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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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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Steady 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 […]

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This was the year we got healthy

That header is not a new year’s resolution, but a market condition statement, saying we “got healthy” in terms of numbers of sold homes and the ever decreasing inventory…So we are supposedly healthy now? We have made up nearly all of the ground lost over the last 10 years and it feels like we are […]

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JUST LOOK

Just look at these numbers!¬† We have not seen numbers like this in well over 10 years. The unit sales are up and as we approach the end of the year I believe everything will be up over last year and actually over any other year in the last 10. Granted we are wrapping up […]

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Absorption Rate – Defined

Throughout this website and blog, the words Absorption Rate show up, in texts of posts and as titles of four unique and dynamic reports available to you anytime you visit here. What is Absorption Rate and how is it calculated? And what does it mean? I am glad you asked! ¬†Absorption Rate is a calculation […]

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A moment of balance

Librans like to focus on balance and harmony. There is a time when balance in the real estate market can be found and its right about now. This is the time we change over from cool to warm when taking the temperature of our market. We’ve had enough of tepid. What happened in June is […]

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