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Updated about 5 years ago,
Albuquerque Market - Why are prices increasing?
I've been investing in the Albuquerque area for almost 3 years. In the last year, I've noticed that home prices are increasing more rapidly. While this isn't going to deter me from investing, I'd like to know if I need to change my investing strategy.
I live abroad most of the year and therefore, have not made an effort to attend any meetups. I read the local news and I talk to friends in the area about the happenings there. I know there are some big things happening in ABQ and surrounding areas - Netflix, Facebook, Intel, New Mexico United, etc. But what is driving the market higher?
Any thoughts would be apprecited.