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How do we make your Taos real estate experience remarkable?


As a member of Leading Real Estate Companies of the World, High Country Real Estate Services is focused on meeting your Taos real estate objectives, offering turnkey Taos relocation services, global networking through RELO Home Search and membership in MLS associations from Taos and Santa Fe to Albuquerque, NM. You can search featured Taos properties, all Taos real estate and all Santa Fe real estate MLS listings or discover Taos and Taos resources on our site. Our multi-lingual REALTORS® hold appraiser and multi-state licenses, and they sell Taos real estate twice as fast as the average Taos County REALTOR! Whether you’re buying or selling Taos property, we can help you cover the windows, design, stage, landscape and manage it for you. Discover what our clients realize. Real estate remarkable.

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Fourth quarter Taos real estate trends and Taos news!

Every quarter we update this information with current Taos real estate market data, featured Taos real estate listings, industry news, special events in Taos, and noteworthy Taos news. You’ll be able to track our Taos real estate market and see how the Taos community is making news, or plan your Taos visits around special events with the use of our Taos area maps. Feel free to contact us with any questions.

 

Taos real estate market data: Fourth Quarter, 2011

Our market showed increased land activity in the fourth quarter. Residential inventory levels declined over last quarter 24% with 747 active residential listings while land inventory declined with 1005 active land listings. Pending sales are down 200% compared to last quarter with 21 residential sales. Pending land sales are up 70% with 23 currently under contract. Residential single family homes sold during the fourth quarter increased 12% as compared to third quarter with 66 units sold. Average single family residence price increased 27% to $356,993, and median price increased 10% to $280,000 while average days on market increased 35% to 342. .

Featured Taos property

Charming in town cottage minutes from Taos Plaza!

Price: $250,000 – Reduced by $25,000

Acreage: .35
MLS: #90991
Area: Town of Taos
Listing Status: Active

Contact: Sharon Mitchell 575.770.3410

 

Charming in town cottage minutes from Taos Plaza!

Real estate industry news

Barclays Capital predicts a housing recovery buoyed by improving job numbers and the fact that prices for non-distressed homes have stabilized without government support for nearly a year; the most important trend in the housing industry right now. Fannie Mae’s November National Housing Survey also sees a rise in consumer sentiment in November, as improved economic data pushed home price expectations into positive territory, for the first time in six months. National Association of REALTORS® reports that the inventory of homes for sale is getting smaller, an indication that the glut of foreclosed properties which was artificially distorting inventories and prices is being absorbed by the market, and that pending home sales rose 10.4% in October, remaining above year-ago levels. Freddie Mac sold a record 80,000 single-family REO homes in the first nine months of 2011, and the homes are selling for an average of 94 percent of market value, predominately to owner occupants. Freddie is selling more homes than they are taking in through foreclosure, in an average 120 days on market. The Wall Street Journal points out that, in 1991 a $1,700 mortgage payment allowed a borrower to take out a $200,000 mortgage, whereas today the home owner taking advantage of current low rates can get a $350,000 loan for that same mortgage payment amount, demonstrating the historic low cost and housing affordability available to today’s Buyer. RISMedia has reported statistics pointing to an industry turnaround, including a 15 percent rise in housing starts in September; a surge in builder confidence in October, an increase in mortgage applications and a slew of regional market improvements across the country.

Taos special events


The 26th annual Taos Winter Wine Festival runs January 25-28th with seminars and dinners hosted by the Town of Taos and Village of Taos Ski Valley. Taos Ski Valley features ongoing events on the mountain with snow reports and event calendars available online. Find all local events at the Taos County Chamber of Commerce.

Taos in the news

Oprah included Taos as one of the world’s best places to escape the holidays. New York Times featured Taos as one of six Christmas traditions from around the world. Vancouver’s Times Colonist  recently called Taos a “Destination of the Soul.” Yahoo listed Taos in Smarter Travel’s 10 Great Mountain Towns world wide. Boston Globe declared Taos a launching pad for day trips, claiming it has not lost its allure. US Bank awarded nearly $500K to New Mexico non-profits, including Taos Habitat for Humanity. Sister City Albuquerque was featured in the New York Times 36 Hours in Albuquerque, declaring that New Mexico’s biggest city has come into its own in recent years. USA Today named El Santuario Chimayo on the High Road to Taos as the Lourdes of America. Newsweek  named Taos Ski Valley as one of the world’s 5 Incredible Ski Spots, and MSNBC noted that Taos Ski Valley experienced a stellar start to the ski season claiming one of the best openings in years. Sweet!

 

 

4175 S Hwy 68  •  PO Box 2671  •  Ranchos de Taos  •  NM 87557  •  Tel.575-758-2723  •  877-758-0700  •  Fax.575-758-1011

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