Spring begins in Santa Fe. The weather is now mild and sunny, while the bulbs begin to pop up. Spring is a great time to shop for Santa Fe real estate.

Demand for homes remains steady in the $200,000-$500,000 range. Demand continues from local and out of state buyers responding to historically low interest rates. Demand for upper-end homes remains stagnant, a good opportunity for long term investors.

Whatever level of the market you are in, realize that historically low interest rates will not continue forever. Signs that the economy is picking up will push interest rates higher. Note sales of existing homes grew 16.2% from December 2001 to January 2002 according to the National Association of Realtors. Also keep in mind that the Fed has pumped substantial liquidity into the financial system over the past year in order to fuel an economic recovery and improve consumer confidence.

Values in the lower end of Santa Fe's market continue to appreciate steadily. According to Santa Fe Association of Realtor's statistics, the average-priced home in 1990 was $185,000. In 2001 the average-priced home was $283,400.

The lesson here is that we all pay to play in Santa Fe. We investors benefit as our long-term Santa Fe Real Estate investments tend to appreciate steadily where demand is highest, $200,000 - $500,000.

Remember real estate is your investment alternative to the stock market.
Diversified portfolios are stronger portfolios.

New Santa Fe One Realty Listings:
Laughing Crow
La Barbaria Rd
Johnson Ln
Taylor Loop
Rancho Gallina

Contact us today for your free Multiple Listing research:
http://www.tonyatwell.com/contact.html

FINANCE

Call mortgage broker Carla Hiley at New Directions Financial, toll-free at (888) 884-4240 or e-mail cmhiley@msn.com for your free pre-qualification on loans and refinancing.

NEW MEXICO WEEKLY QUOTES, NOW ON LINE!
Get current mortgage rates from the best N.M. lenders now! CLICK HERE

Credit Scoring - Just Do It !!!
Equifax equifax.com 800-685-1111
Experian experian.com 800-682-7654
Trans Union tuc.com 800-916-8800

Income - Jobs in Santa Fe: Check out this job resource page, loaded with essential job and relocation information.

GOVERNMENT & TAXES

Call the experts !
New Mexico Tax and Revenue 505-827-0700
City of Santa Fe 505-984-6500
Santa Fe County 505-986-6200

See Santa Fe Resources / Government
http://www.tonyatwell.com/links.html

STATISTICS

Santa Fe Association of Realtors property statistics

2001 Fourth Quarter Santa Fe Area

Existing and new, single family detached homes sales:

Total City of Santa Fe:

4th Qtr 2001 208 sold, median price $241,000

4th Qtr 2000 202 sold, median price $197,000

Total Santa Fe County

4th Qtr 2001 187 sold, median price $232,900

4th Qtr 2000 153 sold, median price $268,900

Condo/Townhome sales:

Total City & County

4th Qtr 2001 57 sold, median price $198,000

4th Qtr 2000 66 sold, median price $227,000

Note: This representation is based in whole or in part on data supplied by the Santa Fe Association of Realtors or its Multiple Listing Service. Neither the Association nor its MLS guarantees or is any way responsible for its accuracy. Data maintained by the Association or its MLS may not reflect all real estate activity in the market.

Anthony Atwell, Qualifying Broker
tony@santafeone.com,
toll free 1-866-424-4848, cell 505-501-2732

Lou Frey, Associate Broker
Lou@santafeone.com, cell 505-670-5001

Frank Cox, Realtor
frank@santafeone.com, cell 505-501-3116

Hazel Cox, Realtor
hazel@santafeone.com, cell 505-501-3117

Theresa Sanchez, Realtor
tsanchez@santafeone.com, cell 505-603-0247

WEATHER & HABITAT

Average Temperature F, high/low: January 40/19, February 44/22, March 51/28, April 60/3 , May 69/43, June 79/52, July 91/57, August 91/56, September 74/49, October 63/38, November 50/27, December 41/20

Santa Fe averages 300 days of sunshine per year, 11.4 inches of rainfall and 32 inches of snow per year