What is staggering this spring and unique about Flagstaff is our housing market compared to the rest of the country. Forbes Advisor reported that “[national] home sales prices fell year-over-year in February – the first time in nearly 11 years.” However, locally, we did not see sales prices decrease, we have actually seen price per square foot increase in first quarter year-over-year. In fact, our average sales price rose from $844,769 in March 2022 to $898,900 in March 2023, which is a 6.4% … [Read more...] about Spring Cleaning, Decluttering to Add Value
AZ Dream Lifestyle
Being Thankful This Holiday Season
As we look toward the holidays and reflect back to take inventory on the year gone by, there is plenty to be thankful for, especially for those of us fortunate enough to call Flagstaff home. While the macro real estate market has made national headlines for nearly the last six months because of the roller coaster caused by increasing interest rates, our micro market here in Northern Arizona has held steady – and normalization is a good look for us. Some data points that might be of … [Read more...] about Being Thankful This Holiday Season
The Path Toward Normalcy
Over the last several months, the market has shifted slightly as it relates to price decreases, enough so that in another month or two, we can call it a trend. During the last two years, the Flagstaff real estate market rarely saw a price drop and, in fact, had price increases and bidding wars on many properties listed. The multiple-offer scenario has not evaporated, but now more than ever, the condition of the home as well as a strong listing price based on comparables in the neighborhood are … [Read more...] about The Path Toward Normalcy
Community: So Much More Than a Four- Letter Word, Home
Community is a beautiful word. Not necessarily because it looks so pretty on paper or sounds so sweet rolling off the tongue but simply because of what it signifies. Connection. Inclusion. Association. The definition of community is twofold. First: A group of people living in the same place or having a particular characteristic in common. Second: A feeling of fellowship with others, as a result of sharing common attitudes, interests and goals. Our neighborhood is one community. Our city is … [Read more...] about Community: So Much More Than a Four- Letter Word, Home
