The next round of market reports is out! There's been a slight decrease in interest rates for 30 year fixed mortgages, keeping New Mexico in good standing below the national average. There is still a low amount of inventory, which means deals are happening quickly right now. Over the last week, there have been a total of 84 closings, which is a significant increase in comparison to the last market report. This report highlights the fast-paced market that both buyers and sellers are working with right now. We do not foresee an increase in inventory between now and the next market report, so if you're interested in buying or selling give us a call and we'd be happy to work with you!