Phone 928.300.1699
Email

Russ Lyon | Sotheby's

Quick Search











Search Properties

How Low Oil Prices Will Affect Sedona Real Estate

Posted By Wally Reule @ Feb 2nd 2015 6:49pm In: Sedona Real Estate Market News

Today I read an article by Bernice Ross in Inman.com, looking at how lower oil prices can affect the real estate market. The bottom line was that it depends on which segment of the market you're talking about. For Millenials it's good news because they have more cash available to pay down student loans and save for a down payment on a new home. For mom and pop investors it will probably be good because they will not be competing as much with institutional or foreign investors. And for the luxury market, a stronger dollar will put a damper on sales in that sector. To read the whole article go to Inman.com


Share on Social Media:

Comments (0)

Comments have been closed for this post.
Please contact us if you have any questions or comments.