Santa Fe is Back!
May 4, 2009 by admin
Filed under Positive Real Estate
March 2009 proved to be a turning point for the sales and re-sales of homes in Santa Fe. Based on figures supplied by the Santa Fe Association of Realtors, for the first time in several years the sales for the city of Santa Fe and Santa Fe County in March of 2009 exceeded those same sales of the prior year 2008. The number of sales for March 2009 increased by 2.7 percent over March of 2008. Even more significant is the fact that there has been no increase in sales at all for the first quarter of any year since 2006, when an increase occurred compared to the first quarter of 2005.
Buyers are beginning to believe that by delaying their purchase decision even several weeks can result in two possibilities: higher prices and higher interest rates. If you have thought about a home in Santa Fe, it just doesn’t get better than NOW. Statistics are beginning to prove this logic.
Comments
Feel free to leave a comment...
and oh, if you want a pic to show with your comment, go get a gravatar!
You must be logged in to post a comment.