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Shalizi Real Estate
          
            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 í08 or í07). So yes, thatís 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, letís 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. Thatís 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 31st was the big day Ė 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


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