From the category archives:

Ruidoso real estate

Home sellers: “Dry Your Eyes and Lower the Price”

February 26, 2010 Ruidoso Market Trends

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 [...]

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Business and Commercial properties for sale

February 21, 2010 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:

Some property types may be counted in more [...]

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Condos and Town homes – Market Snapshot

February 8, 2010 Condos

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, [...]

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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
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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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Fall in Ruidoso

October 28, 2009 Ruidoso real estate

The Fall season in Ruidoso is my favorite time of year!
Here in the South Central Mountains of New Mexico, the foliage is a mixture of gold, orange, brown and red against a backdrop of evergreens. The colors seem to have lasted longer this year than they usually do, and the aroma of pinon wood [...]

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The Upper Canyon – Cabins, River Property & Cool Pines

July 15, 2009 Ruidoso real estate
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The Upper Canyon is a popular area located on the far west end of Ruidoso, and is comprised of several separate subdivisions. Main Rd. follows the path of the Ruidoso River from Mechem Dr, west to the Mescalero Apache Reservation border. Many of the homes in the Upper Canyon area were built in the 1930s [...]

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Value Alert: Huge Price Reduction on Ruidoso Downs Home

April 12, 2009 Ruidoso real estate

UPDATE: SOLD, no longer available.
This home in Ruidoso Downs, NM has just been reduced by $60,000 to a listing price of $198,500.00.  This 4 bedroom, 3 bath home is approximately 4140 sq. ft, is one level, brick exterior, with a metal roof.  If you are looking for a large home, in a price range [...]

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A good time to buy in Lincoln County, New Mexico

March 14, 2009 Ruidoso real estate

Like many real estate markets across the nation, Lincoln County’s  total sales volume for last year was down 25 per cent or more, depending in which area you are looking.  Total sales volume and number of units sold, for the entire county,  has declined by 24 per cent, comparing 2008 vs. 2007. Ruidoso’s total dollar [...]

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Land for Manufactured or Modular Homes

February 23, 2009 Food and Entertainment

If you are looking for land to move a modular or manufactured home on to, there is currently a wide selection, in several price ranges. In the lower price range, from $8,000 to $40,000, there are 34 listings in the area north of Ruidoso to Capitan. Many of these are in the Rancho Ruidoso Valley [...]

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