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Moo Thorpe
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    GRI: Graduate REALTOR® Institute

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Sotheby's International Real Estate
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Santa Fe, NM

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Archive for June 2009

Summer is a Great Time to Buy or Sell a Home in Santa Fe!

Friday, June 26th, 2009

Summer is a wonderful time in Santa Fe. The weather is a delightful mix of hot intense sun intermixed with cool breezes and rain from afternoon thunder clouds. At night our high mountain air ensures we keep sweaters handy while watching dramatic sunsets.

This invigorating climate, dramatic landscape, and historic architecture have drawn people to spend summers here for years. Before air conditioning, Santa Fe was a haven for many families escaping the hot and humid climates of Texas and Oklahoma. Many of these families eventually bought homes in Santa Fe as it became such an integral part of their family traditions.

Traditionally, summer and fall is our strongest real estate season. Many schedule their trips to blend buying property with one of our fantastic summer events such as The Santa Fe Opera, the Santa Fe Folk Art Market, The Santa Fe Chamber Music Fesitval, The Hispanic Market, the Santa Fe Fiesta, and Zozobra. Whether you are considering land with big views, a historic adobe home, or luxury estate property, summer is a terrific time to be here!

P.S. Please let me know if you would like a copy of our State of the Market Report. We will be sending out an updated version soon after the quarter ends on the 30th! Just e-mail me to let me know!

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Posted in Buy a House | No Comments »

Las Campanas Offer Luxurious Value!

Wednesday, June 17th, 2009

Come live an inspired life at Las Campanas where views of the Sangre de Cristos and Jemez mountains surround you.

Lifestyle:

  • Two Jack Nicklaus Signature Golf Courses
  • A complete Equestrian Center
  • A well-appointed Spa & Tennis Center
  • An inviting Hacienda Clubhouse that serves as the heart of the community

Las Campanas was created as a community where people would be able to live the life they’ve always imagined, where homes could be set like jewels between endless mountain ranges. Bathed in bright sunshine and blessed with cool, dry mountain air, Las Campanas is a 4,700-acre community where members enjoy the natural beauty of New Mexico, pursue a myriad of recreational activities, and find the serenity and privacy they have long sought.

At Las Campanas you are free to turn your dreams into reality, anything is possible. It is an environmentally sensitive community rich in the amenities required to lead a full life and equally rich in the opportunities to meet new friends and share moments with family and old friends. With Las Campanas as your center, you can experience the cultural life of Santa Fe and the multicultural history and traditions that make New Mexico the Land of Enchantment.

Currently Las Campanas offer some of the best values in luxury homes in all of Santa Fe’s market.  Most homes are situated on 1+ acre lots and have been custom built and designed and feature fine finishes and craftsmanship.  Prices range from the mid $700,000′s to $4,000,000 +.   Here is a sampling of current listings that represent excellent values:

24 Violet Circle…..$749,000      http://loginlax.rapmls.com/Menu.aspx?hidMLS=SFE

35 Koshari ……..$925,000         http://loginlax.rapmls.com/Menu.aspx?hidMLS=SFE

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Posted in Luxury Homes | No Comments »

Santa Fe’s Market is Moving!

Wednesday, June 10th, 2009

After many months of diminished sales activity, those of us “in the trenches” are experiencing a definite up tick in sales activities. Within Sotheby’s the number of showings has consistently risen in each of the past few months which is now resulting in increased pending contracts. Consider that year to date, there have been 19 sales of homes over $1,000,000 and as of today, there are 12 homes that have recently gone under contract for over $1,000,000!

We are also experiencing increased interest and sales in Zocalo, an award wining condominium community designed by Ricardo Legoretta. There are tremendous values available in this unique spot 5 minutes from Santa Fe’s historic center. Modernist in design, these homes range from 1100 square feet, 2 bedroom/2 bath starting at $250,000 up to 2500 square feet, 3 bedroom/3.5 baths at $650,000. Homes feature lots of natural light with high ceilings, concrete, tile, and stone floors, tile and granite counters, travertine baths……..In addition the community features a terrific community center with lap pool, hot tub, fitness center, and walking trails!

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Posted in Community, Condos | No Comments »

Sotheby’s Continues To Be A Leader!

Thursday, June 4th, 2009

It is such a pleasure to be associated with our fine company! Although not the largest company by number of agents in Santa Fe, we do have the most productive agents in town. A recent review of what companies are selling the most in many of our popular areas shows that we continue to hold market share. Here is a listing of our market share in these communities / neighborhoods based on our current listings year to date:

  • Las Campanas – 44.85%
  • Monte Sereno – 74%
  • Zocalo – 75%
  • Estancia Primera – 60%
  • Eastside/Historic Eastside – 55.38%
  • La Tierra / La TierraNueva – 60%
  • Quail Run – 61.90%
  • Santa Fe Summit – 59.62%

On a broader note, we are experiencing a pick up in activity with both showings as well as pending contracts. This is positive as it reflects the seasonal rhythm we have always enjoyed of the market picking up in the late spring through the fall. Santa Fe remains a strong draw for both full time and vacation ownership and now is the best time to buy we have had in years!

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Posted in Buy a House | No Comments »

Market Recap

  • Avg. Sales Price: 379,000

  • Avg. Days on Market: 69

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