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November 21, 2008
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  CONDITIONS™
By Local Real Estate Experts  

These agents are in the field every day. Who knows the local housing market better than the people who work it on a regular basis? Click on the "MORE" link after each summary to find out more about each agent and their opinion of the Real Estate market for this community. Agents, click here to share your opinions of this market.

Top > New Mexico > Albuquerque > High Desert


Market Conditions Summary for High Desert in Albuquerque, New Mexico


Reported by

Judy Pierson
as of 11/16/2008:
The number of listings is still right at 59 and the number that closed in October was 3 while 1 went under contract so very little activity for October. The sales were in the range of $400,000 to $750,000. We have a gorgeous home of 2400 s.f. with... MORE->
About Judy Pierson

Reported by

Keith and Gina MacRae
as of 11/15/2008:
October results are just in and the Greater Albuquerque Area continues to see market conditions that favor home buyers. As the holidays approach, a further seasonal slowdown in real estate is expected and the signs of that are starting to... MORE->
About Keith and Gina MacRae

Reported by

Larry and Judy Salas
as of 11/2/2008:
As of today November 2, 2008 Realty Times reports that the average interest rate nationally for a 30 year fixed interest rate loan is 6.46% compared to last month's 6.09%. During the first ten months of 2008, forty nine homes closed in High Desert... MORE->
About Larry and Judy Salas


Average Current Market Rating: 2.7    (3 ratings)




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Buyer's Market

Seller's Market

Average Current Price Trend: 3    (3 ratings)




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Falling

Rising

Navigate: Top > New Mexico > Albuquerque > High Desert


Note: A strong Buyer's Market does not necessarily mean that it is not a good time to sell your home. Likewise, a strong Seller's Market does not necessarily mean it is a bad time to buy a home. We suggest contacting one of the Real Estate Professionals on this page for advice.

These reports reflect the views and opinions of their authors and are not necessarily the views and opinions of Realty Times.




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Mortgage Rates
30 Year Fixed: 6.04%
15 Year Fixed: 5.73%
1 Year Adj: 5.29%
(U.S. Weekly Averages)

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