Lyle Anderson- Mixed Residential and Commercial Project named “Plaza la Tierra.”

August 7, 2017
A community meeting was held on the evening of August 2, 2017, at the Unity Church located at 1212 Unity Way, Santa Fe, NM 87506. The meeting was hosted by Joseph Karnes, a partner of Sommer Karnes & Associates, LLP, lawyers representing Santa Fe 300 Investments, LLC (the “Developer”), whose principals are a group of investors led by Lyle Anderson, the former developer of Las Campanas, and the Bass brothers of Ft. Worth, Texas, scions of a Texas oil and gas dynasty. The Developer owns a parcel of land consisting of approximately 304 acres lying north and west of Highway 599 on both sides of Camino la Tierra (the “Property”).

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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

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Sold Homes July 2017

Back to Market Reports >> Sold Homes Las Campanas July 2017 Address List price Sell price %L/S Sell date DOM/CDOM SqFt $/Sqft LotSz  3 Camino de Colores – Lot 2  $695,000  $671,000  96.55%  07/05/17  454  2498  $268.61  0.328  22 Paseo las Terrazas – Lot 5  $747,000  $715,000  95.72%  07/03/17  250  2173  $329.04  0.561  49 Paseo Aragon – … Read more

Pending Homes July 2017

Back to Market Reports >> Pending Homes Las Campanas July 2017 Address List$ Date DOM SqFt $/SqFt LotSz  13 E. Avenida Sebastian – Lot 1  $549,000**  07/11/17  46  2241  $244.98  0.249  21 Plaza del Corazon – Lot 762  $719,900**  07/06/17  332  2180  $330.23  0.258  38 Sunflower Drive – Lot 265  $1,230,000  07/03/17  10  4002  $307.35  2.860 … Read more

Sold Land July 2017

Back to Market Reports >> Sold Land Las Campanas July 2017 Address List price Sell price % L/S Sell date DOM/CDOM LotSz  8 Camino Villenos- Lot 76  $250,000  $250,000  100.00  07/18/17  219  2.290 ** Previously listed at a higher price.       * Previously listed days on market are higher. NOTE: This representation is based in whole … 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.

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Millennials Made Up 42% Of Home Buyers In 2016, According To Zillow

Almost half of young American home buyers are opting to live in suburbs compared to 33 per cent choosing an urban lifestyle and 20 per cent living in rural areas. Research from Zillow shows that millennials made up 42 per cent of homebuyers in 2016, making them the single largest generational group,

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Sold Homes June 2017

Back to Market Reports >> Sold Homes Las Campanas June 2017 Address List price Sell price %L/S Sell date DOM/CDOM SqFt $/Sqft LotSz  7 Sendero Centro – Lot 767  $1,150,000**  $1,020,000  88.70%  06/09/17  477  3609  $282.63  0.540  30 Bluestem – Lot 55  $579,900**  $565,000  97.43% 06/15/17  282  4347  $129.97  1.489  11 Aloe Circle – Lot 24  $835,000 … Read more