Real Estate News and Advice
November 16, 2009
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  CONDITIONS™
By Local Real Estate Experts  

These agents are in the field every day. Who knows the local housing market better than the people who work it on a regular basis? Click on the "MORE" link after each summary to find out more about each agent and their opinion of the Real Estate market for this community. Agents, click here to share your opinions of this market.

Top > New Mexico > Corrales


Market Conditions Summary for Corrales, New Mexico


Reported by

Larry and Judy Salas
as of 11/2/2009:
As of today Nov. 2, 2009 Realty Times reports that the average interest rate nationally for a 30 year fixed interest rate loan is 5.03 % compared to 5.04% last month. The number of Corrales homes that closed during the first ten months of the year... MORE->
About Larry and Judy Salas

Reported by

Keith and Gina MacRae
as of 10/31/2009:
We believe that the Albuquerque market is leveling off. However, with an 9.07 month supply of home in the Greater Albuquerque Metropolitan Area, it's still a Buyer's Market. (a six month supply of homes is considered a balanced market) Lower home... MORE->
About Keith and Gina MacRae


Average Current Market Rating: 2.5    (2 ratings)




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Buyer's Market

Seller's Market

Average Current Price Trend: 2.5    (2 ratings)




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Falling

Rising

Navigate: Top > New Mexico > Corrales


Note: A strong Buyer's Market does not necessarily mean that it is not a good time to sell your home. Likewise, a strong Seller's Market does not necessarily mean it is a bad time to buy a home. We suggest contacting one of the Real Estate Professionals on this page for advice.

These reports reflect the views and opinions of their authors and are not necessarily the views and opinions of Realty Times.




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Mortgage Rates
30 Year Fixed: 4.98%
15 Year Fixed: 4.40%
1 Year Adj: 4.47%
(U.S. Weekly Averages)

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