Eldorado in Santa Fe https://eldoradoinsantafe.com Eldorado and Santa Fe NM Real Estate Sat, 07 Apr 2018 19:37:03 +0000 en-US hourly 1 https://wordpress.org/?v=4.9.5 Eldorado Real Estate Report – Oct. 2017 – March 2018 https://eldoradoinsantafe.com/eldorado-real-estate-report-oct-2017-march-2018/ https://eldoradoinsantafe.com/eldorado-real-estate-report-oct-2017-march-2018/#respond Sat, 07 Apr 2018 19:24:23 +0000 https://eldoradoinsantafe.com/?p=4069 Here is the monthly Eldorado Real Estate Report covering the last six months from October 2017 through March 2018.   **Low inventory means higher prices. ** Listing prices are increasing due to the lack of available homes on the market. Multiple offer situations are back. If you are looking for a home in Eldorado, best to […]

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Santa Fe Home Prices Surge https://eldoradoinsantafe.com/4062-2/ https://eldoradoinsantafe.com/4062-2/#respond Fri, 06 Apr 2018 13:03:14 +0000 https://eldoradoinsantafe.com/?p=4062 Santa Fe Home Prices Surged in First Quarter By Joseph Ditzler | The New Mexican Apr 4, 2018 Updated Apr 4, 2018  (1) Falling inventory is a concern as the spring selling season gets underway, said Kurt Hill, association president. The number of homes of all types listed for sale in the city and Santa Fe County […]

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Santa Fe Home Prices Surged in First Quarter
  • By Joseph Ditzler | The New Mexican
  • Updated 
  •  (1)

Falling inventory is a concern as the spring selling season gets underway, said Kurt Hill, association president. The number of homes of all types listed for sale in the city and Santa Fe County at the end of March dropped to 953, down from 1,254 at the end of December and 1,391 in March 2017, the group’s quarterly reports show. That number has steadily declined from nearly 4,000 in mid-2008.

 

“My biggest concern is inventory. We have built very little since 2008,” Hill said Wednesday. “We can’t help but see prices go up without building.”

Housing affordability continued to decline, the association said. In the first quarter, the median household income in the Santa Fe area was 85 percent of what is necessary to qualify a buyer for a median-priced home under current interest rates. The affordability index was 90 percent one year ago, according to the association.

 

Hill said demand for affordable housing is increasing as employers such as Meow Wolf and Presbyterian Healthcare Services, among others, bring new workers to the city. On the other hand, the conversation around affordable housing in Santa Fe is becoming more urgent and involves more sectors of the community, he said.

 

“We’re going to get to a critical situation soon unless we have some bust in the dam,” he said. “What that is, I don’t know.”

 

The $360,000 median price of a single-family home sold in Santa Fe during the first three months of this year was 11.6 percent higher than the first quarter of 2017, according to the data released Wednesday. The median was 10.8 percent above the fourth quarter 2017 median, $325,000, the data showed.

 

In Santa Fe County, the first-quarter median sales price rose 7.9 percent to $441,685 over the first quarter of 2017. However, it fell 13.2 percent from the fourth-quarter median, $508,750.

 

In the city, 225 single-family homes were sold in the first quarter, 19 more than sold in the same period last year. In the county, 158 homes were sold, seven more than first quarter 2017, according to the Realtors association.

 

Homes of all types in the city and county spent less time on the market, an average 90 days, than the same period in 2017, an average 140 days. That number has declined steadily from a high of 220 days in first quarter 2012, according to the association report.

 

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Eldorado Real Estate Report – Sept. 2017 – Feb. 2018 https://eldoradoinsantafe.com/eldorado-real-estate-report-sept-2017-feb-2018/ https://eldoradoinsantafe.com/eldorado-real-estate-report-sept-2017-feb-2018/#respond Thu, 08 Mar 2018 02:03:44 +0000 https://eldoradoinsantafe.com/?p=4011 Here is the monthly Eldorado Real Estate Report covering the last six months from September 2017 through February 2018.   **Inventory Remains Low** Listing prices are increasing due to the lack of available homes on the market. Multiple offer situations are back. If you are looking for a home in Eldorado, best to get your […]

