Hits: 11What 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 […]
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Strong, stronger, strongest
Hits: 16We 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 readingAbsorption Rate – Unplugged
Hits: 16A 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 readingHome sales up 3.3%
Hits: 10The results of 2016 data as reported to the Santa Fe Association of Realtors show a single digit increase in unit sales year over year: 2016 compared to 2015. The headline is the number: 3.3% increase. Overall the total dollar volume also went up, a decent number of 6.44%. The average sales price went […]
Continue readingThat mesa is flat
Hits: 7Table tops show their tilt if you put a round object on them and things roll off in the same direction every time. Maybe one of the legs is short? Mesas look oh so level and flat from a distance and then up close you can see small rises and low points that make […]
Continue readingIt’s a horse race, someone said
Hits: 8The race is on and the unpopular candidates have less than 60 days remaining to garner the required votes to move into the White House in January. Where will you be in January? Possibly enjoying a ski run or watching NFL playoff games cheering on the Clevelands? Or maybe escaping the winter cold and […]
Continue readingYou don’t say
Hits: 7What 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 readingLooking for the better half
Hits: 9Half a year does not a full year make, someone said. In the example of Santa Fe area residential real estate, the first half of a year is usually slightly below what the second half comes in at, because of more active summer and fall months. Let us plan on a stronger second half […]
Continue readingThe world of Santa Fe real estate is Flat
Hits: 14Pick your own ideal angle of repose, but mostly its flat around here when you gather the numbers. Five months in the books for 2016 came up as almost identical to the same five months of 2015. Sales are strong in the lowest price ranges and the best of the rest takes some time […]
Continue readingWe should be so lucky
Hits: 20The 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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