FEWER SIGNS OF DISTRESS IN ALBUQUERQUE'S HOUSING MARKET. A REPORT FROM THE MORTGAGE BANKERS ASSOCIATION SHOWS FEWER HOMES WERE IN THE FORECLOSURE PROCESS DURING THE FIRST QUARTER OF THIS YEAR. THE REPORT SAYS 9-POINT-2 PERCENT OF HOMES IN THE STATE WERE DELINQUENT ON MORTGAGE PAYMENTS DURING AT THAT TIME … COMPARED TO 9-POINT-7 PERCENT FOR THE SAME QUARTER LAST YEAR.
AN AVERAGE 10-POINT-3 PERCENT OF HOMES ACROSS THE NATION WERE DELINQUENT OR IN THE FORECLOSURE PROCESS IN THE FIRST THREE MONTHS OF THIS YEAR.
