Santa Fe Real Estate and Community News

You've reached the blog for Santa Fe Realty Unlimited. Thank you for your visit. In this Blog, we intend to give insight into real estate and help educate the consumer in order to allow them to make great real estate choices. Real estate, in our eyes, is the backbone of our community. It provides a solid secure investment and a place to call home and raise our families.  We at Santa Fe Realty Unlimited are dedicated to our clients and finding the best solutions to help them with their real estate needs. So please feel free to browse the content on this page and reach out to us if you have any questions whatsoever. Also, If you have a topic that has to do with buying or selling or real estate in general. whether it is in Santa Fe or at the state level of New Mexico or even nationally or internationally, We love a challenge so please do not hesitate to bring it up. Thanks for reading and we hope to hear from you soon.

June 20, 2025

Explore This 1.71-Acre Santa Fe Luxury Estate with Mountain Views

 

This expansive estate offers over 5,200 sq ft of living space and panoramic mountain views.

 

Looking for a home with authentic charm, ample space for guests, and breathtaking views? Welcome to 177 Sunflower Drive, an adobe estate that combines handcrafted architecture, flexible living space, and effortless indoor-outdoor living, all on a private 1.71-acre lot.

 

With over 5,200 square feet of combined living space between the main house and guest casita, this estate invites you to stretch out, relax, and share the experience with those you love.

 

Main home and living area. From the moment you step inside the 4,195 sq ft main house, you're greeted by exposed adobe walls, hand-carved vigas, and radiant natural light. Every room carries the warmth and texture that defines traditional Southwestern architecture.

 

Outdoor space. Large living areas flow naturally outdoors, where covered portals and multiple kiva fireplaces frame stunning 180° views of the Sandia and Ortiz mountain ranges. Whether it's sunrise coffee or sunset cocktails, this home is designed to keep you connected to the land.

 

Guest casita. If you need a separate space for family, friends, or even short-term visitors, you'll love the fully equipped guest casita. It's 1,031 square feet with two bedrooms, its own kitchen, and a full bath. It's private, comfortable, and seamlessly integrated into the property.

 

Landscape and views. This 1.71-acre lot is more than just spacious; it's personal. Tucked among Aspen trees and native vegetation, the home is built to blend into the landscape while offering clear, open views in all directions. A pull-through garage adds convenience, while custom portals and flagstone patios make it easy to gather, entertain, or simply enjoy the quiet.

 

This isn't a home you'll find every day. It offers something rare in today's market: room for connection and reflection, all in one of the most sought-after neighborhoods near Santa Fe. If you're ready for a home that lives up to its setting, this might be the one.

 

Discover everything this property has to offer, view the full property listing here.

 

If you want a closer look at the property, schedule your tour today. Contact me at (505) 388-0310 or nmrealtorleland@gmail.com. You can also visit my website at www.LelandTitus.com for more information.

Posted in Homes For Sale
April 11, 2025

3 Ways To Find Your New Mexico Home’s True Value

Assess your home's worth with comps, appraisals, and online tools to effectively get your home’s value in New Mexico’s tricky market.

 

Have you ever wondered what your home is really worth? With today’s market constantly shifting, interest rates going up and down, and home values doing the same, nailing down an accurate number isn’t easy. Today, I will walk you through three strategies that will help you figure out exactly what your home is worth.

 

1. Look at comparable sales (comps). The first way to gauge your home’s value is to look at comparable sales, or “comps.” These are homes in your neighborhood that are similar in size, features, and condition to yours and have recently sold. Since New Mexico is a non-disclosure state, not all sold prices are publicly available. To get detailed data on sold homes and find the right comps, feel free to contact me.

 

2. Hire a professional appraiser. This is the best option if you want an accurate home valuation. Appraisers evaluate homes, typically for banks or mortgage companies. They’ll check every detail of your home, from the roof age to the quality of your kitchen appliances, and provide a detailed report to determine its exact value.

 

Before you hire an appraiser, think about why you need this information. Appraisers are typically brought in during a refinance or home purchase, so unless you’re planning something like that, it doesn’t make sense to spend money just for curiosity’s sake.

 

“Start making smarter real estate decisions by knowing how much your home is worth.”

 

3. Try online valuation tools. Home valuation platforms like Zillow’s Zestimate, Homes.com, and even my website, LelandTitus.com, are easy to use. All you need to do is plug in your address and basic property details, and you'll get an estimated value.

 

In New Mexico, these tools rely solely on algorithms and public data to calculate what your home might be worth. However, those numbers can vary and be off by as much as 20%. So, while they’re a quick and easy way to get an estimate, they’re not always accurate.


