Congress and the U.S. Department of the Treasury must enact legislative and regulatory priorities to stabilize the housing market and help stop the U.S. financial market’s rapid deterioration, and on Friday, five freshman U.S. senators took decisive action toward this goal. (more…)
Falling home values make pricing paramount. (more…)
By Inman News, Thursday, November 6, 2008.
Rates on both fixed-rate and adjustable-rate mortgages retreated this week from a recent surge, but lenders continue to tighten standards as a pullback in consumer spending and weaker job market provide new indications of a slowing economy.
A European styled villa with incomparable detail and quality. This remarkable home features a beautiful formal entryway with a rotunda and marble floors. There is a large informal den/atrium with a fireplace, travertine floors, fountain and doors to a private patio with a fireplace. A huge kitchen with granite counter tops, walk in pantry and breakfast bar, plus an abundance of counter space. The attached family room has beamed ceilings, wooden flooring, recessed lighting and fireplace. The formal living rooms and dining room have wood floors and beautiful views of the Sangres. In addition there is a separate office and a wine cellar.
The master suite is huge with his and her walk in closets, separate facilities, spa tub and a steam shower. The main home has a total of three bedrooms plus there is a separate full guest the outdoor space is enhanced by beautiful patios, gazebos and there is even a chapel. The walls and ceilings are custom Venetian plaster. Magnificent stonework is used generously. This two year old home was built by a 2008 Haciendas Parade of Homes winner; Rudolph Designs & Development. This home is the epitome of elegance and class.
WASHINGTON – Median home prices fell in more than three-quarters of U.S. cities in the second quarter, the latest sign of the breadth of the housing market decline, according to new data Thursday.
Gary Wallace, Santa Fe Properties with over 34 successful years as a realtor in Santa Fe. Specializing in pueblo style adobe homes, affordable homes for first time buyers and land for sale in Santa Fe. 2006 Realtor of the Year for Santa Fe, 2008 Vice President of Santa Fe Association of Realtors, 2008 Chair of the Community Services Committee, Board member on the State and Santa Fe Association of Realtors.
