Investors

Although no one can predict the future in the short run we at AMMRE are committed to the belief that real estate is an excellent long-term investment. We believe that people who own investment single-family homes, duplexes, quads, and small apartment buildings will build wealth that they can count on in the future. If owning investment real estate is part of your financial strategy, AMMRE has much to offer.

The first step to a successful real estate investment is to buy right. AMMRE's sales division has the experience and savvy to assist you in locating the best investment properties. It is equally important to manage the rental process well. AMMRE has managed single-family investment real estate since 1979. We know how to maximize your returns and minimize your risk. Our professional property managers will locate a resident and/or manage the property. Our affordable property management services save you time, money and hassles.

Albuquerque was named #1 Metro Area for Growth in West by Fortune Magazine Investor's Guide 2006

The following is an excerpt from Fortune Magazine Investor's Guide 2006.

Everybody from Los Angeles to Boston — your mom, your doctor, your dry cleaner — is puzzling over which way the nation’s real estate market is headed. Up or down? Bubble or not? It’s a debate that’s been raging for years. FORTUNE turned to Moody’s Economy.com and home property-valuation service CSW for specific guidance. Using their proprietary figures and models, the researchers crunched numbers on the 100 largest metropolitan regions in the country, from New York City to Albuquerque to Atlanta (metro areas can include nearby towns and suburbs). Nationally, the overall outlook seems reasonable: 7% appreciation for 2006 and flat for 2007. Looking closer to the ground — despite all the talk of a “national bubble,” local is what really matters in real estate — a mixed picture emerges. Markets that have seen the greatest appreciation over the past five years appear to be vulnerable.

Indeed, at some point in the next two years, according to the forecast, a third of the nation’s 100 largest metro areas (accounting for 60% of the US Population) are expected to see modestly falling house prices. That’s not Armageddon, but it’s a change in direction and a disquieting harbinger. Real estate bear markets often come in the form of steady declines over many years, rather than sudden sharp drops. As inflation gradually gnaws away at the value of nominal home prices, regular folks might not take much notice.  But in the long run,  the loss of wealth becomes all too real.  From 1989 to 1997, for instance, Los Angeles residential real estate dropped more than 40% in inflation adjusted terms.

The nation’s most perilous regional market, according to the forecast data: Las Vegas, a speculator-infested hot spot. Prices there are projected to deflate by 7.9% next year, the year after by another 5%.  Granted, the Sin City metro area saw prices rise by 44% in 2004 alone, and they are on track to post 14% gains in 2005. But for newcomers to the market and those with low-money down deals who may have overleveraged themselves with adjustable-rate mortgages, even a modest down turn could mean financial jeopardy.

The upshot: If you live in one of these over-heated places, you may want to make some new calculations and assumptions about your property. On the other hand, markets at the other end of the spectrum—lower priced areas that have seen less froth lately, such as Rochester, NY, Albuquerque, NM and Tulsa, OK are more likely to see expanding home values.