Santa Fe Real Estate Guide March 2013
Home|Santa Fe Real Estate Guide is published the first Sunday of each month. This month's magazine features the residential market and home electronics.
Santa Fe Real Estate Guide March 2 013 The residential market â€˘ Home electronics We Know Santa Fe Real Estate A HISTORIC FARM VIA DE LOS ROMERO “A PIECE OF HEAVEN” is how this historic farm property is quite often described. Spanning approximately 45.79 acres of vibrant and varied terrain — irrigated pastures, rocky hills, and an extensive bosque — it includes both sides of the Santa Fe River for nearly a full mile. Extensive water rights make this a true oasis. 3 bedrooms, 3 1/2 baths farmhouse, guest casita and various outbuildings complete the property. MLS# 201300236 Offered at $4,600,000 THE ULTIMATE FAMILY PLAYGROUND CROSSING RANCH LEAPING POWDER ROAD Covering almost 73 gently rolling acres, this extremely rare equestrian property (less than 15 minutes from downtown) includes stables, a fenced arena, 15 acres of fenced pasture land and access to endless riding trails. At the heart of the estate is an ideally sized, utterly livable residence with 3 bedrooms, 2 baths, and an exceptionally inviting living, dining, and kitchen area. An openair hot tub is nestled among trees between the main residence and the multi-purpose outbuildings — a recreation or guest room with a bath, guest quarters, and a spacious studio and office area ﬂooded with natural light. MLS# 807211 Offered at $1,900,000 See these and all Santa Fe listings on our website: www.knowingsantafe.com RAY RUSH Direct 505.984.5117 Mobile 505.577.5117 email@example.com TIM VAN CAMP Direct 505.984.5118 Mobile 505.690.2750 firstname.lastname@example.org JOHN RIGATTI Direct 505.984.5141 Mobile 505.660.3353 email@example.com 231 Washington Avenue • 505.988.8088 www.knowingsantafe.com LOCAL EXPERTS WORLDWIDE Neil D. Lyon, CRB, CRS, GRI 505.954.5505 direct • 505.660.8600 cell • Neil@NeilLyon.com Vanessa Rios y Valles 505.954.5522 direct • 505.231.3708 cell • Vanessa@NeilLyon.com neillyon.com TeSUQUe 18 MereDITH DrIVe Wonderful Northern New Mexicostyle home in Tesuque Village with gorgeous mountain views. On almost 7 acres, the property consists of a 3 bedroom, 3.5 bath main house and a 1 bedroom, 1 bath guest house. Beautiful finishes and wonderful outdoor spaces. #201300057 • $1,695,000 LA MArIPOSA 1340 VISTA MOrADA Impeccable residence in La Mariposa. This lovely 3 bedroom, 2.5 bath home also includes an office and has no interior steps. Fabulous great room and an excellent kitchen with granite countertops, bar seating and a large center island. 1340VistaMorada.com #201202663 • $769,000 LOS CAMINITOS 4 CAMINO SABIO Magnificent views from this compound in Los Caminitos on 11.7 acres featuring a dramatic and immaculate 2BR main house, a detached 1BR guest house, and an attached duplex that encompasses a 1BR guest house and a 1BR caretaker’s house. Beautiful grounds. #201202266 • $2,795,000 SIerrA DeL NOrTe 1010 MONTe SereNA Lovely 3 bedroom, 3 1/2 bath residence in Sierra del Norte. Enjoy sunset views and Jemez Mountain vistas from the fabulous portal easily accessed from the great room. This is a great house for entertaining and indoor/outdoor living. 4CaminoSabio.com 1010MonteSerena.com #201203224 • $1,195,000 OCASO DeL SOL 705 CAMINO OCASO DeL SOL Landmark adobe compound on almost 20 acres on the Eastside. Constructed by Doug McDowell, this fabulous property consists of a 3 bedroom, 2 office main house, a 1 bedroom guest house, and a studio. Dramatic mountain views and gorgeous outdoor spaces. #201204214 • $2,800,000 ArrOYO HONDO 14 MILLerS eND Beautiful custom home on 5 acres in Arroyo Hondo. 5 bedrooms, 2 offices, den, chef’s kitchen and horse facilities. The property benefits from extensive solar electric and geothermal heating systems, resulting in zero utility costs! 705OcasodelSol.com 14Millersend.com #201204101 • $1,695,000 LA TIerrA 22 NOrTH VUeLTA HerrADUrA Breathtaking views of the Sangre de Cristo and Jemez Mountain ranges from this fabulous residence on 11+ acres. 4 bedroom main house, 2 bedroom guest house, studio/office, and horse facilities. #201105652 • $1,995,000 SANGre De CrISTO eSTATeS 6 SOUTH CAMINO DON CArLOS Beautiful 4 bedroom adobe residence in Sangre de Cristo Estates. Classic finishes, wonderful separation between bedrooms, and Sangre de Cristo views define this wonderful property. Three-car garage. #201204912 • $1,295,000 22VueltaHerradura.com SOTHEBY’S INTERNATIONAL REALTY SANTA fE BROkERAgE 326 gRANT AvENuE I 505.988.2533 231 WASHINgTON AvENuE I 505.988.8088 Operated by Sotheby’s International Realty, Inc. Equal Housing Opportunity. 6CaminoDonCarlos.com 417 EAST PALACE AvENuE I 505.982.6207 sothebyshomes.com/santafe H OME Ma r c h 2 0 1 3 3 LOCAL EXPERTS WORLDWIDE We are Las Campanas. We are Santa Fe. Call Now for Information About An Extraordinary Collection of New Homesites l SANTA FE Artful Living. An Inspired Community. World-Class Golf, Equestrian, Spa and Tennis. MARION SKUBI l 505.660.8722 l firstname.lastname@example.org JOHNNIE GILLESPIE l 505.690.1909 l email@example.com SOTHEBY’S INTERNATIONAL REALTY SANTA fE BROkERAgE 326 gRANT I 505.988.2533 231 WASHINgTON AvENuE SANTA AvENuE FE BROKERAGE l 326 Grant Avenue l Santa Fe, NM 87501 lI 505.988.8088 505.988.2533 Operated by Sotheby’ s International Realty,Realty, Inc. Equal Opportunity. Operated by Sotheby’ s International Inc. Housing Equal Housing Opportunity. 4 M arch 2 0 1 3 H O ME 417 EAST PALACE AvENuE I 505.982.6207 sothebyshomes.com/santafe sothebyshomes.com/santafe LOCAL EXPERTS WORLDWIDE Outstanding Las Campanas prOperty 87 Calle Ventoso West $1,880,000 incredible charm, Old World design elegance and gracious comfort are but a few of the words to describe this 5,000+ sq. ft. 3 bedroom, 4 bath home with grand great room, gourmet kitchen, inviting den/library, gentleman’s study, lady’s study, and private sleeping wings. Created by renowned santa Fe designer/builder marsh Homes inc., with two masterful additions by andren-Keegan & associates, no attention to detail has been overlooked in creating an exceptional easy flow floor plan with magnificently captured sangre de Cristo and Jemez mountain views. aBr, CrB, Crs 505.660.8722 firstname.lastname@example.org Marion Skubi partner marion skubi group 505.690.1909 email@example.com Johnnie GilleSpie Operations manager marion skubi group 505.954.0732 firstname.lastname@example.org aleka Moore mariOnsKuBi.COm SOTHEBY’S INTERNATIONAL REALTY SANTA fE BROkERAgE 326 gRANT AvENuE I 505.988.2533 231 WASHINgTON AvENuE I 505.988.8088 Operated by Sotheby’s International Realty, Inc. Equal Housing Opportunity. H OME Ma r c h 2 0 1 3 5 417 EAST PALACE AvENuE I 505.982.6207 sothebyshomes.com/santafe LOCAL EXPERTS WORLDWIDE 540 EAST ALAMEDA, #D $1,995,000 Art of LIVING truly exceptional home located in the heart of the historic Eastside. Built by the noted builder, Jay Parks, this condominium offers the absolute highest in quality construction and finishes to satisfy even the most demanding buyer! The main living area includes a gracious living room that opens to a spacious private patio that is fully landscaped and includes an outdoor fireplace. The adjacent kitchen has all the amenities and finishes one would expect in a home of this quality and it also includes a large dining area. There are four bedrooms including a fabulous master suite with a luxurious bath and huge walk-in closet. mls# 201205001 A Fine properties to suit your Santa Fe lifestyle 4 AvenidA LA SCALA $695,000 Imaginatively recreated Casas de San Juan condo in a modernist style with huge, oversized windows that capture the Sangre de Cristo views. Main house plus guest casita, and a long covered portal with a fireplace. mls# 201201463 2351 viA CoLibriS $365,000 Outstanding views of the Sandias, Jemez and Rio Grande Valley from this 3.5 acre lot in Hyde Park Estates III. A private and wooded lot with paved roads and a staked out building envelope. 10 minute drive from the Plaza. mls# 201004069 3242 LA PAz LAne $210,000 Very cute 2 bedroom, 2 bath home in Villa de la Paz. A high pitched ceiling in living/dining great room creates a dramatic and light feeling. Nice finishes include tumbled stone counter tiles and nice cabinetry. mls# 201205509 For your new and evolving Santa Fe lifestyle, trust the Santa Fe Team to find your ideal property. Amid nature’s splendor – Culture, Tradition, Community – savor the Art of Living! Santa Fe Team www.santafeteam.com SOTHEBY’S INTERNATIONAL REALTY SANTA fE BROkERAgE 326 gRANT AvENuE I 505.988.2533 231 WASHINgTON AvENuE I 505.988.8088 Operated by Sotheby’s International Realty, Inc. Equal Housing Opportunity. 6 March 2013 HOME Moo Thorpe, 505.780.0310 • Chris Haynes, 505.660.6121 • Jennifer Gallagher, 505.660.8793 417 EAST PALACE AvENuE I 505.982.6207 sothebyshomes.com/santafe Santa Fe Real Estate Guide MARCH 2013 sfnmhome.com VOLUME 15, ISSUE 12 ON THE COVER A barrel-vault ceiling brightens this new kitchen on East Alameda Street. Please see Inside Adobe Walls, Page 36, for more about this property on the market. PHOTOGRAPH features 17 32 36 42 Electronics for the home The market is accelerating Inside Adobe Walls Firm wins houzz.com award Jane Phillips COVER DESIGN Deborah Villa STAFF OWNER: Robin Martin PUBLISHER: EDITOR: Ginny Sohn Paul Weideman Tamara Hand DIRECTOR OF ADVERTISING: columns 18 21 21 22 35 35 39 39 40 40 43 Oakley’s Out & About Mortgage Matters Santa Fe in Bloom Authentically Designed Social Networking Your Money’s Worth Permaculture in Practice Our Water Quality News from SFAR Water Energy Nexus Title News ADVERTISING SALES: Wendy Ortega EDITORIAL OFFICES: 202 E. Marcy St. Santa Fe, NM 87501 PHONE: (505) 983-3303 FAX: (505) 984-1785 E-MAIL: REGUIDE@ SFNEWMEXICAN.COM Home|Santa Fe Real Estate Guide (sfnmhome.com) is published on the first Sunday of each month. For subscription information, call The Santa Fe New Mexican at 986-3010 or 1-800-873-3372. This publication is designed to provide accurate and authoritative information. This information should not, however, be construed as a recommendation for any course of action regarding financial, legal, or accounting matters. data track 22 43 Recent home/land sales Building permits H OME Ma r c h 2 0 1 3 7 LOCAL EXPERTS WORLDWIDE CharM oF Chupadero Just 20 minutes from downtown, this delightful 3BR, 2.5BA, 2,177 sq ft home offers essential Northern NM living in a pastoral setting. The main level features a 2-story living room with beamed ceiling, lightinfused den, large kitchen and dining room opening to deck and garden. The 3 bedrooms are up, down is the family room and a darkroom. Plus 2-car garage and acequia rights. MLS 201300432 re-iMagined on don gaSpar Be charmed. United into a 2,679 sq ft single family home with 3BR, 3BA, the living, dining and sunrooms flow together with ease, overlooking the enclosed entry courtyard. Two wings, one with 3 living areas, 2BR, 2BA and remodeled kitchen; the other a full guest suite living/dining and 2nd floor sleeping room that could be a home office or independent living, create unique opportunities for in-town living. MLS 201300328 northWeSt eleganCe Private and serene, wrapped in landscaped courtyards and deep portales, this elegant one-level 3,174 sq ft, 3BR, 3BA, Santa Fe-style residence in gated Colinas Verdes is captivating. With views to the Jemez, it includes a grand living room with Anasazi-style stackstone fireplace, formal dining, gourmet kitchen, inviting master, home office, lustrous plastered surfaces and 3-car garage. MLS 201201865 liFe in an eaStSide garden Authentic and exquisite house and guest house: 2BR, 2BA, 2,240 sq ft mostly adobe main residence circa 1920+ with formal living room, dining room and kitchen overlooking lush gardens updated with care and graced with a handsome master suite, 4 fireplaces, alcoves and nichos plus a free-standing 1BR, 1BA, 1,247 sq ft guest house with kiva circa 2005 in an incomparable setting. MLS 201202834 oFFered at $335,000 Offered at $549,000 Offered at $819,000 oFFered at $1,625,000 hoMe teaM daV i d ro S e n : S a n ta F e C h r i S to p h e r ro C C a : 505•490•2999 505•470•9383 Visit our portfolio of outstanding homes & homeSites at www.HomeTeamSantaFe.com www.ThinkSantaFe.com NEW PRICE 18 Cerro BlanCo road $150,000 Forever, big sky views of the Cerrillos Hills, Sandia and Ortiz Mountain ranges on this desirable five acre parcel in the Spirit Wind Subdivision. Flat building site on paved road with utilities and septic tank already in place. Two horses allowed, sunrise and sunset views, El Dorado community school district, close to restaurants and the Agora Shopping Center, and 20 minutes to the Santa Fe Plaza. mls# 201300149 3 Seton CaStle trail $235,000 Build a large home with mountain views and use this casita as a guesthouse. Sited on 1.23 acres that slope gently toward the northwest, this small home with separate storage unit near Seton Castle is designed for maximum efficiency and clean, modern appeal. The addition compliments the adobe structure and features flagstone entry, SubZero under-counter units, vintage design stove/oven and more. mls# 201203881 MaryJoy Ford 505.577.0177 email@example.com SOTHEBY’S INTERNATIONAL REALTY SANTA fE BROkERAgE 326 gRANT AvENuE I 505.988.2533 231 WASHINgTON AvENuE I 505.988.8088 Operated by Sotheby’s International Realty, Inc. Equal Housing Opportunity. 8 March 2013 HOME 417 EAST PALACE AvENuE I 505.982.6207 sothebyshomes.com/santafe LOCAL EXPERTS WORLDWIDE MAGICAL SANTA FE Beautiful and luxurious 3,000 sq ft custom home! Surrounded by green hills and blue sky, yet minutes from the Plaza, this lovely 3BR, 3BA property has high ceilings with vigas and beams, hardtroweled plaster, 4 fireplaces, a sumptuous master suite with a luxurious travertine bathroom, and an open plan entertaining kitchen. $895,000 ATTENTION ArTISTS Wonderful full guest house and real artist’s studio built in 2002 accompany this comfortable 3BR house on over 1/3 acre in a close-in, established neighborhood. Intelligent floorplan has master suite on one side of the public areas and two additional bedrooms and bath on the other. Beautiful floors, newly painted. Move right in! $390,000 hISTOrIC EASTSIdE COMPOUNd P.L. Travers, author of Mary Poppins, once lived here! 1898 adobe house, guest house and art studio. Off Canyon Road. So special! High old trees. Plenty of parking. Ambiance, charm, character. New wiring, plumbing and unseen necessities—authentic, original interiors! One of a magical kind! $950,000 PALACE AVENUE Michael Mahaffey produced two condos – five years old, absolutely gorgeous finishes. Hardtroweled plaster, brick floors with radiant heat; travertine baths and walk-in closets; kiva fireplaces, bancos and skylights. Two bedrooms and two baths. $695,000 One bedroom $475,000 NEW LISTING CASA SErENA The single-level home and guest house offers a warm ambiance with smooth, plaster walls in every room and an easy floor plan with many custom features including 3 fireplaces, bancos, nichos, handcarved woodwork, many skylights, a gourmet kitchen, and a versatile rear portal. $795,000 SINE QUA NON! Architectural Digest-style design and quality join in this historic double adobe hacienda in a rare downtown setting on Old Santa Fe Trail. Rare 4.5 acres with views in the heart of the historic Eastside. Classic Spanish floorplan includes 4-5 bedrooms plus a full guest house. 18th Century doors, 12 fireplaces, pool, and a chapel! $4,850,000 Ashley Margetson ashley.margetson@ sothebyshomes.com 505.984.5186 cell: 505.920.2300 santaferealestatelady.com ashleymargetson.com crs, gri SOLD 120 CANTErA CIrCLE $1,250,000 Oh so rare: a smashing, right-in-town Eastside home with truly spectacular mountain views! Lavish scale, high ceilings and a dramatic southwest aesthetic define this elegant 4,400+ sq. ft. residence. Ensconced in an exclusive gated enclave just north of Canyon Road’s galleries and restaurants, it includes a sumptuous master, handsome library/media room, excellent guest quarters, private office, gym, wine cellar, sun-filled studio/3rd bedroom suite, and 5 fireplaces. Entertain superbly indoors, or under the huge portal and spacious terrace. mls# 201205099 8 CAMINO dELILAh $759,000 With sweeping sunset views, experience warmth and enchantment in this stylish one-level, 3 bedroom 3,337 sq ft hillside home, featuring established gardens, portales, flagstone terraces, sunken hot tub and fenced yard. Southwest flavor abounds, with glowing tile floors, hand-troweled plaster walls, soaring ceilings with vigas throughout, and superb custom lighting. The private master with fireplace will delight, as will the kitchen designed by Jeanne’, huge studio/workshop, separate, spacious office, speaker system, and wonderful view deck. Located just minutes to downtown! mls# 201300080 shane cronenweth firstname.lastname@example.org 505.577.2000 Access the entire MLS, Santa Fe Neighborhood Information, and my Exclusive Insider’s Guide. Offering Personalized, Creative and Effective Service for my Clients. SOTHEBY’S INTERNATIONAL REALTY SANTA fE BROkERAgE 326 gRANT AvENuE I 505.988.2533 231 WASHINgTON AvENuE I 505.988.8088 Operated by Sotheby’s International Realty, Inc. Equal Housing Opportunity. H OME Ma r c h 2 0 1 3 9 ChooseSantaFe.com 417 EAST PALACE AvENuE I 505.982.6207 sothebyshomes.com/santafe LOCAL EXPERTS WORLDWIDE Simplify Your Search • SantaFeBeautifulHomes.com UNDER CONTRACT NEW LISTING 2844 Pueblo bonito $249,000 Three BR, 3BA home, 15 minutes from the Plaza, near shopping, public schools, and the SF Community College. This Pueblos del Sol charmer has been refreshed and features a comfortable floor plan with many Pueblo-style accents such as viga and plank ceilings, beautiful Southwest solid wood doors, newly refinished Saltillo tile floors, and a kiva fireplace. mls# 201202330 10 Miners trail $675,000 Exceptional adobe home and guest house with that great Santa Fe feel and timeless traditional Pueblo Revival character! The residence features 5 fireplaces, beautiful brick floors, artfully hand-crafted plaster walls, sensuous mud plaster, archetypal vigas, plank & herring-bone ceilings, elegant corbel, beam and coved plaster ceilings. 