Santa
Fe Real Estate News
February 2002 |
Greetings from Santa Fe,
We are still praying for more snow in New Mexico. Colorado and
Utah seem to be enjoying the bulk of this winter's moisture.
The good news is the weather is now mild and sunny. Good for
those of you who are building in Santa Fe County.
Access to MLS Listings
You now have the ability to search the Santa Fe multiple
listing system yourself. With the system that is available
on our site, you can create custom searches for listings
in the Santa Fe Association of Realtors database. Find
what's available in a many New Mexican cities right from
our site.
MLS Listings
Current market trends in Santa Fe, NM:
This year's opportunity for real estate investors appears in
the upper end, $500,000 - $900,000, where some prime homes
have been on the market for a long period. We also see
opportunity for those willing to invest and build residential
x-plex for rent in the $350,000-$500,000 range.
For those of you considering building homes in 2002, now is
the time to do research, acquire land and build. One-time
close-construction loans are available, so you can wrap the
purchase price of land and the cost of building into one loan.
Keep in mind that the building process takes 6 to 12 months.
depending on the complexity of the project. You have to buy
land, finance, develop architectural plans, locate a builder and
pass planning and zoning. An experienced realtor will help
you through your building process.
Local Builders
Santa Fe One Realty Recommends:
Design Build Resource.com, 505-424-9688
Santa Fe Homes Builders Association, 505-982-1774
ADC - Architects, Designers, Conctractors, 505-989-1139
Remember real estate is your investment alternative to the
stock market. Diversified portfolios are stronger portfolios.
Certainly the time to borrow money is now. Historically low
interest rates and an abundance of loan programs to meet
investor's needs.
Contact us today for your free Multiple Listing research:
http://www.tonyatwell.com/contact.html
FINANCE
Interest rates now at historical low. Rates will
vary depending on your credit and type of loan. Some
incredible rates are out there, contact the mortgage brokers
and banks today to obtain your best rate!
Call mortgage broker Carla Hiley at New Directions Financial,
toll-free at (888) 884-4240 or e-mail cmhiley@msn.com for
your free pre-qualification on loans and refinancing.
NEW MEXICO WEEKLY QUOTES, NOW ON LINE!
Get current mortgage rates from the best N.M. lenders now!
CLICK HERE
Credit Scoring - Just Do It !!!
Equifax equifax.com 800-685-1111
Experian experian.com 800-682-7654
Trans Union tuc.com 800-916-8800
Income - Jobs in Santa Fe: Check out this job resource page,
loaded with essential job and relocation information.
GOVERNMENT & TAXES
Call the experts !
New Mexico Tax
and Revenue 505-827-0700
City of Santa
Fe 505-984-6500
Santa Fe
County 505-986-6200
See Santa Fe Resources / Government
http://www.tonyatwell.com/links.html
STATISTICS
- Santa Fe Association of Realtors property statistics
- 2001 Fourth Quarter Santa Fe Area
- Existing and new, single family detached homes sales:
- Total City of Santa Fe:
- 4th Qtr 2001 208 sold, median price $241,000
- 4th Qtr 2000 202 sold, median price $197,000
- Total Santa Fe County
- 4th Qtr 2001 187 sold, median price $232,900
- 4th Qtr 2000 153 sold, median price $268,900
- Condo/Townhome sales:
- Total City & County
- 4th Qtr 2001 57 sold, median price $198,000
- 4th Qtr 2000 66 sold, median price $227,000
Keep in mind The City of Santa Fe and Santa Fe County offer homes
and lands for all levels of buyers and sellers.
Note: This representation is based in whole or in part on
data supplied by the Santa Fe Association of Realtors or its
Multiple Listing Service. Neither the Association nor its
MLS guarantees or is any way responsible for its accuracy.
Data maintained by the Association or its MLS may not
reflect all real estate activity in the market.
Are you ready to Buy or Sell a property?
Get professional help from associates who understand service
Anthony Atwell, Qualifying Broker
tony@santafeone.com,
toll free 1-866-424-4848, cell 505-501-2732
Lou Frey, Associate Broker
Lou@santafeone.com, cell 505-670-5001
Frank Cox, Realtor
frank@santafeone.com, cell 505-501-3116
Hazel Cox, Realtor
hazel@santafeone.com, cell 505-501-3117
Theresa Sanchez, Realtor
tsanchez@santafeone.com, cell 505-603-0247
WEATHER
& HABITAT
Average Temperature F, high/low: January 40/19, February 44/22,
March 51/28, April 60/3 , May 69/43, June 79/52, July 91/57, August
91/56, September 74/49, October 63/38, November 50/27, December
41/20
Santa Fe averages
300 days of sunshine per year, 11.4 inches of rainfall and 32 inches
of snow per year
Rising from 6500 to 7500 ft, most of central New Mexico is in
the transition zone. Ponderosa pines, oak, juniper, spruce, aspen
and Douglas fir grow here.
FYI - Santa Fe, see our resources page.
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