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Why winter and fall are good times to list

Monday, December 21, 2015
by Sandi Pressley

Springtime is the most common time sellers decide to put their homes on the market. Many assume spring and summer are the best sales seasons. Unfortunately, this is a common misconception and often, sellers miss out on valuable listing time because of it. Typically, you'll see more homes listed for sale during spring and summer. The amazing weather we have here in Albuquerque also makes this a great time to list. However, don't rule out the fall and winter months just yet! Here are some points to consider about listing during fall and winter:

  • There is less competition during these months as most sellers prefer to list in spring and summer
  • Less families are on vacation during fall and winter
  • Buyers looking during these times might be more serious about purchasing since this is considered the off season

If you're considering listing your home, don't wait for spring. Contact The Sandi Pressley Team today for a no-obligation market analysis. Our listing specialist can help you decide if this is the right time to list your home.

Have An Awesome Week!

Sandi's Hot Home Listing

9312 Nationwide St. NW, Albuquerque

Price: $210,000 Beds: 4 Baths: 2+ Square Feet: 2,270

Beautiful 4 Bedroom/2.5 Baths w/open and functional floor plan*Home features comfortable great room with cozy fireplace, arched accents, lovely wood laminate flooring thru out the lower level. Sunny spacious kitchen overlooks the family dining area & showcases plenty of counter & cabinet space

View This Listing

AND HERE'S YOUR MONDAY MORNING COFFEE!!

 

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6 Great Reasons to Buy NOW!

Monday, May 18, 2015
by Sandi Pressley

This may be the best time to purchase a home.  There are many reasons but below we’ll highlight the top 6.  If you’re considering a purchase, here are a few great reasons to make that move now!

Reason No. 1 to buy now: Rates are low
"Low mortgage rates continue to keep ownership less expensive than renting," said Investopedia. "Even a small change in interest rates has a significant effect on what you'll pay each month and over the life of a 30-year mortgage.
Take a $172,000 30-year mortgage, for example ($172,000 is 80% of the median sales price for existing homes of $215,000 after a 20% down payment). With an interest rate of 4%, you would pay $821.15 each month. At an interest rate of 5%, the monthly payment would be $923.33, and at 6%, the payment rises to $1031.23."

Reason No. 2: Renters Feeling the Squeeze
A recent article from the National Association of Realtors explains that renters are “feeling the squeeze” as rental costs increase nationwide at a pace greater than income increases.

Reason No. 3: It’s Easier to Qualify
When the real estate market hit its recent low around 2006, lending institutions increased their lending standards, making it harder to qualify for a loan.  During this time, lending standards were raised and only prime applicants could get a decent loan.  Today, those standards have loosened slightly, making it easier to find loans and get qualified.  New FHA minimums include a 620 credit score and 3.5% down payment.   

Reason No. 4: PMI Costs Less
When a buyer puts a down payment of less than 20%, there is often an additional monthly fee called PMI or Private Mortgage Insurance.  Early this year the Feds lowered those fees on FHA loans which can add up to over $900 a year in savings.  

Reason No. 5: It’s Still a Good Investment
Perhaps even a great investment.  Experts say that affordability is still at an all-time high, making home ownership a great option for those investment dollars.  As an asset, homeownership stands up, especially when buyers make smart decisions. 

"The largest measurable financial benefit to homeownership is price appreciation," said Investopedia. "Price appreciation helps build home equity, which is the difference between the market price of the house and the remaining mortgage payments."

Reason No. 6: Pride of Ownership
Pride of ownership is a real thing!   Having the freedom to make it your own, painting walls, upgrading kitchen items and not having to worry about higher rent payments coming with your next lease term, make owning your own home a great idea.  Add that to watching your equity grow and the tax benefits of homeownership and this is a no-brainer!

Have An Awesome Week!

Sandi's Hot Home Listing

2700 Vista Grande Dr. NW 114, Albuquerque

Price: $595,000   Beds: 3   Baths: 2.5  Square Feet: 3,970

INCREDIBLE & RARE BLUFF LOT RESIDING ALONG THE RIVER W/Unobstructed views of the City,Bosque,Rio Grande & Mountains. This bluff lot offers unsurpassed sensational views-will not find more breathtaking views anywhere ceiling to floor windows from living, dining, kitchen & Master-Suite showcases phenomenal Views! View This Listing

 

Here's Your Morning Coffee

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Sandi Pressley on the “Rock of Talk”

Tuesday, August 27, 2013
by Sandi Pressley

ANNOUNCING!!

The Rock ‘n Roll of Real Estate Sandi “Pressley” was on the “Rock of Talk” Radio in Albuquerque (FM 95.9 FM, 1600 AM) Saturday August 24th.

She was also joined by Jack Thompson the CEO of Legacy Mortgage Talking about today’s real estate market!

If you missed the Show just click the link below (Sandi Says) to hear what “Sandi Pressley” the top producing Real Estate Broker in New Mexico has to say about our current market!!

Have An Awesome Week!

Sandi Says (Radio Interview)

SANDI'S LATEST HOT HOME LISTING!

Property Image
10415 Cantacielo Dr NW
Price: $240,000 Beds: 3 Baths: 2.5 Sq Ft: 2,817
Walk thru the dramatic entry into a wide open, sunny floorplan featuring soaring ceilings, updates & space. Chef's kitchen w/lovely cabinetry, granite counters, island & stainless appl. opens to huge, light & bright great room w/cozy FP. Huge master suite w/FP, luxurious garden tub, separate shower & tons of closet space. All kept comfy w/2 new central heat & refrigerated air dual units w/new temperature controllers you can set w/your iphone. Enjoy newly landscaped BY, covered patio & views!