11 acres, privacy and views. mls# 201300108 10Minerstrail.com 322 Magdalena road, #6 $619,000 This Pied a Terre with the utmost in Santa Fe Style is two blocks from the Historic Plaza! Designed by Blaine Young and built by Sharon Woods, this 2BR, 2.5BA residence in the beautiful Magdalena Compound has an elegant yet comfortable feeling. Extra thick adobe walls, brick and hardwood flooring, gorgeous kitchen, and lovely bathrooms. mls# 201201992 322Magdalena.com 12 valencia ranch $749,000 An absolutely stunning adobe home in Apache Canyon, this fabulous residence is really a treat! Experience elegant living in a wonderful setting on 8 acres with picturesque views of Apache Canyon over the Galisteo Creek. Over $240,000 in thoughtful and gorgeous improvements have been added. 20 minutes to the Plaza. mls# 201201017 12valenciaranch.com SOLD AMAZING VIEWS 23 caMino de las Minas $637,000 End of the Road Fabulous Adobe! On a quiet and private 2.8 acres with lots of trees and vegetation is a classic Santa Fe Pueblo Revival-style adobe home with all the qualities; flagstone, brick, Saltillo, and hardwood floors, plaster walls, wooden lentils, solid wood doors and cabinets, viga with latilla, plank, and cove ceilings. mls# 201204263 23caminodelasMinas.com 680 garcia street $1,800,000 Adobe residence on one acre in the Historic Eastside not far from the Plaza and Museum Hill was originally built in the 1930’s and has grown over the years to a 4BR, 5BA, 5,600 sq ft home with 5 fireplaces plus an indoor swimming pool in a 1,570 sq ft heated room. Enjoy wonderful outdoor living with a fabulous portal and walled garden. 680garciastreet.com 616-b Paseo de la loMa $595,000 Rare offering downtown a few blocks from the Plaza with Amazing Views! Spectacular city lights, and remarkable vistas over Santa Fe to the Sandia and Ortiz Mountains, as well as gorgeous views of the Sangre de Cristos! Relax in this 2BR, 2BA residence with bountiful light in an open-concept living room, kitchen, and dining room/sunroom. mls# 201201987 616Paseodelaloma.com 100 Mountain toP road $835,000 Extraordinary 9.5 acre property has a captivating feeling from gorgeous rock outcroppings, huge boulders, tall pines, and spectacular panoramic views. Bill Lumpkins designed residence, wonderful studio, and writer’s cabin. High in the hills above Santa Fe with crystal blue skies, awe-inspiring sunand moon-rises, and incomparable starry nights! mls# 201204731 100Mountaintop.com SantaFeBeautifulHomes.com SOLD Alan and Anne Vorenberg Serving New Mexico in Business ~ A Family Tradition since 1892 505.954.5515 888.257.6750 toll Free Alan.Vorenberg@SothebysHomes.com Anne.Vorenberg@SothebysHomes.com SOTHEBY’S INTERNATIONAL REALTY SANTA fE BROkERAgE 326 gRANT AvENuE I 505.988.2533 231 WASHINgTON AvENuE I 505.988.8088 Operated by Sotheby’s International Realty, Inc. Equal Housing Opportunity. 10 March 2013 HOME 954 cerro de la Paz $3,375,000 Elegant Estate with stunning views on 12.5 gated acres near the Plaza comprised of an impeccable residence built by Doug McDowell in 2005 with superb finishes, 11 fireplaces, 8 baths including dual master baths, fabulous kitchen, 3,000 sq ft of portales, 1BR guest casita, and gorgeous swimming pool with cabana and bath. mls# 201005922 954cerrodelaPaz.com 417 EAST PALACE AvENuE I 505.982.6207 sothebyshomes.com/santafe Featured Listings SO LD ! NICE NEW LISTING ON A CORNER LOT decorated with a native landscape front yard. Inviting home with high ceilings, warm wood floors, bedroom separation, 2 full baths & open kitchen make this a splendid & affordable house for the first time home buyer. Direct entry one car garage, Fenced backyard, private side patio off the main living area & street-side on drip system. Convenient location to Southside library, walking trails and park $179,000 MLS# 201300523 Call Beth 505-690-2713 VUELTA VISTOSO New Construction, Upgraded FInishes, Northside Location, EZ Access to Hwy 599.View to the Sangre de Cristo Mountains. Roseanna Z. Gonzales 505-470-5638 LUNA VISTA SPACIOUS ESTANCIA PRIMERA less than a mile up Artist Rd, just a hop, skip & a jump to Santa Fe National Forest year round recreation! Natural light fills this split level home with 3 very full-size MBD suites complimented by sitting areas, open kitchen & pantry, storage galore, numerous patio areas, mountain & city light views & sense of privacy. MLS# 201201288 $695,000 Call Beth 505-690-2713 CALLE ALTAMIRA 505.988.2806 1-877-98 ADOBE www.adoberealtyofsantafe.com N PE DIN G Beth E. Fauré Qualifying Broker 505-690-2713 N EW PR ICE ! Roseanna Z. Gonzales DON CUBERO AVE SPACIOUS 5 BD, 3 BA home. First level private Vacant Lot in South Capitol - a rare find between Don Gaspar & Gildersleeve. City utilities available bdrm & bath; kitchen & large pantry open to great room with gas fireplace. Sangre views. Great to this 50’x125’ buildable lot. Conveniently located utility room. Use west-facing 5th bedroom as to the downtown area. studio, office or library. 2 A/C units, MLS# 201204663, $250,000 security system, double garage & more. Call Roseanna 505-470-5638 MLS# 201204532, $298,000 Call Roseanna 505-470-5638 HOUGHTON CALIENTITO LOOP Broker Associate 505-470-5638 312 Camino Alire Santa Fe, New Mexico 87501 SOUTH CAPITOL Location close to shopping, banking, parks & the plaza. Kitchen opens to living room with kiva fireplace, breakfast area, sunroom & separate dining room. 2 BD, 2 BA with pine & tiled floors, skylights, stone & tiled counter tops, front & back courtyards and a great back yard. $310,000 MLS# 201205375 Call Roseanna 505-470-5638 Boutique Service with International Exposure 1110 Old Santa Fe Trail $3,800,000 Elegant Eastside Estate Sophisticated Luxury ONLY ONE LOT LEFT SantaFeAtHome.com 15 Callejon Alegre $80,000 View Lot Near Marty Sanchez Golf Course Caroline D. Russell, CRS SFAR Realtor of the Year 2010 505.699.0909 email@example.com SOTHEBY’S INTERNATIONAL REALTY SANTA FE BROKERAGE 326 GRANT AVENUE I 505.988.2533 Operated by Sotheby’s International Realty, Inc. Equal Housing Opportunity. 231 WASHINGTON AVENUE I 505.988.8088 417 EAST PALACE AVENUE I 505.982.6207 sothebyshomes.com/santafe H OME Ma r c h 2 0 1 3 11 LOCAL EXPERTS WORLDWIDE Thank you for the compliment of your business over the years. SUCCESSFUL SALES HigHLigHtS OF 2012 526A Del Norte Lane 1067 Bishops Lodge Quail Run, Unit 311 Quail Run, Unit 115 MAUREEN MESTAS 505.310.1050 firstname.lastname@example.org $390,000 $884,250 $290,000 $292,500 Quail Run, Unit 508 1 Calle Vecinos 20C Cloud March Springer Square $490,000 $540,000 $760,000 $2,260,000 “Of the thousands of agents I’ve taught across the country, Maureen is definitely in the TOP 5!” – tom Hayman, Owner/CEO Real Estate Negotiation institute RANCho dE AbiqUiU $9,450,000 georgia O’Keeffe Country. this elegant, grand hacienda on 263 acres is a piece of history to enjoy as a retreat for daily living or a working ranch. includes a 12,273 sq ft Hacienda, the 2,570 sq ft historical Ruth House, additional guest casitas, plus livestock and equestrian facilities. 1.2 miles of Chama River frontage with abundant water rights. mls# 201300500 PlAzA ColoRAdA $5,650,000 Adjacent to Rancho de Abiquiu, the 5,800 acre Plaza Colorada is magical. A breathtaking, enchanting setting for all you wish to experience in New Mexico living and recreating. the resilient soul of the Plaza Colorada radiates its light across the most dramatic, pristine landscape of Northern New Mexico. the originally recorded Plaza Colorada Land grant first started out as part of one of the largest parcels of land granted in the 1700s. mls# 201300501 1023 CoUNTy RoAd 142 $2,795,000 Northern New Mexico at its finest…this luxury gated compound features 1/3 mile of Chama riverfront, a 5.5 acre vineyard, and 23.26 acres of agricultural water rights. the main house includes a chef’s kitchen, a walk-in wine room, 2,750 sq ft landscaped courtyard, 2,500+ sq ft sandstone portales and patios, 2 art studios, an art gallery, caretaker’s cottage, and 5-car garage. Magnificent views. mls# 201300190 VAlliTo PEAk RANCh $1,495,000 Just 50 minutes from Santa Fe, this exceptional 133+- acre equestrian retreat features a professionally designed custom horse barn and guest residence. A lush treat in the high desert of Northern NM, the Ojo Caliente River flows through the center of the property. the barn includes over 3,000 sq ft with a heated wash room, tack room and high-end construction finishes. mls# 201104190 8 ViA AlCAldE $980,000 Beautiful custom home in San Pedro Creek Estates leaves out no detail. Exceptional 360 degree views. Enjoy the equestrian lifestyle– ride out from the barn to hundreds of open space acres. On a premier 20 acre lot with unobstructed views. Classic Northern New Mexico style with all the modern elements you expect in today’s elegant, luxury home. mls# 201300242 234 AlTERiTA RoAd $395,000 Beautiful 140 acre tract at the end of Alterita Road. Amazing northern views of the Sangre de Cristo Mountain range and expansive views of the galisteo Basin. Ultimate privacy, sculpted rock outcroppings and a feeling of the Old West make this an ideal Santa Fe ranch property. mls# 201001767 SOTHEBY’S INTERNATIONAL REALTY SANTA fE BROkERAgE 326 gRANT AvENuE I 505.988.2533 231 WASHINgTON AvENuE I 505.988.8088 Operated by Sotheby’s International Realty, Inc. Equal Housing Opportunity. 12 M arch 2 0 1 3 H O ME 417 EAST PALACE AvENuE I 505.982.6207 sothebyshomes.com/santafe LOCAL EXPERTS WORLDWIDE 34 Vista Tesuque Cleanly contemporary and beautifully sited to take advantage of the breathtaking forever views. Nestled in the foothills of the Sangre de Cristo Mountains on a spectacular 7 acre view lot, this 4 bedroom, 3.5 bath home is an amazing value. Offered at $975,000 SOTHEBY’S INTERNATIONAL REALTY SANTA fE BROkERAgE 326 gRANT AvENuE I 505.988.2533 231 WASHINgTON AvENuE I 505.988.8088 Operated by Sotheby’s International Realty, Inc. Equal Housing Opportunity. ROXANNE APPLE 505.660.5998 SantaFeCalling.com sothebyshomes.com/santafe H OME Ma r c h 2 0 1 3 1 3 417 EAST PALACE AvENuE I 505.982.6207 LOCAL EXPERTS WORLDWIDE 15 Backroad, Madrid, NM $699,000 If you’ve always dreamed of living in a wonderful old church, this is your opportunity to own one of the most unique properties in Northern New Mexico. mls# 201204903 751 caNada aNcha $898,000 Adobe masterpiece! By Doug McDowell, with spectacular views, this 2,700 sq ft, two master suite home with spacious office/third bedroom and 2.5 bath is loaded with Santa Fe style. #201300085 8 First strEEt, cErrillos, NM $699,000 Incredible double adobe with guest house, originally built in 1886, has been a saloon, dance hall, and movie theater. Now a beautifully renovated 4BR, 3BA luxury house and professional gallery/studio. mls# 201204967 a realtor since 1992 and consistently in the top 5% of Brokers in santa Fe. aggressive, intelligent, Ethical. Born in Pueblo, CO, Bob has a BA in Mathematics and Philosophy earned while a Benedictine monk, an MA in Art from the U of Northern Colorado, and a Doctorate in Art Education from Arizona State U. He has been a professor at the U of Northern Colorado, Ohio State U, U of Arizona, and Boston U (where he was Director of the Program in Artisanry). He has been president of the San Antonio Art Institute and the Museum of New Mexico Foundation. He is an exhibiting artist of his wood sculptures of churches of New Mexico and from around the world. RECENTLY SOLD PROPERTIES 144 Gonzales road, #4 610 camino santa ana 3600 cerrillos road, 401B 913-915 don Gaspar 24 sky island lot 144 cerrito de Baca $559,000 $399,000 $99,000 $498,500 $159,000 $375,000 BoB (roBErto) cardiNalE 505.577.8418 email@example.com I’ve sold almost all of my listings and if you’re really ready to sell your property, please contact me. E G Distinctive Santa Fe 303 cadiz $1,200,000 Emily Ivette Garcia CRS, Real Estate Broker Excellence, with a touch of grace... b New Properties c Contemporary Northside 229 camino del Norte $1,000,000 Rancho Viejo Estate 26 Withers Peak $675,000 Sangre Views & Comfort 307 Vistoso Place $650,000 Eastside Adobe & Studio 816 old santa Fe trail $350,000 Ojo Caliente Farmhouse 34973 highway 285 $275,000 b Exceptional homes c Prestigious Territorial 1021 Mansion ridge $1,200,000 Artistic Pueblo with Views 86B arroyo hondo $1,075,000 rancho de san Juan $150,000 & $175,000 Gourmet Condos Elegant Abiquiu Retreat 10 Petroglyph Place $619,000 House & GH Walking Distance 314 artist road, #1 $499,000 Serenity in Ramah, NM 7 Blue Jay court $475,000 Emily Garcia • 505.955.7963 • 505.699.6644 • firstname.lastname@example.org SOTHEBY’S INTERNATIONAL REALTY SANTA fE BROkERAgE 326 gRANT AvENuE I 505.988.2533 231 WASHINgTON AvENuE I 505.988.8088 Operated by Sotheby’s International Realty, Inc. Equal Housing Opportunity. 14 March 2013 HOME www.emilygarcia.com 417 EAST PALACE AvENuE I 505.982.6207 sothebyshomes.com/santafe LOCAL EXPERTS WORLDWIDE LasColinasSantaFe.com 14 NEW CONSTRUCTION HOMES laS colinaS DriVe $699,000 – $945,000 Rare new construction – 14 homes just minutes to the Santa Fe Plaza and Canyon Road. Modern Pueblo-style designs with spectacular views. To be constructed to the highest green building standards with high-end finishes throughout. mls# 201300112 NEW PRICE NEW LISTING – LAS CAMPANAS 505.920.8001 email@example.com Darlene Streit Group santaferealestateproperty.com santaferealestateexpert.com santafeluxuryhomesandland.com NEW LISTING 520 Del norte lane $449,000 A downtown adobe hidden jewel that has great outdoor areas and space to have that special garden area. This 3 bedroom, 3 bath home has a newer addition that affords you an amazing entertaining area with 3 fireplaces, beam ceilings and wonderful play of light. 2,524 square feet with upstairs views and only minutes to the Plaza. mls# 201204828 3 aGua Dulce $1,395,000 Very private cul-de-sac location with golf course and fabulous Sangre de Cristo views. Elegant exterior with generous brick portales for outdoor living and entertaining. Richly detailed interior with tile and wood floors, connoisseurs kitchen and laundry with custom wood cabinetry and granite countertops. Luxurious master suite and attached guest suite. mls# 201300165 1008 calle Dorthia $730,000 Sangre de Cristo home, 4BR, 3BA plus guest house that has an amazing rental history. This home is immaculate with many designer features; slate flooring, shepherd’s fireplace, Viking range, large pantry, hot tub, fountain, rod iron front gates to the entrance, manicured gardens and trees, outbuilding, and an attached 2-car garage with California Closet systems. mls# 201300009 NEW PRICE 7 owl creek $775,000 Endless mountain views from this 2-story home with casita. Bordering the National Forest, this double adobe construction home has natural stone, granite, Saltillo tile and diamond plaster finishes. High ceilings with split cedar herringbone pattern. The living room, study and casita have fireplaces, master suite has a sitting room and large balcony which overlooks La Barbaria Canyon. mls# 201204615 3 Jacinto court $439,000 Amazing view home in Eldorado. This 2,500 sq ft home is located at the end of a private lane all on 1 level with an attached 2-car garage. Passive solar design offering 3BR, 4BA. Features include a stacked stone fireplace in the living room, kiva fireplace in the study, vigas and beams, radiant heat, flagstone patios, and a large eat-in kitchen. mls# 201202302 173 chiSholm trail $1,332,000 Equestrian property including a 3-stall barn with hay storage in La Tierra Nueva. Perfect 4BR home for family. Part of the barn was converted to a lovely library and guest house. Bordering BLM and National Forest. Minutes to downtown Santa Fe. Exceptional home with a pool and fantastic views. mls# 201202244 SOTHEBY’S INTERNATIONAL REALTY SANTA fE BROkERAgE 326 gRANT AvENuE I 505.988.2533 231 WASHINgTON AvENuE I 505.988.8088 Operated by Sotheby’s International Realty, Inc. Equal Housing Opportunity. 