looking for homes in albuquerque: Good News From Albuquerque!
- 04/21/09 03:30 AM
Tulips are not the only things blooming in Albuquerque . The Albuquerque Housing Market never experienced the severe home price depreciation that some areas of the country did. And although we do have some foreclosures and short sales, these properties do not dominate our market. We have homes that are priced to sell and lenders have money. It is still a "buyer's market" with an absorption rate of about 9 months but days on market are getting shorter. Smart home buyers have positioned themselves and are poised for purchase. Here's a snapshot for March from the Greater Albuquerque Association of Realtors: (2 comments)