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Archive for March 1st, 2010
Lastest Edition of the Marion Skubi Group Newsletter is Here!
Monday, March 1st, 2010February 2010
Monday, March 1st, 2010|
February 2010
|
Sales YTD | Avg List Price | Avg Sale Price | 2008 Sales | Value of the Month |
| Las Campanas | 4 | 1,048,500 | 939,500 | 5 |
No Listings FoundSorry, no listings matched your search. |
| Northwest County | 7 | 597,629 | 564,071 | 6 |
No Listings FoundSorry, no listings matched your search. |
| Northeast City | 27 | 761,533 | 711,075 | 9 |
No Listings FoundSorry, no listings matched your search. |
| Tesuque | 0 | – | – | 0 |
No Listings FoundSorry, no listings matched your search. |
| Santa Fe City | 145 | 463,264 | 435,854 | 121 |
No Listings FoundSorry, no listings matched your search. |
| Santa Fe County | 159 | 451,796 | 424,015 | 124 |
No Listings FoundSorry, no listings matched your search. |
NAR: Existing-Home Sales Rise 11.5%
Monday, March 1st, 2010From Inman.com: Sales of previously owned homes rose 11.5 percent year-over-year in January, to a seasonally adjusted annual rate of 5.05 million units, up from 4.53 million units in January 2008. January sales fell from a rate of 5.44 million in December 2009, the National Association of Realtors reported.
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Interest Rates to Remain Low
Monday, March 1st, 2010From RealTrends.com: Investors breathed a sigh of relief Wednesday when Federal Reserve Chair Ben Bernanke told Congress that interest rates are likely to remain low for an extended period. The economy, he said, “still requires support for recovery.” Investors see these low rates as a boon to a recovery of employment and business. Bernanke’s announcement also took the edge off the news Wednesday that housing sales hit a new low in January. “Even though nothing he said was particularly new, it was just enough to calm the ruffled feathers that were out there,” said Jim McDonald, chief investment strategist at Northern Trust in Chicago.
Source: The Associated Press, Tim Paradis (02/24/2010)
