The local housing market has seen much growth over the last several years. Many factors have driven this growth — including low interest rates, as well as Holloman Air Force Base personnel (including many German Air Force personnel that train at Holloman) and many families relocating to Alamogordo for its wonderful high-desert climate. Additionally, homes are seeing an excellent appreciation in value. New subdivisions are opening all over the city, with a variety of price ranges and home styles — ranging from modest starter homes to high-end, custom-built homes. The cost of maintaining a well built home in Alamogordo is very affordable. Many investors looking for lease properties are buying in Alamogordo because of the great real estate values. Several new apartment complexes are also under construction.
The Building Contractors Association of Otero County offers a wide variety of home options for those looking for residential housing. The association is comprised of over 150 members that offer a wide range of services — including building contractors, real estate developers, material suppliers, financial institutions, mortgage title and escrow companies, real estate professionals and surveyors. These members bring many years of work experience and wisdom, and help make buying an existing house or having a dream house built as effortless as possible.
With the excellent weather and beautiful surroundings, Alamogordo is the perfect place to relocate if you’re raising a family, starting a business or retiring. The Alamogordo Chamber of Commerce and the Building Contractors Association of Otero County are excellent resources for real estate, building and other information.