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Albuquerque Real Estate Talk 496 - June 29, 2024
Manage episode 426272095 series 3516630
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Albuquerque Real Estate Update: Tanoan Neighborhood, ADUs, and Commission Changes In episode 496 of Albuquerque Real Estate Talk, Tego and Tracy Venturi from Venturi Realty Group discuss several key real estate topics for June 2024. They delve into the differences in home prices between Tanoan East and Tanoan West neighborhoods, insights on building casitas or accessory dwelling units (ADUs) in Albuquerque, and the significant changes due to a recent realtor commission lawsuit settlement affecting buyers and sellers from August 1st. They also mention the latest trends in Albuquerque home prices and potential future market shifts.
00:00 Introduction and Episode Overview
01:03 Question of the Week: Tanoan East vs. Tanoan West
07:01 Understanding the Realtor Commission Lawsuit Settlement
11:14 New Rules for Buyers and Sellers
24:18 Building a Casita or ADU in Albuquerque
26:55 Predicting Future Home Prices
27:55 Conclusion and Final Thoughts
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