Saturday, January 17, 2009

ABQ - The Best Place to Invest

At our CBL conference this week, we had the pleasure of hearing an update from Gary Tonjes who directs the ABQ Economic Development Corporation. Although some things he predicted for 2008 did not pan out, many others did. Here is a summary of his points:
· For five years in a row, Forbes ranked ABQ one of the US's Top Cities.
· New York Times ranks it tops also based in part on a growing economy and low unemployment plus personal income growth.
· Kipplinger rates us #1 as a Safe Haven for Real Estate in a medium sized metro market.
· Ranked 5th for Best Place to Build Wealth.
· #1 State for Manufacturing Momentum
· #10 Cybercity
· Fastest growing city of solar companies
In short, there's no better place to be! Or to invest, I might add.

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2 Comments:

At January 21, 2009 at 6:37 AM , Anonymous Anonymous said...

despite all the optimistic reports don't you think that prices are going to go down a lot in the short run due to the current supply demand in albuquerque?

 
At January 21, 2009 at 10:45 AM , Blogger Judy Pierson, Coldwell Banker Legacy said...

I wish I had a crysal ball. I think sales will be slow this year like last year and that prices may go down 6% or so.

 

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