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 […]
Continue readingCategory Archives: Santa Fe area real estate
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 […]
Continue readingDon’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. […]
Continue readingStop making sense (when did you…?)
Interest rates are inching upwards, slowly but surely. Rate monitors say long-term residential mortgage rates have gone up about ONE percent over the last 12 months and another ONE percent is forecast for the next 12 months. What does that mean? It means that more and more people will be priced out of buying the […]
Continue readingRECOUNT!!
I guess anyone might demand a recount if they really want to. But its clear only those on the short end of vote counts ever want a recount. You COULD demand a recount for home sales in Santa Fe year to date or you could just bite your lip and accept my numbers. They are […]
Continue readingSteady as you go
I am pleased to share updated statistics about the Santa Fe residential real estate market in this autumn season of 2018. You will find several spreadsheets and reports available for viewing (and printing) on the left side of each of the blog pages you wish to view. Please note the consistency of finding out that […]
Continue readingIt is getting tight!
Lack of inventory has been promised and/or threatened for years around here. This is the year we are finally seeing it in full force and effect. This lack of inventory is a problem no matter how you look at it, unless you are just plain greedy, hoping that homes climb so high in price you […]
Continue readingLet’s be honest
The Santa Fe residential real estate market has fully recovered from the economic crisis that made such a mess of things the last 10 years. Someone might say we recovered fully by a date last year while others might claim we still have more progress to make before reclaiming the high ground we held in […]
Continue readingCareful what you wish for
You had plenty to be worried about over the last 10 years including ‘will my home ever sell’ or ‘will I ever see my 401-K regain the level it was at before the storm’. You didn’t know if you’d ever get what you paid for when you finally sold that house. You would have loved […]
Continue readingRecent results remind us of the old days
When you are shopping for a home under $350,000, where do you look? Would you be happy with a 900 square foot 2/1 condo near downtown with one off-street parking place? How about new construction on the fringe of the metro Santa Fe area, with a small yard and a garage, with new appliances of […]
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