Spring Thaw

Spring is here and the tremendous amount of snow we received this winter is starting to melt. As the water trickles down, it fills the area rivers and streams. It's only a matter of time before this peaceful looking river will become a raging torrent!

Kind of the same picture of buyers in our current Santa Fe, NM real estate market. Slowly, they're trickling into our market. But the real question is, will there be a flood of buyers taking advantage of low prices and cheap interest rates?

While I don't see there being a raging flood of buyers, I have seen a lot more activity in our market - properties going under contract, more active buyers at open houses, more showings on my listings. Just recently, I wrote two offers in one day! Have not seen that in a long time.

I hope that this is a good indication that we'll have a lush market this summer. So even though the snow has been piled high, things are starting to give way to water which is life. In Northern New Mexico, a good spring run-off often means a lush, bountiful summer. Let's hope that holds true for our real estate market. There's still a lot of work to be done, but results are starting to show. Have a great spring!