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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Blog posts
Halfway Through 2020: What’s going on?
Hits: 69It is hard to believe that we are half-way through this year, and what a strange and trying time it has been. While the economy seesaws with record high unemployment and the loss of too many small businesses to count and conversely the stock market continues its baffling surge, the one consistency we see […]
Continue readingA time of transition
Hits: 51Over the next month or so this blogsite will undergo some changes in authorship and management. Eventually the style and design will likely change also, but that will be up to the new administrators. A little review; many years ago I started a monthly newsletter with information about Santa Fe residential real estate. It […]
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 readingPushing uphill
Hits: 17We 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 […]
Continue readingThe lies keep on coming
Hits: 33Just when you thought our Dear Leader might run out of ways to misrepresent the facts of any given topic, he comes up with new and unique ways to tell lies. And some of them just seem to be told so he can stay consistent in his lying. But when you hear some of […]
Continue readingDefinition of emergency
Hits: 16Use the word invasion and you might make it stick. According to someone who might have been elected with illegal methods, means and influence, there is an emergency on our southern border because HE wants there to be an emergency and is trying to create one there. Yet Border security employees, US Senators and […]
Continue readingRECOUNT!!
Hits: 16I guess anyone might demand a recount if they really want to. But its clear only those on the short end of vote counts ever want a recount. You COULD demand a recount for home sales in Santa Fe year to date or you could just bite your lip and accept my numbers. They […]
Continue readingNot my President
Hits: 18Yes, the title of this post is correct. It is exactly what I meant to type in the headline space. If you are highly sensitive and thin-skinned and lean right (politically speaking) you may want to quit reading. I am passionate about what is going on and I cannot avoid using this blog to […]
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 […]
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