Most small mountain towns in the American West have a straightforward real estate story: pandemic-era demand inflated prices, and now those prices are correcting. Taos County, New Mexico, is not following that pattern. Per-square-foot prices there are still climbing, according to Karen Todd, a real estate professional with The Dragonfly Group at Berkshire Hathaway HomeServices ...
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In most residential markets, agents anticipate demand by watching school calendars, interest rate movements, or seasonal migration patterns. In Eldorado, New Mexico, none of those signals apply. The buyer pool consists almost entirely of empty nesters and retirees making discretionary lifestyle moves. These are people who defer purchases indefinitely until they’re personally ready, then act ...
Sellers in Eldorado, at Santa Fe, the community just south of Santa Fe, New Mexico, are still anchored to pandemic-era pricing, but buyers arriving from out of state are refusing to pay those prices unless every detail is move-in ready. That disconnect has become the defining friction in a market that has shifted into buyer’s ...
Buyers relocating to Santa Fe County’s Eldorado community almost always arrive with the same assumption: that their money will go further in New Mexico than it did back home. According to Lisa Smith, an associate broker at Sotheby’s International Realty who has worked Eldorado’s market for 21 years, the opposite is true, most end up ...
For years, Texas dominated conversations about where manufacturers and data center operators should expand. But New Mexico has been climbing site selectors’ shortlists, where a combination of pro-business policy, available power, water access, and aggressive state incentives is pulling deals away from more established industrial markets. David Ebrahimzadeh, Founder & President of Corniche Capital, has ...
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Few housing markets have topped national competitiveness rankings as reliably as Rochester, New York, where listings are so scarce that each one draws a crowd. Jason Mancuso, a team leader with the Anthony Butera Team at Keller Williams Realty Greater Rochester, says those rankings match what his agents have lived for years. Lately, though, something ...
Across South Florida, condominium supply has been building since the state tightened safety rules after the 2021 building collapse in Surfside. In Broward County, that surplus has not tipped into crisis, but it has changed how transactions play out. Buyers have more units to choose from, and they have responded by refusing to overpay. “I ...
Across much of the Mid-Atlantic, the balance of power in housing has tipped toward buyers this fall. Mortgage rates have climbed over the past year, raising monthly payments and shrinking what many buyers can borrow. Fewer buyers can stretch their budgets, and those who can are negotiating harder. “We’ve seen the market turn very quickly ...
In most housing markets, price softening spreads more or less evenly across segments. In Collier County, Florida – home to Naples and ranked among the top three U.S. metro areas for its share of millionaire households – the market has split into two distinct tiers. Homes priced at a million dollars and above are still ...
Most relocation stories begin with a job offer. In Dallas, some begin with a college acceptance letter. Across the U.S., the reasons people move are changing as the people moving get older. Repeat buyers, those trading one home for another, are now older than at any point since the National Association of Realtors began its ...
For much of the past five years, apartment owners could count on rent growth to absorb rising expenses. That math no longer holds. Rent increases have slowed, insurance and utility costs have kept climbing, and the difference is coming straight out of net operating income. Bill Douglas, CEO of OpticWise and co-author of Peak Property ...
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