February is setting the stage for the Spring sales season. The number of sales were up as well as the average Sold price. With inventory down considerably from this same time last year, I really see competition heating up for quality properties. SANTA FE COUNTY MARKET SNAPSHOT FEBRUARY 2015 FEBRUARY 2016 SALES 116 122 AVG…
DetailsYOU CAN BUY A HOME WITH ONLY 3% DOWN! Fannie Mae’s new Home Ready loan program can help you finance the purchase of a new home! It’s a lending option that helps creditworthy borrowers with lower and moderate incomes, and with limited assets for down payment and closing costs to buy a home. The competitive…
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Compared to this time last year inventory is DOWN, Sales are UP and the average time to sell a home is WAY DOWN. Properly priced homes are getting snatched. Values are staying about the same, so sellers won’t be getting a lot more money, but there is less competition, so you are likely to sell…
DetailsHappy 2016! It’s the time of year to get organized. Many people pay special attention to their finances these next few months. They look at how their investments are doing and make any necessary changes to make sure that they are on track with their goals. If you have a goal of buying a new…
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The number of homes sold in Santa Fe rose for the sixth consecutive year in 2015. Our real estate market continues to get better, though we are yet to see the drastic improvement other parts of the country have seen. Traditionally, Santa Fe’s market is approximately two years behind leading markets. It is getting stronger…
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Get Up There NOW. With almost 160 inches of snow, you are guaranteed to have a blast. Not Sure How You’re Going To Get There, Try The“NEW” RTD ROUTE New for the 2015/2016 season, public transportation from the city of Santa Fe to the ski area. For more information and schedule, please call 866-206-0754 or…
DetailsThere is no doubt that consumers are responding to smart home technologies in a big way. In fact, Coldwell Banker is co-sponsoring the Smart Home Marketplace at CES (formerly known as the Consumer Electronics Show) in Las Vegas, a segment of the show which has nearly doubled in size since last year. Helping to lead the smart home conversation,…
DetailsAll new mortgage loan applications have a couple new loan documents for homebuyers that will be simpler and easier to understand. Here’s what changes you will see as you apply for a new mortgage loan: The new Loan Estimate will replace the Good Faith Estimate and Truth in Lending statement that was used in the…
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We’re neck and neck comparing numbers from the 2014 Santa Fe real estate market this time last year. The biggest positive is that we’re 10% up in number of homes sold, and average days on the market is down from 181 to 173. The chart below shows our inventory in different price ranges. We have…
DetailsExpert Advice on Staging During the Holidays by lockboxnews While winter is often considered a difficult time to sell, it can actually be one of the best times of year. Inventory is typically low, meaning less competition and more serious buyers. But how do you keep your clients from getting discouraged during the cold winter…
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