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Great Sedona Real Estate prices may mean work for buyers
Written by Rick Wesselhoff   
Thursday, 02 December 2010 04:53
There's no doubt that Sedona real estate buyers are getting great deals in the current marketplace - with home prices starting at $200k.  The most popular segment of the market is under $400k - and we've seen a major upswing in activity and a dip in inventory for these homes recently.  These prices reflect a serious shift in pricing and allow many more interested buyers to become Sedona homeowners.  Although distressed properties make up about 19% of our inventory of available homes, they account for almost 40% of sales.  So, you're getting a good price, but there is probably a reason there's a good price - so look closely.  Many homes in the lower price ranges will need some love (call your contractor or handyman) - so be prepared when purchasing these good deals.  Taking into account what it will cost to upgrade these homes they're still a good deal - but be warned... they're selling quicker now than any time in the last few years!!!
 

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About Rick Wesselhoff

RickWesselhoff
Our Sedona Real Estate Blog is writtent by local agent Rick Wesselhoff. Rick is a successful Sedona Realtor® that strives to educate his clients so that they can make informed decisions. Sedona is the right town for him due to the outdoors lifestyle, great people, and sense of community. Visit his website here

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