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Santa Fe Real Estate Scene
December 2006

Santa Fe Christmas And The Holidays


Broker Remarks

Santa Fe in December, a time of traditions. Santa Fe Feans enjoy holiday parties with friends and family. We warm ourselves by the kiva fireplace burning pinon and share stories. Then we hike up Canyon Rd at night to see the farolitos and luminarios. Downtown Santa Fe bustles with Christmas shopping and holiday performances. Snow flies about every 7 days or so. Ski Santa Fe is open and most days are sunny. Come enjoy Santa Fe Now!

Santa Fe Homes continue to offer winter market price reductions. Many of these price reductions are in: Eldorado, Southwest Santa Fe, and Airport Rd areas. Price range $300K-600K. Rest assured, there are many price reductions in the million dollar market too. Winter pricing should remain in place through March 2007, so be sure and shop till you drop during Santa Fe’s winter market.

All folks desiring to relocate from California, Florida, Nevada, Chicago and New York – price your real estate to market changes now at hand. If you live in an inflated real estate area, eliminate your pride of ownership and drop your offering price below the median value of your competition. Sell at current market value realizing you can buy more Santa Fe home for the money.

Santa Fe Land is no longer a commodity. 2-5 acre residential sites with views start at $150,000 up to $350,000 for the gated communities . Invest in land now, because the cost of land and building continue to rise. The Santa Fe land market is driven by: limited developable land, water restrictions, and strong baby boomer demand to retire in Santa Fe and build their dream homes.

"Create Wealth Through Santa Fe Real Estate"

For Advice, call Broker Atwell at 866-264-4848 or 505-670-2177.

Buyer Tips

7 Habits of Successful Investors

  1. Save and invest 15% pretax income
  2. Buy and Hold. Power of Compounding
  3. Utilize Professionals - Realtor, Attorney, Accountant, Title
  4. Asset allocation, diversify - cash, stocks, bonds, credit line, real estate, insurance
  5. Systematic and unemotional accumulation
  6. Expert Team gives you unbiased and objective advice
  7. Align reinvestment with growth trends

Habits of Successful Real Estate Investors

  • Finance for 15 years
  • Place 20% or more down on your loan
  • Invest and Hold
  • Invest consistently
  • Buy newer properties
  • Focus on investment strategy
  • Research and know your marketplace
  • Hire an experienced Realtor to save time and money
  • Utilize property management company for consistent income
  • Maintain great records
  • Depreciate your properties
  • File and Pay your taxes strategically
  • Plan and setup estates and LLC with your attorney and accountant

HOT INVESTMENT PROPERTIES, ACT NOW

FOR SALE BY OWNER / NOT ON MLS
BARRIO GUADALUPE, WALKING DISTANCE TO SANTA FE PLAZA
3 RENTAL HOUSES WITH RENTAL HISTORY
APPRAISED VALUE $ 1.1 million

FOR SALE BY OWNER / NOT ON MLS
WEST ALAMEDA, NW CITY LIMITS SANTA FE, 10 MINUTE DRIVE TO PLAZA
5 BEDROOM, 3 BATH ADOBE HOME, 4344 SQR/FT
6.25 ACRES, HORSES ALLOWED,

LAND CAN BE SUBDIVIDED PER SANTA FE COUNTY GUIDELINES
PRICE, $ 1.1 million

Buyers, search MLS properties in Santa Fe, Eldorado and Northern New Mexico.

Click here to search the MLS.

"Create Wealth Through Santa Fe Real Estate"

For Advice, call Broker Atwell at 866-264-4848 or 505-670-2177.

Listing Tips

Broker Team Anthony Atwell and Barbara Baker, 15 Years Experience.
  • Complimentary Home Market Analysis, call 1-866-264-4848
  • Strategic Internet Presence
  • Proven Marketing Campaigns
  • Consistent and Responsive Communication
  • Pricing and Negotiation Strategies
  • Seller Tips, see http://www.santafeone.com/articles/sellers.html

"Santa Fe, The Life You Love To Live"

For Advice, call Broker Atwell at 866-264-4848 or email

See Seller Tips http://www.santafeone.com/articles/sellers.html

Statistics


Santa Fe Association
of Realtors
2006 Third Quarter
Santa Fe Area

Existing and new single family detached home sales:

City of Santa Fe

Northeast
32 sold, median price $799,000
Northwest
20 sold, median price $421,250
Southeast
41 sold, median price $749,000
Southwest
127 sold, median price $285,000
Total City of Santa Fe
220 sold, median price $349,000

Santa Fe County

North
14 sold, median price $686,250
Northwest
54 sold, median price $827,000
Southeast
72 sold, median price $468,500
Eldorado
39 sold, median price $379,000
Southwest
58 sold, median price $369,820
Total Santa Fe County
198 sold, median price $487,500

Condo/Townhome  City and County
141 sold, median price $320,000
Duplex, Xplex  City and County
6 sold, median price $347,500
Mobile/Manufactured City and County
12 sold, median price $151,000

Note: The City of Santa Fe and Santa Fe County offer homes and land 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.

Finance


New Mexico Mortgage Brokers
Call or email today for your free financial pre-qualification.

Gary Miller, Santa Fe Mortgage Source
1-877-982-9530 toll free, gary@santafemortgagesource..com

Chuck Watkins, The Watkins Group,
505-989-9900,
charles@watkinsgroup.biz

Patrick Baldonado, First National Bank of Santa Fe,
505-992-2266,
PBaldonado@1stnationalbanknm.com

Whitney Smith, Wells Fargo Home Mortgage,
505-319-1908,
whit.smith@wellsfargo.com

Troy Lepisto, Countrywide Home Loans
505-995-3138,
Troy_lepisto@countrywide.com

Interest rates, See www.Bankrate.com

Jobs in Santa Fe

Check out this job resource page, loaded with essential job and relocation information.

Also:
http://www.santafehasjobs.com/
http://newmexicojobs.com/

Santa Fe Resources

Government, Non Profit, Schools, Jobs, Media, Finance, Appraisal, Inspection, Title, Survey, Moving, Utility, Contractors & Construction, Wells, Design, Home Services, Property Management, Transportation, Hotels & Motels, Arts & Recreation.
Santa Fe Resources

Inside Santa Fe www.insidesantafe.com
Santa Fe Visitors Guide, www.santafe.org

If you cannot facilitate your inquiries, contact us and we will help you - info@santafeone.com

Kokopelli Realty services: City of Santa Fe, and the following counties: Santa Fe County, Rio Arriba County, Mora County. Other cities and towns include: Santa Fe, Los Alamos, Espanola, Abiquiu, Medanales, Alcalde, Dixon, Pojoaque, Tesuque, Las Campanas, Nambe, Chimayo, El Dorado, Glorietta, Pecos, Hwy 285, Galisteo, Lamy, Hwy 14, Cerrillos, Madrid, Rio Chama, Rio Grande, Pecos River and more!


Member, National Association of Realtors  Accredited Buyer Agent  RE/Max Capitol
  Certified Residential Specialist
  Anthony Atwell, Jr.   ABR, CRS, ePRO
505-670-2177,

RE/MAX Capital - Each Office Independently Owned and Operated
411 St. Michaels Dr. Ste. 3, Santa Fe, New Mexico, 87505 505-988-4688

 

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