What a difference a year makes. The season has changed to autumn and as the leaves begin to turn, our real estate market is seeing some signs of cooling temperatures as well. Yet, even with multiple increases in interest rates and greater inventory, home prices are still higher, even if not by much, … [Read more...] about Home Prices Still Higher Than A Year Ago
Shea Homes
Great Expectations for a Normalizing Real Estate Market
When you hope for the best yet prepare for all possible outcomes, you have good strategy. Great expectations set the stage for a great performance. What has transpired in real estate in the last several months is the normalizing of the market. Inventory has increased, interest rates have … [Read more...] about Great Expectations for a Normalizing Real Estate Market
Keep Calm and Keep Perspective
While the media has been sensationalizing all topics related to real estate starting to take a tumble on a national and state level, let’s take a look at the numbers and see what is happening from a local standpoint, versus the macro-overview. During the past year in Flagstaff, the median home … [Read more...] about Keep Calm and Keep Perspective
The Path Toward Normalcy
Over the last several months, the market has shifted slightly as it relates to price decreases, enough so that in another month or two, we can call it a trend. During the last two years, the Flagstaff real estate market rarely saw a price drop and, in fact, had price increases and bidding wars on … [Read more...] about The Path Toward Normalcy
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 … [Read more...] about An Epic Year in Review for Real Estate and a Bright Future
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 … [Read more...] about Highest Priced Home Sale in Flagstaff History
