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GARY WALLACE is RANM’s Realtor of the Year

Santa Fe Properties is proud to announce that Gary Wallace, Associate Broker, was honored as the recipient of the REALTORS Association of New Mexico’s (RANM) highest honor – being named the 2015 REALTOR of the Year.

The RANM REALTOR of the Year is awarded annually to an outstanding leader who has committed time, talent, and expertise to the REALTOR organization, their community, and to furthering the real estate profession.

Gary has over 35 years of experience and his commitment to his clients is proven by his successful track record. Gary believes in working diligently with buyers and sellers providing full service, knowledge of the real estate market and patience to meet their needs. He believes in meeting the client’s goals and is attentive to details. He has superb negotiating skills and is known for his on-going client communication throughout the buying or selling process.

The REALTORS Association of New Mexico is one of the state’s largest trade associations, representing over 5,500 members involved in all aspects of the residential and commercial real estate markets throughout New Mexico.

“As someone who has worked with Gary for many years, I am proud to congratulate him for the impact he has made in our Real Estate community. Gary has touched the lives of countless numbers of homeowners and they are better for having had him help them buy and sell the most important asset in their lives.” Liz Cale, President Santa Fe Properties

Mortgage Rates Remain Low, Increasing Affordability

McLEAN, VA — Freddie Mac (NYSE:FRE) today released the results of its Primary Mortgage Market Survey (PMMS) in which the 30-year fixed-rate mortgage (FRM) averaged 5.04 percent with an average 0.6 point for the week ending September 24, 2009, unchanged from last week when it averaged 5.04 percent. Last year at this time, the 30-year FRM averaged 6.09 percent.

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Real estate market seems to be picking up

There is no easy answer to a question about the relative health of Santa Fe’s real-estate market at this point in the recession. People have lost their jobs. Builders and Realtors have gone out of business. Owners have lost their homes and companies to foreclosure. But here and there, the city seems to be thriving.

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Affordable housing: Do we need more ‘dialogue’?

The Santa Fe Association of Realtors will use a $25,000 grant from a state Realtors group to, in essence, research the research that’s been done by various groups involved in the city’s affordable housing issues but who don’t seem to be sharing their information with each other, the president of the local Realtors group said last week.

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Real Estate Outlook: Growth Mode

Steady jumps in pending home sales and low interest rates continue to lead housing out of the doldrums into growth mode — and even toward price increases in some hard-hit markets as well.

