Realtor Ed Schroeder, from Santa Fe, with Prudential, shows Mark Henley, from Santa Fe, a house in Santa Fe on Oct. 14, 2009. Henley, an Army Vet, is a first time home buyer who is taking advantage the $8000 tax credit. Sales volume in the third quarter continued to slow - except for first-time buyers. As a result, median prices tumbled, down an astonishing 32 percent in the city limits. (Luis Sanchez Saturno/The New Mexican)

Realtor Ed Schroeder, from Santa Fe, with Prudential, shows Mark Henley, from Santa Fe, a house in Santa Fe on Oct. 14, 2009. Henley, an Army Vet, is a first time home buyer who is taking advantage the $8000 tax credit. Sales volume in the third quarter continued to slow - except for first-time buyers. As a result, median prices tumbled, down an astonishing 32 percent in the city limits. (Luis Sanchez Saturno/The New Mexican)