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navigating the ripiples of the ABQ market
June 2008 Recently, some areas of our community had transactions that were adversely affected by higher loan-to-value ratio requirements imposed by lenders because of falling sales prices. Several areas, identified by zip codes, were labeled "declining areas" and buyers were asked to come up ...
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[photo:listing:1456733:1] Eloise Gift www.EloiseGift.com A Gift for Real Estate The New Mexico Bureau of Business and Economic Research gave its state of New Mexico report yesterday and it wasn’t all bad. Larry Waldman, senior economist at the University, said the New Mexico economy is walking, and not running as it was in 2006. New ...
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Hot off the press! Housing Predictor http://www.housingpredictor.com/top25 in its latest update, places Albuquerque, New Mexico at the top of its list of Hottest 10 Buyers Markets, after a surveying 75 markets nationwide.
According to Housing Predictor, they based their conclusion on Albuquerque's continuing attraction to outside investors ...
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The greater Albuquerque real estate market inventory continues to rise; a clear indication that the market is slowing. Currently over 6,000 residential properties are on sale. The number of new listings is surpassing the number of sales. April, 2006 had 1,869 new listings. April 2007 saw the amount increased to 2,491. At the same time, closed ...
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The real estate resale market activity report for the Greater Albuquerque area remains positive. Both median and average sales prices have moved up a notch. The median sales price is $198,500.00 compared with $189,800.00 in February. The average sales price is $239,311.00, compared with $234, 170.00 in February. Closed sales also ...
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