Now that you know these three methods, you’ll be able to make smarter decisions about your home, whether that’s listing it, refinancing, or staying right where you are. if you ever have questions or want personalized advice, don’t hesitate to reach out at (505) 467-8829 / (505) 603-2435 or nmrealtorleland@gmail.com. I’m here to help.

Posted in Selling Your Home
Feb. 24, 2025

How Can You Make Your Home Irresistible to Buyers?

Enhance your curb appeal, declutter and depersonalize, and highlight your home’s key features to have a faster and more profitable home sale.

Looking to sell your house soon but don’t know how to get it ready for the market? Selling your home can feel like a big undertaking, but with the right preparation, you can make it stand out and attract the perfect buyer. These three essential tips will help you get your home ready for a successful sale and leave buyers impressed from the moment they arrive:

1. Enhance curb appeal. First impressions matter, and curb appeal is where it all begins. When potential buyers pull up to your home, the exterior sets the tone for their entire visit. Even small details work together to create an inviting first impression. You don’t need to go all out—simple updates can make a big impact. Mow the lawn, plant some vibrant flowers, or touch up peeling paint on the front door. If it’s winter, keep walkways clear and add cozy seasonal touches like a wreath or warm lighting. The goal is to show buyers that your home is well-loved and ready to welcome its next owner.

The golden rule of seller disclosures is simple: when in doubt, disclose

2. Declutter and depersonalize. Your goal should be to make it as easy as possible for buyers to envision themselves living in your space when they walk inside. but that’s hard to do if rooms feel crowded or overly personal. Start decluttering by removing extra furniture and boxing up items you don’t use often. Less is more when it comes to preparing your home for sale—you want it to feel spacious and inviting, not cramped. Next, depersonalize the space and take down family photos, bold artwork, or unique collections. This doesn’t mean erasing your personality—it’s about creating a blank canvas where buyers can imagine their own lives. Finally, take time for a deep clean. Pay special attention to kitchens and bathrooms, as these high-traffic areas often leave the biggest impression. A spotless home signals that it’s been well-maintained and move-in ready for your buyers.

3. Highlight key features. Think about what makes your property special—whether it’s a spacious kitchen, a cozy living room, or beautiful natural light streaming through large windows. It might be worth it to consider some light staging to get your house in the best shape possible. Rearrange furniture to improve flow and maximize space, even if it’s as simple as moving a couch or removing an extra chair. Lighting is also critical; it creates a cozy atmosphere and lets the best features of your house shine. Even small updates, like fresh neutral paint or modern cabinet handles, can make your home feel updated and move-in ready.

At the end of the day, selling your home doesn’t have to be overwhelming. By enhancing curb appeal, decluttering and depersonalizing, and highlighting your home’s key features, you can create a space that buyers will fall in love with. If you have questions about getting your home ready for the market or anything else, please call or email me. I am always willing to help!

Posted in Selling Your Home
Feb. 14, 2025

What Do Home Sellers Need To Reveal in Disclosures?

Going over everything you need to disclose when selling your home, from location-specific information, material defects, and more.

Are you selling your home this year? If so, you’ve probably wondered what exactly you need to disclose to potential buyers. Seller disclosures are more important than ever in 2025, and understanding them is key to avoiding legal headaches and closing deals quickly. Transparency isn’t just a courtesy—it’s a necessity if you want to be legally protected. Here’s a breakdown of what you need to know about seller disclosures to ensure a smooth and successful home sale:

1. Material defects. As a seller, you’re required to disclose any known material defects that could impact your property’s value or safety. This includes issues like foundational cracks, roof leaks, or pest infestations. Even if you’ve repaired these problems, it’s essential to disclose them. Buyers need a full picture of the property’s history so they can make informed decisions. Transparency builds trust with buyers and helps prevent disputes later on. If they discover hidden issues after the sale, it could lead to legal challenges that no one wants.

The golden rule of seller disclosures is simple: when in doubt, disclose

2. Repairs and property condition. Whether it’s structural problems, plumbing repairs, or past flooding, sellers must document and disclose these issues even if they’ve already been resolved. Buyers have a right to know what they’re walking into. By being upfront about the property’s condition and repair history, you’re not just protecting yourself from future complications; you’re also showing buyers that you’ve taken proper care of the home. Honesty here can go a long way in building trust and confidence.

