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Prices slightly adjust as inventory of homes on market in Albuquerque evens out

Ramon Casaus has had to tweak his usual five-day plan for a new single-family home listing from months ago — but just slightly.

Casaus, the founder and CEO of ROC Real Estate Partners, said Albuquerque’s housing market is starting to correct itself after months of record-low inventory.

The Greater Albuquerque Association of Realtors’ report for September showed a total of 938 detached single-family homes on the market after bringing on 1,236 new listings throughout the month. Both of those figures…

Source: The Business Journal

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