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SUMMARY HISTORY PEAKS & TROUGHS FORECASTS

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The past five years have seen fair nominal and real price growth. The Ruidoso mortgage-debt-to-income ratio has increased throughout the past five years, mirroring the recent rise in the national ratio. Nominal and real prices may very staginate until they return to historical affordability ratios.

SEE PRIOR RUIDOSO PEAKS & TROUGHS Next >

Year	Nominal Price History	Nominal Price Growth	Real Price History	Real Price Growth	Ruidoso Mortgage-Debt-to-Income Ratio	National Mortgage-Debt-to-Income Ratio
2001	$138,100	4.3%	$156,200	1.4%	20.8%	17.5%
2002	$144,200	4.4%	$160,500	2.8%	20.6%	17.7%
2003	$152,500	5.8%	$166,000	3.4%	21.0%	18.4%
2004	$165,500	8.6%	$175,600	5.8%	21.7%	19.6%
2005	$192,100	16.0%	$197,200	12.3%	25.2%	22.1%
2006	$211,000	9.8%	$211,000	7.0%	28.5%	23.7%

RUIDOSO, NEW MEXICO - Q3:2006