The Northern Arizona Association of Realtors (NAAR) recently released annual home sales figures for 2011. Comparisons of 2011 real estate home sales (including Flagstaff, Williams and Winslow) to the previous year revealed some good news for Northern Arizona. “There were lots of positives last year,” said realtor Jeff Ross of Realty Executives Flagstaff pointing to the report. “More homes were sold in 2011 than the previous year.” The number of total homes sold was up 10.6 percent over 2010. … [Read more...] about Real Estate Professionals Point to Silver Lining
low interest rates
September Strong Month for Real Estate
The inventory of available Flagstaff homes for sale plunged over 10% from the first of September to the first of October. It’s not uncommon for listing counts to drop after Labor Day. In Flagstaff, with numbers of homes for sale already low, buyers in the lower price ranges are facing sellers’ market conditions just as they are trying to lock in record low interest rates by buying now. These numbers are for single-family homes. (I’ll take a look at the Flagstaff townhome and … [Read more...] about September Strong Month for Real Estate
