Positioned atop the mountains in Hassayampa Prescott, an 8,639-square-foot estate is being called “the epitome of elegance” by realtors at Russ Lyon Sotheby’s International Realty, with “every window offering breathtaking views, and every room exuding comfort through elegant design,” says the promotional material. “Hassayampa Masterpiece,” as it’s being called, is “the star” of the firm’s gallery of Prescott homes, priced at $4,995,000. “The epitome of refined living, Hassayampa Masterpiece is … [Read more...] about Realtors Promote Prescott’s ‘Most Picturesque Estate’
Russ Lyon Sotheby’s International Realty
Asking Questions, Exploring Resources, Using Professionals When Buying, Selling a House
Flagstaff is a small mountain town that is both a tourism and education hub of Northern Arizona. Increasingly, there have been a flood of implants from all over the country, which has further contributed to the diversity and growth of this community. Census data from 2020 shows the population here is 76,832 and growing at a rate of 1.41% annually. From the 2010 Census to 2020, Flagstaff gained 10,961 people. These numbers are not necessarily considered astronomical, but comparing the numbers … [Read more...] about Asking Questions, Exploring Resources, Using Professionals When Buying, Selling a House
What Do You Mean the Seller Financed?
Happy Holidays, Flagstaff. Anyone who has been paying close attention to the real estate market in 2022 is a witness to the roller coaster ride buyers and sellers have been on. Flagstaff is still holding on to some pretty big gains from 2020 to early 2022, despite prices currently tapering off. Now, though, buyers have slightly more inventory to choose from and as a result, they have negotiating power, something that was unheard of this time last year. Time will only tell what happens with … [Read more...] about What Do You Mean the Seller Financed?
Sharing Sizzling True Stories from Real Estate Agents
At the core, the real estate process of buying and selling relies on a trusting relationship for all parties. With showing homes or preparing homes for sale, we are bound to run into a few stories that are odd, shocking and downright funny. It seems like every realtor has a few good stories to share, like walking in on naked sellers, neighbors that want to tell you all about the home (good and bad), renters that have an ax to grind with the seller, sellers that don't leave during each showing or … [Read more...] about Sharing Sizzling True Stories from Real Estate Agents
What Realtors Want
You may see real estate sales professionals with a different perspective than mine, particularly if you are not one yourself. You may see our local Flagstaff realtors as salespersons you can call for information and prices for listed properties around town, or maybe show you a house or two, and even write an offer on your behalf. After all, how hard could it be? After 90 hours of pre-licensing, you take a state and local test and BAM- you are a realtor. I know, because that’s what I thought too, … [Read more...] about What Realtors Want
Seven Home Staging Mistakes to Avoid
Looking to sell your home this fall or winter? Here are some tips on how to prepare your home to hit the market. According to the National Association of Realtors, in 2021, 95% of buyers used the internet to assist in the home-finding process. In this digital age, getting someone to stop browsing and click on your home photos and video is the first big step in the home-selling process. The photo/video is also what gets the consumer interested enough to ultimately schedule a showing. A home … [Read more...] about Seven Home Staging Mistakes to Avoid
What Are You Waiting For?
Summertime is Flagstaff’s busy real estate season, and what an exciting selling season it has been so far! There have been many interesting changes in the Flagstaff real estate market this year, and it seems to be evolving on an almost daily basis. Here are just a few examples: interest rates have continued marching forward. Higher interest rates affect a buyer’s purchasing power. Inflation and even gasoline prices have an impact on real estate prices as well. And then there is the whole supply … [Read more...] about What Are You Waiting For?
Golden Girls of Real Estate: The Value of Support Through Up and Down Markets
Realtors Rosemary “Rosie” Lamberson and Freddi Paulsrud of Russ Lyon Sotheby’s International Realty are seasoned experts in Flagstaff’s dynamic real estate market. With 80 years of experience between them, Rosie and Freddi share their valuable knowledge as “The Golden Girls of Real Estate.” Rosie: We’ve been with Russ Lyon Sotheby’s for quite a few years now and with all the changes that have happened in the real estate market, especially most recently, we recognize the value of having a … [Read more...] about Golden Girls of Real Estate: The Value of Support Through Up and Down Markets
Real Estate Inventory Rising
The last two years have been hard for buyers, to say the least. Reports of a buyer making an offer on more than 10 properties before they were finally successful were not unusual, nor was being beat out in situations where eight, 12, 15 offers were being made on the same house. Low inventory was primarily to blame for this and, in the first quarter of this year, concerns about anticipated interest rate hikes may have further fueled the red-hot seller’s market. Waiving contingencies such as … [Read more...] about Real Estate Inventory Rising
Projecting Flagstaff Real Estate Trends
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 following anticipated trends. Specifically for Flagstaff It is predicted by industry experts that 2022 will continue to be a healthy seller’s market and that home values will continue to appreciate. … [Read more...] about Projecting Flagstaff Real Estate Trends
