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Out-of-state home buyers drive up New Mexico real estate market

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ALBUQUERQUE, N.M. – New data from U-Haul shows more people are moving to New Mexico, but all those people need somewhere to live.

More and more Americans are discovering why New Mexico is called the Land of Enchantment.

“We’re seeing people from the Midwest from the northeast, quite a few California buyers,” said Damon Maddox with the New Mexico Realtors Association.

U-Haul ranked New Mexico 10th in the number of people moving in, up from the previous high of 14th back in 2015.

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