Real Estate Information Archive

Blog

Displaying blog entries 41-50 of 72

Today we’ll share important information about how flood plains, water rights, and agricultural zoning impact homeowners. The Rio Grande has been Albuquerque's lifeblood for centuries, carving not just our iconic valley but also shaping our community's history and culture. Living along this historic waterway offers a unique charm that many homebuyers find irresistible: lush greenery, stunning wildlife, and a sense of connection to the natural rhythms that have sustained our region for generations.
At the Sandi Pressley Team, we've guided countless families through the nuances of purchasing riverside property. 
We understand why riverside living is so appealing. However, some crucial considerations differentiate these properties from other Albuquerque real estate. Let's take a neighborly stroll through what you should know about living in the Rio Grande Valley.
If you're considering buying a home here, it's essential to understand how the floodplain may impact you. A long history of seasonal impacts accompanies the Rio Grande's leisurely flow. This is why flood considerations are paramount when purchasing valley property. Most riverside areas in Albuquerque fall within FEMA-designated flood zones, directly impacting insurance requirements and sometimes construction regulations.
We often explain to our clients that flood zone designation doesn't mean your property will flood – instead, it acknowledges historical patterns and potential risks. Properties in these zones typically require flood insurance, which is in addition to standard homeowners' insurance. The Sandi Pressley Team has established long-standing relationships with insurance experts who understand the unique needs of Riverside homeowners and can help secure appropriate coverage at competitive rates.
What's fascinating about the floodplain is how it creates microclimates throughout the valley. The Valley has some of the most fertile ground in New Mexico. Hundreds of years of seasonal river flow have deposited rich, fertile soil throughout the area. This brings us to another important consideration: water rights.
As you probably know, water is a precious resource in New Mexico, so understanding your water rights is important. New Mexico's water law adheres to the principle of "first in time, first in right," establishing a complex water rights system that can significantly impact properties adjacent to rivers. Many valley homes, particularly those with a history of agriculture, come with valuable water rights for irrigation.
When helping clients evaluate riverside properties, we always investigate what water rights are conveyed with the property. These rights can be incredibly valuable – not just for maintaining lush landscaping but potentially as a commodity that adds to your property's long-term value.
The Middle Rio Grande Conservancy District (MRGCD) manages many of these irrigation rights through acequias and ditches dating back to Spanish colonial times. Properties with active MRGCD access often offer seasonal irrigation options that significantly reduce landscaping costs while supporting the growth of beautiful, mature trees and gardens.
We've seen many new residents along the riverside delighted to discover how their property transforms when the irrigation season begins, with minimal effort and expense. It's one of those hidden benefits that make living in a river corridor unique.
Many properties along the Rio Grande corridor are in areas with agricultural zoning or heritage. This zoning helps preserve the valley's cultural and environmental character, but it also creates specific considerations for homeowners.
Agricultural zoning often permits keeping certain animals, growing crops, and maintaining traditional land uses that might not be allowed in typical residential areas. For many of our clients, this represents an opportunity to have horses, grow extensive gardens, or maintain small orchards within city limits—truly the best of urban convenience and rural lifestyle.
However, these zones also come with responsibilities. There may be limitations on development density, requirements for maintaining irrigation access for neighboring properties, and sometimes easements that allow for ditch maintenance.
The Sandi Pressley Team's decades of experience in the Albuquerque market give us specialized insight into these zoning considerations. We help our clients understand not only what is permitted today but also how changing regulations may affect property values and usage rights in the future.
Are you looking for your River Valley home? The Rio Grande corridor offers remarkable diversity in housing options. From historic adobe homes with territorial architecture to modern constructions with energy-efficient designs that maximize river views, there's something for every taste.
We especially love introducing clients to the unique neighborhoods along the valley, each with its own character. The North Valley offers larger lots with established trees and often more agricultural character. The Bosque areas near downtown blend urban convenience with natural beauty. The South Valley communities maintain strong cultural traditions while offering some of the most affordable riverside living options.
The shared connection to the river's ecosystem unites these diverse areas. The cottonwood bosque creates a green ribbon through our city, offering wildlife viewing, recreational opportunities, and spectacular sunset views that make riverside living special.
We see a bright future for Albuquerque's Rio Grande corridor. As conservation efforts continue to enhance the river's ecosystem and thoughtful development respects the area's unique character, property values will follow the positive trends observed throughout Albuquerque's desirable neighborhoods.
If you're ready to explore Albuquerque Real Estate or need advice on the Albuquerque River Corridor communities, our team would love to show you everything the Rio Grande Valley has to offer. Our knowledge of local rules, combined with our experience in the Albuquerque market and trusted contractor relationships, can transform a challenging project into a successful investment in your dreams. Let the Sandi Pressley Team guide you through the process. Please call us directly at (505) 263-2173 or visit our website. 


HOT PROPERTY OF THE WEEK!        
401 Afuste Road NE
Rio Rancho, NM 87124
 

Welcome home to this fantastic single-story home! The chef's kitchen will delight buyers with ample storage space. Granite countertops and a giant island for your food preparation make it a breeze! Open concept for this fantastic family home, featuring a THREE-car garage. One-acre lot with ample space for the next owner's dream outdoor oasis. The front yard is landscaped and low maintenance. Please bring your buyers today as this delightful floor plan will not last long.
Get Your Morning Inspiration with the Sandi Pressley Team!
 

Today we’ll share important information about how flood plains, water rights, and agricultural zoning impact homeowners. The Rio Grande has been Albuquerque's lifeblood for centuries, carving not just our iconic valley but also shaping our community's history and culture. Living along this historic waterway offers a unique charm that many homebuyers find irresistible: lush greenery, stunning wildlife, and a sense of connection to the natural rhythms that have sustained our region for generations.

At the Sandi Pressley Team, we've guided countless families through the nuances of purchasing riverside property. 

We understand why riverside living is so appealing. However, some crucial considerations differentiate these properties from other Albuquerque real estate. Let's take a neighborly stroll through what you should know about living in the Rio Grande Valley.

If you're considering buying a home here, it's essential to understand how the floodplain may impact you. A long history of seasonal impacts accompanies the Rio Grande's leisurely flow. This is why flood considerations are paramount when purchasing valley property. Most riverside areas in Albuquerque fall within FEMA-designated flood zones, directly impacting insurance requirements and sometimes construction regulations.

We often explain to our clients that flood zone designation doesn't mean your property will flood – instead, it acknowledges historical patterns and potential risks. Properties in these zones typically require flood insurance, which is in addition to standard homeowners' insurance. The Sandi Pressley Team has established long-standing relationships with insurance experts who understand the unique needs of Riverside homeowners and can help secure appropriate coverage at competitive rates.

