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Market Conditions in Rio Rancho : Real Estate Advice

  • All107
  • Local Info8
  • Home Buying36
  • Home Selling12
  • Market Conditions9

Activity 10
Tue Feb 11, 2014
David Zemke asked:
This question was asked from
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Thu May 30, 2013
Barry Levine answered:
It is under contract after just 9 days. I'd be happy to assist you in finding another home if you like. Call me at 934-2160. Barry Levine, EXIT Realty Southwest
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Sun Jul 8, 2012
Martha Greenleaf answered:
I agree with John. is where we go as agents because it contains the most up-to-date, accurate information in our marketplace. As agents, we are the ones who have access to sales prices, etc. New Mexico is a non-disclosure state so the statistics found at GAAR are for public distribution and use. Our Association makes this data available to the public - so feel free to log in and use it. If you have other questions, or need further clarification, feel free to call your trusted real estate advisor. If you don't have one, I would be happy to help you.

Martha Greenleaf
cell (preferred) 505-301-1191

Coldwell Banker Legacy
main office: 505-892-1000
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Mon Jul 2, 2012
David Stafford answered:
Good answers below, but it is hard to tell for sure, as our MLS data on this is not that accurate because it does not account for price reductions, meaning we can see the avg ratio you are looking for, but that only accounts for the sales price vs list price at time of sale, not starting list price. As a seller you need to know that sellers who start too high typically stay on the market longer and even sell for less. I have a program that can take a random sample in an area and prove that happens. As a buyer, you want to compare to other very similar homes and not just consider this ratio, as both Leigh-Jo and Arthur accurately pointed out. I would be happy to send you a very specific market analysis showing what a specific property should sell for, but in reality, the best way for you to know what you think a home is worth is to get out there and see enough homes that you will know right away when you have found the right one at the right price. Whether selling or buying, consider my special offers on my website that will save you thousands of dollars over using any other agent in town. Also, check out my bio and other Q&A here on Trulia, then shoot me a text, email, or call anytime with questions about any homes or to see any in person. Best of luck!

David Stafford
360 Ventures Real Estate
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Sun May 27, 2012
Tamara Petrino answered:
Hi Wayne, if you can get me the address I will look up the property and get you the information
thank you
Tamara Petrino. 239-3880
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Sat Nov 14, 2009
* answered:
I just sold two house in Vista Hills in the past month. Due to the first time home buyer program this is the time to sell. Rio Rancho's inventory has fallen 33%. Some areas are showing a increase in price. I just listed a home in Vista Hills and recieving much activity. I have sold more homes in Vista Hills in the past two years than any other realtor. The secret is pricing, showability and marketing. I would be happy to send you the latest stats on Vista Hills. The stats are good. Any questions about Vista Hills or Rio Rancho please give me a call. 505-715-7641 ... more
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Tue Jul 21, 2009
* answered:
You may want to contact a good lender that is welling to look at the whole picture. They might be able to come up with a program that will meet your needs since you own other properties.

Best of luck
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Sat Mar 28, 2009
Tracy and Tego Venturi answered:
Hi David -
There are no lot sales in the MLS for the past year in the SAD8 area by Vista Entrada. Lots in the Vista Entrada area are listed from $70k to $150k depending on location and utilities, but sales have been slow. If you have other questions let me know.
Tego Venturi
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Thu Feb 28, 2008
George Lowes answered:
Happy to give you a market analysis. I live and specialize in marketing and selling properties in Rio Rancho. Let me know if I can help.
George Lowes, CRS, e-PRO, President Elect RANM 2008
RE/MAX Alliance Realtors
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Tue Dec 18, 2007
George Lowes answered:
Hello Mike,
I am with RE/MAX Alliance Realtors. I live and specialize in Rio Rancho. Am very familiar with your property. George Lowes, CRS, e-PRO or 550-2037
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