417 EAST PALACE AvENuE I 505.982.6207 sothebyshomes.com/santafe H OME Ma r c h 2 0 1 3 1 5 LOCAL EXPERTS WORLDWIDE well priced office/warehouse Flex commercial building off St. Michael’s Drive. Plenty of parking space, a loading dock, and fenced storage area. $103 per sq ft! This won’t last long. mls# 201300066 $580,000 612 old sanTa fe Trail, a Historic adobe compound built circa 1910 and remodeled in 2001 by acclaimed architect Eric Enfield. Exceptionally well-finished and updated commercial or residential condo. mls# 201103212 $795,000 1206 GalisTeo sTreeT Recently updated and well maintained 2 level, 1,937 sq ft home with 3BR and 2BA. The house is situated in South Capital, minutes from everything. mls# 201201696 $399,000 pacheco TrianGle liVe/worK/play Colorful and unique! This impeccably maintained live-work condo is in the Pacheco Triangle neighborhood. C2 zoning allows commercial or residential use. mls# 201200069 $239,000 Tai BixBy, cciM 505.577.3524 firstname.lastname@example.org 1918 hopewell sTreeT, a Colorful and unique 3-story, mixed-use opportunity. Commercial or residential zoning. Ground floor commercial offices, upper floor 1BR residential loft. mls# 201201654 $485,000 2508 rosina sTreeT Adobe home in Casa Alegre with 3BR, 2BA, large wood stove, hardwood floors under carpet and a large shed. Fenced for privacy with plenty of parking on a 0.2 acre lot. mls# 201104585 $250,000 KNOWLEDGABLE AND EXPERIENCED NEW LISTING – NORTH HILLS NEW LISTING – NORTHWEST FANTASTIC MOUNTAIN & CITY VIEWS 1082 Mansion ridGe road $925,000 A wonderful North Hills home offering 3 bedrooms, 4 baths, a grand living/library room, a sunlit kitchen with views of the Sangres, a lovely sunroom overlooking the rose gardens, an office and a laundry/hobby room. This is an immpeccably maintained, charming older home sited perfectly on 3.4+ acres with well cleared out mature trees, special gardens areas, and a delightful tree house. The property is privately gated and includes a separate studio and a 2-car garage. mls# 201300241 3 sTar splash $749,000 Beautiful, like new, soft contemporary Pueblo-style home – shows like a model! Perfectly sited on 1+ acre with Sangre and Jemez Mountain views. Lovely open floor plan with high-end finishes, granite countertops, custom cabinetry, stainless steel appliances. Charming master bedroom suite with 2 additional bedrooms/ office, high ceilings, views from almost every angle, beam ceilings in living, dining and master bedroom. Landscaping includes gardens and walled courtyards, plus a 4-car garage. mls# 201300475 852 calle daVid $839,000 This is a well thought-out, like-new Las Estrellas, Ridge Canyon contemporary home sited on one of the best view lots in Santa Fe, with up-close, superb views of the beautiful Sangre de Cristo Mountains and Santa Fe city lights. Includes 2,400 sq ft, single level, 3BR, 2 1/2BA, a desirable bedroom separation, the master suite features dual offices, the high-end kitchen is designed for efficiency, an attached oversized 2-car heated garage, and low maintenance landscaping all around. mls# 201205143 daVid 505.670.5515 email@example.com Bonnie 505.954.0736 firstname.lastname@example.org David & Bonnie Sorenson Our philosophy is simple... we have a dedicated commitment to service santaferealestateToday.com Informative • Comprehensive • Smart • Most Comprehensive Santa Fe Real Estate Statistics • Search Complete Santa Fe MLS • Current Santa Fe Information sothebyshomes.com/santafe SOTHEBY’S INTERNATIONAL REALTY SANTA fE BROkERAgE 326 gRANT AvENuE I 505.988.2533 231 WASHINgTON AvENuE I 505.988.8088 Operated by Sotheby’s International Realty, Inc. Equal Housing Opportunity. 16 March 2013 HOME 417 EAST PALACE AvENuE I 505.982.6207 Electronics for music, TV, home control C By Paul Weideman onstellation Home Electronics is deep into the latest compact, wireless systems available to control lighting, heating, cooling and security systems in the home. But the company’s showroom on Guadalupe Street also is a destination for all lovers of film, television and music. When you enter the shop, you’re going to be dazzled by the clarity of the pictures on numerous flat-panel TVs. And check out the gorgeous 802 Diamond speakers by Bowers & Wilkins. At about $15,000, they’re pretty near the top of the field, but Constellation offers a great selection of moderately priced speakers as well. “There still is a vibrant industry of high-end two-speaker connoisseurs,” said company president Jason Suttle. “It’s a hobby, and others just want a stereo. You’d be surprised how many people come in and spend $300 or so for a pair of speakers and a Sonos [wireless hi-fi] device.” In one corner of the showroom, fans of vinyl will be rewarded with a splendid selection of LPs courtesy of Dick Rosemont, about whom Suttle said, “I’ve never met anybody who knows as much about music and the history of music.” For 33 1/3 years, Rosemont owned the record store Flat, Black & Circular in East Lansing, Michigan. He is now a Santa Fe resident who keeps Constellation stocked with hundreds of 12-inch licorice gems. (This writer couldn’t resist a couple of 1960s jazz discs by Herbie Mann and Ornette Coleman.) A fancier annex of the showroom is the home-theater model featuring the new, ultra-high-resolution Sony 4K projector. “If you wanted to do a luxury dedicated media room like this with a 7.1-channel Bowers & Wilkins surround-sound speaker package, the five subwoofers, the 4K projector and the motorized screen, you’re into six figures,” Suttle said. “But you can have a wonderful home theater for $10,000 or so.” Constellation does equal parts basic service and system upgrades, such as the flat-panel televisions, wiring for high definition and wiring for networking. “The custom electronics guys, entertainment systems providers, have been around for decades, but now the role is morphing from entertainment into computer networking. In order to do what we do and make it work well, the client needs a robust and reliable home network. “We’ve always had a strong service/install component that’s based around retrofit wiring,” he said. “I had a lot of experience in that as an installer more than 20 years ago in Austin. When I came to Santa Fe it became more challenging, because of a lot of solid walls — not just adobe but ICF [insulated concrete forms] — and the lack of attic and basement spaces, but it can be done. Yes, it requires patching and painting in many cases, but in the end you can’t tell the wall was touched.” Suttle said Constellation’s networks offer uninterrupted streaming video even if you’re walking through the house. Again, this technology is a bit more challenging in the The showroom at Constellation Home Electronics Right, a Crestron-equipped iPad permits the homeowner to control electric window shades and other automatic functions in the home “Santa Fe Style” house because of the thick, solid walls and the metal lath used in wall plastering. Half of the company’s business is pushing the tech envelope with things such as motorized window treatments, energy management and control, centralized dimming and lighting control, and property-monitoring technology. Internet control is a necessary element of such systems. It allows the homeowner, from anywhere in the world, to open and close doors for people, to arm and disarm the security system, and to turn on climate controls to prepare the house for the owner’s arrival. Temperature sensors around the house, tied into a hightech thermostat, permit fine control of the environment, and energy management. The owner equipped with an iPad with Crestron software has the house controls in hand. “Efficient control of your lighting, heating and cooling is now expected in high-end properties,” Suttle said. “There can be more than a hundred light circuits in even a medium-size home and when you’re going to retire you have to make this tour to turn things off. With a system like this, you can press a ‘Good Night’ button at your bedside and it turns the lights and TV or speakers off, maybe lowers the blinds, and sets the security system for nighttime mode. “When you’re leaving, you set the control to the ‘away’ state and it shuts down unnecessary things, lowers the heating and cooling requirement, and programs the lights to mimic the way you typically use the lights, randomizing your use over a few weeks.” “Today people are getting closer to wanting to watch television, check their e-mail, do Facebook, research a recipe, and shop on Amazon, all from their couch and using one device. Productivity and entertainment are blurring.” The Constellation Home Electronics design showroom is located at 215 N. Guadalupe Street; the company’s service building is right across the street. The website is www. constellationsantafe.com, or call 983-9988. H OME Ma r c h 2 0 1 3 17 OutandAbout More (belated) Valentine’s couples, and news about two single Realtors Darlings, In my Valentine Special last month, I was able to include only a few photographs of Santa Fe’s real-estate couples (Who knew there would be so many?) and that kind of made me feel bad. Well, I didn’t exactly lose sleep over it, but I was afraid that you, my darling readers, might have, and then that thought started causing me to lose sleep. Sometimes, Buttercups, I just hate myself for being such a people pleaser. At any rate, I’m slipping in a few more photos, and I bet I still won’t be able to include all of them. How long must this go on, you ask. Quien sabe, muchachos (as well as muchachas). If you study the photos long enough, you’ll notice a couple of single Realtors thrown in (to see if you’re paying attention, which I am not today, so I can’t blame you if your thoughts are turning to the spring equinox coming up). Yes, Virginia, single Realtors still dominate the real-estate market, and new ones appear on a regular basis. Just recently, Linda Bissonnette joined Keller Williams Realty Santa Fe. Lemon Drops, you may think of Linda as the innkeeper at Lavender Sunsets, those sweet little vacation rentals on Gomez Road. However, as Paul Harvey would’ve hinted, that’s only part of the story. Linda was a Realtor with the Prudential Santa Fe office back in the Mike Hall Prudential days, but she dropped that to take what seemed at the time to be a more exciting offer: hairdresser on a movie set for a film scheduled to be made in Austin. She relocated to Austin, and after settling in, she learned one of those harsh Hollywood lessons: the movie never made it off the drawing board. Scissors in hand, Linda moved back to Santa Fe and began cutting and styling hair here, which turned out to be a lucky break for me (finally, Butter Beans, we get back to ME). Twenty years ago, while at a party at someone’s house somewhere on the northside, I ran into this woman in the hallway who said O A K LEY TA LB O TT Chris and Patti Webster at home in Hawaii Roger and Melissa Carson, still fresh and pretty after a day’s worth of closings Paula (pretty in orange) and Tim (great in black) Galvin David and Clara Dougherty, glammed up for a night at THE opera house in Italy Dave and Bonnie Sorenson at the office Linda Bissonnette with her best friend, Mickey DorLisa and Warren Berg (at Warren’s favorite event, Santa Fe Concorso) 18 M ar c h 20 1 3 HOME Chris Harris, better known as, simply, The Commander. Sounds more ominous than he looks, don’t you agree? to me, “That’s a terrible hairstyle for you. You need help, and let’s start with a new cut. I’m Linda, call me.” I did, and she was right, of course. Pobrecita, she got stuck with cutting my hair from then on, no matter what other career she was pursuing at the time. Now that she’s a Realtor once again, I suppose I’ll be forced to make other arrangements. Boohoo. Another new face on the real-estate scene is Chris Harris at Barker Realty. Officially retired from the U.S. Navy this month, Commander Harris (or, just simply Commander, as he is affectionately known around the Barker office) was on the USS Porter, a guided missile destroyer, and spent seven months off the coast of Somalia scaring the pants off those Somali pirates. Of course, Kittens, in a 25-year career, Chris did much more than that, but it’s a useful reference point to strike up a conversation when you run into him at an MLS meeting. When David Barker welcomed Chris into the Barker fold, it was a nostalgic moment for David, because he couldn’t help but think how Chris’ life reminded him of his own father’s life. In 1964, Commander Laughlin Barker retired from the Navy and returned to his hometown of Santa Fe to begin his next career, with his family of six children in tow. Commander Harris, at the time of his retirement from the Navy and his move to Santa Fe to begin his new career, has a family of eight children. Oh, those Navy boys. I wonder, Cream Puffs, was it something in the water? More pictures and fewer words, that’s my goal this month, which leads me to say, So long, Sweetpeas. Until next time… Oakley Oakley can be reached at merrilypierson@ me.com H OME Ma r c h 2 0 1 3 1 9 spring is in the air... One of the oldest homes in Santa Fe, a delightful retreat in the heart of the city. MLS #201204288 $1,695,000 Exquisite historic cottage with guest house and stunning gardens within walking distance of the Plaza. $1,275,000 T E L : 5 0 5 . 9 8 9. 7 7 4 1 â€˘ D E TA I L S AVA I L A B L E AT A w w w. d r e s f. c o m S e r v i c e R e a l â€˘ expect more. B r o k e r a g e F u l l E s t a t e 20 M arch 2 0 1 3 H O ME MortgageMatters Thank your loan processor Most homeowners, after their closing, agree that the most important ally a borrower has in the loan finance journey is the loan processor. Making friends with the processor is definitely the way to go. It will pay dividends in more ways than one. Get to know the processor and visit with her or him often. It is an understatement to say that paperwork has increased in the mortgage world. There are more requirements all the time. Fannie Mae continues to pressure lenders with new requirements. Who handles this increased paperwork? Who handles surprise requests at closing? Who is in the hot seat from beginning to end? Yep, it is the loan processor. The processors are the glue that hold mortgage companies together. They are responsible for most of the interaction and struggle with the underwriters. Because they are such an integral part of the transaction, they have become even more valuable then your favorite loan officer. Be smart: check with the processor about your paperwork, appraisal and final approval. This will help get your loan closed in 30 days instead of three months. Smart Realtors have also learned to communicate with the processors. Asking a qualified loan processor for the status on a home purchase is the most accurate method of determining the loan approval timeline. Loan officers are often too busy. They are required to take good care of your loan by locking your rate at the optimal moment and working directly with the borrower to initiate the process and collect all necessary paperwork. But in all honesty, besides managing your loan, the loan officer is responsible for business development and has to be out of the office to do this well. So, as I said before, when the loan originator is visiting with Realtors, it is the processor who must call asking for more documentation. It can be a lonely and thankless job. Why would anyone want to educate themselves so that they can talk to and understand the all-powerful underwriters? Why do they want to work in an environment that is stressful and often unappreciative? The simple answer is that they like helping people realize their greatest dream of home ownership. Great processors are hard to find and when you work with one, you will know it. Because I am the author of this tribute to loan processors, I am taking the liberty to say that I have the best. Without hard-working processors, any success in closing loans would be extremely difficult. When they say, “Jump, Jim,” I say “How high?” So, the next time you have an opportunity to work with a processor who is JIM G AY going the distance to get your loan closed with the least amount of irritation, say “Thank you” and “Good job.” He or she deserves it. Jim Gay was a real-estate broker for 20 years and has been a consultant to Fortune 500 companies. He is currently a broker/owner with Home Buyers Mortgage (986-9080) and can be reached at jim@ jimgayhomemortgage.com SantaFeinBloom Designing with flower mania It is a well-known fact that many artists and photographers come to Northern New Mexico for inspiration. The endless landscapes and bountiful elements of nature are enough to provide any painter or sculptor with plenty of creative fuel. But recording this native beauty doesn’t always just end up on a canvas. There is another medium regaining momentum where nature literally gets picked and arranged in a real, live creation. Known as botanical art, this art form is fast becoming popular with those interested in the beauty of our environment. Botanical art has been around since the earliest civilizations where it was used primarily to identify and illustrate the findings of plant biologists for study. Botanical art’s concentration has mostly involved the sketching and painting of plants, but there is a spinoff to the genre that goes one step further — incorporating actual organic materials into the pieces, a process called floral art. Floral art may sound like a fancy form of floral design, and in a way it is. However, floral artists aren’t limited in their matter or design structures; in fact, they can create anything they want. Floral artists will use any part of any plant to create tactile living works of art so beautiful, it’s hard to resist touching or smelling them. But beware, the flowers are often dried, leaving little or no scent. Marie Coburn, a floral artist living in Dixon, has been creating works of botanical beauty for over 20 years. Originally from California, Coburn turned her passion for collecting unusual plant matter on her trips into a lucrative business when she moved to New Mexico in 1989. A selfproclaimed hunter and gatherer, Dixon likes to bring her finds home, dump them on the floor and let the flowers guide her creatively. Her floral arts journey began when she decided to make her “mania” for flowers a business, aptly calling it Floramania. She describes it as “where the garden and the imagination meet.” While she loves finding plants in the wild, she started a garden on her threeacre property where she grows statice, hollyhocks, zinnias, marigolds, strawflower, native grasses, xeranthemum, and amaranthus, to name a few. An avid traveler, she found inspiration in New Orleans, Bolivia and Columbia, where she fell in love with masks and now produces an eclectic assortment, from Venetian-inspired to tribal carnivalthemed. And she doesn’t stop there. Saints, animals and cultural icons all hang on the walls of her studio, with an 8-foot sculpture of Our Lady of Guadalupe in the center. Her newest endeavor is creating encaustic pieces, a