What's fascinating about the floodplain is how it creates microclimates throughout the valley. The Valley has some of the most fertile ground in New Mexico. Hundreds of years of seasonal river flow have deposited rich, fertile soil throughout the area. This brings us to another important consideration: water rights.

As you probably know, water is a precious resource in New Mexico, so understanding your water rights is important. New Mexico's water law adheres to the principle of "first in time, first in right," establishing a complex water rights system that can significantly impact properties adjacent to rivers. Many valley homes, particularly those with a history of agriculture, come with valuable water rights for irrigation.

When helping clients evaluate riverside properties, we always investigate what water rights are conveyed with the property. These rights can be incredibly valuable – not just for maintaining lush landscaping but potentially as a commodity that adds to your property's long-term value.

The Middle Rio Grande Conservancy District (MRGCD) manages many of these irrigation rights through acequias and ditches dating back to Spanish colonial times. Properties with active MRGCD access often offer seasonal irrigation options that significantly reduce landscaping costs while supporting the growth of beautiful, mature trees and gardens.

We've seen many new residents along the riverside delighted to discover how their property transforms when the irrigation season begins, with minimal effort and expense. It's one of those hidden benefits that make living in a river corridor unique.

Many properties along the Rio Grande corridor are in areas with agricultural zoning or heritage. This zoning helps preserve the valley's cultural and environmental character, but it also creates specific considerations for homeowners.

Agricultural zoning often permits keeping certain animals, growing crops, and maintaining traditional land uses that might not be allowed in typical residential areas. For many of our clients, this represents an opportunity to have horses, grow extensive gardens, or maintain small orchards within city limits—truly the best of urban convenience and rural lifestyle.

However, these zones also come with responsibilities. There may be limitations on development density, requirements for maintaining irrigation access for neighboring properties, and sometimes easements that allow for ditch maintenance.

The Sandi Pressley Team's decades of experience in the Albuquerque market give us specialized insight into these zoning considerations. We help our clients understand not only what is permitted today but also how changing regulations may affect property values and usage rights in the future.

Are you looking for your River Valley home? The Rio Grande corridor offers remarkable diversity in housing options. From historic adobe homes with territorial architecture to modern constructions with energy-efficient designs that maximize river views, there's something for every taste.

We especially love introducing clients to the unique neighborhoods along the valley, each with its own character. The North Valley offers larger lots with established trees and often more agricultural character. The Bosque areas near downtown blend urban convenience with natural beauty. The South Valley communities maintain strong cultural traditions while offering some of the most affordable riverside living options.

The shared connection to the river's ecosystem unites these diverse areas. The cottonwood bosque creates a green ribbon through our city, offering wildlife viewing, recreational opportunities, and spectacular sunset views that make riverside living special.

We see a bright future for Albuquerque's Rio Grande corridor. As conservation efforts continue to enhance the river's ecosystem and thoughtful development respects the area's unique character, property values will follow the positive trends observed throughout Albuquerque's desirable neighborhoods.

If you're ready to explore Albuquerque Real Estate or need advice on the Albuquerque River Corridor communities, our team would love to show you everything the Rio Grande Valley has to offer. Our knowledge of local rules, combined with our experience in the Albuquerque market and trusted contractor relationships, can transform a challenging project into a successful investment in your dreams. Let the Sandi Pressley Team guide you through the process. Please call us directly at (505) 263-2173 or visit our website. 


HOT PROPERTY OF THE WEEK!        

401 Afuste Road NE, Rio Rancho, NM 87124


Welcome home to this fantastic single-story home! The chef's kitchen will delight buyers with ample storage space. Granite countertops and a giant island for your food preparation make it a breeze! Open concept for this fantastic family home, featuring a THREE-car garage. One-acre lot with ample space for the next owner's dream outdoor oasis. The front yard is landscaped and low maintenance. Please bring your buyers today as this delightful floor plan will not last long.


Get Your Morning Inspiration with the Sandi Pressley Team!

 


Hello, Albuquerque friends and neighbors! Sandi Pressley here. Today, I want to discuss something that affects every Albuquerque homeowner: our beautiful desert communities' limited water resources and new regulations impacting how we buy and sell homes.

As someone helping Albuquerque families find their perfect homes for over two decades, I've seen many changes in our real estate landscape. Still, these new water conservation measures might be among the most significant for buyers and sellers.

If you haven't heard, the Albuquerque Bernalillo County Water Utility Authority implemented its enhanced conservation program last month. My team and I have been fielding dozens of questions about what this means for real estate transactions. Let me break it down for you in plain language—no technical jargon, I promise!

First, the pre-sale water audit requirement is the most significant change affecting sellers. Before listing your home for sale, you must schedule a water efficiency inspection evaluating everything from your irrigation system to indoor fixtures. I recently walked through this process with a client in the High Desert neighborhood. While it initially seemed daunting, we discovered it was actually relatively straightforward. The inspector identified several simple upgrades that helped them comply with the new regulations and will save the new homeowners nearly $300 annually on their water bills – a great selling point!

Being proactive about these audits can become a marketing advantage for sellers. When my team lists a home that's already passed its water audit with flying colors, we prominently feature that "Water-Wise Certified" status in our listings. In our increasingly eco-conscious market, buyers respond positively to homes that have already addressed water efficiency.

On the buyer side, these regulations are changing how we evaluate properties. When I toured a charming North Valley adobe last week with clients, they were specifically asking about the xeriscaping requirements and native plant landscaping. The property's existing high-water-use lawn would need substantial retrofitting to meet the new standards, which affected our negotiation strategy. We factored those conversion costs into our offer, and the sellers understood this new reality.

The turf limitations have been particularly impactful. Properties can now have 20% of their outdoor space dedicated to high-water grass species. For many older homes in established neighborhoods like Ridgecrest or Nob Hill, this means significant landscaping changes before selling. My team now regularly connects sellers with local landscapers specializing in xeriscaping conversions that maintain aesthetic appeal while reducing water usage.

I've been incredibly impressed with how these regulations are spurring innovation. Last month, I sold a home in the Volterra community where the sellers had installed a greywater system that channels washer water to their fruit trees. This feature became a central selling point, and the home received multiple offers within days of listing. Buyers are increasingly valuing these thoughtful water-conservation features.

The regulations have even more implications for those considering new construction. All new builds must now incorporate rainwater harvesting systems and meet stricter standards for appliance efficiency. I recently toured the latest development in Mesa del Sol with clients, and the builder walked us through their comprehensive water management approach. The homes there are gorgeous examples of how water efficiency can seamlessly integrate into modern design.

The financial aspects of these changes are also worth noting because you may run into upfront costs to meet the requirements. However, some financial incentives are available. The Water Authority offers a rebate program that could offer up to $2,500 for qualifying upgrades, and the City of Albuquerque also offers a sustainability tax credit that helps offset costs. My team has helped numerous clients navigate this paperwork to maximize their savings.

