15 Rabbitbrush Road - $1,545,000 91 West Wildflower - $1,125,000 28 Arroyo Calabasas - $989,000 21 Plaza Del Corazon - $719,900

Today's Real Estate News

Market Update Santa Fe, Las Campanas July 24, 2017

INFO THAT HITS US WHERE WE LIVE … The pace had fallen for three months in a row, but in June Housing Starts came roaring back with an 8.3% gain, to post their largest monthly boost of the year. This put them at a 1.215 million unit annual rate. However, we need 1.5 million new units per year to cover population growth and tear downs, so there’s still more recovery to come. Starts overall are up 2.1% compared to a year ago, and single-family starts are up 10.3% (multi-families are down). This is a positive sign for the economy, since each single-family home contributes to GDP, on average, around twice what a multi-family unit does. Read More…

Santa Fe Las Campanas Homes & Land Market For Week of June 19, 2017

Market Update
QUOTATION OF THE WEEK… “When I’m out on the football field, I have so much confidence in what I’m doing.” –Tom Brady, American football quarterback

INFO THAT HITS US WHERE WE LIVE … If that’s the secret to becoming the only quarterback ever to win five Super Bowls, confidence is a pretty powerful thing. So it’s nice to see that these days, home builders appear to have it in spades. The National Association of Home Builders (NAHB) reports builder confidence came in at 67 in June. Any number over 50 indicates most builders see conditions as good. Read More…