Members of the Silver City Regional Association of REALTORS-?, Inc. will write periodic columns under this heading to inform the public about real estate matters.
The opinions do not necessarily reflect the opinions of the Grant County Beat.
Grant County saw the highest number of residential sales since 2006 with 366 homes sold though the Multiple Listing Service in 2019. 2018 sales were 344 and 2017 340. The previous two years the median sold price averaged $138k. In 2019 the median residential sales price was $153,750 and the home was on the market for an average of 168 days.
“After so many years, we’re finally in a seller’s market again - our little piece of paradise is on the map, and the real estate market in our area is suddenly super-hot! While property values are increasing again, we’re still in a perfect storm of low interest rates and taxes, paired with affordable home prices. It’s still a great time to buy a home here, but an even better time to sell.” Nikki O'Connell, 2020 President of the Silver City Regional Association of Realtors.
2019’s New Mexico Housing Market ended with sales numbers higher than every year since 2008 (when the New Mexico Association of REALTORS (NMAR) began keeping state-wide statistics) except 2018, which was an off-the-charts year for the housing industry.
The Silver City Regional Association Multiple Listing Service recently rolled out a new property search portal for Realtors, clients, and consumers. Homesnap optimizes all of the MLS data for mobile devices and delivers it through an app. Millions of people now use the same app as their real estate professional - find out why.
The industry-endorsed Homesnap search portal leverages real-time data from over 200 MLS’s to empower millions of consumers each month with a superior property search experience, while providing over 85% of U.S. real estate professionals with access to powerful mobile tools that automate their work and accelerate their success. Real-time MLS data on the go.
While many people know that a Realtor helps buy and sell homes, what they may not know is that only a Realtor is a member of the National Association of Realtors and subscribes to its Code of Ethics. It's the Realtor Code of Ethics that inspired the association's powerful new "That's Who We R" campaign, which launched in February.
The campaign aims to reinforce the value of Realtors as advocates for property owners, engaged community members and trusted advisors with in-depth knowledge of the industry.
You have just completed the biggest financial transaction of your life and can now call yourself a homeowner. With the help of a Realtor, a member of the National Association of Realtors, you purchased your first home, signed all the necessary paperwork and are about to walk up to your front door, keys in hand.
As you walk through your brand new house, you are probably thinking, now what? This is a common question new homeowners ask themselves when the time comes to settle into a new home. With all the excitement and work involved in finding a first home, first-time buyers may not have a transition plan or a checklist for the first few days in their new house.
“Some checklist items are as simple as steam cleaning the carpet while others involve familiarizing yourself with your home’s circuit breakers and water valves. Having a game plan for your new home will give you peace of mind and allow you to settle in quickly and stress free,” said LJ Lundy, President, Silver City Regional Association of Realtors.
Below are important items to focus on during the transition into your new home.
Change the locks. You never know who else has keys to your home, so it is a good idea to change the locks on all doors. This will help you sleep at night knowing that you are the only person who has access to your home. You can install new deadbolts yourself for less or call a locksmith to ensure proper installation.
Set-up service. This may not sound like a top priority, but it is important to contact local utilities and service providers, like trash pick-up to set-up a new account a few days before closing to avoid disruption. Make sure to familiarize yourself with the pick-up schedule for trash and recyclables to avoid garbage stacking up during the first week in your new home.
Check out a new column that will talk about the town of Silver City and its news and services.
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