process which involves hot beeswax over pressed floral material. She likens these to watercolor paintings filled with real elements of nature. Her studio is a part of the annual Dixon Arts Tour, and is hard to miss, with a lifesize mannequin dressed in a chic floral ensemble greeting you on the front porch. C A R O LE LA N G R A LL Her work can also be found at the Santa Fe Farmers Market, where she has sold her famous wreaths and fans for the past 14 years. Coburn is available by appointment only, and can be reached at 505.579.4635. Carole has been in the floriculture industry for over 23 years, from wholesale and retail sales to public outreach and events planning. She is a Master Gardener and is an advocate, lecturer and supporter of New Mexico’s sustainable, local flower farms. Her floral design studio, “A Garden of Earthly Delights,” has two locations: Santa Fe and Baltimore. She can be reached at 443.257.8833. H OME Ma r c h 2 0 1 3 21 Courtesy Joe Ciaglia Authenticallydesigned A sense of place Have you ever noticed that you gravitate to a certain spot in your or someone else’s home or office, but cannot put your finger on why? We all need at least one of those spaces where we can completely unwind, be in the moment, or get into our flow. One of the jobs of an interior designer is to determine how one will likely use a space, and help make that experience optimal. There are a myriad of components that contribute to the comfort and contentment one feels in a space; they include lighting, seat comfort, and views. Yet other considerations are subjectivity to noise or other distractions, and accessibility to electrical outlets and other elements that support time spent in the space. While many of these things seem obvious, it can still be a lot to consider when determining how a space will look best, while ensuring that it will function well. Drawing from numerous consultations in which clients are not content with the way they feel in a given space, the most common areas for improvement are orientation, lighting and accoutrement. Orientation is at the top of the list of what makes one comfortable aside from seating. It takes some analysis to understand what is the best positioning for each person depending on the desired outcome — productivity, relaxation or engagement with those around them. Are you left- or right-handed and therefore more comfortable with things and a viewpoint accessed from one or the other? What is your optimal view: out a window, or perhaps into adjacent rooms to observe activities and participate with others? Do you prefer a more open space or to size the importance of what you will see from your vantage point and making it harmonious, be it a well-executed landscape, a compelling composition of art and furnishings, or the view into the next room. In an ideal world, several vantage points can be enjoyed at once, for example window, fireplace, television, or a piece of art. Lighting is an obvious factor to the usability of any space. For ultimate comfort, you will want to have necessary task-light for reading, writing, craft, etc., balanced with additional ambient lighting for mood. Ambient light can be achieved with art lighting or spotlighting, dimmable overhead lighting, and well-distributed table lamps and standing lamps. The presence of natural light is, of course, favorable, as it is pure and feeds the soul. The ability to adjust the light to suit your mood or needs through window coverings and dimmers is an added benefit. When we settle into our favorite spot, we want to be able to truly settle in with all of the essentials. Having a throw for warmth, adequate surface space for a bev- H E AT H E R VAN LU CH E N E S T E FFAN Y H O LLI N G S WO RT H erage, book or technological device, and suitable storage for access to periodicals or hobby paraphernalia helps make down time or productive time that much more effective. Yes, much of what interior designers do has to do with aesthetics, but equally as important is the well-being of our clients. After all, investing in beautiful finishes and furnishings has little impact if the day-to-day experience of the space as a whole is not nurturing and joyful. Heather Van Luchene, ASID, and Steffany Hollingsworth, ASID, are partners in HVL Interiors LLC, an interior design firm offering professional residential and hospitality design services. Both are New Mexico-licensed interior designers. They can be reached at (505) 983-3601 or info@ hvlinteriors.com. be “nooked” into a space, facing a wall or a corner, or even surrounded by buffers such as a tall piece of furniture or plants to alleviate distractions? We also empha- Recent Home & Land Sales Sales data for the period Jan. 19-Feb. 18 from Santa Fe Association of Realtors MLS reports. Not all sales are reported. Homes $55,000 $143,000 $150,000 $165,000 $167,000 $175,000 $176,000 $177,000 $179,500 $182,000 $185,000 $185,000 $189,000 $195,000 $195,000 $196,272 $197,500 $203,900 $205,000 $212,500 $216,000 $221,000 $235,000 Homes $555,000 Homes $430,000 Land $65,000 $79,000 $79,000 $125,000 $558,060 $873,500 Land $275,000 Homes $200,000 $210,000 $225,000 $304,000 $311,000 $348,000 Land (None) Homes $96,300 $205,000 $225,000 $433,000 $525,000 $527,500 $560,000 $576,000 $660,000 $850,000 $925,000 Land $152,500 $237,000 $263,685 $278,500 $297,400 $380,000 $520,000 Land $300,000 Homes $50,000 $69,900 $75,000 $108,600 $233,000 $245,000 county $245,000 $280,000 $325,000 $405,000 $485,000 $545,000 $699,000 $750,000 $1,093,508 $1,475,000 $1,900,000 Land (None) Homes $147,900 $218,000 $220,000 $253,118 $305,000 $320,000 $365,000 $425,000 $475,000 $585,000 Land $97,300 $100,000 Homes $230,000 $290,500 $305,000 $342,500 $367,000 Land (None) Homes $354,250 $379,000 $387,500 $396,000 $414,500 $549,000 $585,000 $630,000 Land $80,000 $153,500 $175,000 22 M ar c h 20 1 3 HOME SANTA FE SantaFeProperties.com ® PROPERTIES Laurie Farber-Condon Look For My Extensive Selection Of Homesites Priced from $75,000 to $599,000 For a complete list of all listings in Las Campanas view my website LasCampanasExperts.com & SantaFeLuxuryHomeExperts.com FaceBook.com/SantaFeProperties LuxuryPortfolio.com NOW ON-LINE LasCampanasExperts.com Click “Search Homes or Land” for current sales data posted monthly Click “Market Reports” Cultural Ambassador to Moscow, Russia, with performances March 5 and 6. At home at The Lensic March 29 and 30 at 7:30pm. Farewell performance of Sam Chittenden. The Lensic, Santa Fe’s Performing Arts Center email@example.com HOUSE PLUS LOT NEXT DOOR FAIRWAY HOME - BIG WESTERN VIEWS ASPEN SANTA FE BALLET See Santa Fe thru eyes that know it well. . . Laurie Farber-Condon – 26 years selling real estate in Santa Fe - Contact me to receive customized listing updates via email for any area(s) in Santa Fe PRICE REDUCTION! 505.412.9912 Georgeous traditional adobe and frame home sprawled on a mountaintop with amazing views and a garden. 21.55 acres. Horses welcome in this gated community. Pool and orchard. www.LasCampanasExperts.com MLS #201300045 $1,600,000 183 HEADQUARTERS TRAIL Outstanding western views. Pumice construction, new stucco. Fabulous open gourmet kitchen/family room. Three bedrooms plus office. www.LasCampanasExperts.com MLS #201202564 $945,000 149 CALLE VENTOSO EAST - LOT 893 & 892 Come into timeless elegance and a home where each detail was chosen for a spectacular ownership experience. Large scale rooms with wonderful flow to bountiful outdoor portals. www.LasCampanasExperts.com $1,799,000 7 STORMVIEW LANE ADOBE JEWEL BOX IN LAS CAMPANAS EASY BUILD LOT WITH FANTASTIC VIEWS! ZUNI CASITA An adobe jewel box, flagstone floors, plastered interior walls, four kiva fireplaces, beautiful ceiling treatments in every room and the magical location overlooking the lake and the two finishing holes www.LasCampanasExperts.com MLS #201300262 $650,000 17 PLAZA DEL CORAZON Strikingly beautiful 10.59 acre homesite with incredible views. Lot 31 on Chisholm Trail in La Tierra Nueva neighborhood. Close to the gatehouse, yet very private. Guest house and horses allowed. www.LasCampanasExperts.com MLS #201105250 $325,000 31 LA TIERRA NUEVA With its spectacular view of the two finishing holes, the enormous lake and inspiring sunset mountain views, this end unit Casita has arguably one of the best locations in the Community of Las Campanas. www.LasCampanasExperts.com MLS # 201300021 $750,000 23 PLAZA DEL CORAZON LAS CAMPANAS IMAGINE YOUR DREAM HOME HERE! LA MARIPOSA Very special home site in a top quality location purchased by the seller when it was first available on the market at Las Campanas. This 1.7 acre lot has spectacular sunset and mountain views. www.LasCampanasExperts.com MLS #201204915 $365,000 9 EAST GOLDEN EAGLE, LOT 312 Here is one of the great home sites in Las Campanas, offering commanding Sangre de Cristo Mountain views and an elevated building site above the golf course and water views. www.LasCampanasExperts.com MLS #201202562 $449,000 6 HACIENDA VAQUERO-LOT 2 Mountain and sunset views to warm your heart and affirm why you love New Mexico. Located in the beautiful neighborhood of La Mariposa, with 360-degree beautiful views of all mountain ranges! www.LasCampanasExperts.com MLS #201202597 $179,000 3165 VISTA SANDIA 1000 Paseo de Peralta, Santa Fe, New Mexico 87501 • 505.982.4466 • 800.374.2931 • SantaFeProperties.com SANTA FE SantaFeProperties.com ® PROPERTIES The Luxury Market Group FaceBook.com/SantaFeLuxuryHomes Luxury Market Group 1000 Paseo de Peralta, Santa Fe, New Mexico 87501 505.982.4466 • 800.374.2931 SantaFeProperties.com FaceBook.com/SantaFeProperties UNDER CONTRACT FABULOUSLY ROMANTIC LuxuryPortfolio.com GORGEOUS CONTEMPORARY RESIDENCE WITH GREAT VIEWS! PROVIDES EXCEPTIONAL SERVICES, DYNAMIC NETWORKING, AND MARKETING PROGRAMS TO MAXIMIZE OPPORTUNITIES FOR SELLERS AND BUYERS OF HIGH-VALUE PROPERTIES 920.6402 Tom Abrams 670.7911 Andy Ault Kevin Bobolsky 470.6263 Deborah Bodelson 660.4442 920.7551 Cristina Branco 690.0553 Val Brier 660.8064 Ginny Cerrella 490.2800 James Congdon 501.1327 Peggy Conner 690.1866 Don DeVito 310.4116 Suzy Eskridge Farber-Condon Laurie 412.9912 11 TESUQUE RIDGE ROAD • Views of Sangre/Ski Area, Pojoaque Valley and sunsets • A major landmark of classical Pueblo and Territorial style • A magnificent oak floored living room and gourmet kitchen • Almost eleven acres surround this private estate • 3 br, 5 ba, 10.78 acres, 5647 sq.ft. SantaFeProperties.com/201205619 $2,200,000 Deborah Bodelson 505.660.4442 12 LA VEGA • Compound in the heart of the Historic Galisteo Village • Double adobe, La Mancha Restaurant dates back to the 1800’s • Unique compound, private well, immaculate remodel • 2558 sq.ft. studio/media room fantastic for gallery & entertainment • 0.93 acre, 4 br, 4 ba, total 6322 sq.ft. SantaFeProperties.com/201205400 $1,910,000 Deborah Bodelson 505.660.4442 A LUXURIOUS AND PRIVATE HACIENDA 1204 OJO VERDE • Contemporary home with tremendous city light and mountain views • Fabulous gourmet kitchen with cherry wood cabinetry • Lower level guest suite with private entrance • Grand portals, terraced stone gardens, and breathtaking views • 1.59 acres with 4 br, 5 ba, 5307 sq. ft. SantaFeProperties.com/201102786 $1,745,000 Matthew Sargent 505.490.1718 SPECTACULAR EASTSIDE ENTERTAINERS COMPOUND 690.5162 Dave Feldt 231.2500 Marilyn Foss Lynden Galloway 501.1111 Paul Geoffrey 660.6009 670.6132 Debra Hagey Jan Hamilton 690.8994 Heidi Helm 930.7020 501.0101 Susan Kline Sharon Macdonald 660.5155 470.0639 Dermot Monks 660.5395 Victoria Murphy ADOBE HILLTOP ESTATE WITH CAR STORAGE FACILITY 470.6953 Vivian Nelson 946.0449 Pat Pipkin 470.6909 Efrain Prieto 670.1409 Kate Prusack Matthew Sargent 490.1718 690.3070 Gavin Sayers Richard Schoegler 577.5112 470.0002 Bob Lee Trujillo Marg VeneKlasen 660.9151 Jim Weyhrauch 660.6032 David Woodard 920.2000 LOCAL LUXURY Facebook.com/SantaFeLuxuryHomes Stay up-to-date with our local luxury real estate market and our offerings including the finest luxury homes, ranches and compounds available in Santa Fe and Northern New Mexico. “Like” our Facebook page today. 22 ENTRADA LA CIENEGA • Property includes an 8600 sq. ft. heated car storage facility • Magnificent master suite, office/library, and formal living/dining • 360 degree views of the Sangre, Sandia and Ortiz mountains • Next to the Santa Fe Canyon Ranch and overlooks Las Lagunitas • 3 br, 4 ba, 7410 sq.ft., 19.6 acres SantaFeProperties.com/201204490 $1,700,000 Jim Weyhrauch 505.660.6032 CASA LUNA 183 HEADQUARTERS TRAIL • Luxurious and private adobe hacienda on 21.55 acres • Traditional touches: vigas, latillas, kiva fireplaces • French doors open to expansive portals, pool & hot tub • Large, fenced, irrigated organic garden • 4 br, 4 ba, 3940 sq.ft., 3-car garage SantaFeProperties.com/201100149 $1,600,000 Laurie Farber-Condon 505.412.9912 INNOVATIVE NORTHSIDE CONTEMPORARY 916 OLD SANTA FE TRAIL • Style and feel of an authentic Old World hacienda • Gracious living room, kitchen, dining, gallery/ballroom • Secluded, single-level separate guesthouse with parking • Established inviting landscaping, balconies, courtyards • 5 br, 5 ba, 5794 sq.ft., 0.693 acre. SantaFeProperties.com/201202950 $1,495,000 Kevin Bobolsky 505.470.6263 $ Marilyn Foss 505.231.2500 WILDERNESS GATE HOME, GUEST HOUSE AND ART STUDIO INTERNATIONAL LUXURY SantaFeProperties.LuxuryPortfolio.com Through our affiliation with Luxury Portfolio International and LuxuryPortfolio.com, we offer incredible exposure to our buyer and seller clientele. LuxuryPortfolio.com markets 25,000 homes each year with multi-photo slideshows and interactive LuxeTours™ and represents more $1 million properties tan any other luxury network. Our listings on Luxuryportfolio.com are translated to nine languages and 60-plus currencies. A typical visitor to LuxuryPortfolio.com has a household income of $1.32 million, owns a primary home valued at more than $3.8 million and a secondary home valued at more than $5.2 million. 69% plan to make a purchase in the next three years. 1000 Paseo de Peralta, Santa Fe, New Mexico 87501 • 505.982.4466 • 800.374.2931 • SantaFeProperties.com 1200 CALLEJON ARIAS • With the most beautiful mountain views • A wealth of classic architectural Pueblo elements throughout • Spacious living room, dining room, gracious kitchen • Includes a one-bedroom, 835 sq.ft. guest house with views • 4 br, 4 ba, 4156 total sq.ft., 2-car garage, 0.97 acre SantaFeProperties.com/201201034 $1,300,000 The Efrain Prieto Group 505.470.6909 1104 MANSION RIDGE ROAD • New price on sophisticated contemporary close to downtown • Attached studio and office for potential add’l 1-2 bedrooms • Flooded with natural light from walls of glass • Sleek gourmet kitchen/dining/living, shaded outdoor living • 3 br, 3 ba, 3342 sq.ft., 3-car garage, 1.79 acres SantaFeProperties.com/201100664 $1,195,000 Gavin Sayers 505.690.3070 2310 WILDERNESS RIDGE • A peaceful private setting in the tall pines and aspens • Home with guest house and studio • City lights and mountain views • Living room, kitchen, formal dining feature hand-hewn beams • 3 br, 3 ba, 4263 sq.ft., 1-car garage, 5.03 acres SantaFeProperties.com/201203641 $1,095,000 Richard Schoegler 505.577.5112 1000 Paseo de Peralta, Santa Fe, New Mexico 87501 • 505.982.4466 • 800.374.2931 • SantaFeProperties.com SANTA FE SantaFeProperties.com ® PROPERTIES Deborah Bodelson firstname.lastname@example.org Women’s Council of REALTORS®-2010 President-Santa Fe Chapter Member - Santa Fe Properties Luxury Market Group FaceBook.com/SantaFeProperties LuxuryPortfolio.com Associate Broker Cell: 505.660.4442 The Bodelson Team Take advantage of the low interest rates, buy now! Cary Spier, CNE Associate Broker Cell: 505.690.2856 email@example.com UNDER CONTRACT Smashing views, lush landscaping & beautiful gardens. This 5100+ sq.ft. estate has 6 kivas, a guest suite, swimming pool, 6-stall horse facility with turnouts. Chef’s kitchen. MLS #201202604 Gracious Country Estate 9B Media Luna $1,700,000 Santa Fe style, views at their best in the community of Casas de San Juan. Beautiful portal facing the Santa Fe Opera with views to Colorado and a kiva. Main home, guest house and studio apartment. MLS #201202960 Sanctuary on Opera Hill 9 Camino Del Alba $1,550,000 LAND OFFERINGS Las Campanas Golf Course View Lot Las Campanas - This Las Campanas lot overlooks the 17th fairway of the Sunset Golf Course. It has spectacular 360° mountain views. This is a very buildable 1.6-acre lot. MLS #706056 At the top of Circle Drive, you will feel on top of the world! Hilltop views of Sangre Mountains and Ski Area, Pojoaque Valley and sunsets to take your breath away. MLS #201205619 A John Gaw Meem-Inspired Home 5 Calle Arbusto, Lot 23 $150,000 11 Tesuque Ridge $2,200,000 Build Your Dream Home on this 5 Acre Lot In La Barbaria canyon, this parcel is nestled amongst ponderosa pines with gorgeous canyon views and interesting rock formations. At least 3 possible building sites. MLS #201203368 Lot 2 La Barbaria Canyon $168,000 Historic Galisteo Village. This walled acre has 3 unique dwellings. The 1800’s adobe has 3 bedrooms, 2 baths restored, and a spacious guesthouse. Studio has a chef’s kitchen, theater & bath. MLS #201205400 Fabulously Romantic 12 La Vega $1,910,000 3554 sq.ft. on 5.8 acres with mountain views, 3 beds/3 baths, chef’s kitchen, 5-stall barn, view portals, significant landscaping, 3-car garage and 500 sq. ft. studio/workshop all behind private gates. MLS #201204259 Ride into the Sunrise 41.5 Spectacular Secluded Acres Located in the prestigious original Cash Ranch. This 41.5 acre lot has more than 12 buildable sites for your home. Mountain views from almost every location the best of the wild west. MLS #800753 208 Arroyo Hondo Trail $1,100,000 21 Allucia Lane $175,000 Turnkey Building Opportunity In the gated Summit Ridge, this 1.5 acre lot comes with a full set of working architectural drawings. Minutes from downtown and the Santa Fe Ski basin. MLS #201203360 Located in the heart of the Eastside. With a total of 10,019 sq.ft on 1.74 lushly landscaped acres with water rights, 6 bedrooms, 7 baths and a detached fully appointed guest house. MLS #201204218 Historic Frank Applegate Estate 831 El Caminito $3,300,000 Downtown and on close to one acre, this 8600 sq.ft. home is romantically set behind adobe walls with terraced rock and mature landscaping. Presently functioning as the Inn of the Turquoise Bear B&B. MLS #201203211 Historic Witter Bynner Estate 342 E. Buena Vista $2,399,000 1112 Summit Ridge, Lot 32 $299,000 1000 Paseo de Peralta, Santa Fe, New Mexico 87501 • 505.982.4466 • 800.374.2931 • SantaFeProperties.com sAnTA Fe SantaFeProperties.com ® PRoPeRTies Facebook.com/SantaFeProperties Luxury Market Group LuxuryPortfolio.com Are You Considering Downsizing? Kevin BoBolsKy RanchnewMex.com 505.470.6263 Do Do Do Do you you you you want one-level with no stairs? want an energy efficient home? like natural light and native materials? want an easy to maintain home? santaFeluxuryHomeForsale.com 505.231.2500 MARilyn Foss Las Placitas Compound on Santa Fe’s Eastside offers all of this 610 Garcia - The last one left ! • • • • • • • • • • LEED Gold Certified home by Doug McDowell One-Level, 3 Bedroom, 3 ½ Bath, 2 car garage 2,907 sq. ft. with radiant heat and air conditioning Fabulous indoor/outdoor living areas Portals and landscaped courtyards Energy saving technologies Universal Design, Healthy and Sustainable Only minutes to Canyon Road and Downtown Price on Request MLS #201204649 Photos are of finished sold homes at Las Placitas New Listing 640 Canyon Road # 8 High profile gallery location fronting on the prestigious high traffic area of Canyon Road. This free standing adobe building has a Geronimo style portal and a sculpture garden. Inside are numerous rooms, fabulous wall space, viga ceilings, kiva fireplace, wood floors and big display windows. Realize your dream of owning a gallery in this unique Canyon Road live/work/show situation. Real estate only; Lease Purchase considered Offered for $995,000 Have you always wanted a Gallery on Canyon Road ? 