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I received this following from a wonderful friend of mine who is a local lender in the Sedona Real Estate Market - Lindar Rogers (928) 301-0822 and I would like to share it with all of you. I was talking to two agents today about how we have come to view
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Latest Market reports show that the Medain Sold price in Sedona is ONLY down by 10% from this time last year. That number is better news - for previously it had been down by 30 - 40%. Since 1/1 - 58% of those solds were motivated seller's keeping
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Here is a GREAT article about "The Shadow Inventory" of Foreclosures that many people are talking about. Now I have taken this DIRECTLY from Realtor.com and I am sharing it cause I find it quite useful. For all your buying or selling needs,
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Well, today the House approved the tax credity extension to give home buyer's until September 30th to close on eligible properties and still qualify for the home buyer tax credit. The current deadline requires buyers to close by June 30 (tomorrow)
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Well so far the stats for this spring are wonderful in all sectors. In our single family homes the number of Solds were up by 86% from this time last year. With 44% of those solds being either a foreclosure or a short sale. The median price point has
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Foreclosures represent 37% of ALL of Sedona’s Sold homes and “Short Sales” representing 10% of our SOLD market. So in actuality, you could say almost ½ of our sold inventory is either a foreclosure or a short sale. Foreclosure
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As far as our Sedona Real Estate Market is concerned - I feel sorry for seller's. I do. It's hard being a seller today - trying to sell your home in Sedona with all the competition and with foreclosures representing only 7% of the active listings
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Sedona Homes continuing to be selling quite well since the prices have dropped. When buying, remember that you may qualify for a Tax Credit. Up first is the popular $8,000 tax credit for first-time home buyers. Originally scheduled to expire on November
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Well, with all the foreclosures surrounding our country - I have been saying for months that the only way out of this thing is for the FEDS to step in and re-tool everyone's current mortgage - otherwise, why should ANYONE Hang onto a home that they
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Well First, Happy New Year to All. It is going to be a heck of a ride this year in the Sedona Home Sale Market. My title doens't really speak well for seller's who own their own homes. I can tell you that 40% of the homes sold in Sedona - were
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The average interest rate for 30-year mortgages has fallen to the lowest level since Freddie Mac began compiling its weekly survey in 1971, declining to 4.71 percent this week from 4.78 percent a week ago. That is great news for the entire real estate
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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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THE DEFINITION OF A SHORT SALE 101 - SELLER OWES MORE THAN THE HOUSE IS WORTH AND HIRES A REALTOR TO LIST THE HOUSE AND SOLICIT AN OFFER BASED ON THE CURRENT FAIR MARKET VALUE OF THE HOME. OFFER COMES IN AND SELLER PROVIDES FINANCIAL, OR MEDICAL DOCUMENTATION
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Sedona Real Estate Market Overall The Sedona Real Estate market continues its buying frenzy in the mid to lower price sector. In this past 3rd quarter alone, our sold volume was up by a whopping 62% from last year, with Foreclosures or Short Sale accounting
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