Sedona Real Estate Blog |
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 Real Estate Experts Discuss trends, opportunities, and gotchas of Sedona Real Estate and Mortgages
Provider: Buyer Brokers Realty of Sedona
Feed Type: Residential
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Most recent items from this feed:
Cheaper Credit Will Stimulate Local Real Estate Market
THE CREDIT CORNER
As I am writing this column, the Economic Stimulus Package has passed Congress and is due to be signed by President Bush this week The housing credit component will raise both FHA and FNMA/FHLMC lending limits based on 125% of our median house prices, with rates currently around 5.5%. According my friend, Dr. [...]
02/21/2008 09:34 AM
A Lovely Day in the Neighborhood - Sun and Great Music
Some people wonder what there is to do in a small town like Sedona - especially in the middle of February; not our peak tourist season. Personally, I spent today trying to recover from my sterling (or was it leaden) performance yesterday in the 5K section of the Third Annual Sedona Marathon. I was in [...]
02/10/2008 09:18 PM
What About Forest Fires?
People, especially Californians, often ask about what sorts of natural disasters Sedona is subject to. Well, write off earthquakes and hurricanes. Oak Creek has been known to flood. I think we’ve had two or three “500 year” floods in the 17 years I’ve lived in Sedona, but we’ve learned how to not build in the flood way [...]
02/09/2008 08:28 PM
How does the Fed?s most recent Interest Rate Cut Effect You?
Hi Everyone:
And what a hump day it is for the real estate community . . . another half point cut by the Fed both in the fed funds rate to 3% and the discount rate to 3.5% ! Our HELOCs and commercial loan rates all go down an immediate .50% as prime rate resets to 6%.(prime still has a [...]
02/09/2008 07:37 PM
Wither the Drought?
Knowing that the Southwest has been in a drought, off and on, for the past decade or so, many people ask about our water situation and how it might affect Sedona real estate and the quality of life here.
Happily, I can report that Sedona has always had one of the best water supplies in Arizona. Located just below [...]
02/06/2008 05:13 PM
Are We at the Bottom of the Sedona Real Estate Market?
“I don’t want to buy a home today, only to discover that it’s worth less six months from now.” Given the dire prognostications from Wall Street regarding the national real estate market and the credit crunch that have appeared regularly in the media lately, that’s a reasonable concern. Why should a buyer rush to make [...]
02/04/2008 07:08 PM
What you REALLY Need to Know BEFORE Buying Real Estate in Sedona & The Verde Valley
by Roy E. Grimm, PhD
“I remember the old days we all worked for the seller and everyone knew we worked for the seller, except for the buyer.” - A Real Estate Instructor on Agency
The normal practice in those not-so “good old days” was that agents working with buyers generally operated in the capacity of Sub-agents [...]
01/30/2008 10:24 PM
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