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Check Out Our Latest HOT Albuquerque Homes for Sale!

by Sandi Pressley

Are you looking for an ideal home in Albuquerque to upgrade your lifestyle? These latest HOT Albuquerque properties are the perfect choice. Both homes offer excepetional features and outstanding locations.

Contact the Sandi Pressley Team today for your exclusive showing. You can also check out all of our listings on our Featured Listings page.

4005 N Pole Loop NE, Rio Rancho, NM 87144

Welcome to this exceptional 3-bedroom, 3-bathroom Lomas Encantadas residence, featuring cathedral ceilings, downstairs laundry, inviting breakfast nook, expansive primary bedroom and over-sized loft. NEW laminate flooring in the front living room (10/2024). The open kitchen showcases stainless steel appliances, 4-burner gas stove, and kitchen island. Two spacious living areas accentuate the lofty ceilings. New retail and entertainment options, including Sprouts and The Block, are less than 2 miles away! Schedule your private showing today!
Welcome to this wonderful home in the Sundoro South community. Big open floor plan, vaulted ceilings, three way fireplace. Kitchen offers stainless appliances, eat in bar, ample cabinets and countertops for food prep. Kitchen flows nicely into the dining room and great room. Through the sliding doors, find yourself in the best backyard party ever! Covered patio, plus the built-in BBQ grill, two smokers and a disc cooker. Great place to enjoy our NM weather. Back inside, Split primary suite, separate shower, garden tub, dual vanities and walk in closet. 2 more good sized bedrooms that share a bathroom. There is an additional flex space that could be used as an office, hobby room or home school. Beautiful Park just down the street, easy access to I-40.

LEARN MORE!


7021 CLEARY Loop NE, Rio Rancho, NM 87144

Welcome to this home, built in 2020 by Abrazo homes within Lomas Encantadas. This open floor plan concept of living, dining & kitchen offers ideal space for entertaining. Oversized island in the kitchen, add stools for additional seating. Stainless appliances and pantry. Quartz countertops and ample cabinets. Split floorplan, with Primary bedroom and secondary bedrooms separated. 3 car garage! Backyard is an open canvas for your gardens. Neighborhood offers multiple parks/recreation areas, nature trails, and a dog park, with close proximity to 528 & I-25. restaurants, shopping and Breweries. Move in ready means you can transition with ease and enjoy the start of Fall and the Holidays.

LEARN MORE!

Contact us today to help you buy or sell your next home in Albuquerque. Looking for the perfect home for sale in Albuquerque? Our easy-to-use home search tool can help you start the process. Join us twice a week on our blog for more real estate advice and great reasons to buy a home in Albuquerque and the surrounding area. Follow us on Facebook for the latest Albuquerque real estate updates.

Get your Morning Inspiration with the Sandi Pressley Team

Welcome to this wonderful home in the Sundoro South community. Big open floor plan, vaulted ceilings, three way fireplace. Kitchen offers stainless appliances, eat in bar, ample cabinets and countertops for food prep. Kitchen flows nicely into the dining room and great room. Through the sliding doors, find yourself in the best backyard party ever! Covered patio, plus the built-in BBQ grill, two smokers and a disc cooker. Great place to enjoy our NM weather. Back inside, Split primary suite, separate shower, garden tub, dual vanities and walk in closet. 2 more good sized bedrooms that share a bathroom. There is an additional flex space that could be used as an office, hobby room or home school. Beautiful Park just down the street, easy access to I-40.

The Improved Albuquerque Market

by Sandi Pressley

Good Monday Morning!

Yes, the Real Estate market has improved in the Albuquerque and Rio Rancho areas. Statistics indicate that the value of homes has not changed much at this time as a result of the improved market. This means that even though there are more buyers out looking and there are fewer homes to choose from, the price that you can expect to obtain from a sale has not yet changed. If you have a home on the market or if you are considering the sale of your home, you still must be realistic about pricing your home. Well priced homes sell quickly right now, but the over priced homes still just sit. Sellers who price high to test the waters just might miss this market and the chance to sell. There is a great deal of opportunity right now if you are thinking about selling to purchase another home. To take advantage of this market and the low mortgage interest rates it is important to be realistic with pricing your home.

Have An Awesome Week!

SANDI'S LATEST HOT HOME LISTING!

Property Image
12064 Irish Mist Rd NE
Price: $825,000 Beds: 4 Baths: 1 Full, 3 Partial Sq Ft: 4,510
Spectacular custom home on .27 acre view lot in prestigious Primrose Pointe. From the grand entry w/dramatic staircase to the delightful kitchen w/granite countertops, Wolf appliances & subzero refrigerator, to the parklike grounds w/amazing mountain views, hot tub & sparkling pool w/automatic cleaning system, quality & luxury abound. Enjoy the city lights from the balcony of the large master suite w/his/her closets & jet tub. The oversized library could be used as office/study or media room.



