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Today's Clovis News Journal leads off with an article on Clovis housing with the headline "Stats show Clovis avoiding housing slump." The average Clovis home price in 2007 was $119,568 and the average price in the first quarter of 2008 was $130,746, a percentage change of +9.3.
This information comes from numbers released on Tuesday by the Realtors Association of New Mexico. Statewide, the average home price increased by 2% in the same time period, from $190,247 to $194,114. You can read the complete article online. ~clairz |
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If the place did not have a speculative boom, then it can avoid the bust. Those sound like reasonable house prices. Didn't you mention getting an old house for a real bargain price?
Clairz - you sound really pleased with NM in general and Clovis in particular. What do you or your DH do for work? Pleased you got the clevis pun. |
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Quote:
We have been big New Mexico fans since living in Las Cruces for a year in the 90s; we'll probably end up back there when my husband retires. He manages an industrial supply business and I am newly retired from teaching in New Hampshire. You're right, we did buy a house for a reasonable price. As a matter of fact, we bought two; one very lovely 20 year old brick house for 172K and one older home to rent out to a family member for 56K. As you and I both know, we'll never see those kind of prices in New Hampshire! That's why this is such a great place for us Yanks to retire--that plus the weather and the scenery and the nice relaxed pace of life here. ~clairz |
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I'm already convinced. Now all I have to do is get my better half to agree.
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