Albuquerque Real Estate Talk: Episode 491 - Appraisals, Affordability, and Market Trends In this episode of Albuquerque Real Estate Talk, Tego and Tracy Venturi discuss various aspects of the real estate market in Albuquerque as the summer of 2024 begins. Topics include the home appraisal process, issues arising with low appraisals, and the implications for buyers and sellers. They delve into newly released data on home affordability by the National Association of Home Builders, highlighting how Albuquerque compares to other U.S. cities. Cross-market demand is analyzed, showing where people looking at Albuquerque are currently based and where Albuquerque residents are looking to move. Additionally, the episode features the home of the week—an impressive multi-generational property in Corrales, NM. Current market trends are discussed, including a notable rise in price reductions. The show wraps up with insights into specific features that affect home values and provides useful tips for both buyers and sellers. 00:00 Welcome to Albuquerque Real Estate Talk 00:24 Diving Into the Home Appraisal Process 15:21 Exploring Home Affordability and Market Trends 18:55 Cross Market Demand Insights 21:46 Analyzing Current Real Estate Data Points 28:26 Wrapping Up with Weekend Wishes

Welcome to Albuquerque Real Estate Talk, Episode 490! Join Tego and Tracy Venturi as they discuss the latest trends in the Albuquerque real estate market for mid-May 2024. This episode covers reasons to consider new construction homes, affordability comparisons with other markets, and a segment on misleading headlines that catch your eye. They also offer insights into the changing landscape of realtor commissions and preview several exciting properties currently on the market. Tune in for valuable tips and data-driven insights to help navigate the current real estate market. Venturi Realty Group - Real Broker LLC (505) 448-8888 info@welcomehomeabq.com https://welcomehomeabq.com #RealEstate #NewMexicoRealEstate #AlbuquerqueRealEstate #RealEstate #VenturiRealtyGroup #Albuquerquehomes

Welcome to Albuquerque Real Estate Talk episode 489 on May 11, 2024. In this episode, Tego and Tracy Venturi delve into various key topics in the real estate market. They discuss the optimal timing for selling homes, revealing insights on the best months, such as June, July, and August, for securing higher prices. Additionally, they shed light on the Zillow Showcase Listing Plus program, highlighting its premium marketing features and increased exposure to potential buyers. The discussion also touches on the current landscape of home equity and net worth for homeowners, providing valuable information for property owners. Moving on, Tego and Tracy explore the dynamic nature of mortgage rates, presenting contrasting viewpoints from housing economists and homeowners on the future trajectory of rates. They emphasize the importance of considering personal circumstances when deciding on real estate transactions, irrespective of market fluctuations. The duo then delves into the process of home inspections, outlining the significance of comprehensive inspections and the various types of tests that can be conducted to ensure a property's condition. The conversation extends to environmental tests, structural inspections, and other essential evaluations that homebuyers and sellers should be aware of. Through engaging anecdotes and informative insights, Tego and Tracy guide listeners through the intricacies of the real estate market, offering valuable advice and expertise. To stay updated on the latest trends and insights in the Albuquerque real estate scene, tune in to the Albuquerque Real Estate Talk podcast by the Venturi Realty Group, available on YouTube and other platforms. Reach out to the team at 505 448 8888 for personalized real estate services and expert guidance. Happy Mother's Day and have a great weekend!

Episode 488 of 'Albuquerque Real Estate Talk' delves into the latest housing market data for the Albuquerque area for April, covering topics like housing affordability and the economic impact of short-term rentals in New Mexico. The hosts discuss the number of homes sold, price appreciation, and the increase in homes on the market, alongside interest rate pressures potentially affecting buyer affordability. Additionally, they touch on the surge in demand for service providers like photographers and home inspectors due to the influx of homes on the market. The episode also highlights the economic contributions of short-term rentals, disputing the notion that corporate investors significantly impact housing availability. It showcases local home listings, including a short-term rental opportunity near Old Town and a property on Pawnee Trail, emphasizing a variety of open houses ranging in price. Lastly, it mentions an investment opportunity in Tierras with acreage for potential buyers. 00:00 Welcome and Overview of Today's Topics 00:41 April Housing Market Update for Albuquerque 01:42 Surge in Home Listings and Impact of Interest Rates 02:36 Service Providers' Busy Schedules Indicate Market Activity 06:22 Exploring the Central New Mexico Parade of Homes 07:07 Highlighting Affordable Homes and Local Builders 12:44 The Economic Impact of Short-Term Rentals in New Mexico 17:45 Investment Opportunities and Open Houses This Weekend 20:39 Debunking Myths: Investor-Owned Properties in Albuquerque 26:31 Featured Property Listings and Closing Remarks

