Special offer

Hottest 10 Buyers Markets

By
Mortgage and Lending with DIVINE MORTGAGE, LLC

Albuquerque, New Mexico is Housing Predictor's selection for the #1 spot on the Top 10 List. Albuquerque is growing like never before, attracting the movie business from Hollywood, a new airplane factory and many other new businesses, like Schott (Solar Power) and Fidelity Investments.

The median price for a home in Albuquerque is $194,000. The 2007 appreciation for homes in Albuquerque was 9.1%.

The selection is based on surveys conducted on 75 market conditions, sales velocity, pricing and 20 other factors.

Five Texas markets are included on the list, including McAllen, which placed 2nd. In early 2006 Housing Predictor forecasted the current boom in Texas.

Salt Lake City Utah placed third.

for more information on the Hottest 10 Buyers Markets, go to http://www.housingpredictor.com/hottest.html

 For more information on Albuquerque Real Estate Financing, go to www.HomeLoansAlbuquerque.com

Shannon Jones
The Shannon Jones Team - Long Beach, CA
Long Beach CA Real Estate
What can you buy for $194,000? How much would it typically rent for?
Feb 07, 2008 09:23 AM
Joan Whitebook
BHG The Masiello Group - Nashua, NH
Consumer Focused Real Estate Services
I love Albuquerque.  I haven't been there for many years, but I enjoyed my time there.  I am not surprised to find it is a hot market -- I have often considered retiring there one day.
Feb 07, 2008 09:51 AM
Anonymous
Melinda Potcher

Shannon~

 

you can buy homes!  i have a client buying a cute older home right now in the heights for $135k, and it will probably rent for $850 to $900.

Feb 07, 2008 09:54 AM
#3