All you need to know about Sedona Real Estate and Sedona Homes for Sale

Sedona Vacant Land prices have dropped by 8% year over year.  With current pending prices at par with the median sold price of $150,000 from last year, prices will move up SLIGHTLY by years end.  However, we have seen a lag in the vacant land market for the last two years and it hasn't improved like the Sedona Homes for Sale Marketplace.  If you are looking for an investment property, or have always wanted to build your dream home in Sedona - now would be the time to take advantage of the continued low pricing.  We have 316 active listings.... WOW.  Compare that to just 259 active home listing and you can see what a buyer's opportunity it is.  Cash is still King - as lending is hard to co...

barbara@barbarabaker.com

Buyer BEWARE and do your Due Diligence because of the new TRID (Truth in Lending Act) passed on October 1, which are new closing disclosures mandate by the feds. So NOW when you buy a Home anywhere in the Countyr, not only in the Sedona Real Estate Market, Lenders must now provide a new disclosure form explaining the loan estimate to the home buyer within three business days of applying for a loan. This new disclosure form combines the Good Faith Estimate (GFE) and the Truth-In-Lending disclosure in a MUCH shorter form to make it easier for the consumer to understand the mortgage loan’s key features, costs and risks from the beginning. Also, the lender must now p...

It was bound to happen! Sedona Condos and Townhome prices in Sedona have risen by over 12% year to date.  It seems to be one of the hottest inventories in the Sedona Real Estate Market.  In Sedona the price point of f$250K- 400K is the hottest market with more units selling in this market than any other - In fact 146 so far this year!  Don't miss out!  For all you buying needs in the Sedona Condo Market please call, text, or email me here. 

The Sedona Home Price has increased over 2014 and I foresee that trend to continue. So if you are thinking of jumping into the Sedona Real Estate Market, I would suggest you run and do it NOW.  Since 2014 - the under 500K has increased 6-10%, 500K-$1M - 3-6%, and in the 400K and under - it is becoming a SELLERS market.  When have we seen that?  Not since the old days.  So get off your horse and go buy! Call or text 928-301-0669, or email me at my website at www.sedonahomesweethome.com

With the current roll coaster ride of the stock market in the last few days, there is lots of questioning from my clients if the raising of interest rates will effect the Sedona Real Estate Market.  Since Sedona is a secondary market with the majority of our home owners as second and third home buyers - any kind of flux in the interest rates usually does effect our market.  Typically we have 1/3 of our buyers who lay down cash - and the wild ride of the market does effect their discretionary money.  But when the FEDS raise interest rates ( and my crystal ball is broken - but if I was a betting person - I would say they are going to raise them slightly) it has an impact on Sedona homes for...

When buying a Home for Sale in Sedona potential buyers should take into account a few things in regards to when they want to resell their home.   Yes, I have heard it before.  "We are never going to leave"", "This is our last home", "This has always been my dream, and I will live here till I die".  Well, the majority of Sedona Buyers who Buy Sedona Real Estate sell their property on average every 7 years.  That is why the Sedona Real Estate market has so much turnover.....life changes, grandkids are born, and those Happy Buyers then become Sellers!  So here are a few things to consider when making your initial home purchase.  1) VIEW!  Everyone comes here for that, home should have that, ...

The near future of commercial Sedona real estate is booming and points to continued growth and expansion in Sedona.  For as we all know, when business people and commercial developers make decisions about expansion, they do plenty of background work to make sure that their investment is going to bring them the highest possible return. This "due diligence" makes them far more knowledgeable than the average real estate buyer and seller of the economic prospects for a given community so I see it as a bellwether for the town - if the developers are acting, it's a sign of confidence in the future prospects of the area. The commercial development leads and the residents follow. 

The West Sedon...

Many people want to know when then buy Sedona Real Estate what the price differential is between West Sedona and the Chapel Area and the Village of Oak Creek (which is located about 20 minutes south of Uptown.  Historically, Sedona Homes for Sale (in West Sedona) are usually 5-10% higher than the Village of Oak Creek. Meaning?  You will get more "home" in the Village of Oak Creek than West Sedona.  However, West Sedona is the preferred area of town where people like to live and therefore why the prices are higher.  For all your Sedona Real Estate needs, or if you are looking to Buy a Home in Sedona, give me a text or call at 928-301-0669, or email me here.

Should A Sedona Home Buyer purchase a home for sale in Sedona through the listing agent?  In that case, 1 agent represents BOTH clients.  Many times this is a sticky wicket for the agent as he is juggling two clients and really can't represent their best interests in regards to pricing, negotiation strategies etc. So when you are looking at Sedona Real Estate and your buyer's agent shows you property either listed with them or through their agency, really discuss "Dual Agency" with them and really understand what you are getting yourself into.  For all your Sedona Real Estate needs, text, email, or give a shout to 928-301-0669!  Happy House Hunting! BB

Multiple offers used to be a thing of the past.  Well, they are here and thriving in the Sedona Home Market place.  Yes, indeed - when a property is priced well or below market - expect to see multiple offers on a property - especially when there is such low inventory as we have in Sedona AZ!!  Be prepared to go above the asking price if you really really love the property!  And be prepared that CASH is KING!  A seller would prefer to work with a buyer who is paying cash than with a buyer who is financing. Why? Time! No appraisal necessary! And Quick Closing!  For all your Sedona Real Estate buying and selling needs text or call me at 928-301-0669, or email me here.  And don't forget to v...