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Eldorado Real Estate Report – Aug. 2017 – Jan. 2018 https://eldoradoinsantafe.com/eldorado-real-estate-report-aug-2017-jan-2018/ https://eldoradoinsantafe.com/eldorado-real-estate-report-aug-2017-jan-2018/#respond Wed, 07 Feb 2018 18:58:52 +0000 https://eldoradoinsantafe.com/?p=3945 Here is the monthly Eldorado Real Estate Report covering the last six months from August 2017 through January 2018.   **Low inventory means higher prices. ** Listing prices are increasing due to the lack of available homes on the market. Multiple offer situations are back. If you are looking for a home in Eldorado, best to […]

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Living the Dream: I Retired to Santa Fe https://eldoradoinsantafe.com/living-dream-retired-santa-fe/ https://eldoradoinsantafe.com/living-dream-retired-santa-fe/#respond Wed, 07 Feb 2018 16:02:18 +0000 https://eldoradoinsantafe.com/?p=3940 Living the Dream: I Retired to Santa Fe What’s it really like to retire and start fresh in the Land of Enchantment? We asked someone who did it. By Winona Dimeo-Ediger on February 5, 2018 10:00 AM Courtesy of Davel5957 Welcome to Living the Dream, a Livability.com series about people who made their big dreams a reality — and […]

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Living the Dream: I Retired to Santa Fe

What’s it really like to retire and start fresh in the Land of Enchantment? We asked someone who did it.

By Winona Dimeo-Ediger on February 5, 2018 10:00 AM

Santa FeCourtesy of Davel5957

Welcome to Living the Dream, a Livability.com series about people who made their big dreams a reality — and the places and communities that made it possible. Do you know someone who’s carved out a unique lifestyle or business in a small town or small to mid-sized city? We’re always looking for great stories. Email our editor for a chance to be featured!

Today we’re featuring Robert Basler, a journalist who, along with his wife Barbara, decided to relocate to their dream city after retirement. Here, Robert shares the story of how they made a nearly spontaneous cross-country move, tips for starting over in a new place, and why Santa Fe dinner parties are the best dinner parties. 

Robert Basler

Name: Robert Basler

Age: 70

Location: Santa Fe, New Mexico

Occupation (pre-retirement):

Journalist. Several newspapers, then three decades with Reuters.

How long have you lived in Santa Fe?

Five years

Where did you live before moving to Santa Fe?

Lots of places, but the last three cities were Washington, DC, Hong Kong and New York.

Santa Fe Doorway

Photo by Robert Basler

Do you remember your first trip to Santa Fe? Did you instantly know this was a place you wanted to live?

It was 1996. We had recently moved back to the States after eight years in Hong Kong, and wanted to show our young son places that were very different from what he was used to in Asia. Santa Fe certainly qualified. But it would be some 15 years before we would decide this was the perfect place for us to live.


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Had you always known you wanted to retire somewhere else? What factors did you take into account when choosing where that would be?

We loved DC, but it was not a place to retire. If you’re not in a sexy job, you’re kind of invisible there. We had always assumed we would retire in the East, but when our son finished grad school and moved to Los Angeles, my wife suggested Santa Fe and it just seemed perfect. We visited again in 2011 to celebrate our 40thanniversary and spent a few days pretending we lived here to see what it would be like. One night, watching the mountains and the sunset and the stars from our hotel balcony, I said if we could live here, why would we go anywhere else?

New Mexico

Photo by Robert Basler

Once you decided to move, how did you go about making the dream a reality? Did the process go smoothly?

We found a real estate guy during our 2011 visit and told him we would probably be moving here in four or five years. Then we returned to DC, did the math, decided we could afford retirement, and nine months later we were living in Santa Fe. So yes, it went smoothly.


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Santa Fe intersection

Photo by Robert Basler

How did you go about getting settled in, meeting new people, and carving out your new routine? Was there anything about Santa Fe in particular that made this process easier or more difficult?

Let’s be honest: to use the clinical term, what we did was totally insane. We packed up our two dogs and two cats, drove cross-country for five days and arrived in a city were we knew not one single soul apart from our real estate dude. Who does that?

