MORE PEOPLE WERE BUYING HOMES IN THE METRO AREA TO END 2015. JON SCHNOOR IS PRESIDENT OF THE GREATER ALBUQUERQUE ASSOCIATION OF REALTORS. HE TELLS 770 KKOB SALES ARE MUCH HIGHER, BUT WITH LOWER INVENTORY.
SCHNOOR TELLS 770 KKOB SALES WERE UP 23 PERCENT IN DECEMBER…MATCHING NUMBERS NOT SEEN IN 10 YEARS. HE SAYS, USUALLY WHEN SALES ARE UP AND INVENTORY IS LOWER, PRICES RISE. BUT THAT STILL ISN’T HAPPENING IN THE ALBUQUERQUE AREA, WITH THE AVERAGE PRICE DOWN A BIT FROM 2014.
