Michael Morgner, CRS, Santa Fe Properties, Inc. - Santa Fe, New Mexico http://santafeproperties.com





Monday, April 20, 2009

Spring Snow Storms

Spring time in New Mexico! You just never know what the weather will do. Last Monday, I thought that I had skied my last run at Ski Santa Fe by hiking up (ski area closed April 5th) and skiing the fresh foot and a half of snow they received. Then, another storm rolled through on Friday and dumped another foot of powder. Just too much to resist, so hiked up again with a few friends and, as you can see from the picture, had a great run down Parachute.

The local real estate market is kind of like the weather, somewhat unpredictable, but exciting none-the-less.

There seems to be a bit of a positive shift in the market with buyer confidence gaining ground. With tax day behind many buyers, they are getting out and about and taking advantage of low prices, good selection and low interest rates. Showing activity is up on my residential listings, but land is still very, very slow.

The second home segment of the market is lagging behind, so prices are more negotiable than they have been in the past. So if you're considering a second home, now is a great time to cut a deal.

Santa Fe offers a great quality of life, a lot to do for the active lifestyle, incredible weather, world-class dining, culture and natural beauty. What more could you want? Live your dream!

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