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I feel like it's Christmas -in November. All through Sedona you see realtors bustling around with clients, their fingers busy writing contracts, submitting offers, homes being exchanged between happy buyer's and grateful and happy seller's
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I DON'T USUALLY RE-PRINT OUTSIDE SOURCE MATERIAL. HOWEVER, I FOUND THE FOLLOWING ARTICLE THROUGH MOVECOM AND WANTED TO SHARE IT. SINCE SEDONA IS PRIMARILY A SECOND HOME AND INVESTMENT MARKETPLACE... I FOUND THIS ARTICLE TO BE VERY ENLIGHTINING. THIS
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Bernake said this past Tuesday - Recession is nearing the end. Home Starts are up. Home solds are up! Home Pendings are up! Unemployment is still high! Stability? Depends on who you talk to - CNN... MSNBC, YOUR FINANCIAL PLANNER, THE CRYSTAL BALL - MAYBE
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In the Sedona Real Estate Market, our market is definitely improving. We are seeing less foreclosures on the market. We only have 23 homes that are foreclosures listed on our MLS. That number also includes condos. Our active listings are down by 27% from
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Happy 4th of July. Well if you want to start your 4th with a BANG buy a homes in Sedona. In many of our markets- Residential Resale, Condos, and especially vacant land - we are seeing prices we haven't seen since 03/04. Close to 40% of our solds are
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Well. the Sedona Home Sale Market Place is slowly inching it's way back up. For the end of May - the Median sold price was $426,000. down by 16% from last year at this time, but up substantially from our record low point of this past January at $341,500
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Everyone Wants a Lower Price, But What About the Impact of Interest Rates? When shopping for a home, the natural tendency of any buyer is to want to pay the lowest price possible. It's important to keep in mind, however, that the sales price is not
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Sedona AZ Real Estate has had and continues to have its' share of Foreclosures and Short Sales undervalue our marketplace. Since the 1st of January 40% of our sold homes are either a foreclosure or a short sale. AND of our homes currently under contract
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The Sedona AZ Real Estate Market is seeing a strong buyer's market in the Vacant Land Arena. Currently there is a 7 year supply of vacant land on the market. What does that mean? It means that there is such an oversupply of land on the market, with
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WELL, OUR MARKET IS HITTING UP - WITH MORE HOMES GOING UNDER CONTRACT SINCE 2006. IN FACT PENDINGS SALES ARE TRIPLE OF WHAT THEY WERE SINCE THIS PAST DECEMBER. WITH THE FEDS FINALLY GETTING IT RIGHT BY HELPING BANKS SHED THEIR TOXIC ASSETS - BANKS CAN
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Well.. it has finally happened. The Sedona Real Estate Market has bottomed out. That happened in January at $341,500 - for a median price. Currently for the Months between January and March of 09 - Median Price Point is $427,000. We are having a significant
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The big news in the Sedona Real Estate Market for 2008. The entire area is being hit very hard by foreclosures - for they pull the median sold price downward! And lenders are really slashing these homes to get them off the books. 65% of the homes being
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Things continue to shake out and shake down around the US economy - it doesn't spell a great time to sell. Having said that... if you are a Sedona, AZ seller who has equity - price the place to sell, sell, sell!!!! It has to be ahead of the market
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