3. Environmental and neighborhood factors. Disclosures go beyond your home’s four walls. Sellers are also responsible for sharing information about the surrounding environment. This could include things like being in a flood zone, nearby industrial activity, or contaminated soil. It’s also a good idea to let buyers know about neighborhood-specific concerns. Providing this context allows buyers to make an informed decision and shows that you’re committed to transparency, which can set the tone for a positive and cooperative transaction.

The golden rule of seller disclosures is simple: when in doubt, disclose. Failing to do so could result in costly legal issues that are both time-consuming and stressful. If you’re unsure about what needs to be disclosed or have other questions about selling your home, I’m here to help. Feel free to reach out by phone or email to make your selling process smooth and stress-free. Transparency is the foundation of a successful sale, and I’m here to guide you every step of the way.

Posted in Selling Your Home
Jan. 30, 2025

How Is the Real Estate Market Right Now?

What you need to know about our normalizing real estate market, including home prices, supply, and more.

“How is the housing market right now?” I’ve been getting this question a lot recently, and I understand why. This is the time of year when people plan their moves for 2025, but it’s difficult to know what you should do without understanding where the market is at. The truth is that our market can be summed up in one word: Normalization. While the red-hot market of the pandemic is far behind us, the market isn’t heading for a crash anytime soon. Instead, things are balancing out. Here are three things you need to know about our normalizing housing market:

1. Competition is increasing. There are more homes for sale in the U.S. than there have been since before the pandemic. For buyers, this means more options For buyers, this means more options. If you’ve been frustrated by the lack of options, now might be the time to reenter the market. Meanwhile, sellers need to reset expectations about how long it will take to sell. You can still get a great deal in this market, but your home probably won’t fly off the market like it would have a few years ago. 

Get ahead of things by listing as early as you reasonably can.

2. Prices are increasing slowly but steadily. In most markets around the country, prices are still increasing, although it’s at a modest pace. Redfin expects prices to increase by 4% in 2025, which means sellers need to be careful about not overpricing their properties. Prices are increasing, but buyers are savvy enough to know when a property isn’t worth what you’re asking. Meanwhile, buyers can be confident that they will start building equity as soon as they close.

3. Condition matters. Right now, there is a large gap between homes that need a little work and homes that are in pristine condition. Good-quality homes still sell quickly and for top dollar; they might even create a bidding war among buyers. On the other hand, homes in need of repairs could sit on the market for a long time. Buyers don’t have a ton of extra cash on hand for repairs after closing, so small investments upfront could make it much easier to sell your house. These points are broad strokes that are generally true for most markets across the country.

However, you should know that real estate is hyper-local. What’s happening in your neighborhood might not be true for your area in general. If you want to learn more about your local market, call or email me for more details. I’d love to share more information with you.

Posted in Real Estate News
Dec. 10, 2024

Should I Sell My Home During the Holidays?

I explain why it still makes sense to sell your home during the holidays, from motivated buyers to lower housing inventory.

Do you need to sell your home soon but are afraid no one will want to buy during the holidays? Conventional real estate wisdom says that no one is looking to purchase a house this time of year. After all, everyone’s kids are home from school, and they must be incredibly busy from the holidays, right? 

The truth is that most people move when they need to, not when they want to. You can still get a great deal during the holiday season for your home sale; in fact, there are even a few key advantages. Here are three reasons why you should consider selling your home during the holidays: 

1. People have more time off during the holidays. It’s true that people are busy on Thanksgiving, Christmas, and New Year’s, but you have to remember that those are only three days out of the year. For the rest of the holiday season, most people have extra time off to look at homes and plan out a move. A three-day weekend or extended break is just the excuse some buyers need to get out and look at your home.

 

Lower inventory means less competition for home sellers.”

 

2. Inventory is low. When you list your home, you want there to be the least amount of competition possible so that you’re in a stronger negotiating position with buyers. Fortunately, December and January are when homes for sale hit a year-long low. This means buyers don’t have as many choices, and you might be able to ask for more concessions during negotiations. 

3. Buyers are highly motivated this time of year. You don’t have to worry about window shoppers this time of year. If a buyer is interested in your home during the holiday season, it probably means they need to move as soon as possible. This could be because they need to get a new job, they need to move soon for tax reasons, or anything else. Whatever their motivation is, you can be sure they’re more likely to be serious about buying your home and following through with the deal. 

If you want to sell in Q1 next year, please call or email me for a free pre-listing consultation. It always pays to plan ahead, and I’ll go over everything you need to make sure you get the best deal possible. I look forward to hearing from you!

 

Posted in Selling Your Home
Nov. 8, 2024

What Do Experts Forecast for the 2025 Housing Market?

