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Shalizi Real Estate
NOVEMBER 2010 STATISTICS
 
For the second month in a row, we have seen a sharp decline in Single Family homes both in the City and the County. At the same time, we have seen a sharp increase in Median Prices. What that is telling me is that even though fewer people are buying homes these days, those that are buying are relatively well heeled.
 
With financing for condos back in place, condo sales have picked up quite dramatically, almost doubling compared to condo sales for November 2009.
 
The key point to keep in mind is that home prices are at an historic low and so are interests rates. For those who can get financing or have cash on hand, this is a great time to buy. Please call us at Shalizi Real Estate should you have any questions.
 
Baro Shalizi
 
 


Gail P. Samota, an Associate Broker with Shalizi Real Estate, was recently awarded the Graduate Realtor Institute (GRI) designation by the Realtors Association of New Mexico (RANM).  Realtor Samota is a member of RANM and the Santa Fe Association of Realtors and had to complete at least 90 hours of classroom instruction covering subjects such as Contract Law, Professional Standards, Sales and Marketing, Finance and Risk Reduction.  The designation indicates to the public that Gail P. Samota has obtained a professional educational foundation on which to base the services she provides.
 
Congratulations Gail!
 
 


 
Three Reasons to Sell Your Home SOON!
 

Sales Decline Following Two Monthly Gains
 
Existing-home sales retreated in October on the heels of two strong monthly gains. Existing-home sales declined 2.2 percent to a seasonally adjusted annual rate of 4.43 million in October from 4.53 million in September, and are 25.9 percent below the 5.98 million-unit level in October 2009, when sales were surging prior to the initial deadline for the first-time buyer tax credit. "The housing market is experiencing an uneven recovery, and a temporary foreclosure stoppage in some states is likely to have held back a number of completed sales," says NAR Chief Economist Lawrence Yun. "Still, sales activity is clearly off the bottom and is attempting to settle into normal sustainable levels."

Realtors Association of New Mexico on-line news 30 November 2010
 
 


 
CATCH UP WITH THE LATEST NM CENTENNIAL NEWS HERE.
 
 


"Mixed Readings on Residential Real Estate"

Read this article by Paul Weiderman from the Santa Fe New Mexican's magazine Santa Fe New Mexican - Home
 
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All of us at Shalizi Real Estate want to wish you and your loved ones a very happy and healthy holiday season and the best of new years!
 
Baro K. Shalizi
Qualifying Broker
ABR, CIPS, CRS, e-PRO, GREEN, GRI
shalizi@aol.com
Cell: 505-670-8431
Office: 505-474-4203
Gail P. Samota
Associate Broker
e-PRO, GREEN, RSPS, TRC, GRI
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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