Join Tego and Tracy Venturi as they delve into the vibrant world of Albuquerque real estate in episode 487 of Albuquerque Real Estate Talk. This episode unpacks the intricacies of incorporating real estate into your investment portfolio, exploring options like 401ks and IRAs. Dive into the pressing question: why aren't renters buying homes? Witness Tracy tackle this query head-on, shedding light on current market dynamics and the psychological barriers potential buyers face. The duo also navigates through the maze of making strong offers in a competitive market, especially in a seller's dominated landscape. Tego and Tracy don't stop there; they provide a thorough breakdown of Zillow's role in the real estate valuation process, demystifying the data behind home appreciation rates and confronting the skepticism surrounding these figures. They also touch upon the Albuquerque Metro area's housing data, offering insights into the complex blend of single-family homes, rental units, and the pivotal role of demographics in understanding market trends. From discussing the challenges of home affordability to debating the merits of new construction versus older homes, Tego and Tracy cover a vast range of topics pertinent to buyers, sellers, and the merely curious. They even peek into the upcoming Parade of Homes event, highlighting its significance in the local market. Whether you're a seasoned investor, a first-time homebuyer, or somewhere in between, Albuquerque Real Estate Talk episode 487 with Tego and Tracy Venturi is packed with valuable advice, insightful analyses, and engaging discussions that will leave you better informed about the nuances of today's real estate market.

In this informative episode of Albuquerque Real Estate Talk, hosts Tego and Tracy Venturi dive deep into the latest trends and forecasts within the local real estate market. From dissecting the impact of interest rates on home buying to exploring new construction opportunities and the economic influences of real estate, this episode covers crucial updates and analyses for both buyers and sellers. Featuring insights into buyer and seller desires, local market statistics, and the broader economic implications of housing in Albuquerque, listeners are given a comprehensive look at the current state of real estate as of late April 2024.

In this episode of Albuquerque Real Estate Talk, Tego and Tracy Venturi provide an in-depth analysis of the Albuquerque real estate market, including the latest property sales data, market trends, and updates on the apartment market. They also highlight exciting open house events, discuss tax assessments, and share valuable insights on property valuations. Additionally, the episode features helpful advice for both homeowners and prospective buyers, making it a must-listen for anyone interested in Albuquerque's real estate landscape. The Venturis also offer valuable advice on property tax assessments, including how to understand and potentially contest your tax assessment notice. The episode concludes with insights into what buyers and sellers want from real estate agents and an update on the rental market's vacancy rates and expectations for rent growth.

Are you eager to navigate the bustling Albuquerque real estate scene? Tune in to Episode 484 of Albuquerque Real Estate Talk where hosts Tracy and Tego Venturi dive into the latest trends shaking up the market. Discover the rise of exciting new housing developments with 90 freestanding homes featuring internal courtyards and community gardens. Explore the innovative Eleanor development and understand why the concept of building single-family homes for rent is gaining traction in Albuquerque. Stay ahead of the curve as the Venturis analyze the housing market, discussing the impact of lending standards on the growth of build-to-rent neighborhoods. Learn about the evolution of the National Association of Realtors settlement agreement and how it's shaping real estate commissions. The Venturis tackle the tough topic of housing affordability, shedding light on the challenge of building new homes under $300,000 and the median home price of around $350,000. In this episode, you'll also find out about a new centralized resource for rental properties to combat the prevalence of rental scams. Gain insider knowledge about the true ownership of rental properties and what factors really affect housing affordability. Plus, get a first-hand look at a new trend in the build-to-rent sector with a spotlight on Griegos Farm. With personal anecdotes and a preview of upcoming changes in real estate transactions, this is an episode packed with valuable insights. Eager for more? Want to attend an open house or have some specific property needs in mind? Don't hesitate to reach out for personalized advice. Dial up the Team at 505-448-8888 for all your real estate needs in Albuquerque or visit https://welcomehomeabq.com to get in touch and learn more about your next steps in the real estate journey. Listen now to Albuquerque Real Estate Talk – your key to unlocking the door to your new home.

