Contact Jean Chavez via phone at: 505-620-5326, email: Jean@TheChavezTeam.com, website: http://www.thechavezteam.com/ or at the REMAX Elite office: 8300 Carmel Ave. NE Ste. 201, Albuquerque, NM 87122
Jean Chavez
CRS, CDPE, e-Pro, REALTOR®
O: 505-798-1000
M: 505-620-5326
Local Market Trends
The secret of Albuquerque is out due in a large part to recent articles on the quality of life in financial magazines. Kiplingers Magazine has noted that Albuquerque is the third best city in the country to live. Forbes Magazine has rated Albuquerque as the best city for business and careers.
The Albuquerque market has cooled off a bit in the last year. Homes are selling on the average of 60-120 days on the market. Albuquerque's home prices are still below the national average and considered quite affordable. Albuquerque is not only a great place to live but also a great place to invest.
The northeast heights is Albuquerque's most popular and one of it's more pricey areas due to its easy accessibility to shopping and restaurants and its proximity to UNM, Kirtland AFB and Sandia Labs. Corrales offers fruit trees, cottonwood trees, horses and a slower pace. This unique historic village has older adobe homes along side contemporary homes on predominately one-half to one acre lots.
Placitas, with its gorgeous views, rolling terrain and natural high desert vegetation is located about 45 minutes south of Santa Fe via I-25.
Rio Rancho is one of the fastest growing cities in the nation. With the construction of a major shopping center and a new arena in what will be a master planned city center, Rio Rancho is well prepared for its phenomenal growth. Moderately priced homes and good schools make this a popular destination for families and retirees.
Northwest Albuquerque has newer homes with open floor plans, nice sized yards and lower prices.
Wherever one decides to live, the mild climate, laid back life style, cultural activities and friendly people make Albuquerque a wonderful place to build a life.