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This is a beautiful home, and it won't be on the market for very long.

10655 E Willow Drive
Cornville, AZ

MLS# 511768 - Residential

This true Spanish Hacienda,surrounded by the rugged beauty of the high desert, will delight the Buyer yearning for old world charm, privacy,tranquility & elegance in their every day surroundings. Every thing about this 3000+ sq ft home, with 3 bdrms, 2.5 baths says ''Quality''. Custom stucco walls guide you through the landscaped circular drive to a 3 car garage. Towering clerestory custom T&G ceilings fill the open living area and mini-library with light. Home has 3 fireplaces, (2 are Kiva), rich satillo tile flooring throughout & a split log beam c...

If  you have been following the issue of whether or not to allow short term rentals in the Village of Oak Creek, you may be interested in this article that recently appeared in the Red Rock News. Click on Short Term Rental Questions and you will see that there remain some unanswered questions.

After a slow start if 2016, the Sedona real estate market has been very active. Price per square foot is up significantly in the last quarter of this year. Maybe people are just glad the election is over, regardless of who they voted for. We expect this trend to continue and to have a very strong first quarter in 2017.

I just read a very interesting article in the Wall Street Journal that says that home prices are finally back to the highest level they enjoyed before the start of the bust. Sedona is still far from that level, so there are still some very good deals to be had here. To read the full article, click here.

This will be a major housing development on State Route 89A on the way from Cottonwood to Jerome, and it is expected to take 7 - 10 years to complete. It will feature nearly 500 homes, open and recreational space and hiking trails. The Planning and Zoning Commission discussed and approved the design review for the first phase, including the Vineyards’ preliminary plat for a 41-lot single-family (Craftsman-style) residential subdivision. The preliminary plat for Phase 1 must go through a staff and agency review, and Planning and Zoning public hearing, and be reviewed by City Council. Exciting things happening in Cottonwood!

Last month i wrote a blog about an upcoming vote by the members of the Village of Oak Creek Association on whether or not to allow short term rentals of less than thirty days. Well, the results are in and the association did indeed ban rentals for less than thirty days. That doesn't mean that a tenant has to stay the full thirty days, but it does mean that you cannot have more than one tenant in any thirty day period. Although it does put a damper on Vacation Rentals by Owner, it just means that investors need to consider this in their assumptions when calculating a rate of return.

Well, the bottom line is that since the election, they've been going up! But why? Investors expect that the new administration will increase fiscal stimulus, which will be good for stocks but bad for bonds. These changes will increase the risk for inflation in the future, and higher inflation reduces the value of cash flow from bonds. So investors will demand a higher yield, which will lead to higher mortgage rates. Interest rates will still probably remain on the low side compared to historical rates, but they're definitely on the way up for now.

As of the end of October, the number of single family homes under $1,000,000 sold is almost the same as last year. We've sold a total of 345 compared to 342 last year. However, the median recorded sales price jumped from $434,000 to $475,000. Luxury Homes and vacant land remain sluggish. For more information, go to our Market Statistics Page.

This is a home with numerous upgrades and great views. Contact us for a special showing.

235 S Desperado Drive
Cottonwood, AZ

MLS# 511577 - Residential

Prepare yourself to be amazed!!! If big views, privacy, quality appointments, open architecture, a 3-car garage, & SOLAR are on your must have list - - then this home is a MUST SEE!! The owners have taken meticulous care of this home and invested serious dollars into the landscaping and fenced in back yard. The elaborate outside kitchen/grill provides you with year-round entertaining options. The solar system is paid for and will practically make your electric bills disappear. Beautiful tiled floors, custom counter tops, and art n...

We love helping our clients make their Sedona real estate dreams come true, and it's nice to be recognized for the high level of service that we provide. Here is what another happy client had to say. 

"Wally and Jan were the most professional and amazing real estate agents I have ever had the pleasure of working with. I have bought and sold a few different houses over the years and Wally and Jan really showed me how the best of the best operate. There was a lot of interest in the home I wanted to purchase. I credit Wally and Jan for making sure I was the person who got the house. They worked quick to get my offer accepted. In the end, there were quite a few back up offers on the house! A...

As I have reported in the past, Arizona Senate Bill 1350 banned the imposition of restrictions on short term rentals by local municipalities. Sedona had such a law in place, but that will no longer be enforceable at the end of this year. Now the only way to impose a ban is through a Home Owners Association. If such a ban is already in place, it's not an issue. But if it is not, the only way is to amend the HOA Declarations, which will require a statutory higher vote than a simple majority. The Village of Oak Creek Association has scheduled such a vote for November 10. It will be interesting th see the result.

