Sedona Buyers market won’t last forever

Published by Rick on Tagged First Time Homebuyers, Home Buying, Mortage Rates, Sedona Market Trends
I’ve included a link to a National Association of Realtors article that sites a nice increase in pending sales in the Western US Region.  Since the West was the first area to really begin experiencing the slowdown it stands to reason we would be the first area to begin the rebound.  One point the article does make is that interest rates may begin to steadily rise.  No reason to panic because it shouldn’t be dramatic but buyers should know that sitting on the fence for much longer will probably cost them real money.  Their have been a number of articles recently that indicated the coastal areas of California were starting to really pick up steam again.  As they go generally we are not far behind.  Encouraging news for sure and yet another indicator for buyers that this great market (for buyers) won’t last forever.
 
http://www.realtor.org/press_room/news_releases/2008/home_sales_may_rise



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