Sedona & Verde Valley 4th of July CelebrationsRead More
Sedona/Verde Life Real Estate Blog
Hike to Cathedral Rock from your back yard! This incredible property is one of a kind… Nestled right up against the Red Rocks and surrounded on 2 sides by Coconino National Forest -stunning views & seclusion! 360 degree views from Cathedral Rock all the way to Thunder Mountain. This luxury home features multiple master bedrooms & separate living spaces. Main master bedroom has views, deck access, fireplace & a lush spa bathroom w/ soaker tub, giant shower & walk-in closet. Huge great room has beautiful cathedral ceilings, feature fireplace and gorgeous slate floors. A sumptuous chefs kitchen with subzero fridge, 6 burner Wolf stove, wine bar w/ red & white fridges, walk-in pantry & deck for dining al fresco! 5 outdoor living spaces including a phenomenal roof top deck perfect for stargazing! Don’t let the stairs deter you…not only does this home feature a chair lift but also a dumb waiter for easy in and out!
Moving into a new home is an exciting time, and you’re probably daydreaming about decor and paint schemes and new furniture. But before you get into the fun stuff, there are some basics you should cover first.Read More
How Much Has Your Home Increased in Value?
Home values have risen dramatically over the last twelve months. In CoreLogic’s most recent Home Price Index Report, they revealed that national home prices have increased by 6.2% year-over-year.
CoreLogic broke down appreciation even further into four price ranges, giving us a more detailed view than if we had simply looked at the year-over-year increases in national median home price.
The chart below shows the four price ranges from the report, as well as each one’s year-over-year growth from July 2017 to July 2018 (the latest data available).
It is important to pay attention to how prices are changing in your local market. The location of your home is not the only factor which determines how much your home has appreciated over the course of the last year.
Lower-priced homes have appreciated at greater rates than homes at the upper ends of the spectrum due to demand from first-time home buyers and baby boomers looking to downsize.
If you are planning to list your home for sale in today’s market, let’s get together to go over exactly what’s going on in your area and your price range.
There are many conflicting headlines when it comes to describing today’s real estate market. Some are making comparisons to the market we experienced 10 years ago and are starting to believe that we may be doomed to repeat ourselves. Others are just plain wrong when it comes to what it takes to qualify for a mortgage. Today, we want to try and clear the air by shedding some light on what’s causing some of these headlines, as well as what’s truly going on.