216 Washington, Santa Fe, New Mexico 87501 • 505.982.4466 • 800.374.2931 • SantaFeProperties.com H OME Ma r c h 2 0 1 3 2 7 PRoPeRties SantaFeProperties.com Facebook.com/SantaFeProperties LuxuryPortfolio.com sAntA Fe ® 412 Graham Avenue This gorgeous four-bedroom, four-bath 4300 sq.ft. home, situated on a hilltop lot, has dramatic views of the city lights with the Sangre de Cristo Mountains as the perfect backdrop. Tucked away on a cul-de-sac, this private home has light and bright living areas with fireplaces, vigas, beams and large windows looking out over beautiful open spaces. Multiple viewing decks provide some of the best vistas in Santa Fe. The master suite is complete with a solarium and large walk-in closet including built-in shelving for extra storage space. The kitchen is centrally-located and convenient to the three-car garage, den and dining area. Downstairs is a bonus room that could be used as another master suite with full bath and walk-in closet or an incredible game room with kitchenette or wet bar Situated on a one-acre lot with numerous outdoor trails and open spaces located near by, this residence is convenient to the Plaza, Railyard areas, schools and parks, with easy access to Los Alamos. 4 Bedroom / 5 Bath / 1.01 Acres #201300184 $869,000 City LiGhts & MountAin Views! Jim Weyhrauch Mobile: 505.660.6032 Direct: 505.984.7323 Jim.Weyhrauch@sfprops.com Associate Broker WEYHRAUCH WRIGHT & Dan Wright Associate Broker Mobile: 505.819.1774 Direct: 505.984.7332 firstname.lastname@example.org Kate Prusack 505.670.1409 email@example.com PRICE REDUCED Team Veneklasen Marg Veneklasen 505.660.9151 firstname.lastname@example.org Annie Veneklasen 505.670.5202 7 Two Trails Road Loads of Possibilities! A great opportunity to buy a 3 br home, with den plus add’l studio/br - enough space to garden, tinker… Priced to allow updating. Convenient to El Gancho, Harry’s, Bobcat Bite. Chicken coop, greenhouse, garden, fruit trees, carport and a large storage/workroom. MLS #201204032 610 B Canyon Road $332,000 Traditional and inviting. Steps from Canyon Road with endless possibilities - gallery, residence, rental, or residence and studio. Quiet and private - integrity preserved. Zoned RC8-AC. MLS #201300276 255 Camino de La Sierra $1,000,000 1713 MontaÑo Intown lots or “to be built” modern passive solar homes, built to qualify for NM sustainable tax credit. Can be sold either way. Lush, secluded yet convenient setting. Homes are 3br, 2ba, 1450 sq ft.,with carport. MLS #201202124 $299,900 Lots are 9000 sq ft and ready to build on, all infrastructure in place. MLS #201300310 $59,900 855 Camino Francisca Lovely soft contemporary home just minutes from Downtown, privately-sited and offering views of Sun and Moon Mountains and city lights. Elegant and tastefully finished with gorgeous plaster walls, brick floors, large high ceilings, living room with a handsome Rumford style fireplace, a dramatic entry and interesting architectural details. Just what you’ve been looking for... bright and charming townhome close to the Plaza. This end-unit has been upgraded and boasts a large master bedroom suite, guest bedroom, office and a private courtyard. 2 Br, 2 Ba, 1-car garage, 1700 sq.ft. Price reduced! MLS #201205041 234 Camino de La Sierra $419,000 City, sunset and Sandia/Ortiz mountain views are just icing on the cake for this spacious, light-filled Valle del Sol townhouse. Upstairs master suite, custom Talavera tile accents, and a spacious porch. 3 Br, 2 Ba, 2-car garage, 2,200 sq.ft. Price reduced! MLS #201205304 $649,000 MLS #201005773 $525,000 1000 Paseo de Peralta, Santa Fe, New Mexico 87501 • 505.982.4466 • 800.374.2931 • SantaFeProperties.com 28 M arch 2 0 1 3 H O ME SANTA FE SantaFeProperties.com ® PROPERTIES Facebook.com/SantaFeProperties LuxuryPortfolio.com new Homes in la Pradera subdivison two builders to Choose From Community College distriCt City water – 50% oPen sPaCe Custom Pueblo-style Home Great floor plan situated on a 2.55 +/- acre corner lot in La Villa escondida, a community adjacent to Las Campanas. Perfect for indoor and outdoor entertaining with a large wraparound portal and open kitchen/family room. 3BR, 3BA, 2700 sq.ft. MLS #201205580 $639,500 modeL Homes oPeN saturday & suNday 12-3 uPPer Cerro gordo adobe Located off of upper Canyon Road. updated adobe-built beauty with lots of traditions. Situated on a 1+ acre lot with mountain views. Plastered walls, beamed ceilings, marble and hard wood floors, built-in bookcases, sandstone fireplace, kitchen with cherry wood cabinets. Spacious outdoor living areas landscaped with drip irrigation system. Huge portal with outdoor kitchen and fireplace. Comfortable south facing sunroom. 2 car garage/3 carport with large bays for RV storage. MLS #201205455 $639,500 4 estanCia Court 1661 Cerro gordo LA PRAdeRA is a newly created nature-conscious and uniquely designed community that cherishes the beauty of nature and protects its fragile resources. Set in a landscape of juniper studded hills and endless skies. A lovely meadow with native plants and wildflowers. Half of the land is reserved as open space, parks and trails. Come and view nature at its best. SuNFLOWeR MOdeL. Aptly named for its bright, sunny and open design, the Sunflower invites you to enjoy the best possible combination of private space and gathering places, inside and out. The gourmet kitchen serves at the hub of this extraordinary home, with the impressive living room and formal dining room. Two of the bedrooms and the 3 car garage are on one side of the home and the luxurious master suite on the other. (To be built) great CommeriCal oPPortunity Great commercial opportunity in the “Heart of espanola” Commercial district. This property consists of 3 buildings: 3850+/- sq.ft. main building with loft area and all utilities. Garage/warehouse building contains 1584+/- sq ft. 0.7 acre lot. $379,000 MLS #201102299 716-a nortH riverside drive beautiFully landsCaPed A beautiful home with an excellent floor plan that includes 3 full baths, 3 bedrooms. Featuring beautifully-landscaped outdoor living areas with drip irrigation system, separate formal living and dining area. Kitchen open to family and breakfast area. MLS #201300212 $289,500 6952 golden mesa desert Marigold Floor Plan - 1415 +/- sq.ft., 4 bedrooms, 2 baths. Kiva Fireplace, Carpet and Tile Flooring. 2 Car Garage. Barrel vault entrance into family room opens to kitchen and dining. Master Suite with large closet, full tub and separate shower. 2 Car Garage. Engery Efficient. Front Area Landscaped with drip Irrigation System. MLS #201205266 $255,000 28 bosqueCillo (Home to be Built) 41 bosqueCillo (Model Home Now Available) Apache Plume Floor Plan –1308 +/- sq.ft., 3 bedrooms, 2 baths. Kiva Fireplace, Carpet and Tile Flooring. Spacious Family room with raised ceiling. Open kitchen, dining and living area. Large Master Suite. 2 Car Garage. Energy Efficient. Front Area Landscaped. MLS #201204152 $239,900 investment oPPortunity in esPanola! Mixed use commercial building contains a medical office, which is approx. 2684 +/- sq.ft. with a 7 year lease in place with 5 remaining (and with increases). In addition, this property offers a 722+/- sq. ft. residential 1 bedroom, 1 bath apartment upstairs. Strong lease history. Call Listing Broker for info. do not disturb tenants, please call for a private showing MLS #201103936 $349,000 bond street desert Marigold Floor Plan - 1415 +/- sq.ft., 4 bedrooms, 2 baths. Kiva Fireplace, Carpet and Tile Flooring. 2 Car Garage. Barrel vault entrance into family room opens to kitchen and dining. Master Suite with large closet, full tub and separate shower. 2 Car Garage. Engery Efficient. Front Area Landscaped with drip Irrigation System. MLS #201204244 $255,000 44 bosqueCillo (Model Home Now Available) beautiFully uPdated Great updated 1530 sq.ft. home with oversized 436 sq.ft. garage. Completely walled and fenced yard. Home has some plaster walls and hardwood floors. Totally new kitchen, updated bath, updated windows and roof. MLS #201200894 $245,000 537 onate PlaCe evening Primrose Floor Plan – 1522 +/- sq.ft., 3 bedrooms, 2 baths. Kiva Fireplace, Carpet and Tile Flooring. Forced Air heating. Welcoming entrance with gracious curb appeal. Open Floor Plan. Master Suite separate from guest bedrooms. Front Area Landscaped with drip Irrigation System. 2 Car Garage. Energy Efficient. MLS #201204246 $259,900 33 Canto del Pajarito (Model Home Now Available) Custom built on large Corner lot This custom built home is located on a large corner lot. Open concept living. Wet plastered walls, kiva fireplace, high ceilings, some vigas & beams, tile in living areas and bathrooms. Granite countertops. MLS #201204196 $425,000 2 Calle amistosa Beautiful setting in the Pojoaque Valley to build your home. Lot ready for building permit. New 260 foot private well in place. Great restrictive covenants. Includes two (2) acre foot Water Rights. All utilities. Owner/Broker. Call agent for gate code. MLS #201000073 $149,500 Truly the top lot in The High Summit. 360 degrees of absolutely fabulous views of Santa Fe watershed, city lights of Santa Fe and Los Alamos. All city utilities. Just minutes to downtown. Owner/ Broker. Call agent for gate code. MLS #201002339 $489,500 New Price! 10 FraNcis LaNe land listings Lot 13 HigH summit - Price cHaNge! bob lee trujillo Direct: 984-7305 Cell: 470-0002 email@example.com renee brooks Direct: 984-7301 Cell: 470-1681 firstname.lastname@example.org H OME 1000 Paseo de Peralta, Santa Fe, New Mexico 87501 • 505.982.4466 • 800.374.2931 • SantaFeProperties.com Ma r c h 2 0 1 3 2 9 PROPERTIES SantaFeProperties.com Facebook.com/SantaFeProperties LuxuryPortfolio.com SANTA FE ® GiVe Me land lots of land UnderneatH tHe western sKY Fantastic Lots Available in the Summit Significant Discount Available for Multi Lot Purchase 1297 North Summit, Lot 76 - Nice lot in exclusive gated subdivision off of Hyde Park Road on the way to the Ski Basin. This easily buildable flat lot is nestled in the pine trees, and is close to the gate house. MLS # 201300340 $100,000 1293 North Summit, Lot 75 - Nice lot in exclusive gated subdivision off of Hyde Park Road on the way to the Ski Basin. This easily buildable flat lot is nestled in the pine trees, and is close to the gate house. This Seller owns a number of lots in North Summit and is willing to sell them at a discount for a package deal. MLS #201300344 $100,000 Val Brier 1408 Tesuque Creek Drive 82A - Own a lot in the beautiful North Summit for $150,000. This is a once-in-a-lifetime opportunity to build your Mountain dream home in the community of Santa Fe Summit. MLS #201005632 $150,000 1501 Bent Hill 60 - Fabulous value on a fully developed lot in the beautfiul North Summit. Near Ten Thousand Waves, on the way to the ski basin and minutes to downtown. Buildable area avails views of the ski basin. MLS #201005634 $155,000 1109 South Summit Ridge - Great opportunity to own a lot in the Summit! MLS #201205472 Superlative views of Santa Fe Sunsets, city lights and the ski basin. MLS #201202980 $350,000 $495,000 1237 South Summit, Lot 12 - If you have always wanted to build your house in the mountains this is the lot for you. Upper Canyon Road Lots email@example.com www.SantaFeSanctuaries.com 505.690.0553 1465 Upper Canyon Road - Verdant and luscious building site, recently subdivided .67 acre tract, nestled just above the Santa Fe river on Upper Canyon Road: prime Eastside Location! MLS # 201204149 $695,000 1467 Tr B-1&2 Upper Canyon Road - Lush river valley off of Upper Canyon Rd.with 646 feet of always running section of the Santa Fe River. Nature lovers will be delight in the peaceful and serene feeling of this river-front retreat. MLS #201202907 $1,575,000 Matthew Sargent CUSToM QUAiL RUN fAiRwAy HoMe the Quail Run golf course, this custom built, one-owner Pinon E condominium offers a combination of carefree living, Santa Fe style and mountain views. Other amenities include walled and landscaped front and rear yards. MLS #201204257 $865,000 3101 old Pecos Trail, #672 - With a superb setting on the first fairway of 3101 old Pecos Trail 698 - A light-filled Pinon C home on the Quail Run golf ARTfULLy ReNovATeD iN QUAiL RUN course has been transformed into sophisticated and inviting living spaces. The floor plan offers a warm-toned entry with art space, a spacious living room with lofty ceilings, corner fireplace and access to a sunny south-facing patio and lush garden. MLS #201200462 $615,000 firstname.lastname@example.org www.MatthewSargent.com Direct: 984-7393 Cell: 490-1718 4 Senda Mescal - Privately placed on a 2.5 acre view lot, this former 2536 sq. ft. 24 Calle encanto - eNeRgy effiCieNT Perfectly placed on a very private 5.7 acre lot in Los “Parade of Homes” residence includes state-of-the-art active solar system that provides Caminitos, this home and detached guest house combines style, sophisticated living hot water for all domestic uses, radiant heat. that blends harmoniously with the surrounding desert landscape. MLS #201103261 $539,000 MLS #201203292 $935,000 LoS CAMiNiToS CoNTeMPoRARy 1000 Paseo de Peralta, Santa Fe, New Mexico 87501 • 505.982.4466 • 800.374.2931 • SantaFeProperties.com 30 March 2013 HOME SANTA FE SantaFeProperties.com ® PROPERTIES Facebook.com/SantaFeProperties LuxuryPortfolio.com Beautiful Valle Del Sol townhome Beautiful home with gorgeous views of all mountain ranges and many decks from which to view them. Close in just minutes to town. Updated, oversized kitchen with newer appliances. Upstairs master with views. 