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Read our current Taos Real Estate Market Report with sales, price and inventory data, and prior year comparisons.
Current Real Estate News
Loans for home buyers without standard proof of income, such as pay stubs and W-2 forms from employers, are returning to the mortgage industry. These “stated income” loans were in disfavor after the subprime lending debacle, but these loans for self-emplyed and retired people are regaining a place in the lending marketplace. Read the full…
Since bottoming out in 2011, the total market (all categories of property) through 2018 has gained 117% in unit sales, and 164% in dollar sales. Single-family home unit sales are now 20% below the level recorded in 2005. Inadequate inventory of homes for sale is limiting sales. Prices are rising, and homes are selling faster than they used to.
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(all data current as of 2/16/2019)
Listing information deemed reliable but not guaranteed. Read full disclaimer.