Water everywhere!

Wow and Zow! We have had some great spring rains. Not a normal occurrence and it must be what the experts and the ski bunnies talked about when they mentioned El Nino. And its a welcome sight to see all the weeds popping up. I won’t mind one bit doing the necessary yard work to […]

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It happens every year about this time

Are you a student of real estate and a close observer of Santa Fe NM residential homes and land? There is a phenomenon taking place now that compares with many other annually recurring events and themes. Think of the migration of millions of birds heading North. Or the run-off in the Rio Grande as the […]

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There is always hope

…and it can carry you through much of what you cannot control. At some distant point the gravity of your aspirations will weigh in and hope will not be quite enough. It was good while it lasted. But the day comes when you will have to act and usually with clarity and commitment. The optimism […]

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Observing the shift

Santa Fe New Mexico is by many measures a smallish town. We are well-known by name and cherished by many current and future residents. Some say millions visit Santa Fe every year, making it feel much larger, but those visitors stay and then leave. Other residents only live here part-time. So you could say we […]

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Who should you trust?

Someone once said “trust your gut” and others have said “follow the money” while an obvious good rule of thumb is to pay the most attention to facts when considering something. Is it possible to do all of these, and more, when you are about to make a decision? If you are selecting a professional […]

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The bell curve is upside down?

Because of some interesting attributes of salespeople, there are many ways to describe the residential real estate market without running out of words. If you are a real estate professional, the phrases can seem to challenge describing a home for sale. One person’s cozy is another’s cramped. Reading the text of an ad is not […]

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In with the new seasonal mix

Ahhhhhhh, Spring!   When pollen fills the air and hope fills the real estate marketing pages, you know it is springtime. What should we expect? Inventory will rise dramatically from now until at least June. While we continue to sell and close, new listings will show up in greater numbers, so the overall picture will […]

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It’s official, price is everything

Just when you thought it was safe to believe home buyers now focus on the quality of improvements in a home, bingo! They still care about price first. Second most important issue is: also the price. And then it might expand into location or views or bedroom size or acreage. But first and foremost, it […]

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Some observations

In studying the numbers for the recently completed 2014 year in Santa Fe residential real estate, some market trends become evident. The Fourth Quarter sales report, when comparing 2013 and 2014, shows an almost identical result except for a shift out of the $300K to $500K category into the $500K to $1 million category. Units were down about […]

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2014 in review

Greetings and best wishes. I hope your holidays were joyful and rewarding. How are those new year resolutions coming? Most of the statistical reports I post here monthly have been now updated to include the full year of 2014. Probably the key figure is illustrative of what kind of year it was in Santa Fe residential real […]

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