It’s officially winter and the holiday season has come & gone. Now what?
For those who have been pondering the idea of selling or buying, winter – believe it or not – is actually the best time to sell & buy a house, condo, or Live/Work Loft. This is very contrary to what popular opinion holds, but online real estate brokerage Redfin dug into the data of home sales from November of 2009 to November of 2010 with stats to show why.
They analyzed sales over the four seasons and compared the number of listings, median days to sale, the percentage sold within a year of being listed, and the median sale to original list price ratio. In all four areas, winter sales outperformed all the other seasons, with the exception of days on the market, where spring sales were the speediest.
• Homes listed in winter sell faster: 46 days in winter vs. 55 days in summer
• Homes listed in winter are more likely to sell: 59.2% sell in winter vs. 53.1% sell in summer
• Homes listed in winter sell closest to their original price: a 2.7% drop from the final price in winter vs. a 5.2% drop from the final price in summer, worth more than $7,000 on a $300,000 home
The Santa Fe area followed the trends of the rest of the country. There was less competition in the winter as the least amount of listings were added. Compared with the median, there was 21.6% less number of listings in the winter. Santa Fe winter sales saw the most percent sold and also got closest to their original list price. Spring sales happened a bit quicker than winter, but not by much.
It’s time to buy in Aldea de Santa Fe! Mortgage rates are at its lowest in years.
Living in Santa Fe has so many more benefits: quality of lifestyle, the variety of cultures, the sophistication of the community and the ever-changing views. Life in Aldea, just 8 minutes form the Santa Fe downtown plaza, is an amazing mixed use new urbanist community that offers a quality of life you won’t find anywhere else. You can come join us and help create a vibrant community by buying the most affordable live work loft located on the Aldea Plaza. With approximately 3,600 sq. ft. & three levels, you have 360 degree views in an upscale community where you can enjoy a live, work, play lifestyle with no commute.
Loft #17 is priced aggressively below the building construction cost, at an asking price that includes the land for free!
Just REDUCED!!! $539,000.
Call now for a tour. 505.603.9300
For more information, visit Aldea Lofts, www.AldeaLofts.com





We all know that the real estate & construction industry is still in a slump. It makes no financial sense to build a new home when construction costs have continued to climb and the housing prices have declined, making it more cost effective to buy a pre-existing building that meets ones needs. Live/work properties can be a great investment for small business owners or people who need extra space for hobbies, fitness equipment and/or entertainment areas.
Housing starts rose more than expected in June to touch a six-month high and permits for future construction unexpectedly increased, a government report showed on Tuesday, likely reflecting growing demand for rental apartments.