Funny market

I’m beginning to think that now is not a particularly good time to buy a house in New Mexico. The market just doesn’t feel good to me. I’ve certainly worked in harder markets – for example, the California Bay Area in 2012. But it feels a bit off. There’s a lot of overpriced undesirables that are just sitting on the market. There’s very few good houses – and those are selling quickly.

In a healthier market I’d expect to see a higher percentage of decent houses, and a more reasonable time on the market – like a bell curve with most houses going pending after a couple of weeks. Instead it’s polarized; one day or over 150 days.

And I’d like to see people doing a better job of getting their houses ready for the market. It feels stressed – like they didn’t have the time or money or inclination or understanding that they should weed the front walk and sweep the entryway.

It has an odd feel to it. But then, New Mexico is odd in a bunch of ways.

What do you think this is? It sort of looks to me like a garage with a marble floor. Like, seriously? John thinks it’s just an epoxy coat. (We did not actually look at this house, and are not going to, so we will never know.)

And what would this be? What are we looking at, some sort of big rock thing in the living room? There’s already enough rocks outside guys, believe me.

It’s a strange looking house from the outside too. Maybe it’s a second story afterthought squashing that marble-floored garage?

They’re asking over half-million for this house, and it’s not even Santa Fe, it’s just Albuquerque. And I’m like, you have got to be kidding me.

At any rate, I’ve looked online at pretty much everything in the state, and there’s nothing I currently want to buy. That could change suddenly! It only takes one house. But not this one.