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August 2009 - Posts

The Taos Real Estate Market is Heating Up
Just checked the real estate hot sheet and there are quite a few interesting developments. First there are many listings that are being reduced 15% of the list price. The properties that have been reduced have gone under contract in a few days from the Read More...
Housing data point to recovery
Here is another report that the real estate market and the economy is showing great signs of turning around. Our office just signed another real estate purchase agreement on land. Taos Home and Land has two deal pending and this weekend buyers are coming Read More...
Real Estate sales increasing
Pace of U.S. existing home sales fastest in 2 years and I am excited. My heart is pounding with joy as new home buyers are entering the market and getting fantastic deals on both interest rates and prices. Below is an article from Yahoo News Service from Read More...
Economy is on the verge of Recovery!
Hurray! This is an article from Yahoo news service from the AP news service with the title of: Bernanke says US economy on cusp of recovery Read and rejoice. I will post another article showing the growth of home sales in July 2009. If you are reading Read More...
Following the closing trail
Well we are still under contract that is a fantastic illusion. We are waiting for the seller to get back to us with the resolutions to the home objections. The resolutions must be in writing and must be signed off by both parties. The waiting part is Read More...
Anatomy of a real estate contract
I have returned from my meditation retreat and am rested and feeling great so let's go forward with this purchase contract. I am still waiting for the resolutions to the home inspections. there are deadlines to all inspections and the resolution deadline Read More...
Weekend retreat
It's Friday the 14th of August and I am in Ouray CO at a meditation retreat. This is one hobby/interest that keeps me centered during all the commotion in my life. I returned from Orvis Hot Springs an amazing spa with natural hot springs and a sauna. Read More...
Annatomy of a real estate contract
Last week I created a scenario were two buyers and a seller agreed on the purchase price for a house in the Weimer section of Taos. agreeing on the price is the easy part. passing the inspections and getting any objections resolved is the "fun" Read More...
Mortgage News
Hi everyone out there who are reading my blogs. This blog is taken out of Ted Dimond's mortgage news letter. Ted is the owner of Dimond Mortgage in Taos 575.758.5566. He is, in my opinion, one of the best mortgage brokers in northern New Mexico. Read Read More...
An Amazing Deal!
The house on 226 Valverde is on the market at $229,900. 230 Valverde just closed for $324,000 this past week. These two houses are on the same block and have similar square footage and are both adobe construction. This property is a "smoking deal" Read More...