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July 2009

44 Properties sold in the Santa Fe County, July 2009

Type Status Date List $ %LP DOM Address Area Sq. Feet Lot Size
sngfam 07/01/09 $339,000 92.92 58 Cuesta Ln Eldorado Subdivision 1490 1.490
sngfam 07/02/09 $419,500 96.07 123 Balsa Rd Eldorado Subdivision 2075 1.250
sngfam 07/20/09 $458,000 98.03 318 Monterey Road Eldorado Subdivision 2400 1.500
sngfam 07/13/09 $489,900 96.96 434 Mariposa Rd Eldorado Subdivision 2167 1.770
sngfam 07/15/09 $599,000 94.32 125 Chusco Road Eldorado Subdivision 2508 1.990
sngfam 07/09/09 $810,000 97.53 156 Amberwood Loop Las Campanas Subd 3225 1.430
sngfam 07/27/09 $945,000 95.24 325 Mint Cir Las Campanas Subd 2700 2.500
sngfam 07/09/09 $1,196,000 92.81 93 Picacho Peak Las Campanas Subd 3574 5.620
sngfam 07/06/09 $2,295,000 86.49 616 Chestnut Cir Las Campanas Subd 7582 2.530
sngfam 07/16/09 $595,000 94.96 70 Calle Vista NW of City Limits 2886 0.300
sngfam 07/17/09 $599,000 100.00 368   NW of City Limits 3200 2.500
sngfam 07/01/09 $897,000 90.86 77 Escopeta Pl NW of City Limits 3350 2.510
sngfam 07/24/09 $189,000 103.05 135 Calle Agua Clara South Of I-25 1171 0.100
sngfam 07/15/09 $345,000 101.43 198 Via Orilla Dorado South Of I-25 1972  
sngfam 07/20/09 $610,000 97.67 341 W Chili Line Road South Of I-25 2965 1.600
sngfam 07/02/09 $1,150,000 86.96 428 Vista de Luna Drive Old Las Vegas Hwy 9580 5.000
sngfam 07/01/09 $265,000 98.11 338 Lauro Rd Eldorado Subdivision 1003 1.380
sngfam 07/08/09 $280,000 97.14 229 Alondra Road Eldorado Subdivision 1461 1.370
sngfam 07/31/09 $339,000 94.40 44 Sabroso Ct Eldorado Subdivision 1386 1.480
sngfam 07/14/09 $389,000 97.15 64 Jornada Loop Eldorado Subdivision 1742 2.640
sngfam 07/08/09 $397,000 99.12 68 Reno Pl Eldorado Subdivision 1813 1.390
sngfam 07/01/09 $424,900 92.96 302 Caliente Rd Eldorado Subdivision 2545 2.300
sngfam 07/29/09 $424,500 97.76 64 Encantado Loop Eldorado Subdivision 2096 1.890
sngfam 07/21/09 $498,000 95.38 204 Cagua Eldorado Subdivision 2370 1.480
sngfam 07/07/09 $600,000 98.33 203 Elena Ct Eldorado Subdivision 2970 2.000
sngfam 07/30/09 $699,000 92.99 160 Bishops Lodge Tesuque Village Area 3500 0.350
sngfam 07/31/09 $895,000 97.21 429 Violet Circle Las Campanas Subd 3828 2.000
sngfam 07/16/09 $879,000 100.57 330 Entrada Descanso Las Campanas Subd 2629 2.070
sngfam 07/01/09 $995,000 96.73 253 Mint Circle Las Campanas Subd 3396 2.617
sngfam 07/15/09 $495,000 92.93 364 Altura Vista NW of City Limits 2159  
sngfam 07/17/09 $540,000 92.59 308 E Via Plaza Nueva NW of City Limits 2343 0.250
sngfam 07/21/09 $697,000 87.09 133 S Camino Don Carlos NW of City Limits 3234 2.130
sngfam 07/31/09 $799,500 87.55 53 E Via Plaza Nueva NW of City Limits 3153 0.150
sngfam 07/10/09 $1,650,000 99.24 302 Tano Escondido NW of City Limits 4101 5.033
sngfam 07/29/09 $679,000 98.31 47 Stone Ridge Rd SE of City Limits 4050 4.000
twnhm 07/14/09 $179,000 96.65 53 Saddleback Mesa South Of I-25 1155 0.050
twnhm 07/10/09 $184,500 96.52 182 Saddleback Mesa South Of I-25 1140 0.060
twnhm 07/22/09 $219,000 93.61 190 Emory Pass South Of I-25 1232 0.060
twnhm 07/10/09 $269,500 94.62 176 Emory Pass South Of I-25 1462 0.075
sngfam 07/02/09 $289,900 94.17 220 Shiprock Peak South Of I-25 1600  
sngfam 07/02/09 $361,000 98.06 73 Cimarron Pass South Of I-25 2353 0.170
sngfam 07/16/09 $549,000 96.36 131 E. Chili Line Rd South Of I-25 2377 0.670
sngfam 07/27/09 $605,000 95.04 96 Firerock Rd South Of I-25 2900 0.960
sngfam 07/01/09 $795,000 91.19 567 E Azulejo Ct South Of I-25 3800 1.214


