Warning: include(/var/www/rrnweb/includes/joomla_init.php): failed to open stream: No such file or directory in /home2/rrnews/public_html/templates/redrocknews1.5/index.php on line 328

Warning: include(): Failed opening '/var/www/rrnweb/includes/joomla_init.php' for inclusion (include_path='.:/opt/php54/lib/php') in /home2/rrnews/public_html/templates/redrocknews1.5/index.php on line 328

Breaking News:

Close

Online Poll

How much will you spend on holiday gifts this year?

Sponsored By:

Tlaquepaque Village

Chavez Ranch subdivision nears final hurdles

Chavez Ranch subdivision nears final hurdles

The U.S. Forest Service is analyzing a proposal that would improve a portion of Chavez Ranch Road to accommodate a 38-home development just beyond Sedona city limits. The proposal also...

I ran the monthly stats yesterday and found that we're up about 10% in inventory across the board (comparing April to May)- both homes and lots... which is yet another good sign for buyers.  The market continues to move along at a decent pace - with buyers snapping up great deals in every price range.  I've heard that the lending industry is about to get easier for Sedona buyers... Yavapai county will be upgraded from a declining market on June 1st.  That means that the you'll be able to pick up properties with less money down than you can right now.  Talk to your lender or read Eric's posts on the Red Rock News Mortgage News blog to see if he has something to say about this.  There's as many new sales today as new listings... that hasn't happened recently.  That shows that we're still in our busy spring period - there were 6 new sales in town yesterday/today.  Another bit of good news (for one segment of the market at least) is that there are currently 3 homes over $2 million in escrow.  That bodes well for the health of the market... as does the high activity level in the lower price ranges (sub $400k)

Leave your comments

0
terms and condition.
  • No comments found

Other Headlines

Lear to headline Wisdom Days
Lear to headline Wisdom Days

What do you get when you bring together a television icon, an Olympic gold medalist and a Grammy-win [ ... ]

Helicopter will transform into sleigh
Helicopter will transform into sleigh

The Sedona Red Rock News is about to share a secret, something the children of West Sedona School wi [ ... ]

More News

Latest Sports

Scorpions boys soccer game postponed

The Sedona Red Rock High School boys soccer game scheduled for 3:30 p.m. Friday, Dec. 19, against Valley Lutheran High School has been postponed. Head Coach Cindy Hauserman hopes to reschedule...

Sedona Weather

Fair

47°F

Sedona, AZ

Humidity: 41%
Wind: N at 0 mph
Saturday
Sunny
33°F / 54°F
Sunday
Mostly sunny
38°F / 60°F
Monday
Sunny
37°F / 65°F

Sedona Gas Prices

Lowest Gas Prices in Sedona
Sedona Gas Prices provided by GasBuddy.com