Albuquerque is the county seat of Bernalillo County in the state of New Mexico. It is the most populous city in the state, it is located in the north central part of the state. The city has a rich history and culture, and naturally beautiful metropolitan area. It has always attracted visitors with its many art galleries and museums, the Old Town of Albuquerque, and historic Native American sites all around the region. The city's close proximity to outdoor recreation like hiking, mountain biking, and skiing, and the Rio Grande offers kayaking make this an excellent choice for investing in real estate.For a city like Albuquerque, with its 552,178 residents, HUD homes are an increasingly viable option for those trying to move into a new home but may be feeling squeezed out of the current housing market. HUD homes are owned by the US Department of Housing and Urban Development and present a greater range of financing options than traditional homebuying paths. HUD homes in Albuquerque aren't just a way to get into a housing market that is already experiencing shortages, they may just be the ideal way for you. To learn more about our current HUD homes in Albuquerque, NM, register today! The perfect home could be waiting for you.
Discover and understand more about what you can expect for Albuquerque, NM in terms of weather, education levels, income levels and more to get a better feel for the city.
Albuquerque, NM currently has a population of 552,178 which means it is a large city with lots to do for every size family and household. Take advantage of the wide variety of restaurants, sites and variety of outside activities for families of all sizes.
About Albuquerque Real Estate According to US News the cost of buying a home in Albuquerque is approximately $196,000, which is below the national average. There are many affordable options for those who are looking to rent instead of buying a home in Albuquerque. The monthly cost to rent is lower than the national average. The cost of buying a home in Albuquerque varies greatly depending on the neighborhood. Huning Castle and Rio Grande Boulevard are two of the most expensive neighborhoods to buy in. However, you can get a home for less than half of that cost if you buy a home in Santa Barbara or Monkbridge Gardens. The cost of living in Albuquerque is slightly below the national average.
Living in Albuquerque The city is home to visual arts, music, dance, literary, film, ethnic, and craft organizations, museums, festivals, and associations. Albuquerque is home to institutions and monuments such as Kirtland Air Force Base, Sandia National Laboratories, the National Museum of Nuclear Science and History, Lovelace Respiratory Research Institute, the University of New Mexico, Central New Mexico Community College, Presbyterian Medical Services, Presbyterian Health Services, the New Mexico Museum of Natural History and Science, Albuquerque BioPark's zoo, Albuquerque Biological Park, and the Petroglyph National Monument. Old Town Albuquerque is the historic original town laid out by Spanish colonists, it is a popular tourist destination with a large number of restaurants, shops, museums, and galleries.
The local cuisine is known for its mix of Pueblo Native American with Hispano Spanish and Mexican cuisine. It can easily be distinguished from other Mexican and American cuisines, due to its emphasis on New Mexican spices, herbs, and flavors. Most notably is the use of the red and green New Mexico chile peppers, anise, and piÑon.
The Albuquerque International Balloon Fiesta is an annual hot air balloon festival that takes place during early October. The Balloon Fiesta has over 500 hot air balloons each year. The event is the largest balloon festival in the world.
Albuquerque Transportation and commutes Almost all working Albuquerque residents commute by driving alone, or commute by carpool. City of Albuquerque Transit Department (ABQ RIDE) is the local transportation serving the city, providing a city bus system. Albuquerque has a well-developed bicycle network, in and around the city there are trails, bike routes, and paths. Amtrak's Southwest Chief, which travels between Chicago and Los Angeles, have a stop in the city.
Albuquerque International Sunport (ABQ) is the main and largest airport serving the city. The airport provides flights to domestic destinations in the entire country. Some of the domestic destinations are only serviced seasonally. It also provides one flight to an international destination, Guadalajara in Mexico.
The average overall walking score of neighborhoods in Albuquerque, NM is 1.76 which means it is less easy to walk to nearby businesses and points of interest. Since it is less easy to get around town in Albuquerque, NM a bike or car will be helpful.