July 2009

64 Properties sold in the Santa Fe City Limits, July 2009

Type Status Date List $ % DOM Address Area Sq. Feet Lot Size
sngfam 07/02/09 $279,000 89.61 213 W Alameda SF City Limits NE 1729 0.152
twnhm 07/31/09 $449,000 94.99 81 El Duane Court SF City Limits NE
sngfam 07/17/09 $469,000 92.75 129 Cerro Gordo SF City Limits NE 1875 0.140
condo 07/10/09 $130,000 96.92 161 Calle Mejia SF City Limits NW 620
condo 07/22/09 $259,000 96.53 167 Closson Street SF City Limits SE 574
condo 07/15/09 $899,126 91.76 209 Acequia Madre SF City Limits SE 1749
sngfam 07/23/09 $299,000 94.82 195 Kathryn Pl SF City Limits SW-N 1400
twnhm 07/20/09 $192,000 96.35 382 Avenida De Las Americas SF City Limits SW-S 1095
sngfam 07/20/09 $325,000 97.69 27 Candela Street SF City Limits SW-S 1900 0.190
sngfam 07/01/09 $375,000 93.33 328 Corte Ojo de Agua SF City Limits SW-S 1869 0.580
sngfam 07/16/09 $499,000 98.20 178 Second St SF City Limits SW-S 2000
sngfam 07/22/09 $179,000 92.18 198 Colores del Sol Airport Road Area 1257 0.120
sngfam 07/02/09 $194,000 92.78 126 Vuelta Vistoso Airport Road Area 1050
sngfam 07/20/09 $229,000 91.70 500 Cheyenne Cir Airport Road Area 1823
condo 07/21/09 $359,000 93.31 64 Calle Loma Norte SF City Limits NE 1300
twnhm 07/24/09 $384,000 97.66 201 Del Norte Ln SF City Limits NE 1486
condo 07/13/09 $429,000 89.74 262 Rio Grande SF City Limits NE 1450
twnhm 07/16/09 $459,000 86.06 192 Del Norte Ln SF City Limits NE 1486
twnhm 07/22/09 $439,900 97.75 65 La Marta SF City Limits NE 1650 0.080
sngfam 07/14/09 $519,900 98.10 180 Vista Verde Ct SF City Limits NE 1723 1.011
sngfam 07/01/09 $639,000 97.03 55 Los Nidos Drive SF City Limits NE 2531 0.336
sngfam 07/31/09 $699,000 98.00 344 Senda de Daniel SF City Limits NE 2424 0.500
sngfam 07/07/09 $995,000 85.43 175 Paseo de Florencio SF City Limits NE 3214 0.730
condo 07/02/09 $249,000 86.35 115 Franklin Ave SF City Limits NW 900
sngfam 07/13/09 $269,000 93.31 96 Solana Drive SF City Limits NW 1568
sngfam 07/15/09 $274,000 100.00 68 Spruce SF City Limits NW 1827 0.150
twnhm 07/01/09 $410,000 92.68 125 Sentiero Della Villa SF City Limits NW 1557
sngfam 07/14/09 $425,000 89.58 65 W Alameda SF City Limits NW 0.210
condo 07/13/09 $119,000 100.00 91 Miguel Chavez SF City Limits SE 674
condo 07/31/09 $219,000 93.61 648 E Santa Fe Ave SF City Limits SE
sngfam 07/15/09 $349,000 82.23 869 W Cordova Rd SF City Limits SE 900 0.190
sngfam 07/23/09 $499,000 95.19 63 Brother Luke Pl SF City Limits SE 2270 0.650
sngfam 07/02/09 $1,285,000 94.36 393 Camino Atalaya SF City Limits SE 4488 0.977
sngfam 07/30/09 $189,000 92.17 94 Agua Fria St SF City Limits SW-N 0.190
condo 07/29/09 $186,543 100.00 127 Santa Elena SF City Limits SW-N
condo 07/29/09 $194,900 99.98 69 Santa Elena SF City Limits SW-N 1361
sngfam 07/27/09 $252,500 94.65 224 Maclovia St SF City Limits SW-N 1072
sngfam 07/29/09 $284,500 93.43 194 Luana SF City Limits SW-N 1169 0.150
sngfam 07/02/09 $309,900 98.42 156 Osage Dr SF City Limits SW-N 2300
sngfam 07/31/09 $349,900 97.17 32 Tewa SF City Limits SW-N 1124 0.170
condo 07/28/09 $163,000 93.87 43 W. Zia Road SF City Limits SW-S 902
sngfam 07/24/09 $179,000 89.39 12 Calle Brocha SF City Limits SW-S 0.240
condo 07/31/09 $199,900 86.29 179 W San Mateo SF City Limits SW-S 0.020
sngfam 07/27/09 $179,000 97.21 130 Avenida Del Oro SF City Limits SW-S 0.200
twnhm 07/01/09 $220,000 90.91 128 Camino Del Prado SF City Limits SW-S 917 0.080
sngfam 07/30/09 $219,900 93.22 253 Avenida de las Campanas SF City Limits SW-S
twnhm 07/30/09 $222,900 96.90 66 Plaza Blanca SF City Limits SW-S 1330
sngfam 07/20/09 $225,000 96.44 69 Tierra Dr SF City Limits SW-S 1330 0.170
sngfam 07/03/09 $175,000 126.86 102 San Patricio Corte SF City Limits SW-S 1638
twnhm 07/17/09 $225,000 100.00 51 Viaje Pavo Real SF City Limits SW-S 999 0.090

