Santa Fe Prices Going Up?

By
Real Estate Agent with Choices Real Estate

Get out your crystal ball and see if you see what Fiserv is predicting:

Home prices in Santa Fe to rise by more than 25% in the next four years!

According to an article published on www.realtor.org, and originated by Vanessa Wong of Bloomberg Business Week on October 9, 2010, the financial services technology firm Fiserv is predicting significant increases in home prices beginning next year for 10 metropolitan areas, including Santa Fe, New Mexico. David Stiff, the chief economist at Fiserv, says that by 2014 homes prices all over the country will have rebounded by an average of over 7% over 2010 prices, but foresees skyrocketing price increases of more than 20% for ten specific areas, including Santa Fe.

The ten lucky housing markets?

1. Washington State: Bremerton-Silverdale, +44.7 percent

2. Oregon: Bend, +33.6 percent

3. Michigan: Detroit-Livonia-Dearborn, +33.1 percent

4. California: Napa Valley, +31.7 percent

5. Nevada: Carson City, +31.6 percent

6. Florida: Panama City-Lynn Haven-Panama City Beach, +26.9 percent

7. Arizona: Flagstaff, +26 percent

8. New Mexico: Sante Fe, +25.8 percent

9. Wyoming: Cheyenne, +23.7 percent

10. Alaska: Anchorage, +20 percent

 

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New Mexico Santa Fe County Santa Fe
Groups:
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New Mexico Luxury Real Estate
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Realtors®
Tags:
home prices
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Rainmaker
373,237
Pat Champion
Coldwell Banker Camelot Realty - Mount Dora, FL

Great news except I didn't see my market on the list of going up. Hopefully, this is good news for all markets.

Aug 17, 2010 05:26 PM #1
Anonymous
Anonymous
visitor

I would love to see the source material on this.  How is it that an article dated October 9, 2010 is appearing now, in August 2010?  I guess they truly can predict the future, since they're in it.

Aug 18, 2010 10:55 AM #2
Rainer
52,109
Victoria Murphy
Sotheby's International Realty - Santa Fe, NM
Santa Fe, NM

Laura,

Tahnk you for the article.  We here in Santa Fe are always thrilled when we get quick press.

Aug 31, 2010 01:22 PM #3
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Rainmaker
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Laura Warden

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