Marion Skubi April 2012 Sales YTD Avg List Price Avg Sale Price 2011 Sales Value of the Month Las Campanas 13 1,059,377 968,957 18 Northwest County 34 638,324 603,221 40 Northeast City 47 713,686 648,698 43 Tesuque 15 659,393 614,300 4 Santa Fe City 284 411,369 382,912 230 Santa Fe County (includes city) 475 435,569 407,106 399 Go … Read more
From RealTrends.com: We’re not even a third of the way through the year, and already the story with housing has changed at least a couple of times.
From RealTrends.com: Pending home sales increased in March and are well above a year ago, according to the National Association of Realtors.
Mortgage lenders aren’t rolling out the red carpet on home loans just yet, but with fewer delinquencies and defaults, there’s optimism as looser credit for home loans has become a topic of board room chatter.
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March 2012 Sales YTD Avg List Price Avg Sale Price 2011 Sales Value of the Month Las Campanas 9 979,322 886,167 11 Northwest County 20 682,530 646,925 26 Northeast City 33 779,798 698,615 30 Tesuque 12 717,992 659,292 4 Santa Fe City 200 435,219 404,323 170 Santa Fe County (includes city) 330 445,941 415,214 281 Go … Read more
From RealTrends.com: The housing market started the new year with a thud. Home prices dropped for the fifth consecutive month in January, reaching their lowest point since the end of 2002.
From RealTrends.com: Housing will take center stage this week as several economic reports on housing prices, sales and construction are due out. Any signs that the real estate market is rebounding could keep the stock market rally going.
From RealTrends.com: Low interest rates and weak new mortgage volume continue to depress revenue at U.S. banks as the housing market begins tentative steps toward recovery, according to Standard & Poor’s.
From RealTrends.com: Housing affordability conditions have reached the highest level since recordkeeping began in 1970, according to the National Association of Realtors®.
NAR’s Housing Affordability Index rose to a record high 206.1 in January, based on the relationship between median home price, median family income and average mortgage interest rate. The higher the index, the greater the household purchasing power.
