Interest rates are still at historic lows in New Mexico. As you consider whether to buy your Santa Fe dream home it is helpful to see where the rates have been! From the chart below, you can see how easily affordable buying a home today is.

In Santa Fe, there are many potential homebuyers, and even sellers, who believe that you need at least a 20% down payment in order to buy a home, or move on to their next home.

So you’ve been searching for that perfect Santa Fe house to call a ‘home’ and you finally found one! The price is right, and in such a competitive market you want to make sure you make a good offer so that you can guarantee your dream of making this house yours comes true! Freddie Mac covered “4 …

Owning a home has great financial benefits. Because of this, more and more experts are growing concerned about the ramifications of a falling homeownership rate.

In many markets across the country, the amount of buyers searching for their dream homes greatly outnumbers the amount of homes for sale. This has led to a competitive marketplace where buyers often need to stand out.

Interest Rates Remain at Historic Lows… But for How Long?

The interest rate you pay on your home mortgage has a direct impact on your monthly payment; The higher the rate, the greater your payment will be.

There are many benefits to homeownership. One of the top ones is being able to protect yourself from rising rents and lock in your housing cost for the life of your mortgage.

Don’t Become Trapped
Jonathan Smoke, Chief Economist at realtor.

Brand new on the market this home is immaculate! located in the neat and clean Villa Sonata Subdivision, this home is perfect for a couple or family that desires to be close to all the conveniences Santa Fe has to offer.

Complete with 3 bedrooms, 2.

There are some people that have not purchased a home because they are uncomfortable taking on the obligation of a mortgage. Everyone should realize that, unless you are living with your parents rent free, you are paying a mortgage – either yours or your landlord’s.

Architecturally significant Contemporary Estate perched atop the highest point of an eastern mountain off the Old Santa Fe Trail.

This mountain top retreat enjoys seriously spectacular views which encompass the surrounding mountain ranges and city lights.