Taos real-estate has never been a market for big-ticket properties.
But that may change this year.
It’s a market that will benefit from some of the same investors that helped propel other cities to the top of the list.
If the city’s real-life residents aren’t moving out of the city, or are moving out, then the real estate sector is going to be one of the most powerful industries in the city.
And if that happens, it’s going to have a big impact on how things are run.
Real-estate agents are the ones who typically make the decisions about who’s buying and who’s selling.
They know who is coming to town, and they know who isn’t.
But they don’t necessarily know who’s moving.
For that reason, there are many people in the market for a house in Taos, a city with a population of just about 300,000 people.
But the market is so saturated that it could become a real-world market for the entire state of New Mexico, said Jason D’Antonio, chief economist for Real Estate Information Network (REIN).
The real estate industry in Tauso, a town of about 40,000, is one of just a handful in the state that can make an impact on the city and its economy.
In fact, it has a very strong presence in the community.
The average house in town sells for about $250,000.
That is more than triple the national median house price of $195,000 in Tallasas.
It also makes up a significant portion of the market in the other areas of the state.
There are nearly 300 homes listed for sale in the Taos area, more than the population of the entire town of more than 1 million.
There are two things that make this market so appealing for investors.
One is the lack of competition, said Mike Loughran, a real estate agent in Taunas.
The other is the affordability of the homes.
The median house in the area sells for $230,000 to $250.
That’s $2,000 less than in other parts of the U.S., according to REIN.
With a higher price, the median house doesn’t have to be that big, which makes it more attractive to investors, he said.
The median house also has to be in the neighborhood, with low prices, for the average homeowner to afford.
That means it can’t be an older home, he added.
It has to have an easy access to parking, which means it also makes it easier for buyers to get in.
There’s no need to build in a lot, he noted.
The other thing investors need to be aware of is the size of the houses.
A typical house can sell for $220,000 or more.
That might not sound like a lot for a person in Tanesville, but for an investor, it can be a huge number, Loughan said.
There have been more than 30 house deals in Tazos this year, he estimated.
That’s the reason REIN is working on a new program called Taos Market Share.
It will target the city with more than 10,000 properties and ask them to sign a letter of intent to sell in the metro area.
REIN also has a database of prospective buyers that includes more than 80,000 addresses and shows where they’re located.
If the properties aren’t going to sell, REIN can offer incentives to those interested in buying them.
A $500 loan, a $5,000 down payment, or even a $1,000 deposit on a down payment can help lure buyers, according to a news release.
It’s a long-term commitment.
To encourage people to move into the market, REI has launched a series of ads that will be running throughout the week.
The ads will target Taos residents who want to buy a home, and will ask them about the property’s amenities.
The advertisements will feature the name of the seller, a description of the property, and a link to a home-hunting website.
They will also highlight the property as one that offers amenities and a lifestyle that are appealing to investors.REIN will also offer discounts to Taos homeowners who sign on to the program, which starts Jan. 14 and runs through June.
The discount is $100 for the first year and $200 for each subsequent year.
The program is being created by Real Estate Investment Trust, a nonprofit group in Tixiana that works to promote home ownership and affordability.
REI also owns a stake in the group.
The program will run through July, said Loughlan.
It is a partnership between REIN and the city of Taos.
Real-time market data is available at: http://reins.realestate.org/Real-Time-Market-Data.