IF YOU’RE IN THE MARKET FOR A HOME, THERE’S STILL NOT MUCH TO SEE IN THE ALBUQUERQUE METRO. BUT KENT CRAVENS WITH THE GREATER ALBUQUERQUE ASSOCIATION OF REALTORS SAYS JUNE SAW MORE STRONG GAINS IN HOME SALES … DESPITE INVENTORY BEING LOW AND PRICES INCHING UPWARD. HE SAYS THAT’S GOOD FOR SELLERS.
CRAVENS TELLS US MOST BUYERS SHY AWAY FROM ANY HOME THAT COST MORE THAN 350-THOUSAND DOLLARS. AND HE SAYS INVENTORY CONTINUES TO TREND DOWNWARD.
AREAS SEEING THE MOST BUYERS NOW ARE ALBUQUERQUE’S NORTHEAST HEIGHTS AND RIO RANCHO, WITH LOS LUNAS NOW SEEING MORE SALES ACTIVITY.
