This Blog is about Santa Fe, NM residential real estate. It includes extensive statistical data on sales of homes and land plus inventory trends and analysis of the health of the real estate market.
It is fact-based and offers careful and unemotional studies of issues important to the business of residential real estate.
Time to round up the numbers and post them to the charts. And YES, our progress continues, although a bit slowly for many. Monthly residential sales came in a bit below the same month last year, although we are ahead … Continue reading
A little housekeeping; and explanation and definition of a statistic I throw around freely – Absorption Rate. Every month I post four spreadsheets that show a direct comparison between the number of homes for sale and the number that have … Continue reading
Another month in the books; Santa Fe residential real estate continues to improve. You might notice the Absorption Rate rose slightly, but that is a normal & seasonal fluctuation as sellers hope to cash in on the more active summer … Continue reading
Thank you Paul Weideman for the Profile feature in this month’s Real Estate Guide. If you are not in real estate in the Santa Fe area and not familiar with the Guide, look for free copies of the Guide on newsstands; it … Continue reading
Today might be the one day of the year we have exactly as many solds as we have new listings. As reported to the Santa Fe Realtors Association MLS database (a wonderful product named Paragon). as I fired up the … Continue reading