Albuquerque & Rio Rancho NM Housing Market Is Bouncing Back
Albuquerque & Rio Rancho NM housing market is bouncing back and we are seeing home buyers getting off the wait and see fence and on the road looking for their dream home.
Record foreclosures and a high number of homes for sale in 2011 were good for buyers and investors but bad for NM real estate in general. The market is changing quickly since the beginning of 2012 the number of homes on the market have greatly decreased and good news that more people are buying homes in Albuquerque and Rio Rancho. The supply and demand of homes for sale in Albuquerque, RIo Rancho and Central NM is lower than it's been in a long time, a very positive movement for the real estate market.
Albuquerque, Rio Rancho and Central NM home Foreclosures are expected to continue on the decline during 2012 and with historically low interest rates, buyers now is the time to find great deals in the Albuquerque and Rio Rancho real estate market. Don’t snooze and loose while the Albuquerque & Rio Rancho NM housing market is bouncing back!
If you’re considering the purchase of an Albuquerque, Rio Rancho or Central NM home contact me, John McCormack, Realtor® withAlbuquerque Homes Realty. I am ready to exceed your real estate expectations!
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