Housing starts remain low, and so does builder confidence. Construction of new homes fell .6 percent in January according to the Commerce Department. HOWEVER, I would like to add a positive spin here... THIS IS GOOD! There are too many homes on the market, this is a wise decision on the part of builders and allow the market time to absorb the existing inventory. Stay tuned for Santa Fe market updates...

Santa Fe continues to grow! As many know and are anticipating, the railyard is expected to have many businesses opening as soon as this summer. Likewise the new, downtown Convention Center is expected to be completed by the end of 2008. However, few are aware of the Cerrillos Rd. Reconstruction Project. Plans include new roadway pavement, but also much more... bike lanes, a bus lane, desperately needed storm drains, landscaping, sidewalks and bus stops. The swank isn't stopping downtown. The city different is also the city beautiful! Check out my website, www.emilygarcia.com, the comprehensive Santa Fe site.

Sub-prime mess ... How did it happen and what does it mean? What is fear and what is real? Read my newsletter discussing the subprime mess impact both nationally and in Santa Fe. On my site there are many other articles discussing relevant market issues in Santa Fe.

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