October Home Sales Outpace Previous Year and Month

“A 9% increase in closed sales from September, 2011 is interesting,” said Peter Parnegg, President of the Greater Albuquerque Association of REALTORS®, “considering that traditionally the Albuquerque market sees a downward trend in numbers of homes sold from September to December of each year.”  “While inventory continues to go down, homes going under contract remain steady,” continued Parnegg, “showing that buyers are still in the market and we are regaining stability.”

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