“New Mexico is still setting record numbers in housing sales, even with a lack of inventory on the rise. May wasn’t as big an increase as this past April, which shows there may be a slowdown coming”, according to Danny Wm. Vigil, NMAR President. The median home sale price is at an all-time high of [...]
With Inventory Shortages Pushing Up Prices, April 2021 Home Sales Hit a Record High “With the pandemic causing a surge in home sales and more new home construction on the rise in 2021, April 2021 home sales hit an all-time high”, according to Danny Wm. Vigil, NMAR President...click here for full release.
ADVISORY: The Boards and Commission Division is reminding New Mexicans of a scam that continues to target licensees. In the scheme, scam artists identify themselves as New Mexico Regulation and Licensing Department staff or investigators and notify the licensee that they are under investigation, that their license may be suspended, or that an arrest warrant [...]
2,315 March sales have been reported to the New Mexico Association of REALTORS (NMAR). “This number brings the 2021 year-to-date sales numbers to 5,714, nearly 400 sales more than year-to-date numbers reported in 2020,” according to Danny Wm. Vigil, NMAR President. “A lack of homes on the market contributes to both..." Click here to read [...]
The NMAR Legal Hotline will be closed from April 19-23, 2021. The NMAR staff cannot answer legal questions for you, but it you do need assistance for another matter or help finding a resource, please contact us at 505-982-2442 or 800-224-2282.
Once again, more sales were reported to the New Mexico Association of REALTORS (NMAR) for February 2021 than in February 2020 continuing the long-running streak of a robust real estate market in New Mexico, despite COVID-19 “1,718 sales were reported for this February,” according to Danny Wm Vigil, 2021 NMAR President. “This brings the 2021 [...]