June 2009

31 Properties sold in the Santa Fe County, June 2009

Type Status Date List $ %LP DOM Address Area Sq. Feet Lot Size
sngfam 06/19/09 $321,500 96.42 74 Herrada Road Eldorado Subdivision 1700 1.590
sngfam 06/12/09 $1,399,000 91.14 266 Paseo Aragon Las Campanas Subd 3644 1.640
sngfam 06/22/09 $565,000 88.50 136 Saltillo Ct NW of City Limits 2400 2.500
sngfam 06/17/09 $995,000 91.71 112 Camino Botanica NW of City Limits 4200  
sngfam 06/19/09 $410,000 93.90 105 Eagle Peak South Of I-25 1824 0.160
sngfam 06/01/09 $411,900 99.78 641 Oshara Blvd South Of I-25 3069 0.086
sngfam 06/30/09 $470,000 95.74 158 Camino Sabanero South Of I-25 2389 0.435
sngfam 06/15/09 $480,000 100.00 314 Camino Sabanero South of I-25 2382 0.300
sngfam 06/17/09 $275,000 94.55 176 Las Estrellas Rd La Cienega Area 1550 4.000
sngfam 06/16/09 $369,900 95.97 285 Cielo Lindo La Cienega Area 1621 2.500
sngfam 06/01/09 $485,500 89.80 126 CAMINO MONTOSO Old Las Vegas Hwy 2767 5.560
sngfam 06/09/09 $499,000 96.19 69 Camino Cabo Hwy 285 1826 2.540
sngfam 06/10/09 $549,000 98.36 92 Calle Cal Hwy 285 2660 2.500
sngfam 06/12/09 $599,000 90.74 324 Calle Alexia Hwy 285 2600 2.590
sngfam 06/01/09 $319,000 94.04 104 Cuesta Rd Eldorado Subdivision 1250 1.400
sngfam 06/17/09 $399,900 97.52 57 Valencia Loop Eldorado Subdivision 2972 2.170
sngfam 06/25/09 $407,000 97.05 77 Glorieta Rd Eldorado Subdivision 2035 2.110
sngfam 06/23/09 $499,000 97.34 403 Tetilla Road Eldorado Subdivision 2690 1.500
sngfam 06/17/09 $549,900 92.74 83 Quedo Rd Eldorado Subdivision 2384 1.690
sngfam 06/03/09 $630,000 96.03 299 Balsa Road Eldorado Subdivision 2600 2.400
sngfam 06/26/09 $799,000 93.74 483 Graythorn Drive Las Campanas Subd 2900 1.710
sngfam 06/08/09 $795,000 97.99 68 Paintbrush Cir Las Campanas Subd 3750 1.500
sngfam 06/12/09 $815,000 95.71 36 Paseo Aragon Las Campanas Subd 2760 0.480
sngfam 06/16/09 $899,000 101.33 106 Camino De Colores Las Campanas Subd 2495 0.414
sngfam 06/24/09 $650,000 94.23 86 Calle Vecinos NW of City Limits 3158 0.200
sngfam 06/08/09 $485,900 86.44 364 Double Arrow Road SE of City Limits 2641 5.000
sngfam 06/30/09 $1,495,000 90.13 253 Old Santa Fe Trail SE of City Limits 6075 2.500
twnhm 06/18/09 $260,000 91.92 132 Emory Pass South Of I-25 1444 0.080
sngfam 06/10/09 $549,900 91.83 650 Oshara Blvd South Of I-25 3289 0.109
sngfam 06/26/09 $559,500 98.30 419 Zorrito Ct South Of I-25 3098 1.800
sngfam 06/26/09 $319,000 96.87 51 Domingo Road Eldorado Subdivision 1938 1.290


