Albuquerque continues to struggle with the effects of the housing bust, and some homeowners may never see full relief.
Business First spoke this week with Zillow senior economist Skylar Olsen about Albuquerque’s housing market. She had some good news to share, including that Zillow forecasts home values will finally see a big jump in the metro area, around 3.1 percent this year.
But the number of people with underwater mortgages will continue to impact the housing market.
Nationally, the negative… …read more
From:: biz journal foreclosures