Some clients have worried that these water conservation measures might make our desert homes feel less lush and inviting, but I've found the opposite true. Yesterday, I showed a beautifully redesigned property in Four Hills that replaced thirsty Kentucky bluegrass with a stunning arrangement of desert plants, decorative gravel, and strategic shade trees. The outdoor living space was more usable and distinctly Southwestern – precisely what many of our buyers seek when choosing Albuquerque.

The timing of these changes is quite fortunate. As our spring market heats up, homes that comply with the new water standards stand out. I've observed that water-compliant homes are selling on average, 12 days faster than those requiring substantial updates. That time advantage can translate to thousands in your pocket as a seller in our current market.

These regulations sometimes raise concerns about my relocating clients from wetter climates. However, educating them about our unique high desert environment helps them embrace water-wise living. Just last week, I worked with a family moving from Portland who initially wanted a lush, green yard like they had back home. After discussing our water situation and touring some beautifully xeriscaped properties, they fell in love with the distinctive Southwestern aesthetic that makes Albuquerque so unique.

If you're overwhelmed by all these changes, please know that my team and I are here to guide you. We've developed relationships with the top water efficiency experts in town, maintained an updated database of rebate programs, and created a comprehensive checklist to help our clients successfully comply with the new rules.

The Sandi Pressley Team is ready to help. Our deep knowledge of rules and the local market, trusted contractor relationships, and experience can turn a stressful challenge into a successful opportunity. So, if you're considering selling your Albuquerque home and need to prepare for your water audit, or you're in the market to buy and want to understand what these regulations mean for your new home, Give me a call directly at (505) 263-2173, or visit our website: https://www.albuquerquehomesolutions.com/ 

To learn more about how we can make your next real estate transaction flow smoothly – water conservation and all! After all, protecting our precious desert resources and helping you make informed real estate decisions is what we do best. 




HOT PROPERTY OF THE WEEK!        
11717 Mountain Road NE, Albuquerque, NM 87112

Hello, Albuquerque friends and neighbors! Sandi Pressley here. Today, I want to discuss something that affects every Albuquerque homeowner: our beautiful desert communities' limited water resources and new regulations impacting how we buy and sell homes.


As someone helping Albuquerque families find their perfect homes for over two decades, I've seen many changes in our real estate landscape. Still, these new water conservation measures might be among the most significant for buyers and sellers.


If you haven't heard, the Albuquerque Bernalillo County Water Utility Authority implemented its enhanced conservation program last month. My team and I have been fielding dozens of questions about what this means for real estate transactions. Let me break it down for you in plain language—no technical jargon, I promise!


First, the pre-sale water audit requirement is the most significant change affecting sellers. Before listing your home for sale, you must schedule a water efficiency inspection evaluating everything from your irrigation system to indoor fixtures. I recently walked through this process with a client in the High Desert neighborhood. While it initially seemed daunting, we discovered it was actually relatively straightforward. The inspector identified several simple upgrades that helped them comply with the new regulations and will save the new homeowners nearly $300 annually on their water bills – a great selling point!


Being proactive about these audits can become a marketing advantage for sellers. When my team lists a home that's already passed its water audit with flying colors, we prominently feature that "Water-Wise Certified" status in our listings. In our increasingly eco-conscious market, buyers respond positively to homes that have already addressed water efficiency.


On the buyer side, these regulations are changing how we evaluate properties. When I toured a charming North Valley adobe last week with clients, they were specifically asking about the xeriscaping requirements and native plant landscaping. The property's existing high-water-use lawn would need substantial retrofitting to meet the new standards, which affected our negotiation strategy. We factored those conversion costs into our offer, and the sellers understood this new reality.


The turf limitations have been particularly impactful. Properties can now have 20% of their outdoor space dedicated to high-water grass species. For many older homes in established neighborhoods like Ridgecrest or Nob Hill, this means significant landscaping changes before selling. My team now regularly connects sellers with local landscapers specializing in xeriscaping conversions that maintain aesthetic appeal while reducing water usage.


I've been incredibly impressed with how these regulations are spurring innovation. Last month, I sold a home in the Volterra community where the sellers had installed a greywater system that channels washer water to their fruit trees. This feature became a central selling point, and the home received multiple offers within days of listing. Buyers are increasingly valuing these thoughtful water-conservation features.


The regulations have even more implications for those considering new construction. All new builds must now incorporate rainwater harvesting systems and meet stricter standards for appliance efficiency. I recently toured the latest development in Mesa del Sol with clients, and the builder walked us through their comprehensive water management approach. The homes there are gorgeous examples of how water efficiency can seamlessly integrate into modern design.


The financial aspects of these changes are also worth noting because you may run into upfront costs to meet the requirements. However, some financial incentives are available. The Water Authority offers a rebate program that could offer up to $2,500 for qualifying upgrades, and the City of Albuquerque also offers a sustainability tax credit that helps offset costs. My team has helped numerous clients navigate this paperwork to maximize their savings.


Some clients have worried that these water conservation measures might make our desert homes feel less lush and inviting, but I've found the opposite true. Yesterday, I showed a beautifully redesigned property in Four Hills that replaced thirsty Kentucky bluegrass with a stunning arrangement of desert plants, decorative gravel, and strategic shade trees. The outdoor living space was more usable and distinctly Southwestern – precisely what many of our buyers seek when choosing Albuquerque.


The timing of these changes is quite fortunate. As our spring market heats up, homes that comply with the new water standards stand out. I've observed that water-compliant homes are selling on average, 12 days faster than those requiring substantial updates. That time advantage can translate to thousands in your pocket as a seller in our current market.


These regulations sometimes raise concerns about my relocating clients from wetter climates. However, educating them about our unique high desert environment helps them embrace water-wise living. Just last week, I worked with a family moving from Portland who initially wanted a lush, green yard like they had back home. After discussing our water situation and touring some beautifully xeriscaped properties, they fell in love with the distinctive Southwestern aesthetic that makes Albuquerque so unique.


If you're overwhelmed by all these changes, please know that my team and I are here to guide you. We've developed relationships with the top water efficiency experts in town, maintained an updated database of rebate programs, and created a comprehensive checklist to help our clients successfully comply with the new rules.


The Sandi Pressley Team is ready to help. Our deep knowledge of rules and the local market, trusted contractor relationships, and experience can turn a stressful challenge into a successful opportunity. So, if you're considering selling your Albuquerque home and need to prepare for your water audit, or you're in the market to buy and want to understand what these regulations mean for your new home, Give me a call directly at (505) 263-2173, or visit our website: https://www.albuquerquehomesolutions.com/ 


To learn more about how we can make your next real estate transaction flow smoothly – water conservation and all! After all, protecting our precious desert resources and helping you make informed real estate decisions is what we do best. 


