Year End Real Estate Sales Numbers For Albuquerque

2007 saw the real estate market in Albuquerque end with a 2% gain in appreciation for December compared to December of 2006 for detached homes in the metro area. This while the number of transactions ended about 20% behind the previous year. The NorthEast Heights fared far better with sales for the year only off 12%.So despite the doom and gloom reported in the National news media Albuquerque has managed to hold on and even push ahead while the real estate market corrects itself to a more normal condition.