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 … [Read more...] about Real Estate Inventory Rising
Russ Lyon Sotheby’s International Realty
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 … [Read more...] about Projecting Flagstaff Real Estate Trends
Understanding the Home-Selling Process for Success
Selling your home is a big decision and a time that you want to be prepared. In Flagstaff, we are experiencing a seller’s market, meaning that the housing inventory is scarce and there is an abundance of buyers looking to find a home. Compared to this time in 2021, the total active listings in … [Read more...] about Understanding the Home-Selling Process for Success
Flagstaff Real Estate: Is it a Hedge Against Inflation?
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?
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 … [Read more...] about What Realtors Want
To Buy or Not to Buy
If you are an investor or home buyer in Flagstaff and have weathered the storms and purchased a property within the past year, despite competing with multiple offers at relatively high prices, good for you! You probably had to waive or partially waive your appraisal contingency, possibly accept the … [Read more...] about To Buy or Not to Buy
Finding Buyer Success in a Seller’s Market
I always say, we are extremely privileged to live in such a beautiful part of the country. As summer comes to an end and Flagstaff’s sunflowers are in full bloom, I look back on what was one of the busiest real estate seasons of my career. It was a full-blown sellers’ market, where any listing was … [Read more...] about Finding Buyer Success in a Seller’s Market
How to Buy a House Above Listing Price and Appraised Value
In life, and specifically in real estate, it’s all about risk and who takes it. In a typical market, the risk lies with the seller if the sales price for a property may be overpriced for the market. But, this is not your average market. What happened, and why would a buyer today want to assume … [Read more...] about How to Buy a House Above Listing Price and Appraised Value
The Golden Girls of Real Estate Describe the Local Market: Anything Can Happen
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 are sharing their valuable knowledge as “The Golden Girls of Real … [Read more...] about The Golden Girls of Real Estate Describe the Local Market: Anything Can Happen
How Recent Shifts Impacted the Local Real Estate Market
If you could wave a magic wand and live anywhere, where would that be? For me, that answer took the trip off the tongue every time to Flagstaff. My first time in Arizona was for the 1995 Big Sky Conference Indoor Championships in Flagstaff. Bozeman was getting a foot of snow as we skated off the … [Read more...] about How Recent Shifts Impacted the Local Real Estate Market
