for the May statistics
from the Santa Fe Association of REALTORS.
The news continues to be good. Single family sales
in the City have improved May 2010 to May 2009, 42 to 32
respectively. Median prices have also jumped from
$304,628 to $432,000 and volume went up from $13,586,824
in 2009 to $17,925,063 in 2010. Of the 42 sales, the
largest portion, by far, 25 sales were in the lower end,
median sale price of $205,000. This is a reflection of
the First Time Home Buyer Tax Credit which ended on
April 30th, 2010 and we see the closings in May and
perhaps some in early June.
In the County, we see even more improvement as
sales in May 2010 rose to 58 units compared to only 32
in May 2009. Volume also rose dramatically from
$17,570,193 in 2009 to $31,414,625 in 2010. Median price
however, dropped nominally from $441,250 May
2009 to $404,975 in May 2010.
Let's hope the trend continues upward.
Below are two
articles, one about the stock market and one about
the Real Estate Market. Paying attention to the
tone and content of the two articles, one wonders
who owns the media. I leave it to you to
RISMEDIA, May 26,
2010—Existing-home sales rose again in April 2010
with buyers motivated by the tax credit, improving
consumer confidence and favorable affordability
conditions, according to the National Association
of Realtors. Existing-home sales, which are
completed transactions that include single-family,
townhomes, condominiums and co-ops, increased 7.6%
to a seasonally adjusted annual rate of 5.77
Check out this website
for fun facts about New Mexico.
Your kids will like it too!
What did I do when I was in a situation, I needed a
house, and the market was down?
I called Baro Shalizi of course. I told him what I
wanted and knew he could
find it. Dollar amount. Neighborhood. Bedrooms and
baths. Yard for the dog and space for grandchildren. An
office, a spare room and room for friends, even a
garage. He never gave up! He found me a home.
Patient; ever patient and diligent that’s
I work for
Baro and I worked with Baro to
find a new home when I needed to move. He worked hard
for me and he will work hard for you.
You won’t find a better person to help you find
your new home. Honest, ethical, smart and sensitive,
CIPS, CRS, e-PRO, GREEN, GRI
GREEN, RSPS, TRC
Estate | 2199 Candelero Street | Santa Fe, NM 87505|
474 4203 | www.ShaliziRealEstate.com