The folks at Fiserv Case Shiller are extremely bullish on the Santa Fe, New Mexico real estate market according to their recent research data released in early December, 2011. If you are considering relocating to Santa Fe, now is the time to pay attention to our market given latest news. It is not the time to proscrastinate!
Santa Fe, New Mexico was named one of the Top 15 Housing Markets for the next 5 years. Imagine that? These projections are for 5 years, not just an opportunity now or in 2012. Santa Fe came in as #11 with annualized growth from 2011 to 2016 to be +9.1%. This means anyone who has already taken advantage of our real estate market in 2011 choses to gain.
Fiserv Case Shiller sees this positive trend upward due Santa Fe's current low unemployment rate of 5.4% and our median household income of $70,000. In fact, they report our overall home prices are only down 17.7% since they peaked in Q4 2007. What they do not evaluate in their report is our nearly year round blue skies and exceptional clean air, low property taxes and our Santa Fe lifestyle. Our healthy environment plus their numbers makes me bullish on Santa Fe too. If you are, let's get started on your next move or investment.
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