Sedona Real Estate
During the period Jan-Sep’16 residential properties in Clarkdale and Sedona sold for a median price 8.0% and 7.2% above year ago. Sedona is the clear leader in units sold with 408 in the first nine months, 38% of all the Verde Valley. Cornville and Cottonwood continue strong with 4.4% and 2.9% price growth vs. year ago. Rimrock and Camp Verde trailed most of the Verde Valley markets with price growth of only 2.5% and 1.8% vs. year ago. See Video Updates for Sedona and Village of Oak Creek here.
It is likely that the Fed could hike rates before the end of the year as a result of an improving economy, low jobless claims, increasing inflation and housing market strength. This would mean that mortgage rates could start moving up. If you have been holding back on buying a home or refinancing your mortgage, it is still a good time to do so and enjoy the lowest rates we will probably see for a while.
(1) Median Price means that 50% of the sold homes were above this number and 50% below it.
Selling a home can be challenging. Think of this: When playing baseball you know you have to go through all bases before scoring a run. Selling a home is similar, you have to get your home presentable and ready to sell (1st base) then you have to get past the inspection period (2nd base), then past the appraisal stage (3rd base) and finally successfully close escrow (home). I work with you planning ahead each stage of the process, anticipating and addressing potential obstacles so you can safely reach home.
Buying a home is a very important financial decision for a family. For many, once the budget is tied up financially into the purchase of a home, the ability to do other investments is limited. Thus, it is important to look at the home buying process with both the emotional and financial perspectives. I work with you so you can make good money with the right home investment; while at the same time enjoy the pleasures of living in your own home.
If you would like a consultation to discuss your real estate interests please text or call me at 928.821.8552 and download this useful free real estate mobile App: http://m.sir.com/SIR4RE