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It appears that there may be happier days in front of us. There's no doubt that the country is still trying to find it's footing, but a slow, moderate improvement has been pretty consistent in Santa Fe over the last 18 months. There are a number of small towns / cities in this country that continue to be touted as some of the nicest places to live, clean air, no traffic, vibrant community, future sustainable thinkers, and Santa Fe consistently lands in the top tier.
The economy grew at an annual rate of 2.5 percent in the three months ending September 30, the government reported, easing fears that the nation would fall into a second recession but still too low to cut significantly into the high unemployment rate. A slow moderate, improvement works OK!
And, with values stabilizing throughout the country it is fast becoming an excellent time to buy real estate at amazingly low prices and unbelievably low interest rates. There are even some who predict that we will be facing a home shortage in the very near future due to the lack of new construction over the past few years; the 80 million Generation Y folks, those born between 1977 and 1994 (17 to 34), entering into the real estate market; the baby boomers, those born between 1946 and 1964 (47 to 65), who beginning January 1, 2011 about 11,000 will reach 65, which will continue every single day for 19 years, and they are looking to make a change, maybe even slow down and contribute to our life balancing in a more intelligent and sustainable way. Wow, talk about a meaningful contribution to our communities compared to the confusiuon we see every day in Washington.
All the Best,
David & Bonnie
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