BBER Publications

Document Type

Technical Report

Publication Date

8-1-2009

Sponsorship

New Mexico Mortgage Finance Authority

Publisher

University of New Mexico, Bureau of Business and Economic Research

Abstract

The Bureau of Business and Economic Research (BBER) at the University of New Mexico conducted a survey of apartment properties in communities across the state for the New Mexico Mortgage Finance Authority (MFA). The survey was undertaken in May 2009, with non-response follow-up extending into mid-July. Vacancy and rent data for mid-May, along with the year the structure was built, were requested for apartment complexes with five or more units. The survey focused on the 30 largest communities in New Mexico, excluding Albuquerque and other cities in Bernalillo County, Rio Rancho, and Santa Fe, as those markets are covered extensively by CB Richard Ellis surveys. The goal was to provide MFA with current market information for the organization's databases. Illustrated with tables and charts. Sample survey materials included in an appendix.

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