HOT PROPERTY OF THE WEEK!        

11717 Mountain Road NE, Albuquerque, NM 87112

Welcome home! This well-maintained home is situated in a quiet, family friendly neighborhood, and is move-in ready. Features include; roof re-shingled (2020), remodeled kitchen, maple cabinets, granite countertops, all appliances stay! Remodeled bathroom, new carpet, paint and windows. The backyard is an oasis with automatic irrigation, trees; cherry, apple, peach, persimmon and a grapevine. Schedule a showing today!
GET YOUR MORNING INSPIRATION WITH THE Sandi Pressley TEAM!

The Sticky Story of Peanut Butter!

by Sandi Pressley

Happy National Peanut Butter Day! While you make your kid's school lunches today, have you ever considered the fascinating journey of this beloved school lunch staple? Let's dive into the surprisingly rich history of peanut butter—a tale that spans centuries and continents. 
Did you know peanut butter has ancient beginnings that pre-date its 1884 U.S. patent.? While we often think of peanut butter as a modern creation, its roots stretch back to the ancient Aztecs and Incas. These civilizations were grinding peanuts into a paste long before European explorers entered the Americas. However, this early version differed from the smooth, spreadable concoction we know today.
So, what was the path to modern peanut butter? The contemporary era of peanut butter began in the late 19th century, with several key people contributing to it's its development:
In 1884, Marcellus Gilmore Edson of Montreal became the first to patent peanut paste. His version was quite different from today's peanut butter – it was created as a nutritious protein source for people who couldn't chew solid food.
Dr. Ambrose Straub of St. Louis patented the first peanut butter-making machine in 1903, revolutionizing the production process. However, perhaps the most famous name associated with peanuts is George Washington Carver. While he didn't invent peanut butter, he developed hundreds of uses for peanuts and helped establish them as a crucial crop in the American South.
So, when did the famous brands we know get started? The early 1900s saw the emergence of the major peanut butter brands we know today. Joseph Rosefield invented partial hydrogenation in 1922, and it was a game-changer because it prevented oil separation and gave peanut butter that smooth, creamy texture we loved as children and still love today. This innovative new process led to the founding of Peter Pan peanut butter in 1928 and Skippy in 1932.
Peanut Butter is battle-tested. During World War II, it became an essential source of protein for our American soldiers. It was an ideal military food because of its high nutritional value, long shelf life, and relatively low cost. This period cemented peanut butter's place in American culture, leading to its worldwide popularity.
Check out these Peanut Butter Fun Facts 
• You need 540 peanuts to make one 12-ounce jar of peanut butter
• Americans eat enough peanut butter to make 10 billion peanut butter and jelly sandwiches every year.
• The world's largest peanut butter cup was created in 2014, weighing 440 pounds
• Astronauts have taken peanut butter into space since the early days of space travel
What side of the great Peanut Butter debate (smooth versus crunchy ) do you stand on? Peanut butter lovers have debated smooth versus crunchy for generations. Surveys consistently show that smooth peanut butter is more popular, typically winning by a 60-40 margin. However, some interesting demographic patterns emerge: adults prefer crunchy more than children, and coastal regions show a slightly higher preference for smooth compared to inland areas.
So how has modern innovation impacted the future of peanut butter? Today's peanut butter market has expanded far beyond the traditional jar. We're seeing innovative products like powdered peanut butter, organic varieties, and specialty flavors infused with everything from chocolate to spices. The focus on natural ingredients has increased the popularity of fresh-ground peanut butter stations in grocery stores and "just peanuts" varieties without added oils or stabilizers.
The peanut butter industry continues to grow, generating celebration-worthy numbers, and global market values are expected to reach new heights in the coming years. Did you know that in our Nation, the average person consumes more than three pounds of peanut butter every year?
So, as you celebrate National Peanut Butter Day today, remember you're not just enjoying a tasty spread but participating in a culinary tradition that spans cultures and centuries. Peanut butter is one of humanity's most beloved inventions, whether you prefer it smooth or crunchy, in a sandwich or straight from the jar (we won't judge!).
All this writing about peanut butter has made me hungry for a PB&J! I’ll wrap this up and go down to the kitchen.
Whether you're a long-time resident looking to sell your home or considering making Albuquerque your new home, The Sandi Pressley Team can help. Give us a call. (505)263-2173  
Find Homes for Sale 

HOT PROPERTY OF THE WEEK
1502 EAGLE RIDGE ROAD NE, ALBUQUERQUE, NM 87122
  


GET INSPIRED WITH THE Sandi Pressley TEAM!
 

Happy National Peanut Butter Day! While you make your kid's school lunches today, have you ever considered the fascinating journey of this beloved school lunch staple? Let's dive into the surprisingly rich history of peanut butter—a tale that spans centuries and continents. 

Did you know peanut butter has ancient beginnings that pre-date its 1884 U.S. patent.? While we often think of peanut butter as a modern creation, its roots stretch back to the ancient Aztecs and Incas. These civilizations were grinding peanuts into a paste long before European explorers entered the Americas. However, this early version differed from the smooth, spreadable concoction we know today.

So, what was the path to modern peanut butter? The contemporary era of peanut butter began in the late 19th century, with several key people contributing to it's its development:

In 1884, Marcellus Gilmore Edson of Montreal became the first to patent peanut paste. His version was quite different from today's peanut butter – it was created as a nutritious protein source for people who couldn't chew solid food.

Dr. Ambrose Straub of St. Louis patented the first peanut butter-making machine in 1903, revolutionizing the production process. However, perhaps the most famous name associated with peanuts is George Washington Carver. While he didn't invent peanut butter, he developed hundreds of uses for peanuts and helped establish them as a crucial crop in the American South.

So, when did the famous brands we know get started? The early 1900s saw the emergence of the major peanut butter brands we know today. Joseph Rosefield invented partial hydrogenation in 1922, and it was a game-changer because it prevented oil separation and gave peanut butter that smooth, creamy texture we loved as children and still love today. This innovative new process led to the founding of Peter Pan peanut butter in 1928 and Skippy in 1932.

Peanut Butter is battle-tested. During World War II, it became an essential source of protein for our American soldiers. It was an ideal military food because of its high nutritional value, long shelf life, and relatively low cost. This period cemented peanut butter's place in American culture, leading to its worldwide popularity.

Check out these Peanut Butter Fun Facts 

• You need 540 peanuts to make one 12-ounce jar of peanut butter

• Americans eat enough peanut butter to make 10 billion peanut butter and jelly sandwiches every year.

