Farmington, New Mexico - Real Estate
With a population of around 38,000, Farmington, New Mexico is an important commercial center in the Northwestern New Mexico and Four Corners region.
Farmington real estate prices saw growth of 25% in 2005, with the median price of a single family dwelling reaching $166,000.
This high rate of growth has caused some trouble for first-time homebuyers in the region, but some below-market-value buying opportunities do present themeselves in the form of foreclosed homes.
To find foreclosures and rock-bottom real estate bargains in Farmington, New Mexico and other cities across America, please click here.