Santa Fe New Mexican

Report: S.F. home sales remain strong

Second-quarter closings up 7.2 percent in city; county prices rise 10 percent over last year

- By Bruce Krasnow

Halfway through 2017, home sales remain robust in the Santa Fe market, with closed transactio­ns up more than 9 percent through June and median prices in both the city and county up over last year’s numbers.

The Santa Fe Associatio­n of Realtors said Wednesday in its quarterly market report that second-quarter sales — in April, May and June — rose 7.2 percent in the city of Santa Fe, with a median price of $325,000, up 7.4 percent from a year earlier.

During this same period, county home prices rose by 10 percent to $465,000.

The second quarter was especially strong for sales of condominiu­ms and town homes, one indication that baby boomers

regulation­s that were overly costly and burdensome to oil and gas operators.

Balderas and Xavier intervened on behalf of the Interior Department in late 2016, defending the BLM’s methane rule.

Since taking office, President Donald Trump has directed all agencies to review any regulation­s that would be cumbersome to industry growth, leading Interior Secretary Ryan Zinke and EPA Administra­tor Scott Pruitt to roll back the methane regulation­s. Both said in early June that they wouldn’t require companies to comply until legal cases were resolved and additional review of the rules had been completed. That would give companies freedom from compliance for at least two years.

Balderas and Becerra argue that the Interior Department’s stay of the BLM regulation is illegal “for several reasons,” including that the regulation is already in effect.

Delaying compliance with the rule also could cause excessive harm to public health, damage to an environmen­t facing the impacts of climate change and loss of revenue from natural gas that is allowed to escape into the atmosphere rather than being captured, the attorneys general wrote in their complaint.

 ?? LUIS SÁNCHEZ SATURNO/NEW MEXICAN FILE PHOTO ?? Armando Bermudez, with Aspen Concrete of Albuquerqu­e, finishes the driveway and sidewalk outside one of the houses under constructi­on at Estancias de Las Soleras in May. A report on quarterly home sales indicates that sales are up 7.2 percent in Santa...
LUIS SÁNCHEZ SATURNO/NEW MEXICAN FILE PHOTO Armando Bermudez, with Aspen Concrete of Albuquerqu­e, finishes the driveway and sidewalk outside one of the houses under constructi­on at Estancias de Las Soleras in May. A report on quarterly home sales indicates that sales are up 7.2 percent in Santa...

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