New Mexcio Real Estate Roller Coaster Ride

The declines were greatest in the cities of Albuquerque and Rio Rancho. In the Duke City, 223 permits were issued in March compared with 524 in March 2006. For Rio Rancho, just 124 permits were obtained this March compared to 336 a year ago.

New home permits plunge by more than 50 percent – New Mexico Business Weekly.

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