• The world's largest peanut butter cup was created in 2014, weighing 440 pounds

• Astronauts have taken peanut butter into space since the early days of space travel

What side of the great Peanut Butter debate (smooth versus crunchy ) do you stand on? Peanut butter lovers have debated smooth versus crunchy for generations. Surveys consistently show that smooth peanut butter is more popular, typically winning by a 60-40 margin. However, some interesting demographic patterns emerge: adults prefer crunchy more than children, and coastal regions show a slightly higher preference for smooth compared to inland areas.

So how has modern innovation impacted the future of peanut butter? Today's peanut butter market has expanded far beyond the traditional jar. We're seeing innovative products like powdered peanut butter, organic varieties, and specialty flavors infused with everything from chocolate to spices. The focus on natural ingredients has increased the popularity of fresh-ground peanut butter stations in grocery stores and "just peanuts" varieties without added oils or stabilizers.

The peanut butter industry continues to grow, generating celebration-worthy numbers, and global market values are expected to reach new heights in the coming years. Did you know that in our Nation, the average person consumes more than three pounds of peanut butter every year?

So, as you celebrate National Peanut Butter Day today, remember you're not just enjoying a tasty spread but participating in a culinary tradition that spans cultures and centuries. Peanut butter is one of humanity's most beloved inventions, whether you prefer it smooth or crunchy, in a sandwich or straight from the jar (we won't judge!).

All this writing about peanut butter has made me hungry for a PB&J! I’ll wrap this up and go down to the kitchen.

Whether you're a long-time resident looking to sell your home or considering making Albuquerque your new home, The Sandi Pressley Team can help. Give us a call. (505)263-2173  


HOT PROPERTY OF THE WEEK

1502 EAGLE RIDGE ROAD NE, ALBUQUERQUE, NM 87122

  

MOUNTAIN VIEWS! Beautiful home in Sandia Heights with unparalleled views of the Sandia Mountains! This thoughtfully designed home has 3 bedrooms, 3 baths + a study. The kitchen and a large view deck are on the main floor along with a large living room and fireplace. 2 bedrooms + a study are downstairs, with the primary suite, walk-in closet and viewing deck upstairs. The carpets are wool throughout the home and natural wood floors. Excellent school district, and close to hiking, biking, and beauty. Schedule a showing today!


GET INSPIRED WITH THE Sandi Pressley TEAM!


 

One of the questions I often hear from my home buyers is, "Should I focus my home search on High Desert or the Northeast Heights?" I love diving into this comparison as someone who's been helping families find their perfect Albuquerque homes for over 40 years. Also, my team has helped over 100 families choose between High Desert and Northeast Heights, so I'll share my experience with you. Let's explore what each unique area offers in 2025's market.

First, talk about High Desert, Albuquerque's premier master-planned community. I recently helped a family relocate here from Austin, and their reaction to the stunning Sandia Mountain views and meticulously maintained walking trails was priceless. In early 2025, homes in High Desert typically range from $550,000 to well over $1 million. The median price point has increased about 8% from last year, settling around $675,000.

What exactly are you getting for that premium price point? Beyond the apparent prestige of the address, High Desert offers what I call the three S's: Serenity, Scenery, and Security:  
• Every home can access incredible private trails and community spaces, making High Desert outdoor living unique. 
• Carefully planned streetscapes and strict architectural controls help maintain property values.
• The community's private security patrol maintains a safe, peaceful community.

Now, let's venture into Northeast Heights, an area I particularly enjoy showing clients because of its incredible variety. From established neighborhoods near Academy to the newer developments pushing eastward, the Heights offers something for every budget and lifestyle. Current prices typically range from $325,000 to $800,000, with the median hovering around $450,000 – up about 6% from last year.

Certain pockets of the Heights are actually appreciating faster than High Desert right now. The areas around Holiday Park and nearby Highpoint have seen impressive gains. Last month, I helped a young family purchase their first home near Eisenhower Middle School for $425,000. In 2024, similar homes in this area sold for around $385,000.

Here's what I find fascinating about the current market dynamics: while High Desert properties typically take longer to sell (average 45 days on the market), they tend to hold their value more steadily during market fluctuations. On the other hand, Northeast Heights properties are moving quickly (average 18 days on the market) and often receiving multiple offers, particularly in the $350,000-$500,000 range.

What about local amenities? High Desert residents enjoy their exclusive community center and trail system. Still, Northeast Heights dwellers have incredible access to established shopping centers, restaurants, and some of Albuquerque's best public schools. The recent addition of several new dining spots along Montgomery and the upgraded shopping center at Wyoming has only enhanced the Heights' appeal.

One thing that often surprises my clients is the difference in utility costs. Those gorgeous High Desert views come with higher water bills due to stricter landscaping requirements. At the same time, many Heights properties have established trees and more flexible xeriscaping options. However, High Desert's newer construction often means better energy efficiency – something to consider in our desert climate.

So, which area offers better value in 2025? As your trusted advisors, my team will provide all the information you need to make your best choice. The Sandi Pressley Team supports you every step of the way. Call us at 505-263-2173.
FIND TECH CORRIDOR HOMES NOW! 

HOT PROPERTY OF THE WEEK!
4823 MCNARY COURT NW ALBUQUERQUE, NM 87120
 

Casually elegant 3BDR/3BA plus LOFT features PAID SOLAR, A/C, cozy pellet stove, remodeled primary bath, upgraded tile flooring, newer sliding door, stuccoed exterior, newer garage door, new thermostat! There is lots of natural light, raised ceilings, and three living areas! Open entertaining plan, huge great room, stacked stone cozy pellet stove. The spacious kitchen has an island w/sink, a walk-in pantry, a backsplash, beautiful cabinets, roll-out cabs, and recessed lighting! The primary suite features REMOLDED BATH w/tile flooring, dual sink vanity, large shower w/custom tile, linen closet, walk-in closet & private balcony. Landscaped yard, pergola in back to dine outside, hot tub pad! Excellent location close to Mariposa Basin Park, shopping, schools, restaurants, Sprouts, Pueblo Montano Trail & Bosque trails!

GET YOUR MORNING INSPIRATION WITH THE Sandi Pressley TEAM!
 

One of the questions I often hear from my home buyers is, "Should I focus my home search on High Desert or the Northeast Heights?" I love diving into this comparison as someone who's been helping families find their perfect Albuquerque homes for over 40 years. Also, my team has helped over 100 families choose between High Desert and Northeast Heights, so I'll share my experience with you. Let's explore what each unique area offers in 2025's market.


First, talk about High Desert, Albuquerque's premier master-planned community. I recently helped a family relocate here from Austin, and their reaction to the stunning Sandia Mountain views and meticulously maintained walking trails was priceless. In early 2025, homes in High Desert typically range from $550,000 to well over $1 million. The median price point has increased about 8% from last year, settling around $675,000.


