Still a Buyer’s Market… (for now)1 min read

June was the first month in about a year that inventory of available homes and land WENT DOWN!  Is this a sign of a reversal???  Over the last year, inventory has risen steadily – and if you remember from Economics 101 – as supply increases – demand falls.  As we’re going into the hottest part of the year (that’s also the slow season for Sedona real estate) there are great deals to be had all over town.  Not only have prices come down, but there’s more to choose from – so if you’re really looking at buying in Sedona, many people feel that now is the time.  Interest rates are headed up – so that’s another reason not to wait…

Rick Wesselhoff

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