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Wednesday, January 22, 2025

Rick Wesselhoff

Sedona Foreclosure Market

I'd guess that there are less than a dozen or so Sedona homes that are on the market due to a recent foreclosure- and dozens more that are in danger of going into foreclosure if they don't sell soon. ...

Down payment on Sedona homes

I've heard of a case that shows how lenders are tightening up... and this might help you when looking for a Sedona home.  Recently, a self-employed buyer with 750+ credit score was trying to buy a Sedona home with...

Spring has sprung in Sedona

Our busy buyer seasons for Sedona Real Estate are Spring and Fall.  Although most of the country wouldn't call this spring - the weather is nice and it's feeling like spring (especially when you see the number of visitors...

What Sedona home and land sellers should do in 2008

Now's the time to get real and meet the market if you haven't done so already!!!  It's impossible for you to have missed the news and commentary on the soft housing market and lender woes.  Although there are some...

Buyers Market in 2008

Buyers will welcome 2008 with open arms and hopefully an open pocketbook.  There are great deals on Sedona property all over the map and in every price range.  Make sure that your agent knows what you're looking for and...

Another one bites the dust…

Yet another real estate company is shutting their doors here in Sedona.  It's a name brand company too... not one of the small players. 

December Market Trends

After a social breakfast meeting with a mortgage lender and financial advisor this morning I wanted to pass along some thoughts.  The lender mentioned that all of the deals she's seeing come through the office appear to be the cheapest home...

Bottom end picking up steam

As mentioned in earlier posts, the upper end of the market is slowing down.  For quite a while there were no homes in escrow over $1M.  There has been a little activity in that price range, but the lower...

Fantastic Deals

I just saw another Short Sale home on the market in West Sedona for an unbelievable low price. It's a short sale - which means that will sell for less than the mortgage amount that's owed to the...

Another one bites the dust…

Another small real estate firm closed their doors today... just another sign of the slowing market.

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