Common Appraisal Myths in the Home Buying Process Originally Posted by: Kaplan Appraisal Education Appraisals play one of the most important roles in the home buying process and understanding its function is crucial in today’s real estate market. Appraisals are needed for any real estate transaction that involves a loan of $250,000 or more from a federal institution. Despite their … Continue reading →
Q2 Market Report for Santa Fe County Stats are in for the Q2 Market Report for Santa Fe County. Here is what the home buying/selling market looks like: Original Asking Price vs. Selling Price Original Asking Price vs. Selling Price Housing Inventory Average and Median Sales Price Average Selling Price per Square Foot … Continue reading →
New Home Just on the Market: 142 Avenida Frijoles I just toured a new home just on the market : 142 Avenida Frijoles that I really like and am actively seeking a buyer. Here are some of the stats: New Construction to be completed this month! Tasteful contemporary free standing home in the convenient and desirable Aldea subdivision. Built by … Continue reading →
Listing Broker MUST be Present for All Showings? Every broker has seen this “warning” in a MLS listing. It may be the “demand” of a Seller….or it can be what the listing broker has touted to a Seller as a “featured service” . The successful sale of a home is directly correlated to PRICING, MARKETING, and ACCESSIBILITY. Many sellers require … Continue reading →
Where the Priciest, Cheapest New Homes Are Since construction is definitely on the rise in Aldea, I thought my readers would like to know about housing starts across the country. How do we compare here in Santa Fe? New construction for an upscale home starts at $250 per square foot on up. Homes starts in Las Companas start at $300 … Continue reading →
Drones and Real Estate News Update: The FAA’s Cease-And-Desist Orders to Drone Pilots Are Bogus, Appeals Court Rules Read the current information from the National Association of Realtors » July 18, 2014 // 04:47 PM EST Flying drones for search-and-rescue purposes is legal, and all the cease-and-desist orders the government has sent drone pilots are bogus, an appeals court judge ruled … Continue reading →
Eco Lifestyle And Home July Newsletter – Success Dear Friends, Clients, Business Associates and Neighbors, July’s theme for our Eco Lifestyle and Home News is Success. Success is often defined as “The accomplishment of one’s goals. The attainment of wealth, position, and honors.” Where does happiness & joy come in? Does one have to wait to achieve the end goals … Continue reading →
Nationwide Housing Preference Trends The below article helps put into perspective of where we are as a society and what we wanting in regards to housing trends. “Walkable communities, down scaling of homes in size, but not lifestyle, healthy lifestyle, and a willingness to pay a premium for services & lifestyle in a walkable community. Aldea when we are fully … Continue reading →
Best Places to Make a Living I like to start with the positive. The best places to make a living has just been posted at money-rates.com It is an interesting read. To summarize I l submit the best and the worst states to make a living. Note that New Mexico, know for its vacation, retirement & second home communities, ranks … Continue reading →
Wild Sage Casita #21 Available Now, 1-2 Month Rentals Available July 1, 2014 Casita #21 Features: Furnished 1 Month to 2 Months Wild Sage Casita #21 Available Now Charming studio casita, 535 sq.ft. Fully-equipped kitchen Queen Bed Brick floors Gas burning wood stove Large wood vigas Walk-in closet Wood ceiling Large shower Internet cable Cable TV ready Casita 21 Rates: … Continue reading →
Home Sales Inventory of Homes Are Down From Last Year Just sharing a recent article in the New Mexican: Posted: Monday, June 23, 2014 7:00 pm | Updated: 10:29 pm, Mon Jun 23, 2014. Bruce Krasnow “Barker Realty’s Santa Fe Real Estate Market News for May indicates that both closed residential home sales and the inventory of homes for sale … Continue reading →
Abundance: The Future Is Better Than You Think When you hear something that inspires you, you want to share it with the world. Peter Diamandis presented a talk on abundance at Ted.com and really gives one pause to re-think where we are heading and inspires one to action. In a world where there are so many headlines in the news … Continue reading →
What’s Really Going On…. This is an interesting read and adds a different spin on the housing market. The ups and the downs are a given in the economy and in real estate. Where does your home value stand today? Worth more than when you purchased it or worth the same or worth less? One Of The Best Housing Pundits … Continue reading →
Property Flaws That Turn Off Buyers As a listing agent, my job is not to try to make my listings be all things to all people—but I do want it to appeal to enough buyers that I get at least one great offer in a reasonable amount of time for my seller. I also do not want my listings to … Continue reading →
Eco Lifestyle And Home June Newsletter – Consciousness Dear Friends, Clients, Business Associates and Neighbors, June’s theme for our Eco Lifestyle and Home News is Consciousness. Consciousness is the quality or state of self-awareness, of being aware of an external object or something within oneself. It has been defined as: sentience, awareness, subjectivity, the ability to experience or to … Continue reading →
Best Places to Retire 2014 I am always seeking “home” and so far Santa Fe is the closest I have felt to finding home. I love the food, the four seasons, the “Santa Fe style architecture”, the variety of cultures and the beautiful landscapes. So an article on the best places to retire peeks my interest in finding home. “When … Continue reading →
The Consequences of Non-Competitive Listings Part 2 The Dangers Of Overpricing Market value is a tricky number, because comparable-sales data do not always provide a good guide to a home’s value. Nearby homes that have sold in the past six months or so may be quite different from yours in appearance or condition, and there may be too few recent … Continue reading →
The Consequences of Non-Competitive Listings Below is an article sent to real estate agents about the dangers of overpricing listings. In the next posting, The Consequences of Non-Competitive Listings Part 2, I write an article with my advice to agents and to sellers about overpricing. Pricing 101: A Lesson for Real Estate Agents by Rich Casto Right now it is … Continue reading →
Biggest Home Seller Mistakes Home Seller Mistakes: Real Estate Agents Rank Biggest Home Seller Mistakes Written by ActiveRain Real Estate Network Education & Training with ActiveRain A recent survey of real estate agents by ActiveRain has confirmed that there are certain things a seller should avoid if they are trying to get their home sold for the best price in … Continue reading →
Warren Buffet worried about housing, should we be too? I just read this article after posting 2 articles on the market trend in Santa Fe & Aldea. This article makes me a bit nervous for the future. So with all the pundits, it comes down to real estate is an investment. Investments go up and go down… that is a … Continue reading →
Aldea May Market Report So you might have read my Santa Fe May Market Report by now and here is the current Aldea May Market Report for the first quarter of the year. There are 3 homes pending sale with days on the market ranging from 12 to 301. Since the start of this year, 7 homes sold with days … Continue reading →
Market Report May 2014 The Santa Fe area residential market report May 2014, was off to a slow start as usual in the fist quarter. I hear that many real estate agents take the few months off at the first of the year. I have not figured out how to do this, however. While the market is slow, there is … Continue reading →
Eco Lifestyle And Home May Newsletter – Joy Dear Friends, Clients, Business Associates and Neighbors, May’s theme for our Eco Lifestyle and Home News is Joy. Joy is the feeling of great pleasure. You know when you feel it, as it is pure delight, jubilation. Joy comes from triumph, exultation, rejoicing, gladness, glee, exhilaration, exuberance, elation, euphoria, bliss, ecstasy and … Continue reading →
Louis Bacon Tries to Turn Around Taos Ski Valley Taos Ski Valley Properties Selling. Local real-estate agents call it the “Bacon bounce”: Property sales at Taos Ski Valley, a rugged resort with European flair in the mountains of New Mexico, have multiplied since December, when New York hedge fund founder Louis Bacon said he was buying the ski area from … Continue reading →
