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Find NM real estate agents and Albuquerque real estate on ActiveRain.
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First-time and repeat homebuyers profited from the homebuyrer tax credit offered as part of the American Recovery and Reinvestment Act (ARRA) initiatives designed to help jump start the economy. That package helped sustain the residential real estate market through the past two years and has been particularly helpful to first-time home buyers, many of whom felt left out during the protracted increases in home prices up to 2007.