NM: Best Two Months in Real Estate Since 2008

New Mexico Real EstateU.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 months were the best they have been since 2008.

In fact, with 506 closings in February, single-family detached sales in the greater Albuquerque market saw an increase of 23 percent from 2011 alone, according to the Greater Albuquerque Association of Realtors.

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Full Story from the Albuquerque Journal

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