Real Estate Information

Aldea, New Mexico is a special community that deserves to be called to attention. For those of you thinking about Santa Fe Real Estate, a home in Aldea may be just what you are looking for…

Aldea translates to "small village" and, in the truest sense of the word, it is. A village is defined as a small group of dwellings in a rural area, and is often thought of as an older, historical town. When people think "village" they think community, pedestrian, natural environment. In all actuality, it is a modern residential community that took strategic planning to create the rustic exterior that it emits, but the result was something incredible.

The community layout was based on traditional Colonial towns. Designed by world renowned architect, Andres Duany, Aldea was inspired by a movement called New Urbanism. The intention of New Urbanism is to create communities that are designed to encourage human interaction in an inviting public realm, all while incorporating the traditions and habits of communities throughout history that have proven successful in the past.

Living in Aldea means not being dependent on automobiles, and instead depending on your bicycle or your feet to get you from home to store to work - which are never too far apart. It is located within close enough reach of the amenities and city life of Santa Fe, but far enough so that when you are there, its as though you are miles from civilization. The landscape is rugged, the air is fresh, and the signs of nature are all around.

Living in Aldea means not keeping your neighbors at a distance, but easily within reach, to encourage a closer knit community. Community meetings, neighborhood gatherings, exercise classes and conferences are all held at the Community Building.

Living in Aldea means not calling attention to trophy houses, but instead to the breathtaking streetscapes, open spaces, numerous pocket parks, and rolling foothills. Homes surround a central commercial and civic plaza, and the town itself was built on a series of dramatic ridges. This gives way for breathtaking views of the surrounding mountains.

Living in Aldea may not be for everybody. But I can guarantee you that if you desire to live a stress-free lifestyle, where mountain views and rugged landscape are not just something that you see on a postcard, but a scene regularly available from your backyard, then Aldea is for you. If I have piqued your interest in Aldea New Mexico Real Estate, then give me a call. Even if it's just to see for yourself this seemingly imaginary village that is fast becoming one of Santa Fe's hidden gems.

Susan Orth
Certified Residential Specialist (CRS)
City Different Realty

Phone: 505-310-4133
Email: SantaFe@SusanOrth.com
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And it keeps snowing in Santa Fe...I love it... if it is going to be winter we might as well get the whole package! The scent of burnt pinon floating in the air, birds crowding the feeder out in the garden, the hot tub working over time under crisp, starry skies.

Isabella Luconi

City Different Realty

Phone: 505-670-2224
Email: Isabella@IsabellaLuconi.com
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NEWS RELEASE 4th QUARTER 2008 Santa Fe CITY OVERALL MEDIAN PRICE REMAINS STEADY AT $350,000 WHILE SALES DROP IN BOTH THE CITY AND COUNTYth Quarter of 2008 compared to similar 2007 home sales data. Sales in the City for the 4th Quarter 2008 decreased from 141 sold during the 4th Quarter in 2007 to 131 this Quarter - a 7% decrease. Condo sales in the City slowed from 89 in the 4th quarter of 2007 to 75 in the current 4th Quarter but values also remained strong.th Quarter of 2008 compared to $549,125 in the 4th Quarter of 2007.th Quarter at 106 compared to 132 in the 4th Quarter of 2007.510 North Guadalupe Sireet, SUite E • Santo Fe, New Mexico 87501 • (505) 982-8385 FAX (505) 982-3764

EMBARGOED UNTIL: 11 :00 AM, Wednesday, January 14, 2009

Contact: Lois Sury, 2009 President-Elect (505) 984-5156 Donna Reynolds, CEO (505) 982-8385

4

(Santa Fe, NM - January 14, 2009) The overall median price of a home in the City of Santa Fe held steady at $350,000 in the 4

In the County of Santa Fe, price reductions occurred in all by one market area resulting in a median price of $427,500 in the 4

County home sales also remained sluggish in the most recent 4

"Home values are remaining steady compared to last year during the same period for City homes and condos with sales off only modestly," stated Lois Sury, 2009 President-Elect of the Santa Fe Association of REALTORS®. "However, the County is still experiencing slower sales and more price adjustments during this same period. The current national economic slowdown may be depressing sales in certain markets," she added.

