This is of course a speculative article, but heck, we’ll cheer the good news about our city.
Albuquerque has always been an area that seems to avoid the ridiculous appreciation and therefore the huge drops in value. However, even Albuquerque has had areas that have seen large uncharacteristic drops in value. The good news is that the research done by Local Market Monitor, as referenced in the linked article, indicates our city may be at the forefront of future appreciation. We’re not talking large percentages here, but any positive growth in value would be encouraging.