Santa Fe Home Buyers: Are You Listening to Warren Buffett?

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Real Estate Agent with Keller Williams Santa Fe NM Broker License 16161
http://actvra.in/z5Z

Emily Medvec Santa Fe All Rights Reserved

Santa Fe home buyers: Are you listening to Warren Buffett? During a recent appearance on CNBC in February 2012, Warren Buffett said he would buy up millions of U.S. homes if it were possible. Recently, in a Real Estate Today radio interview by Gill Grosse with Moe Veissi, the 2012 President of The National Association of Realtors®, Warren Buffett is quoted as saying: “If I had the capabilities, I’d buy 200,000 homes across this county. I think that housing in America today will outstrip the investment capabilities of the Wall Street blue chips over the longer term.”

And just yesterday, an affiliate of Berkshire Hathaway, the company owned by billionaire Warren Buffett, purchased one of Connecticut’s largest real estate brokerages!! The company is HomeServices of America Inc and it will acquire Prudential Connecticut Realty network of 500 offices and 1400 agents. It appears Warren Buffett is buying millions of homes one new way or other with yet another real estate company acquisition.

Now, if you have been only thinking about buying a home or 2nd home in Santa Fe, New Mexico in 2012, you might want to pay attention to what Warren Buffett is doing in real estate. Today, there are more people looking for homes in Santa Fe, New Mexico and less inventory. Why? Other people are buying them. Given the historic low interest rates at 4% or less for a fixed 30 year mortgage, this is time for smart buyers to make their move.

If you plan to retire in Santa Fe in the future, now is the best time to purchase a 2nd home and take advantage of our current market and your long term plans. For more information about our local real estate market and how you can take advantage of it, call/text Emily Medvec at 505-660-4541 for details.

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The Santa Fe real estate market is a local one. Real estate news reports and trends in other communities does not apply here. Search all current properties here with a fast and easy list or map search. If you are thinking about selling your home or considering a lifestyle change in relocating to Santa Fe, I suggest you give me a call at 505-660-4541 to schedule a real estate consultation. No one has time or money to waste in this new landscape of real estate. I am available to help you and make a positive difference in your real estate experience. Remember, dreams can be made a reality when you act on them. Emily Medvec

Today, I work with buyers and represent sellers in all price ranges in Santa Fe and throughout northern New Mexico. My focus is to use my experience, vision and strategies to find you opportunities and solutions. My goal is always to save you time and money whether you are buying or selling any form of Santa Fe real estate, including homes, land, town homes, condominiums, ranches and commercial property.

Emily Medvec Copyright 2014 All Rights Reserved 2007-2014

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Rainer
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Debbe Perry
Real Living Carolina Property - Morganton, NC
828.439.3084 Morganton/Lake James NC

Gotta love Warren Buffett! The man know a good investment when he sees one!

Great post recommending the purchase of a home/second home in this market - now's the time! 

April 21, 2012 03:02 PM #1
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Kathleen Daniels
KD Realty - 408.972.1822 - San Jose, CA
San Jose Homes for Sale - Probate Specialist

Emily, Warren Buffett has said some pretty out there things. This is among them: “If I had the capabilities, I’d buy 200,000 homes across this county." What does he mean, If he had the capabilities …. He can buy and do anything he wants!

April 21, 2012 04:39 PM #2
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George Souto
George Souto NMLS #65149 FHA, CHFA, VA Mortgages Connecticut - Middletown, CT
Your Connecticut Mortgage Expert

Emily if there is one thing that Warren Buffett knows is how to make money, so people would be well advised to listen to him when he talks about the Real Estate Market.

April 21, 2012 05:37 PM #3
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Anna Banana Kruchten
Phoenix Property Shoppe - Phoenix, AZ
Phoenix Real Estate Agent, CRB, CRS 602-380-4886

Real estate is has been and will be again a long term investment.  Good ole Warren for getting people out there and moving.  And did you know that Andrea Swiedler is now working for Warren. They call themselves 'Buffet Girls'. He has no idea of what he's in for with her on staff of Prudential CT.

April 21, 2012 05:39 PM #4
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Emily Medvec
Keller Williams Santa Fe - Santa Fe, NM
Realtor, Santa Fe NM |CNE CRS RSPS | 505-660-4541

Debbe, I agree. What I did learn was that the HomeServices of America Inc also owns Prudential California and several other brokerages in the northeast, south and midwest. There is clearly another reason to say it is a good time to buy.

Kathleen, no kidding. He does have the capabilities. If you look at the CNBC link in my post I think you will find his yet another interesting take about the housing market now.

George, it looks like CT will have the same signs for Prudential Connecticut Realty, however there is a lot of consolidation going on within the traditional brokerage model.

Anna, I agree. Andrea Swiedler is not what I would call a "Buffet Girl!"  The Prudential Santa Fe brokerage closed last year. Change is everywhere. The good news is clear. Warren Buffett is not buying real estate companies to lose money!

April 21, 2012 06:18 PM #5
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Emily Medvec

Realtor, Santa Fe NM |CNE CRS RSPS | 505-660-4541
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