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Limited new construction and stable employment have kept Albuquerque, N.M., safe from the dark, looming clouds.
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Condos tick up, even as total existing home sales decline.
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In the first quarter of 2008, there were 27 percent fewer multifamily originations than in the same period a year earlier.
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Condo index remains low, but traffic increases.
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In 2003, the U.S. Department of Housing and Urban Development received about 8,000 fair housing complaints.
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As the single-family market continued to plummet in April, multifamily housing starts rose by a seasonally adjusted 340,000 units - a 36 percent increase, according to the Commerce Department.
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Credit problems force buyers to Fannie, Freddie.
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A host of 2007 fourth-quarter reports show continued vitality in the multifamily housing arena.
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Foreclosed homeowners returning to the rental market due to the subprime lending crisis are more likely to be members of a minority group.