Just try to top this, 2015!

Literally speaking, this past year of 2015 was the best best 2015 ever!! In all my days I have never seen such a 2015 and its unlikely it will ever be matched. It was a unique year in so many ways. It is the only 2015 we will see in our lifetimes. It was 15 years […]

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At the finish line – 12.31.15

Last chance today to sell one more home if you want it to be counted in the 2015 numbers. And what a year it was for Santa Fe residential real estate! We have likely seen the last of the really cheap mortgage money, a national trend, and also have seen inventory drop to the lowest […]

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What does your market look like today?

So many experts, so little consensus…  If one agrees the phrase “All Real Estate is Local” is mostly true, then comparing our market to other markets might reveal some disparities. Some think Santa Fe real estate’s recovery  is lagging the rest of the country. What do you think? Nationally, many areas have a shortage of inventory of […]

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Once in a lifetime

We get. You got. It is. Hear hear. I don’t even know the phrase or the proper tense, but once in a lifetime I  report on Santa Fe residential sales and inventory during November 2015. This is the information through and including October 2015. And we have arrived and here is the report. See: Statistics […]

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Get comfy, some good reading ahead

Take a look because you might not appreciate how far we have come since the bottom of the real estate crisis (sometime in about 2009?). From a year ago, inventory of single family homes in Santa Fe City and County has dropped from 1700 to 1432 units, a decrease of 15.7%. Some say the real […]

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Wishin’ and hopin’

The promise of improved numbers is real right now. Each month sees an increase in unit sales and a reduction in inventory of residential properties for our market area. Absorption rates keep coming down. The pattern of this blog is to publish updated statistics on about the 10th of each month. Since that is a […]

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Priced to sell, maybe

It is difficult to break away from the pack and go forward alone. Well, for some it is difficult while we all know others that never do things the same way as everyone else. Pricing a home when listing it for sale is an art and a science. And very few sellers want to go […]

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Sales keeping marching on as inventory drops

Welcome to an update of the residential real estate market for Santa Fe city and county, circa early September, 2015. Mostly the news continues to show improvement in unit sales along with a gradual shrinkage of inventory edging the the market more into balance and creating urgency with buyers. As is always true, the under […]

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These numbers are great!

Several milestones were reached recently that inform us once again that our slow but steady climb out of the worst of the recession is over. The one I want to mention first, available in the Monthly Residential Sales chart from the list of reports on the left side of this blog, is the single month […]

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