At the nadir of the “Great Recession” of 2007, nearly eight million American jobs were lost. In November 2011, the U.S. Census Bureau reported that the “mover rate” fell to a record of of 11.6% between 2010-2011. This represented the lowest moving rate since 1948, and more than an 8.5% decline since 1985.
The effects of the recession, which are still being felt today, were so wide-spread that every American was affected in some way. Of course, the extent to which the recession impacted individuals and families depended upon a variety of factors, such as industry, education, career choice, and location. When Americans find themselves searching for the ideal home communities, each of these factors plays a crucial role in their decisions.
For people who are looking for luxury living in the Southwest, a recent edition of Forbes rated Santa Fe as one of the top ten cities for career starters. Additionally, Sperling’s Best Places rated Santa Fe highly in terms of quality of life, citing below average unemployment, and above average job growth, as two prominent factors. Furthermore, home buyers will also find a robust housing market with less than a three percent foreclosure rate.
As is the case in most thriving communities, there is a wide array of homes for sale in Santa Fe to fit a range of budgets. Santa Fe luxury homes are classic examples of luxury living in the Southwest. The weather is warm and sunny, the air is clean, and the community is brimming with diverse cultural activity.
Santa Fe is well-known for its historic architecture and vibrant artistic community. With its thriving economy, rich culture, pleasant climate, and reputation as a top American city, Santa Fe should be on the list of every home buyer who appreciates the finer things in life.
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