The challenge of making an attempt to make sense of a market in transition, such as were now experiencing in Sedona, is that it tends to not perform in neat, predictable patterns. That's the tale of Sedona Real Estate at the end of the first Quarter of 2013. Different segments of the market are pulling in sometimes opposite directions and even within some of those segments, behavior can be puzzling....
Sedona AZ
Sedona Luxury Houses Market Update After being the doldrums since mid-2007, the market for million dollar houses took off like a shot in the first half of 2011, only to sputter and peter out for the rest of the year. In 2012, the Sedona luxury market seemed to be following the same bust and boom pattern. Powerful start; summer stall. Come fall , however, this year is proving to be different. Were...
Here's an update from our earlier newsletter this month and a link to the national Property Times October Report: First of all, the news closer to home: The real estate market continues to gain momentum. We are now noticeably ahead of the 2006 sales figures for single family homes - and all of the years since, for that matter. On the supply side, inventory remains virtually as low as it was back at...