Market Statistics for Q2 2022 Posted

The Market Statistics for the 2nd Quarter 2022 were released to the media and posted on the GAAR website on Monday, July 25th. The Quarterly Reports versus…

KRQE: Albuquerque housing market seeing slowdown”

Jun 29, 2022 / 10:04 PM MDT

ALBUQUERQUE, N.M. (KRQE) –  The Albuquerque real estate market took off over the last two years, often forcing home…

NAR: Existing-Home Sales Housing Snapshot May 2022

May 2022 brought 5.41 million in sales, a median sales price of $407,600, and 2.6 months of inventory. The median sales price is up 14.8%…

Nationwide Homeowners See 12-Month Equity Gain of $64K

Rising home prices keep pushing up equity for homeowners. The average homeowner gained about $64,000 in equity from the first quarter of 2021 to the…

$93,800 = Economic Impact of a Home Sold in NM

Real estate has been, and remains, the foundation of wealth building for the middle class and a critical link in the flow of goods, services,…

NAR: Pending Home Sales Descend 3.9% in April

Key Highlights

• Pending sales slid for the sixth consecutive month, down 3.9% in April from March.
• Pending sales rose in the Midwest and fell…

NAR’s Yun: ‘The Market Is Quite Unusual’

For the third consecutive month, existing-home sales fell, but buyers are still eager. Higher mortgage rates and prices and low inventory continue to chip away…

MLS Basic Training Video with Richard Gibbens

SWMLS Director Richard Gibbens provides MLS Basic Training. View the entire video or see the clickable timestamp below for specific topics you…

Albuquerque’s median sale price for single-family homes reach new high

By Ron Davis  –  Reporter, Albuquerque Business First

Apr 11, 2022 Updated Apr 12, 2022, 11:09am MDT

The median sales price for a detached single-family home in the Albuquerque market…