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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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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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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2014 in review

Greetings and best wishes. I hope your holidays were joyful and rewarding. How are those new year resolutions coming? Most of the statistical reports I post here monthly have been now updated to include the full year of 2014. Probably the key figure is illustrative of what kind of year it was in Santa Fe residential real […]

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New data for your review

The pages available on this site are now updated with data from sales of residential property thru the end of May, 2014. When compared with inventory, this allows one to calculate an absorption rate, which I publish for various price ranges in the Santa Fe NM residential real estate market.

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Once again, with gusto

Another springtime means another run-up of inventory…we know sellers (and their Realtors and their Bankers) get very optimistic around this time of year. Listing inventory increases are expected. The discussion might include whether price increases should define the new homes coming onto the market. Why would someone raise the price of their home? There are reasons and then […]

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