Albuquerque Real Estate Talk Ep 570 North Valley Variety Exploring ABQ’s River Neighborhoods

Описание: In Episode 570 of Albuquerque Real Estate Talk, Tego and Tracy Venturi explore the unique charm of the North Valley, ranging from historic equestrian trails to a massive $13.5 million estate. Beyond the local tour, we discuss essential market updates and a major federal reporting change taking effect on March 1st that will impact cash buyers and entities.

We also break down current home values across the metro area and explain why the February market is already heating up.

Key Highlights:

Home Values by County: Bernalillo is at $340,000, Sandoval is at $368,000, and Valencia is at $302,000.

Market Pulse: Why buyers are coming off the sidelines despite interest rates hovering around 6 percent.

FinCEN Reporting: New anti-money laundering rules for residential property purchases involving entities.

National Policy: The Housing for the 21st Century Act and the potential removal of the chassis tax on manufactured homes.

Episode Timestamps:

00:00 - Welcome to Episode 570: Albuquerque and National Real Estate News.
01:03 - The Tease: A major reporting change is coming March 1st.
01:50 - Local Market Stats: Home values in Bernalillo, Sandoval, and Valencia counties.
06:45 - Pulse on the Street: Increased buyer activity and multiple offer situations.
08:15 - Interest Rate Update: Rates in the 6 percent range and FHA options.
10:45 - Question of the Week: What is a Buyer Sale Contingency?
14:15 - North Valley Luxury Deep Dive: Defining the area and its diverse neighborhoods.
18:25 - The $13.5 Million Listing: A look at Albuquerque’s most expensive property.
22:00 - Why We Love the Valley: Walking trails, rural vibes, and great restaurants.
24:00 - FinCEN Rules Explained: New federal compliance for cash purchases and entities.
35:20 - National Housing News: HR 6644 and changes to factory-built housing standards.
37:55 - Closing: Lunar New Year and looking ahead to the spring market.

Venturi Realty Group - Real Broker LLC
(505) 448-8888
[email protected]
https://welcomehomeabq.com

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