Real Estate Blog

Santa Fe has been on the upswing of demand for several years. In all honesty, for several decades. It started with the artist movement in the early 1900s (and the incomparable Georgia O’Keefe) and has generally continued since excepting the occasional downturn.

 

People often ask about home prices in Santa Fe.  I have to admit, it is an expensive area for New Mexico. However, compared to other parts of the country it is affordable.

 

The median home prices in Santa Fe are currently $560,000.  I have attached a chart to show the shift over the last few years in an article from the Santa Fe New Mexican.

 

While Santa Fe is pricey, by New Mexican standards, I think it is well worth it. It is a beautiful city, has the best weather, (perhaps

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Many homeowners overlook the vast importance of well-maintained weather stripping materials, especially when it comes to maintaining top energy efficiency in your home.  Weather stripping on windows and doors protects the home from air leaks, but as weather stripping ages, it loses its effectiveness.

Stay ahead of the game by checking for worn-out weather stripping and replacing it.

Identifying Worn Weather Stripping

Weather stripping deteriorates due to age, friction, and exposure to the elements. It also can be damaged by people, pets, and pests. At least once each year, inspect your windows and doors to check for air leaks that indicate your weather stripping isn’t doing its job.

  • Self-adhesive foam tape loses its grip over time,
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Another interesting yet contentious element of New Mexican history are the Spanish and Mexican land grants.  Land grants were made both to individuals and communities during the Spanish (1598–1821) and Mexican (1821–1846) periods of New Mexico's history.  

 

Nearly all of the Spanish records of land grants prior to the Pueblo Revolt of 1680 were destroyed in the revolt.  Thus, historians can often only be certain of land grants that were made after the Spanish Reconquest of New Mexico in 1693.  There were two major types of land grants: private grants made to individuals, and communal grants made to groups of individuals for the purpose of establishing settlements.  Individual grants were invariably huge, some measured hundreds of thousands of

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This week I’d like to share information regarding loans.  Many of my clients choose to use financing to purchase property.  This article will review several of the more common loan and lender types.  I hope this is helpful for everyone!

 

MORTGAGE TYPES

Conventional

These loans can be fixed rate, adjustable or balloon loans.  They can be conforming or non-conforming.  A conforming loan falls within the rules set by Freddie Mac and Fannie Mae. 

 

Conforming loans are mortgages that conform to financing limits set by the Federal Housing Finance Agency (FHFA) and meet underwriting guidelines set by Fannie Mae and Freddie Mac, whereas nonconforming loans do not.  Conforming and nonconforming loans are both types of conventional loans.

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We have 6 more weeks of winter this year – according to Punxsutawney Phil.  I was curious about the accuracy and history of Phil’s predictions so I did a little research I’d like to share with you.

 

Since 1887, Phil and his predecessors have predicted 103 forecasts of more winter and 20 early springs, according to Stormfax Almanac (no records exist for nine years).  Live Science did an analysis of the data and concluded Phil’s six-week predictions have been correct just 39% of the time.  Over the past 10 years, Phil has upped his accuracy to 50%, according to NOAA, nailing his prediction in 2020, 2016, 2014, 2013, and 2011.

 

While Phil gets the bulk of the attention and headlines, his New York City rival — Staten Island Chuck — also gets

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New Mexico has a long and fascinating history, much of which has been forgotten.  The story of the acequias is a part of the history that many of New Mexico’s modern inhabitants are unaware of yet remains a vital part of New Mexican life.  In New Mexico, the importance of water, cannot be overstated.  As they say here, la agua es la vida. 

 

Having grown up in on a rural ranch property, the acequia has always been a part of my life.  Last year I became involved in the management of our acequias and was appointed a Commissioner for the Acequia de Santa Cruz.  I couldn’t be more honoured and look forward to helping manage our waters.  It is a first step in what I hope will be a storied career in community service and community leadership.  That

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No doubt we are all weary of the COVID catastrophe.  As time has progressed it has been dismaying to witness the deterioration of our society and economy.  In some ways I feel as if our very humanity is being lost.  The way people look at “others” with suspicion and anger, as if they may be a harbinger of disease.  The way neighbours are tattling on neighbours and local businesses.  The way our Western governments have assumed totalitarian-esque powers and citizens have quietly tolerated it.  I am concerned these parasitic ideas will fester and grow, and our sense of community and brotherhood will be lost.  But I digress, last month I wrote about the disregarded victims of our government’s actions – the children, the poor, the small business owners, the

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I am deeply troubled by the state of our community and country.  I fail to understand why the crackdowns continue.  Curfews, policing businesses to ensure they are not operating, imposing massive fines on businesses for violating trivial rules, harassing families to avoid spending time together and attempting to shut down our celebrations of life or death are deeply disturbing.  The rational is pure politics - you can’t attend a funeral but you can attend a protest march, you have to quarantine if you travel to visit a loved one, but not if you travel on business.  No rational person can argue those make good sense. 

 

The mere fact that bureaucrats think they can make a distinction between essential and nonessential businesses illustrates that they

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