Ingles/Company Realtors – Albuquerque Real Estate

Existing-Home Sales Rise in ABQ, but Dip across Rest of the Country

albqhomes — Fri, 14 Jun 2013 19:40:04 +0000

There were 672 sales in the Albuquerque metro market, well above the
542 sales in February and 596 sales in March of last year, the Greater
Albuquerque Association of Realtors reports.

Existing-Home Sales Rise in ABQ, but Dip across Rest of the Country

albqhomes — Wed, 05 Jun 2013 16:13:39 +0000

Sales of previously occupied homes rose strongly in the Albuquerque metro area in March even as they dipped cross the rest of the country.

STRATEGY NO. 2 Get in on the Renovation Resurgence

albqhomes — Mon, 03 Jun 2013 20:23:35 +0000

The picks: Lowe’s (LOW, Fortune 500), operator of 1,745 home-improvement stores around the country, is one of the biggest beneficiaries of this upsurge in activity. Recently reported sales to professional contractors were particularly strong.

STRATEGY NO. 2 Get in on the Renovation Resurgence

albqhomes — Fri, 31 May 2013 20:02:54 +0000

Companies tied to renovation didn’t go unnoticed in 2012. Like the high-performing home-improvement retailers, furniture companies racked up big returns—29% through early December. Still, many renovation stocks are expected to grow earnings at double the rate of the average large stock.

STRATEGY NO. 2 Get in on the Renovation Resurgence

albqhomes — Sun, 26 May 2013 20:28:31 +0000

Each percentage point of appreciation in housing prices translates to an additional $190 billion in home equity—or about $2,500 per household—say the National Association of Realtors. That uptick makes owners feel more confident about spending money to fix up their houses.

STRATEGY NO. 1: Buy the Supplies, Not the Home Builders

albqhomes — Fri, 24 May 2013 20:27:57 +0000

A broader way to play the growing demand for timber is via a low-cost exchange-traded fund: iShares S&P Global Timer & Forestry Index (WOOD), which has Weyerhaeuser, Rayonier, and Plum Creek Timber as its top holdings. The average-size home uses about $25,000 worth of lumber, according to the National Association of Home Builders, and construction activity powers the ETF’s performance. In December, the fund was up 19% for the year.

STRATEGY NO. 1: Buy the Supplies, Not the Home Builders

albqhomes — Wed, 22 May 2013 19:45:06 +0000

The picks: The division of Weyerhaeuser CO. (WY, Fortune 500) supplying lumber and plywood board to builders—a money loser in the bust—has begun to drive earnings, thanks to the minimal investment needed to boost production.

HOUSING STOCK HAVE BECOME A HOT COMMODITY

albqhomes — Tue, 14 May 2013 18:53:03 +0000

STRATEGY NO. 1: Buy the Supplies, Not the Home Builders
(Excerpted from Money Magazine; Lisa Giggs) The numbers support more growth in the housing market. Consider the companies selling to homebuilders for investment dollars. The suppliers may have similarly high P/Es as homebuilders, but their prospects for earnings growth are better, partly because their profits come as a delayed reaction to homebuilder activity.

HOUSING STOCK HAVE BECOME A HOT COMMODITY

albqhomes — Mon, 13 May 2013 16:32:06 +0000

To maximize your profit, though, you have to look beyond what real estate fund managers judge to be the most expensive parts of the industry: homebuilders and real estate investment trusts that own apartment buildings.

HOUSING STOCK HAVE BECOME A HOT COMMODITY

albqhomes — Fri, 10 May 2013 16:41:00 +0000

Of course, various factors could delay progress: elimination of the mortgage interest tax deduction, for example, or an unexpected surge in foreclosures. Still, economists predict a continued upswing.

Moody’s housing economist Celia Chen forecasts above-average growth in construction, prices, and home sales through 2014. “After that,” she says, “growth will still be healthy.”