Posts tagged as:

prices

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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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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Have real estate prices hit bottom ?

April 2, 2009 Price Reductions
Thumbnail image for Have real estate prices hit bottom ?

As I have mentioned before, there are a lot of potential home buyers on the sideline, looking for deals steals, and trying to gauge a market bottom. Nothing new with this strategy ( buying as low as possible ) especially in light of today’s uncertainty in the market.
The “experts” continue to weigh in, and I [...]

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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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Market Update – Alto Lakes Golf & Country Club

March 14, 2009 Alto New Mexico Property

In looking at the current market for homes and town homes for sale in Alto Lakes Golf & CC,  I thought it would be interesting to compare the current stats to those reported in Aug, 2008 in Buyers Market in Alto – Aug. 2008 .
UPDATE: Feb 2010:  Search for Homes – Alto Lakes Golf & [...]

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Summer Market Stats – Recap of Ruidoso home sales

September 14, 2008 Ruidoso Market Trends

With the Labor Day weekend behind us, and Fall coming on, I thought we might take a look at the numbers for Ruidoso real estate during the summer months (June through August), and compare this selling season with that of 2007. Specifically, looking at residential units sold (site built homes, town homes & condos) in [...]

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Ruidoso Condos – A Wide Range of Prices and Features

July 16, 2008 Condos

Looking for a condo this summer in Ruidoso? Currently, our local MLS is showing 141 listings of either condos / town homes in the Village. Prices vary widely from a low of $54,900 for a 640 sq. ft, older unit on Mechem Dr. to a high of $600,000 for a 2550 sq.ft. new unit [...]

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Ruidoso Real Estate – Market Update June 08

June 18, 2008 Ruidoso Market Trends

So you may be asking…what IS the real estate market doing in Ruidoso New Mexico? If you watch the evening news it sounds like real estate around the country is cratering, but in reality, there are only a few states (California, Florida, Michigan and to some extent Arizona) that are really having issues with [...]

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No Boom No Gloom – Ruidoso Real Estate Trends

April 4, 2008 Food and Entertainment

Lately, there has been a lot of interest in the Ruidoso real estate market, from those who have been considering a home purchase for some time.
I’m often asked questions like “Is this a buyers market” and “Are we seeing a bottom” ?
I can’t forecast the future of real estate in Ruidoso especially with the uncertainty [...]

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