Albuquerque Real Estate Talk Venturi Realty Group

Albuquerque Real Estate Talk: Episode 491 - Appraisals, Affordability, and Market Trends
In this episode of Albuquerque Real Estate Talk, Tego and Tracy Venturi discuss various aspects of the real estate market in Albuquerque as the summer of 2024 begins. Topics include the home appraisal process, issues arising with low appraisals, and the implications for buyers and sellers. They delve into newly released data on home affordability by the National Association of Home Builders, highlighting how Albuquerque compares to other U.S. cities. Cross-market demand is analyzed, showing where people looking at Albuquerque are currently based and where Albuquerque residents are looking to move. Additionally, the episode features the home of the week—an impressive multi-generational property in Corrales, NM. Current market trends are discussed, including a notable rise in price reductions. The show wraps up with insights into specific features that affect home values and provides useful tips for both buyers and sellers.
00:00 Welcome to Albuquerque Real Estate Talk00:24 Diving Into the Home Appraisal Process15:21 Exploring Home Affordability and Market Trends18:55 Cross Market Demand Insights21:46 Analyzing Current Real Estate Data Points28:26 Wrapping Up with Weekend Wishes

Welcome to Albuquerque Real Estate Talk, Episode 490! Join Tego and Tracy Venturi as they discuss the latest trends in the Albuquerque real estate market for mid-May 2024. This episode covers reasons to consider new construction homes, affordability comparisons with other markets, and a segment on misleading headlines that catch your eye. They also offer insights into the changing landscape of realtor commissions and preview several exciting properties currently on the market. Tune in for valuable tips and data-driven insights to help navigate the current real estate market. Venturi Realty Group - Real Broker LLC (505) 448-8888 info@welcomehomeabq.com https://welcomehomeabq.com #RealEstate #NewMexicoRealEstate #AlbuquerqueRealEstate #RealEstate #VenturiRealtyGroup #Albuquerquehomes

Welcome to Albuquerque Real Estate Talk episode 489 on May 11, 2024. In this episode, Tego and Tracy Venturi delve into various key topics in the real estate market. They discuss the optimal timing for selling homes, revealing insights on the best months, such as June, July, and August, for securing higher prices. Additionally, they shed light on the Zillow Showcase Listing Plus program, highlighting its premium marketing features and increased exposure to potential buyers. The discussion also touches on the current landscape of home equity and net worth for homeowners, providing valuable information for property owners. Moving on, Tego and Tracy explore the dynamic nature of mortgage rates, presenting contrasting viewpoints from housing economists and homeowners on the future trajectory of rates. They emphasize the importance of considering personal circumstances when deciding on real estate transactions, irrespective of market fluctuations. The duo then delves into the process of home inspections, outlining the significance of comprehensive inspections and the various types of tests that can be conducted to ensure a property's condition. The conversation extends to environmental tests, structural inspections, and other essential evaluations that homebuyers and sellers should be aware of. Through engaging anecdotes and informative insights, Tego and Tracy guide listeners through the intricacies of the real estate market, offering valuable advice and expertise. To stay updated on the latest trends and insights in the Albuquerque real estate scene, tune in to the Albuquerque Real Estate Talk podcast by the Venturi Realty Group, available on YouTube and other platforms. Reach out to the team at 505 448 8888 for personalized real estate services and expert guidance. Happy Mother's Day and have a great weekend!

Episode 488 of 'Albuquerque Real Estate Talk' delves into the latest housing market data for the Albuquerque area for April, covering topics like housing affordability and the economic impact of short-term rentals in New Mexico. The hosts discuss the number of homes sold, price appreciation, and the increase in homes on the market, alongside interest rate pressures potentially affecting buyer affordability. Additionally, they touch on the surge in demand for service providers like photographers and home inspectors due to the influx of homes on the market. The episode also highlights the economic contributions of short-term rentals, disputing the notion that corporate investors significantly impact housing availability. It showcases local home listings, including a short-term rental opportunity near Old Town and a property on Pawnee Trail, emphasizing a variety of open houses ranging in price. Lastly, it mentions an investment opportunity in Tierras with acreage for potential buyers.
00:00 Welcome and Overview of Today's Topics00:41 April Housing Market Update for Albuquerque01:42 Surge in Home Listings and Impact of Interest Rates02:36 Service Providers' Busy Schedules Indicate Market Activity06:22 Exploring the Central New Mexico Parade of Homes07:07 Highlighting Affordable Homes and Local Builders12:44 The Economic Impact of Short-Term Rentals in New Mexico17:45 Investment Opportunities and Open Houses This Weekend20:39 Debunking Myths: Investor-Owned Properties in Albuquerque26:31 Featured Property Listings and Closing Remarks

Join Tego and Tracy Venturi as they delve into the vibrant world of Albuquerque real estate in episode 487 of Albuquerque Real Estate Talk. This episode unpacks the intricacies of incorporating real estate into your investment portfolio, exploring options like 401ks and IRAs. Dive into the pressing question: why aren't renters buying homes? Witness Tracy tackle this query head-on, shedding light on current market dynamics and the psychological barriers potential buyers face. The duo also navigates through the maze of making strong offers in a competitive market, especially in a seller's dominated landscape.
Tego and Tracy don't stop there; they provide a thorough breakdown of Zillow's role in the real estate valuation process, demystifying the data behind home appreciation rates and confronting the skepticism surrounding these figures. They also touch upon the Albuquerque Metro area's housing data, offering insights into the complex blend of single-family homes, rental units, and the pivotal role of demographics in understanding market trends.
From discussing the challenges of home affordability to debating the merits of new construction versus older homes, Tego and Tracy cover a vast range of topics pertinent to buyers, sellers, and the merely curious. They even peek into the upcoming Parade of Homes event, highlighting its significance in the local market.
Whether you're a seasoned investor, a first-time homebuyer, or somewhere in between, Albuquerque Real Estate Talk episode 487 with Tego and Tracy Venturi is packed with valuable advice, insightful analyses, and engaging discussions that will leave you better informed about the nuances of today's real estate market.

In this informative episode of Albuquerque Real Estate Talk, hosts Tego and Tracy Venturi dive deep into the latest trends and forecasts within the local real estate market. From dissecting the impact of interest rates on home buying to exploring new construction opportunities and the economic influences of real estate, this episode covers crucial updates and analyses for both buyers and sellers. Featuring insights into buyer and seller desires, local market statistics, and the broader economic implications of housing in Albuquerque, listeners are given a comprehensive look at the current state of real estate as of late April 2024.