Mike Cozby

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Albuquerque New Mexico Real Estate Agent

731 Score

Home » New Mexico » Albuquerque » Coldwell Banker Legacy » Mike Cozby

731
score

Mike Cozby
Coldwell Banker Legacy
Albuquerque, NM 87111-7369
Phone: 505-293-3700
Communities: Albuquerque.

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Review Average	= 450
Total Reviews	= 80
Review Responses	= 0
Video	= 0
Photo	= 0
Office Logo	= 0
Homes Sold	= 0
Interview	= 50
Years Exp.	= 105
Welcome Message	= 0
Website	= 10
Email	= 10
Claimed Profile	= 25
Networking Links	= 0
Designations	= 0
Communities	= 1
Link back to IncredibleAgents.com	= 0
Total Score	= 731

This profile viewed by 559 visitors.

Mike is a Albuquerque, New Mexico Real Estate Agent who is licensed in the State of New Mexico and works out of the Coldwell Banker Legacy in Albuquerque, NM. Currently Mike has not left a welcome message or submitted a photo, so please feel free to leave a review of Mike or email Mike Cozby to ask them to sign up and update their profile.

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Albuquerque Year in Review Letter - Recacoz (Jan 25, 2009)
Recacoz bought a home and would recommend using Mike for your home purchase.
Comments:

"January 23, 2009 Happy New Year! Here is my annual year in review..." Read More

"January 23, 2009 Happy New Year! Here is my annual year in review letter of the Albuquerque Real Estate Market. What happened between 2004 and 2006 is that mortgage money became SO easy to obtain, we “presold” many, first-time home occupying “units.” In other words, we prematurely put people into homes before they were really ready to buy. We repeatedly heard the chant, “you better hurry up and buy before you are priced out of the market.” What then happened is that the frenzy heated up, prices started moving really quickly and investor/speculators started entering the market. What that created was false demand. Who responded? The builders. They stepped up production and a lot of houses were sold to non-occupants. Finally, the supply of new buyers was used up, just like when we draw a well down. The well isn’t ruined, just exhausted. The listing inventory of new spec houses rose, the listing inventory of resales rose, and demand decreased. Naturally what followed was a decrease in price. The average price in Albuquerque got as high as $240,000, and last month for the first time in six years it was under $200,000. In 2006 there were 6,611 new home permits in greater Albuquerque. In 2007 there were 4,037. Through the date of this letter, there have been 1,793 permits pulled in 2008! The creation of new supply is down 72%! That is GOOD! Apartment vacancies are approximately 7%! That too is good! In the meantime, there is the slow but constant replenishing of new households through organic growth as well as some new jobs. I don’t believe that an economic stimulus package can replace the fundamentals of supply and demand. The consumer right now is repaying credit card debt that they used to “pre-purchase” goods. As they pay off their debt, they will regain an appetite for consumer goods such as cars, houses, furniture, etc., and the economy will come back. When, of course, is anybody’s guess. For those of us who are lucky enough to live in Albuquerque, I think we are in the right place at the right time! Whew! So the big question; Is it a good time to move. Here are 2 scenarios. If you are moving up it is a fabulous time to buy. For example, a 10% decrease in price on a $500,000 house is $50,000, while a 10% decrease on a $200,000 house is $20,000. It is a great time to buy up. If you are selling a property to maximize profit/return and not re-buying, it is not a great time to buy. On a very positive note, now might be a GREAT time to refinance. Rates today are in the mid 5% range. Call me and I will walk you through the decision making process. As far as the housing market is concerned, last month 457 homes went under contract in Albuquerque. Not the numbers we hit in 2005, but still, the market is alive! If you want to move, you can! Call me if you would like to chat. I would love to hear from you. Mike Cozby Mike Cozby, Associate Broker Coldwell Banker Legacy 505.269.4267 recacoz@msn.com www.cozcorealestate.com"

Knowledge:
5.0 Stars

Courtesy:
5.0 Stars

Communication:
5.0 Stars

Website:
5.0 Stars

Effectiveness:
5.0 Stars

Albuquerque Real Estate - volly (May 16, 2008)
volly bought a home and would recommend using Mike for your home purchase.
Comments:

"Albuquerque is now ranked as one of ten cities to move to ! check..." Read More

Very Satisfied! - Szymkowiak (Feb 15, 2008)
Szymkowiak bought a home and would recommend using Mike for your home purchase.
Comments:

"Mike was awesome he drove us around and showed us the whole westside..." Read More

cozcorealestate - cozcorealestate (Nov 05, 2007)
cozcorealestate bought a home and would recommend using Mike for your home purchase.
Comments:

"This is a great new source of information for Real Estate! go to..." Read More

Satisfied! - Carlowe (Nov 03, 2007)
Carlowe bought a home and would recommend using Mike for your home purchase.
Comments:

"Mike helped us sell our home in a very slow market on the westside of..." Read More

New Website! - Mike Cozby (Nov 01, 2007)
Mike Cozby bought a home and would recommend using Mike for your home purchase.
Comments:

"Check out my new website @ www.point2agent.com! Or..." Read More

CLIENT - Client (Jul 26, 2007)
Client sold a home and would recommend using Mike for your home purchase.
Comments:

"Very impressed! The transaction was mooth and seamless and we got our..." Read More

****ociate Broker - Mike (Jul 26, 2007)
Mike sold a home and would recommend using Mike for your home purchase.
Comments:

"Awesome, super, knowledgable, hands on, follows up and follows..." Read More

(0 homes sold)

No homes have been entered.

What year did you become a real estate agent?
1988

How many years have you been in Real Estate?
I have over 20 years Sales and Service experience! The last 12 have been in Albuquerque Real Estate!

What is the average home price in your market?
The average price of a home in our market ranges from $225K to $242K

Are there any new developments or trends in your area?
There are many new and exciting developments in area! Our West side is booming with New construction! The NE heights is a appreciating at an amazing rate!

Why do you enjoy being a real estate agent?
The ability to help people! To help them purchase or sell the largest investment of their life! Service is what I sell! I approach Real Estate Sales as a Consultant. I Sell the marketing aspect of the business!

What is the most challenging issue you face as a Real Estate Professional?
Educating the client with all the new trends , rules , regulations and varied financing options available today!

Tell us one of your client success stories or an interesting moment in your profession.
My favortie stories are of the clients that purchased their first home through me and when they decided to sell years later made HUGE gains in their equity profit!

What is your best characteristic?
Follow up and Follow through!

Who or what inspires you the most?
My Family and Friends!

What is the best advice you ever received?
Always take the time to investigate all options before making a major investment or life change! Remember " Fools rush in where Angels dare to tread"

If you could live anywhere in the world, where would it be?
I would love to live here in Albuquerque half of the year and on the coast near the Sea the other half!

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