The St. Patrick’s day shuffle

This time of the calendar year we see the start of heavy numbers of newly listed property show up. A typical day now sees 30 plus new listings and maybe 8 sold properties. At that rate the inventory climbs rapidly and the balanced market we enjoyed during the winter shifts to become a buyers market […]

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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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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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Responding to cries for attention

Few children fail to master the skill of gaining attention from their parents and caregivers. Some have multiple ways to get attention, with noise or actions or facial expressions. And we all probably know plenty of adults that still use their bag of tricks to get attention for whatever selfish reason they possess. Sometimes making […]

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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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Housing matters

Now and again I post a link to an article that seems more informative than most I see related to real estate. And the MacArthur Foundation has posted an article that puts the national mood into perspective on the housing market and the importance of people’s confidence in the recovery. It is worth reading if […]

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Auld Lang Syne (in June?)

A song of goodbye and farewell, of happy trails, sayonara, adios, ciao… a song marking the end of a time and the grand hopes of the beginning of another time… Thank you Robert Burns. We have arrived at the end, the bitter end, of the deep and dark recession that has buried Santa Fe residential […]

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What’s going on?

A classic title to the Marvin Gaye song, stolen for a title to a post about Santa Fe residential inventory; what a crock! If you aren’t too upset, please read on. The focus of the Absorption Rates posted in this blog have to do with length of time on the market a home might take […]

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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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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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