Are you curious about the latest real estate buzz in Albuquerque? Tune in to this week's captivating episode of Albuquerque Real Estate Talk where your hosts, Tracy and Tego Venturi, dive deep into the local property market's pulse. Discover which ZIP codes are currently the hottest seller's markets and why properties in areas like 87112 and 87121 are flying off the shelf! As Tracy and Tego unravel the intricacies of the Albuquerque housing scene, they shine a light on mortgage rate trends and their impact on affordability, the surprising lock-in effect on home sales, and the volume of new listings and pending sales. Are you eyeing a home with a septic system? Our hosts provide a treasure trove of maintenance tips to keep your future property in top shape. Hear the truth behind the headlines about the recent real estate commission lawsuit settlement and learn how it could affect your home buying or selling strategy. Plus, get the inside scoop on rare finds in the Albuquerque area, like homes in the coveted low $300,000s and an exclusive property with a swimming pool waiting just for you! Don't miss Tracy and Tego's personal touch as they chat about the joy of local events and the quirks of April Fools' Day celebrations. Ready for a real estate enlightenment? Sit back, relax, and let the expert couple guide you through the complexities of the Albuquerque market in an easy-to-digest format, perfect for a morning commute or a quiet evening at home. If you're chomping at the bit to learn more or need expert real estate advice, don't hesitate to call the Team at 505-448-8888. For more resources and information, or to get in contact with Tracy and Tego, visit https://welcomehomeabq.com. Don't let your real estate questions go unanswered – tap into Albuquerque Real Estate Talk now!

🏠 New Podcast Alert! 🎧 Hey everyone! Tracy here from Albuquerque Real Estate Talk, and I'm thrilled to share our latest episode with you all. Tego and I dove into the February 2024 housing market data for Albuquerque and unpacked some really interesting trends. Despite a slow month with 700 homes sold, we're seeing unique shifts in the market that definitely deserve a look. We also chatted about the ins and outs of assumable mortgages, a topic that's getting a lot of buzz lately, and we covered some invaluable tax advice and tips for down payment assistance that might just make your path to home ownership that much smoother. Tune into Albuquerque Real Estate Talk 482 to catch all the insights. Whether you're buying, selling, or just love keeping up with real estate, there's something in there for you. Your support means the world to us, and we're so proud to be a part of your real estate journey. Catch the episode on our YouTube channel, and don't hesitate to reach out with any questions or feedback! Thanks for listening! #AlbuquerqueRealEstate #NewMexicoHomebuyers #RealEstatePodcast #AlbuquerqueRealtors

Welcome to this week's episode of Albuquerque Real Estate Talk, where Tracy and Tego Venturi, from the Venturi Group of Real Broker, discuss the latest trends and insights in the Albuquerque and national housing market. In this episode, they cover a wide range of topics, including the upcoming Albuquerque home show, the story of Rio Rancho, home affordability, median time people stay in their homes, and the top 10 home features in Albuquerque that add value. They dive into the importance of surveys in home purchases and explore the dynamics of the current housing market in Albuquerque, providing valuable tips for both homebuyers and sellers. Tracy and Tego also analyze housing market trends, supply and demand dynamics, and the implications for buyers and sellers in the Albuquerque area. They share practical tips for navigating the real estate market, including strategies unique to the Albuquerque market. Additionally, they discuss the challenges and opportunities in the current market and offer insights tailored to the needs of their listeners. Don't miss out on this insightful and engaging discussion about the Albuquerque real estate market. To get in touch with Tracy and Tego Venturi for your real estate needs in Albuquerque, call them at 505-448-8888 or visit their website at https://welcomehomeabq.com. Tune in to the podcast now to gain valuable knowledge about real estate in Albuquerque and beyond!

Are you looking for the inside scoop on the Albuquerque real estate market? Dive into this week's episode of Albuquerque Real Estate Talk with Tracy and Tego Venturi, where they break down the nitty-gritty of what's happening in the Metro Albuquerque area. Discover how the anticipated growth to 1 million residents is shaping the housing landscape and what this boom in population means for you, whether you're buying, selling, or simply love the thrill of the market. Tego Venturi offers a deep dive into the Zillow home value index, revealing eye-opening trends and how homeowner equity has been impacted since 1998. Tracy Venturi joins the conversation with essential advice on how to determine your home's worth with a comprehensive equity analysis. In this episode, you'll also learn about the latest zoning updates that could affect your property decisions and how the introduction of ADUs on r one residential lots can change the game. Get the lowdown on the handy assumable loan search tool, a potential game-changer for buyers seeking affordability in this competitive market. Discover unique property highlights, from the ongoing project at 49 La Cressida Circle to the 'cabin-like' charm of certain Albuquerque homes. Enjoy a sprinkle of Super Bowl banter and take away invaluable life lessons from the Chiefs' victory that apply to real estate. Need more convincing? Listen to how municipalities, HOAs, and land use regulations such as CC&Rs and KIVA can affect your property use. Find out how to take advantage of Energy Star rebates for making energy-efficient upgrades to your home. Get ready to be informed, entertained, and maybe even a little bit surprised by what Albuquerque's shifting real estate landscape holds for you. Don't miss out on this valuable conversation. Tune in or call the Team at 505-448-8888 for tailored assistance with your real estate needs in Albuquerque. For more insights or to start your Albuquerque real estate journey, visit https://welcomehomeabq.com today. Your next real estate adventure starts here!

