 |
Finally a bit of good news to report; March 2010 monthly
sales figures are above February 2010 and also above
March 2009. That only happened in 4 out of 12 months
last year and none of the previous 24 months (in ’08 or
’07). So yes, that’s kind of a big deal. And the First
Quarter home sales chart (included in this letter) shows
a measurable increase in the category up to $500,000 for
the first quarter 2010 versus the same quarter 2009. We
can thank the first time homebuyer tax credit program
somewhat for that increase. In addition, let’s not
completely ignore the better prices and values that
buyers are finding these days. Examples abound of a
specific property selling in 2008 or 2009 that may now
be available for less. What some sellers wanted last
summer is probably now even lower. That’s what buyers
are seeing and acting upon. The 1st Quarter
home sales spreadsheet as prepared by Alan Ball
follows:
| |
Statistics for First Quarter of Year
Shown |
|
Residential Property in Santa Fe City &
County |
|
|
YEAR |
ALL PRICES |
UP TO $500,000 |
$500,000-$1MILLION |
OVER $1MILLION |
|
# of units |
# of units |
# of units |
# of units |
|
2010 |
267 |
201 |
48 |
18 |
|
2009 |
205 |
142 |
50 |
13 |
|
2008 |
306 |
211 |
76 |
19 |
|
2007 |
423 |
273 |
114 |
36 |
|
2006 |
599 |
424 |
143 |
32 |
|
2005 |
523 |
418 |
90 |
15 |
|
2004 |
494 |
415 |
70 |
9 |
|
2003 |
473 |
425 |
36 |
12 |
|
2002 |
432 |
387 |
39 |
6 |
|
2001 |
392 |
348 |
39 |
5 |
| |
|
|
|
|
| |
Includes
single family homes, townhomes and
condos |
|
|
|
Is your house on the market?
Consider this tip from REALTOR Magazine. And
this one.
March 31 st was the big day – the day the
Federal Reserve pulled the plug on its purchases of
mortgage-backed securities. Read the whole article from Housing
Watch.
Santa Fe Foreclosure
Rates Up In January
Foreclosure rates in Santa Fe
increased for the month of January over the same period
last year, according to First American Core Logic, a
real-estate data and analytics firm.
The rate of foreclosures among
outstanding mortgage loans in Santa Fe was 1.64 percent
in January 2010, compared with January 2009, when the
rate was 0.84 percent.
But Santa Fe's foreclosure rate
was well below the national average.
From the Santa Fe New
Mexican, March 27,
2010
126
Vaquero
Road
$1,590,000
Baro Shalizi, listing
broker
Spectacular 7000+ sq. ft.
mansion with 2' thick exterior walls, Italian tile and
mesquite wood floors, hand trowelled plaster walls, and
vigas. Spacious living room, dining room, chef's kitchen
and 1440 sq. ft. gymnasium/studio. sun room, portal,
garden and lap pool; master suite, office, 2 laundries
and 1 guest room, room for live-in help. Upstairs, 3
bedrooms, kid's study, 2 baths. 4 stall barn and
corralls; heated 3 car garage and 2 car carport. NOTE:
None of the artwork transfers with
sale.
My experience with Gail P.
Samota -
My husband and I are both CPA's
so we are number and detail oriented. We want the "i's"
dotted and the "t's" crossed. Gail handled the
transaction perfectly. She went out of her way to see
that every detail was taken care of. On top of that she
was a pleasure to work with. We had a lot of fun. If we
did not love the house so much I would say "Let's do it
again". Thank you,
Gail.
Phil and Kitty
Lemos | |
 |
 |
 |
Baro
Shalizi
Qualifying Broker
ABR,
CIPS, CRS, e-PRO, GREEN, GRI
shalizi@aol.com
Cell:
505-670-8431
Office: 505-474-4203 |
Gail
Samota
Associate Broker
e-PRO,
GREEN, RSPS, TRC
mailto:gail@gailsamota.com
Cell:
505-603-5450
Office:
505-474-4203 | |
Shalizi Real
Estate | 2199 Candelero Street | Santa Fe, NM 87505
(505)
474 4203 | www.ShaliziRealEstate.com |
| | |
