Yes the national press may be down about the housing market, however every cloud has its silver lining, and in this case the high end real estate market has weathered most of the issues the rest of the nation has seen.

In well sought after high end areas in Arizona such as Sedona, this much is true! In the central Arizona valley there is much hype about resort condominium and condo-hotels as people are chosing high end, high priced real estate as part of a lifestyle choice, as opposed to an investment. With concierge services, sometimes room services it is no wonder wealthy buyers are snapping up resort condos.

Even high end single family homes are being snapped up as buyers are taking advantage of excellent deals with sellers as well as low rate mortgages. Additionally with the Canadian Dollar at parity and the Pound and Euro being strong against the week US Dollar it is no wonder foreign buyers are snapping up huge chunks of US real estate as they can afford to own their own " American Dream" - and not just a little bit, a lot, with many getting a 35-50% discount on property due to a great currency exchange. Now the high net worth individuals from overseas can buy large luxurious property at a bargain price!

If you are considering purchasing a property in Sedona or the surrounding Verde Valley area then please contact Claudia Ault and her professional Real Estate team in Sedona who will be able to assist you in making your Sedona Arizona Property Dream come true!

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