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All real estate is local

February 26th, 2008 Leave a comment Go to comments

Once again, January figures show sales down all over the country. But, Albuquerque and Rio Rancho continue to defy the national statistics. Yes, this market is slower but it remains far more stable than others. I’m still assuming we will dodge the worst of the problems. And that most of what hits us will be due to the national psychology more than local conditions.

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