What exactly are you getting for that premium price point? Beyond the apparent prestige of the address, High Desert offers what I call the three S's: Serenity, Scenery, and Security:  

• Every home can access incredible private trails and community spaces, making High Desert outdoor living unique. 

• Carefully planned streetscapes and strict architectural controls help maintain property values.

• The community's private security patrol maintains a safe, peaceful community.


Now, let's venture into Northeast Heights, an area I particularly enjoy showing clients because of its incredible variety. From established neighborhoods near Academy to the newer developments pushing eastward, the Heights offers something for every budget and lifestyle. Current prices typically range from $325,000 to $800,000, with the median hovering around $450,000 – up about 6% from last year.


Certain pockets of the Heights are actually appreciating faster than High Desert right now. The areas around Holiday Park and nearby Highpoint have seen impressive gains. Last month, I helped a young family purchase their first home near Eisenhower Middle School for $425,000. In 2024, similar homes in this area sold for around $385,000.


Here's what I find fascinating about the current market dynamics: while High Desert properties typically take longer to sell (average 45 days on the market), they tend to hold their value more steadily during market fluctuations. On the other hand, Northeast Heights properties are moving quickly (average 18 days on the market) and often receiving multiple offers, particularly in the $350,000-$500,000 range.


What about local amenities? High Desert residents enjoy their exclusive community center and trail system. Still, Northeast Heights dwellers have incredible access to established shopping centers, restaurants, and some of Albuquerque's best public schools. The recent addition of several new dining spots along Montgomery and the upgraded shopping center at Wyoming has only enhanced the Heights' appeal.


One thing that often surprises my clients is the difference in utility costs. Those gorgeous High Desert views come with higher water bills due to stricter landscaping requirements. At the same time, many Heights properties have established trees and more flexible xeriscaping options. However, High Desert's newer construction often means better energy efficiency – something to consider in our desert climate.


So, which area offers better value in 2025? As your trusted advisors, my team will provide all the information you need to make your best choice. The Sandi Pressley Team supports you every step of the way. Call us at 505-263-2173.

FIND TECH CORRIDOR HOMES NOW! 


HOT PROPERTY OF THE WEEK!

4823 MCNARY COURT NW ALBUQUERQUE, NM 87120


Casually elegant 3BDR/3BA plus LOFT features PAID SOLAR, A/C, cozy pellet stove, remodeled primary bath, upgraded tile flooring, newer sliding door, stuccoed exterior, newer garage door, new thermostat! There is lots of natural light, raised ceilings, and three living areas! Open entertaining plan, huge great room, stacked stone cozy pellet stove. The spacious kitchen has an island w/sink, a walk-in pantry, a backsplash, beautiful cabinets, roll-out cabs, and recessed lighting! The primary suite features REMOLDED BATH w/tile flooring, dual sink vanity, large shower w/custom tile, linen closet, walk-in closet & private balcony. Landscaped yard, pergola in back to dine outside, hot tub pad! Excellent location close to Mariposa Basin Park, shopping, schools, restaurants, Sprouts, Pueblo Montano Trail & Bosque trails!


GET YOUR MORNING INSPIRATION WITH THE Sandi Pressley TEAM!


 

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.

Preparing Financially to Purchase a Home

by Sandi Pressley



Congratulations, you’ve decided you’re ready to purchase a home. It’s such an exciting time and you want to dive right into looking at homes, but you need to slow down and prepare accordingly.

Purchasing a home is a big decision and a huge financial step, so you want to make sure you are fully prepared financially to be in a position to get the home you want, and can afford, at the best rates possible.  Of course, if you have an abundance of cash at your disposal and can offer cash for the house, then you won’t need to read further, but for most of us, planning is crucial.

So, let’s break down the process to ensure your success.

  1. Get your finances in order. Make sure you are ready to meet with a lender to get your pre-approval. Check your credit ahead of time just so you know where your credit score stands. You can utilize sites such as Credit Karma or Credit Sesame to get a good overview. If you find issues, it is better to take time to repair those issues before seeing your lender.
  2. Down payment and closing costs- How much have you saved toward your down payment and closing costs?  The more you can put down, the less you need to finance. Thus, making your payments lower each month. You’ll also need to budget for closing costs, which are typically 2-5% of the total cost of the home purchase price.
  3. Getting your Pre-Approval. This is the key. The housing market is tight right now, meaning inventory is low so there are more buyers per home. You need to make sure you are pre-approved for your loan amount- not only so you know exactly what you can spend, but so the sellers know you are serious, qualify for the loan, and can purchase the home. Often buyers who are not pre-approved will not have their offer even considered.
  4. Once you are pre-approved for a home loan, it is very important that you do not make any large purchases or take out any loans, credit cards, etc. You need to keep your credit profile clean and consistent with where it was when approval was made. You’ll want to continue making all payments on current rent, mortgages, car, credit cards, etc on time.
  5. Your real estate agent partner is also your fiduciary in the real estate transaction and is there to protect your interests every step of the way. This is why it is critical to partner with an agent/team that is experienced and knowledgeable in the local market and the field. Small mistakes can be costly ones.

At the Sandi Pressley Team we’re here to help you realize your dream of homeownership and partner with the best lenders, inspectors, attorney’s, appraisers and more in this industry to offer the most complete services to our clients.  Ready to make your DREAM COME TRUE?  Call us today.

 

HOT LISTING OF THE WEEK!


13908 INDIAN SCHOOL ROAD NE, ALBUQUERQUE, NM

Stunning home in the foothills with incredible views! SOLAR OWNED! POOL & HOT TUB! TWO PRIMARY SUITES! So many upgrades! Amazing outdoor living space with heated pool, hot tub, outdoor kitchen, wood burning fireplace, covered patios & balconies with mountain views & city lights! Grand staircase, open floorplan with lots of natural light! Entertainer's kitchen has Quartz countertops, backsplash, island, walk-in pantry, induction cooktop, wall oven, butler pantry/bar, sink & wine fridge! Beautifully updated flooring. The luxurious primary suite features private balcony with views, gas fireplace, his/her closets, separate study/office, jetted tub, two-way fireplace & separate shower. 2nd primary suite on the main level w/private bath & access to pool. Secondary bedrooms have Jack-N-Jill bath! 3CG with storage & workshop

 

GET YOUR MORNING INSPIRATION WITH THE Sandi Pressley TEAM!


Albuquerque Home Buying Misconceptions

by Sandi Pressley

Are you ready to buy your first home in Albuquerque? If so, it can be an exciting time.  But times change, and some of the things that were true in the past about home buying are not true anymore.  There are also a number of misconceptions circulating that can confuse a home buyer, whether it’s your first home or your fifth.

What are some of the misconceptions of buying a home?

