Rio Rancho is a Destination
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...

Rio Rancho Real Estate Market Leading the Way
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...