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Albuquerque Home Market Defies National Trend  Despite slowing sales in most U.S. markets, Albuquerque along with Indianapolis, and Houston continue to be among the remaining top real estate markets, according to a recent Wall Street Journal article. Florida, which is one of the hardest hit markets, recently reported a decline of 20% for the sales of existing single-family homes when compared to the same month a year ago. California sales dropped 15% in February compared to last year at this time, and Phoenix is down about 25%. The current slowdown reflects three broad trends, according to real estate agents and economists. One of the most important trends is that many speculators have started to sell homes that were purchased as investments. In addition, high prices and rising interest rates have reduced affordability for middle-class families, according to the Wall Street Journal. Like national averages of temperature, what goes on in a local real estate market may be very different from the national average. As a local market, Albuquerque remains strong for both homeowners and investors. Request our Free Albuquerque, Rio Rancho and Los Lunas Relocation Package. It's packed full of useful and important information about the Albuquerque, Rio Rancho and Los Lunas, New Mexico area. Don't move here without it! Remember: we'll send it to you for free and without obligation. Which neighborhoods offer the best values? It's our job to help! Ask us any question, or request our FREE relocation package of information on Albuquerque, Rio Rancho and Los Lunas. There's no obligation, and we promise to respond quickly...
First Time Buyers >Finding A Real Estate Agent
Finding an experienced, reliable real estate agent whom you like and trust is the first step in locating your new home. Here is an approach to finding the right agent.
Call or stop by a real estate office and ask to speak with the manager. Describe the type of home you are looking for. The manager can refer you to an agent who knows that market very well. You might also use weekend "open houses" as opportunities to look for a real estate agent, as well as a new home. It is really a matter of chemistry! If you meet someone who is knowledgeable and with whom you feel comfortable, call that person!
Once you establish a strong working relationship with a real estate agent, your agent can show you a number of homes for sale, even if they are listed with other companies. Often the agent can show you a property as soon as it is placed on the market. Many of the best homes never even make it to the weekend classified section of the newspaper!
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| Q |
What is the largest city square in the world?
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| A |
Located in Beijing, China, Tianamen Square, called the "Gate of Heavenly Peace", covers 98 acres. |
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