Benefits of Buying New Construction

Benefits of Buying New

 Having a home built may be long process, but there are many benefits. Instead of dealing with bidding wars and low inventory, many home buyers are choosing to purchase new construction directly from a builder. Let’s take a look at some of the benefits of buying new.

 Location

Home builders do a lot of research when deciding where to build a new home development. These new communities are typically found in upcoming markets where tremendous growth is expected. Typically these areas have plans for not just residential growth but also commercial and industrial growth that will stimulate the local economy.  

 Buying in a new build community will give you access to high-quality amenities. Schools and hospitals are also…

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How's The Housing Market In Albuquerque?

How’s The Market?

A Look At The Real Estate Market In Albuquerque, NM

Like most of the country, Albuquerque’s real estate market has been red hot in the last couple of years. We have seen some colossal home value appreciation, bidding wars, and record low inventory.

Now, things are beginning to shift for a few reasons. First, you’ve probably heard that interest rates have increased significantly since the start of 2022. This increase, coupled with fears of an economic recession, has slowed the market down a bit. So what does that mean if you’re considering buying or selling a home in Albuquerque? Let’s take a look. 

It’s Still A Seller’s Market

Despite what you may have heard on the news, we are still in a seller’s market,…

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Rio Rancho’s NM Real Estate Market Continues To Grow

Rio Rancho’s Real Estate Market Continues To Grow

Rio Rancho is the fastest-growing community in New Mexico and a great place to call home! The city has been recognized as one of the safest and best places to raise kids in the country. If you’ve been thinking about buying a home in Rio Rancho, it’s a great idea to do so. Let’s discuss the real estate market in Rio Rancho so you can understand what to expect.

 How’s The Market?

The real estate market in Rio Rancho has been hot for years and does not seem to be cooling down. Sellers still have the upper hand when it comes to negotiations, but homes do sit on the market a bit longer than they do in other parts of the state – the average number of days on the market is 35. This is good news for…

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The Best Albuquerque Homes for Sale | NM Home Team | Alfonso Salazar

When it comes to buying a new home, there are a lot of options. Whether you are looking to relocate for a new job, or simply need a bigger house because of your growing family: NM Home Team has you covered! 

Take a look at the options for sale in the Albuquerque area, by following the link to our website here: NM Home Team | Albuquerque Homes

If you need further assistance and would like a few pointers, we are here to help!

Contact us via phone anytime at (505) 450-3779, or chat with us LIVE on the website: NM Home Team Main Page

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Five Signs You've Outgrown Your Home

Starter homes are great for a small family, newlyweds or a couple without children.  As your family begins to grow, you may feel that the smaller "starter" home you bought may not be the best fit for your family.  

Here are five signs that you may have outgrown your home and it may be time to upgrade.  

1. Your family has grown.  As your children get older or you have more children, you may find that spaces are beginning to get cramped.  Toys fill the bedrooms, living room and have began to take over the kitchen and other common areas. 

2. You've gotten older.  You don't necessarily need a larger home, you may just need a home that meets your needs better.  As your children get older and move on, you may find your home is no longer suiting your…

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First time home buyers, start here!

When you are buying your first home, it might be a little overwhelming knowing where to start and what comes next.  I remember being confused, not knowing where to start or if we were even ready to buy a home.  

Here are 5 things to think about when you start considering that home ownership might be in your future.  

1. Think about what you can afford.  What are you currently paying for rent?  Could you afford to pay anymore than you already are?  Do you have any money saved that you could put down to help lower your mortgage payment?  Once you know what type of payment you can afford, you are able to figure a price range of the homes to begin looking at.  You don't want to have a budget of $200,000 but fall in love with a home that is $400,00.  

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