1. You need a 20% down payment to get a mortgage.

Many home buyers think you still need at least 20% down to get approved.  Yes that may have been true a few decades ago.  In fact, at one time only people with perfect credit and 20% - 50% down could buy a home.  That’s why the government created the Federal Housing Administration and offered “FHA Loans”. These days, the FHA will back a loan from a home buyer with a credit score as little as 500 and a 10% down payment. If your credit score is higher than 580, you only need 3.5% for a down payment! Certainly it’s easier to afford buying a house than it used to be.

2. You can save money by not using a real estate agent.

You simply can’t afford to not use an agent.  Yes they get a 3% commission.  But you’re not the one that pays that fee as a home buyer.  Instead it’s the seller who pays that fee and it’s part of the selling price. Don’t think you’re getting a discount by not using an agent, as they can help you get a lower price. They will also take care of all the paperwork, appraisals, inspections, and other matters that are part of the process. You need their expertise to guide you through this difficult transaction.

3. It’s cheaper to buy a home that needs a lot of renovating.

Sure we’ve all seen the TV shows where people buy an ugly home and turn it into their dream home. And sure they make it seem so easy.  But in the end, all of these repairs take time and money.  And usually the case is that people end up getting tired of all the renovations and don’t end up loving their new home. So if you need to tear down the walls to make a home look good, then perhaps you should find a better choice.

If you’re ready to buy your first home in Albuquerque, let us help you make it a reality.  We’re happy to answer any questions about the process and make sure you have the right information going into the home buying process. You can also 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 ALBUQUERQUE PROPERTY OF THE WEEK!

1011 Puebla Drive, Bernalillo, NM 87004

Immaculate one-story home in the much desired Santiago Subdivision. The natural sunlight from the skylights throughout makes this home bright and open, perfect for entertaining! This home is also handicap accessible with a 36'' wide door frames and 43'' hallway, entrance from the garage into the home with no steps for easy access. Spacious MB and bath featuring double sinks, garden tub, and separate shower with bench. Upgrades to include: Rain gutters, NEW Water Heater (2021), NEW REF A/C Unit (2021), NEW CARPET w/ plush padding (2021), NEW laundry room cabinets, and folding area, (CA Closets). Outside has a covered patio w/ a serene private setting, easy maintenance yard with turf, native plants, and 55 gallon vertical water barrel, and water feature.

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

Tips For First Time Home Buyers

by Sandi Pressley

Most first time home buyers are in their early 30's when they decide to buy. That's a young age to make such a huge financial decision. Of course, it's also a stressful decision no matter how old you are.

How can you reduce the stress of buying a home for the first time? Here's a few things to consider.

How Much Home Can You Afford?

First you need to decide how much of a home you can afford before you start looking for a home. You can use an online mortgage calculator to find out the maximum amount you can afford to pay on a mortgage. This will be based on the price of the home after the down payment for a 30 year mortgage.

An even better way to pin down how much you can afford is to work with a loan officer to help you come up with an amount. They have more detailed access to information such as how much the bank can loan you and what the interest rate will be.

What Can't You Live Without In a Home?

Before the home search begins, you need to sit down and figure out what really matters to you in a home. And not just in the home itself, but the location. Also consider what would make you miserable. Then put it all down in a list of items that are non-negotiable.

After you start looking at homes, then you should take another look at your list and adjust it as you know more about the homes that are available.

Use an Experienced Local Real Estate Agent

A real estate agent can make all the difference when buying a home. Try to get a referral from friends or relatives who live in the area you want to move to. If that's not an option, you can check agent reviews online for local real estate agents.

A good real estate agent knows the Albuquerque area and listens to your needs. In many cases, a great agent will have repeat clients over the years. Look for an agent who has reviews that reflect this. They will also be able to connect you to loan officer and real estate attorneys, along with other needed professionals. Sandi Pressley and her team have decades of experience helping fitst-time home buyers realize their dream of owning a home.

Compare Prices

You should look at homes in the area that are comparable to get an idea of what they're selling for.

You can easily compare homes in the area you plan to move to using tools such as our Advanced Home Search feature.

Ask Your Real Estate Agent About Closing Costs

Closing costs can vary widely. These costs usually include hiring an attorney to look over the buyer seller agreement, along with a home appraiser to inspect the home before the sale. A good real estate agent will be happy to help you determine closing costs.

Being a first time home buyer may seem daunting, but it's something you can accomplish successfully with the right planning and information.

HOT ALBUQUERQUE PROPERTY OF THE WEEK!

7 RICHY Place, Tijeras, NM 87059

High atop in Placitas with magnificent sunrise & sunset views of mountains & mesas!! Lots of natural light, wood beam ceilings, open plan, 3 living areas, sep study/office plus In-law/guest suite! REFRIG AIR! Living room features cozy Kiva fireplace & wall of windows w/mtn views! Formal dining room &butler pantry. Beautiful kitchen has SW style cabinets, island, built-in oven, gas cooktop, bkfst bar & nook w/banco. Private master suite features a sitting room/office, fireplace, sep shower, huge walk-in closet & covered patio with views! Secondary bdrs w/Jack-N-Jill bath! Lower level walk-out living room/game room/media room! 3CG. paved driveway & cul-de-sac location. Natural landscape, 2 waterfalls, covered portals & private courtyard to enjoy the beauty and nature of Placitas!
REQUEST MO

Peace & Quiet in Tijeras! This Single-Owner Home is ready for a new owner. New Roof 2019....soaring ceilings with tons of light...2 living areas.....and a beautiful, wooded 1/2 acre is yours to enjoy. 2-car garage features a separate workshop/hobby/storage area. Relax in the sunroom or the deck while watching the wildlife. Come see this one today!

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

Does Your Credit Need to Be Perfect to Buy a Home in Albuquerque?

by Sandi Pressley

Do you think you have to have perfect credit to buy a home in Albuquerque? Many people do. But the reality is that quite a few people buy homes without a credit score above 700.

Even so, poor credit scores keep people from even trying to buy a home, assuming they won't qualify. Yet, as with most things, knowing how credit works is the key to making things happen. Educating yourself about credit could very well change your life.

Here are a few key things you should know about credit and how you can qualify for a mortgage with a less-than-perfect score.

What score is required?

Lenders vary on the minimum score to qualify for a loan, but 580 is the usual number. That’s the minimum credit score that is typically required for an FHA loan, although scores can go as low as 500 with a higher down payment. 

How does your score affect your mortgage rate?

The rule of thumb in general is the lower the score, the higher the rate. You may still get approved with a low score, but you may need a co-signer or only qualify for a reduced amount.

Are there easy ways to raise your credit?

