Sedona AZ (July 3, 2017) – Join real estate insider Alejandro Gutierrez, Russ Lyon Sotheby’s International Realty, as he shares his Monday Morning Coffee with you from Sedona, Arizona: The Fed did increase the Federal Funds rate again as expected. Despite the fact that these increases typically result in higher mortgage rates, other factors have caused mortgage rates to stay at the lowest... 

Sedona AZ (June 26, 2017) – Join real estate insider Alejandro Gutierrez, Russ Lyon Sotheby’s International Realty, as he shares his Monday Morning Coffee with you from Sedona, Arizona: Single-family housing starts increased slightly in April, a continuing positive trend that should help America’s home buyers, who have been battling the problem of limited housing inventory. Also, the... 

Sedona AZ (June 19, 2017) – Join real estate insider Alejandro Gutierrez, Russ Lyon Sotheby’s International Realty, as he shares his Monday Morning Coffee with you from Sedona, Arizona: According to the National Association of Home Builders, housing starts have climbed from a total of 784,000 in 2012 to 1.162 million in 2016. The NAHB currently estimates it will have 1.242 million housing... 

Sedona AZ (June 5, 2017) – Join real estate insider Alejandro Gutierrez, Russ Lyon Sotheby’s International Realty, as he shares his Monday Morning Coffee with you from Sedona, Arizona: The reality is that home sales are seasonal. There are times of the year when more buyers are looking, and more homes sell, such as April and May. There are also times when there are fewer homes for sale,... 

Sedona AZ (May 29, 2017) – Join real estate insider Alejandro Gutierrez, Russ Lyon Sotheby’s International Realty, as he shares his Monday Morning Coffee with you from Sedona, Arizona: As mentioned in last week’s column, your mortgage rates are affected by global factors. The most recent meeting of the European Central Bank saw no indication that they would reduce their purchase of... 

Sedona AZ (May 22, 2017) – Join real estate insider Alejandro Gutierrez, Russ Lyon Sotheby’s International Realty, as he shares his Monday Morning Coffee with you from Sedona, Arizona: Despite the global uncertainties around the world, recently released data showed that U.S. consumer sentiment remained at the elevated levels seen since the election. The preliminary reading for the consumer... 

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 (October 17, 2012) – Activity in Sedona Residential Homes continues at a steady pace, even though Closed Sales are continuing at a lower level than the average yearly pattern (see chart below). Perhaps Buyers believed that the cheap mortgage bonanza would end, and therefore decided to act more quickly than normal this year. In fact, mortgage rates have continued to fall as the Federal... 

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...