AND HERE'S YOUR MONDAY MORNING COFFEE!!

Sincerely,
Sandi

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It is a Fact

Monday, January 28, 2013
by Sandi Pressley

Good Monday Morning!

It is a fact! Over 90% of all home searches conducted nationally begin online. Searching for homes online is by far the easiest and most efficient way to look for homes. Long gone are the days where interested home buyers ride around town with their Realtor viewing home after home while thumbing through the pages of an MLS book. Online home shopping is convenient and it allows the prospective home buyer the ability to keep up with current listings and prices.

There are many resources that will allow you to search for homes online and some are much easier to navigate and have more options than others. We have found that here in the Albuquerque, Rio Rancho and Surrounding market areas the best home search site is www.albuquerquehomesolutions.com. This state of the art site will allow you to search properties, on line, based on your search criteria and then save your search so that you are not re-entering it every time you conduct a search. This site also offers you the ability to set up a property alert, which will automatically e-mail you information on new properties meeting your search criteria as they hit the market.

Now is an excellent time to be shopping for a home. With home prices remaining low and mortgage interest rates at historic low levels, there is great opportunity and www.albuquerquehomesolutions.com is a great tool to use during your home search.

Have An Awesome Week!

SANDI'S LATEST HOT HOME LISTING!

Image Unavailable
1020 La Poblana Rd.
Price: $179,000 Beds: 3 Baths: 1 Sq Ft: 1600
Sitting on an almost 1/4 acre lot in the North Valley, this spacious home is a must see for your Buyers! Updated and well maintained, it features a 1 car garage with storage, gleaming hardwood floors, 3 large bedrooms, 1 full bath, huge living room with corner fireplace, spacious kitchen w/sunny breakfast and a formal dining room which could be used as office. Just completed landscaping front/back. Large back yard with covered patio and 15x13 storage/workshop. Room to park RV/travel trailer.



AND HERE'S YOUR MONDAY MORNING COFFEE!!

Sincerely,
Sandi

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Why Did My Home Not Sale?

Monday, January 21, 2013
by Sandi Pressley

Good Monday Morning!

Why did my home fail to sell?  This is a call that I get frequently from homeowners who have had a home on the market and it did not sell. The answer to this question is often not simple, but typically a little bit of investigation will reveal the most likely cause.  Nine times out of ten the problem is that the price was too high.  In this market, if you miss the market with pricing your home is going to just sit and not get offers.  Many times the home owners will see many showings and just no serious interest.  This simply means that would be homebuyers are finding other homes equal to or better than this home at a more attractive price. It can be hard to hit pricing perfectly, but once a home is on the market, if we look at what takes place with showings and interest it will soon tell us the story as to whether we have hit pricing right or not.

The largest mistake home sellers make is to not watch the market and to not drop the price quickly enough needed.  Failure to do this may cost homesellers large amounts of money and the opportuity to sell.

Also, if you are considering putting your home on the market and don't want to join the ranks of the unsold homes be cautious when you interview Real Estate agents.  Be cautious as to not pick your agent based solely on the price they give you for your home.  Many agents will inflate this price to get your business.  Good agents will price your home correclty to start with and then watch the market for any changes and advise you quickly if an adjustment is needed.

The keys to selling a home for top dollar value in any market are to:
  1. Price correctly with the market and adjust quickly if offers don't materialize.
  2. Stage your home.  Get rid of clutter, paint, do yard work, needed repairs and make your home as appealing as possible
  3. Make your home accessible.  If your home is easy to show you will get maximum exposure
  4. Make sure that your agent is getting feedback from showings and sharing this feedback with you.  Listen to the market and adjust accordingly.

Have An Awesome Week!

SANDI'S LATEST HOT HOME LISTING!

Image Unavailable
5919 Mesa Viento Rd.
Price: $300,000 Beds: 5 Baths: 2.5 Sq Ft: 2960
Beautiful, well maintained DR Horton home with lots of nichos and ledges. Light, bright, open & versatile floorplan features formal living room and great room that opens to family dining & kitchen w/sunny breakfast bar/island & huge pantry. The office could be formal dining room. Enormous master suite has 13x11 sitting room w/corner gaslog fireplace, large walkin closet + luxurious bath w/jetted tub. All bedroom are good-sized, one bedroom conveniently located on main level. Great location!



AND HERE'S YOUR MONDAY MORNING COFFEE!!

Sincerely,
Sandi

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Be Thankful Video -Check it out-only 1:32 long!

Wednesday, November 23, 2011
by Sandi Pressley
VideoVideo

 

This is a message of thankfulness to acknowledge how truly grateful I am.  Also to help us all focus on how much we have to be thankful for.  This Thanksgiving we all need to have an "Attitude of Gratitude" and to simply remember to say thank you to others.  May this be a fantastic Thanksgiving for you and your loved ones.

 

 

 

 

 

 http://www.albuquerquehomesolutions.com/video/THANKY-YOU-A-Minute-With-John-Maxwell-Free-Coaching-Video

 

 

 

 

 

 

 

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Displaying blog entries 91-96 of 96

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