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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.

buyers, buying, commercial market, commercial sales, condo market, condo sales, foreclousres, home sales, housing inventory, housing market, interest rates, investment property, land market, land sales, loans, market data, market report, mortgages, real estate investment, real estate market, sales data, sellers, selling Market Report 24 Minutes Read (0)

2018 sales are tracking about equal to 2017’s. The main factors that have been affecting the market for the past two years remain in place: a strong national economy, rising demand for single-family homes, and an inventory shortage of good homes available for purchase.

buyers, buying, commercial, commercial market, commercial sales, condo market, condo sales, condos, foreclosures, home sales, housing inventory, housing market, interest rates, investment property, land market, land sales, loans, market data, market report, mortgages, real estate investment, real estate market, sales data, sellers, selling, single-family homes Market Report 30 Minutes Read (0)

Single-family home sales are still tracking slightly below last year’s pace, while condo, land and commercial sales are ahead. There were 3 homes sold over $1 million last month. And there may be a huge sale in December: the 190-acre Blackstone Ranch is going to be auctioned on Dec. 6, with a minimum bid of $19 million (see the related article posted on our web site).

buyers, buying, commecial sales, commercial market, condo market, condo sales, foreclosures, home sales, housing market, interest rates, investment property, land market, land sales, loans, market data, market report, real estate investment, real estate market, sales data, sellers, selling Market Report 27 Minutes Read (0)

BIG NEWS! New air service this winter between Dallas DFW airport and Taos. See related post in our website. This should have a major positive impact on the Taos economy–and on Taos real estate–over time. Meanwhile, this weekend is the annual Taos Balloon Rally–another way to travel!

buyers, buying, commercial market, commercial sales, condo market, condo sales, condos, foreclosures, home sales, housing market, investment property, land sales, market report, real estate investment, real estate market, sales data, sellers Market Report 27 Minutes Read (0)

Single-family home sales are pacing about equal to last year. Condo, land and commercial sales are all ahead of last year.

buyers, buying, commercial market, commercial sales, condo sales. foreclosures, condos, home sales, housing market, land sales, market report, real estate market, sales data, sellers, selling Market Report 26 Minutes Read (0)

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Contact The Lora Company

225 Kit Carson Road
Taos, NM 87571
Click for Google Maps
ph. 575.758.3275
fax 575.758.5724

Peter A. Lora
NM License No. 17543
peter@theloraco.com

Maria Figliolia
NM License No. 42734
mariafig@newmex.com
ph. 575-779-0285

Sanjay Poovadan
NM License No. 45362
sanjay@taosrealestatepartners.com

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The Lora Company

Copyright © 2019 The Lora Company Taos Real Estate

225 Kit Carson Road - Taos, NM 87571
575.758.3275