In response to the recent uptick in the number of short sales and foreclosures in Sedona, the local Sedona Verde Velley Board of Realtors has added a field to all current listings to show if the homeowner is in some sort of financial difficulty. Now you're able to phone or email your local agent and ask them to make a list of all available "Deals in Sedona".
This list will only feature a small number of homes, but any buyer should be aware that there are low prices on most homes in Sedona due to the high level of inventory and long term potential gains. Indeed, investors and second home buyers are purchasing properties to take advantage of the low prices (some are up to 25% off from prices 2 years ago). It's a great time to be a buyer in Sedona, so if you thought you were priced out of the market a few years ago... it's time to come back and take another look!
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