If you haven’t already heard, homebuyers are now regaining some negotiating power in today's Santa Fe market. And while that doesn’t make this a buyer’s market, it does mean buyers may be able to ask for a little more. Especially, sin...
Mortgage rates are dropping fast. Will potential homebuyers jump at newly cheaper payments? Or, will they wait to see if rates drop further before taking action?
Mortgage rates today are now the lowest they’ve been in over a year. La...
What Every Homeowner Should Know About Their Equity
Curious about selling your home? Thinking about a possible move to downsize or new neighborhood? Understanding how much equity you have is the first step to unlocking what you can afford ...
How the Economy Impacts Mortgage Rates
As someone who’s thinking about buying or selling a home, you’re probably paying close attention to mortgage rates – and wondering how you can finally afford your next move or refinance your m...
On July 12, 2024, the Santa Fe Association of Realtors reported this news about our local Santa Fe housing market.
County home sales dropped by 18.2% in the 2nd Quarter from 176 units sold in 2023 compared to 144 units in the same quarte...
Now, more than ever, having the right home insurance is essential. But with rates on the rise, how do you ensure you're getting the best coverage without breaking the bank? Let's explore the ins and outs of home insurance and uncover some s...
The Biggest Mistakes Buyers Are Making Today
Buyers face challenges in any housing market – and 2024 is no different, even in our city different, Santa Fe market. Why? Santa Fe is a destination market. New Mexico’s Land of Enchantment ...
Freddie Mac (OTCQB: FMCC) today released the results of its Primary Mortgage Market Survey® (PMMS®), showing the 30-year fixed-rate mortgage (FRM) averaged 6.95 percent.
“Mortgage rates continued to fall back this week as incoming da...
Tired of Waiting...Are You Ready to Sell or Buy a Santa Fe Home This Summer.
Summer is a busy season in our Santa Fe, NM housing market because a lot of people buy and sell this time of year. So, if you’ve got a move on your mind and you...
The insider Real Estate Inman News reports that national home prices hit another all-time high during March, according to the S&P CoreLogic Case-Schiller Indices. The National Home Price NSA Index jumped 6.5 percent in March from a year...