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Affordable Homes Getting Harder to Find

Posted By Wally Reule @ Feb 22nd 2017 12:52pm In: Sedona Real Estate Market News

NBC News recently did a story on how it is becoming more difficult for young people to get into home ownership. I have commented before on the low inventory of affordable homes for sale in Sedona. And, of course, affordability is relative. For someone looking for a second home in a resort destination, $500,000 may qualify as affordable. But for a young family just starting out, that number may be more like $200,000. The Verde Valley offers a wide range of housing, with good values from the $100,000's up to multi-millions. Here is a link to that NBC News article.

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