Rising high above the city of Santa Fe like a crown of jewels sit’s the Sangre de Cristo Mountains.
Sangre de Cristo is Spanish for “Blood of Christ” .
The level of equity homeowners have is at an all-time high. According to the U.S. Census, over 38% of owner-occupied homes are owned free and clear, meaning they don’t have a mortgage. Those with a mortgage are seeing their equity skyrocket too.
I get calls every day from folks who want to own real estate in Santa Fe. They say they were here over the weekend, or they visited a couple of years ago during Fiestas, or they have a cousin who lives here and they really want to think about getting back for a visit.
There’s a lot of discussion about affordability as home prices continue to appreciate rapidly.
Some Highlights
There are a lot of misconceptions about buying or selling a home today, making it challenging to know exactly how to navigate the current real estate landscape.
Here’s a little clarity when it comes to 5 common myths about the 2021 housing market.
We have all seen the headlines that report that buying a home is less affordable today than it was at any other time in the last ten years, and those headlines are accurate.
Whether you’re buying your first home or selling your current house, if your needs are changing and you think you need to move, the decision can be complicated.
Spring is almost here, and many are wondering what it will bring for the housing market. Even though the pandemic continues on, it’s certain to be very different from the spring we experienced at this time last year.
Today’s homebuyers are faced with a strong sellers’ market, which means there are a lot of active buyers competing for a relatively low number of available homes. As a result, it’s essential to understand how to make a confident and competitive offer on your dream home.
Copyright© 2024 Bunny Terry, Real Broker
Licensed in New Mexico.
All information provided is deemed reliable but is not guaranteed and should be independently verified. Properties subject to prior sale or rental.
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