If you are interested in learning interesting facts about the Albuquerque and the surrounding areas, I came across a Facebook © page that has a little bit of everything. They talk about local business, things to do, local news and the history of our growing city. Facebook.com/AbqNewsCastic is a refreshing take on Albuquerque news.
On another note, the Fiery Foods and Barbecue Show is having it's 27th annual show from March 6th to the 8th at the Sandia Resort and Casino. I have attended this event in the past and not only is the food fantastic, but they have great contests and different themes each year. People from all over the world attend and participate in this event. Tons of fun! Tickets are available at the door.
Be Well & Enjoy.
Strong Rental Market for Albuquerque and Rio Rancho
Compared to our surrounding states, our great city has the added benefit of a low cost of living, mild weather and year-round outdoor activities. We also have a rich culture that has been influenced by Native American and the Spanish cultures. If you love museums, the downtown area boasts of several museums reflecting the history, art and culture unique to our state.
The Albuquerque Metro area continues to grow and the housing and rental market provides affordable housing for every taste. From the newly renovated lofts in the downtown area, to the rural areas in the valley and Corrales, renters can find what they want for the right price. According to Zillow under their "Home Value Index", the average rent for a single family home across the metro area is between $1000 and $1025 per month. There's also a growing number of upscale houses across Albuquerque, Rio Rancho and Placitas that are affordable compared to surrounding areas and states.
If you are considering a move to the Land of Enchantment, we want to personally welcome you and hope you enjoy our city as much as we do.
Be well.
The Albuquerque Metro area continues to grow and the housing and rental market provides affordable housing for every taste. From the newly renovated lofts in the downtown area, to the rural areas in the valley and Corrales, renters can find what they want for the right price. According to Zillow under their "Home Value Index", the average rent for a single family home across the metro area is between $1000 and $1025 per month. There's also a growing number of upscale houses across Albuquerque, Rio Rancho and Placitas that are affordable compared to surrounding areas and states.
If you are considering a move to the Land of Enchantment, we want to personally welcome you and hope you enjoy our city as much as we do.
Be well.
Fun Things to do in Albuquerque
There are many things to do in the Greater Albuquerque area for people of all ages. I want to introduce you to a site that I use when I'm looking for activities. The http://www.visitalbuquerque.org/ website offers a great list of indoor and outdoor activities. You will find that some of the companies featured on the site will even offer special coupons.
There are too many activities to cover here, but some local favorites are the Hinkle Family Fun Center, Albuquerque Indoor Karting, the Sandia mountain walking and biking trails. Near Historic Old Town we also have the oldest building in the city (San Felipe de Neri Church), shops, restaurants and several museums that cater to you curiosity, the history of our state and your appreciation of art.
Other outdoor activities throughout the state are private balloon rides, rafting adventures like the Taos Box, kayak the Rio Grande, jeep tours, guided photography tours and so much more.
Life is short. Get out and have some fun!
There are too many activities to cover here, but some local favorites are the Hinkle Family Fun Center, Albuquerque Indoor Karting, the Sandia mountain walking and biking trails. Near Historic Old Town we also have the oldest building in the city (San Felipe de Neri Church), shops, restaurants and several museums that cater to you curiosity, the history of our state and your appreciation of art.
Other outdoor activities throughout the state are private balloon rides, rafting adventures like the Taos Box, kayak the Rio Grande, jeep tours, guided photography tours and so much more.
Life is short. Get out and have some fun!
First-time home buyers still have a great opportunity to buy a home.
First, a couple of statistics. According to the Greater Albuquerque Association of Realtor's (a.k.a. GAAR) Monthly Market Report, Albuquerque single family home sales lead the way in December with 435 sales closed. This was a slight increase from the year before, which was 421 sales closed. The majority of the homes sold were priced for less than $250,000,for single family homes, and less than $120,000 for attached properties.
So what does all of this mean? It is still a great time to purchase a new home, as interest rates remain low and there's plenty of inventory to choose from. As of the December 2014 GAAR report, there are over 3,800 homes on the market right now. With great inventory and financing options, the market is strong for buyers of both single family and attached properties.
Some programs for first-time home buyers even offer down payment assistance. To be specific, a first time home buyer is someone who has not owned a home for 3 or more years. MFA (a.k.a. the New Mexico Mortgage Finance Authority) has several programs available for low to moderate income individuals and families that offer low interest rates and some assistance with down payments and closing costs. Another MFA program is targeted to assist people who work in specific fields. If you are a teacher, sworn fire fighter, sworn law enforcement officer, healthcare worker, or a member of the armed forces, you may have access to the HERO program.
One of the largest investments you will make in your lifetime will be to purchase a home. A great resource to start with when you are ready to take that step, is to find a great lender and a great Realtor to guide you through the process. If you are interested in buying a home, we would love to offer our assistance and answer any and all of your questions. To find out more about buying a home, you may speak with an experienced agent at Land of Enchantment, Inc and set up an appointment to discuss all of your options. During your first visit we sit down and get to know you, which enables us to then determine your wants and needs. Buying a home is a process, but with the right people in your corner, it can be an exiting and memorable experience.
Be well,
Catherine Martin-McKenzie
Land of Enchantment, Inc.
505-821-0807
So what does all of this mean? It is still a great time to purchase a new home, as interest rates remain low and there's plenty of inventory to choose from. As of the December 2014 GAAR report, there are over 3,800 homes on the market right now. With great inventory and financing options, the market is strong for buyers of both single family and attached properties.
Some programs for first-time home buyers even offer down payment assistance. To be specific, a first time home buyer is someone who has not owned a home for 3 or more years. MFA (a.k.a. the New Mexico Mortgage Finance Authority) has several programs available for low to moderate income individuals and families that offer low interest rates and some assistance with down payments and closing costs. Another MFA program is targeted to assist people who work in specific fields. If you are a teacher, sworn fire fighter, sworn law enforcement officer, healthcare worker, or a member of the armed forces, you may have access to the HERO program.
One of the largest investments you will make in your lifetime will be to purchase a home. A great resource to start with when you are ready to take that step, is to find a great lender and a great Realtor to guide you through the process. If you are interested in buying a home, we would love to offer our assistance and answer any and all of your questions. To find out more about buying a home, you may speak with an experienced agent at Land of Enchantment, Inc and set up an appointment to discuss all of your options. During your first visit we sit down and get to know you, which enables us to then determine your wants and needs. Buying a home is a process, but with the right people in your corner, it can be an exiting and memorable experience.
Be well,
Catherine Martin-McKenzie
Land of Enchantment, Inc.
505-821-0807
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