Temperature's Risin'

46 Camino Barranca has a fabulous pool!

Spring temperatures are not the only thing that's heating up around Placitas. Yesterday the thermometer reached 74 degrees, but the real news is the way the real estate market is heating up. Fifteen properties have gone into pending sales since January 1, 2012 and 12 properties have closed in the same time period. Considering that Spring has barely sprung, it looks like we will be keeping very busy. If you're looking to get into the real estate market or to sell, now is a great time to come talk to us at La Puerta Real Estate, LLC. Happy Spring everyone!

Top Ten Home Improvements

It may not be David Letterman worthy, but if you're considering improvements/changes in order to sell your home, the following improvements are considered the most beneficial in their rate of return.

1) Lighten and brighten -- 769% return

2) Clean and de-clutter -- 594% return

3) Fix plumbing/electrical -- 196% return

4) Landscape and trim -- 266% return

5) Staging -- 169% return

6) Paint interior walls -- 63% return

7) Kitchen/bath upgrades -- 138% return

8) Repair flooring -- 50% return

9) Paint exterior walls -- 34% return

10) Replace carpeting -- 39% return

25 Tierra Madre Court

Placitas at its best, private location, huge mountain views, sweet,charming classic southwest style convenient location. No wonder there's already a contract pending. Only 2 miles to I25! Portals in the front, rear and a deck on the side capturing the views all around. Courtyard, vigas, brick floors, kiva fireplace, intimate and open spaces with large windows, and glass patio doors bring the outdoors in. Handcarved front door welcomes you to the many treasures waiting inside, built in display shelves, nichos oversized master bath + office. See this link for all the pictures.

Lower Prices Bring Out More Buyers

8 Calle Lagartijas

President of the Greater Albuquerque Board of Realtors, Peter Parnegg, was interviewed by the Albuquerque Journal on Dec. 22 about the state of real estate in our area. Homes that sold in the Albuquerque area this last November sold at 2005 prices.  Median prices fell.  The good news is that more houses went under contract.  Not all will close, but it does indicate that more people are interested in buying.