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For
the second month in a row, we have seen a sharp decline
in Single Family homes both in the City and the County.
At the same time, we have seen a sharp increase in
Median Prices. What that is telling me is that even
though fewer people are buying homes these days, those
that are buying are relatively well
heeled.
With
financing for condos back in place, condo sales have
picked up quite dramatically, almost doubling compared
to condo sales for November
2009.
The
key point to keep in mind is that home prices are at an
historic low and so are interests rates. For those who
can get financing or have cash on hand, this is a great
time to buy. Please call us at Shalizi Real Estate
should you have any questions.
Baro
Shalizi
Gail
P. Samota, an Associate Broker with Shalizi Real Estate,
was recently awarded the Graduate Realtor Institute
(GRI) designation by the Realtors Association of New
Mexico (RANM). Realtor Samota is a member of RANM
and the Santa Fe Association of Realtors and had to
complete at least 90 hours of classroom instruction
covering subjects such as Contract Law, Professional
Standards, Sales and Marketing, Finance and Risk
Reduction. The designation indicates to the public
that Gail P. Samota has obtained a professional
educational foundation on which to base the services she
provides.
Congratulations
Gail!
Three
Reasons to Sell Your Home SOON!
Sales
Decline Following Two Monthly Gains
Existing-home
sales retreated in October on the heels of two strong
monthly gains. Existing-home sales declined 2.2 percent
to a seasonally adjusted annual rate of 4.43 million in
October from 4.53 million in September, and are 25.9
percent below the 5.98 million-unit level in October
2009, when sales were surging prior to the initial
deadline for the first-time buyer tax credit. "The
housing market is experiencing an uneven recovery, and a
temporary foreclosure stoppage in some states is likely
to have held back a number of completed sales," says NAR
Chief Economist Lawrence Yun. "Still, sales activity is
clearly off the bottom and is attempting to settle into
normal sustainable levels."
Realtors
Association of New Mexico on-line news 30 November
2010
CATCH
UP WITH THE LATEST NM CENTENNIAL NEWS HERE.
"Mixed
Readings on Residential Real Estate"
Read this article by Paul Weiderman from
the Santa Fe New Mexican's magazine Santa
Fe New Mexican - Home
_______________________________________________________________________________
All of us at
Shalizi Real Estate want to wish you and your loved ones
a very happy and healthy holiday season and the best of
new years!
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Baro
K. Shalizi
Qualifying Broker
ABR,
CIPS, CRS, e-PRO, GREEN, GRI
shalizi@aol.com
Cell:
505-670-8431
Office: 505-474-4203 |
Gail
P. Samota
Associate Broker
e-PRO,
GREEN, RSPS, TRC, GRI
mailto:gail@gailsamota.com
Cell:
505-603-5450
Office:
505-474-4203 | |
Shalizi Real
Estate | 2199 Candelero Street | Santa Fe, NM 87505
(505)
474 4203 | www.ShaliziRealEstate.com |
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