Archive for the ‘News’ Category
Speed of price correction is ‘almost unprecedented’
Tuesday, July 1st, 2008USC economists present some bad news, some better news
By Glenn Roberts Jr., Friday, June 27, 2008.
Inman News
SAN FRANCISCO — The bad news: It’s “almost unprecedented” that home prices are falling “this swiftly and this steeply in this short period of time” in some California market areas.
US home prices tumble in April at record rate
Tuesday, June 24th, 2008Lenders pledge speedy response on loan help
Tuesday, June 17th, 2008It’s a buyer’s market in S.F.
Sunday, March 16th, 20083/16/2008 – 3/16/08
When my wife and I sold our Santa Fe townhouse in 2006 and moved to Austria to spend some time with her family, we didn’t think we’d be able to afford to live in Santa Fe again. The price of housing was just too high for us.
Fed Action Helps Fannie, Freddie
Tuesday, March 11th, 2008Ability of Fannie and Freddie to Raise Capital Boosted by Fed’s $200B Intervention, for Now
March 11, 2008: 05:01 PM EST
NEW YORK (Associated Press) – The ability of Fannie Mae and Freddie Mac to raise capital _ which hit rock-bottom last week _ has been boosted by the Federal Reserve’s latest market intervention.
Raising conforming loan limit not a simple task
Tuesday, February 12th, 2008Monday, February 11, 2008
By Matt Carter
Inman News
While Fannie Mae, Freddie Mac and the Federal Housing Administration will soon be allowed to dive into what until now has been the jumbo loan market, it remains to be seen how many borrowers will benefit.
Despite economy, many considering home improvement
Tuesday, February 12th, 2008Inman News
Despite the weak conditions in the housing market, more than two-thirds of Americans said they would complete a home improvement project in 2008, according to a recent poll by ServiceMagic.com.
Chase, Wells Fargo say they can weather subprime storm
Wednesday, January 16th, 2008Standard & Poor’s warns of bigger losses on 2006 loans
Wednesday, January 16, 2008
Inman News
Investors showed renewed confidence that financial markets will weather the subprime mortgage crisis after JPMorgan Chase & Co. and Wells Fargo & Co. reported write-downs on mortgage-related investments dented fourth-quarter profits but that the firms remain adequately capitalized.
10 Mimosa Road
Tuesday, November 13th, 2007Remodeled home with views. Two story with master suite on second level with office or den. New stucco, carpets and kitchen. Passive solar design. Wood stove in large living room.
Click Here to view the complete listing
GARY WALLACE Santa Fe Realtor of the Year 2006
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.
Mobile: (505) 577-0599
Home: (505) 466-1242
Office: (505) 982-4466
Toll Free: (800) 374-2931
Fax: (505) 982-9744
gwallace@sfprops.com











