Rachele Griego 
When shelter-in-place orders brought the economy to a screeching halt earlier this year, many believed the residential housing market would follow suit. Countless analysts predicted buyer demand would disappear and home values would depreciate for the first time in almost a decade. That, however, didn’t happen. It appears the opposite is taking place. After the …
By Teya Vitu tvitu@sfnewmexican.comJul 20, 2020 Santa Fe County had the highest median home sales price in the state in June, and New Mexico had its highest statewide median sales price of $231,000 since the New Mexico Association of Realtors started keeping statistics in 2008. Santa Fe’s median price was $415,000, far ahead of $368,000 …
Even with the challenges presented by COVID-19, real estate continues to be a bright spot in the New Mexico economy. “June 2020 sales numbers reported to the New Mexico Association of REALTORS (NMAR) surpass those reported for June of 2019 and reflect pent-up demand and continued low mortgage interest rates,” according to James Russ II, …
Elevate movie night at Albuquerque Balloon Fiesta Drive-In, view Windows on the Future, make pottery for a cause, listen to Sol de la Noche, and find your flow. Above: Balloon Fiesta Drive-In shows a movie each night of the weekend. Photograph courtesy of Balloon Fiesta Drive-In. Head to the drive-in. Classic ways of having fun …
Inventory is arguably the biggest challenge for buyers in today’s housing market. There are simply more buyers actively looking for homes to purchase than there are sellers selling them, so the scale is tipped in favor of the sellers. According to the latest Existing Home Sales Report from the National Association of Realtors (NAR), total housing inventory is down …
WASHINGTON (July 22, 2020) – Existing-home sales rebounded at a record pace in June, showing strong signs of a market turnaround after three straight months of sales declines caused by the ongoing pandemic, according to the National Association of Realtors®. Each of the four major regions achieved month-over-month growth, with the West experiencing the greatest …
