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ABOUT

RYAN FERGUSON

Ryan is a seasoned real estate professional who is dedicated to setting a new standard for buying and selling properties. He is committed to his clients’ success and is changing the way real estate transactions are handled. As an associate broker at Sotheby’s International Realty, he brings a wealth of knowledge and expertise to the industry, specializing in understanding how lifestyle factors impact the home market.

With over 7 years of experience in the real estate industry, Ryan has developed a keen understanding of property values, marketing, negotiations, and communication. He is passionate about advancing his clients’ dreams and helping them achieve their ideal living situations. In addition to his work in real estate, Ryan is deeply involved in the Santa Fe lifestyle, enjoying skiing, equestrian, and running in his free time. His love for the local community and unique understanding of the real estate market make him a trusted advisor to clients looking to buy or sell in Santa Fe.

Santa Fe Real Estate

Are you searching for Santa Fe, NM properties? Well, you are in the right place as we will provide you with thorough information about the current situation of real estate in Santa Fe, New Mexico.

Santa Fe is the city different for a reason. Fortunately, there’s no mystery regarding Santa Fe real estate. Prices are exploding.

All About Sante Fe, NM

Decades ago, Santa Fe was rated as one of the best cities in the US. Dominated by Native American and Spanish influences, the city was a treasure. It was built at the bottom of the Sangre De Cristo Mountains; it was a fine combination of exceptional adobe-influenced architecture and striking Spanish structures and churches. At this point, the center of the city stays this stunning atmosphere; however, the city has experienced from its reputation. Big numbers of people from nearby cities and states have moved to this place, particularly Californians who want to keep away from high living expenses. Santa Fe has dealt well with this population development, and the communities have a sprawling and imaginative feel to them. A lot of people feel Santa Fe is still a treasure and a gem; therefore, give it a look if you are planning to relocate or move. There are lots of Santa Fe real estate properties to choose from.

Home Buyers Santa Fe

Santa Fe real estate shows a decent chance for investment. You can be a real estate investor provided you do well-informed research, draw a well-calculated plan as well as pay the most suitable price. In Santa Fe, the real estate market offers home buyers a worthwhile investment chance in NM, which home buyers must be considered. Being the city capital, it is a big population that forms the housing market of Santa Fe.

There are lots of aspects and reasons to think of when buying Santa Fe properties; however, before that, you must be able to make a good choice based on whether it forms a part of the hottest Santa Fe homes market for real estate investors.

To start with, the median value of houses or homes for sale in Santa Fe is approximately $482,000. In Santa Fe, the costs of houses have risen over 21 percent, and experts anticipate this price to be higher by about 8 percent in the coming years. The price for every square foot of homes for sale in Santa Fe is estimated to be $260.

For the next couple of years, the housing market in this city is anticipated to be positive. The prediction of the houses for Santa Fe City is 80 percent accurate, and if true, the values of houses are expected to be higher in the last first quarter of the year as opposed to previous years.

Santa Fe NM 85705 is a balanced market where the demand and supply of houses and homes for sales are almost similar.

Just 0.9 percent of bad loans are located around town instead of the 1.1 percent at the national stage. An anticipated 148 houses or properties are in foreclosure because of default, owned by a bank or auction in Santa Fe, and 913 houses are in the listings. The number of houses getting foreclosure fillings has been going down.

The average value for annual home appreciation has been 0.35 percent in the last couple of years.

However, the rates are regarded as one of the strongest in the area. The rate of Santa Fe real estate has been appreciating at a disturbing pace as opposed to other regions of New Mexico.

So, if you’re planning to buy your dream home in Santa Fe, New Mexico, it is vital to know more about the ideal place to invest in. The most vital thing to consider when buying a house is location because it makes demand such that you can set a high value for your property hence earning you a lump sum gain when selling or otherwise.

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Home Sellers Santa Fe

If you want to sell your house in Santa Fe for any reason, we recommend you get the advice of our expert home sellers in Santa Fe prior to selling your house. New Mexico has one of the largest markets of real estate business in the US. You’ll find a lot of deemed reliable home sellers who can provide you with useful information about the homes for sale in Santa Fe. These sources deemed reliable information, know the trends and market values of homes or properties. These values keep changing in the market, just like the share costs in stocks.

You might be worried a bit that you’ll not be able to get a good value. Get rid of this fear from your mind. There are a lot of dealers in Santa Fe who are doing business of buying houses at low prices and gaining profit by selling them at a high price. You might be selling your house to these dealers. They will try to purchase your house at a very low price. That is why it’s always better to consult a home seller in Santa Fe prior to making any sale.

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Best Real Estate Broker of Santa Fe

When looking to sell or buy your house, use a reliable Santa Fe realtor to provide you with as much an advantage as you can. Santa Fe brokers and realtors who have gained the right to call themselves realtors have the experience as well as training to do jobs like discussing, negotiating potential buyers and sellers, and looking for lenders fast and easy. These well-trained brokers can assist you in knowing the real estate market and make a winning strategy. Begin the process of buying and selling your house by looking for a reliable Santa Fe real estate realtor or broker who can assist in making the whole process smoother.

Sotheby's International Realty

This is the only truly international real estate broker with an international network of residential brokerage agencies or companies. With the personal relationships of Sotheby’s International Realty, their home sellers reach an extremely qualified international clientele. Their home buyers get access to amazing properties and real estate brokers everywhere.

The Sotheby’s International Realty is developed on the centuries- long-standing of the world’s preeminent auction house. The history of Sotheby’s International Realty and their unmatched reputation provide real estate listing the best in class exposure they are worthy of making sure they’re working with a reliable partner.