June 2009

50 Properties sold in the Santa Fe City Limits, June 2009

Type Status Date List $ % DOM Address Area Sq. Feet Lot Size
condo 06/11/09 $249,900 88.04 255 Artist Rd SF City Limits NE 1000
condo 06/01/09 $449,500 94.55 48 Artist Rd SF City Limits NE 1550
condo 06/05/09 $598,000 74.41 324 Monte Vista Place SF City Limits NE 1931
sngfam 06/18/09 $625,000 83.20 256 Bishops Lodge Road SF City Limits NE 4500 1.900
sngfam 06/05/09 $649,000 84.75 296 Llano Largo SF City Limits NE 2344 0.015
twnhm 06/25/09 $920,000 93.48 139 Camino del Este SF City Limits NE 2740
sngfam 06/12/09 $699,000 90.84 338 Camino Francisca SF City Limits NW 2857 0.694
sngfam 06/02/09 $300,000 70.83 117 Columbia Street SF City Limits SE 2279 0.218
sngfam 06/24/09 $319,000 86.83 317 Sanchez St SF City Limits SE 1136
sngfam 06/15/09 $345,000 86.96 143 Don Gaspar SF City Limits SE 2122 0.500
sngfam 06/05/09 $739,950 91.22 177 Camino Delora SF City Limits SE 3165 0.216
sngfam 06/22/09 $1,825,000 87.67 184 Camino Del Monte Sol SF City Limits SE 3966 0.750
condo 06/04/09 $259,900 100.00 185 Calle Linda SF City Limits SW-N 1642 0.100
condo 06/15/09 $146,900 100.07 75 W San Mateo SF City Limits SW-S 870
condo 06/15/09 $253,000 98.81 97 Vegas Verdes SF City Limits SW-S 1171
sngfam 06/08/09 $315,000 96.83 49 Avenida De Las Campanas SF City Limits SW-S 2182 0.240
sngfam 06/18/09 $399,950 94.01 134 Plaza Amarilla SF City Limits SW-S 1759
twnhm 06/02/09 $469,000 99.15 12 Viale Tresana SF City Limits SW-S 2390 0.080
condo 06/04/09 $239,500 96.03 82 Bishops Lodge Road SF City Limits NE 1042
condo 06/29/09 $425,000 84.71 381 Artist Road SF City Limits NE 1000
sngfam 06/24/09 $395,000 100.00 58 Vuelta Roble SF City Limits NE 0.130
twnhm 06/01/09 $435,000 95.40 119 Gonzales SF City Limits NE 1530
condo 06/30/09 $574,500 93.99 151 Catron SF City Limits NE 1134
sngfam 06/10/09 $635,000 96.06 54 Este Ln SF City Limits NE 2497 1.000
sngfam 06/08/09 $675,000 91.48 50 Camino Sin Salida SF City Limits NE 2440 0.347
sngfam 06/05/09 $650,000 98.46 73 Camino Montebello SF City Limits NE 2775 0.190
sngfam 06/17/09 $710,000 97.89 379 La Viveza SF City Limits NE 2200
sngfam 06/01/09 $895,000 97.21 262 Los Arboles Ln SF City Limits NE 3732 1.120
sngfam 06/09/09 $1,050,000 90.71 215 Este Ln SF City Limits NE 3157 1.220
sngfam 06/03/09 $975,000 97.69 196 Vallecita Dr. SF City Limits NE 4250 1.000
condo 06/01/09 $198,000 94.95 38 Kathryn Place SF City Limits NW 684 0.010
sngfam 06/25/09 $214,000 91.82 205 Caminito Montano SF City Limits NW 1032 0.205
sngfam 06/30/09 $300,000 99.33 97 Rio Vista St SF City Limits NW 1764 0.165
sngfam 06/18/09 $325,000 92.31 98 Sombrio SF City Limits NW 1800 0.174
sngfam 06/26/09 $349,000 93.12 56 Santa Fe River Rd SF City Limits NW 1538 0.141
sngfam 06/11/09 $434,000 96.60 240 Cibola Circle SF City Limits NW 1790 0.140
condo 06/03/09 $109,900 100.00 204 Miguel Chavez Rd SF City Limits SE 840
condo 06/28/09 $314,000 91.72 409 Rodeo Road SF City Limits SE 1250
sngfam 06/17/09 $359,900 100.31 254 Camino San Acacio SF City Limits SE 1347
sngfam 06/26/09 $459,000 94.55 36 Don Cubero SF City Limits SE 1450 0.138
sngfam 06/05/09 $435,000 100.00 63 Bandelier SF City Limits SE 2683 0.680
sngfam 06/26/09 $529,000 96.99 284 Calle de Sebastian SF City Limits SE 2384 0.930
condo 06/05/09 $575,000 95.65 513 Old Pecos Trail SF City Limits SE 1286
sngfam 06/05/09 $595,000 97.48 144 Calle Halcon SF City Limits SE 1850 1.540
sngfam 06/30/09 $637,000 98.12 123 S Miracerros Loop SF City Limits SE 2320 0.330
sngfam 06/22/09 $780,000 89.10 103 Don Gaspar Ave SF City Limits SE 3700 0.175
sngfam 06/24/09 $899,000 87.99 116 Plaza Balentine SF City Limits SE 1995 0.200
sngfam 06/15/09 $175,000 77.71 602 Baca SF City Limits SW-N 1750
condo 06/09/09 $202,492 99.89 77 Santa Elena St SF City Limits SW-N
sngfam 06/29/09 $235,000 94.47 34 Family Ln SF City Limits SW-N 1781 0.168

Report favors Santa Fe housing market

It might be hard to believe, given the recent downturn in the local real-estate market, but a national news report predicts Santa Fe will be among the top 10 housing markets in the U.S. over the next decade.

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