Eye on Sedona Real Estate columnist, Sean Baguely Sedona AZ (May 15, 2013) – I wish to begin with an apology. My hard drive has been failing, making my computer incredibly slow. I purchased a replacement hard drive, but the cloning process created corruption in a number of ‘Sectors’. Rebuilding everything has taken a lot of time and expertise (not mine). Also, the Sedona Association changed... 

Eye on Sedona Real Estate columnist, Sean Baguely Sedona AZ (January 23, 2013) – The market is finally off the bottom, despite the continuing weak economic recovery. As mortgage rates have remained enticing, Lenders have been able to sell inventory acquired from delinquent borrowers relatively quickly. This fluidity is one of the benefits of being in a non-judicial, or Deed of Trust, State. In... 

Sedona AZ (August 1, 2012) – The market in Phoenix has improved dramatically. The S&P/Case-Shiller Home Price Index for Phoenix for April 2012 was 109.01, a year-on-year increase of 8.62%. Part of this surge was the sale of a number of properties over $2,000,000, and, as those sales drop out over time, it is expected that average and median prices will ease up again. However, the market seems... 

Sedona AZ (January 25, 2012) – I always like to start with the table below. It shows the Median Prices for closed sales of Residential property only, in the whole of Sedona, quarter by quarter, and gives a fair indication of the levels of activity and of home prices. I think, taken overall, the Sedona market is pretty stable at this lower level, and I have the sense that things are in fact looking... 

Sedona AZ-The City of Sedona Community Development Department continues to proactively enforce the City ordinance that prohibits the establishment and advertising of vacation rentals. The City’s ordinance prohibits the rental of single-family residences for less than 30 days. It is also illegal to advertise and facilitate the rental of a residence for less than 30 days.   Several Internet websites... 

Sedona AZ-Almost everyone owning real estate in Sedona Arizona pays property tax (except for churches and some exempt non-profit groups) but few seem to know much about where that money goes. In short, it goes to schools, the fire district and county government. None goes to the city. Sedona does not have a city property tax.  Over the years, we have developed a city culture that makes anyone even... 

Sedona Real Estate Exclusive to SedonaEye.com with Sean Baguley Sedona AZ (May 8, 2011) – Let us examine the recent flow of negative news. Please remember that the numbers for Sedona refer to Residential homes only and exclude Condominiums and other categories of dwelling.The S&P/Case-Shiller Home Price Indices show home prices in twenty major cities falling by 1% in January, the sixth... 

That Home You Bought In 1979 Has Lost 8.5% Of Its Inflation-Adjusted Value by Gus Lubin of Business Insider submitted by J.Rick Normand: Home values have already collapsed to 2003 levels. But an even more grim picture comes when you adjust for inflation. That home you bought in 1979 has lost 8.5% of its inflation-adjusted value. From Chart Of The Day: For some perspective on the all-important US real... 

  ByJulie D. Friess–Consider pebble dropped in a glass smooth pond.  Close to where the pebble enters the water, the ripples are big.  The farther the ripples move away from the pebble, the smaller they are.  If the pond is large enough, by the time ripples reach the edge, they are unnoticeable.  They are still there, just small.  Real estate and mortgage fraud act in the same way. Close...