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I found this very interesting article on Realtor.com site and wanted to send it out to the Internet. I found this very interesting considering the amount of folks going through the whole foreclosure and short sale process. Everyone is always talking about
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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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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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OK. SO WHO KNOWS IF THE FIRST TIME HOME BUYER’S CREDIT WILL BE EXTENDED. IT IS SET TO EXPIRE ON NOVEMBER 30TH, 2009. SO FOR ALL WE KNOW IT MAY BE EXTENDED OR IT MAY NOT. IF THE FEDS HAD 1/2 A BRAIN OF COURSE THEY WOULD EXTEND IT - BUT YOU NEVER
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With a resounding YES! Many of my clients are looking to purchase a condo in Sedona as a second home. And lately, I have been asked the questions... "How is the Condo Market"? Does the upward trend in the home market apply to the Condo Market?
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The Sedona real estate market continues to show signs of recovery with an increase of sales by 23% since 08. Our pending home sales are up by a whopping 150% (which includes foreclosures and short sales). However, of those pending numbers – 80%
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Due to the lower price points in the Sedona marketplace, buyers who have always wanted to live in Sedona and previously couldn't afford it, buyer's who always DREAMED for a 2nd home in Sedona, are now snapping up our low foreclosures and short
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Statistically, we hit bottom on January of 09 with a price point of $341,500. Our solds are now averaging around $430,000. And we have more pending sales now, then we had at our all time high of May 05. 1/2 of those homes currently under contract are
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SEDONA REAL ESTATE MARKET STARTS TO REBOUND! Well some local experts beleive we have hit bottom in our pricing - and from our real estate statistic it seems that we are on the rebound! Currently we have sold 61 properties in Sedona since January with
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I'M BACK. SO AFTER A FAMILY EMERGENCY.... I AM BACK IN THE SADDLE AND HAVE THE LATEST STATS FOR THE SEDONA MARKETPLACE. FORECLOSURE STILL DOMINATE OUR MARKET PLACE. HALF OF EVERYTHING GOING UNDER CONTRACT IS A FORECLOSED OR A SHORT SALE PROPERTY.
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WELL... TOMORROW - TUESDAY FEBRUARY 10TH... WILL BE A TELLING DAY. LET'S SEE IF THE GUYS AND GALS UP ON CAPITAL HILL CAN FINALLY GET IT TOGETHER AND VOTE ON A STIMULUS PACKAGE WHICH INCLUDES HELPING THE HOUSING MARKET. IF YOU HAVEN'T YET.... I
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The Vacant Land Market continues it's Buyer's March. There have been 50 sold lots in Sedona from January to December. That represents a decrease of 21% from 07. The median Sold price is $309,000 - that represents a 9% decrease over 07. There are
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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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