Monday, March 31, 2014


215 Mariposa Unit #5 
Gorgeous stylish condo close to downtown.
Was $379,000 now $359,000! This is a GREAT buy!
MLS 94660 See it on my website at:

529 Este Es Road
1970 sq ft home in the Weimer area
Was $372,000, Now $369,000
Great Location! MLS 94832
See it on my web-site at:

Friday, March 28, 2014


Start with a fantastic location add a huge mountain view and a beautiful home and you get a fantastic opportunity! Located right off Millicent Rogers Road. 2.5 acre lot with expansive views! 3080 sq ft 3 bedroom, 2 bath home with a huge studio/office/exercise room and a 794 sq foot garage and fantastic workshop. A front, walled and gated courtyard with wonderful garden beds and covered patio makes for a welcoming entry. Cozy dining area. Spacious, open kitchen with rich Cherry cabinets, stainless appliances, work island with butcher block, planning desk and skylight. Huge living room with dramatic fireplace and picture windows that frame the mountain views perfectly. Master suite features a fireplace, spacious bath and walkin closet. For all your home activities the old garage has been converted to a wonderful space that could be a studio, office, exercise room or all of those things. Newer 2 car garage and a fantastic workshop keep the dusty hobbies out of the house. The workshop has a garage door for easy access. Wonderful fenced backyard. Garden shed and more! Lovingly maintained! MLS 94923 $595,000

Thursday, March 27, 2014

Things are Looking UP - 2014 Brings Optimism  

Optimism is on the RISE. Consumers are more committed this year to buying or selling a home. This according to Prudential Real Estate Q4 Consumer Outlook Survey.

Some Interesting Numbers to Share!

Favorable view of the real estate market grew 5% from Q3 and Q4 of 2013.

78% of consumers had a favorable view of the real estate market in Q4

65% of respondents have a favorable outlook for 2014

63% are more committed to buying or selling a home this year.

Nearly 6 out of 10 believe that there will be an increase in home sales in 2014.

Most believe that home ownership is the cornerstone of the American Dream and remains a top priority both financially and personally.

96% say that owning a home is important to them.

79%  believe that home ownership is good for the economy.

7 out of 10 say that finding the right home and community is important to the happiness of their family.

62% say that now more than ever they look to a real estate professional for guidance through the buying or selling process.

Another note, we had a mortgage company in the office yesterday morning with good news...the concerns about what Frank Dodd would mean to the lending process have abated. Things are more clear than they have been in the last couple of years. While the mortgage process will be a bit more cumbersome compared to the days of No Doc loans, guidelines are easing up a bit. Interest rates are expected to rise a bit throughout the year, right now we are seeing around 4.5% for a 30 year fixed and may see them finish the year at 5% or so. REMEMBER, these are still GREAT rates! 2014 is going to be a great year!

Tuesday, March 25, 2014

Why NAR's report on Existing Home Sales may look less appealing that it really is.

The National Association of Realtors (NAR) released their latest Existing Homes Sales Report last Friday. The year-over-year comparison of overall sales did not paint a pretty picture. NAR itself called the sales numbers “subdued”. Other media sources used stronger terminology.

There is no doubt that home sales were lower this February (4.60 million) than last February (4.95 million). However, a closer look at the report gives us some evidence as to why that is. Last year, of the 4.95M homes sold, 25% were distressed properties (foreclosures and short sales). This February, only 16% of sales were made up of distressed properties.


Well, if we do the math, we can see that the annualized number of non-distressed properties sold which was revealed in the latest report (3,864,000) was actually greater than the annualized number of non-distressed properties sold that was reported last year (3,712,500). As we sell-off the ‘shadow inventory’ of distressed properties, there will be less homes from which a potential buyer can choose. That will impact sales.
As proof of this point, we can look at the months’ supply of housing inventory available for purchase. In a normal market, a six month supply would be optimum. However, we haven’t reached a six month supply once in over 18 months. This shortage of inventory is the main reason sales are down.


As prices continue to rise, more and more homeowners will be freed from the shackles of negative or limited equity. This combined with an improving economy will allow homeowners to again feel confident that they can sell their homes and move on with their future plans. We are already starting to see increases in listings coming onto the market (unsold inventory is 5.3 percent above a year ago). Once housing inventory reaches normal levels (a 6 months’ supply) we will again see home sales begin to increase.

Monday, March 24, 2014

105 Mesa Sea in the Hondo Mesa Area - Taos, NM

Fantastic floorplan! 1681 sq ft, 2 bedrooms, 2 full baths PLUS an very nice office area! Wonderful courtyards, portals and flagstone patios front and back. Newly built 2 car carport with storage room (carport designed to be able to be converted to a full garage in the future). Spacious, welcoming entry. Great room design and floor plan. Easy care tile floors. Kiva Fireplace. Open kitchen with ample work space. Breakfast counter. Pantry. Wonderful mud/laundry room which can be accessed right off the front portal or from inside the house. Two spacious bedrooms and nicely appointed baths. Master has a walk in closet. High ceilings with vigas. Smooth plaster. Wonderful 360 degree mountain vistas. Adjacent lot to the east is available for purchase. Same owner.

MLS 93732

Sunday, March 23, 2014

1447 Mesa Vista Road - Blueberry Hill Area - Taos NM

Spacious surrounding! 2.27 Acres. Fantastic Taos Mountain views from both levels! Be your best creative self in this lovingly refurbished adobe home with a stylish, contemporary flair. 1760 sq ft. 1 bedroom, 2 baths. Contemporary newer kitchen with work island, gorgeous countertops, custom cabinetry designed for maximum storage and a cozy dining nook. Beautiful, romantic bath with great storage vanity and cabinet and a claw foot tub. Classic Taos ceilings with vigas and coving. Three kiva fireplaces: kitchen, living room and bedroom. Huge walk in closet! Wood floors. Be creative between the downstairs living room an the upstairs bedroom! Both rooms are large enough to accommodate studio or work space too! Passive solar design. Detached double car garage. North facing portal. Wonderful, private back deck with free standing hot tub. Easy access off well maintained road. Close to Taos! Easy drive to the Taos Ski Valley! MLS 94630 More info at