If you’ve been out looking for a home, you’re likely not finding much in the ABQ Metro. That’s the case whether you’re in the market for a single family home, a condo, or a town home. Kent Cravens with the Greater Albuquerque Association of Realtors says one reason concerns the city’s economic activity. He says we need real economic development and business growth that brings in new buyers, the decline in new home sales and new home building will continue.
Cravens suspects a lot of homeowners are selling only when they to or swapping homes with family members. He says not as many homes are being built right now.
