Albuquerque appears to be pulling out of housing slump

some good news on the housing market. local experts say albuquerque is coming out of a dismal hou...  More »

some good news on the housing market. local experts say albuquerque is coming out of a dismal housing slump-- and that means big savings for buyers. our kayla anderson caught up with some housing experts at the start of this year's homes of enchantment parade. she's here now with what they had to say. kayla? there's no doubt about it-- it's a scary time to buy house-- or put one on the market. but experts say you need to put that fear aside-- and buck up-- because now's the time to save some big bucks of your own. in the last six months the albuquerque real estate market hit a growth spurt. the boom is thanks in large part to big perks for homebuyers. call it a local stimulus package on steroids-- impact fees cut dramatically, in some cases by 50- even 100 percent. and on that the obama federal stimulus money for first time homebuyers. 8-thousand bucks. mortgage brokers are slammed with applications. home buyers are saving big bucks... builders are slowly getting back in business... and there doesn't appear to be any slow down in sight. the parade of homes continues tomorrow -- then picks up again october 16th through the 18th -- from 11 a-m to five... and then on the 23th through 25th -- also from 11 to five.  « Less