Archive for August 5th, 2010

“America’s Strongest Housing Markets in 2014″

Thursday, August 5th, 2010
St. Francis CathedralSt. Francis CathedralPlease visit http://www.businessweek.com/lifestyle/content/aug2010/bw2010082_282258.htm
to view the Bloomberg Article on “America’s Strongest Housing Markets in 2014″ and how Santa Fe fits in to that equatio
Santa Fe CathedralPlease visit the links below to view the Bloomberg Article on “America’s Strongest Housing Markets in 2014″ and how Santa Fe fits in to that equation.

New Mexico

Biggest home price increase projected in 2014: Santa Fe metro

Forecast 4-year price increase: 25.8 percent

Current median price: $197,601*

Prices to reach trough in: 2010 Q3

Median family income: $64,300

Population: 147,530

Fiserv and Moody’s Economy.com expect prices in Santa Fe to drop a total of 13.4 percent from their height in 2007. Lois Sury, president of the Santa Fe Association of Realtors, states in a release that median prices fell during the second quarter, but homes are moving across all price ranges. Sales in the city and county of Santa Fe rose 40 percent during the second quarter, compared with the same period last year, according to the association.

Moo Thorpe (505) 780-0310  •  Chris Haynes (505) 660-6121  •  Jennifer Gallagher (505) 660-8793  •  SantaFeTeam@SothebysHomes.com
Sotheby's International Realty 326 Grant Ave, Santa Fe, New Mexico 87501
Santa Fe Real Estate | Listings updated every 15 minutes

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