The area of Rio Rancho, now called "The City of Vision", continues to fulfill it's expected growth potential. Located northwest of Albuquerque, Rio Rancho was expected to hit a population of 125,000 in 2010. Rio Rancho has grown from a small land scam opportunity to a big time employment area with family-friendly housing.
One of Rio Rancho's main advocate for growth is the Intel Corporation, which employs much of the population of Rio Rancho. This growth enticed the city to build a "downtown" area which houses the New Mexico Scorpions hockey team, two growing campuses for the University of New Mexico and Central New Mexico Community College, and the addition of Lionsgate Entertainment for the ease of film production right here in New Mexico! These large employment centers promise more growth and great potential for the people of Rio Rancho.
The housing market in Rio Rancho still remains one of the most affordable markets in New Mexico for the wonderful quality you'll experience in every custom built, local, regional, and national home builders homes. Because of the plentiful amount of land in Rio Rancho, value will continue to increase and many are looking forward to the innovation to come in this City of Vision.
Some of the information contained herein has been provided by SWMLS, Inc. This information is from sources deemed reliable but not guaranteed by SWMLS, Inc. The information is for consumers’ personal, non-commerical use and may not be used for any purpose other than identifying properties which consumers may be interested in purchasing.