marketing. Choose Wisely. Choose the Elite Asset Management Team with RE/MAX Elite

 

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Displaying blog entries 1-6 of 6

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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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