Rio Rancho is a Destination
The real estate market continues to be hot in Rio Rancho and Albuquerque even with interest rates exceeding 5% in April for the first time since 2011. The higher interest rates will create more housing inventory for prospective buyers, but will reduce the amount of...
Business Sense: The Trend Toward Solopreneurship
As home-based business ownership continues to trend upward in the U.S., Rio Rancho is certainly keeping pace. In fact, over 70 percent of the business registrations in Rio Rancho are for home-based businesses. This trend toward “solopreneurship” is driven by a number...
June/July Business Calendar of Events
Rio Rancho Real Estate Market Leading the Way
According to the Greater Albuquerque Association of Realtors data both Rio Rancho and Albuquerque real estate markets are experiencing unprecedented growth during the 4th quarter. Rio Rancho sales price for a single- family home was $332,977 which was almost a 17% increase. Albuquerque had an average sales price of $348,912 which was a sales price increase of almost 13%. The number of houses sold in Rio Rancho during the 4th quarter has fallen from 670 in 2020 to 589 in 2021. This is driven by a decrease in new listings from 619 in 2020 to 531 in 2021. During the same period, Albuquerque had...
SANDOVAL COUNTY RECEIVES FY2021 AUDIT AND ACCOUNTABILITY AWARD FROM THE NEW MEXICO COUNTIES AND STATE AUDITOR’S OFFICE
Runners’ Fall to Bombers, Both Have One this Season
Amarillo, TX - New Mexico has been having a season of excitement and one that's been what many would call fantastic. The Runners came into Amarillo with an undefeated record which was the best start in franchise history. The matchup between Amarillo and New Mexico...
Applications for Best Local Brands Contest Open to Albuquerque Businesses
More than $6,000 in advertising to be awarded to winners ALBUQUERQUE, NM –– Applications for the Annual Albuquerque’s Best Local Brand Award Contest are now being accepted by EXHIB-IT! The top winner of each category (Commercial and Nonprofit) will receive a total...
