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new mexico real estate market: Market Update - In Albuquerque, New Mexico Real Estate is Local - 04/24/10 03:31 PM
All real estate is local so while we read the national news and stay abreast of what is happening in other states, we must remember that what is true of the markets in other parts of the country at any one point in time may not be not be true for Albuquerque, New Mexico.
The downturn wave in the real estate market reached the Greater Albuquerque area of New Mexico in the fall of 2007 almost a year later than several other states where the market heated up to bubble or near bubble proportions. In New Mexico, market appreciation started later, … (7 comments)
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new mexico real estate market: Albuquerque Real Estate Market Doing Well - Official Report - 01/19/07 08:03 PM
The eagerly awaited official fourth quarter report for the Albuquerque real estate market is out. There are no surprises! In an earlier article on ActiveRain, Great Year for Albuquerque Residential Real Estate, http://activerain.com/blogsview/31268/Great-Year-for-Albuquerque, I wrote that:
Inventory had increased, indicating that homes were staying longer on the market Prices of single family resale homes continued to rise. The Southwest Multiple Listing Service, Inc. in its Fourth Quarter Report, confirms that the Albuquerque residential real estate market is indeed doing comparatively well.
Fourth Quarter 2005 vs Fourth Quarter 2006
According to the report, home sales units decreased by 15% from 3418 units sold in fourth quarter of … (5 comments)
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Eloise Gift, Albuquerque New Mexico Real Estate
Albuquerque,
NM
More about me…
Gift Realty NM
Address: 5547 Timberfalls Road , Albuquerque, NM, 87114
Office Phone: (505) 554-2183
Cell Phone: (505) 363-5156
Email Me
Albuquerque, New Mexico real estate news, views, and information about Greater Albuquerque neighborhoods, real estate market; buying, selling, investing in Albuquerque homes by Eloise Gift, Managing Broker/Owner, Gift Realty NM; information about Northeast Albuquerque, Northwest Albuquerque, Southeast Albuquerque, Southwest Heights, Los Ranchos, North Valley, Placitas, Corrales, Rio Rancho, Los Lunas.
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