Homes for Rent Albuquerque NM

1. Homes for Rent Albuquerque NM

2. About Us It is my goal as your full service real estate company specializing in the Albuquerque, Rio Rancho, and New Mexico areas, to provide you with superior service at all times. My local expertise and extensive real estate experience will benefit you whether you are serious about buying or selling a home at this time, or are a returning client checking out the many homeowner resources I offer. Buying a home? I look forward to helping you select the home of your dreams by taking time to listen to your needs and desires. Selling a home? My real estate expertise and many effective marketing programs will give you the exposure and edge you need to sell your home quickly for top dollar. Returning Client? I appreciate the opportunity to continue to serve you and hope you take advantage of the valuable resources I provide. Come back to visit often! I consider this community an excellent place to reside and would love to share with you my enthusiasm for the many neighborhoods that encompass it. I pride myself on providing unparalleled service and look forward to developing a long-term relationship with you. Please feel free to contact me if you would like to discuss how I can best assist you with your real estate needs.

3. Albuquerque Real Estate News To find homes for sale in Albuquerque NM use the New Mexico MLS search; it is easy and absolutely FREE! Find your Albuquerque dream home, foreclosure and short sale homes in Albuquerque. Get the newest real estate listings for Albuquerque NM, Rio Rancho, Corrales, Los Ranchos De Albuquerque, Placitas, Los Lunas, Belen and the East Mountains including Cedar Crest, Tijeras and Sandia Park right here! We can find any homes for sale in Albuquerque NM. We have luxury homes as well as vacant land, Albuquerque investment properties and multifamily rentals. We have access to all available properties listed in the Albuquerque Real Estate

4. Albuquerque Home Sales Albuquerque Home Sales continue to break records Albuquerque Home Sales in July finished the month with 1,013 detached sales, a 23.1% jump from July 2014 and an increase of 3.0% from last month. The number of pending sales for the month also rose 17.3% compared to the same month last year. The Greater Albuquerque market added 1,618 detached homes for sale in the month of July. This is down slightly from last month’s addition of 1,629 new home listings. At 4,067 units for sale, the inventory level is still 18.12% lower when compared to July last year. Due to a spike in the number of detached homes sold in the middle price ranges of $120,000 to $249,000, there was an overall drop in the median and average sales price for the month of July. The median sale price of detached homes was $185,000, a 2.6% decrease from July 2014. The average sales price for July was $212,345. Albuquerque Bank Foreclosures RealtyTrac®, the nation’s leading source for comprehensive housing data, today released its May 2015 U.S. Foreclosure Market Report™, which shows foreclosure filings — default notices, scheduled auctions and bank repossessions — were reported on 126,868 U.S. properties in May 2015, up 1 percent from the previous month and up 16 percent from a year ago to a 19-month high.

5. Multifamily Properties for Sale in Albuquerque, NM The current inventory of Multifamily Properties for Sale in Albuquerque, NM is below 200. Some investors believe that Multifamily and Apartment buildings are the best investment because they are easy to find, easy to analyze, everyone needs a place to live, banks love to lend on them, and they’re great cash flow generators – especially now that prices and interest rates are down! Multifamily Properties for Sale in Albuquerque, NM up to a total of 4 Units/Apartments can be financed through a Residential Loan, basically just like you are buying a Single Family Residence! For a new investor they are easy to analyze and manage. I do recommend having a good Property Management Company like LOE Property Management in place to make your life a lot easier and still have the benefits of positive cash flow. For an experienced investor Multifamily and Apartment buildings are straightforward to manage and you can set up business systems to automate and delegate the mundane day-to-day tasks of owning apartment buildings or hire a Property Management Company. Once one is started it is relatively simple to buy more and more apartment units and build up a nice, cash flowing portfolio. The value of an apartment building is driven by its net operating income (NOI), the amount of income left after all expenses are paid. The more money the building spits out after all expenses, the more it’s worth.

6. Condos and Townhouses for Sale in Albuquerque NM There is a sizable Inventory of almost 400 Condos and Townhouses for Sale in Albuquerque NM. If you are looking for something reasonable, you can find Condos starting at below $40,000.00. The more luxurious homes of up to just below 1/2 Million you can find the Albuquerque Nob Hill and Downtown areas. One thing to consider when purchasing a Condo is the Home Owner Association (HOA) and the related fees. Please make sure to always ask about the amount of monthly HOA fees since those have to be added to your mortgage payment. Also, research what services or amenities are included in the HOA fees. Some can also include the cost of certain utilities like water and sewer. Homes with Pools for Sale in Albuquerque, NM Homes with Pools for Sale in Albuquerque, NM are surprisingly scarce. Currently there are less than 300 Homes with Pools for Sale in Albuquerque which include properties with Community Pools. For Buyers Buying Albuquerque and Rio Rancho NM Real Estate is an exciting time in one’s life. Making the smart move of choosing a REALTOR® is your first step to ensuring that your new home and community meets your needs.

7. For more information please visit http://www.realestatebyfranz.com