"Overall inventories are dropping as buyers are snapping up bargains as well as some buyers deciding to take homes off the market due to the economic uncertainty. Yet, inventories remain higher at the end of 2008 than reported at the end of 2007," shared Ms. Sury.

The median sales price is determined from only those sales listed on the Santa Fe Association of REALTORS® Multiple Listing Service, which does not include every sale in the area but has been used historically to track trends in the home buying market.

KOB.com

Updated at: 11/21/2008 07:09:20 AM

By: Eyewitness News 4

Home prices show upward trend in parts of NM

Foreclosures have also remained low across the state

Real estate experts say even though home prices in the

Albuquerque area and other parts of the state are lower than a year ago, they're not as bad as other parts in the country.

What's more, parts of New Mexico are seeing a surge in home prices, bucking the downward trend seen across America. "Here in New Mexico, the market is still very good," said David Kittle, chairman of the Mortgage Bankers Association.

Kittle said it's just a handful of states that are dragging the overall numbers down in the home market.

"If you take out seven states: California, Florida, Nevada, Arizona, Ohio, Indiana and Michigan, you've got 43 states out there that are still fairly stable in the mortgage market," Kittle said.

Kittle was in Albuquerque Thursday to speak about the nation's economic crisis and its impact on the mortgage industry. Industry experts said over the past year, home sales have dropped in Albuquerque by about 20 percent. That is compared to about 60 percent in some of the areas worst hit, like Nevada.

Kittle said this could be a very good time to own property if it is in the right location.

"If you're in Seattle, Wash., or Charlotte, N.C. right now, things are booming. Prices are up in Louisville, Ky., where I live, prices are flat to rising just a little bit," Kittle said.

Parts of New Mexico are also seeing the value of real estate go up. In places like Placitas, Artesia and Gallup, prices are said to be booming. In Santa Fe and Hobbs, prices are also going up.

John Snyder of the New Mexico Mortgage Lenders Association said Albuquerque isn't doing too badly either.

http://kob.com/article/Pstories/S672075.shtml (1 of 2) [11/21/2008 3:11:46 PM]

Posted at: 11/20/2008 03:59:14 PM

ABC News Story; New Mexico Economy Expanding and NOT In Recession!

Majority of States Now in Recession

In March, 5 States Were in Recession; Now There are 27 With 14 More at Risk

By SCOTT MAYEROWITZ
ABC NEWS Business Unit
Oct. 21, 2008

What started out as a housing problem in a few states has now exploded into a full-fledged recession with a majority of states now in or dangerously close to recession.

What started as a recession in just a few states has now spread to 27 with another 14 states near recession, according to Mark Zandi,

chief economist and co-founder of Moody's Economy.com.

(ABC News Photo Illustration)

Just this weekend, President Bush's top economic advisor used the much-avoided word "recession" to describe the economies in some states.

"We are seeing what I think anyone would characterize as a recession in certain parts of the country," Edward P. Lazear,

chairman of the Council of Economic Advisers, said on CNN's "Late Edition."

Back in March, Mark Zandi, chief economist and co-founder of Moody's Economy.com, said that only five states were in recession: Arizona, California, Florida, Michigan and Nevada.

• Biloxi, Miss., 4.9 percent
• Salem, Ore., 4.7 percent
• Bismarck, N.D., 4.6 percent
• Spokane, Wash., 4.4 percent
• Yakima, Wash., 4.1 percent
• Austin, Texas, 4.0 percent
• Grand Junction, Colo., 4.0 percent
• Fargo, N.D., 4.0 percent
• Mobile, Ala., 3.9 percent
• Albuquerque, N.M., 3.5 percent