News that impacts or covers our market

July 2022

Inflation

 

Rents

001

Ignore Inflation Hysteria - Forbes

 

027

Rent Growth - ABQ  up 22% (KRQE)

002

Bow Tie Economist - historic downturn summary 6/16/2022

 

028

Demand from traveling nurses

003

Bow Tie Economist - decreasing housing inventory 6/7/2022

 

029

Guardian - Rent growth in US markets up 40%

004

Economist - should we be on Recession Watch?

 

030

KRQE News - Will ABQ rents continue to rise?

005

Economist - Take on Housing prices

 

031

Globe Street - Sunbelt sees continued rent growth in

Supply/Demand

 

032

Bow tie Economist on why rents will continue to grow as interest rates increases

006

GAAR GREAT event - ABQ is in its 5th housing shortage

 

032

ABQ - 19 residents for every apartment (Denver Post)

007

Article in Western Real Estate Journal– NMs MF heats up

 

033

Pinon Post - rents rising 21%  (NM is one of the fastest in country)

008

Suggestions for solutions instead of O-2022-16 to increase housing supply

 

034

Most renters are renewing leases - Biz Journals

 

 

035

Market Shift fuels rental demand (Arbor)

Financing

 

036

CoreLogic - April jump in rent due to job growth and lack of inventory

009

Globe Street - are rising interest rates holding down deals?

 

New Employment

010

Globe Street - Negative leverage may be the new normal

 

037

ABQ Journal - ABQ #1 for Film

011

Bowtie Economist - (New) housing hit by rate increases

 

038

Spaceport NM has another launch

Market Updates

 

039

Max Q Project lands another tenant

012

ABQ house prices reach new high

 

040

Netflix pull building permit in ABQ Studios Campus

013

Single family continues to appreciate - Forbes

 

041

Netflix campus to open in 2024

014

Nearby: Scottsdale sees 356 unit sale at $543,539 per unit

 

042

Inside NM's Thriving innovation economy

015

Multifamily shows no signs of slowing - Real Page

 

043

Los Lunas lands 1,000 new jobs

016

Single Family prices up - 4/21/2022 - Bowtie Economist

 

044

Intel adds new jobs in Rio Rancho/ABQ Area

International News

 

New Construction

017

Inflation Geopolitical conflict makes CRE look better than ever - Globe Street

 

045

Taos approves 100 new units - include renovated Taos Sun God - KRQE News

018

NAR Global Ambassadors support efforts in Ukraine

 

045

Allaso Vineyards announces 111 new units

Solutions

 

046

Pah! Apartments GAHP builds for ASL

019

An organized and pre approved Accessory dwelling ordinance could  provide immediate relief (Portland has the path)

 

047

Luminaria Apartments for seniors grand opening

020

Globe street - 40% of development cost are regulations

 

048

International District Mixed Use

Lifestyle

 

049

Rio Rancho Inn converted to apartments

021

Outside Magazine - ABQ nominated as great place to bike

 

050

New Units in Village of Los Ranchos

Other

 

051

Santa Fe new units near airport

022

FCC Changing Rules for internet access in apartments

 

052

ShooFly apartments in Santa Fe

023

KRQE Podcast on what is happening downtown

 

053

Sawmill (ABQ) adds new units

024

Harvard releases 2022 Housing report

 

 

 

025

ABQ Ordinance on prohibiting income discrimination passes

 

 

 

026

Multifamily update - Freddie Mac