Santa Fe Blankets

SharonFoelz/iStock Photo

Luckily, there are so many transplants here they have created their own informal support system. I think we know maybe two people here who grew up in New Mexico. The rest are from all over the country. Back in DC, your first question when you met someone new was, “What do you do?” In Santa Fe, you’re not supposed to ask that. If people want you to know what they used to do, they’ll tell you. Many don’t, because they are reinventing themselves and don’t want their past to get in the way. You just respect that and move on. Then, when you get home, you Google them.


8 Places to Stop and Sip Along Santa Fe’s Margarita Trail 


Tell us what a typical day looks like for you in Santa Fe.

We live in a place honeycombed with wonderful mountain hiking trails, and we use them nearly every day, doing four or five miles on rocky paths. Apart from that, nothing is really typical. I’m on the Board of the Santa Fe Animal Shelter, and that keeps me pretty busy. So does our own pack of pets. We also foster tiny kittens for the Shelter, and at times we’ve had as many as 10 animals in our menagerie. Try that sometime. I do most of the cooking, and that involves shopping for the freshest ingredients every day.

Santa Fe Shelter

Photo by Robert Basler

Do you have any tips for building community in a new place, especially in retirement?

I guess my only tip is to keep an open mind. Don’t try to plan retirement the way you planned your life. Fifteen months after we moved to Santa Fe I was writing a regular humor column for an alt-weekly newspaper, I was on the Shelter Board and I was studying Spanish. I didn’t plan on any of that, I just let it happen.

Santa Fe Railyard

ShaunaE/iStock Photo

What’s something that surprised you about relocating to Santa Fe?

How very, very smart the people are. If you go to a restaurant, the folks at the next table will be having the most interesting conversation you’ve ever heard. Everybody here is approachable. Everybody. A boorish snob wouldn’t last long in Santa Fe. You know who you are.


Want to Experience the True Magic of Santa Fe? Order a Breakfast Burrito


It’s probably connected, but I’m also impressed by the spirit of adventure here. I was at a dinner party for eight a few days ago and all eight guests had been to Cuba! No, that wasn’t supposed to be a theme, it was just a happy accident.

Another surprise was what a difference the 7,000-plus feet above sea level altitude makes. I love to cook, but many of my East Coast recipes are useless here. I had to take a high-altitude cooking course, and five years later I’m still getting the hang of it.

New Mexico

Photo by Robert Basler

What advice would you give other people who are hoping to retire in a new place? Anything you wish you’d known before you did it?

Do your homework. Before we made our final decision we had a pretty good idea of Santa Fe’s politics, weather, cultural offerings, taxes, housing and medical facilities. We knew Santa Fe has a small town feel with big city amenities, like a symphony, a world-class opera, visiting artists and lecturers and a couple hundred great restaurants.

Santa Fe Christmas

Photo by Robert Basler

What do you like most about Santa Fe?

Good God, y’all! Do you have a week? People. Sunsets. The “City Different” kind of vibe. Lights on the Plaza at Christmas. The magical walk up iconic Canyon Road on Christmas Eve. The fragrant smell of pinion logs burning in our fireplace. The aroma of fresh chiles being roasted outside during the season. Taking out-of-town visitors hiking at Kasha Katuwe and showing them Meow Wolf and blowing their minds both places. The free outdoor concerts at the Bandstand throughout the summer. Bird-watching at the Audubon Sanctuary. The very real sense of history in a city that was established years before the pilgrims landed at Plymouth Rock. The fact that two different downtown buildings have bronze plaques claiming to be the site of the jail where Billy the Kid was incarcerated. And the fact that you would never, ever, ever mistake this dusty little cowboy town for anyplace else on earth. Those are the things I love most.

Santa Fe

ivanastar/iStock photo

I just have to ask: where’s the best place in town to get a burrito?

I’m a Harry’s Roadhouse or Tune Up Café kind of guy.

Anything else you’d like to add?

Yes. If you come here, be prepared to stay. You’ve been warned.

