Hits: 7We 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 readingHits: 7I 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 readingHits: 7What a year, what a year! It was easily the best in at least the past 10 years and the foundation for continued growth and prosperity in the real estate sector is solid. The breakdown in price ranges tells the tale in more detail, but you can guess the variations if you have been […]
Continue readingHits: 11That 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 […]
Continue readingHits: 11We 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 […]
Continue readingHits: 7A major focus of this blog site, along with statistics about the Santa Fe NM residential real estate market, is something called an Absorption Rate. On the left side of the site pages you will see the list of spreadsheets and charts available for review. Four of those charts are specific to Absorption Rates […]
Continue readingHits: 8Throughout 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 […]
Continue readingHits: 5What is the background for putting a positive spin on things, even when the facts don’t indicate “things” are all that positive? Is it “the glass is half full” versus “the glass is half empty”? Possibly some folks keep beating the drum that everything is going up and growing and improving knowing they will […]
Continue readingHits: 11Who goes there? Is that another home listed and sold in our MLS system I see reported today? In the last 24 hours, 16 homes have been reported as Sold in our database. 15 of them had some sort of price reduction during the listing term, or sold below asking price. Only one sold […]
Continue readingHits: 9The best references to luck seem to always include references to hard work, and being in the right place at the right time. If I get lucky in my real estate career, it is likely because I prepared and put in the hours of work plus got my ass off the couch. Yes, I […]
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