USA: Mountain State Housing Markets ImprovingApr 7th, 2012
Residential housing in the mountain states of Colorado, Utah and New Mexico is looking stronger than many others, but that's partly because the comeback hasn't been as steep.
Simply put, homes in the region didn't appreciate in value over the last decade as much as in the coastal regions, Arizona or Nevada. What didn't go up much before the bubble... read_more New Mexico Posts Best Two Months in Real Estate Since 2008Mar 22nd, 2012
U.S. home sales are gradually coming back, including in New Mexico. A mild winter and a stronger job market have helped boost sales ahead of the crucial spring buying season.
The past two months made up the best winter for sales nationally of previously occupied homes in five years, when the housing crisis began. In New Mexico, sales the last two... read_more New Mexico Home Sales Increased 13% in JanuaryFeb 22nd, 2012Home prices continued to slide in January, but there was a 13.22 percent increase in closed sales to 411 for single family homes, according to the Greater Albuquerque Association of Realtors' January report. Sales volume dropped 9.45 percent to nearly $80 million.
"Consumers are buying in price ranges that are extremely affordable," said Marc Guggino, president of GAAR. "People look at... read_more
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