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Archive for the ‘Santa Fe Condos’ Category
Thursday, October 15th, 2009
Quarterly median home prices plunge as first-time purchasers take advantage of tax credit
Bob Quick | The New Mexican
10/14/2009 – 10/15/09
For the first time in years, lower-priced homebuyers are driving the market in Santa Fe, pushing the median home sales price down an astonishing 32 percent in the city from a year ago.
The quarter saw about the same overall volume as a year ago because of an increase in county sales from 115 to 140. Total sales in the city, however, dropped 29 percent from 190 to 135, with the vast majority of the sales being buyers looking to take advantage of the $8,000 first-time homebuyer tax credit, said Mary Schroeder, president of the Santa Fe Association of Realtors.
Because of the new market — these buyers are looking for homes under $250,000 — there appears to be more affordable homes being built in the Santa Fe area, said Mary Schroeder, president of the Santa Fe Association of Realtors.
“We used to be in denial about the price of real estate in Santa Fe,” she said. “Now buyers and sellers are coming together … and we’re seeing a lot of sales in the lower end of the market. People are taking advantage of that tax credit.”
Schroeder spoke at a quarterly news conference of the Santa Fe Association of Realtors held to discuss sales results for the third quarter of 2009 and current trends in real estate in Santa Fe.
The association cautions that the median sales price is based on properties listed through the Multiple Listing Service, which does not necessarily include every sale in the area but historically has been used to track trends in the market. The median sales price means as many homes sold for more than that price as sold for less.
Total single-family detached-home sales in the city and county, combined from July 1 to Sept. 30, dropped from 305 in 2008 to 275 in 2009, while the median price dropped 8 percent in the county to $395,000. (more…)
Tags: Barker Realty, Barker Santa Fe, Santa Fe Real Estate, Santa Fe Realty Posted in Barker Realty, Real Estate News, Santa Fe Condos | No Comments »
Monday, October 5th, 2009
Paul Weideman | The New Mexican
10/4/2009 – 10/4/09
This condominium is unique at Quail Run. A wall between two penthouse units on the second floor of the main Clubhouse building was taken out to create a 2-bedroom, 2-bathroom, 2-kitchen condominum suite. “This unit is the poster child for Quail Run,” said Realtor Paul Stenberg, who is representing the 1,730-square-foot property with Patricia Love.
The new owner could alter the space, which is configured as a larger unit composed of living room, kitchen, dining room, bedroom, and bathroom; and a smaller, caregiver’s suite, both with access to a balcony shaded by mature aspen trees.
Taken as a whole, there are bedrooms at either end, one with a wood floor and fireplace. Most of the common spaces are carpeted, but the kitchens and bathrooms have floors of Saltillo tile. The main kitchen is outfitted with a Kenmore Elite refrigerator, GE range/oven and built-in microwave oven, a Kitchen Aid dishwasher, and countertops of ivory-colored tile. Behind a pair of doors, in a closet space, are the washer and dryer.
The smaller kitchen has Whirlpool appliances.
This penthouse unit is one of about 20 on the second floor of Quail Run’s Clubhouse. In the same building are a restaurant, a bar and lounge, a library, swimming pools, a billiards and poker room, and a spa/fitness facilities with certified personal trainers available. The 103-acre property holds tennis courts, a PGA-rated, 9-hole golf course (par 32), and nearly two miles of walking trails.
Sales at the Quail Run development opened in 1988. Today about 150 of the 265 units are held by full-time residents. The rest are available to rent as vacation homes at rates ranging from about $300 to about $700. Condominium owners pay dues of $350 to $1,200, depending on the size of the home, and this entitles them to the use of all facilities and covers the costs of security, snow shoveling, and hazard insurance. A portion of the annual dues is held in a $4 million reserve, from which funds are dispersed for common-area maintenance, such as for roof, stucco, and paving work.
Quail Run offers 500 nonresident memberships for the privilege of using the bar, the fitness center, and the golf course. These memberships cost $2,000 to $5,000 initially, with monthly dues of $125 to $240. The demographic in Quail Run is “mostly 50 and up,” general manager Marla Thompson. “We don’t have restrictions against children, but we don’t have very many. We have a handful of attorneys and several doctors, working professionals, and when their families come in to visit, they just rent units for them to stay in.”
Asked about impacts from the recession, Thompson said the project’s vacation rentals have slumped a bit this summer, but the club facilities and the restaurant “are doing well, and our real-estate prices have held their own. Our brokers published a chart showing price per square foot of condominiums in Santa Fe, and Quail Run hasn’t dropped very much compared to Santa Fe as a whole.”
The reasons are that Quail Run is “a stable community, and well-respected,” she said. “We have a lot of old-time Santa Feans who have decided to downsize and came here. Also, with our $4 million reserve account, we don’t have to do special assessments, so it helps with the surprise factor. We have 265 homes and that’s a lot of stucco and roofs; we do it in sections, so when we do it, those are sizeable contracts.
“Quail Run has been well-maintained over these 20 years and the landscaping has matured nicely, and it’s just a bunch of nice people here,” Thompson said.
The double-penthouse unit is listed by Paul Stenberg and Patricia Love, Barker Realty, for $895,000.
View Available Listings
Tags: Barker Santa Fe, Luxury Real Estate Santa Fe, Quail Run, real estate santa fe, Santa Fe Real Estate Posted in Barker Realty, Quail Run, Santa Fe Condos | No Comments »
Tuesday, September 29th, 2009

