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Santa Fe one of five worst markets for home-price increases

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Posted: Monday, March 24, 2014 10:47 am | Updated: 1:09 pm, Mon Mar 24, 2014.

Remember all those predictions a year ago about Santa Fe being among the best markets for home-price appreciation in the United States? I questioned an analysis in June 2013, when a writer predicted 9 percent annualized home-price gains based on Santa Fe’s lower-than-average unemployment rates. “Ain’t gonna happen,” I wrote then.

Well, now it looks like Santa Fe has made another list: one of the five worst markets in the United States, according to MarketWatch.

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Welcome to the discussion.

1 comment:

  • Carolyn Garcia-Martinez posted at 5:39 pm on Mon, Mar 24, 2014.

    CarolynDM Posts: 427

    Not surprising that SF has lost it's lustre. With the ever increasing crime and drug problem, what else could we expect.

     

Behind the beat

Bruce Krasnow is a native of Chicago and worked at publications in Illinois, Florida and Washington State before joining The New Mexican in 1996. He is a graduate of Northern Illinois University and the Columbia University School of Journalism.

He can be reached at brucek@sfnewmexican.com or 505-986-3034. You can also follow him on Twitter at #brucekraz

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