Thursday, March 28, 2013

Wednesday, March 27, 2013

Home prices: Biggest rise since housing bubble


NEW YORK (CNNMoney)

Home prices continued their recovery, rising 8.1% in January, although a separate report showed a slight slowdown in new-home sales.


The S&P Case-Shiller index, which tracks the 20 largest markets in the nation, showed the biggest year-over-year gain in prices since June 2006. Read More...

Sunday, March 17, 2013

5 Best Markets to Buy a Home

Santa Fe is a small, affluent area with a vibrant arts scene and a heavy reliance on tourism.



Because of its small size -- the city's population is less than 70,000 -- and the fact that a large percentage of its housing stock is used as vacation homes, "you see greater market fluctuations there than most places," said Errol Samuelson, president of Realtor.com. Read More...

Wednesday, March 13, 2013

Study: 90 percent of homebuyers searched online when hunting for a new home

A new collaborative report by Google and the National Association of Realtors (NAR) has uncovered some interesting trends and insights into the ways digital media is used in the home buying process.

Find a home in Santa Fe, New Mexico - Search the Santa Fe MLS

One of the most eye-catching statistics included in the report is that 90 percent of American homebuyers used online resources while searching for a new home.  Read More...


Friday, March 08, 2013

Household Worth in U.S. Rises by $1.17 Trillion on Housing


Household wealth in the U.S. climbed in the fourth quarter to the highest level in five years, propelled by a gain in home prices that is helping repair family finances.
Net worth for households and non-profit groups increased by $1.17 trillion from October through December, or 1.8 percent from the previous three months, to $66.1 trillion, the Federal Reservesaid today from Washington in its flow of funds report. It was the highest since the fourth quarter of 2007.  Read More...

Wednesday, March 06, 2013

Forward Momentum in the Real Estate Market - Santa Fe - Live, Work, Play, Stay

Forward Momentum in the Real Estate Market - Santa Fe - Live, Work, Play, Stay

Home Prices Rise 9.7%

Home prices as measured by the CoreLogic Home Price Index (HPI) had the largest annual increase in January that it had experienced since April 2006.  The January number was up 9.7 percent from January 2012 and represented the 11th consecutive month the HPI, which includes distressed sales, increased from its level one year earlier. The index was up 0.7 percent from December.  All but two states, Delaware and Illinois are experiencing year-over-year price gains. 

Find your home in Santa Fe, NM.


The HPI which excludes distressed sales was up 9.0 percent compared to one year earlier and 1.8 percent from December.  There were no states in which prices of homes, excluding distressed sales, i.e. lender-owned real estate (REO) or short sales, declined on an annual basis.  Read More...

Saturday, March 02, 2013

Annual Home Values Rise 6.2 Percent Nationwide in January

Zillow’s release of our January Real Estate Market Report indicates national home values rose to $158,100, up 0.7 percent from December. This rise marks the 15th consecutive month of national home value gains, indicating a resilient housing market. Home values grew 6.2 percent year-over-year, the largest annual gain since July 2006 (7.5 percent). 



Annual home value appreciation was widespread last month, with gains in all of the 30 largest metro markets covered by Zillow. One-third of the top 30 metros boasted annual appreciation rates above 10 percent, led by Phoenix (21.9 percent), San Francisco (17.2 percent) and San Jose (16.8 percent). Los Angeles, with a 9.7 percent annual appreciation rate, just missed the cut. Monthly home value gains in January were measured in 27 of the top 30 metros. St. Louis and Orlando depreciated, while Baltimore remained flat. Read More...

Thursday, February 28, 2013

5 Reasons You Should Buy a Home NOW! by THE KCM CREW on FEBRUARY 4, 2013 · 2 COMMENTS

Many potential buyers are waiting until they can be 100% sure the real estate market has fully recovered before making the move to purchase a home. Here are five reasons why waiting might not make sense any longer: Read More...

Buy a home in Santa Fe, NM - Search the Santa Fe, NM MLS


Wednesday, February 27, 2013

10 Signs We're Not In Another Real Estate Bubble (Part 1)

Over at Yahoo! Finance, the headline for one of the most popular articles screams, "Housing Already Shows Signs of a New Bubble." The exact same sentiment is being shouted from the rooftops at Forbes, too: "Home Builders Could Become Heartbreakers Again."

Find a home in Santa Fe, NM

We're less than one year into a legitimate recovery in prices, and already the pundits can't help but sound the alarm about another possible "bubble"? Give me a break! Forget Rodney Dangerfield, the residential real estate rebound gets "no respect." Don't worry. We're nowhere close to another peak. Nor has the profit potential for housing-related investments suddenly vanished. Here are 10 hard facts to prove it…Read More...