Blog
REALTORS® Expect Prices to Increase Modestly in Next 12 Months
The National Association of REALTORS® Economists' Blog just published a post consistent with my thoughts about Flagstaff home pricing in 2014: REALTORS® Expect Prices to Increase Modestly in Next 12 Months.In summary, Flagstaff home buyers should not expect their...
Price Reduced on Great Flagstaff Home!
Great listing in popular Elk Run neighborhood -- wowser! This Flagstaff home has four bedrooms, including three bedrooms on the first floor and a second master suite upstairs. If you don't need four bedrooms, the upstairs will make a fabulous recreation room, art...
Investors’ Share of Real Estate Market Worth Monitoring
More Transactions Are All Cash in Latest Reports Walt Molony, a spokesman for the National Association of Realtors®, says that the association’s estimate of the share of the home sales market made up by all-cash buyers is lower than other estimates, but that it’s...
Case-Shiller: Home Prices Up – MarketWatch
Home Price Boomlet May Be Over S&P Case-Schiller is Wall Street's favorite real estate index. I'm not so crazy about it, partly because it lags reality by more than two months and partly because it draws its data from major cities. Nonetheless, it's worth...
National Home Sales Contracts Up in November
Pending Home Sales in Flagstaff and Nationally Show Steady Real Estate Market The National Association of Realtors® issued its pending home sales data for November, which showed homes going under contract in November in the Western Region of the country at a slighter...
New Year’s Eve in Downtown Flagstaff
Head downtown tomorrow night, December 31st, as once again the countdown to the New Year in Flagstaff will be headquartered at the Weatherford Hotel. The intersection of Leroux and Aspen has become Flagstaff’s “Times Square.” The spectacular, twinkling, 6-foot pine...
Mortgage Rates Won’t Derail 2014 Housing Market – MarketWatch
The home sales market we've seen in 2013 is the home sales market we're likely to see in 2014: Improving but not at a knock-your-socks-off pace Why will the housing sector improve? Because job creation is forecasted to improve a bit (say 200,000 jobs per month instead...
New-Home Sales Post Solid Numbers in November
Nationally, new home sales continued to rise in November although at a slower pace than earlier months in the year. The Western Region of the country, which includes Flagstaff, of course, grew over 31%. New building in Flagstaff has definitely taken off and sales seem...
Looking for a Flagstaff Neighborhood Expert?
Some thoughts on Flagstaff neighborhoods this season It’s often said that the three most important factors in real estate are: Location, location, and location. One of the cardinal rules of real estate sales is to “know your product.” Put those together and it’s...
Home Buyers Grow Frustrated by Low Inventorie
Low inventories of homes for sale remain troubling to home buyers I first wrote this letter of advice to home buyers in October 2012. It's still applies in the current real estate market: Dear Home Buyer, You're getting a great deal on the interest rate. You've been...
