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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.

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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.

Has the 2018 Tax Reform Affected the Housing Market?

by Sandi Pressley

During the past few months, many people and new sources were speculating that the 2018 tax reform would adversely affect the real estate market. A number of sources were reporting a potential for double-digit price depreciation because of changes in the tax code. It was even suggested that there would be a significant drop in buyer demand. The dream of owning a home in America was feared to hang in the balance.

Here we are after the first quarter of 2018, and now we can start looking at the numbers and get a feel for the impact of the tax reform on the real estate market. Here are a few important questions we can ask.

1. Has tax reform killed off home buyer demand?

Taking a look at the Showing Time Index which “tracks the average number of buyer showings on active residential properties on a monthly basis” and is a “highly reliable leading indicator of current and future demand trends,” it’s evident that the number of home buyers has actually risen each month over the last three months and is even higher than it was for the same months last year. This shows that buyer demand is going up, not down.

2. Have the tax changes affected America’s belief in real estate as a long-term investment?

A few weeks ago, Gallup released its annual survey that asked Americans which asset they thought was the best long-term investment. This is what the survey showed:

“More Americans name real estate over several other vehicles for growing wealth as the best long-term investment for the fifth year in a row. Just over a third cite real estate for this, while roughly a quarter name stocks or mutual funds.”

It was also shown in this survey that there has been no real change of the percentage of Americans who believe real estate is a good investment in the past year.

3. Has the homeownership rate been negatively impacted by the tax changes?

In her latest “Z Report,” Ivy Zelman helps us to understand that the 2018 tax reform didn’t damage the homeownership rate. In fact it helped it.  She explains it this way:

“We have been of the opinion that homeownership is most highly correlated with income and the net effect of tax reform would be a positive, rather than negative catalyst for the homeownership rate. While still in the early innings of tax changes, this has proven to be the case.”

4. Will the reforms in the tax code cause home prices to tumble over the next twelve months?

According to CoreLogic’s latest Home Price Insights Report, home prices will appreciate in each of the 50 states over the next twelve months. Appreciation is projected to be anywhere from 1.9% to 10.3% with the national average being 4.7%.

As we’ve proceeded through the year, we can see that the dire predictions of the 2018 tax reform have not affected the real estate market adversely. If you’re ready to buy or sell a home in Albuquerque, let us help. You can search for your dream home now using our convenient home search tool. And make sure to follow us on Facebook for the latest real estate updates for Albuquerque and the surrounding areas.

HOT HOME LISTING OF THE WEEK!

3713 Glen Canyon Road NE, Albuquerque, NM  $275,000

4 Bedrooms/ 2 Bathrooms (1 full, 1 partial) / 2020 Square Feet

Well Cared for Holiday Park Home! Desirable Open Concept Floorplan-Great for Entertaining or just hanging out. Open Chef Inspiring Kitchen features a high performance THERMADOR duel fuel, drop in range. Backyard features; NEW patio cover, shady tree & shrubs. 

Contact the Sandi Pressley team for additional details! 

Get your Morning Inspiration with the Sandi Pressley Team

Summer Real Estate Market

by Sandi Pressley

Summer is here in Albuquerque and this time of year always brings more buyer interest in homes. Home buyers who wish to purchase a home now can find it challenging to buy a home in a seller’s market, but having a good buyer’s broker can make a huge difference towards getting the home you want. Make sure you’re careful of bidding wars that can push a home past its actual value; a good agent will be able to help you here as well.

If you’re planning on selling your home this year do it as soon as you possibly can. The likelihood of getting a quick sell at top market value is higher than it has been in some time. There are many buyers looking for a home to buy and your home might be the one they’re looking for. It’s a seller’s market out there and it might not last so make sure you get your home on the market as soon as you can.

If you’re considering selling your home and would like an accurate look at the estimated market value of your home don’t trust sites like Zillow.com. Speak to a broker about your home value as they can give you a more accurate numbers.

If you’re ready to buy or sell a home contact The Sandi Pressley Team today.

 

Have An Awesome Week!

Sandi's Hot Home Listing

2808 Maximillian Road2808 Maximillian Road, Albuquerque

Price: $375,000 Beds: 3 Baths: 2 Square Feet: 2,110

TRANQUIL LIVING! Exceptional Adobe Customized single level home showcases 3 spacious Bdrms+Ofc & 2 remodeled Bathrooms. This property features great room w/ custom bay window & Saltillo tile thru-out.This spacious floorplan delivers dramatic Santa Fe entry w/wood carved custom doorways into each cozy living space. With over 2100 SF, this home offers radiant heat,Kiva FP; exposed wood beams w/ T&G raised ceilings.

 

View This Listing


AND HERE'S YOUR MONDAY MORNING COFFEE!!

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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