December Market Trends
Published by Rick on Tagged Home Buying, Mortage Rates, Sedona Market TrendsAfter a social breakfast meeting with a mortgage lender and financial advisor this morning I wanted to pass along some thoughts. The lender mentioned that all of the deals she’s seeing come through the office appear to be the cheapest home or lot available. So, it looks like the investors are coming back slowly… Current thinking is that we’ll see this through 2008 - and the investment advisor expected things to pick up in real estate due to the really low mortgage rates (currently under 6%) The caveat is that the FED won’t keep rates low forever and mortgage rates are low temporarily too - so it gives more incentive to buy SOON!Â
December 8th, 2007 at 11:29 am
If I wanted to see actual sales of building lots, for say the last 6 months, in Cross Creek Ranch, or Jordan Park, or Aerie as an example, how can I find that information on the web?
December 10th, 2007 at 3:36 pm
Unfortunately given our current software it’s not possible for you to search by subdivision, but I’ve done the work for you and I have a report that I’ll email to you shortly. I ran a report for all lot sales in those subdivisions for 2007… check your email box shortly!!! Thanks.