Some More Good News about New Mexico

In spite of the constant alarmist barrage of media reports regarding the downturn in the national real estate market, our local market remains very healthy.  If you're an investor, it's time to look beyond your immediate area and start looking into New Mexico's consistent growth and potential returns.

Let's look at the facts:

"Albuquerque is rated the #1 real estate market for buyers." (HousingPredictor.com, 10/23/07)

"The 'drop' in median home prices from Sept. 2006 to Sept 2007 was only $750, yet the average resale price INCREASED $6,413!" **

"In the past two decades, Albuquerque's slow, steady growth has kept our market healthy without the enormous gains - or losses - seen in other western cities.  The only year our market had a decline was in 1988, a drop of just 2%" **
 
** (AMBR statistics as sited by Albq. Journal 10/28/07)
 
 
Additionally, we've just seen completion of a huge movie studio (Albuquerque Studios:  abqstudios.com) and a second studio just purchased acreage for another new full-service studio between Albuquerque and Santa Fe.  Hollywood is coming to the Albuquerque and Santa Fe areas and although we've seen a slight slow down in our real estate market, we continue to see property values rise and investment opportunities abound.

So what's my point?  Think New Mexico - this little thought of state - as a great place to put your private trust deed or private mortgage investment dollars.

For help locating great investment opportunities, please call me directly:

Brandon Thienes
The Equity Experts (www.TheEquityExperts.com)
505-350-6945

 

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