A New Housing Boom

The long-battered housing market is finally starting to get back on its feet. But some experts believe it could soon become another housing boom.

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Signs of recovery have been evident in the recent pick ups in home prices, home sales and construction. Foreclosures are also down and the Federal Reserve has acted to pushmortgage rates near record lows. Read More...

Was 2012 a Better Year for Real Estate Than 2011?

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Jet Blue's coming to Duke City a boon for Santa Fe

No, Jet Blue airways is not flying to Santa Fe, but it will certainly increase the ease for New Yorkers who want to visit when airline service starts in April to Albuquerque.

Robert Painter who writes the World Traveler Insights Examiner blog is already setting the plate.

“Are you ready for the Santa Fe Opera?  Read More...

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Is it Time to Make Your Move?

Yearly Price Gains Continue into Offseason for Homebuying

Compared to 2011, home prices continued to show strong gains in October and posted their biggest yearly increase since June 2006, according to data from CoreLogic.

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Home prices—including distressed sale—climbed 6.3 percent higher year-over-year in October, marking the eighth consecutive month of yearly gains. Distressed sales include transactions for REOs and short sales. Read More...

8 Major Indicators All Confirm A Strong Recovery In US Home Prices

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Five Reasons Home Prices Have Been Rising

Home prices rose by 0.1% in September from the prior month and by 3.6% from one year ago, the largest such gain in six years, according to a report released Monday by Lender Processing Services. 

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Compared with one year ago, prices are up by 17.7% in Phoenix, the largest gain among the nation’s 40 largest metro areas. Other cities with notable year-over-year increases include Detroit (11.7%), Las Vegas (11.5%), San Jose, Calif. (11.3%), San Francisco (10%), and Sacramento (8.3%).  Read More...

Housing Market Propels Economy

The U.S. housing market, which plunged the economy into recession five years ago and was a persistent drag on the recovery, is now a key economic driver at a time when other sectors are slowing.

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Economists project U.S. gross domestic product growth will slow in the final three months of the year from the sluggish 2% annual rate in the third quarter. Read More...

Home prices: Biggest rise in more than 2 years

NEW YORK (CNNMoney) -- In another sign of a housing market rebound, home prices posted the biggest percentage gain in more than two years in the third quarter, according to the closely followed S&P/Case-Shiller index.

The 3.6% increase from a year earlier is more than three times the rise in the previous quarter and was the biggest jump in prices since the second quarter of 2010. But that 2010 rise was much more of a temporary blip caused by a homebuyer's tax credit of up to $8,000 on homes purchased in late 2009 and early 2010. Read More...

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5 Reasons to Love Santa Fe During the Holidays

There’s no question that Santa Fe is a wonderful place to live and visit. Our unique high desert city offers more artwork, food, music, shopping and recreation than we could ever begin to shake a stick at.  The City Different becomes especially magical during the holidays, though, inspiring visits from around the world. Here’s why we believe Santa Fe is the perfect place to spend your holiday season.  Read More...

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It's starting to look like ski season!

It's that time of year again...can't wait!!!

Northern New Mexico ski areas are relishing the snowfalls over the weekend, though they were scant.

So far, the earliest scheduled opening date for the season is Saturday, Nov. 17, at Sipapu, near Peñasco, where 5 inches fell over the weekend, adding to the resort’s artificial snowmaking efforts. Read More....

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NAR Economist: Home Prices to Rise 15% in 3 Years

ORLANDO—National Association of Realtors Chief Economist Lawrence Yun foresees U.S. home prices rising by 15% over the next three years, a boost for the beleaguered housing market.

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Mr. Yun is widely known for his optimistic forecasts, given his employer, the nation’s largest housing cheerleader. Still, any talk of rising home prices is welcome news. Home values have plunged a third or more from the peak, leaving millions of Americans underwater, or owing more than their mortgage, and unable to move. If their values increase, they might feel comfortable enough to buy a bigger home or retire to a smaller one, helping everyone from real-estate agents, who would earn a commission, to retailers selling everything from furniture to paint. Read More...

Housing Market Uptrend Expected Through 2014

The housing market recovery should continue through the coming years. Read More...

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America's Best Cities

Santa Fe does it again!  Voted #2 in the latest Travel and Leisure Poll.  Read More...

Americans Upbeat on Prospects for Home Prices

Americans continue to show growing confidence that home prices will increase over the next 12 months, offering another sign of a slow but steady housing recovery, according to Fannie Mae's FNMA -2.52% monthly national-housing survey.

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The mortgage-finance company said its poll of 1,001 Americans showed that consumers  expect home prices to increase an average of 1.7% over the next year. Read More...

CoreLogic: Home Prices Up 5% Annually, "Outpace Expectations"

Home prices increased 5 percent on an annual basis in September according to data released this morning by CoreLogic. The CoreLogic Home Price Index (HPI) which includes sales of distressed homes, indicate that September had the largest price increase in over six years and represented the seventh month when annual prices increased.  September's annual increase, however, was 0.3 percent lower than the annual increase in August.

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When distressed sales are excluded, home prices also increased on a year-over-year basis by 5 percent and increased month-over-month for the seventh consecutive month, increasing 0.5 percent compared to August.  Read More...

Where Are House Prices Headed?

by THE KCM CREW on NOVEMBER 5
We are often asked where we think home prices are headed over the next year. Recently, several groups have stepped forward and given their projections as to what level of appreciation we can expect by the end of 2013. Here is what they said:  Read More....

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Park the Pickup - Santa Fe by Bicycle

THE poet C. P. Cavafy said that a city changes when you fall in love with someone in it.  It can also change for less exalted reasons: when, for example, instead of sealing yourself in the personal microclimate of an automobile, you use a bicycle to get around. I happened to grow up in Oxford, England, a city, and country, where biking is a normal means of transport, no more a sport than bipedalism is. But it rains a lot, and I didn’t come away with a proper appreciation of the benefits of the bicycle. Read More...

Warren Buffett Just Made A Huge Bet On The US Housing Market Read more: http://www.businessinsider.com/warren-buffett-brookfield-asset-managment-housing-2012-10#ixzz2B57P5lzt

Perhaps the most bullish indicator for U.S. housing is Warren Buffett.

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The legendary investor has been buying up real-estate brokerages around the country as he bets on a housing turnaround. Now, he is partnering with Brookfield Asset Management, a Canadian real-estate investor, to more than double the size of his brokerage business.  Read more...

Top Reasons to Own a Home

Buyers all across the nation are making their dreams come true. They’re signing on the dotted line and grabbing hold of the keys to a family home.

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Despite record low interest rates and enticing pricing, many potential buyers are delaying the decision to buy. Read More...