Good News for Sedona AZ: Houses are Selling
Real estate sales are up for January with 49 sales pending, an optimistic sign in hard economic times. The movement of real estate is credited to low interest rates and low home prices. In a recent article in the Verde Independent Beth Adams, president of the board of the Sedona-Verde Valley Association of Realtors, says: “Now is a good time to buy. Interest rates are at historic lows, there is a big selection to choose from, and sellers are negotiable. This makes houses very affordable.”
In the same article Sam Escobedo, 2009 association board member, is quote as saying, “It seems that the biggest fall of the hump of the colossal roller coaster ride is over.” The volatility of the stock market is also helping the real estate market. Location is seen as a key element when choosing real estate, the more desirable the location the more a property will increase over the long run. For now, a positive sign is welcome and 2009 is already a better year for real estate in Sedona Arizona.
For the best in Sedona Real Estate service and knowledge, contact Claudia Ault at 928-301-3016. Click here for a complimentary search of the Sedona MLS and access to all property currently on the market in Sedona AZ, visit www.claudiaault.com.
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