Santa Fe, New Mexico Real Estate News

Welcome to my newsletter dedicated to keeping you updated on news and trends in Santa Fe’s real estate market!  I hope you find this information helpful and that I can be of service to you in finding the perfect home in beautiful Santa Fe, New Mexico.

As a professional realtor specializing in Santa Fe properties, I am dedicated to working with buyers and sellers in the luxury home market of New Mexico’s state capitol.  My clients have discriminating taste and seek unique properties:  a compound in Las Campanas, ranch property for horses, mountain view  homes, customized golf course properties, or rural adobe estates.  Whether you are a buyer or seller, you will find that working with me and my team will be a pleasant and rewarding experience.

www.williamotto.net

Fear

Why are some people reluctant to buy a home in what is obviously a “Buyer’s Market”, when there are great investment opportunities available in certain highly-desirable areas of the country like Santa Fe, New Mexico? The answer is fear. Fear of the unknown and fear of failure (loss).

Nobody wants to fail or experience loss in any endeavor, and a home purchase is the largest financial endeavor most people will ever be involved in. But keep in mind, although you want your home to be a good long-term investment, you also want it to be a good place to live. Even if it’s a second or third or even fourth home, it should be something an owner is proud of and happy to be a part of.

Santa Fe, New Mexico is a place that offers homeowners both…good investment opportunity and good place to be (for alot of reasons). Find out for yourself why Santa Fe may be the perfect place for you. Don’t live in fear.

Go to my website www.williamotto.net to learn more.

Foreign Investors Love US Real Estate

Not surprisingly, the weak dollar has made an investment in US real estate an attractive alternative to low rates of return in their own countries.

The weak dollar has made the American real estate market look attractive to foreign bargain hunters.

The U.S. rose to the top of lists of the “most stable and secure” countries for real estate investment and the countries with the best opportunity for appreciation, according to the 16th annual survey of the Association of Foreign Investors in Real Estate (AFIRE)released Jan. 28. New York City and Washington D.C. were the top two global “Cities for Foreign Investors’ Real Estate Dollars,” according to the survey.

Most Stable and Secure Countries for Real Estate Investments
1. U.S. – 56% of vote
2. Germany – 11% of vote; up from #3, with 4.5% of the vote in 2006
3. United Kingdom – 8.8% of vote; down from #2, with 11% of the vote in 2006
4. Australia – 8.8% of vote; up from #5, with 3% of the vote in 2006
5. Japan – 5.3% of vote; with 3% of the vote [tied with Australia], unchanged from 2006

I expect we’ll continue to see a surge of foreign investment capital in US real estate markets.  We are already seeing some of that in New Mexico, especially with the Spaceport project in the southern part of the state.

www.williamotto.net