Monday, September 24, 2007

Housing in New Mexico

New Mexico had 850,095 housing units in mid-2006, the Census Bureau estimates. The numbers were released September 12. The 2006 figure was a 12,045 unit, or 1.4 percent, increase from 2005. New Mexico is 37th in the number of housing units, about the same place as the state's population rank. The 05-06 performance was 33rd in the number of units added and 19th in percentage increase.
Arizona was second in percentage increase for the 05-06 year behind Nevada and sixth in the number of new units. Arizona and Nevada are two of the states driving the increase nationally in the number of foreclosures, a situation that began developing in a big way as these stellar housing unit increases were being posted. Florida and Georgia, two other states driving the foreclosure wave, were fourth and sixth in percentage increase of housing units for the period.
Think bubble for those states.
A housing unit can be an apartment, a townhouse or condominium or a single family detached home.

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