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Eldorado Tree Pruning Workshop https://eldoradoinsantafe.com/eldorado-tree-pruning-workshop/ https://eldoradoinsantafe.com/eldorado-tree-pruning-workshop/#respond Fri, 02 Feb 2018 19:45:11 +0000 https://eldoradoinsantafe.com/?p=3923 Eldorado Tree Pruning Workshop Feb. 27, 5 – 7 pm Vista Grande Public Library The ECIA Road Committee is once again sponsoring a tree pruning workshop for residents of Eldorado and the 285 Corridor. Admission is free and no advance sign-up is required. The workshop will be given by Tom Dominguez, the Santa Fe County Agricultural […]

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Eldorado Tree Pruning Workshop

Feb. 27, 5 – 7 pm Vista Grande Public Library

The ECIA Road Committee is once again sponsoring a tree pruning workshop for residents of Eldorado and the 285 Corridor. Admission is free and no advance sign-up is required. The workshop will be given by Tom Dominguez, the Santa Fe County Agricultural Extension Agent, and will cover pruning techniques, timing, and tools. If time, weather, and daylight permit, a practical demonstration will be given on one of the roadside trees near the Library. Please direct any questions to John Gervers at johngervers@gmail.com or by phone at 202-236-3940.

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Why Wait? List Now and Sell Fast! Eldorado https://eldoradoinsantafe.com/wait-list-now-sell-fast/ https://eldoradoinsantafe.com/wait-list-now-sell-fast/#respond Wed, 31 Jan 2018 19:41:00 +0000 https://eldoradoinsantafe.com/?p=3913 The post Why Wait? List Now and Sell Fast! Eldorado appeared first on Eldorado in Santa Fe.

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Eldorado listings

Don’t wait – list now.

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First Time Open – Sunday Jan. 14, 1-3 pm https://eldoradoinsantafe.com/first-time-open-sunday-jan-14-1-3-pm/ https://eldoradoinsantafe.com/first-time-open-sunday-jan-14-1-3-pm/#respond Fri, 12 Jan 2018 16:45:12 +0000 https://eldoradoinsantafe.com/?p=3870 35 Alondra Road │ $439,000 3 bedroom, 2 baths, 2,204 sq. ft. Beautiful Eldorado custom home by Homes by Marie. Dramatic dining room with gorgeous kiva and banco. Generous master suite has kiva fireplace double sinks, stand up shower and soaking tub. An office/home gym area is off the master with a wet/dry sauna. Good separation […]

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35 Alondra Road │ $439,000
3 bedroom, 2 baths, 2,204 sq. ft.
Beautiful Eldorado custom home by Homes by Marie. Dramatic dining room with gorgeous kiva and banco. Generous master suite has kiva fireplace double sinks, stand up shower and soaking tub. An office/home gym area is off the master with a wet/dry sauna. Good separation between owner’s suite and guest wing. Living room has a kiva fireplace, high viga ceilings and custom shutters. Eat-in kitchen has a pantry and rear portal access. In-floor natural gas radiant heat and tankless hot water heater. Oversized 2-car garage with storage and workshop space. Additional storage unit attached to garage. New roof in 2014. Cherry, peach and apple trees and a grape arbor with blush and purple varieties. Long and deep covered rear portal.

 

 

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Eldorado Real Estate – 2017 Sold Data for Lisa Smith https://eldoradoinsantafe.com/eldorado-solds-lisa-smith-santa-fe-properties/ https://eldoradoinsantafe.com/eldorado-solds-lisa-smith-santa-fe-properties/#respond Mon, 08 Jan 2018 23:59:23 +0000 https://eldoradoinsantafe.com/?p=3852 It was a pleasure to represent buyers and sellers on these 20 Eldorado/Highway 285 properties. The volume is almost to 2006 levels, but not pricing quite yet. Thank you for a wonderful year.    

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It was a pleasure to represent buyers and sellers on these 20 Eldorado/Highway 285 properties. The volume is almost to 2006 levels, but not pricing quite yet. Thank you for a wonderful year.

 

 

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2017 Eldorado Real Estate Market Report – Good News! https://eldoradoinsantafe.com/3842-2/ https://eldoradoinsantafe.com/3842-2/#respond Mon, 08 Jan 2018 00:28:16 +0000 https://eldoradoinsantafe.com/?p=3842 Here is the year end review of the Eldorado Real Estate market as well and the December numbers. 171 homes were sold in 2017 169 homes were sold in 2016 for comparison purposes at the height of the market in 2006 – 182 homes were sold. 2018 could tie or beat 2006 as far as volume – we shall […]

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