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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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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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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What the Government Takeover of Fannie Mae and Freddie Mac Means to Housing Industry In short-term, home sales should improve as mortgage rates fall Washington, D.C. (September 8, 2008) — The federal government’s takeover of secondary mortgage
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HERE THEY ARE... THE LATEST STATS FOR SEDONA.COMPARING THE FIRST 3 MONTHS OF O8 (JAN - MARCH) TO THE LAST 3 MONTHS (MAY -JULY) WE ARE LOOKING UP. I HAVE TO SAY I AM SLIGHTLY OPTIMISTIC.... SLIGHTLY. CONSIDERING THE COMPARISONS WERE PART OF THE DEAD OF
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Well here is the good news... the Sedona Market has increased by 106% between the time period of 01-07. That's great. The bad news is that we are down 15% from last year. So even though Sedona continues to be a great place to buy for appreciation
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