The housing market is set to change in 2025, which is why I’m breaking down what the experts are forecasting for interest rates, prices, and demand.

 

Right now, the No. 1 question I’m getting is, “What’s going to happen to the housing market in 2025?” I get it; a lot of people had plans to move this year but put things on hold due to higher mortgage rates and a slowing market. This begs the question: Will 2025 be any different? The short answer is yes, although there probably won’t be a dramatic shakeup that flips the market on its head. Today, I’m going over what the top experts are forecasting for mortgage interest rates, home prices, and buyer demand in 2025. Plus, I’ll share my insights on how you can get ready for these changes before the new year even starts: 

 

1. Mortgage rates will ease slightly. It’s no secret that higher mortgage interest rates have hurt affordability for buyers and caused our market to slow down. U.S. existing home sales hit a 14-year low in September 2024, and one of the biggest reasons why is that would-be buyers are sitting on the sidelines waiting for rates to drop. While Fannie Mae and Freddie Mac aren’t predicting rates to crash to where they were a few years ago, most experts believe rates will fall below the 6% mark for the first time since Q2 of 2022. Since mortgage rates are a key factor in housing affordability, this is fantastic news for buyers sitting on the fence.  

Buyers need to take advantage of this window before it’s too late.

2. Home prices will increase slightly. While home prices have stagnated recently or even come down in some areas of the country, prices are projected to rise in 2025. Different institutions have varying forecasts, but prices are expected to rise 2.6% when you average their predictions. This is a modest increase compared to what we’ve seen from the last few years, but it projects stability for our market. Homeowners don’t have to worry about prices crashing, while things will stay relatively affordable for new buyers.

 

3. More buyers will enter the market. Lower interest rates and steady prices mean demand for homes will increase. According to the Senior Economist at Wells Fargo, “Lower financing costs will likely boost demand by pulling affordability-crunched buyers off of the sidelines.” As these buyers enter the market, the pace will speed up. Homes will sell faster, competition will increase, and supply will decrease as more buyers fight over fewer options.

 

So what does this all mean for you? If you want to sell, 2025 is looking to be a great year for the market, so I recommend you start planning your move now so you can get a head start. On the other hand, buyers need to act fast. There will be a very short window where rates are lower, but home prices haven’t increased yet. If you’d like to plan for 2025, whether you’re looking to sell or buy, please call or email me. I’d love to help you plan your next move!

 

Oct. 30, 2024

Why Are Buyers Backing Out of Real Estate Deals?

Here’s why so many buyers are backing out of deals and how you can use things like a pre-listing inspection to protect your sale.

 

It’s official: Cancelation rates are on the rise. In a lot of markets, around 30% of real estate transactions that go to escrow end up canceling. Since listings with canceled deals often end up selling for less money, what can you do to minimize the chances of your buyer flaking out? As an experienced expert, I’ve dealt with uncertain buyers before. That’s why today, I’m sharing why buyers are leaving deals in this market and explaining what you can do to stop a cancellation before it happens. 

 

1. Buyer's remorse. The market is definitely slower than it used to be, but that doesn’t mean buyers aren’t feeling pressure to make decisions quickly. Due to market competition, economic news, the election, and a ton of other issues, a lot of buyers want to finalize a deal ASAP. As a result, many of them jump into deals before they’re ready. To prevent this, get your agent to vet potential buyers as well as their agents. If they’re pre-approved and have a strong motivation for moving, they’ll be much more likely to follow through on your home.  

Pre-listing inspections let you take care of potential problems upfront.”

2. Inspection issues. The No. 1 reason why housing transactions fall apart is inspection issues. A buyer might absolutely fall in love with your home and have full intentions of following through, only to have problems come up in the inspection that give them cold feet. This is especially an issue in our current market since buyers don’t have a ton of free cash for repairs due to higher interest rates and prices. To prevent inspection problems from ruining the perfect deal, I highly recommend a pre-listing inspection. This way, you can take care of potential problems upfront and even go into negotiations with more leverage. 

 

3. Drawn-out negotiations. The longer you spend negotiating, the more chances you give your buyer to walk. In my experience, most drawn-out negotiations are the result of appraisals coming in lower than expected, which can change your buyer's financial situation with their bank. To prevent these problems, work with your agent before you list to find the perfect price that will net you the most money without causing appraisal issues. Plus, your agent should be able to argue for your price to the appraiser using the research they did to find your home’s value. 

