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Lou Frey, ABR, E-Pro

Santa Fe Market Conditions

Santa Fe seems to be somewhat immune from the mortgage crisis, we have some foreclosures but not much more than the normal.  There are only a few listings indicating short sales.  Sales in terms of units have been weak thus prices are dropping in the lower ranges.  Prices in the middle ranges seem to be firming whereas the upper ranges over 1M are also slipping but the list price to seeling price ratio has always been a little greater than the lower ranges
Published Wednesday, April 30, 2008 4:09 PM by Lou Frey, ABR, E-Pro

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