Posts by : Barbara Baker

The Sedona AZ Luxury Homes for Sale are finally showing a glimmer of life.  Like the lower priced homes these seller's have had to readjust their thinking to the reality of today's market.  And we are finally seeing some life in that sector with the return of high-end buyer's in search of luxury homes as well as lots. The median sold price per square foot for a luxury property (which is over $1 Million) is now at $287 per square foot. Compare that with the 2006 price of $336 a foot and you can see how much the luxury homes have dropped.  We have sold more luxury homes this year than last year and that sector hasn't been hit with the foreclosures like the lower priced Sedona AZ Homes.  All...

Believe it or not, in my earlier real estate career I actually wrote an offer on a Sedona AZ Home for sale on Christmas Day.  I have never done that again and never will ( my phone will be on vibrate on Christmas but will be on), but the holidays can be a great time to buy in Sedona.  Many people are visiting Sedona over the holidays and I have had many buyer's visit during the Christmas week with the intention of buying a Sedona AZ Home. So seller's keep the home fires burning, make the place look good - for you never know - the old bearded one (Santa) could bring you a buyer to your front door.

On a personal note I wish for any and all who read this - Health, Love, Family, Friendship, ...

What's a buyer to do these days when buying a Sedona AZ Home for Sale. Do they buy an existing home with the idea that it is less costly to buy than it is to buy a vacant piece of dirt and build? That used to be the standard. However, while the Sedona AZ home prices fell for the last several years - so did the vacant dirt. Let's remember the financing for for land and construction loans dried up.  Lender's shut their doors and many great and qualified general contractors and builders had to go get 2nd jobs. While the tide is a changin...according to Chris Dolan, president of Casa Natural Construction, building costs have fallen as much as 15%. And what used to cost $300.00 a square foot c...

These days, most of the listed homes for sale in Sedona, West Sedona, or Uptown are all about building a family future. Savvy buyers know that the market is theirs, and they can bargain for things like better school districts, home improvements, and other amenities that make owning real estate in Arizona great. However, when the Sedona real estate market boasts more homes than there are buyers, there's another advantage: homes for investment opportunities are cheaper and have greater potential than ever before.

First-Time Homebuyers in Sedona, West Sedona, Uptown: If you're in the market for the first time, buying a home as an investment is a wonderful opportunity. Not only are there ...

Land Ho!  After dropping like a ton of bricks off a tall building, I am happy to report that we are seeing the vacant land pricing come back in Sedona AZ. The median recorded selling price of vacant residential land is now on par with 2001 pricing.  The high point for vacant land in recent years was in 2006 when prices topped out at (are you sitting down) $520,000.  They are now at... ( are you still sitting down) less than $135,000.  Foreclosures have caused the land to drop and we have seen even the high end luxury subdivisions like Cross Creek Ranch and The Aerie take hits. All great news for buyers.  The land is slowly starting to tick back up so if you have been dreaming on building ...