AND HERE'S YOUR MONDAY MORNING COFFEE!!

Sincerely,
Sandi

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Spring Market Updates

by Sandi Pressley

Good Monday Morning!

It appears that spring is close to being here. The first sign of spring is the longer days and flowers beginning to bloom. It's a wonderful time to live in the Albuquerque area.

Mortgage interest rates have remained almost unchanged over the past month until late last week when we saw rates take another dip. It just can't get much better than this for financing a home. If you consider that home prices are much lower than they were at the peak of the market and then consider the low cost of financing, there just may never be a better time to buy a home. This also means that it is a great time to sell your home and purchase another home whether it might be a larger home or a smaller home. The largest challenge facing home buyers right now is that the inventory of homes for sale is low. It might be slightly tougher to find the perfect home to purchase, but we are managing to find great purchase opportunities right now for the home buyers we are working with.

If you are thinking about purchasing your first home, moving up to a larger home or downsizing, the best way to start the process is to set a time to meet with us. We can determine your needs and then look at the best course of action for you. Once you know the process and the numbers your decision becomes much easier. I strongly advise anyone who is thinking about buying or selling a home right now to start the process with this easy analysis.

Have An Awesome Week!

SANDI'S LATEST HOT HOME LISTING!

Property Image
214 Manzano St NE B
Price: $155,000 Beds: 2 Baths: 1.5 Sq Ft: 1189
Light & bright townhome attached to only one other unit on fully landscaped lot in UNM area! Great floorplan w/spacious greatroom open to the kitchen & family dining area, two good-sized bedrooms & two bathrooms. Convenient kitchen w/pantry & sunny breakfast bar. Large master suite w/huge walkin shower. EZ to maintain, private back yard w/artificial grass. Great curb appeal! Washer, dryer & refrigerator convey! Great rental property or owner occupied! Rented through August 2013.



AND HERE'S YOUR MONDAY MORNING COFFEE!!

Sincerely,
Sandi

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Albuquerque Real Estate is Looking Up

by Sandi Pressley

Good Monday Morning!

Almost no new apartments have been built since 2008. The single family building permits in 2010 were 1,440 for the Albuquerque Metro Area. They dropped to 1,192 in 2011. In 2012, we saw the first increase over the prior year since 2006! We went from 1,192 to 1,428, a significant year-over-year increase but still more than 1,000 under the “breakeven” number. To put that into perspective, more than 6,600 building permits were pulled in both 2005 and 2006! The increasing number of permits last year is an extremely good sign for two reasons. The increase indicates returning consumer confidence and demand in the market place. Second, because building houses creates jobs!

To recap, I now really do believe the bottom is behind us. Here is why:

  1. The inventory of resale homes is the lowest it has been in 6 years.
  2. We have 18 straight months of year-over-year increases in the amount of homes being put under contract. In other words, a consistent increase in demand.
  3. There have been 4 years of very low building permits, which are finally increasing.
  4. 2012 would be twelve years since the last bottom in the prior cycle, mirroring the 12-year cyclical history of the Albuquerque market.

Anecdotally, we are seeing multiple offers for the first time in many years. This is the actual ground level indicator of the shift in balance from over supply to balance.

Let me close with this thought. In both of the last recoveries, the post 1988 and post 2000 bottoms, the highest rate of appreciation was 5 years from the bottom. If we mark 2012 as the first positive year, our highest rate of annual appreciation in this cycle could be just 4 short years away from now. Do not expect gigantic annual appreciation in the next two to three years, but if we mirror either of the last two recoveries, we should see a 2 to 3% annual increase, which could, in the next 4 years, reach a one-year increase of 9%.

Combine that timing with interest rates below 4%, and I think if a homebuyer were ever to consider buying - the timing is perfect. For the sellers who have waited through the recession, the light is at the end of the tunnel!

Have An Awesome Week!

SANDI'S LATEST HOT HOME LISTING!

Property Image
9909 Buckeye St. NW 87114
Price: $480,000 Beds: 5 Baths: 3 Sq Ft: 3817
Phenomenal custom dream home by Char Construction w/courtyd entry, refrigerated air & amenities galore! Versatile floorplan w/2 master suites, one on main level. Large living room w/soaring ceilings, entertainment center & kiva style gaslog fireplace opens to the family dining room. Delightful kitchen w/gorgeous cabinets, island w/sink, JennAir appliances & granite countertops. All bedrooms are well sized. Two decks offer exceptional mountain/city views. Xeriscaped w/covered & open patios.



AND HERE'S YOUR MONDAY MORNING COFFEE!!

Sincerely,
Sandi

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Photo of The Sandi Pressley Team Real Estate
The Sandi Pressley Team
Coldwell Banker Legacy
10400 Academy Rd. NE Suite 100
Albuquerque NM 87111
505-980-2999
505-263-2173 / 505 293-3700
Fax: 505-212-0729

Quick links to this site are also SandiSells.net or SandiSellsHomes.com