“Challenging” is a good description of the past three years for residential real estate in metro Albuquerque. After all the challenges, Coldwell Banker Legacy remains the leader, by far. In fact, do some arithmetic on the chart at left and you will find that our performance in 2009 beat the next five competitors combined. The brand, the reputation, and the execution are the reasons.
Whether ...
Since the recession began, Albuquerque has had the best economic performance of the ten largest intermountain metropolitan areas. Albuquerque’s future looks good, too. That’s the assessment from new reports from the Brookings Institution and Forbes.com.
Brookings says, “As of September 2009, only metro Albuquerque reached its pre-recession peak output, having posted no change. This ...
Wednesday is a day that has been circled on more than a few calendars in Rio Rancho.It’s the day that technology giant Hewlett-Packard opens its 218,000-square-foot customer service and technical support center in Rio Rancho’s City Center area.HP officials will join city, county and state officials in welcoming HP to the City of Vision with a ribbon-cutting ceremony at 9 a.m.
Mayor ...
Sales of single family detached homes were up nearly 60% this November over November 2008 for the best November performance since 2006. The 646 homes sold were a 57% jump from a year earlier. Townhouses and condominiums rose 59%, a greater percentage increase than for detached homes. There were 70 townhouses and condominiums sold during November. Sales were down from October as the seasonally ...
Senators agreed Wednesday to extend a popular tax credit for first-time home buyers and to offer a reduced credit to some repeat
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By Stephen Ohlemacher, Associated Press Writer WASHINGTON — Senators agreed Wednesday to extend a popular tax credit for first-time home buyers and to offer a reduced credit to some repeat buyers. The tax credit provides ...
Abq Real Estate Market Continues To Improve
The metro Albuquerque real estate market continued to improve during September.
The 661 single family detached homes sold during the month represented a 9.4% increase as compared to September 2008. September was the second month in 2009 during which sales increased over the previous year. Detached home sales rose 10.2% from August and were ...
The end is near for the economic recession in Albuquerque, according to report by New York City-based Moody's Economy.com released last week.
"The Albuquerque economy will be among the first metro areas to climb out of recession later this year, despite having fallen into recession later than the nation as a whole," says the report by Moody's Alexander Miron.
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Metro home prices have appreciated 34% over the past five years, reports the Federal Housing Finance Agency (www.fhfa.gov). Only about 25 metro areas show greater long term price appreciation than Albuquerque. The figures are from FHFA’s all transactions average home price index.
The metro Albuquerque real estate market continued to improve during September. The 661 single family detached homes sold during the month represented a 9.4% increase as compared to September 2008. That makes September the second month in 2009 during which sales increased over the previous year. Detached home sales rose 10.2% from August and were the second highest of 2009, after only July. Sales ...
Recession Easier To Bear Here The Duke City is ranked 15th among metro areas with populations of 500,000 or more for strongest economic performance during the recession, according to the Washington, D.C-based Brooking Institution's MetroMonitor. Topping the list is San Antonio, Texas. At the other end is Detroit."In a lot of ways, Albuquerque is experiencing ...
