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"From what I see, the housing inventory is WAY up and it should be an opportune time to get purchase a place that I like for the right price... "
I know what you mean. I am house hunting right now as well and I have noticed that in the area I am looking at (the NE) the housing inventory has gone way up over the past couple months. I have you get a good deal on a lovely home!
The only place I would live in Albuquerque would be the Northeast Heights South of Paseo Del Norte, North of Lomas, and East of Wyoming. Period.
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