2200 sq.ft. mlS #201204608 $545,000 266 el Duane loVely home in priVate compounD Absolutely great opportunity to own a lovely home in a private compound just steps from Canyon Road in the Historic Eastside. Wonderful estate-type feel with privacy and solitude. Rare find! 2300 sq.ft., 1/3 acre. mlS #201204607 $599,000 450 camino Don miguel NEW LISTING aNTIdOTE TO cIvILIzaTION Linda Murphy email@example.com www.lindamurphy.com 505.780.7711 faBulouS 10+ acre lot in town! Fantastic opportunity to own 10+acres walking distance to town in the Northeast Foothills off Valley Drive. Perfect for private estate or family compound or for development. mlS #201200672 $699,500 lacy a Vallecita r-1 aBSolutely magical compounD that will make your heart Sing! 34 Sendero de corazon - One of the finest properties in Santa Fe with perfect northern New Mexican styling including a three-bedroom, two-bath main house plus two detached, private two-bedroom guesthouses - plus caretakers quarters - all on 40 acres. mlS #201300413 $1,795,000 505.470.6909 mysantaferealestate.com Outstanding Santa Fe riverfront tract with established cashflow and remarkable development potential. Three casitas are clustered tightly along alto Street, very cute rentals that total 2138 sq.ft. (heated) each with a private courtyard. Two adjoining lots totaling 12,237 sq.ft. on two levels, with the houses on the higher alto Street level. Lower lot is a flat 7400 sq.ft. coyote fenced open space, perfect for development. zoning is Rac with RM-1 density and a maximum of 70% lot coverage. mls #201203218 $1,050,000 601 AlTO STREET Ed REid 505.577.6259 | firstname.lastname@example.org 1000 Paseo de Peralta, Santa Fe, New Mexico 87501 • 505.982.4466 • 800.374.2931 • SantaFeProperties.com H OME Ma r c h 2 0 1 3 3 1 days on market and percent of asking price moving upward.” Twelve of the 18 Santa Fe MLS areas saw an increase in sales during the fourth quarter. Local market updates show that homes in the south and northwest areas of the city, and along the Old Las Vegas Highway and in Eldorado “are selling faster than other regions and that the overall stock of housing inventory continues to decrease,” Murphy said. But sales remained depressed in Glorieta, Pecos, Los Alamos, Pojoaque, Española, La Cienega, and the N.M. 14 corridor, including Los Cerrillos and Madrid. MaryJoy Ford, Sotheby’s International Realty, released a 2012 Year in Review paper. “During the 4th quarter of 2012, we saw a slight uptick in the market — a trend we hope to see continue throughout the 1st quarter of 2013 and beyond,” she writes. “Sales prices in all categories averaged 95.63 percent of the asking price during the final quarter of 2012. For sales of homes over $1M the ratio was 92.3 percent.” Ford’s data shows 231 land sales last year, the highest number since 2008. Haber said she’s had more activity in the past three months than during the previous year. “I started working as a Realtor in 1993 Market improves A By Paul Weideman dramatic, and long-awaited, reduction in the inventory of available homes is the most important factor coming out of an analysis of Santa Fe’s real-estate market at the end of 2012. The number of houses on the market was down almost 47 percent, from 2,272 at the end of 2011 to 1,212 in December 2012. That’s just a 10-month supply of homes, down from nearly a two-year supply a year ago. “Inventory is down, and I think there are buyers out there with a lot of pent-up energy,” said Meredith Haber of Keller Williams Realty Santa Fe. “I think prices have stablized. Also, inventory is down because people who didn’t have to sell their properties took them off the market until things have improved. “There are a lot of people looking to buy who aren’t interested in the same old same old, so that’s where spec houses may do well now. I think there’s a big need for properties in the $500,000 to $700,000 range.” Most other market indicators showed improvement over the situation a year ago. Home sales were up by more than 20 percent, from 1,350 in 2011 to 1,626 last year. The median home price in the combined city/county area climbed nearly 6 percent from fourth-quarter 2011 to the same period in 2012. In an early February press release, Santa Fe Association of Realtors president Victoria Murphy said, “Our data shows that housing affordability remains at record highs looking back over the last eight years. The market remains strong as we head into 2013, with housing data showing fewer Home sales, Trends in home prices trends sales, prices $900K $525K $150K 2004 2005 2006 2008 2010 2012 median price $900K $525K $150K COUNTY NORTH 650 450 250 50 COuNTY NORTHWEST 650 450 250 50 2004 2006 2008 2010 2012 median price homes sold homes sold $900K $525K CITY NORTHEAST 650 450 250 $900K $525K $150K CITY NORTHWEST 650 450 250 50 $150K 2004 2006 2008 2010 2012 median price 50 homes sold er Riv Fe a t San $900K $525K $150K 2004 2006 2008 2010 2012 median price $900K $525K 650 450 250 50 homes sold CITY SOUTHEAST Drive median price homes sold St. Francis CITY SOUTHWEST I-2 $900K $525K $150K COUNTY SOUTHWEST 2004 5 2006 2008 2010 2012 650 450 250 $150K 2004 2006 2008 2010 2012 median price 50 homes sold $900K $525K $150K COUNTY SOUTHEAST 650 450 250 50 2004 2006 2008 2010 2012 homes sold 650 450 250 50 $900K $525K $150K 2004 2006 2008 median price ELDORADO 650 450 250 50 2003 2007 2009 2011 median price homes sold 2010 2012 median price homes sold Graphs based on data from the santa fe association of realtors 32 M ar c h 20 1 3 HOME 500 county 16 % 14 12 10 8 400 300 200 100 city History, 30-year interest rate Building permits issued 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 6 4 2009 1981 1983 1985 1987 1989 1991 1993 1995 1997 1999 2001 2003 2005 2007 2011 2.14.13 33 Data source: city of santa fe anD santa fe county LanD use Departments Data source: 30-year mortgage rates (annual averages) from feDeral Home loan mortgage corporation (freDDie mac) and then in 1994 we had a downturn. But it was nothing like we’ve just experienced.” Does she think Santa Fe may get back to the activity level and home-appreciation rates experienced in the early 2000s? “I think it will take some time, but I’m optimistic that Santa Fe is a really unique market,” Haber responded. “It’s a destination. It’s a small place and there’s a finite number of properties available. I think we’re going to be OK.” The national recession that began with the subprime mortgage crisis and was worsened with the failures of AIG and Lehman Brothers in September 2008 will likely leave a legacy of caution, even as the economy gets fully back on track. The banks’ reaction toward conservatism will be slow to change, but Haber said that doesn’t mean nobody can get a home loan. “I’ve had some cash transactions, but I’ve had other clients who have been successful getting mortgages. It is do-able.” On that legacy factor, David Dougherty, Dougherty Real Estate Co., said the banks will not soon be as “loose” as they were in the mid-2000s. “And you won’t necessarily see the large-scale developments. I don’t think we’ll see another Las Campanas for a long time.” Dougherty, who has worked in real estate for more than 30 years, started out 2013 feeling on the “warm and fuzzy” side about what the year will bring, although he said there are still some clouds in the sky. “My statistics show that last year the average price of a single-family home in the city came down 13.65 percent but the sold volume went up, the implication being that as prices come down there are more buyers. All that bodes well for home prices because limited supply and increased demand would imply increasing prices,” he said, but added, “I do think the supply of good, nicely maintained homes is shrinking.” So to that, and to the fact that the supply of homes has finally diminished, will local builders respond? “I would think so, and the lag time is substantial,” Dougherty said. “Someone wanting to fire up a project right away, it’s going to take six months to a year or more. “Another important factor is that our feeder markets outside of Santa Fe [including Texas, California, New York, and Illinois] seem to be doing better than we are, so that will mean people coming here with a little more money in their pockets and being able to bid more for a house.” Dougherty believes the market and appreciation will come back, “but I hope not to what we had in 2005-2007. That was unhealthy. “The other warm and fuzzy thing of course is the mortgage rates. No matter how you slice and dice it, they’re incredible. You can get a 15-year mortgage now, as long as you’re putting a fair amount down, for less than 3 percent.” After five difficult, lopsided years, is Santa Fe getting back to the seller’s market? “Not yet,” Dougherty said. “Price is still the determining factor.” Another perspective on the scene shows up in Alan Ball’s Real Estate Blog: “Home inventory counts keep dropping which puts the market closer and closer to balance. Balance is usually good for everyone, or at least equal to all. We have seen heavy seller markets and heavy buyer markets in the last 10 years. They are just different in who they benefit, but a balanced market is a good thing for all concerned.” Santa Fe 2012 home-sale stats DETACHED SINGLE-FAMILY HOMES City northeast City northwest City southeast City southwest City total County north (Tesuque, Pojoaque) County northwest County southeast (including Eldorado) Eldorado County southwest County total City/county total 1st quarter 2012 Homes sold/ median price 2nd quarter 2012 Homes sold/ median price 3rd quarter 2012 Homes sold/ median price 4th quarter 2012 Homes sold/ median price 24 $644,843 16 $442,500 31 $575,000 61 $195,700 132 $290,000 13 $695,000 27 $750,000 47 $350,000 25 $298,000 30 $270,829 117 $385,000 249 $352,500 63 $190,500 2 $240,000 0 — 65 $191,600 24 $642,500 15 $324,000 45 $440,000 95 $209,000 179 $287,500 10 $572,500 49 $670,000 59 $355,000 27 $300,000 39 $275,000 157 $398,500 336 $334,450 69 $240,000 4 $450,000 1 $195,000 74 $245,000 36 $656,750 19 $410,000 30 $511,000 114 $208,500 199 $265,000 17 $411,565 45 $690,000 56 $353,000 29 $299,000 27 $252,800 145 $405,000 344 $328,125 96 $270,000 6 $451,000 4 $212,250 106 $265,000 29 $579,000 13 $319,900 42 $535,000 93 $195,000 177 $280,000 11 $545,000 42 $675,000 73 $381,500 44 $338,425 34 $319,725 160 $432,500 337 $370,000 85 $262,000 6 $353,300 4 $216,000 95 $260,000 CONDOMINIUMS/TOWNHOMES City County north County south Total (includes Los Alamos, Espanola) DUPLEX/X-PLEX City & County 3 $275,000 2 $277,500 5 $230,000 1 $252,500 MOBILE HOMES City & County Data source: 9 $140,000 oF 2 $201,500 2 $112,425 2 $114,000 santa Fe association realtors. H OME Ma r c h 2 0 1 3 View the New Renaissance BarkerRealty THE LOCAL’S CHOICE VILLAS di TOSCANA NEW Construction from the $300,000’s google® TOSCANA Michael Umphrey | 505.470.4180 | email@example.com Office: 505.455.8685 530 S. Guadalupe St. Santa Fe, NM 87501 SantaFeRealEstate.com VillasDiToscana.com ~ 34 M arch 2 0 1 3 H O ME ~ SocialNetworking Shopping for homes on Facebook? Today, whether you are an entrepreneur or small business owner or CEO of a global 100 company, you are still probably seeing social-media sites like Twitter and Facebook as free venues for marketing your products or services. Anyone in business is always looking for a way to maximize their revenue and a social networking strategy is now part of every business plan. When over two-thirds of the people on the internet are using social networks, it is equally important for anyone in any kind of business to understand social networking as more than a marketing medium. It is a powerful communication tool. In 2012, social networking surpassed email and we all know what email did to U.S. Postal Service revenues. In February, the Pew Research Center reported “The Demographics of Social Media Users 2012” findings, showing that two-thirds of all online adults are using Facebook and the percentage of Twitter users has doubled since 2010. Our online world is more about how we are communicating with each other about virtually everything rather than the technology. We use the internet differently by reaching out to our social spheres. We do this faster with mobile phones and tablets. Word-of-mouth can travel around the globe in a nanosecond. For example, think about how you used to buy a car or purchase a home three years ago. You might go to the car dealership or call a Realtor. Your research would be to browse some websites. You might call your friends to ask who they recommend to help you. Today, you will most likely ask your friends and their friends on Facebook for advice. You will read comments on blogs, real estate sites, car dealer Facebook pages and search to see what people are saying on Twitter in real time. Buyers today are more informed than anyone ever imagined. Information is more transparent and available than at any time in any marketplace. If you are a buyer, you can most likely find as much information as the seller has on the product, home or service. At the same time, you have the opportunity to talk about your experience to your social sphere. The internet and social networking have given you the leverage of information and a social sphere of experience to help. When you are looking for someone you like and trust, your social networks are a new resource in your buying process. When information access has shifted towards parity, how people buy and sell anything in the marketplace changes, too. However, most sellers and sales professionals are not aware of this shift. It is time to pay more attention to what buyers are doing before they buy anything. It is no longer possible to misrepresent, overprice or even ignore customer service. Anyone using a mobile device can access car prices, home pictures or any product information as quickly as any professional. CarMax has changed how people buy and sell cars. Realtor.com, Trulia.com EMILY MED V EC and Zillow.com are letting people search for homes anywhere. Now imagine them talking about their experience. Welcome to the level playing field of consumer power. See you next online. Emily Medvec is an associate broker with Santa Fe Properties. Her passion is how social networking changes how we communicate. Follow her on Twitter @emilymedvec. Call her at 505-660-4541 to buy and sell real estate. Yourmoney’sWorth Opportunities? Sell and move up! MSN Money recently released its 50 Stocks to Buy. Of the 50, 26 of were real estate-oriented. If ever the writing was on the wall, it certainly is now: Buy Real Estate! Even Warren Buffet has formed a new venture devoted solely to real estate. Compare the return on investment from 2000 to the end of 2012: the Dow was up 18.3 percent, the S&P up 0.5 percent, NASDAQ down 24.9 percent and Santa Fe real estate up 72.09 percent. The stock markets are near their all-time highs and real estate is coming off its worst correction in history. New York real estate mogul Barbara Corcoran, a regular on ABC’s Shark Tank, says, “Right now, if you are upgrading to a bigger house, even if you’re selling at 10 percent off, you buy your new house at 10 percent off. Price appreciation is going to go much higher than people anticipate.” Now is the time to sell your home and BUY UP. Buy a larger home which could have the opportunity of appreciating more than the lower-priced home you sell. “Santa Fe’s real estate market is showing positive signs of recovery,” said Emily Medvec of Santa Fe Properties. “Buyers for vacation homes or rental investments have discovered Santa Fe real estate has upside potential. Buyers looking for bankowned deals are finding bidding wars. Buyers searching for move-up homes see low inventory. If you have credit scores and a down payment to get a mortgage, or cash to buy, now is the time.” “Why buy now?” I asked Gregg Antonsen, qualifying broker at Sotheby’s International Realty. His reply: “Affordability is better than ever. According to NAR’s housing affordability index, which is the measure of the relationship between home prices, mortgage interest and family income, homes are more affordable now than at any other point since the group started the index in 1970. In Santa Fe we still are experiencing a buyer’s market and those who wish to own or buy up will rarely ever see better bargains. “Mortgage rates are at historic lows. It is not just the price of a home that affects affordability. Mortgage rates also directly affect monthly payments. Mortgage rates are some of the lowest on record. If inflation eventually picks up, and it will, you may not see these rates again in your lifetime. Speaking of inflation, home ownership offers some inflation protection. Studies by Karl Case (of Case-Shiller) suggest that over the long-term, housing has tended to beat inflation by a couple of percentage points annually. That’s valuable inflation insurance, especially if you are raising a family and looking ahead 20 years or so.” Mark Banham of Barker Realty weighed in, “We believe the bottom hit in 2012, interest rates are projected to edge up this year and days on market have decreased significantly due to the lowest level of inventory since 2007. Buyers must be prequalified and ready to jump when a new property comes on the market. There is still a small window of opportunity for buyers wanting to take advantage of these FR A N C IS PH ILLIPS favorable conditions.” Is the writing on the wall? The stats point to real estate. Make your move while rates are low and be positioned for recovery for the years ahead. Francis Phillips (FPhillips@fcbmtg.com) is senior mortgage loan originator with First Choice Loan Services in Santa Fe. He has served as director of business development for national mortgage companies. He and his mortgage partners have funded and built three homes for Santa Fe Habitat for Humanity. H OME Ma r c h 2 0 1 3 35 A delightful spec house on East Alameda Story by Paul Weideman Photos by Jane Phillips unless noted otherwise This is the first of four units being built in the new Compound at La Joya Escondida located off the dirt section of East Alameda Street, between Canyon Road and the Santa Fe River. Builder/designer Philip Alarid said he wants to do at least one unique feature on each house. The central standout feature here is the long barrel-vault, lined with travertine tiles, over the kitchen and dining room. “It opens up the space and we have LED lighting hidden along the long lower edges on both sides of the vault, which gives you a lot of light for very little cost,” Alarid said. The native Santa Fean has Kiva Homes LLC with partners Mike and Lynnette Mallory. The spec house, just completed in December, is being advertised as “the perfect Eastside pied-a-terre.” It’s 1,745 square feet with two bedrooms and two bathrooms, walls of hand-troweled plaster and floors of engineered white oak. Sustainability is a priority for Alarid. “I was able to get this house to the gold-level green standard. The HERS rating is 58, and you get a tax credit whenever you’re below 60.” Among the green features are exterior walls framed with 10-inch lumber to maximize insulation and a high-efficiency tankless hot-water system. The built-in wifi music system is controllable by means of the owner’s smart phone. The living room, warmed in the wintertime by a kiva fireplace, sports an entire wall of glass — french doors with sidelights and transoms — outside is a flagstone-paved patio with banco seating around a large fireplace. The living room boasts a carved feature beam, an architectural antique from India, purchased at Seret and Sons, as were several of the doors in the house. The living-room ceiling beams are ponderosa pine salvaged from the 2001 Cerro Grande Fire. 36 March 2013 HOME Courtesy Meleah Artley More rich wood shows in the mesquite-topped pony wall between the foyer and the dining room, and the slab of wire-brushed New Mexico pine on the big, curved ledge at the kitchen entrance. The kitchen is outfitted with Silestone-quartz countertops; a backsplash strip of decoratively painted concrete tiles from the Dominican Republic, which Alarid found at Statements; and a fine array of cabinets purchased from Joan Viele at Kitchen Dimensions. The main hallway turns turns left under a decorative ceiling groin vault and at the end is a wall with a nine-foot-tall trompe l’oeil mural by Mark Balenovic and Andromeda. It depicts a window open to a Tuscan country scene, and a broom leaning against the wall, all within an arched limestone frame. With the ceiling vaults and a few arched windows, Alarid had a European/New Mexico hybrid style in mind. New York’s Plaza Hotel also figures in, a reference the builder was aiming for in the master bathroom and its twin basins under twin tall, oval mirrors and special, old-fashioned light fixtures and faucets. The master bath has travertine floors with a dual radiant heat system, as well as a great tub and a walk-in shower with wood bench. In the second bedroom, the closet doors are cleverly disguised as a set of wood shelves. This is the house’s west-side, the sunniest room in the summer, and the house’s zoned air conditioning can be turned on to cool this room only. There are stylish lighting fixtures throughout, including in the fully finished and heated garage. Under an exposed lintel and a line of latillas, the wooden garage doors with strap hinges open (electrically) in carriage style. The property, 616 E. Alameda, Unit G, is listed by Gary Hall and Meleah Artley, Barker Realty, for $979,000. H OME Ma r c h 2 0 1 3 37 205 Delgado St., Santa Fe, NM 87501 (505)982-0118 Email: firstname.lastname@example.org • www.karenwalkerrealestate.com EW L T IS IN G KAREN WALKER REAL ESTATE LTD. CO. Locally Owned & Operated Since 1975 N T N IE N N O VE TI N CA O C LO 1045 1/2 CAMINO SAN ACACIO Eastside Treasure! 