Ruidoso is one of the prettiest New Mexico mountain towns with 20% of the village’s perimeter snuggled against the 1.1 million-acre Lincoln National Forest. Residents here enjoy quick-strike access to village lakes and parks, ponderosa and aspen forests, and serious mountain-grade hiking and biking.
Are real estate prices dropping in Mexico?
The median home price in Mexico was 881,000 pesos ($44,000) as of June, according to a report by Sociedad Hipotecaria Federal, a government financial agency. Home prices are up 8% from last year.
Is real estate going up in New Mexico?
On Realtor.com, the median listing home price in Albuquerque, NM was $324K in April 2022, trending up 15.7% year-over-year.
Is buying a house in New Mexico a good investment?
As New Mexico’s economic and business hub, it’s a desirable location for investors. The cost of living is low and the real estate prices are affordable.