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Homes For Sale In Albuquerque

Congratulations, you have found the best website for searching  property for sale in Albuquerque , Rio Rancho, Corrales, Placitas, Tijeras, Bosque Farms, Los Lunas and the surrounding areas.  Our site is absolutely free and contains every available property in the local MLS including single family homes, multi family homes (duplexes, triplexes, etc), condos, townhomes, and land.  To do a more detailed search including a map search please try the Advanced Search option.  See what other people are saying about the Homes For Sale In ABQ.com Team on our Testimonials page.  If you are unable to find what you are looking for or would prefer we do a detailed search for you and email you the results please just let us know and we would be happy to do so! 

Some Features of the site:

• See every picture available for the property.

• Organize your favorite properties and be able to refer back to them quickly and all in one place.

• Setup searches based on your own criteria and be notified immediately when a new property comes on the market that fits that criteria.

• Request a showing when you find a property you would like to see.

• Have professional representation when you are ready to buy from a top agent that is an expert in the local market and it's absolutely FREE to you!

• Find distressed properties for sale including foreclosures and short sales.

• If you need to sell a property before you buy you can request a free market analysis of your property with a top local agent.  We will show you how we leverage technology to get your house SOLD!

• Get information on different communities around the metro area and see homes for sale right now in those areas.  Try clicking an area name on the right side of the page!

• Get prequalified with a local mortgage lender so that you know exactly what you can afford when looking for a new home.

 What's Going on in the Local Real Estate Market?

The Homes For Sale In ABQ Team strives to keep you up to date on the current real estate market so that you can be the best informed buyer around.  We believe that this will help you make the best decisions when buying or selling a home in the Albuquerque and surrounding areas and will give you a leg up your competition.  Here is the most recent news of what is happening with the local Real Estate Market:

May of 2013 has been a busy for the local market.  According to the Greater Albuquerque Association of REALTORS sales of single family detached homes rose 22.52% from May of 2012 and were up 23.87% from the previous month.  To put that in perspective, we had 903 closed sales in May alone!  The local real estate market is certainly active and a major driving force is the rise in interest rates.  The rise in rates has caused buyers to enter the market now while rates are still at historically very low levels.  We are seeing many properties with multiple offers and many homes selling at or above the list price, especially homes priced under $200,000.  If you are in the market for a home in the $200,000 or below range you need to know that there is a lot of competition for homes fitting that criteria and you need to be prepared to move quickly when you find a home you are interested in.  The HomesForSaleInABQ.com website is the perfect tool to keep you ahead of other buyers looking for the same types of homes.  By saving searches you will be notified as soon as a new home is listed that fits that criteria.  In addition we suggest that you prequalify with a Mortgage Lender so that you are comfortable with what your monthly payment will be and know exactly what price of home you should be looking for to have a payment you are comfortable with.  If you need a recommendation on a quality Mortgage Lender we would be happy to recommend a lender we work with all the time and know will treat you right.  Interest rates will not remain this low forever and it is a great time to buy a new home.  Please let us know how we can help you best to accomplish your goals.

A Special Note on Short Sales

There is a lot of confusion about short sales for most people nowadays.  What is a short sale?  Is it good to buy a short sale or should I avoid them altogether?  Short sales occur when an owner finds themselves in a distressed situation and unable to afford the mortgage on their house.  In addition the owner owes more for the house than they can sell the property for in the current market.  The sellers then attempt to sell the house for less than is owed on the mortgage.  The bank then has to approve the sale since they will be taking a "short" payoff on what they are owed.  Due to the complexity of these transactions and the numerous parties needed for approval, short sales can be difficult.  With the right property and professionals involved to facilitate the deal short sales can be a great option and can potentially be a very good deal for a buyer.  On the other hand, if the people involved are not experienced in short sales and dealing with banks, short sales can be time consuming, frustrating, and many times are not able to close at all.  This is where much of the bad sentiment comes from regarding short sales since people get frustrated with the process and the lack of results.  The local MLS does not display to  consumers whether a property is a short sale or not so it is difficult to know what situation you are dealing with when looking through homes on the internet.  If you are considering purchasing a short sale, have questions about short sales or the process, or want to know whether a particular home is a short sale or not please feel free to contact us anytime and we would be glad to help.  We hold the national certifications of Certified Distressed Property Expert (CDPE) and Short Sale Foreclosure Resource (SFR) and have a proven history of sucessfully representing Buyers purchasing short sales and assisting Sellers with successfully completing short sales. We can do detailed searches for you either including or excluding short sales based on your preference.  If you are a Seller that would like to see if you qualify for a short sale please contact us for a confidential consultation.

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