More good news in Santa Fe
CNN Money has rated Santa Fe one of the top 10 markets for rising home prices.

Low inventory, sales are way up and prices are starting to rise.

Don't miss out, if you are considering a home 'In the Land of Enchantment', give us a call today. 


Where home prices are rising fastest

CNN Money http://money.cnn.com/galleries/2012/real_estate/1205/gallery.rebounding-housing-markets/index.html

The tide is already starting to turn in some U.S. housing markets, with home prices in these 10 metro areas expected to climb anywhere between 10% and 21% by the end of next year, according to Fiserv.

10. Santa Fe, NM


  

Median home price: $248,000

Drop since market peak: 17.1%

Forecast gain through 2013: 10%


Santa Fe not only has cleanest air in the nation, but it also should see some healthy gains in home prices as well, according to Fiserv.


This state capital in the high (located 7,200-feet above sea level) country of central New Mexico wasn't hit half as hard by the housing bust as some other parts of the nation. Helping to lift prices is Santa Fe's thriving economy.

With a population of just under 200,000, unemployment is at a low 5.5% making it one of the top 10 metro areas for jobs. The city is also attractive for other reasons: It's a center for visual and performing arts, with a major dance company and the famous Santa Fe Opera.