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Albuquerque

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Kirsten M.
Pro Member
  • Realtor
  • Albuquerque, NM
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121
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Albuquerque Market - Why are prices increasing?

Kirsten M.
Pro Member
  • Realtor
  • Albuquerque, NM
Posted Sep 16 2019, 16:24

I've been investing in the Albuquerque area for almost 3 years. In the last year, I've noticed that home prices are increasing more rapidly. While this isn't going to deter me from investing, I'd like to know if I need to change my investing strategy.

I live abroad most of the year and therefore, have not made an effort to attend any meetups. I read the local news and I talk to friends in the area about the happenings there. I know there are some big things happening in ABQ and surrounding areas - Netflix, Facebook, Intel, New Mexico United, etc. But what is driving the market higher?

Any thoughts would be apprecited. 

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