Taos, the Small Town with Huge Real Estate Investment Appeal
Does a smaller community mean better and more stable housing market? We Taosenos believe there are significant market factors here which offer better pricing on existing homes and a better quality of life for residents. Consider Taos for your perfect get-away home, your retirement condo, or starter home casita.
The Census Bureau's American Community Survey collects a wide range of important statistics about communities across the country. A recent housing brief released by the Bureau – which used the survey to focus on homeownership rates and home values across the country – found that small counties fared better following the recession as compared to larger counties. Among the 50 largest metro areas, median home values fell in 43 of them and 49 out of 50 saw declining homeownership rates after the most recent recession. Among counties with populations between 20,000 and 65,000, on the other hand, 66.9 percent had median home values that were not statistically different from pre-recession levels.
With the town of Taos population sitting at about 6000 full-time residents, and the Taos County population of about 30,000, Taos is the perfect place for stable home values, and an excellent quality of life experience. Think about Taos real estate as your next home investment.