Mid-May 2014 Apartment Survey Conducted for the New Mexico Mortgage Finance Authority

The UNM Bureau of Business and Economic Research (BBER) conducted a survey of apartment properties for the New Mexico Mortgage Finance Authority (MFA), with the objective of providing MFA with current market information for its databases. The survey started in May 2014, with non-response follow-up extending into mid-July. Data were collected through questionnaires received via the US postal service, e-mail, or SurveyMonkey; responses were received from 292 properties in 27 New Mexico counties, representing a total of 13,909 apartment units. Unit count, vacancy rate, and rent as of mid-May, along with the year the structure was built, were requested for apartment complexes with five or more units in communities outside of Albuquerque, Rio Rancho, and Santa Fe. Illustrated with tables and charts; sample survey materials included in an appendix