Pushing uphill

We cannot just roll along but must push uphill in order to get into a home or to help a purchaser buy. The lack of inventory is scary and sales would see even higher numbers if more product were available to buy. New highs were set again last month: most sales above $1 million in […]

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The vibrant market gets hotter

Which month you choose to buy a home might make a sliver of difference in terms of what is available and how many other potential buyers you are competing with. But overall it does not seem to matter very much. Homes sell quickly 12 months a year in Santa Fe and there is no reason […]

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New stats posted thru April 2019

Read and copy or print if you like; newly calculated statistics are now available on the site for Santa Fe residential real estate sales thru the end of April 2019. Sales continue to be strong and there is a small increase in inventory which should be absorbed fairly quickly. Even the $1 million plus price […]

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The lies keep on coming

Just when you thought our Dear Leader might run out of ways to misrepresent the facts of any given topic, he comes up with new and unique ways to tell lies. And some of them just seem to be told so he can stay consistent in his lying. But when you hear some of them, […]

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Same song, different verse

Take a quick look at the most recently updated statistics on this blog site and tell me, honestly, if you think sales units would be down if there was a selection of homes for buyers looking under $500,000. Go ahead, I’ll wait. It is not pleasant to report that sales are down, but they are. […]

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How can it be so thin?

Just how can the capital city of New Mexico, with somewhere above 75,000 residents plus a bunch of part timers, be so short of inventory in homes available for sale? What do buyers do when they want to buy a home in Santa Fe? First, they watch to learn how the market is behaving. They […]

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2018 in review = part two

Enjoying the drama in Washington, along the southern US border, on social media, in cafes and locker rooms everywhere? There are unusual times in America. On the local scene, we have unusually low levels of inventory after years of buyers taking what they can find and very few builders providing new production for sale. Now […]

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2018 in review = part one

Actually in the rear view mirror, we’ll now look at 2018 for statistics relevant to Santa Fe residential real estate. I’ll point out a few things available for you to see on the spreadsheets and charts I have posted (see left margin for access to same). An annual posting known as Fourth Quarter Sales shows […]

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Apology accepted

Went to the computer this AM to post a bunch of updated reports and spreadsheets about Santa Fe residential real estate sales and inventory. But Uncle WordPress had chosen to request a simple update of the software used in my and many other blogs. Little did I know this 68 year old would have to […]

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Don’t bother me!

… because I am busy trying to figure out where the homes are going to come from that buyers will be looking to buy next year. We have precious little to choose from making our market a lopsided seller’s market. That means buyers are not going to be in a strong bargaining position with sellers. […]

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