Marion Skubi Reprinted from National Association of Realtors – DAILY REAL ESTATE NEWS | WEDNESDAY, DECEMBER 02, 2015 Do signs point to another housing boom? Perhaps — home sales are poised to zoom to the highest levels since 2006 next year, according to a 2016 housing forecast issued by realtor.com®. Gains in new-home construction and existing home … Read more
Reprinted from the National Association of Realtors News & Commentary: Daily News Articles Purchasing a home for the first time is one of the most exciting and important decisions someone can make. Making a mistake in the process can be devastating. However, most first-time home buyer mistakes are easily avoidable with a little bit of … Read more
A national and local look at how the vacation- and second-home market is faring. By Gayle Bennett – Reprinted from The Real Estate Specialist Pearson expects 2015 to be another strong year in her area of Northeastern Michigan. “Finally people downstate can sell for more money, and they can move upstate and buy so much more … Read more
A national and local look at how the vacation- and second-home market is faring. By Gayle Bennett – Reprinted from The Real Estate Specialist Getting Away From It All Vacation homebuyers tend to want some distance between their second houses and home bases, with 200 miles being the median. 5 miles or less 5% 6-10 miles … Read more
A national and local look at how the vacation- and second-home market is faring. By Gayle Bennett – Reprinted from The Real Estate Specialist According to the NAR second-home survey, 33 percent of vacation homebuyers plan to use their property for vacations or retreats, 19 percent plan to convert their vacation home into their primary residence … Read more
A national and local look at how the vacation- and second-home market is faring. By Gayle Bennett – Reprinted from The Real Estate Specialist While 2014 was a strong year for sales, the overall median price of vacation homes slipped 11 percent to $150,000 from $168,700 in 2013. NAR attributes that decline to increases in condo … Read more
August 2015 Sales YTD Avg List Price Avg Sale Price 2014 Sales Value of the Month Las Campanas 40 997,743 939,565 38 Northwest County 77 641,984 616,120 78 Northeast City 122 710,545 674,535 117 Tesuque 15 996,133 914,081 18 Santa Fe City 456 511,463 486,499 393 Santa Fe County (includes city) 1031 476,262 458,039 951 Go … Read more
A national and local look at how the vacation- and second-home market is faring. By Gayle Bennett – Reprinted from The Real Estate Specialist Last year was a banner year for second-home sales, which traced a steep incline in the upward trend line that has been lengthening since the housing recovery began. Nationally, an estimated 1.13 … Read more
