Welcome to Taos
The Lora Company is a boutique brokerage with four highly skilled brokers who prioritize service to clients and managing the details of the real estate business.
We work with all of our clients to meet your individual needs through trust and understanding, ensuring strong relationships for years to come.
Taos Real Estate
Market Reports
Get the scoop on the current Taos Real Estate climate from experts with over 50 years’ combined experience serving clients just like you. Our monthly Market Reports offer valuable insight and analysis of current trends.
Third Quarter 2024
Through the first nine months of 2024, the number of sales of Single-family Homes, Condos and Land are all down compared to 2023 for the same time frame. The market deceleration that began in 2023 following the 2020-2022 super-hot market has continued. House prices that are 40% or more higher than than they were four years ago, interest rates 3-4% more than what people had got used to, preoccupation with the November elections, and concerns about the economy, increasing government debt and the tense geopolitical situation, have all combined to dampen interest in real estate.
First Half 2024
The slowdown that began in 2023 has continued into 2024. After explosive growth from mid-2020 through 2022—which was fueled by ultra-low interest rates and the Covid pandemic shift to work from anywhere—the market has decelerated. The market had got so hot that some pullback was inevitable. Several factors have conspired to dampen buyer enthusiasm for real estate. Read the full report to understand what’s going on in the market.
First Quarter 2024
Through the first three months of 2024, the market is mixed–some segments are down, some are up. Sales of homes and land are down, but condos, multi-family and commercial are up. 2023 was a year of retrenching and stabilizing after the red-hot market of 2020-2022. What will the rest of 2024 look like?
The Full Year 2023 vs. 2022
2023 turned out to be a year of retrenching. Compared to 2022, sales were down markedly, with the number of sales and the dollar volume down in all categories of property. In all but a few cases, sales were below last year’s in every month. For the total market (all categories of property), the number of sales was down 28%; dollar sales were down 31%.
The Year 2023 Through October
The Taos real estate market has cooled off from the super-hot conditions of 2020-2022—but it is still strong! Read more to learn what’s happening with prices, inventory, days on the market, and more.
Love Letters to Taos
Every month, we at the Lora Company pick our favorite places and things to do here in Taos and write a little feature. These are our personal recommendations from living here for years and sharing in the activities of our vibrant local community. Check back each month for new features spotlighting our favorite local restaurants, galleries, events, and other things to do and enjoy all around Taos County.
Meet Our Brokers
The Lora Company’s talented team of experienced brokers ensure that your needs are met. We listen intently, we communicate, we pay attention to the details. We think like our customer and we put your wants and needs before our own. Contact us and let’s get started selling or purchasing a home with the Lora Company today.