Played all the golf courses the Santa Fe area has to offer? Ever played the Codorniz de Diablo? Didn’t think so. Few have heard of the elusive “Quail Devil”. But for the seven Santa Fe pro’s who turned out last Monday for this “fiendish” 9-hole round, this was no Sunday school practice.
Even under the best conditions, Quail Run’s immaculately groomed fairways are narrow, with out-of-bounds lurking ever so close and glistening condominium windows just daring the swinger to slice.
The devil must have been at work in the wee hours Monday morning, as the players found the blue boxes as far back as possible in their respective tee boxes. In several cases, the fairway distance was increased by 20 – 30 yards. On the par three’s, pins were hidden behind copses of trees, invisible from the tee box.
And if there was a slope to be found on the manicured greens, the pin proudly stood at the severest of angles.
Hole #2 and Hole #8 particularly bedeviled the players: Hole #2’s pin was inches off the rear collar on a 15 degree backward slope. Hole #8’s length was increased to nearly 360 yards from the typical 340 and the pin placement was also adjacent to the rear collar sloping severely down and left; A close miss ended in a ball rolling unhindered 10 or more feet away.
Described as one of New Mexico’s most difficult holes period, Hole #7’s par 5 distance was increased to over 540 yards – the tee box offering the narrowest of windows through the trees to the fairway beyond. A beguiling hole on a typical day, most players over play this hole, refusing to lay up and tending to try for 150 – 175 yard green shots. Dense trees on the left and an arroyo on the right foul 80% of these tried and true players. On this day, two of our seven pro’s birdied this hole – both taking a calculated second swing to lie 100 yards out and wedging their ball to the green on their third. Arguably, two risky putts awarded the players with the lead – but this was only the 7th.
By the end of the ninth hole, four of our seven pro’s tied for a one-under par, or 31. When asked, the five visiting pro’s all commented that the course pleasantly surprised them on this day and that they would never underestimate the Quail’s prowess again.
Quail Run offers a great but often overlooked golf course and other amenities. Its located in Southeast Santa Fe and is a community worth exploring if golf is important to your lifestyle.
To see available properties visit here.
To learn more about the Quail Run community visit here.
To speak to one of our experts on Quail Run visit here.
Tags: Barker Santa Fe, Luxury Real Estate Santa Fe, Quail Run, Santa Fe Realty Posted in About Santa Fe, Barker Realty, Luxury Real Estate in Santa Fe, Quail Run, Santa Fe Condos | No Comments »
Thursday, September 17th, 2009

On Sunday October 4, 2009 twenty four Zocalo Condominiums will go auction. Bids start at $90,000.00 for two bedroom & two bathroom units. Although units have low starting bids, they all have unpublished reserve prices, which mean that the seller has established a minimum selling price. In order to be the winning bidder you must have the highest bid and meet the unpublished reserve price.
| Auction Office Information |
| Address: |
1301 Avenida Rincon Santa Fe, NM 87506 |
| Auction Date: |
October 04, 2009 (Sunday) |
| Office Hours: |
11:00 AM – 6:00 PM (Daily) |
| Phone:
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(505) 986-0667 |
| Websites: |
www.zocaloauction.com , www.zocalosantafe.com |
Three floor plans will be offered at auction:
Plaza
With approximately 1095 square-feet, the Plaza residence offers ground floor living with two bedrooms and two baths, a fireplace, tiled countertops, tiled shower and tub-surround, an outdoor patio and garage. Forced heat and air conditioning are included with this unit.
Solana
The Solana design offers approximately 1133 square-feet of living space. This plan features two bedrooms and two bath, a single car-garage and two outdoor wood decks. A fireplace, tiled countertops, shower and tub-surround compliment the design. Forced heat and air conditioning are included.
Ladera
This two-story design offers an ideal live/work concept. With 1467 heated square-feet, the Ladera residence features a main floor with high ceilings and open living spaces with a large kitchen and dining area. The second floor provides for a master suite and a bedroom divided by a cozy study. A single car garage, two-and-a-half baths, forced heat and air conditioning and three outdoor spaces complete this design.

For more information on:
· The Auction Checklist
· Seller Approved Lender & Closing Incentives
· The Purchase Agreement, Title Binder, Disclosure Statement & Home Owner Association Information
· Registering to Attend
· “How to Buy” Auction Seminar
· Auction Day Procedures
· Terms & Conditions
Fomore information on:
· The Auction Checklist
· Seller Approved Lender & Closing Incentives
· The Purchase Agreement, Title Binder, Disclosure Statement & Home Owner Association Information
· Registering to Attend
· “How to Buy” Auction Seminar
· Auction Day Procedures
· Terms & Conditions
Go to www.zocaloauction.com
Posted in Santa Fe Condos | No Comments »
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