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Registered
Join Date: Jun 2004
Location: Rio Rancho, New Mexico
Posts: 1,325
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Motion,
The Rio Rancho real estate market has been good. Nothing like Southern California.
According to a couple realtor's I know, their business is great. Homes not sitting on the market too long.
This area is running behind the national market so I expect any downturn to run behind as well.
Building is still red hot.
The typical home still runs $100-$150 a square foot. Nicer homes $150-$200 a square foot. Luxury homes $200 sq/ft up.
We are probably half the Southern California market.
Schools are over crowded as usual here.
Traffic not even close to So. Cal.
Blue skies, hardly any smog.
Low humidity, makes summer comfortable.
Winter is normally cold, not this year however.
No earthquakes.
Manana kind of culture. Not go-go at all.
Active PCA with a nice 1.66 mile track on the edge of town.
Great for retired and professionals, tougher for the less educated.
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DOUG
'76 911S 2.7, webers, solex cams, JE pistons, '74 exhaust, 23 & 28 torsion bars, 930 calipers & rotors, Hoosiers on 8's & 9's.
'85 911 Carrera, stock, just painted, Orient Red
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