There has been a flurry of real estate activity in our market and the nice weather has further facilitated getting folks out to open houses and writing contracts. We are now back to multiple offers on certain homes, depending on price point and condition. However, what has been a bit perplexing as of late is the historically low absorption rate. For the month of April 2023, there were only 44 single-family homes sold in Flagstaff and for the months January through April 2023, there were only 138 … [Read more...] about Flagstaff Experiencing Pent-Up Demand for Housing