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.
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
It would be easy to think all is rosy and wonderful as it would be equally easy to believe the world is your enemy and you can’t catch a break. It depends on your perspective. If you are a buyer … Continue reading
The pages available on this site are now updated with data from sales of residential property thru the end of May, 2014. When compared with inventory, this allows one to calculate an absorption rate, which I publish for various price ranges … Continue reading
One of the issues that affects any study of the inventory of available homes for sale is the apparent lack of new construction in our market. Many would say there are very few new homes being built these days. And they … Continue reading
Another springtime means another run-up of inventory…we know sellers (and their Realtors and their Bankers) get very optimistic around this time of year. Listing inventory increases are expected. The discussion might include whether price increases should define the new homes coming onto the … Continue reading