If you need to raise your score, first check your credit reports for errors. Perhaps a collection account that was paid off long ago or that’s not even yours could be dragging your score down. You can get a free copy credit of your credit report every 12 months from each credit reporting company at AnnualCreditReport.com. 

Experian Boost is a newer service that allows you to raise your FICO score by getting “credit” for making timely phone and utility payments. According to Experian, the average user raised their score by 13 points, which could be enough to get you over the hump.

Should you spend some time working on your credit before you buy a home? That's up to you. If you can raise your score in a few months and it will help you qualify or lower your rates, then it's worth it. Your lender can advise you on where to concentrate for the biggest and quickest improvement. But if raising your score a few points won’t make a big difference in your rate and you’re ready to roll, you might not have much incentive to wait. 

Remember that even a small change in your rate can mean huge savings over time. For example, the difference between a 3.5 percent rate and a 4 percent rate on a $200,000 mortgage is $56 per month. That’s a difference of $20,427 over a 30-year mortgage term.

What is the best loan for low credit scores?

An FHA loan is often the choice of buyers with low credit scores and/or minimal down payments funds. Their criteria is among the most lenient, but you will pay for that leniency. You may be able to qualify for an FHA loan with a minimum credit score of 580 and a 3.5% down payment. Taking out an FHA loan does mean that you'll need to pay mortgage insurance, also known as a mortgage insurance premium, throughout the lifetime of your mortgage. Currently, the mortgage insurance premium on an FHA loan is 1.75% upfront, then 0.7 to 0.85% annually.

Can you buy a home in Albuquerque with less than perfect credit? The answer may depend more on your actions than you think. If you want to explore your home buying possibilities, contact us today. We'll be happy to help you explore your options.

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.

HOT HOME LISTING OF THE WEEK!

6017 CROWNPOINT Drive NE, Rio Rancho, NM 87144  $299,000

4 Bedrooms / 3 Bathrooms (2 full, 1 half) / 3086 Square Feet 

4 BDRS/3BA/2CG PLUS two office/flex rooms! TWO livings spaces! Kitchen features walk-in pantry, island, breakfast nook and bkfst bar. Light, bright and open floor plan! REFRIGERATED AIR! UPDATED WATER HEATER! Large secondary bdrs have walk-in closets & laundry room located upstairs for convenience! Office/flex room on the main level with 3/4 bath! Newly painted interior and new carpet! Master suite features a balcony, walk-in closet, dual sink vanity, garden tub and separate shower. Backyard features a covered patio, balcony off master suite, walled for privacy and easy care rock landscape!

REQUEST MOR

4 BDRS/3BA/2CG PLUS two office/flex rooms! TWO livings spaces! Kitchen features walk-in pantry, island, breakfast nook and bkfst bar. Light, bright and open floor plan! REFRIGERATED AIR! UPDATED WATER HEATER! Large secondary bdrs have walk-in closets & laundry room located upstairs for convenience! Office/flex room on the main level with 3/4 bath! Newly painted interior and new carpet! Master suite features a balcony, walk-in closet, dual sink vanity, garden tub and separate shower. Backyard features a covered patio, balcony off master suite, walled for privacy and easy care rock landscape!

Contact the Sandi Pressley team for additional details! 

Get your Morning Inspiration with the Sandi Pressley Team

 

Packing Hacks That Make Moving Less Awful

by Sandi Pressley

No matter how you slice it, moving is exhausting. Packing up, moving, and then unpacking an entire house is the worst.

Yet there are ways you can cut down on all that aggravation, effort, and anxiety. Here's a few pro tips that can help during your next move.

Do a Pre-Pack Photo Shoot

Here's an idea that can save your memory and sanity. Trying to remember where all those cords go and how you had your bookshelf looking so good can get mind-numbing when you mix it in with the rest of the process.

Save yourself some grief by taking pre-packing photos of all those things that were hard to arrange int he first place, so you won't have to figure it out again. With photos in hand, you’ll be able to recreate it all in record time.

Corral Cords With Toilet Paper Rolls

There's nothing more frustrating than not being able to find extension cords when you need them during a move. You know you've seen them laying around, but where?

When you pack, wind up each cord in a 6-inch coil, then insert it in a toilet paper roll. You’ll have lots more room in the box, and no tangled mess to unpack later. Just remember to clearly label the box!

Create a "Moving Toolbox"

Keep all your moving tools, such as your Sharpies, packing tape, box cutter and such together in a “moving toolbox” that you can take from room to room as you pack. This will keep you from misplacing small essential items when your house is full of boxes.

Tape Appliance Cords to Their Homes

You could be exploring your new neighborhood, but you're too busy trying to find the right power cord for your appliances.

You can save more time by taping the plug to the appliance it belongs to. Then go get a taco on the corner with your reclaimed time.

Use Your Towels, Blankets as Packing Materials

Another way moving day gets frustratingly extended? Your third trip to the store to buy more bubble wrap.

Kudos on treating your breakables with care, you don’t need the store-bought stuff. Pot holders, oven mitts, and even those old paper and plastic grocery bags you were planning to recycle make great packing materials. Also consider towels, pillows, blankets, the kids’ stuffed animals — whatever’s soft!

Color-Code Boxes

If you’re paying movers, really get your money’s worth by making it easy for them to deposit every box in the right room.

Assign a color to each room, then mark that color on the outside of each box. Before movers arrive, add the correct color label to each room’s door. They’ll love the simplicity, and you’ll love not having to haul everything that was supposed to go in the office out of the playroom.

Search for your dream home in Albuquerque with our easy to use home search. Check back on our blog every week for more real estate advice and local articles about living in Albuquerque. And make sure to follow us on Facebook for up to date real estate news for Albuquerque and surrounding areas.

HOT HOME LISTING OF THE WEEK!

10215 Alexandria Road NE, Albuquerque, NM 87122  $299,000

3 Bedrooms / 2 Bathrooms (1 full, 1 half) / 1639 Square Feet

Gorgeous backyard! Impeccably maintained ONE LEVEL 3BDR/2BA home with so many updates! Updated Andersen windows & patio door (2008), aluminum patio cover & extended outdoor patio (2015), furnace (2016), sidewalk to backyard (2015), water heater (2011) and so much more! REFRIG AIR! Light, bright & open floor plan with skylights, TWO living areas, kitchen is open to the family room with access to the covered patio, features an island, roll-out drawers, pantry, dec backsplash & sunny bkfst nook! Master suite has walk-in closet & linen closet. Incredible outdoor living area with a large covered patio, beautifully landscaped yard with grass, shrubs, trees & mountain views!! Close to schools, parks shopping, Trader Joe's, foothill trails!

Contact the Sandi Pressley team for additional details! 

Get your Morning Inspiration with the Sandi Pressley Team

Displaying blog entries 41-50 of 72

Syndication

Categories

Archives

Contact Information

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