With Sedona being a niche market for luxury property and wealthy investors it has largely escaped some aspects of the housing slowdown, however it is interesting to see that the national housing picture has improved as Realty Times states that data is in showing that even in the hardest his areas, California, Florida, Nevada and Arizona prices have stabilized and no decline has been measured for two months.

This is very much in line with what the National Association of Realtors (NAR) reported, that the market was in transition and is poised for gains in the fourth quarter. In fact they have said in their quarterly report that home sales are up year to year in 26% of all states and 35% of metropolitan statistical areas. All this encouraging news despite a small decline in the median house price nationwide compared to last year.

All in all this is enouraging news showing that now really is the time to buy with great deals to be had and low mortgage rates. Sedona is a great place to purchase a property with some of the most beautiful scenery in the south western US.

If you are considering purchasing or selling a property in Sedona Arizona or the surrounding area then please contact Claudia Ault and her team for professional Real Estate advice for the region. Click here to go to her website: www.claudiaault.com

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