HOME SALES ACROSS THE U-S FELL ALMOST TWO PERCENT IN JUNE ACCORDING TO THE NATIONAL ASSOCIATION OF REALTORS. SO WHAT’S HAPPENING IN ALBUQUERQUE? DON MARTINDELL, THE PRESIDENT OF THE GREATER ALBUQUERQUE ASSOCIATION OF REALTORS, SAYS PENDING SALES ARE UP IN THE METRO AREA YEAR-TO-DATE. HE SAYS PENDING SALES IN 2016 WERE ABOUT 1-THOUSAND-44. MARTINDELL SAYS THE AREA IS NOW UP TO 12-THOUSAND-83.
THE RECENT DROP IN HOME SALES NATIONWIDE IS BEING BLAMED ON RISING PRICES AND A DECREASE IN THE NUMBER OF PROPERTIES FOR SALE.