News & Info | Gary Sandler

Oct 01, 2022 Seven ways to counter rising mortgage rates

Gary Sandler

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Published 1 October 2022 Mortgage interest rates are rising more quickly than expected. Lawrence Yun, chief economist for the National Association of Realtors, forecast in January that the 30-year fixed-rate mortgage would hit 3.7 percent by the end of the year. Man-o-man, did he miss the mark. As of Sept. 30, with three months to

Sep 24, 2022 Las Cruces home sellers can maximize profits by fixing up

Gary Sandler

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Published 24 September 2022 While buyers are still willing to pay full price, or more, for properties that are clean, fresh and ready to go, a large percentage of buyers shy away from homes that require clean-up or repairs after the purchase. The key to moving a home from the less-than-desirable to the desirable category

Sep 17, 2022 Las Cruces home-sale market takes on a split personality

Gary Sandler

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Published 17 September 2022 There’s an interesting phenomenon taking place in Las Cruces-area real estate. While one portion of the market continues to favor sellers, another is more advantageous to buyers. The phenomenon is not new. It routinely occurs when economic factors impacting the supply and demand model begin to provide buyers with an advantage

Sep 10, 2022 Las Cruces homebuyers and sellers are sharpening their negotiating skills

Gary Sandler

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Published 10 September 2022 There’s no denying that the supply and demand pendulum is swinging in the direction of Las Cruces-area homebuyers. While sellers whose homes are “the best for the money” continue to benefit from a high level of demand, sellers on the other end of the spectrum are finding that it is now

Sep 03, 2022 Las Cruces home inventory balloons by 240 percent

Gary Sandler

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Published 3 September 2022 According to an Aug. 28 report from the Las Cruces Association of Realtors, the inventory of new and existing Las Cruces-area homes, townhomes and condominiums grew by 240 percent between mid-March and the end of August. The inventory, which stood at 133 units on March 19, grew to 320 units over

Aug 27, 2022 Las Cruces median home price holds steady as rate of appreciation declines

Gary Sandler

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Published 27 August 2022 Media outlets of all shapes and sizes have been consistently reporting on the effects the current economy is having our nation’s real estate markets.  An Aug. 24 CNBC headline read “Home prices fell for the first time in three years last month — and it was the biggest decline since 2011.”