The Albuquerque Real Estate Market is doing well... Why to buy?

This is a great time to buy...

This is a great buyers market for first-timers getting their feet wet. Inventory is up, prices have adjusted and we have motivated sellers.

A few things to consider.

Cash is king. Having enough money in the bank to pay closing costs that are typically an additional 2 percent to 3 percent of the price of the home is necessary.

Location. Location, location. As any good real estate professional knows, homes in good school districts where the crime is low are much more likely to hold or increase their value.

Compare. Besides just looking at the comps, buyers should examine what it would cost to rent a similar house in the same area and they might consider what it would cost to buy land and build a comparable home.

Think long haul. It will probably take at least six or seven years of living in the house to be able to sell and come out ahead.

Posted Tuesday May 06

(05/06/08 06:55PM) — Omaha Real Estate Troy Trumm - The Trumm Team

Welcome to ActiveRain!

If you would like a few tips on getting the most out of ActiveRain, please visit my blog Welcome to Active Rain. It has a few simple steps of what to do now that you have joined.

If you ever have any questions, just let me know.

Troy Trumm

(05/07/08 12:46AM) — Ted Mackel Simi Valley Real Estate Simi Valley Homes, Simi Valley Realtor

Welcome to Active Rain. Make sure to check out other blogs so you can see what works and what does not.

(05/07/08 08:01AM) — Dorene Shirley Silicon Valley Real Estate

Welcome to the Rain, make sure that you browse the site and become familiar with everything this site has to offer. The more you browse the more you will learn. I have found this site to be really helpful to me. If you have any questions, please don't hesitate to email me, I will do whatever I can to help.

http://www.doreneshirley.com/

(05/07/08 05:17PM) — A Crye-Leike Blogger, Angie Vandenbergh

Hi! Welcome to the site. I see this is your first post.

There is a lot of reading on this site. I recommend that you read, read, read and then comment, comment, comment. There are so many different blogs to read. There are tons of topics out there from real estate, marketing, technology, seo, staging, mortgage, etc. It goes on and on. You'll start to get to know people and before you know it... you'll have figured out the benefits of the site.

Also check out Resources for the Active Rain Newbie.

Good luck!