Yes and No. Yes, it is a good time to sell your home in Albuquerque because interest rates are at an all time low and there are many people looking to buy homes right now. In other words it is a "Buyer's Market". Also, if you are looking to sell your home and buy another home then you would also want to take advantage of the low interest rates and low home prices. No, it may not be a good time to sell your Albuquerque home because home prices have dropped substantially and it may be difficult for a seller to get TOP DOLLAR for their home when they are competing with Foreclosures being short-sold or sold by the banks under market value.
Anytime you make an investment there is a chance you could lose money. Since the Albuquerque real estate market has become saturated with foreclosures that are either being short-sold, auctioned at discount prices or sold by the banks under current market value it has impacted most home owners in a negative way causing the value of their home to go down leaving them with little to no equity.
Our team of experienced agents are here to help you buy or sell your home quickly and smoothly. Buying or selling in today's market can be difficult due to constant market fluctuations and trends, so make sure you work with an agent who has the experience to make your next transaction a smooth one.
For assistance in selling your home in Albuquerque Contact Joseph Garcia of Primetime Realty Inc. Professional and experienced, Joseph helps sellers and buyers through the entire real estate process.