December 19, 2011
A question being asked frequently in the Sedona real estate market is, “What is a short sale?” Short sales used to be an infrequent type of real estate transaction, but with current economic conditions, more and more homeowners are opting for this type of sale. A short sale occurs when a homeowner sells their home [...]
December 8, 2011
From peak levels five years ago, home prices are down more than 30 percent, combined sales of new and existing homes are nearly 40 percent lower, and new home construction has plunged more than 70 percent. However, several factors are falling into place that will support gradual progress in the coming year as long as [...]
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