Are you navigating the ever-challenging waters of the Albuquerque real estate market? Look no further as Albuquerque Real Estate Talk 479 brings you an exclusive deep dive into the latest housing trends, affordability challenges, and savvy buying strategies in the Land of Enchantment. In this week's episode, your trusted hosts Tracy and Tego Venturi address the pressing issue of housing affordability. With Tego discussing the increasingly popular model of co-buying through companies like CoBuy, they explore innovative solutions to owning a home in today's market. Tracy sheds light on the often overlooked impact of HOA fees on monthly payments and why considering the full package of costs is crucial for condo and townhome buyers. Delve into the dynamics of fluctuating apartment rents in Albuquerque, the rise of multigenerational living, and the implications of builders constructing smaller, more affordable homes in response to market demands. The Venturis don't shy away from tough topics, discussing the often viral opinions on the quality of affordable housing and defending the necessity of such options in the current economy. Discover how the concept of 'shrinkflation' has hit real estate, with homes getting smaller but not necessarily cheaper. Learn about the latest legislative efforts in New Mexico to combat this issue and why the Venturis believe there's more to solving the housing crisis than financial aid alone. Whether you're a first-time homebuyer, a seasoned investor, or simply curious about the state of real estate in Albuquerque, this episode is packed with invaluable insights, data, and heart-to-heart conversations that can guide your property journey. Don't miss out on this opportunity to empower your real estate knowledge. Tune in now to Albuquerque Real Estate Talk 479 – your home for smart, honest advice on buying and selling in New Mexico. For personal guidance tailored to your unique real estate needs, call the Team at 505-448-8888 or visit https://welcomehomeabq.com, where Tracy and Tego are ready to assist you with your Albuquerque real estate endeavors. Listen and take the first step towards making informed property decisions today!

Welcome to this week's episode of Albuquerque Real Estate Talk. Join hosts Tracy and Tego Venturi as they delve into the latest trends and insights shaping the Albuquerque real estate market. In this jam-packed episode, they analyze the unpredictable nature of mortgage rates, the impact of interest rates on buyer behavior, and the median price for single-family homes in Albuquerque. Tracy and Tego also explore the dynamics of decision-making between couples in home-buying situations, emphasize the importance of proper staging when selling a home, and provide valuable tips for creating an effective pricing strategy to sell a home. Additionally, they dive into the implications of the housing shortage in the United States, the latest housing market trends nationwide, and the significance of using relevant sales to price homes accurately. A key highlight includes updates from Fannie Mae's chief economist, Douglas Duncan, projecting a stable real estate market in 2024 with slight increases in home sales. With insightful commentary and practical advice, this episode is a must-listen for anyone looking to navigate the Albuquerque real estate landscape. Don't miss out on this wealth of information and expertise! Tune in to the full episode to gain valuable insights and guidance for your real estate journey. Or if you're ready to make your move in Albuquerque, call the team at 505-448-8888 or visit https://welcomehomeabq.com to get in touch and supercharge your real estate endeavors today!

Join Tracy and Tego Venturi on this week's episode of Albuquerque Real Estate Talk as they delve deep into the latest housing market trends and real estate news in New Mexico. With a focus on the Albuquerque market, they discuss the impact of baby boomers on real estate, neighborhoods with the most expensive homes, and the comparison between new construction and resale homes. Learn about the unique features of properties for sale in Belen, Ventana Ranch, Corrales, and Bareilles. Listen in as they touch on invaluable tips for home buyers and sellers, including pointers on neighborhood research, the importance of visiting neighbors, and considerations when choosing a neighborhood. Plus, get insights into a luxury home for sale in Corrales, priced at around $1 million, and discover a guaranteed sale program for those looking to buy a new home. Don't miss out on this wealth of real estate knowledge! Tune in now, or call the team at 505-448-8888, and visit https://welcomehomeabq.com to get expert help with your real estate needs in Albuquerque.

