Hits: 13So many experts, so little consensus… If one agrees the phrase “All Real Estate is Local” is mostly true, then comparing our market to other markets might reveal some disparities. Some think Santa Fe real estate’s recovery is lagging the rest of the country. What do you think? Nationally, many areas have a shortage of inventory […]
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Once in a lifetime
Hits: 18We get. You got. It is. Hear hear. I don’t even know the phrase or the proper tense, but once in a lifetime I report on Santa Fe residential sales and inventory during November 2015. This is the information through and including October 2015. And we have arrived and here is the report. See: […]
Continue readingHelp someone, help yourself
Hits: 12If you are reading this post, you have access to an extensive array of statistics compiled over many years of tracking the Santa Fe residential real estate market. This is not all that complicated, but one does need to be consistent to have meaningful data. The promise of learning is attractive to some and […]
Continue readingShow me YOUR double digits and I’ll show you mine
Hits: 12If Santa Fe residential real estate gets any hotter, we are going to have to jump in the pool. At this point year-to-date we are 11.5% ahead of last year’s unit sales pace. Through July 31, 2015, 1139 sales had been reported while the same period in 2014 saw 1022 sold. That fact alone […]
Continue readingIt happens every year about this time
Hits: 17Are 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 […]
Continue readingThe foreclosure lessons
Hits: 24A couple of days ago, a daily Santa Fe New Mexican issue included legal notices of three foreclosure actions in progress. It’s public notice to publish the foreclosure action by a note holder against a borrower. Mostly the note holder will end up with ownership and possession of the property after a costly and […]
Continue readingIn with the new seasonal mix
Hits: 20Ahhhhhhh, Spring! When pollen fills the air and hope fills the real estate marketing pages, you know it is springtime. What should we expect? Inventory will rise dramatically from now until at least June. While we continue to sell and close, new listings will show up in greater numbers, so the overall picture […]
Continue readingIt’s official, price is everything
Hits: 11Just when you thought it was safe to believe home buyers now focus on the quality of improvements in a home, bingo! They still care about price first. Second most important issue is: also the price. And then it might expand into location or views or bedroom size or acreage. But first and foremost, […]
Continue reading2014 in review
Hits: 12Greetings 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 […]
Continue readingWhat’s my line?
Hits: 16Shame on me for recycling an old TV show title for this blog post. Go ahead and read it if you want. It might be better than watching television anyway.
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