Q Realty® | Albuquerque Real Estate | Albuquerque Homes For Sale

An Albuquerque Real Estate Company - People In "The Q" Use Q Realty®

Call Today: 505-750-0059

People in “The Q” use Q Realty™

  • Home
  • Property Search
    • Search by Community
      • Tinnin Farms
      • North Albuquerque Acres
      • North Valley Albuquerque
      • Downtown Albuquerque
      • Foothills North and High Desert
      • UNM Area
      • Sandia Heights
      • Far Northeast Heights
      • Uptown
      • Northeast Heights
      • Foothills South
      • Four Hills
      • Southeast Heights
      • Academy West
      • High Desert
      • Corrales
    • Newest Listings
    • Million Dollar Listings
    • Luxury Homes ($500K-$1Mil)
    • Single Family Homes
    • Condos & Townhouses
    • Foreclosures
    • Open Houses
    • Recent Price Reductions
  • Buyers
    • Buying with Q Realty®
    • Featured Listings
    • Mortgage
    • Open Houses
  • Sellers
    • Selling with QRealty
    • Listing Your Home
    • What’s My Home Worth?
    • Request a FREE Market Analysis
  • Find an Agent
  • Blog
  • About Q Realty®
    • Our Agents
    • Real Estate Licenses
    • Preferred Vendors
    • Career Opportunities
  • Contact
You are here: Home / Blog / Featured Blog Posts / Is 2017 the Year to Move Up to Your Dream Home? If So, Do It Early!

Is 2017 the Year to Move Up to Your Dream Home? If So, Do It Early!

May 11, 2017 John Kynor Leave a Comment

Information from the KCM Blog

dream-home-898x550

If you are considering moving up to your dream home, it may be better to do it earlier in the year than later. The two components of your monthly mortgage payment (home prices and interest rates) are both projected to increase as the year moves forward, and interest rates may increase rather dramatically. Here are some predictions on where rates will be by the end of the year:

Freddie Mac

“While full employment and rising inflation are signs of a strong economy, they also have the potential to push mortgage rates and house prices up. The higher rates and higher prices create significant affordability concerns, which may continue to characterize the housing market for the rest of 2017.”

Lynn Fisher, Vice President of Research & Economics for the Mortgage Bankers Association

“By the time we get to the fourth quarter of this year, we will still be under 5 percent – we are thinking 4.7 percent…Something north of 5 percent by the time we get to 2018, and by the time we get to 2019, we show fourth-quarter rates hitting 5.5 percent.”

Mark Fleming, First American’s Chief Economist

“Despite some regional disparities, title agents and real estate professionals do not expect increasing mortgage rates to have a significant impact on the housing market this spring. Continued good economic news, increasing Millennial demand and confidence that buyers will remain in the market even if rates exceed 5 percent bode well for 2017 real estate.”

Len Kiefer, Deputy Chief Economist for Freddie Mac

“We will probably see rates higher at the end of year, around 4.5%.”

Bottom Line

If you are feeling good about your family’s economic future and are considering making a move to your dream home, doing it sooner rather than later makes the most sense.

Tweet

Related Posts

  • Decorating a Contemporary Dining Room
  • Do-It-Yourself Tips for a Luxury Kitchen
  • Adding a Patio Spa to Your Backyard
  • This is a wordpress post
  • This is a wordpress post

Filed Under: Featured Blog Posts, Mortgage Information, Mortgage News

About John Kynor

John Kynor is the Founder, CEO & Qualifying Broker of Q Realty®. John has enjoyed over 15 years in Albuquerque real estate and is a multi-million dollar producer. He founded Q Realty® in 2012, which quickly became one of the top real estate companies in Albuquerque ("The Q"). Contact John at John@Qrealty.com with any questions.

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Agent Directory

Find an Agent

Testimonials

Highly recommended realtor that we refer to anyone who wants a hard working agent

Client
Broker-Paul Chavez

Read More

Mortgage Calculator

$
  %
  yrs
  %
$

Real Estate Search

Q Realty® is an Albuquerque real estate company and is locally owned and operated. Q Realty® or "The Q" was founded on the principals of outstanding customer service and we have earned the reputation of being the most “customer-centric,” honest, ethical and professional real estate company in Albuquerque. We treat our customers how we like to be treated.

Real estate used to be considered a sales industry and many companies still treat it as such, but not Q Realty®. Consumers do not like the feeling of being “sold” and neither do we. Instead we “serve” and “help” our customers with their real estate needs. As a result of our dedication to first class customer service Q Realty® earned a spot on Albuquerque Business First's list of the top 25 Real Estate Brokerages in New Mexico, as measured by the number of homes sold and the total value of homes sold by each brokerage

Q Realty® is comprised of only the most experienced and talented Real Estate Professionals who have reputations for delivering exceptional customer service. We specialize solely in the Greater Albuquerque Area, which includes Rio Rancho, Corrales, Placitas, The Village of Los Ranchos de Albuquerque, Bernalillo, Belen, Los Lunas, Bosque Farms, Tijeras, Zuzax, Edgewood, and the rest of the East Mountains.

We are Q Realty® and we specialize in “The Q”. If you are buying or selling a home in the Albuquerque area, please give us an opportunity to earn your business and contact us today.

info@theqrealty.com
505-750-0059
4333 Pan American Frwy NE Suite E Albuquerque, NM 87107
© 2021 Q Realty® | Albuquerque Real Estate | Albuquerque Homes For Sale

Sign Order Form | Sitemap | Log in