News
Is A Balanced Market Coming Soon?
Are We Heading into a Balanced Market? If you’ve been keeping an eye on the housing market over the past couple of years, you know sellers have had the upper hand. But is that shifting now that inventory is growing? Our local Santa Fe ma...
Two Housing Trends To Watch NOW!
Two Housing Trends to Watch 👀Now! Two key housing trends have emerged this week: Mortgage Purchase Index: Increased by 9% compared to the same week last year, indicating more buyers are entering the market. New Listings on...
Top Secrets To Selling Your Santa Fe Home
Secrets To Selling Your House Quickly Seeing your house sit on the market without any bites is the ultimate frustration. And unfortunately, some Santa Fe Sellers are in that tricky spot today. According to data from the National Associa...
FAQ: Mortgage Interest Rates Now Lowest In 1.5 Years!!
Mortgage rates have hit their lowest point in over a year and a half. And that’s big news if you’ve been sitting on the homebuying sidelines waiting for this moment. Even a small decline in rates could help you get a better monthly p...
FAQ:2024 Elections Impact On Housing Market
It’s no surprise that the upcoming Presidential election might have you speculating about what’s ahead. And those unanswered thoughts can quickly spiral, causing fear and uncertainty to swirl through your mind. So, if you’ve been cons...
Mortgage Interest Rates: Down Nearly 1% Since May!
Are You Still Waiting? Rates Down Nearly 1% since May 2024! You won’t find anyone who’s going to argue that mortgage interest rates have had a big impact on housing affordability over the past couple of years. But there is hope on the ...
FAQ: Nearly 50% of Santa Fe Homes Have Price Drops!
Today, the Santa Fe market is shifting in part due to the lag effect of consistently high mortgage interest rates and the expectation of a future interest rate cut. Over the past several months, the inventory of homes, condos and townhomes ...
What Does Weaker Employment News Mean For Interest Rates?
News August 21, 2024: As reported on CNBC, based on (delayed) data from the Bureau of Labor Statistics (BLS), the U.S. economy created 818,000 fewer jobs than initially reported from April 2023 to March 2024, leading to significant revision...