3 br, 3 1/2 ba, 5 FP. Large walled patio with mountain views. Detached guesthouse. MLS #101300197 Karen Walker 670-2909 $798,500 104 MATEO CIRCLE NORTH 3 br/study, 4 ba, 2817 sq. ft., .5 acres. Newly painted, hardwood floors, AC, 2 car garage. MLS#201203661 Patrick 670-4640 $439,500 H RT O IDE N S 209 DELGADO Opportunity for a Subdivision or a Family Compound. Between Santa Fe River and Canyon Rd. 3 Buildings exist. Lots of open land. Zoned Residential Compound (8 units per acre.) MLS #201205306. Karen 670-2909 $1,495,000 325 CALLE LOMA NORTE 1568 Sq. Ft. 2 bd, 2 full ba, fireplace, 2-car attached garage. Walk-in closets MLS #201204327 Karen 670-2909 $419,500 KAREN WALKER 670-2909 • TONY ROUSSELOT 690-6666 • JIM WALKER 699-9210 JANET ROUSSELOT 946-7161 • PATRICK WALKER 670-4640 • FREDDIE SUE GATEWOOD 410-6400 resIdentIaL CoMMerCIaL MonuMents ranCHes Is MoIsture InvadIng Your HoMe? Thinking Like Water | Ed Crocker Moisture problems originating below the surface and affecting the base of walls are among the most common problems we encounter in Santa Fe homes. Even in newer homes, waterproofing materials may have been applied incorrectly or missing altogether. THE WARNING SIGNS n n n n n n Damp walls Musty smell Peeling, blistering, or cracking paint or stucco White deposits on surfaces (efflorescence) Crusty, powdery, chipping concrete or masonry Separation of plaster from walls Evidence of wood rot or decay Adding to the dangers is that as years of dirt and debris gather at wall bases, the grade around buildings gradually changes. Instead of water draining away, buildings are left in a crater, surrounded by a moat. Some of the more popular “high-tech” solutions we have developed for retarding the flow of moisture into wall bases rely upon a variety of synthetic materials known generically as “geo-drains.” When used correctly, these porous fabrics are used to trap water and carry it away. There is no limit to how these materials can be used; it only takes thinking like water to concoct them. For example, in the shallow, tight soils typical of canyon areas around Santa Fe, moisture is retained almost indefinitely, and a system must be designed to carry the water offsite. A 16” deep trench is dug along the base of the wall; geodrain material is laid facing away from the wall, with its edge inserted into a continuously slotted 4” PVC pipe. Trapped water drains into the pipe, which is sloped to drain to daylight or into a deep, gravel-filled drywell. Key to this system is positive site drainage, meaning that the trench is backfilled and compacted with clean, screened earth sloping away from the walls. This is just one example of the many different systems we have designed—each unique to the site’s particular conditions. In each case, common and inexpensive materials were manipulated to accommodate specific problems. n 505/982.2448 email@example.com www.crockerltd.net 38 M arch 2 0 1 3 H O ME n Call today for a free onsite evaluation. PermacultureinPractice Mulching? There’s an app for that Last summer, we released a roofwater calculator at www.permadesign.com. Now, we’ve just unveiled our new “mulch estimator.” The former calculates the average annual precipitation that lands on your roof, road, parking lot, sidewalk, patio, garden bed, or field. The latter estimates how many yards of mulch you will need for your next mulching project. Imagine… all this without having to get off your butt to find the tape measure. To use the new tool, just go to www. permadesign.com and click on “TOOLS” and then hit “NEW Mulch Estimator.” Enter your address, zoom in, and use your mouse to make polygons on your property. Each polygon describes an area, and instantly an estimate (based on a three-inch depth of mulch) appears at the bottom of your screen. What’s the best mulching material for an arid land? Pre-Columbian New Mexicans survived here for centuries using river rock for mulch. These easily accessible cobbles are great for shading the soil and protecting seeds from winds, birds, and other forces of nature. Equally important is that rocks harvest water out of our thin, high-desert air. They soak up heat during the day and release it at night, and this convection process creates moisture. Remember the last time you picked up a stone from the earth? Most likely it was damp underneath. All mulches have five basic functions. First, they retain moisture (mostly from precipitation events). Second, they protect soils and root zones from high winds. Third, they insulate the soil from extreme temperatures. Fourth, they reflect and absorb light. Fifth, mulches increase the nutrient value of soils by creating microbial habitat. River-rock mulch, however, is not right for some modern sensibilities. Here’s a list of more-common mulches: straw, crusher fines, gravel, shredded bark, bark chips, pecan shells, compost, wood chips, and (free) shredded organic material from the transfer station. My favorite mulch is straw. It comes in convenient packages. It’s light, and it slowly adds organic material to the soil. Straw is great at retaining moisture (as long as you don’t lay it down too thickly). It may look a little too bright and yellow at first, but give dead grass a little time in the sun, and it will turn brown like the color of the neighboring earth. Beneficial mycelium also thrive near straw, and there are few things better for your soil than mycelium. Another great mulch is called “crusher fines,” which are tiny pieces of rock left over from the gravel-crushing process. They’re tan and look as natural as the mesa herself. Since the particles of crusher fines are heavier and drain better than hard-packed caliche, crusher fines also won’t erode nearly as much as our native soils. Both straw and crusher fines can be good weed barriers, too, but they’re not perfect at preventing all weeds, so beware. Questions? Feel free to ask by finding me at my next public talk on the subject N ATE D O WN EY (at Untied Church of Christ on Sunday, March 17) or simply use my contact info below. Nate Downey is the author of Harvest the Rain (Sunstone Press, 2010) and has been the “Permaculture in Practice” columnist in this magazine for 15 years. He’s been designing local landscapes since 1992 and can be reached at firstname.lastname@example.org or 505-690-7939. OurwaterQuality Uranium in local water is natural The presence of uranium in aquifers in the Santa Fe area is documented by independent laboratory testing commissioned by private well owners and by free testing done during several water fairs. Most wells in the area contain detectable uranium and the level in many exceeds the drinking-water standard of 30 parts per billion (ppb). Well owners have expressed concerns and a study conducted in Nambé, as well as lab testing of samples from Española, document uranium “uptake” in garden vegetables irrigated with uranium-rich water. Is the uranium found in local groundwater naturally-occurring, a product of the chemical and mechanical breakdown of uranium-bearing rocks? Or is it the result of nuclear weapon production at Los Alamos National Laboratory (LANL)? A regional uranium isotope testing program, funded in part by the New Mexico Small Business Assistance Program and the NM Environment Department (NMED), was recently conducted to address this question. The industry standard for determining the origin of uranium, whether natural or a product of nuclear fission to produce U-236, is to determine the uranium isotope composition of untreated water samples and compare the results obtained to standard isotopic ratios established in radionuclide research and published in the literature. The laboratory instrumentation used to determine uranium isotopes is known as thermal ionization mass spectrometry (TIMS). For the purposes of this regional uranium isotope study, raw water samples were collected from 13 private wells between Old Santa Fe Trail and Santa Cruz. The samples were collected this past October by representatives from NMED, LANL, and the Good Water Company. Other participants in this study included Indepth Water Testing and Environmental Geochemistry LLC. Water temperature, pH and redox conditions (oxidation-reduction potential) parameters were measured at the time of sample collection. In addition, stabilized specific conductivity measurements were taken to ascertain that the samples were coming from the aquifer and not from wellbore storage. The TIMS analyses were completed in late December. In addition to the total uranium values derived during TIMS testing, total uranium values were also measured using mass spectrometry at the Scientific Laboratory Division, New Mexico’s state reference laboratory. Total uranium concentrations within the sample set ranged from 9 to 776ppb and seven of the 13 samples exceeded the drinking water standard. The critical parameter for determining the origin (natural or anthropogenic) of uranium in water is the isotopic ratio U-238:U-235 as determined by TIMS. The ratio of U-236:U-238 is an indicator of nuclear activities and an anthropogenic origin of the uranium, as U-236 does not occur in the environment. There was no detectable U-236 present in any of the samples analyzed, and because the U238:U-235 isotopic ratio in all samples is, within analytical uncertainty, consistent with the accepted reference standard for environmental uranium, it is concluded STEPH EN WIMA N that the uranium in the water samples tested in this study is consistent with a natural, geologic origin and is unrelated to nuclear weapon production at LANL. The results replicate the findings from an NMED uranium isotope study conducted in 1995. Stephen Wiman has a background in earth science (Ph.D. in geology) and is the owner of Good Water Company and a member of the Santa Fe Water Conservation Committee. He may be reached at 505-471-9036 and email@example.com. H OME Ma r c h 2 0 1 3 39 NewsfromSFAR On owner utilities, maintenance... What is the real cost of homeownership? There are those one-time expenses, such as appliances, furniture and remodeling. Will the appliances need upgrading either now or in the near future? Don’t forget to check out the water heater, along with the heating, ventilation and air-conditioning systems. How about furniture? Moving from a one-bedroom apartment to a threebedroom house often means that you will need more furniture. Evaluate furniture needs and costs for your new home. Before purchasing a home that needs remodeling, ask a contractor to give you an estimate. It’s usually the ongoing expenses that surprise first-time homeowners. Principle, interest, taxes, and insurance (PITI) If you have a fixed-rate mortgage, the payment will remain the same for the life of the loan. Taxes and insurance may increase. Homeowner association fees Fees or assessments for a condo, townhouse or single-family home with an association can increase yearly. Compare fees of similar properties line-by-line. Check what the fee includes; for example gas, electricity, garbage pickup, and water. Watch out for special assessments for capital repairs and improvements to common areas. Exterior maintenance Replacing the roof, painting the siding or trim, repairing stucco, sealing the driveway, sealing the deck, gutter cleaning or repair, septic system and well maintenance, and window replacements are just some of the additional exterior maintenance costs in owning a home. Some jobs you can do yourself, but others require professionals. Don’t forget the tools that go along with home maintenance: power washers, compressors, heavy-duty ladders, and power tools. Interior maintenance If you’ve been renting, your landlord probably picked up the tab for repairs and general maintenance. Once you own your home, you’ll be footing the bill. You will need to maintain appliances, plumbing and electrical systems, carpets, floor and wall coverings, and so on. Utilities If you are renting, you’re probably used to budgeting for utilities. But the cost of heating an apartment can pale in comparison with the bills for an entire house. A Realtor can help you find out about the current occupant’s costs, but family size and usage will impact those numbers. Transportation Costs Don’t forget to calculate transportation costs whether by public transportation or your own vehicle. Be sure to budget for gas, oil, insurance, tires, and regular maintenance. Will you need to purchase another car to take care of all of the family’s transportation needs? PA C O A R G U ELLO Home ownership is important to families and our local economy. Across the country, families are benefiting from federal programs that help not just homeowners, but also their loved ones and communities. And right now, Realtors are working hard to protect these programs in an effort to make ownership more affordable for more Americans every day. Paco Arguello is chief executive of the Santa Fe Association of Realtors. Contact him at 982-8385 or firstname.lastname@example.org. WaterenergyNexus Getting used to the new normal Those of you who have been paying attention to our rainfall over the last few years know that it has not been normal. The monsoons have been later and lighter and as has been our winter precipitation, for the most part. Although I appreciated getting my vegetables in the ground earlier this year, they required much more watering than normal. Regardless of whether you want to call it climate change or just a local weather pattern, the weather is changing. To illustrate this point, I went back over the past decade and pulled the records of our annual precipitation. I noted the average as the midline and then plotted the actual above and below that. Normally our annual rainfall comes in a bit above or below our average of 13.55 inches, but the last eight out of 13 years we have witnessed a steady drying trend. The average over the past decade is about 0.5 inches below our long-term average. Those bygone years of 14- and 15-inch rains would be really great now, given that 2012 was a very dry year and hopefully not the start of another 2000like, five-year-long, below-normal event. 