NAR Posts

Tuesday, March 22, 2011

Resort Properties of Angel Fire Spring Break Occupancy Rate.

Vacation Rentals:
For the second Holiday of the Winter ski season at Angel Fire Resort, Resort Porpeties' Vacation Rentals were 100% occupied!  Without having to discount our rates, we attribute the success to the long time rental guests who come back each year.  It seems that it is one more sign of some economic recovery happening.

Real Estate:
At this time in Angel Fire and Taos, New Mexico, we have a total of three Freddie Mac foreclosed homes on the market and four preforeclosure properties, also undergoing proceedings.  Contact  us today for a list of the properties or to arrange a showing.  We list most of the Freddie Mac Foreclosure Real Estate in the area!

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Wednesday, March 16, 2011

Good News in Real Estate!


Daily Real Estate News  |  March 14, 2011  |   Share
Survey: Buyers, Sellers Optimistic About Housing
Nearly 70 percent of buyers and sellers say they believe the housing market and property values will recover in the next year or two, according to a new survey by Prudential Real Estate and Relocation Services Inc.

What’s more, 86 percent of the more than 1,000 buyers and sellers surveyed believe real estate is still a good investment despite the souring market conditions in many areas the past few years.

Those surveyed said they also are ready to buy: Six in 10 respondents say they are more interested in buying real estate and 59 percent say they are optimistic about buying now with recent momentum from the economic recovery. They also believe they can get a better deal now because of lower prices.

But many survey respondents said that buying a home relies on them being able to sell their existing home. About 67 percent respondent said they are concerned about getting a fair price for their existing home.

“This survey clearly demonstrates that Americans continue to be optimistic about the real estate market and believe that home prices will rise,” says James Mallozzi, chief executive officer of Prudential Real Estate and Relocation Services. “A key take away from the survey is although consumers recognize that it is a good time to buy, they are concerned about their ability to sell their homes. This is one of the reasons the market is still struggling to recover.”

Source: “Americans Confident in Recovery of Real Estate Market,” RISMedia (March 14, 2011)