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October 10, 2008
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Market Conditions: Roswell, New Mexico

Our friend Bill Davis is reporting that Roswell, as the hub city for Southeastern New Mexico, enjoys a diversified economic base, good hospitals and medical services, solid infrastructure, and strong educational programs with a satellite of Eastern New Mexico University.

In addition, Roswell boasts one of the longest airport runways in the United States, and is developing new businesses based around the airport.

Roswell has always enjoyed a strong oil and gas economy as well as a hardy agricultural economy. Roswell's growth has been slow and steady for many years, and in the past 3 years Roswell has been discovered by outside investors and retirees looking for great weather a low cost of living, and many cultural events.

Since Roswell did not go through the same real estate chaos that many national markets experienced, it has not experienced any sharp down turns either.

Because the future growth looks strong in Roswell, all indications seem to be that there has never been a better time to invest in real estate in Roswell than right now.

And one of Roswell's best kept secrets is that it sits on one of the largest replenishing water basins in the entire Western United States, and investors all know how valuable that will be for future growth and development. All in all, Bill says the future is looking very bright for Roswell .

For more information on this area, contact Bill Davis at:
billdavis-roswellrealestate.com.

Published: May 21, 2008

Use of this article without permission is a violation of federal copyright laws.










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Mortgage Rates
30 Year Fixed: 5.94%
15 Year Fixed: 5.63%
1 Year Adj: 5.15%
(U.S. Weekly Averages)

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