Members of the Silver City Regional Association of REALTORS-?, Inc. will write periodic columns under this heading to inform the public about real estate matters.
The opinions do not necessarily reflect the opinions of the Grant County Beat.
ANGEL FIRE, NM – (July 28, 2020) – In a time of social distancing the appeal of a small mountain town with wide open spaces and stunning views is increasing. Angel Fire, New Mexico, located high up in the Sangre de Cristo Mountains, is seeing a jump in real estate sales thanks to families looking for the outdoor lifestyle and realtors who have changed how they do business to accommodate them during this global pandemic.
Longtime Angel Fire Broker, Mike Woolley, RE/Max Mountain Realty, explains.
WASHINGTON (April 16, 2020) – A quarter of Realtors® with clients putting contracts on homes this week had at least one do so without physically seeing the property, according to a new survey from the National Association of Realtors®. For those clients, the median amount of homes toured – either virtually or in person – before putting a contract on a home was just three. NAR's 2019 Profile of Home Buyers and Sellers found buyers typically looked at nine homes before placing a contract on a home.
"Expect second quarter home sales activity to slow down with the broad observance of stay-at-home orders, but sales will pick up when the economy reopens as many potential home buyers and sellers indicate they're still in the market or will be in a couple of months" said NAR Chief Economist Lawrence Yun. "Home prices remain stable as deals continue to happen with the growing use of new technology tools. Remarkably, 10% of Realtors® report the same level of or even more business activity now than before the economic lockdown."
WASHINGTON (April 9, 2020) – With an expected slowdown in spring real estate business activity, many Realtors® remain hopeful for a post-pandemic market rebound, according to a new survey from the National Association of Realtors®. The majority of Realtors®believe buyers and sellers will return to the market as delayed transactions following the end of the health crisis. Nearly six out of 10 members – 59% – said buyers are delaying home purchases for a couple of months, while a similar share of members – 57% – said sellers are delaying home sales for a couple of months.
"Home sales will decline this spring season because of unique economic and social consequences resulting from the coronavirus outbreak, but much of the activity looks to reappear later in the year," said NAR Chief Economist Lawrence Yun. "Home prices will remain stable because of a pandemic-induced reduction in inventory coupled with less immediate concerns over foreclosures."
Your home’s curb appeal is the first chance to impress potential buyers. Whether buyers are wowed by a beautiful and well-maintained yard or are repelled by dirty exterior walls and an overgrown lawn can significantly impact your home’s sales price if you're thinking of selling. Start working on your to-do list now so that your home will be ready to be listed and marketed this spring.
“When buyers pull up to a house, they want to be able to picture themselves living in and coming home to it. Dead grass and chipped paint can make that all the more difficult to visualize,” said Kim Clark, Association Executive of the Silver City Regional Association of Realtors. “Making sure your home is prepared - both inside and out - before you put it on the market could help it sell faster and for top dollar.”
Here are a few tips to make sure your curb appeal is making the best impression on potential buyers:
Grant County saw the highest number of residential sales since 2006 with 366 homes sold though the Multiple Listing Service in 2019. 2018 sales were 344 and 2017 340. The previous two years the median sold price averaged $138k. In 2019 the median residential sales price was $153,750 and the home was on the market for an average of 168 days.
“After so many years, we’re finally in a seller’s market again - our little piece of paradise is on the map, and the real estate market in our area is suddenly super-hot! While property values are increasing again, we’re still in a perfect storm of low interest rates and taxes, paired with affordable home prices. It’s still a great time to buy a home here, but an even better time to sell.” Nikki O'Connell, 2020 President of the Silver City Regional Association of Realtors.
2019’s New Mexico Housing Market ended with sales numbers higher than every year since 2008 (when the New Mexico Association of REALTORS (NMAR) began keeping state-wide statistics) except 2018, which was an off-the-charts year for the housing industry.
New Classified ad has an opportunity for a job as an economic development specialist with the NMSWCOG. Check it out!
Check out Pets to Adopt. The High Desert Humane Society has some new cats and dogs up for adoption.
Those new to providing news releases to the Beat are asked to please check out submission guidelines at https://www.grantcountybeat.com/about/submissions. They are for your information to make life easier on the readers, as well as the editor.
Classifieds: We have changed Classifieds. Check periodically to see if any news ones have popped up. The former software failed us, so it's just a category now, with prices posted. Send your information to firstname.lastname@example.org and we will post it as soon as we can. Instructions and prices are on the page.
Images: We have received complaints about large images blocking parts of other articles. If you encounter this problem, click on the title of the article you want to read and it will take you to that article's page, which shows only that article without any intruders. It's a software problem, not easily fixable, other than showing fewer articles per summary page. If you are a frequent visitor, you might not mind fewer articles per page, but if you only come once in a while, you likely want to see more articles to browse. Write me at email@example.com to let me know your feelings on this issue.
Compliance: Because you are an esteemed member of The Grant County Beat readership, be assured that we at the Beat continue to do everything we can to be in full compliance with GDPR and pertinent US law, so that the information you have chosen to give to us cannot be compromised.
New Columnists: The Beat continues to bring you new columnists. And check out the old faithfuls who continue to provide content.
The Beat has a column for you gardeners out there. The Grant County Extension Service will bring you monthly columns on gardening issues. The first one posted is on Winterizing your houseplants and patio plants.
The Beat totally appreciates its readers and subscribers!
All articles and photos indicated by a byline are copyrighted to the author or photographer. You may not use any information found within the articles without asking permission AND giving attribution to the source. Photos can be requested and may incur a nominal fee for use personally or commercially.
NOTE: If an article does not have a byline, it was sent to the Beat and written by someone not affiliated with the Beat
Don't forget to tell advertisers that you saw their ad on the Beat.
Newsletter: If you subscribe to the Join GCB Three Times Weekly Updates option on the left side of this page, you will be subscribed to email notifications with links to recently posted articles.
Here for YOU: Consider the Beat your DAILY newspaper for up-to-date information about Grant County. It's at your fingertips! One Click to Local News.
Feel free to notify firstname.lastname@example.org, if you notice any technical problems on the site. Your convenience is my desire for the Beat.
Disclaimer: If you find errors in articles not written by the Beat team but sent to us from other content providers, please contact the writer, not the Beat. For example, obituaries are always provided by the funeral home or a family member.
We can fix errors, but please give details on where the error is so we can find it. News releases from government and non-profit entities are posted generally without change, except for legal notices, which incur a small charge.
Thanks for your support for and your readership of Grant County's online news source—www.grantcountybeat.com