Looking back at the wild ride of the home-buying frenzy during the past three years, skeptics had warned prices could not keep going up, demand would have to level off, and certainly we should all be wary of the “bubble,” that, when popped, would cause home values to come crashing down. But despite … [Read more...] about Summer Residential Real Estate Market Going Strong in the Sweet Spot
Flagstaff Real Estate
The million-dollar question asked most frequently regarding real estate as of late is: “Will homes continue to sell at these prices and at this pace for much longer?” Although the answer is complex because of many factors, the short answer is “yes,” barring a world war or unforeseen natural … [Read more...] about April Showers Bring Record-Setting Spring
Some may say the current Flagstaff real estate market is “hot” for sellers, but how will it look come spring or summer? A crystal ball would be nice to have right about now, right? But without a crystal ball, world events and unforeseen affairs can materialize and change any, or all, of the … [Read more...] about Projecting Flagstaff Real Estate Trends
Welcome to our 2022 Flagstaff real estate phenomenal seller’s market. Forecasted to surpass our 2021 real estate sales prices, even most seasoned realtors are surprised at our wild paced sales. Properties listed in the $600,000 to $900,00 range are receiving 18 to 20 offers within days of publishing … [Read more...] about Flagstaff Real Estate: Is it a Hedge Against Inflation?
As we welcome 2022 and excitedly look toward the future, there is knowledge that 2021 represented a year of extraordinary significance in real estate from every standpoint. Although no one has a crystal ball accurate enough to predict where real estate will go during the upcoming year, there are … [Read more...] about An Epic Year in Review for Real Estate and a Bright Future
In these unprecedented times, the real estate market in Flagstaff is at an all-time high from just about every metric we can measure. The 2021 summer season was sizzling, with the average price per square foot of a single-family (detached) home crossing the threshold from $292 per square foot to … [Read more...] about Record Setting Summer Real Estate Market Turns to Fall Without Cooling
As the sun begins to set on yet another year, what did we learn from the real estate market in 2015? Depending on how you look at it, 2015 was a good year for real estate. It was steady, it didn’t explode to an all-time high and it certainly wasn’t the lowest of lows. From what the stats are … [Read more...] about What Real Estate Trends Can We Expect for the New Year?
It’s being called a “seller’s market” right now. Is it? Kind of. It’s also a buyer’s market right now, too, since there is more inventory. Are you paying a bit more than four years ago? Yes, but there is more to choose from and interest rates are good. No question about it, homes are selling … [Read more...] about What You Need to Know to Gain Top Dollar for Your Home
Everyone seems to be saying the housing market is improving, but what does that really mean for Flagstaff home sales in 2013? I still think I’m going out on a limb to say we’ll see price increases, but it’s a strong limb that I’m willing to climb onto. But I say that with a firm note of caution: 1% … [Read more...] about Signs of a Flagstaff Real Estate Turnaround