Category 'New Mexico'

Even Cheap Houses for Sale Are Staying Longer in the Market

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Based on the latest RE/MAX, the average time homes, including cheap houses for sale, are staying on the market has increased to 103 days for the month of February. This is actually the longest time since the said firm tracked such activity and even exceeds the 100-day average stay recorded last February 2009.

Inventory of New Mexico Foreclosure Homes, Greatly Reduced

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Despite national increase in foreclosures activity, New Mexico still enjoys a stable housing market. In fact, the number of foreclosure filings in the state for the month of July only reached 147, down by almost 25 percent last year. More noticeable is the reducing inventory of New Mexico foreclosure homes – clearly indicating that the [...]