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
Lori Anna Harrison
An Epic Year in Review for Real Estate and a Bright Future
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 some inklings from our recent historic trends that can help shed some light on the distinct probability of where we are headed. Bring your sunglasses, the future of real estate in Flagstaff looks … [Read more...] about An Epic Year in Review for Real Estate and a Bright Future
Series Presenting Opportunities and Hope for Homebuyers
The housing market in Flagstaff is “anemically undersupplied,” says Zion Realty’s Lori Anna Harrison; yet, demand is higher than ever. The unprecedented rise in prices has some wondering whether there hope on the horizon for new homebuyers; are there opportunities for sellers who want to trade up but ponder where to move next; and, is this a good time to invest in rental property or space for an Airbnb? Harrison says the answer to all of these questions is “Yes.” “Lately, there has been an … [Read more...] about Series Presenting Opportunities and Hope for Homebuyers
Dreaming of a New Home for the Holidays
With our bellies full from the Thanksgiving cornucopia, Hanukkah upon us, and Christmas right around the corner, this is typically a time of year where we take a moment to reflect and give thanks. Yet, it can also be a time when relatives visit and we realize we don’t necessarily have the home space we desire. Perhaps a guest bedroom and larger great room for entertaining make it to the wish list. Or, maybe recognizing that a designated office space is in order since the dining room table is in … [Read more...] about Dreaming of a New Home for the Holidays
Highest Priced Home Sale in Flagstaff History
This is a year of monumental firsts in real estate and fourth quarter thus far has been no exception. On Oct. 20, a 7,420-square-foot home with five bedrooms and four-and-a-half baths sold for $5.7 million in Pine Canyon. This is the highest priced home sold in the history of Flagstaff. Prior to this sale, the highest priced home sold for $4.4 million in July 2020. Incredible to consider a $1.3 million, or 29%, difference between the first and second place most expensive homes, especially … [Read more...] about Highest Priced Home Sale in Flagstaff History
Record Setting Summer Real Estate Market Turns to Fall Without Cooling
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 $307 per square foot from March to April of this year. This was a historic first foray into the $300s and it has continued to climb each month since. In August, the price per square foot soared to $336 … [Read more...] about Record Setting Summer Real Estate Market Turns to Fall Without Cooling