 

If you’re thinking of selling in the near future, you can still get a good deal; you just need to work with an expert. Call or email me today to find your price, whether you want to head to the open market or receive an instant cash offer. I look forward to hearing from you!

Posted in Selling Your Home
Oct. 7, 2024

Is Staging Your Home Worth the Time and Cost?

Going over three key reasons why staging is worth the money and effort, from giving you leverage at negotiations to depersonalizing your home.

 

If you’re considering selling your home in the near future, how seriously are you thinking about staging? In the real estate industry, it’s widely accepted by experts across different fields that staging nets you more money for your sale, but I’ve spoken to a lot of homeowners who see it as a waste of time and money. If you’re on the fence about staging, here’s the truth: A few thousand dollars upfront can get you a two-to-one return on your investment and save you tons of time in the long run, which is why I always recommend sellers stage their properties. Here are the three most important benefits of staging you don’t want to throw away: 

 

1. Staging minimizes issues and highlights features. No home is 100% perfect, but staging allows you to move the focus away from your flaws and toward your strengths. Small rooms, dated appliances, and old fixtures can all be mitigated by proper staging. Items that would normally be sticking points at negotiations might be looked over by buyers who are attracted to your property’s highlighted features, so if you want a smooth home sale, I highly recommend staging.   

 

"No home is 100% perfect, but staging allows you to move the focus away from your flaws and towards your strengths."

 

2. Staging turns your home into a shopping experience. Have you ever visited a model home? If you have, you know they have a clean, neutral feel that encourages you to look at the property as a product instead of as a messy place where life happens. Your home probably has some unique personality traits that could be a turn-off for certain buyers. By depersonalizing your home with staging, you can avoid these issues and present your home as a blank slate buyers can project their desires on to. 

 

3. The data proves staging nets you a great return on investment. There’s a reason why all home experts recommend staging; according to one estimate, putting 1.3% of your sale price into staging can net you an extra 7.1% on your final offer. I know it’s tough to have extra cash lying around when you’re planning a move, but I highly recommend accounting a few extra thousand dollars for staging costs when you prepare to sell your house. Not only will you see a great return, but your home will sell faster and attract more buyers. 

 

Whether you’re planning on selling soon or years down the road, it pays to plan ahead. Call or email me for a free, no-obligation pre-sale consultation. I’ll go over your neighborhood, the market, staging, and more. I look forward to hearing from you!

Posted in Selling Your Home
Sept. 4, 2024

Are We Heading Towards a Buyer's Market?

Even though our market is slowing down, I’m explaining why we probably aren’t heading for a true buyers market. 

Have you noticed a shift in our housing market lately? Homes are taking longer to sell, and prices are volatile nationwide. Depending on where you are, prices could start coming down for the first time in years. This has made many wonder, “Are we finally heading towards a buyer’s market?” My best answer is no; at least, not exactly. Instead, I’d say we’re more likely to head to a balanced market where both sellers and buyers have opportunities if they know what to look for. Here are three things you need to know about our market right now to make sure you get the best deal possible, whether you’re buying or selling: 

 

1. Why is our market balancing out? Despite record-high home prices and shrinking demand, prices aren’t falling in most areas of the country. While these conditions might make it seem like we’re heading for a buyer’s market, the truth is that prices are being kept in check due to low supply. Inventory has increased nationwide, but this hasn’t been enough to offset the persistent lack of supply in most markets. If inventory continues to rise, the market could eventually favor buyers; however, low supply and low demand are offsetting each other. 

“We have good reason to believe the market will shift soon.”


2. Condition matters. In the current market, there is a huge gap between homes in good condition and those that need work. Due to affordability issues, buyers don’t have extra cash to make repairs after closing. If you don’t make the proper repairs before listing, you could suffer from a lack of demand that makes it feel like you’re in a buyer’s market. On the other hand, if you work with your agent to get your house ready for the market, multiple offers could come in quickly. You might even create a bidding war! Work with your agent and consider a pre-listing inspection, and you can still get an amazing deal on your house. 

 

3. The market may speed up again soon. While lower activity might make you think we’re heading for a buyers market, we have good reason to believe a shift is right around the corner. Due to worse job reports than expected, most experts believe the Federal Reserve will lower interest rates soon. This will make buying a home more affordable and spur new buyer demand. Tons of would-be buyers have been sitting out of the market waiting for rates to drop, so as soon as the news hits, we could see a fresh wave of demand. 

 

There will be tons of competition when the Fed finally drops rates. If you want to avoid potential rate drops or are interested in a free pre-listing consultation, please call or email me. I am always willing to help!

 

Posted in Buying a Home