40 M ar c h 20 1 3 HOME Outside irrigation is the water use most directly affected by diminishing rains. When less water falls from the sky we must increase outside watering of plants. This means we can either A) pay more monthly to keep our existing landscapes or B) adjust our landscapes for a new, drier normal. While option A may seem a viable solution, it is short-term at best. As the climate becomes drier, water prices will increase even more (due to more pumping, more processing, and buying up more water rights at ever-increasing amounts). Given the expense of our local water, I highly recommend the latter alternative. Just like a dripping faucet, it will not fix itself and will cost more and become more annoying over time. There are a myriad of local landscape professionals who can discuss with you how to landscape properly for drier climates, thus allowing you D O U G PU SH A R D to change over time, and save both money and water. Conserving water will save you money while also positively impacting the environment. As a friend recently mentioned, “Live simply, so others may simply live.” Doug Pushard, founder of the website www.HarvestH2o.com, has designed and installed residential rainwater systems for over a decade. He is a member of the Santa Fe Water Conservation Committee, a lifetime member of the American Rainwater Catchment Systems Association, and an EPA WaterSense Partner. He can be reached at doug@HarvestH2o.com. H OME Ma r c h 2 0 1 3 4 1 Clemens awarded by houzz.com By Paul Weideman n January, Clemens & Associates, Inc., was notified it had won a “Best Of Remodeling” award from Houzz, on online database of photographs showcasing work by building, remodeling and design professionals. The firm was chosen by the more than 11 million monthly users that comprise the Houzz community – the “Houzzers” who saved more than 124 million images of home interiors and exteriors to their personal ideabooks via the Houzz site, iPad/iPhone app and Android app. “Houzz has gotten to be a huge website that’s an idea resource for people,” said the awarded company’s principal, landscape architect Catherine Clemens. “They get images by having design professionals submit projects. I didn’t submit anything for the award. I just received notice that our portfolio was voted most popular by the Houzz committee.” Clemens said the portfolio showed projects she has done during the past 10 years. Clemens & Associates has been in business in Santa Fe since 1980. Her office is in the Lofts at Marquez Place; in fact Clemens was the first to move in when the lofts project was completed in 2004. Houzz, headquartered in Palo Alto, Calif., is designed to provide inspiration, information, advice and support for homeowners and home improvement professionals through its website and mobile applications. At the top of the houzz.com home page: “Create an Ideabook for your next remodeling project! Browse more than 1,000,000 photos from top designers and save your favorites.” It’s easy and fun to set up an online ideabook at Houzz, and to click on photos as you browse to add them to your ideabook, with a comment on why you like something in the photo. Looking through the wealth of photos is, on one level, a design-rich exercise in mousing or touchpadding, rather than turning pages in actual magazines like Dwell, Martha Stewart Living, Metropolitan Home, and Elle Decor. “It’s a very interative site,” Clemens said. “People visit and put your photos in their ideabooks. I’ll get an email once in a while saying that someone likes our work or asking where we got that or what color was that, what was your source on that. The site is mammoth, but it’s extremely wellorganized. It’s similar to Pinterest [which bills itself as “a tool for collecting and organizing things you love,” and also functions as a tool for seeing what other people love]. And it’s similar to what we do, tearing out pages from shelter magazines, collecting ideas.” So is Houzz just fun, or is it something that may actually generate clients for the professionals who are using it? In the past several years, many design and building firms have trimmed staff and perhaps have less time than ever for speculative ventures on the internet. “That’s a big question a lot of us have, whether social media is really a marketing vehicle,” Clemens said. “To me, web shopping is so huge now and you don’t have the professional input. It’s not like going to Leishman’s and working with a real person and actually seeing the recliners and other furniture. 42 M ar c h 20 1 3 HOME “But there is a Houzz badge you can then put on your website. [Clemens now has a “Best of Houzz 2013” badge at the bottom of her home page.] And when people hit that, it takes you to the Clemens page at Houzz. Until I get to updating our site, that really helps. We got a client the other day who had seen our trucks and saw us on Houzz. My daughter, Elizabeth Clemens, entered all the stuff into Houzz for us.” Business has been a mite slow, but Clemens looks forward to a good year. “As the economy settles out, people still want to do good landscaping. My architect and builder friends have got more projects going, so I know the work that’s related to new homes is coming.” During the past year, her company did some patio lighting for the Inn and Spa at Loretto, but was also involved in more renovation jobs than usual — including some interior work. “I’m a landscape architect and also a contractor. I’m working with someone now on plaster and flooring and lighting for a porch, and we designed and built a guest house. Our work is very architectural and I love working with fabrics and colors and lighting. A couple of recent Santa Fe projects by Clemens & Associates Photo at right by Catherine Clemens; photo below courtesy Lee Ann White “Our specialty is fully developed outdoor room spaces and as a natural extension of that, one of the things that interests me is furnishing them: picking furniture and garden ornament.” She has a large repertoire of stores and catalogs she sources from, as well as having certain items specially made. She emphasized that people who are not able to redo everything can still enjoy “spicing things up” with new furniture, for example. And she recommends using a design professional to avoid mistakes that will cost more later. “We streamline the process. People don’t realize that using a design professional can save you money because we can problem-solve in creative ways and help you to do it right the first time.” TitleNews More paper, but better for consumer Recently the Consumer Financial Protection Bureau (CFPB) announced a plan that focuses on the mortgage industry’s compliance with new consumer protections going into effect in January 2014. The CFPB is the federal agency that holds primary responsibility for regulating consumer protection with regards to financial products and services. It is important that everything is in place when it is time for the plan’s implementation and compliance. Everybody, consumer and industry, wins when the new rules are understood, applied, and carried out evenly and effectively. The title and settlement industry will be impacted as well. The present HUD-1 settlement statement is used to itemize services and fees charged to the borrower by the lender when applying for a loan for the purpose of purchasing or refinancing real estate. The form is completed by the settlement agent. Since 2010, the HUD-1 settlement statement also contains what is referred to as a good faith estimate or GFE. This specifies estimated settlement figures provided by the lender. Borrowers may compare their GFE to the HUD-1 settlement statement and ask their lender or broker about any changes. That HUD-1 settlement statement as we have called it for a long time, will soon be called the settlement disclosure form. It is just a name change. This is CFPB’s third try in less than two years to make the statement more transparent and comprehensible to the average consumer and to call it something entirely different. Recently CFPB published proposed drafts of the settlement disclosure form. One of the proposed drafts consists of six pages and the other draft consists of five pages. So in two years we have gone from a two-page HUD-1 settlement statement to, potentially, a six-page settlement disclosure form. The proposed forms combine the Truth-in-Lending Disclosure, which currently consists of two pages, and the HUD-1 settlement statement. The proposed forms clearly spell out the interest rate, interest change date with adjustable-rate mortgages, and frequency of interest rate change, along with the specified index and margins used to recalculate the interest rate. The proposed forms include detailed escrow account information, lender cost of funds, originator fees summary, and total interest percentage. One might ask, “What is the purpose of all of this?” Well, it will improve the consumer’s experience. As a consumer, I am in favor of anything that is better for me. The mortgage and title industry will expend a lot of additional resources in O T IS PH ILLIPS upgrading systems and software for ongoing compliance. Otis Phillips is the business development officer for Stewart Title. He has been in the title business since 1978 and has served in the independent title agency, direct office, and underwriter arena in 14 states. Contact him at email@example.com or 505.954.3334. Building permits SANTA FE COUNTY building permits issued from mid-January to mid-February included the following: William Riley, 59 Lomas De Tesuque. $350,000. RCS TT South LLC, 77 Sunset Canyon. $70,000. — 79 Sunset Canyon. $75,000. — 42 Sunset Canyon Dr. $70,000. — 75 Sunset Canyon Dr. $60,000. — 3 Sky Ridge Dr. $75,000. Sivage Community Development, 1 Cam. De Colores. $313,000. — 2 Cam. De Colores. $258,000. — 14 Cam. De Colores. $212,750. Dos Vigas Construction, 18 Cam. Barranca. $400,000. Building permits issued by the CITY OF SANTA FE during the month of January included the following: Santa Fe Habitat for Humanity, 6404 Cerros Grandes Dr. $100,000. Infinite Ambitions, 3296 Calle Nueva Vista. $195,000. — 2046 Calle Nueva Vista. $140,000. — 5305 Joshua Ln. $140,000. Homewise Inc., 4469 Contenta Ridge. $206,000. — 4472 Contenta Ridge. $195,000. — 7205 Rio Del Luna. $195,000. — 1601 Ave. De Luna. $208,000. Pulte Development of NM, 3846 Montana Verde Rd. $225,714. Discount Home Supplies A fund raiser for Habitat for Humanity. CALL TODAY! 4 Red Bluff Draw $349,900 Backs to Open Space with fantastic mountain views! Open floor plan, 3/2/2, 1824 sq ft. MLS #20130052 Office: 505.473.7700 PATRICK THOMAS, BROKER Cell: 505.780.0129 Email: firstname.lastname@example.org Moving? Buying or selling your home? Keep us in mind and donate your gently used furniture, appliances, books, new and used building materials to the Santa Fe Habitat for Humanity WE PICK UP! 2414 Cerrillos Road Á Hours: Monday - Saturday 9:00 a.m. - 5:00 p.m. www.santaferestore.org HOME March 2013 43 Call 505-473-1114 to schedule a pick up. Barker Realty At the Railyard THE LOCALâ€™S CHOICE 13-B Paseo C de Baca This beautiful UN Northern New Mexico DER CO house and guest house NTR is located on two lush AC T acres. Handcrafted with double adobe, with details that include coved ceilings with vigas, plaster interior walls, hand carved doors, tall windows and kiva fireplaces. The light filled chefâ€™s kitchen is in a French Provencial style. The 1000+ sq ft, two bedroom guest house has plaster walls, vigas & a kiva fireplace. There is a 3 car garage and a fruit tree orchard. UN This 11,000+ sf ofDER fice and retail building CO is situated at the north NTR AC entrance of the Railyard T and is a key feature of the area. Once home to the beloved Jean Cocteau Theater it still has the theater in place along with other retail and office spaces. The theater can be remodeled into retail or office space. There is 400 sf city parking garage only one block away. National and well- known local businesses are a stones throw away. This property is inviting for the owner/user, investor or developer. $1,900,000 MLS# 806889 $950,000 MLS #201203780 JOHN HANCOCK 505-470-5604 email@example.com REBECCA HOLLAND 505-670-1316 firstname.lastname@example.org www.LaCienegaBeauty.com BUYER BEWARE IS YOUR GREAT DEAL DISAPPEARING? SantaFeRealEstate.com 44 March 2013 HOME 530 S. Guadalupe St., Santa Fe, NM 87501 | (505) 982-9836 | SantaFeRealEstate.com LOCATION, LOCATION $219,000 Your Dream Home. Our Expertise. Finally, a mortgage lender that works for You Well-priced, 1058 sq. ft. condo unit near Plaza in residential area of W. San Francisco Street. Only 3 condos in small compound with on-site parking. Two bedrooms and one full bath on second level, half bath on ground level with kitchen/dining and living room with wood burning fireplace. This condo has been a rental for many years. Keep as rental or move in and make it home. For an appointment to view, call Marcia at 505-982-4201. MLS# 201204018 Our local mortgage professionals combine lending expertise with a highly personal approach to every client relationship. We specialize in Portfolio Loan Products > Flexible terms and ‘common sense underwriting’ for self employed and jumbo loan borrowers. Marcia Wolf, Qualifying Broker • 505-982-4201 Missy Wolf, Associate Broker • 505-310-9700 200 W. DeVargas, Suite 2 • Santa Fe, NM 87501 • 505-982-4201 > Construction-to-permanent financing > Conventional financing We don’t just sell new homes, we sell lifestyles. Marita DeVargas Kathy Breneman 889-1923 6501 Americas Pkwy Albuquerque NMLS #5881 992-2343 62 Lincoln Ave Santa Fe NMLS #458776 Only 3 Left! Becky Farnham 992-2244 Los Alamos Santa Fe NMLS #458360 Steven Dougherty 889-1926 6501 Americas Pkwy Albuquerque NMLS #189228 Call, stop by or go online to ﬁnd out how quickly our local lenders will get you into your dream home. Apply Online! www.fnb-sf.com Independent community banking since 1870 Like us at facebook.com/fnbsf Member FDIC Equal Housing Lender We offer the perfect solution for those wanting to travel, entertain and enjoy a carefree lifestyle. Spacious single story floor plans with beautifully designed elevations and private patios. Great new homes for empty nesters looking for that ideal location 5 minutes from the Plaza. CH A P M A N H O M E S Open Sunday - Friday 1-5PM 50 5 - 9 8 3- 8 10 0 c h a pma nh o me s . c o m Old Pecos Trail at St. Michaels Drive near Zia Rd. H OME Ma r c h 2 0 1 3 4 5 Dreaming on the River 103 Blue earth trail Sierra Negra Mountain is the front yard of your 22.92 acres. The distant views of the Sangre de Cristo range and the Chama River Valley are your morning coffee views. For the evening margarita views you have the sun setting over the Sierra Negra. Nearby there is forest access for those who love to hike. 3 bedroom 3 bath, two car garage, 2600 sq.ft. Rastra construction and energy-efficient Pella windows further enhance this living experience. 60 minutes to Whole Foods in Santa Fe. MLS 201203464 Abiquiu 22.92 AcreS $498,000 HIGHWAY 84, AT THE ABIQUIU INN • (505) 685-4646 www.abiquiuland.com * Owner is a Licensed New Mexico Real Estate Broker hacienda aleGria Nestled on a bend of the Chama River, Hacienda Alegria with its stunning views will please the most discerning buyer. Ancient cottonwoods along the river shelter ponds that speak of lazy summer days. This grand 2-story home with a gourmet kitchen and 2 covered portals is ideal for entertaining. There is plenty of room for you and your guests with a 3 bedroom, 3 bath main house, 3 bedroom, 3 bath guesthouse and a caretakers house and barn/garage as well. The irrigated acreage with 24 acre ft. of water has been farmed as an organic farm for the last 6 years with 28.86 acres, has plenty of room for horses and great riding and hiking in the National Forest that borders the property. Come see this magnificent property. MLS 201300619 28.86 AcreS $1,495,000 residencia del riO What an incredible 32-acre riverfront property! You can enjoy an early-morning stroll along the River or enjoy the colorful sunset from your Portal. It has a hacienda-style floor plan with adobe walls connecting to an outdoor-covered courtyard with room for a studio, workshop or whatever you desire. The lovely adobe home with its light-filled spaces has a cook’s kitchen, 2 bedrooms and 3 baths. With 11 acres of irrigation (33 acre-feet) this property is ready for gardening or farming. Ideal for horses with the Carson National Forest nearby. Only 60 minutes to Santa Fe! MLS 201100723 32 AcreS $650,000 Santa Fe Real Estate Guide advertiser index Gateway Mortgage Group . . . . . . . . . 47 Karen Walker Real Estate, Ltd. Co. . . . . . 38 Keller Williams Realty . . . . . . . . . 19-20 Rancho Viejo Properties . . . . . . . . . . 43 Santa Fe Habitat for Humanity. . . . . . . 43 Santa Fe Properties, Inc. . . . . . 23-31, 48 Sotheby’s International Realty . . .2-6, 8-16 Western Equities . . . . . . . . . . . . . 45 Abiquiu Realty, Ltd. . . . . . . . . . . . . 46 Adobe Realty of Santa Fe, Inc. . . . . . . . 11 American Country Collection . . . . . . . 34 Barker Realty, Inc.. . . . . . . . . . . 34, 44 Chapman Homes . . . . . . . . . . . . . 45 Coldwell Banker Trails West . . . . . . . 41 Crocker Ltd. . . . . . . . . . . . . . . . . 38 Dougherty Real Estate Company . . . . . . 20 First National Bank of Santa Fe . . . . . . 45 46 M arch 2 0 1 3 H O ME Your GATEWAY to HOMETOWN Service and Expertise! Purchasing a new home? Considering refinancing? Seeking access to your homeâ€™s equity? FAST DECISIONS RELIABLE ANSWERS Annette Alvarez Mortgage Consultant 505.920.8325 Mobile NMLS#296002 Scott Robinson Branch Manager 505.577.8555 Mobile NMLS#202265 Wendy Doehr Mortgage Consultant 941.225.3506 Mobile NMLS#866716 www.gatewaymortgagesantafe.com 502 W. Cordova Road | Santa Fe, NM 87505 505.428.0331 | 505.428.0337 Fax Gateway Mortgage Group, LLC NMLS 7233 SANTA FE PROPERTIES SantaFeProperties.com ® FaceBook.com/SantaFeProperties LuxuryPortfolio.com Crafted by renowned artist Willard Clark | $1,045,000 | #201204407 LuxuryPortfolio.com We Offer Unsurpassed Luxury Marketing Santa Fe Properties is the Luxury Portfolio International affiliate for Santa Fe and northern New Mexico. Luxury Portfolio is a global network of the world’s most powerful independent luxury brokerages and has more top sales associates than any franchise or luxury organization (as reported by the Wall Street Journal). Luxury Portfolio is unmatched in the global arena, with properties in over 45 states and 27 countries, site translation into nine languages, and conversion to multiple currencies. Total inventory: $38 Billion Listings in 27 Countries / 45 US States • 11,760 listings $1 Million+ • 1,356 listings $5 Million+ • 426 listings $10 Million+ Visitors from 200+ Countries/Territories each month. Average 140,000+ high net worth visitors every month. Household Income: $1,321,000 69% said they plan to make a purchase in the next 3 years. 1000 Paseo de Peralta • Santa Fe, New Mexico 87501 216 Washington Avenue • Santa Fe, New Mexico 87501 SantaFeProper ties.com • 505.982.4466 • 800.374.2931 Buy Local Be Local Think Local