Gaillour Group

Todays Builder showcase is Pulte Homes in the Lomas Encantadas subdivision located on Northside of Rio Rancho with Shawn Murray

Office Location
6822 Sydney, Rio Rancho Nm 87144
Call Shawn Murray with Pulte Homes

Pulte Homes with Lisa Hayes exploring housing options for people that feel like they can’t buy a home or find a great opportunity.

New listing with Open House today This one is super cute and one of my favorite builders, Hakes Brothers - Albuquerque and Rio Rancho, NM

And a quick market update

Market in Albuqueruque area for comparable properties to our new listing. If ours is not a good fit, but you’re looking for something like this, look over the list and let us know if we can arrange a showing for you. Also included is a breakdown of what’s going on the market comparative to this type of property.

Current Inventory:
https://www.flexmls.com/link.html?1r3kqhwcfl3k,16,1,78913

Last 45 days market analysis

https://www.flexmls.com/link.html?1r3kqi1rn9ha,16,1,99363

3+ bedroom, 2+ bath 1900”ish” sqft.
NE Heights
Avg days on market is, 19 days for the active, six days for pending, and 17 days for closed
The amount of active currently on the market is 34, pending is 44, and 67 for closed in the last 45 days.
Most of them are selling for 1% over list price. At an average price point of $379,000.

Hopefully this information has been helpful for you and if there’s anything that we can do to assist you in buying, selling or investing in real estate, please reach out to us.

With inventory continuing to be low, prices "should" remain close to where they are in the near future.

What does this tell you? Could be a buying opportunity. Could it be a crash? Are prices poised for a rebound pushing them back up to the last two years? Or is it just a shape of a field goal post because it is the NFL playoffs?

Interest rates are rising and that selling your home now will maintain a higher selling price point.

Sasha Gaillour

More reasons why you should be buying a home instead of renting. Give us a call and let us help you create wealth.

Big thanks to my team and especially my clients for support and trust for the year 2021. I would not have these without you!!!