Buyer Information

March 28, 2024

Housing Affordability

HOUSING AFFORDABILITY

Housing Affordability has been a topic of discussion for quite some time.  If you have been struggling to purchase a new home with the higher rates and costs, good news is coming.  Homebuilders are working to build more homes that are a bit smaller but much ...

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March 25, 2024

What does the NAR Settlement mean?

Greater Albuquerque Association of Realtors offers this advise in wake of NAR Settlement

Morgan Cannaday, GAAR president and realtor with The Cannaday Team at Ida Kelly Realtors, responds to recent NAR settlement news.

By Meagan Nichols – Editor-in-Chief, Albuquerque Business First

Mar 19, 2024

Last week's National Association of Realtors settlement ...

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Sept. 16, 2023

Affordable Housing

Affordable Housing

What are the solutions to create more affordable housing?  Interest rates are high... inventory is low...what is a buyer to do?

To combat the increased building costs, the home builders are planning to build more smaller homes.  These will be priced lower making it easier ...

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Sept. 9, 2023

Vampires of Electricity

Did you know that you have a Vampire in your Home?

With Electricity Rates at extremely high levels during these hot summer months, you need to learn about these Vampires.

An "electricity vampire," also known as a "phantom load" or "energy vampire," refers to an electrical device or appliance that ...

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Sept. 7, 2023

Shop for your Mortgage Rate

Searching for Your Dream Home? Don't Forget to Shop for Your Mortgage Rate! 💰🏡

Hey there, future homeowners! 🏠 Are you ready to embark on the exciting journey of finding your dream home? 🌟 Before you start envisioning cozy nights by the fireplace or hosting epic backyard BBQs, there ...

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Aug. 29, 2023

Budgeting Home Ownership

Budgeting for Home Ownership

We talk frequently about budgeting to purchase a new home - from inspection expenses, closing expenses, down payment, and moving expenses.

But there isn't much talk about After The Closing.  

You are all moved in and boxes are unpacked - and surprise! an expense you hadn ...

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Aug. 23, 2023

Housing Inventory in Rio Rancho, NM

Rio Rancho Housing Inventory
Every second counts in the housing market when there's so much demand for a relatively low supply of homes. DM me to learn more about how getting pre-approved before starting your home search will make you agile enough to snatch up your dream home before ...
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Aug. 15, 2023

Four Ways to Use Your Home Equity

Four Ways to Use Your Home Equity

If you’re a homeowner, odds are your equity has grown significantly over the last few years. Equity builds over time as home values grow and as you pay down your home loan. And, since home prices skyrocketed during the Covid years, you’ve ...

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Aug. 9, 2023

Increased Listings

Increased Listings and Rising Prices Shaped Real Estate Landscape in June 2023

In June 2023, New Mexico home sales increased by 11.04% compared to the previous month. While still 11.59% behind June 2022 sales, the numbers reflect a 8.09% increase in the median sold price year over ...

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July 25, 2023

What is a Mortgage?

What's a Mortgage?

(Nearly 50% of people recently polled didn't know!)

Whatever line of work you’re in, there are probably some fairly common terms you’re used to hearing and saying that an outsider may not know. They may be so basic to you that you can’t even imagine ...

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