November 24, 2008

Housing Market in Albuquerque or New Mexico?

santa fe new mexico
UbermanK9 asked:


Hi, i’ve always been fascinated with New Mexico because i’ve heard it is a beautiful place. i’m just wondering what the current housing market is like in Albuquerque or Santa Fe, would you recommend me buying a house there?

Plus, I heard Albuquerque and Santa Fe are good markets for New technologies such as nanotechnologies. Besides, what’s there to do in these places?

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November 27, 2008

chorokee @ 4:51 pm

I’d recommend it. Of course, I’m bias because it’s my home. Even though, I’ve grown up in Albuquerque, I like Santa Fe better. The houses in Santa Fe are much more though. That’s in general of course. If you’re in the technology sector, there’s a lot of jobs in science and math. You’ve got 2 national labs in NM … if you live in Santa Fe.. there’s people that go to Los Alamos labs, and there’s the Sandia Labs. Over in Sandia Labs we have a lot of nuclear warheads .. around 2,000+ and they develop nuclear things at Los Alamos Labs. The Airforce Base also experiment with a lot of techology and weaponry. Then there’s Intel and some other technologies plants around Albuquerque. Other than that, NM has a highly diversified mix of cultures. Well, the 3 are native american traditional stuff, old hispanic things starting from like 1598 or something and of course American history.

Houses in Albuquerque are lot cheaper than those in California and other places. If you could afford it though, I suggest somewhere with lot of land, but now is where you can get deals for a lot of land for relatively cheap.