This lot in the very desirable Thunder Mountain Ranch is priced to sell! The seller has told us to sell it, and lowered the price to just $97,500. Make an offer and build your dream home in this terrific neighborhood.

2895 Thunder Mountain
Sedona, AZ

MLS# 510650 - Land

Have you ever dreamed of living in one of Sedona's finest communities, close to all amenities, in a home surrounded by native trees, lush green vegetation and within walking distance of hiking trails & the National Forest. Then search no further. A gentle, sloping drive to an easy to build, flat area will keep construction costs low. Spend your days watching the sun play off of Thunder Mountain, Coffee Pot and the ...

In case you didn't already know this, Wally sings in a barbershop chorus named Harmony on the Rocks and a quartet named Custom Blend. Their annual show is this coming Sunday, October 23 at the Church of the Red Rocks in Sedona. In addition to singing, Wally also wrote most of the script. It will be a great show, but get there early because admission is free, and the best seats will be gone thirty minutes before showtime at 2:00pm.

Our local real estate market remains relatively flat compared to last year. The first half of the year was very slow, but things have picked up. The number of vacant lots sold has finally caught up to last year, but remember that 2015 was very slow compared to 2014 in that area. And while the number of lots sold has gone up, the median sales price has gone down by 4.8%. The other area that is lagging is the sales of luxury homes. Prices haven't changed much, but the number of sales of homes over $1,000,000 is down to 12, compared to 21 in the same time frame last year. For more stats, go to our Market Statistics page.

The 8th Annual Sedona Winefest takes place on September 24-25 at Posse Grounds Park. Come and enjoy the fun featuring live music, vendors, and tastings of wines from 19 wineries from Northern and Southern Arizona.  The weather is expected to be perfect, with sunny skies and temperatures in the low 80s. For more information go to SedonaWinefest.com

This festival spotlights the energy of the child within; the spirit of imagination through reading. Creating the illusion of somewhere. A place where the story flows with ideas, character and visual images. It will run from Sept 9-11, and promises to  be a great event. For more information go to http://sedonabookandartsfestival.com/

Our local real estate market remains relatively flat compared to last year. The first half of the year was very slow, but things have picked up. The number of vacant lots sold has finally caught up to last year, but remember that 2015 was very slow compared to 2013 in that area. And while the number of lots sold has gone up, the median sales price has gone down by 7%. The other area that is lagging is the sales of luxury homes. Prices haven't changed much, but the number of sales of homes over $1,000,000 is down to 11, compared to 19 in the same time frame last year. For more stats, go to our Market Statistics page.

It's starting to feel a lot more like Fall in Sedona. It's been a great monsoon season, and now the mornings are cool enough to invite a morning run. So why not challenge yourself this year by entering the Sedona Marathon Event. It's more than just a marathon, as several distances are offered against a spectacular backdrop. Registration starts Thursday, September 1. Just go to www.sedonamarathon.com to reserve your number!

This home was temporarily off the market while the sellers made improvements to the decks overlooking Oak Creek. It's back, at the same price, and it's better than ever!

4426 N State Route 89A #12
Sedona, AZ

MLS# 507113 - Residential

If your dream is a cottage ON THE CREEK ...to sit high amidst the sycamore trees on your private decks watching the sunlight glint off the creek below...then be sure to see this move-in-ready, hybrid-mobile home TODAY!! NOTE: Residents own a 1/18 stock ownership in corporation that owns the 2 acre parcel the park sits on. Enjoy relaxing on one of 3 deck areas, or follow the steps to the creek & watch the Herons fish. Home has both air conditioning & ...

Here is our newest listing. It can be a starter, a vacation getaway, an investment, or any combination of the above.

25 Redwing Lane
Sedona, AZ

MLS# 510839 - Residential

Nestled in the pines, with towering red rock views, this private, peaceful setting speaks to the person who wants to be close to all that Sedona has to offer, but not a part of an HOA. Cathedral ceilings & walls of glass are your window to the beauty of nature that surrounds this home. Appliances are new, tile floors throughout, windows with sun screens and plenty of space for parking, i.e. upper drive way, car port, and additional parking to left of property. Main home could easily be converted to 2 bedrooms and...