Latest Quarterly numbers for our local Angel Fire and Taos Real Estate Market

1031 exchanges in New Mexico

1031 Real Estate Exchanges
The link above is an excellent resource if you are considering doing a 1031 Exchange in New Mexico.  A 1031 Exchange is a useful way of escaping capital gains taxes.  The technique is explained in the article the link will take you.
 

2nd quarter trends for Taos County Housing. Up $6,000,000 from last year!

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Housing Prices on the Rise!

Great News for Many Cities.  As many of you know, we have had the same trend in the Taos County Association of Realtors Area as well!

http://www.bloomberg.com/news/2012-05-09/home-prices-rise-in-half-of-u-s-cities-as-markets-stabilize.html

Angel Fire Update

Spring is finally here in Angel Fire, New Mexico.  The Ski hill is closed for the season and the prairie dogs are out of the ground!  Like everywhere, spring is early this year.

The selling season has started early in Angel Fire and Taos, as well. There has been great real estate activity this month!   If you have followed my earlier blogs, you can see that our average prices, compared to last year have inched up. 

Vacation Rentals were only down a little under five percent this ski season!  We feel very lucky that it wasn't worse, when you consider the factors of the economy and rising gas prices.

There will be a new restaurant opening in July at the Village Center, where Yu Garden used to be located.  It will be called "The Pub and Grub" and features freshly prepared cuisine, as opposed to the pre packaged food items so many restaurants use on their menus.  Be sure and stop in this summer and say hello to the new owners, Steve and Shelly Larson!

Taos County Association of Realtors 4 Quarter Statistics

Fine Dining in Angel Fire

Picture courtesy Angel Fire Resort

We all like to have a special dinner, especially, when you are on a vacation.  Exploring the local restaurants is just as  much fun as going skiing or golfing to many vacationers!  I  know my husband, Michael Stille and I love to find new places to eat!

We recommend two restaurants for Fine Dining in Angel Fire.  The Angel Fire Resort Country Club and Roasted Clove are our two favorites! 

Check out Roasted Clove's Menu at http://www.roastedclove.com/menu.  Chef Tom Bowles is a master at "New Mexicanizing" a favorite entree!  My favorite is the Southwest Shrimp dish!

Here is the menu for the Country Club Restaurant at Country Club Dinner Menu.  Chef Mattias is always coming up with some new dish, and is great at food pairings that you wouldn't have thought to put together.  I dearly miss his Pea Soup with Lobster!  My favorite dish there is the Salmon with Risotto and Baby Artichokes.

Both venues are very accommodating for guests who have special dietary needs.  I am a Vegan and my Husband is Dairy Allergic and we have yet to reieve an "Off" meal!

So the next time you are here skiing, golfing, or looking for Angel Fire Real Estate, plan on setting aside at least one night to enjoy Angel Fire Cuisine.