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 ...

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 ...

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 ...

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 ...

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 ...

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 ...

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 ...

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 ...

Interest Rates are Back into the 6's

As of July 14, 2023,  Bond prices rocketed higher this week in reaction to the lower inflation (CPI & PPI) numbers. This allowed average 30-yr mortgage rates (no points purchased) to move below 7% for the first time since mid-June. Make ...