Unemployment woes continue to hit Albuquerque

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Real Estate Agent 16784

 

Unemployment woes continue to hit Albuquerque


 

The recent story reported by KOB TV 4 Albuquerque painted a very disturbing picture for New Mexico.  Albuquerque Metro lost 3900 jobs between November 2011 and November 2012. 

As if that wasn’t enough, “United Van Lines published its annual national "migration" study Tuesday, listing New Mexico as one of the top five states for people moving away. It's the only western state on the list that includes New Jersey, Illinois, West Virginia, and New York. United said 58 percent of its New Mexico moves are people moving away from the state. 42 percent are people moving in."

 

Thinking about buying a home in Albuquerque? You can get information about Homes Available for Sale in Albuquerque, NM click the above link, call or text me at (505) 750-8550

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C. Lloyd McKenzie, MBA

NM Real Estate Broker

Phone: (505)750-8552
Email:Lloyd@LivingAlbuquerque.com

Areas Served: Albuquerque Metro/ Algodones/ Bernalillo/ Cedar Crest/ Corrales/ Edgewood/ Los Lunas/ Los Ranchos de Albuquerque/ Placitas/ Rio Rancho/ Sandia Park/ Tijeras

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Rainmaker
660,321
Pete Xavier with AffordablePlan.org
Investments to Luxury - Pacific Palisades, CA
Outstanding Agent Referrals-Nationwide
C. Lloyd, ouch, hope things start picking up soon, real soon.
Feb 03, 2013 03:54 PM #1
Rainmaker
564,542
Jordon Wheeler
The Jordon Wheeler Group - Fairburn, GA
J W Group Real Estate Sales and Service

Hey C. Lloyd,

Nothing worse than bad news to try to ruin your business outlook.  Metro Atlanta is experiencing employment growth according to recent announcements.  Best of success to you as you continue to focus on your business!

Feb 03, 2013 03:59 PM #2
Rainmaker
2,125,788
Joe Petrowsky
Mortgage Consultant, Right Trac Financial Group, Inc. NMLS # 2709 - Manchester, CT
Your Mortgage Consultant for Life

These unemployment levels will continue hurt our economy. These tax increases are not going to help the numbers going forward.

Feb 03, 2013 06:06 PM #3
Rainmaker
1,396,555
Yolanda Cordova-Gilbert
Sitterle Homes - Richmond, TX
Sitterle Homes

C Lloyd,

     That is not a good sign for New Mexico but may make the state attractive for retirees; ABQ was listed as a top place to live for retirees

Feb 04, 2013 10:41 AM #4
Rainmaker
1,396,555
Yolanda Cordova-Gilbert
Sitterle Homes - Richmond, TX
Sitterle Homes

C Lloyd,

 PS I received your e-mail, if you read today's blog you will understand why I did not repsond but plan to tomorrow! Thanks!

Feb 04, 2013 10:48 AM #5
Rainmaker
712,039
Wayne Johnson
Coldwell Banker D'Ann Harper REALTORS® - San Antonio, TX
San Antonio REALTOR, San Antonio Homes For Sale
C Lloyd-unemployment numbers are leading indicators for real estate activities. Rising unemployment rates usually means softening real estate-people loosing jobs, and probably outward migration.
Feb 05, 2013 08:39 AM #6
Rainmaker
508,585
C. Lloyd McKenzie
Albuquerque, NM
Living Albuquerque

Excellent Comments.  Thank you to all Have a great week!

Feb 05, 2013 03:05 PM #7
Rainmaker
508,585
C. Lloyd McKenzie
Albuquerque, NM
Living Albuquerque

Thank you Yolanda...I have three days to go and hopefully I will make it in on time

Feb 05, 2013 03:07 PM #8
Ambassador
1,623,810
Jennifer Fivelsdal
JFIVE Home Realty LLC | 845-758-6842|162 Deer Run Rd Red Hook NY 12571 - Rhinebeck, NY
Mid Hudson Valley real estate connection

Lloyd I am also in an area where the migration south is happening.  Besides job many mention high taxes as a reason for the trend.

Here is hoping the migration trend in Albuquerque will slow.

Feb 07, 2013 11:08 PM #9
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Rainmaker
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C. Lloyd McKenzie

Living Albuquerque
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