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Showing posts from August, 2005

NEWS TODAY - COMPARING MARKETS

Saw this on our local news today - still looking for the source of the story, but very interesting! IF YOU ARE LOOKING TO BUY A HOME IN NEW MEXICO A NEW SURVEY SUGGESTS THAT SANTA FE MAY NOT BE THE BEST PLACE TO LOOK. THE NATIONAL CITY CORPORATION STUDIED 299 HOUSING MARKETS IN THE U-S. IT FOUND HOMES IN THE CITY DIFFERENT, ARE 'OVERVALUED' BY 22 PERCENT. IT'S 12 PERCENT IN FARMINGTON. BUT THE SURVEY BELIEVES DEALS CAN STILL BE FOUND IN ALBUQUERQUE, WHICH IT FOUND TO BE UNDERPRICED BY 3 PERCENT. IN LAS CRUCES, HOMES WERE FOUND TO BE UNDERVALUED, BUT ONLY BY ONE PERCENT.