Blogs by Manish Chanda

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Real Estate Broker/Owner - Everest Peak, Inc.
RECENT BLOG POSTS
We were very intrigued to read an article that appeared on investors.com very recently, showing that, in New Mexico and no less than 41 other states, renting is now more expensive than buying, when looking at median monthly rent prices for single family homes, compared with paying a monthly mortg...
08/27/2016
With the kids going back to school and football season approaching fast, there are plenty of signs around that summer will soon coming to an end.And what a summer it has been in real estate.As we reported last Friday, the Albuquerque area has seen very good year-on-year growth recently and, as w...
08/27/2016
Figures just released by the Greater Albuquerque Association of REALTORS® (GAAR) should make for very good reading for anyone currently selling their home, or contemplating doing so.These stats contain good news in several key categories.The median price of a detached home rose by 3.2% ($189,900)...
08/12/2016
There's been some interesting news already this week from The Federal National Mortgage Association (FNMA), better known as Fannie Mae, the government sponsored, leading source of financing for mortgage lenders.Fannie Mae reports that its Home Purchase Sentiment Index rose by 3.3 points in July t...
08/09/2016
Let's face it, the time you're going to learn the most about the house purchasing process is when you first buy.It's been said that one in five first time homeowners experience some sort of regret after the deal has closed.We thought it would be a good idea to provide some tips on eliminating som...
08/05/2016
 It would be fair to say that not all houses are equal when it comes to how well space can be utilized. At 4984 Night Hawk DR NE in Rio Rancho, however, here's an exceptionally well located residence with a lot of functional space in this 2,424 sq.ft. home, thanks to a particularly well-conceived...
08/02/2016
The recently published, and widely publicized, Zillow Real Estate Market Report for June, certainly paints a great picture of a very, very hot market all over the country, and we're not talking about the sizzling temperatures.Consider, for instance that homes are closing faster at the moment tha...
07/29/2016
The Greater Albuquerque Association of REALTORS® (GAAR) has just released its review of the second quarter of 2016.Quarterly reports are always interesting to study, as they tend to point to more sustainable trends than month-to-month statistics.Compared to the second quarter of 2015, single-fami...
07/23/2016
We'd be the first to admit that, at first glance, the title of today's blog may seem to be the wrong way round, but stay with us a minute on this.While it's obviously the case that the sellers and their agents have to, well, sell their home to you in the first place, once the time comes to make a...
07/19/2016
  With such a vibrant homes market in the Albuquerque area at present, there is a temptation for sellers to assume that delaying listing their property could lead to even better returns on the sale in the future, especially if they have the luxury of being able to wait.Such decisions to procrasti...
07/15/2016
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