THE GREATER ALBUQUERQUE ASSOCIATION OF REALTORS SAYS THE LOCAL HOUSING MARKET IS GETTING HEALTHIER. THE AVERAGE SALES PRICE FOR HOMES IN 2007 … THE LAST BIG YEAR FOR ALBUQUERQUE REAL ESTATE … WAS 261-THOUSAND DOLLARS. THE ASSOCIATION PRESIDENT SAYS IT WAS 226-THOUSAND JUST LAST MONTH … THE BEST MONTH SINCE 2007.
BUT PAUL WILSON TELLS US WE’RE NOT SO MUCH REBOUNDING, AS RESETTING OUR HOUSING MARKET TO START OVER. WILSON SAYS THE “SLOW CLIMB” IS BETTER FOR THE ECONOMY BECAUSE IT DOESN’T HAVE THE BIG UPS AND DOWNS IN HOME VALUES.