Sotheby’s International Realty was established in 1976 and has become the premier luxury real estate broker in the world. With the vast global footprint of Sotheby’s International Realty, local expertise as well as an unequaled referral network, they make sure that the houses they represent will get the far-reaching and unmatched exposure they deserve.

The international network of Sotheby’s International Realty spans different territories and countries. Look for homes for sale that meet your lifestyle by exploring all that Sotheby’s has to give globally.

How to Select Santa Fe Properties

Owning a dream home might be your plan; however, for the procurement to be the satisfying and fulfilling experience it was intended to be, you have to make sure that you’re mentally and financially ready for the accountabilities that come with it.

Some of you think that homeownership is like leasing, however, with the right to paint walls, refurbish, etc., but, while these rights are available to homeowners in Santa Fe, they come with accountabilities of taxes, mortgages, and home maintenance. Preparation for homeownership needs home seekers to take vital stock of funds and expectations. Identifying properties in Santa Fe is easier if you follow these steps.

Know Your Budget

It is truly discouraging to discover that your profits won’t stretch as far as the home you like to own in Santa Fe. On the other hand, sacrificing a big portion of your profit to compensate the loan can vary, making homeownership a load to carry instead of a point of pride. It is better to purchase a modest home now and look at buying your dream house in a couple of years.

Seek Loan Approval

You should know how much you are able to pay prior to starting your home search in real estate listings. Usual down payments range from ten percent to twenty percent. Still, they might differ depending on credit rating as well as other conditions. Look around as there are an extensive array of loan rates and plans available. Many home sellers will look more positively on a home buyer who is already pre-approved for a loan.

Know More About the Destination City

Your Santa Fe Properties Relocation Professionals can help you collect information on the city you’re moving to. Getting information on the private and public schools, churches, shopping, recreational activities, taxes, as well as other information you may be interested in looking at is just a phone call or mouse click away.

Pick the Ideal Real Estate Broker

Relocation professionals will do a brief interview and help you pick the real estate broker ideal for you. A real estate realtor will be chosen based on the requests, and follow-up will ensure that a good match has been made.

Look for a Home in Santa Fe

Depending on what you’re searching for and the city of the real estate market, the length of time the search can differ. Being internet savvy will save you time. It is also important to search for Santa Fe real estate properties or homes for sale on a dedicated platform or website such as the one you’re on right now.

IDX

The data relating to property in a good and reliable website comes partially from the IDX or Internet Data Exchange (“IDX”) program of Santa Fe Association of REALTORS, Inc. from a copyrighted collection of listings. Real estate listings held by realtors or brokers other than the Santa Fe Association of Realtors come to IDX. All information is deemed reliable but is not guaranteed precise and must be independently checked and verified. The listing broker’s offer of compensation is just intended for participants of the MLS where the listing is filed.

Sign an Agreement

The broker will recommend a superb way to approach an offer if the house is located.

Offers close to the price listed will take less time to bargain than when the value of the listing is further apart.

Apply for a Loan

After the execution of the purchase contract, it’s time to apply for a loan. Having a pre-approval letter from the chosen lender will shorten the time frame. The loan lender will go in many steps to approve the loan, including securing appraisals for the home or property.

There are other factors to consider when buying a home in Santa Fe such as amenities, bathrooms and does the property is located to school, and other features like brick floors and services offered in the area.

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WHAT OUR

CLIENTS ARE SAYING

“ Ryan is extremely skilled in his profession, a savvy businessman, hard working, trust worthy and the list could go on and on. I am thankful for his mentorship and advice over the years and I would welcome any opportunity to work with him in the future. ”

“ Ryan is very detailed and creative. He produce impressive results and guidance, but yet knows when to stop and seek additional input before moving forward. He works very well with a diverse team of people. ”

“ In the time he worked for me, he became a valued and trusted part of our business. He was great with our clients providing top-notch service. ”

“ Professional, talented, and prompt. Professional because when I would ask Ryan for help he always responded positively, despite the multitude of tasks he received. Talented because his product, no matter how mundane the request, was always brilliant. Prompt needs no further explanation. He's fast! ”

“ Ryan has an amazing creative and nurturing drive to think outside of the box and embrace the needs of the client and demand of the market to produce amazing work and an effective marketing plan and strategy. He is extremely dedicated on achieving the highest quality outcome for every aspect of his client's needs in regards to all aspects of their overall plan. Ryan is the kind of focused creative strategist today's businesses need. ”

“ Ryan is a talented, creative individual who continually advances his knowledge of the industry. Through technological development he adds services. He has wonderful ideas and really wants to do the very best for the client. His easy going nature adds much pleasure to the work environment. He's extremely fair and honest. ”

SIGNIFICAnt SALES

Sotheby’s International Realty announced that its global network achieved a record US$204 billion in 2021 global sales volume, a 36% increase in sales growth year over year, as U.S. cities saw a resurgence of interest following the pandemic and sales activity in secondary and resort markets around the world remained strong. The brand’s U.S. sales volume grew by 33.8% year over year, significantly outpacing NAR’s national increase of 20.6% from the prior year,¹ underscoring the brand’s leadership in the high-end market.

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MARKET REPORT

For the second quarter of 2022, Santa Fe has seen a bit of a slow down but the market is still very strong. Median sales price has increased 24% to 645k, average days on market has decreased 21% to 23 days, and closed sales has decreased 24% to 505 sales. These number are all compared to Q2 of 2021. Please click the button below to seem more.

Single Family Homes & Condos / Data Source: Santa Fe Association of Realtors MLS