Real estate analytics firm CoreLogic's Home Price Index Forecast projected a 4.8 percent increase in the price of New Mexico homes by January 2019 compared to homes from January 2018. The HPI Forecast uses public record and servicing and securities real-estate databases. Plus it used over 40 years of repeat-sales transactions analyzing home price trends.
New Mexico home prices had already risen 4.3 percent in the previous year. The state's real estate market is considered normal, but we should all take note that as home prices rise, the next generation, millennials, may struggle to make their first entry-level home purchase. Entry-level home supplies around the nation are in too short of supply as home prices grow.
Meanwhile, real estate in Angel Fire, New Mexico is booming. Realtor.com named the village, "America’s Most Affordable Ski Town." Several factors add to the Angel Fire, New Mexico real estate boom:
- Capital improvements to the ski mountain
- Expanded snow-making systems
- Significant road improvements
- Utility upgrades
- New fiber-optic ultra-high-speed internet service
Northern New Mexico Area Real Estate
Do you know someone interested in purchasing a mountain property with acreage? If you or someone you know wants to move to Northern New Mexico, contact Coldwell Banker Headin’ Home Realty for all the best listings and most up-to-date information. They are your Angel Fire area experts.
Their talented, helpful real estate agents in Angel Fire specialize in residential homes, commercial buildings, condos, vacant lots, and ski properties. They'll help you find property with ski in ski out access in the Angel Fire, Eagle Nest, Red River, Mora, Colfax County, Taos, and the Taos Ski Valley areas.
Reach them by telephone at 1-575-377-1192 or by email. Check out online listings from the comfort of your home. View virtual tours of Angel Fire real estate. Don’t forget to find them on Facebook for the latest information on Angel Fire property listings! So, whether you are looking for ski property, land, or a mountain home, they can help make your dream come true!