Albuquerque Area Market Statistics – The Media vs. The Data
You can’t always take at face value what you hear and read in the media. The media has been bemoaning the “crash” of the real estate market for about three years now, and especially within the past two years. Are they telling you the truth? Yes and no. If national statistics, or worst-case scenarios, are of interest to you, then, yes. But if you are specifically interested in what has happened in the greater Albuquerque area, then, no. That’s because, while our market did indeed suffer from downward turns in the economy in general, and in the financial sector in particular, it did not suffer nearly as much as many others did. Read on to get the facts and real market data. Read more…