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Heres how much Gen Z needs to start saving to afford a home in ABQ

February 7, 2019 1:16 AM

Albuquerque landed in the middle of the pack in a new ranking based on the cost of buying a home for the next generation of buyers, known as Generation Z.

Realtor.com, the California-based real estate listing search company that conducted the analysis, found that on average, Generation Z will need to save $304 per month to afford a down payment on a median-priced home in 2031.

"Choosing to live in one of the U.S.'s larger and more expensive metros, especially on the West Coast, is going to make… Continue Reading


Have you heard of the HERO program? A lot of people haven't! HERO is an acronym that stands for Home Energy Renovation Opportunity. HERO gives financing for excellent energy efficient, water saving and renewable energy products. HERO finances 100% of the cost to purchase and install eligible products. Benefits of this program:

  • Low interest rates
  • Different payment terms ranging from 5-20 years for most of products
  • Repayments can be made through property tax
  • If the property is sold before the HERO Financing is paid in off, the remaining payments will be passed on to a new property owner.

HERO Financing is available to commercial and residential property owners in many cities and counties across California.

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