I agree with both gabe and cj. Each give great perspective. As an Albuquerque Native with 20 years experience on both New Constructions and Resales I see it as a great opppourtunity for those with an interest in multi unit investing in the Albuquerque area. Looking at trends since 2000 sales have been much more stable and slightly climbing compare to the rest of the country. Add to that UNM and downtown are full of oppourtunity as more people are moving here and going to school here than years before. Laslty have you used trulia's market trends page? - Wed Jun 10 2009, 22:57