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Report favors Santa Fe housing market

Full story: The Santa Fe New Mexican

It might be hard to believe, given the recent downturn in the local real-estate market, but a national news report predicts Santa Fe will be among the top 10 housing markets in the U.S. over the next decade.

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Judge Roy Bean

Bloomington, IN

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#1
Jun 10, 2009
 

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Yea!!! More urban sprawl !!! Just don't flush your toilets ya'll, we need all the water for the thirsty tourists...
Obviously

Santa Fe, NM

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#2
Jun 10, 2009
 
availability of water was not a consideration with these bird-brained boosters. If you look on any newstand these days they are full of these meaningless "10 best lists"

Joined: Nov 18, 2008

Comments: 97

Albuquerque, NM

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#3
Jun 10, 2009
 
Gee, that's good news. Now we can look forward to paving EVERYTHING. Heck with the aquifer, heck with water. Suck that Rio Grande dry and start bulldozing. We want to be even more like a crime-ridden big city that we already are.

Hmm, better start widening roads and building new freeways...
Great news

Santa Fe, NM

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#5
Jun 10, 2009
 
...for re-sales but we don't need anymore development.
Judge Roy Bean

Bloomington, IN

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#6
Jun 10, 2009
 

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Re-Sale? Who's going to buy a house built of mud and sticks when for their money they will want all the newest accommodations so they can show off to their buddies how cool they are to have a S.F. address.

Sorry, give me the mud and sicks any day and leave the part time residents to somewhere else.
Myles Horton Lives

Denver, CO

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#7
Jun 10, 2009
 
Oh, thank goodness for the SF Assoc. of Realtors! They really do have the best interest of the community in mind.

More seriously, many of these questionable predictions are themselves based on highly questionable projections of population growth for the county. Given current trends in the national economy, does it seem plausible that the same numbers of folks will have the money to move here, without a job, and pay our inflated real estate prices? How many well heeled retirees still have the financial wherewithal to move here or buy a "vacation" home here? Our elected officials need to represent the community, and not be overly concerned about the future income of those whose livelihood depends on more development. Let's start with water conservation and our public schools. Maybe US News should do a follow up on the SF Public Schools and the shortage of water?
Hector_Sanchez

Santa Fe, NM

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#8
Jun 10, 2009
 
Well, until unemployment stops rising, allowing incomes to rise, none of these rosy projections is possible.

I love the quote from the Realtor talking about we have to get rid of the supply before prices will rise. Well, duh! And the reason for the large supply? THE PRICES ARE TOO HIGH for people making average incomes to afford one. What's the best cure for oversupply? Lower prices.
neighbor

Santa Fe, NM

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#9
Jun 10, 2009
 

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Everyone wants to be the last person to move to Santa Fe. Get off the high horse and look around you, we all moved here. For over a thousand years this area has been subject of wet periods and dry periods, inspiring cultural migrations in and out of the landscape. Its amazing how residents here always act as if they have all the right to live here and drink the last drop while every visitor supporting this economy is treated like intruders. Government, realestate, history and art all extend the invitation for tourism to this city. We invite tourists here and our economy exists because of them. We are no different than any former resident of Santa Fe who shook their heads upon our arrival and we are subject to the same vulnurability of water shortage that anyone living in the high desert has faced for ages. We are not the first ones to arrive and we won't be the first ones to leave. As the great Zen Master once said......We'll see.
lou

Santa Fe, NM

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#10
Jun 10, 2009
 

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Get rid of Realturds and prices increase 6% instantly!!! WHat a scam they run!!
Geeze

Santa Fe, NM

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#11
Jun 10, 2009
 

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lou wrote:
Get rid of Realturds and prices increase 6% instantly!!! WHat a scam they run!!
Yeah, HWY285 aka Dick Gozinya. We've heard it all before from you too many times under too many names. You've been scammed because you're an ignorant sucker. Think of something new. Find something else to obsess over. Get a life.
smarty

