NATIONALLY, HOME SALES FELL IN JANUARY COMPARED TO A YEAR AGO…PARTLY DUE TO A LACK OF HOMES ON THE MARKET. WHAT ABOUT HERE IN ALBUQUERQUE? KENT CRAVENS, THE HEAD OF THE GREATER ALBUQUERQUE ASSOCIATION OF REALTORS, SAYS IT’S TRUE INVENTORY IS WAY DOWN WITH ONLY A THREE MONTH SUPPLY CURRENTLY IN THE MARKET.
CRAVENS SAYS CLOSED SALES IN JANUARY WERE UP ALMOST EIGHT PERCENT IN ALBULQUERQUE. AND THE FIGURES STATEWIDE WERE EVEN MORE IMPRESSIVE. THE REALTORS ASSOCIATION OF NEW MEXICO SAYS SALES WERE UP 15 PERCENT COMPARED TO A YEAR AGO.
