The Santa Fe Housing Report is a comprehensive and neutral study of our real estate market. This report is helpful for home buyers and sellers as well as business owners, community leaders, and non-profit organizations.
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Category Archives: Home Values
The market is good, but affordability is not.
Hits: 50According to the National Association of Realtors, nationally September marked the fourth consecutive month of rising home sales and with a 9.7% increase over last month in single family home sales, an astonishing increase of 20% in sales over last year at this time. With interest rates at record lows, NAR’s chief economist, Lawrence […]
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Covid 19 & Santa Fe Housing Market Update
Hits: 54Normally about this time, we would be sharing the 1st quarter market statistics that were recently published by the Santa Fe Association of Realtors to provide an update on our local housing market. However, with the Governor’s mandated shut-down and the socio-economic crisis we find ourselves in, the million-dollar question we are asked is, […]
Continue readingReal estate has (maybe) never been hotter
Hits: 34Remind me when the residential real estate market in Santa Fe NM has ever been as “hot” as it is today. Maybe my memory is failing, but we have never seen absorption rates this low (number of months to sell existing inventory) and I know of no other measure that is as accurate in […]
Continue readingSame song, different verse
Hits: 15Take 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 […]
Continue readingHow can it be so thin?
Hits: 19Just how can the capital city of New Mexico, with somewhere above 75,000 residents plus a bunch of part timers, be so short of inventory in homes available for sale? What do buyers do when they want to buy a home in Santa Fe? First, they watch to learn how the market is behaving. […]
Continue reading2018 in review = part one
Hits: 24Actually 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 […]
Continue readingSteady as you go
Hits: 15I 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 […]
Continue readingCareful what you wish for
Hits: 32You 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 […]
Continue readingStrong, stronger, strongest
Hits: 19We can cheer and smile just a bit as we continue to build on a strong year, the strongest in many years, and stronger than we have had the pleasure to brag about for some time… The unit sales numbers for Santa Fe residential real estate are running at or above a 10% increase […]
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