Ruidoso land & lots – priced under $20K

by Mary Weaver on March 7, 2010

in Land

Just a quick update on land in the Ruidoso area,  shows over 70 properties priced under $20,000. Most of these listings are under one half acre in size,  on buildable slopes with trees, and with utilities nearby.

Listings inside the Village of Ruidoso account for over 30 of these lots, in areas such as Camelot, Ponderosa Heights, and Forest Heights.  Many of the remaining lots will be located just north of Ruidoso, towards Capitan and other outlying areas.  Currently, there are 17 lots in the Alto Lakes subdivisions of High Mesa and Deer Park Valley in the under $20K range.  The Alto Lakes listings will usually include a non golf membership to Alto Lakes Golf & CC.

View land and lots for Sale – Ruidoso area, under $20K click here

To search for land based on price or area – click here.

If you would like to receive a daily or weekly email update, showing new properties listed for sale or price changes to older listings, please let me know your criteria such as price range, size,  and area. Email mary@ruidoso-homes.com or call or text me at 575-937-5229.

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There is a lot of conversation these days about the new market reality. In 2006, home sales were easier, loans were no problem, and home values went up each year. I know, this is not “Breaking News”, but there are lessons to be learned, especially for agents, home sellers and owners. The following article, “Dry Your Eyes and Lower the Price”,  from the New York Times Real Estate section,  shows how it sometimes “pays”…. to lower the price.

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Alto Lakes Golf and Country Club – new listings

by Mary Weaver on February 23, 2010

in Alto Village

A quick look at Alto Village, shows over 100 properties on the market, including both site built homes, and condo / town homes. In the last 30 days there have been numerous price reductions of 10-20% or more.  There have been 12 new listings added during that time and several new listings added within the last week.  Near the end of this article is a link showing all active listings for the Alto Lakes Golf & CC area ( sorted by price, low to high, click on photo for property details )

One of the newest listings in Alto Lakes is a southwestern style home on High Mesa Dr.  View the photos below, click on any photo to view more details on this 2007 Santa Fe style home:

If you would like to receive a weekly email update of new listings, or price changes,  in Alto Lakes Golf & Country Club, please contact me,  or email  mary@ruidoso-homes.com or call or text me at 575-937-5229.

View Current Homes for Sale – Alto Lakes Golf & County Club click here

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Business and Commercial properties for sale

by Mary Weaver on February 21, 2010

in Ruidoso real estate

I often get inquiries about business listings, so I thought I would give a summary of what is currently on the market in and around Ruidoso. A general search, shows 96 properties available. The chart below shows type of business and number of active listings in that category:

Ruidoso Commercial Listings Summary

Some property types may be counted in more than one category, if it can show multiple uses. For example cabin operations might be listed as both multi-family income, and as a cabin operation. The “other” category, showing 28 properties, will include miscellaneous types, such as bed & breakfast, light industrial, recreational, etc.

The link below will show the current listings, priced from lowest to highest. Click on property photo for full details.

View Current Business / Commercial Properties for Sale – Ruidoso & surrounding area click here

If you would like to receive a daily or weekly email update, showing new properties listed for sale or price changes to older listings, please contact me. Let me know your criteria such as price range, type of business, and area. Email mary@ruidoso-homes.com or call or text me at 575-937-5229.

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Concerts and Events coming to Ruidoso

by Mary Weaver on February 18, 2010

in Food and Entertainment

Inn of the Mountain GodsThere are a number of concerts scheduled at the Inn of the Mountain Gods over the coming months.

Ticket prices and more information on these shows can be found on the Inn of the Mountain Gods website.

It’s a great time to visit Ruidoso! The snow at Ski Apache is the best we have had in many years.

Upcoming Concerts:

Howie Mandel – Feb. 19, 2010, 8 pm
Aaron Lewis of Staind – Mar. 11, 2010. 8 pm
The Doobie Brothers – Mar. 25, 2010, 8 pm
Gabriel Iglesias – May 6, 2010, 8 pm
Heart – May 9th, 2010, 8 pm

Visit the Ruidoso Valley Chamber of Commerce web site for more events and upcoming shows.

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Here is a brief update on the condo market in Ruidoso.

  • Current listings on the market: 102
  • Median list price: $199,500
  • Median price per sq. ft.: $145

There are some good buys, in every price range, especially the under $150K price range. The Golf Course condo featured below overlooks the Links Golf Course, on White Mountain Dr. It one of several available in the Whispering Bluff Condo complex. To view all current condo / town home listings in the area, visit this link.

If you would like more information on Ruidoso condos and town homes, please contact me,  or email  mary@ruidoso-homes.com or call or text me at 575-937-5229.  Re-published from Active Rain.

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Update: Ruidoso Downs Race Track legislation

January 28, 2010 News in Ruidoso

The Ruidoso News reported yesterday that current legislative efforts in Santa Fe, to help Ruidoso Downs Race Track with “tax parity” is  essentially “dead” as currently written.   State lawmakers are in no mood to grant tax concessions to race tracks and casinos – given the $600 million budget gap the state is facing.
It appears that [...]

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Heavy Snow falls on Ski Apache, Ruidoso

January 24, 2010 Community

Ski Apache was covered with 23 inches of new snow over the last four days, after a winter storm hammered California, then traveled east over Arizona and New Mexico.  Snow conditions at Ski Apache are the best in several years,  as their season total is at 112 inches, with 100 percent of the mountain open, [...]

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Buying opportunities in a slowing market

January 22, 2010 Ruidoso real estate

Looking at the 2009 sales data for Ruidoso real estate, a downward yearly trend continues for overall volume, when compared to the prior 3 years.  The 2009 total dollar volume of $55.6 mil., was down from 2008, at $64.6 mil.   2006 and 2007 came in at $86.7 mil. and $79.3 mil. respectively.

The number of units [...]

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Ruidoso Buying Trends – Cabins and lower priced properties

January 13, 2010 Cabins
Thumbnail image for Ruidoso Buying Trends – Cabins and lower priced properties

Cabins for sale in Ruidoso, make up about one third of the homes for sale in the site-built category.
Currently, there are about 273 active site built home listings.  Of that amount, 102 are classified as cabins. The price range that is selling the most, and was most active in the last quarter of 2009,  is   [...]

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