Source: Santa Fe New Mexican —
What a time to be living on this planet, and especially in this town of pure enchantment.
Santa Fe is the unchallenged jewel of the west—and in the real estate market, this year more than ever. The interesting thing is that while some Santa Fe Realtors predict that home values will carry well into 2022, others seem not so sure. You heard from a few impressive Realtors in my September article who seemed to suggest that listings selling over list price will continue trending. Do you believe It? Read the following views from other Realtors in the field with slightly different opinions. The three quoted here join together in awe of the market throughout 2021, but also offer slight wariness that this level of activity will continue.
J.C. Linson, Barker Realty, “The current local real estate market is challenging to sellers, buyers and even Realtors. Although we see a peak in values on some properties in some neighborhoods, prices are not dropping. However, sellers need to be aware that buyers who know they are paying top dollar for the property they want expect it to be in top condition. Out- of-town buyers have always been a big part of our second home market, and today this segment is huge. Although meetings of minds between buyers and sellers is challenging—jockeying between offers over list price, agreeing on conditions and making our way to closing—it is an exciting time to be in real estate in Santa Fe!.”
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