Welcome to this week's episode of Albuquerque Real Estate Talk! Join Tracy and Tego Venturi as they delve into the latest trends and insights in Albuquerque's dynamic housing market. In this episode, They also unpack the impact of the $15,000 down payment assistance program by the New Mexico Mortgage Finance Authority and provide valuable tips for potential homebuyers. Additionally, Tracy and Tego unveil the hottest ZIP codes and median home prices in Albuquerque for 2023, exploring the challenges and opportunities within the city's diverse real estate landscape. They also touch upon the impact of rising homeowners insurance rates and how it affects New Mexico homeowners, making this episode a must-listen for both buyers and sellers. If you're ready to dive into Albuquerque's real estate scene or need expert guidance on buying or selling a home, tune in to this episode and gain valuable insights from the Venturi Realty Group. Give them a call at 505-448-8888 or visit their website at https://welcomehomeabq.com to learn more about real estate in Albuquerque.

Welcome to Albuquerque Real Estate Talk! In this episode, Tracy and Tego Venturi dive deep into the latest real estate trends in Albuquerque, bringing you invaluable insights for both buyers and sellers. They discuss the exciting release of the MFA first down plus program, offering $15,000 towards the down payment for first-time homebuyers, and the potential impact on the local market. They also analyze the state of bank-owned properties and homes under contract, shedding light on what it means for buyers and sellers. Plus, they share tips for home preparation and offer assistance in navigating the Albuquerque market. With engaging discussions on football, skiing, and real estate statistics, this episode is packed with information you won't want to miss. Tune in for expert advice and timely updates, and visit https://welcomehomeabq.com, or call the Team at 505-448-8888, to get help with your real estate needs in Albuquerque.

Welcome to Albuquerque Real Estate Talk, where Tego and Tracy Venturi provide the latest insights and trends in the Albuquerque housing market. In episode 474, they delve into the best time to sell a home in Albuquerque and discuss the impact of the new down payment assistance program launched by the New Mexico Mortgage Finance Authority. Discover essential tips for preparing your home for sale, including the importance of digital curb appeal and the best month to list your property. Gain valuable knowledge on current trends, mortgage rates, and projections for the 2024 housing market. Whether you're a first-time homebuyer or considering selling, this episode offers practical advice tailored to the unique dynamics of Albuquerque's real estate market. Don't miss out on expert advice and valuable insights! Listen to the full episode on your favorite podcast platform or call the team at 505-448-8888 to get personalized support with your real estate needs in Albuquerque. For more information or to get in touch, visit https://welcomehomeabq.com.

Welcome to the latest episode of Albuquerque Real Estate Talk, where Tracy and Tego Venturi bring you the hottest real estate insights and trends straight from the heart of New Mexico. In this episode, they delve into the burning issues facing the Albuquerque real estate market, discussing the impact of planning, zoning, and the 'Not In My Backyard' problem on the local housing shortage, and offering valuable advice for buyers and sellers in this unique market. Tune in to hear their take on the current slow real estate market and the anticipated drop in interest rates, which could lead to a potential 'refi boom' in 2024. Gain valuable insights on the fluctuating trends in home prices, mortgage interest rates, and the expected surge in home sales and listings in the coming year. Discover the controversy surrounding short-term rentals like Airbnb and Vrbo, and learn about the minimal impact of large entities on single-family home ownership in Albuquerque. Combined with their reflections on the 2023 housing market and predictions for 2024, this episode is a must-listen for anyone interested in Albuquerque real estate. If you're ready to navigate the Albuquerque real estate market, don't miss out on their expert advice and valuable tips. Listen to the episode now, or call the Team at 505-448-8888 to get personalized assistance with your real estate needs in Albuquerque. You can also visit https://welcomehomeabq.com to learn more and get in touch!

Are you curious about the current state of the Albuquerque real estate market? Tune in to the latest episode of Albuquerque Real Estate Talk, where hosts Tracy and Tego Venturi share insightful analysis and trends shaping the local housing scene. In this episode, they delve into the rising demand for Accessory Dwelling Units (ADUs) in Albuquerque, discussing the availability of free casita construction plans on the city's website, and guiding listeners on navigating regulations and potential property value increase. They also unravel the significance of key amenities sought after by homebuyers nationwide, contrasting them with Albuquerque's unique market preferences. Plus, don't miss their expert advice on heating duct inspections, the rent vs. buy debate, and valuable insights from a renowned economist. Whether you're a prospective buyer, seller, or simply intrigued by the real estate landscape, this episode offers valuable tips and eye-opening discussions. Ready to dive into Albuquerque's real estate world? Listen now or call the Team at 505-448-8888 for personalized assistance with your real estate needs in Albuquerque. Visit https://welcomehomeabq.com to connect with the Venturi Group of Realty Broker today! 🏡 #AlbuquerqueRealEstate #NewMexicoRealEstate #AlbuquerqueRealtors