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If you are interested in Taos real estate for sale, internet marketing strategist Stephen Daniels recommends Page Sullivan Real Estate Group. Their real estate agents can help you find the best property for your needs and budget, whether you're looking for a permanent residence or a vacation home.
Located [url=http://www.giuseppezanottipaschere.com]giuseppe zanotti soldes[/url] at the base of the beautiful Sangre de Cristo mountain range in northern New Mexico, Taos is one of the most beautiful places in the southwestern United States. Well-known as a tucked-away artist enclave, there hasn't been as good a time as now to get into the [url=http://www.teatrodeoro.com/hollisterde.php]hollister[/url] Taos New Mexico real estate market. While [url=http://www.davidhabchy.com]barbour sale[/url] the market there is still a bit stagnant, average single-family home prices are still far above the national average. More importantly, it's a buyer's market, so there are deals to be had. It's important to also remember that this is a relatively small town, so there is never an abundance of properties on the market at any given time. This will act to keep values relatively stable, even in a stagnant market.
In general, most potential real-estate buyers are waiting in the wings. No one is quite [url=http://www.tagverts.com/barbour.php]barbour online shop[/url] sure if the market has bottomed out or if it will continue to fall. Buyers in Taos seem to be demanding better deals or simply biding their time. But for the month of October 2010 compared to October 2009, both the number of sales and dollar figures were up 27 percent for single-family homes. Moreover, year-to-date home sales are up over 8 percent, while the dollar volume [url=http://www.mxitcms.com/abercrombie/]abercrombie milano[/url] for those sales has increased over 7 percent. Taos condos haven't fared as well, though; they are still down 36 percent for the year. But compare the average single-family home price of just over $319,000 through the first three quarters of 2010 to the national average of $200,000, and one can see that things aren't so bad in this city.
All of this points to the fact that the real estate market in Taos is improving, at least for single-family dwellings. While the town has experienced foreclosures, the speculative practice of flipping homes never really affected this community, so it didn't crash like it did elsewhere. As they do today, people were mostly in the market [url=http://www.jeremyparendt.com/Barbour-Paris.php]barbour france paris[/url] for a vacation home they wanted to keep.
New construction of single-family homes and condos, meanwhile, is stalled. This is equally due to the fact that construction costs have not [url=http://www.fibmilano.it]woolrich outlet[/url] dropped and that the prices for existing homes have flat lined or decreased over the last few years. Since a new construction might end up being worth less than the cost of labor, land and materials, there is little financial incentive to build. A better option is undeveloped [url=http://www.gotprintsigns.com/abercrombiepascher/‎]abercrombie pas cher[/url] land; not only are there no maintenance costs [url=http://www.thehygienerevolution.com/hollister.php]hollister[/url] and few taxes (if any), land is bound to go up in value, especially in Taos.
There are few pure investment property buyers who look in this desirable mountain region. Most buyers are retirees or those looking to invest [url=http://www.par5club.com/louboutin.php]louboutin pas cher[/url] in a second home. They are a diverse lot, coming from nearby states like Texas and Arizona, both coasts, and even the Midwest. Because Taos largely doesn't appeal to the jet-setters like Aspen or Vail do, few buyers are foreigners. By some estimates, up to 65 percent of homeowners either rent their purchase out to vacationers or hire a rental agency to do it. That's a great way to recoup some of the initial investment cost. Another investment option is to go into business. From quaint bed-and-breakfasts, restaurants, art galleries and other shops, there are many opportunities to become self-employed. It may put off retirement for a while longer, but it also brings one closer to the goal of settling down in this peaceful community known for its great ski slopes, stunning natural surroundings and art.
It's still difficult to secure financing for real estate, especially for second-home buyers and those looking at condos. Interest is down, and many are waiting for prices to drop further. Taos real estate for sale may continue to fall slightly, but it's not likely to drop drastically. This, combined with rock-bottom interest rates, makes it [url=http://www.ktbruce.co.uk/barbourjackets.php]barbour[/url] a good time to get into the market. Plus, with average actual prices more than 11 percent [url=http://www.thehygienerevolution.com/hollister.php]hollister france[/url] lower than asking prices for October 2010, it's a good time to find a deal.

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