Santa Fe, NM

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#12
Jun 10, 2009
 

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lou wrote:
Get rid of Realturds and prices increase 6% instantly!!! WHat a scam they run!!
I agree 110%!! 6% for selling a home is just plain stupid!! These used home sales man have only themselves to worry about as all they want is their commission. You cant trust them and should not. Someday their monopoly will be broken up.
smarty

Santa Fe, NM

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#13
Jun 10, 2009
 

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Hector_Sanchez wrote:
Well, until unemployment stops rising, allowing incomes to rise, none of these rosy projections is possible.
I love the quote from the Realtor talking about we have to get rid of the supply before prices will rise. Well, duh! And the reason for the large supply? THE PRICES ARE TOO HIGH for people making average incomes to afford one. What's the best cure for oversupply? Lower prices.
Interviewing a Realtard about housing is like asking your waitress does he or she think you should order desert. Only I think most waitresses are smarter, definitely friendlier.
ROTFLMA

Santa Fe, NM

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#14
Jun 10, 2009
 

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smarty wrote:
<quoted text>
I agree 110%!! 6% for selling a home is just plain stupid!! These used home sales man have only themselves to worry about as all they want is their commission. You cant trust them and should not. Someday their monopoly will be broken up.
LOL!!! Lou aka Dick, is replying to his own posts, AGAIN!! LMAO!!

“Hee-hee-hee, snort!”

Joined: Sep 19, 2008

Comments: 2805

Laguna Beach/Santa Fe

ISP: Irvine, CA

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#15
Jun 10, 2009
 
"Moody's Economy based its forecast on employment..."

What employment? Oh yeah, Santa Fe is such a mecca for jobs. Bah! This Moody's Economy company is clueless.
I think

Santa Fe, NM

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#16
Jun 10, 2009
 
smarty wrote:
<quoted text>
Interviewing a Realtard about housing is like asking your waitress does he or she think you should order desert. Only I think most waitresses are smarter, definitely friendlier.
... you've probably had too much dessert in your lifetime. Try some veggies. And why would anyone order a "desert", from a waitress?
smarty

Santa Fe, NM

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#17
Jun 10, 2009
 

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ROTFLMA wrote:
<quoted text>LOL!!! Lou aka Dick, is replying to his own posts, AGAIN!! LMAO!!
What is your obsession with dick? LOL!
smarty

Santa Fe, NM

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#18
Jun 10, 2009
 
I think wrote:
<quoted text>... you've probably had too much dessert in your lifetime. Try some veggies. And why would anyone order a "desert", from a waitress?
Isn't Santa Fe a desert inhabited by ignorant dropouts?+1 for catching it, are you at work at a city building? Time for a break?
yeah

Albuquerque, NM

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#19
Jun 10, 2009
 
smarty wrote:
<quoted text>
Isn't Santa Fe a desert inhabited by ignorant dropouts?+1 for catching it, are you at work at a city building? Time for a break?
Yes, I think we got it. You are an ignorant dropout and you admit it. What does SF being a desert,(and that's a high desert), have to do with your post about waitresses and "desert"? Oh, that's right. You're an ignorant dropout.
Hey Dick

Albuquerque, NM

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#20
Jun 10, 2009
 
smarty wrote:
<quoted text>
What is your obsession with dick? LOL!
I don't think anyone has an obsession with "dick", it's just hilarious when you reply to your own posts as someone else stated.
What else would

Albuquerque, NM

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#21
Jun 10, 2009
 

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one expect from the mouth of a Realtard? This entire article is unbalanced. Kind of like asking a car dealer for his opinion of the new F-150. Why of course the salesperson is gonna rave about it. Ask same question about every car on the lot, and you'll receive same response. If UR really interested in the state of the local housing economy, just drive around, attend open houses. View how many For Sale signs have not budged & are practically falling over. Count how many people, excluding snoopy neighbors, frequent open houses. Look at the vast underdeveloped subdivisions locally. That's the state of the economy, no more complicated than that. Now most realtards will make a big deal over one sale. It seems when they have one lousy client, suddenly the entire Santa Fe housing market is surging and everyone is excited. We often forget just how challenging it is to borrow money. We often forget people have homes they must sell in order to buy in Santa Fe. But realtards neglect to point this out.
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