Things have heated up over the last 4-6 weeks in Sedona… there are currently 75 homes in escrow (more than any time since Fall of 2005!) I had a buyer come to town yesterday because he’d been watching a dozen or more homes from afar… and suddenly 11 of them went into escrow or closed [...]
Springtime came to Sedona with mild weather and clear skies - that have changed the real estate market locally. Yes, prices are still very low, but the buyers have come back in force and have been buying the deals around town like no time in the last few years. Activityfree video poker how to play [...]
Experienced real estate buyers occasionally miss the boat when markets rebound - but with accurate information there’s a chance that you too can swoop in on the bottom of Sedona’s market. There are several phases to a real estate cycle - including:
1) Declining prices and increasing inventory (number of homes on the market)
2) Declining prices and inventory levels [...]
>online casino nete are 6 new sales in the local MLS within the last 24 hours - so things definitely seem to be picking up on schedule. Our busy real estate buying season typically starts mid/end of February and goes through the end of May / start of June. We’re right where we should be… [...]
I have attached a copy of three documents released by the White House regarding the new “foreclosure plan” announced yesterday. Technically the name is the Homeowner Affordability and Stability Plan. The first document is a detailed summary of the provisions outlined by the administration yesterday (February 18, 2009). The second document describes how the plan will [...]
The federal gov’t just signed a bill that gives a huge tax break of $8,000 for first time buyers of property like Sedona Real Estate. They define first time homebuyer as someone who hasn’t owned a home for the last 3 years - and there are other criteria (couple must make under $150k per year) - [...]
With any small town that’s bustling with Realtors, there are often claims of “I sold more real estate in Sedona last year than any other Sedona Real Estate agent.” Well, there’s now a website that stays on top of the trends and will show you the best selling agents in Sedona. Take a look to see [...]
The start of 2009 has been begun with a bang… there are seemingly many lookers at the bargains abound in Sedona and our inventory has shrunk by almost 10%. I’ve heard many optimists and pessimists about the market conditions, but I think that we’ve rounded the corner due to the leveling off of inventory over [...]
There’s a new subdivision in West Sedona that launched as the market was going downhill and lots were priced from $495k a few years back. I’m not sure if any of them sold… (maybe one or two) - but the developer really wants to sell and has re-evaluated his pricing and they’re now priced starting [...]
The news is abuzz about the Treasury lowering home loan rates to 4.5% to stem the foreclosure crisis but details have been lacking. The Treasury Department stated it is looking for additional ways to help the struggling housing industry and believes lower rates are needed.
This idea is similar to the November 26th announcement from the [...]