Living in Santa Fe Blog - Barker Realty LLC

2025 Q1 Market Report

A Safe Harbor - So, where does this leave us? In a market where steadiness on the surface hides a lot of movement beneath. For sellers, pricing power hasn’t vanished, but strategy matters more than ever. For buyers, patience pays, but preparation pays more. And for everyone? It’s a good time to have a savvy guide on your side.

While broader economic signals remain in flux, shaped by global markets, interest rate shifts, currency concerns, and tariffs, Santa Fe continues to stand apart. Historically, during stock market volatility—like the post-Black Monday era or early 2000s Dotcom Bubble correction—second-home markets like ours have shown resilience. Buyers continue to seek quality of life, long-term value, and a sense of permanence. In uncertain…

200 Views, 0 Comments

2024 Q4 Market Report

With every challenge comes opportunity. The new year brings a range of challenges for the real estate industry, but as we adapt to new ways of working, navigate related industry hurdles, and respond to the realities of mother nature, we remain confident in the resilience of Santa Fe’s community. We always rise to meet the moment.

For buyers and sellers, the increase in inventory has stabilized pricing, fostering a healthier dynamic between the two sides. As the city invests in reducing bureaucratic obstacles and addressing housing shortages, builders and developers are stepping up to meet the growing demand. While scarcity has historically driven prices upward, we recognize that thoughtful growth is essential to ensure Santa Fe remains an…

1710 Views, 0 Comments

2024 Q3 Market Report

The real estate market is expected to strengthen in the final quarter of 2024, driven by improved conditions for both buyers and sellers. With interest rates stabilizing at more favorable levels, many buyers are finding it easier to secure financing, making homeownership more attainable. Additionally, there has been an increase in the number of homes on the market, providing buyers with more options and reducing the intensity of bidding wars. This greater supply has also led to more neutral negotiations between buyers and sellers, shifting away from the extreme seller’s market of previous years. As a result, buyers are gaining more leverage in discussions over price and terms, while sellers still benefit from healthy demand. Overall, these factors…

892 Views, 0 Comments

Reading Quest / Donation Drive 2024

For the month of August, Barker Realty will serve as the drop-off location for Reading Quest, a nonprofit organization that tutors students in Santa Fe to improve their reading skills.

Please donate gently used or new items, such as:

● Books
● Stuffed animals
● Squishmallows
● Legos
● Stickers
● Pokémon cards
● Small toys
● Board games

Here is a list of books that students have requested. While the wish list is available on Amazon, we encourage you to order them through local bookstores like op.cit books, Garcia Street Books, or Beehive:

List of Books Requested by Students

Let’s get these kids ready for school!

477 Views, 0 Comments

2024 Q2 Market Report

At the halfway point of 2024, we are seeing the first signs of market stabilization: inventory is up, price reductions are more common, and the buyer pool can negotiate further than before. Looking at other markets like Austin, TX, and Denver, CO, we’re seeing a significant rise in inventory and Santa Fe is not lagging far behind. Sellers may not welcome that news as buyers have more options and leverage and the market becomes more balanced, however, the appreciation in home prices over the past few years has provided lots of padding. 

There are hints that the Federal Reserve may finally lower interest rates, just as prices begin to plateau. This, coupled with strong inventory, could provide more ‘normal’ market conditions for buyers and sellers.…

611 Views, 0 Comments

Networking Solutions for Adobe Homes

In today’s digital age, a reliable internet connection is essential for both work and leisure. However, providing a strong and stable internet connection in large homes, especially those with thick plaster and adobe walls, can be a daunting challenge. These walls are notorious for causing WiFi interference, leading to dead zones and frustratingly slow connections. Fortunately, several solutions have emerged to address this issue, including mesh WiFi networking, MoCa adapters, and powerline adapters. In this article, we will explore the challenges of providing good internet connection in large homes with thick walls, and delve into the effectiveness of these solutions.

Challenges of Internet…

354 Views, 0 Comments

2024 Q1 Market Report

It’s no secret that real estate has been in the news quite a bit recently so we thought it would be best to cover the major topics to keep you informed. While how we conduct a transaction might change due to these requirements, having a highly qualified broker to help you navigate potential challenges when buying or selling real estate in Santa Fe has never been more important.

156 Views, 0 Comments

“Show the Love” to Española Humane in our April Community Drive

Get Ready To Unleash Your Inner Animal Lover Because Barker Realty Is Teaming Up With The Española Humane Society For A Month-Long Celebration Of Furry Friends Throughout April!

It’s time for our 2nd annual drop-off donation drive and we’re turning our office into a donation center at 530 S. Guadalupe Street in the Santa Fe Railyard. Swing by during our office hours, from 8 am to 5 pm, and bring your donations of pet food, treats, toys, blankets, and crates – everything our four-legged pals need to wag their tails with joy! And why the donations? It’s kitten and puppy season with Española Humane Society seeing a record number of new pets arriving daily. They need all our help!

Join us on…

156 Views, 0 Comments

Some of our Favorite Local Plants for your Garden

When it comes to turning your garden or yard into a picturesque oasis, let’s not forget the fabulous flora that calls New Mexico home! Here at Barker Realty, we’re all about living the good life, and that includes embracing the vibrant and resilient plants native to our beloved state.

Why go native, you ask? These plants are adapted to our climate, making them drought-tolerant, and they’re in harmony with the local insects and birds. Plus, they add a unique touch of Santa Fe flair to your outdoor space!

So grab a margarita or a sweet tea, put your garden gloves on, and let’s dive into a treasure trove of native plants that are ready to transform your garden!

1. Flowers That Pack a Punch ????

…

120 Views, 0 Comments

2023 Q4 Market Report

2023 will be the year remembered as the year our housing market started to find a new equilibrium. With interest rates peaking and cooling demand, many expected prices to correct more aggressively, however, that still wasn’t the big elephant in the room. Our inventory woes continued into 2023 and that propped up pricing, with the Santa Fe market still showing a modest 2.6% increase in median prices.

Overall demand did slow down, relieving buyers from the pressure of making fast decisions and sometimes frustrating sellers, who otherwise were expecting a frenzy of activity of years past. Our days on the market have returned to a healthy 60-day cycle, indicating we should see pricing stay relatively stable for the time being.

With many new…

128 Views, 0 Comments