Hi Robert, thank you so much for your response. Santa Fe definitely did feel like two different markets. I lived by Canyon Road and the Plaza, which was beautiful (and not cheap) and initially, that was the only place I wanted to live, but now I don't think I would have an issue living further south. Your perspective on the ABQ market was helpful. Since I'm in the beginning stages of looking for investment properties, I was just wondering why I never hear anything about ABQ, and I'm guessing, as you said that it's just not considered a hot market as far as potential returns go. For a sheer investment property, I'm sure it would be wiser to look elsewhere but because I'd like to live there at some point, or at least have property there, I will continue to keep my eyes open. I will look into the Rio Rancho area as well. Do you live in New Mexico?