Historically, in the Sedona Real Estate Market - when Memorial Day hits - our market stops or slows to a slow simmer during the heat.  However, we are seeing many homes in contract - and in fact in the last 2 weeks - Since May 25th - we have 64 homes pending - just in the Sedona Homes for Sale Market.  My point?  DONT WAIT.  For all your Sedona Real Estate needs, call, text or email me at 928-301-0669, or Barbara@barbarabaker.com, or visit www.sedonahomesweethome.com

When Buyer's from out of state buy a Sedona Home for Sale, make sure to receive " A Buyer Advisory" from your realtor.  This document supplied by the Arizona Department of Real Estate is a great tool and guideline for all buyers in the Sedona Real Estate Market.  Whether you are buying land, or a single family residence - this document points up the various ways to investigate a property - from soil testing to termites.  And if your realtor doesn't supply this you can always go to ADRE.com to download a copy.  Just make sure you HAVE it as you are contemplating buying property in Sedona.  For all your buying and selling needs, call or text me at 928-301-0669, email me here, and visit my w...

The Sedona Real Estate Market continues to show signs of a nice recovery with our median Sold price on Homes up by 12%. And, as we are start our busy Spring Season – I anticipate prices continuing to hold and advance slightly upwards. And with Interest rates lower, you should “Go For The Gold” and buy a home in Sedona. For a more complete in depth market analysis email me here and I will send you the complete stats on Sedona Homes, Land and Condos. And of course, you can always call or text as well to 928-301-0669

2 of my Favorite Events happen in Sedona in the month of February. So while you are looking for Sedona Home to buy, do a little racing at the Sedona Marathon on Feb 1, or take in the Sedona Film Festival between Feb 22-March 2nd  Both events are GREAT! The Sedona Marathon  travels through the road rocks and look for yours truly to be race walking in the 10K!  The 20th Annual  Sedona Film Festival is getting quite a name for itself in the industry and us locals are very proud that it takes place in our town!  And of course, when you are looking for a Sedona Home for Sale, give me a call or text at 928-301-0669, or email me here - and I will take put away the tennis shoes, finish my popcorn...

Historically, if we look at the Sedona Real Estate Market, homes in West Sedona are historically valued 11% higher than Sedona's unincorporated area -  The Village of Oak Creek.  In 2013 - there was an 11% difference in the price of a Sedona Home for Sale vs. the Villlage of Oak Creek.  The same house would sell 11% LOWER in West Sedona than the Village, and that number is a averaging of the last 5 years.  So when you buy your Sedona Home - remember that you will be paying 11% more for West Sedona than the Village of Oak Creek.  For all your Real Estate  - text or call 928-301-0669 email me here, and always visit my website at www.barbarabaker.com. 

The Sedona Real Estate Market was ticking along at a pretty good clip - before Interest Rates started to inch up in the 3rd Quarter of 2013.  Because of that - the Sedona Real Estate Market has shown an increase of prices of roughly 5% for the year. Interest rates aren't going to go lower and  Sedona Homes for sale will inch up in 2014.  Prices are still good in Sedona and I don't foresee them skyrocketing in 2014 but inching up slowly.  Remember text or call 928-301-0669, or email me here, or for all the latest listings visit my website at www.barbarabaker.com

So what's up with the Sedona Condo Market for Sale?  That's the answer - it's UP!  Comparing 2012 vs. 2013 the price per square foot has risen and the sold price has risen by 5%.  The rise in prices in the Sedona Real Estate market has rolled into the Sedona Condos for Sales making them SOLDS!  And with only 15 condos on the market -2014 will see the prices rise even further.  There are great condos in the Sedona Real Estate Market that carry small HOA fees considering the amenities - and when you are ready to buy - I'll be ready to sell it to you!  Call or text me at 928-301-0669, or email me here 

Instead of buying an existing home in the Sedona Real Estate market, have you thought about building?  Sedona AZ Land prices are still relatively inexpensive and many times buyers who can't find exactly what they are looking for in a home, often realize they need to build...Or they want to build.  Now, I have heard it has caused many marriages to break up... (that is the general idea), however in all my years of representing buyers who have built homes in Sedona - that has never come to pass! (Another reason why I should represent you!)  The Median Sold price of "dirt" in Sedona was 158K for 13. That is a 15% increase from 12, and with a current pending price at 192K - the land, like the ...

The biggest Sedona Real Estate news for 2013 is the return of the market!  Without a doubt, the market has returned with a vengeance!  The median selling price is $398K.  Up by over 10% from this time last year.  2013 has been the best record in the number of sales sine 2005!  Even with the jump in interest rates, buyers have been aware that the Sedona Real Estate market has improved to the point that the days of the "cheap" bargain property is OVER!  Our inventory remains low and in the foreseeable future I feel that the Sedona Real Estate Market will continue to improve.  Let's see what the consumer confidence will bring as the FEDS ease the buy back bond program - but I see blue skies ...

Without a doubt the old bearded one has arrived with a bang to the Sedona Real Estate Market and sellers should leave an extra cookie or two to give thanks.  Home prices are UP, Stock Market is UP, Consumer Confidence is UP, and Inventory?.... LOW.  Even with the rise in interest rates, the Sedona homes for sale in the Sedona Real Estate Market will remain STRONG for 2014.  Hope your season is merry and bright.  For all your real estate needs, call or text me at 928-301-0669, or email me here