You know, they’ve sold their home, say for California, and they’ve sold that property for you know, eight or $900,000.
The New Mexico realtor’s association says the average home price here in Albuquerque was $336,000 in 2021, a 17% jump from the year before.
“The issue we have with building houses is the cost of building a house right now.
“The real estate market is always cyclical.