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Sedona Real Estate Market News

Posts filed under Sedona Real Estate Market News



Timing is everything in this market
Posted Thu, Jun 13th 2013 12:15 am
On Sunday afternoon I got a call from a client who was outside of a property for sale, and he asked me what I knew about it. I replied that I knew that Jan had just sold it two hours before, but if...

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Lots With Views in Sedona
Posted Tue, Jun 4th 2013 11:15 am
I'll be showing vacant land again today, and as always. it's all about the views! Obviously, neighborhood, ease of building and access are all important, but when it comes to land in Sedona, the vi...

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Mortgage Rates at Highest Level in More than a Year
Posted Sat, Jun 1st 2013 6:37 pm
This week the rate on a 30-year fixed rate mortgage jumped .22 percentage points to 3.81%, according to Freddie Mac. That equates to a 15% increase over the record low of 3.31% last November! Price...

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More Good News for Home Sellers in Sedona
Posted Tue, May 28th 2013 1:57 pm
Home prices continue to increase nationally, just as they do in Sedona. An article today in the New York Times reported that recent double digit average increases nationally are the highest that th...

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Vacation Homes in Sedona still a Bargain
Posted Tue, May 28th 2013 1:45 pm
There was an article today on the front page of the USA Business section entitled "Vacation-home prices relax". What it said was that the prices of vacations homes are rising, but they are lagging ...

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Appraisals for Real Estate in Sedona
Posted Sun, May 26th 2013 11:58 am
I recently read an article in CNN/MONEY that said low appraisals are no longer derailing as many home sales. Realistic appraisals are good news for both buyers and sellers, and one of the important...

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The Law of Supply and Demand at work in Sedona Real Estate
Posted Fri, May 24th 2013 7:48 pm
What we are seeing in the Sedona Real Estate Market is text book. Demand is up, supply is down, and so prices are on the rise! When we look at the first four months of this year compared to the fir...

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Median Sales Price of Vacant Land in Sedona up in 2013
Posted Tue, May 21st 2013 10:56 am
Because the inventory of existing homes is so low, we're getting many more requests for vacant land. So I was curious about how sales of lots compare to last year. Looking at vacant land that has c...

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Time for a Vacation Home in Sedona?
Posted Sun, May 19th 2013 9:00 pm
According to Investor's Business Daily, sales of vacation homes are up in spite of stiffer underwriting and down payment requirements. In fact, sales were up over 10% in 2012. If you're considering...

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To Rent or Own? That is the Question.
Posted Sun, May 12th 2013 12:48 pm
According to a recent survey by the John D. and Catherine T. MacArthur Foundation, attitudes about home ownership have changed a lot since the housing crisis. The appeal of renting is increasing. T...

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High Praise for Jan
Posted Thu, May 2nd 2013 8:17 pm
I wouldn't normally put this in the blog, but I want to share something that came from the broker of a different real estate company in Sedona. He said, "Congratulations on this successful transact...

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Record Low Mortgage Rates
Posted Thu, Apr 25th 2013 7:54 pm
Freddie Mac has reported that 15 year mortgage rates have hit an all time low. During the week ending April 25, the rates fell to an average of 2.61%. It's just another good reason to buy a home in...

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Where Have All the Smokin' Deals Gone?
Posted Mon, Apr 22nd 2013 6:56 pm
A client recently told me that he wanted to find a smokin' deal, but was afraid he had already missed them. Well I'm glad to report that there are still some excellent deals in Sedona! They just co...

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Home Buying Tips for the New Market
Posted Fri, Apr 19th 2013 9:48 am
The market has changed for Sedona real estate! Prices are going up, and we often receive multiple offers Sedona homes for sale, so here are some tips reported by CNN Money Magazine. (1) Don't wast...

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Inventory of Homes for Sale in Sedona Creeping Up
Posted Thu, Mar 28th 2013 6:22 pm
As we have reported before, inventory of homes for sale in Sedona are lower than they have been in many years. But they're starting to creep up again as demand is strong and prices are increasing. ...

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More Buyers Enter Market As Prices Increase
Posted Wed, Mar 20th 2013 5:37 pm
Rising prices helped lift nearly two million homes above water in 2012, according to a report released by real estate data firm CoreLogic. Another 5% increase in home prices will bring an additiona...

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Time to Buy Vacant Land in Sedona?
Posted Thu, Mar 14th 2013 4:12 pm
And the answer is an emphatic YES. Inventory of existing homes is lower than it has been since 2005, when the market was on fire. Home buyers are finding it difficult to find the home to meet their...

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Median Home Prices in Sedona Soar
Posted Tue, Mar 5th 2013 4:33 pm
The median sales price for Sedona Homes has risen from $340,000 to $405,000 since just last November 30. The market is hot and the inventory is low, and the longer home buyers wait, the more expens...

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