Santa Fe
Real Estate Scene
September 2007
 Broker
Remarks
Santa Fe Buyers - all types of mortgages remain available, but prepare yourself for tighter credit standards and larger down payments. Improve your credit before buying, payoff all those credit cards. Interest rates remain very low on a historical basis. Invest long term in Santa Fe’s growing market as a favored destination resort and popular retirement community.
Record levels of inventory remain on the Santa Fe market. This broker seeing steady price reductions at all levels of the market. Fall will present buyers with favorable opportunities to invest below median values.
Santa Fe Sellers – pay attention and take action ! Fewer buyers in the market, record levels of inventory. Price to sell, Price under the median value. Focus on: presentation, buyer incentives, internet marketing. 80% of today’s buyers on the internet looking for real estate.
BT Homes awarded Top Prizes
from Haciendas Parade of Homes
 Rincon Del Sol won two awards – Best Planning, Circulation and Livability under $500,000 and the second award for best exterior character under $500,000.
It’s a perfect time to buy a BT Home. In September, BT Homes will pay for appliances and window coverings up to $10,000 !
Take advantage of these limited offers as Phase 1 is 50% sold out.
Tip of the Day – Call mortgage broker Gary Miller, Complimentary financial pre-qualification, 505-920-4180.
"Create Wealth Through Santa Fe Real Estate”
Call Broker Atwell Now, 505-670-2177
 Click here to search the MLS.
Santa Fe Properties for Sale
 Cruz Blanca Court, Santa Fe, b2004, 3986 sqr/ft, 3 bedroom, 3 bath, 3.3 acres, $1,900,000 – price reduced
Click image at right to view more information and an online video clip
 6433 Cerros Grandes Dr, Santa Fe, b 2004, 2106 sqr/ft, 4 bedroom, 3 bath, .29 acre, $325,000 – price reduced
Listing Tips
- Complimentary
 Home Market Analysis
- Complimentary Pre Listing Package
- Strategic Internet Presence
- Proven Marketing Campaigns
- Consistent and Responsive Communication
- Pricing and Negotiation Strategies
- Seller Tips, see http://www.santafeone.com/articles/sellers.html
Real Estate benefits versus Stock benefits
- Real estate is far less volatile than the stock market.
- Real estate has superior tax benefits.
- Real estate can generate significant cash flow.
- Real estate allows investors a high degree of leverage with lower risk.
- Real estate appreciates because housing is a universal need, long term growth trend as populations grow and resources shrink.
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Statistics
Santa Fe Association
of Realtors
2007
Second Quarter
Santa Fe Area
Existing and new single family detached
home sales:
City of Santa Fe (MLS codes)
Northeast, 01
16 sold, median price $850,000
Northwest, 02
10 sold, median price $373,125
Southeast, 03
31 sold, median price $625,000
Southwest, 04, 04N, 04S, 13
85 sold, median price $275,000
Total City of Santa Fe
142 sold, median price $354,125
Santa Fe County
North, 15, 16
11 sold, median price $625,000
Northwest, 24, 25
43 sold, median price $815,000
Southeast, 05, 07, 08, 10, 14, 26
53 sold, median price $475,000
Southwest, 06, 11,12, 27
48 sold, median price $380,000
Eldorado, 14
29 sold, median price $411,000
Total Santa Fe County
197 sold, median price $425,000
Condo/Townhome City and County
85 sold, median price $311,250
Duplex, Xplex City and County
6 sold, median price $702,500
Mobile/Manufactured City and County
7 sold, median price $190,000
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, American Capital Mortgage, 505-920-4180, gary@acmsantafe.com
Steve Coffman, New Mexico Bank and Trust, 505-946-2524, scoffman@nmb-t.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
RE/MAX Capital 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!
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