Luxury Homes Are A Great Investment (Part 1)

If you are considering buying property in the real estate market of today, you might want to start taking a look at a few luxury houses in the area. Due to the fact that any kind of real estate purchase that you make is going to be an investment, you need to make sure that you are going to make the best investment possible. Even though there are a number of pre-owned homes and properties available for you to select from, you might want to save the time and start considering the more fashionable and exclusive homes that are available. 

By going shopping for a luxury home, you are making the choice and the purchase procedure a whole lot easier and simpler to deal with. Since a number of these homes are newly constructed, you will not have to worry about having to make any repairs, improvements, or renovations. Due to the fact that you are going to be spending a huge sum of money, you should consider taking a look at the best homes available in the market. 

www.GregLobb.com

Four Hills: 2012 vs 2011 Housing Market Update

You're probably noticing more "sold" signs on many properties and those homes are typically not "on the market" as long.  Here's a summary of what happened in Four Hills in 2012 vs 2011.

In 2012, there were 78 properties that sold thru our MLS.  Compared to 57 in 2011.  That is a 27% increase!  In the $249,999 price range or less, there were 41 sales vs 25 or a 39% increase.

The average price per square foot was $109.03 vs $106.06 and the days on the market was 148 vs 169.  In the $250,000+ price range, there were 37 sales vs 32, the average price per square foot was $118.18 vs $115.37 and the average days on the market was 102 vs 135.

So what does all this mean?  Well, with most indicators showing improvement, the real estate market is heading in the right direction.  If interest stay where they currently are I think the real estate market for 2013 in Four Hills will be a good one!

If you would like more specific information, please feel free to contact me anytime.

www.GregLobb.com

14004 Oak Butter Rd NE (Albuquerque, New Mexico)

Beautiful 4 bdrm FOOTHILLS home with terrific curb appeal! Enter into the light and bright living room with soaring vaulted ceiling, a gas fireplace and a stunning staircase. Large eat-in kitchen with quartz counters and bar top, as well as custom built-in nook seating. Well maintained terraced backyard with lush grass, waterfall, and 2 powered storage units; one of which would make a perfect hobby rm or art studio hidden behind mature bushes. Large master suite w/private balcony. Gorgeous!!


14004 Oak Butte Rd NE
Albuquerque, NM 87112



Price: $399,000
MLS#: 760040
Bedrooms: 3
Baths: 3
Sq Ft: 2,420
Garage Spaces: 3
Acres: 0.28
Click for More Details

Extras:

Alarm System
Bar In Kitchen
Breakfast Nook
MB Jetted Tub
Ceiling Fan(s)
Raised Ceiling
Formal DR
Study/Office
Patio Covered
Deck
Rock
Walled Backyard

 

www.GregLobb.com

Buying A House? You Need A Checklist. (Part 5)

In this series we are looking at creating a checklist of things you need to consider when purchasing a house.  Feel free to revisit Part 1, Part 2, Part 3 and Part 4.


Assessing New Properties More Carefully
When you are considering a property you need to be sure to take a complete inventory of the said listing or you may end up with a disaster. What appears to be a minor issue can sometimes turn into a maintenance nightmare, which then leads to spending far more than anticipated in order to secure your dream home or reducing you investment opportunity into little more than a financial liability. 

Mitigate you risk of any unforeseen or unfortunate consequences that may compliment your investment.  You can achieve this by making thorough and effective assessments of any property you might be contemplating purchasing.

www.GregLobb.com

13609 Elena Gallegos Pl NE (Albuquerque, New Mexico)

Enter through the private courtyard and cross the threshold to experience the commanding VIEWS of the Sandias. This outstanding HIGH DESERT home offers 4bdrms + study,and gorgeous well appointed kitchen which opens to the large family room. Retreat to the master bedroom with steam shower, sitting area and fireplace. Large finished basement (800sqft) with lots of natural light perfect for entertaining. Gorgeous setting with inground gunite pool. Too many amenities to list.


13609 Elena Gallegos Pl NE
Albuquerque, NM 87111



Price: 1,200,000
MLS#: 758836
Bedrooms: 4
Baths: 5
Sq Ft: 5,624
Garage Spaces: 3
Acres: 1.13
Click for More Details

 

Extras:

2+ Living Areas
Kitchen Island
Bar In Kitchen
MB Dbl Sink
Beam Ceiling
Breakfast Nook
Built-In Bookcase
MB Jetted Tub
Cable TV
Ceiling Fan(s)
Pantry
Skylights(s)
Formal DR
Study/Office
Walk-In Closet(s)
Patio Covered
Patio Open
Courtyard
Walled Backyard


www.GregLobb.com

Buying A House? You Need A Checklist. (Part 4)

In this series we are looking at creating a checklist of things you need to consider when purchasing a house.  Feel free to revisit Part 1, Part 2 and Part 3.


Finding the Right Real Estate Agent

A good Realtor will will be able to supply you with a far greater understanding of the local market.  Working with one of these professionals and utilizing all they have to offer can ensure that you are able to experience superior success with you efforts.  You may be limiting you options far more than you expect if you attempt to navigate the real estate market and inventory that is available without the consultation of the right Realtor.  Professional knowledge, experience and resources can make a huge difference in your efforts to finding the perfect home.

Question to the Reader: Have you ever tried to shop for a home without a Realtor?  What was your experience like?


www.GregLobb.com