SPEND A LITTLE, RAISE THE PRICE A LOT

Your real estate professional is probably advising you to declutter, stage your home, plant new flowers and make numerous repairs and updates. You may be reluctant to get started because of the costs, but according to the home valuation site, HomeGain, improvements like these can actually make you more money when you sell, and many of the improvements cost very little. Click to learn more:  http://bit.ly/YZ7J5A

FLAGSTAFF RATED HIGH FOR WORK-LIFE BALANCE

Check out another reason why it’s a privilege to live in wonderful Flagstaff AZ: http://bit.ly/1tWjD9i

AUGUST FLAGSTAFF REAL ESTATE MARKET UPDATE

Hi All: I hope your August is going well along with the rest of your life. Regarding the market, the July numbers reflect a slowdown versus what we saw in prior months. Last month I said that I thought this show down was temporary but I was wrong, as least as far as July was concerned. As for me, I have been extremely busy so hopefully my business will convey to the rest of the market and all will be good. Now on to the market report. Below you will see a simple chart showing the July market numbers and the year to date numbers. The good news is that year to date numbers are still up with the Median Sales price at $325,000 and 8.3% appreciation over 2013. I am trying to keep it simple but don’t hesitate to contact me if you would like a full blown detailed market analysis. I will be happy to provide one. As always, thanks for reading. You referrals would be appreciated.
Click the following link to read the report: http://bit.ly/1oNgUKZ
Please note that this report is based on single family home sales in the city of Flagstaff. Values in other areas will vary and often greatly. It makes little sense to me to read a report that averages all types of real estate (condos, townhomes, mobile homes etc.) and all areas together to derive an average sales price. To obtain an accurate average sales price, one must look at the area of the property and the same type of property; i.e. apples to apples.

FLAGSTAFF HOME SALES SURGE AND HIT 13 YEAR HIGH

Sales of residential real estate hit a 13 year high in June for the first half of the year. But there are some indication that the market is slowing a bit. Click the following link to read the full story and kindly remember me for your referrals. Cheers Gregg: http://bit.ly/1lDjKle

GREGG’S SUMMER EDITION NEWSLETTER

Happy July everyone. It’s hard to believe but summer is well on it’s way and it won’t be long before the kids are back in school and fall on it’s way. Below is a direct link to my summer newsletter. Inside you will find state wide real estate market updates and many other worthwhile subject. I hope you enjoy the newsletter and don’t hesitate to comment. Thanks for reading. Click the following link for the newsletter: http://RLSIRNewsletter.com

LUXURY HOME PRICES EXPECTED TO CLIMB HIGHER

J.P. Morgan has just released it’s detailed report on why the luxury real estate market outlook will remain strong. Accelerating GDP, strong equity prices, higher income households more confident about the U.S Recovery, Overseas buyers and so on. This is a report worth reading in my opinion. Click the following link to read the full report and kindly think of me for your real estate business: http://bit.ly/1qrsQoJ

Around the Town: Fourth of July in Flagstaff full of fun

Around the Town: Fourth of July in Flagstaff full of fun.

FLAGSTAFF HOME SALES HIT 9 YEAR HIGH IN MAY

Yes, home sales and prices are up substantially while interest rates remain low. For those of you concerned that the market has topped, note that Flagstaff’s median price is still $85,000 below the peak. Click the following link to read the full story and kindly think of the for your referrals. Have a great week. http://bit.ly/1pxJO4j

SINGLE LEVEL HOME SHORTAGE IN FLAGSTAFF AZ

Are you looking for a 3-4 bedroom single level home in the city of Flagstaff priced from $300,000-$400,000-a home ready to move into? If this is your criteria you will find that there’s not a lot of choice. As of this AM, May 27, 2014, there are only 18 homes out of 321 listings meeting this criteria. If you are one of those individuals who says “No HOA fees” then you are virtually out of luck finding a home. Well, it is what it is. What’s the solution, for someone willing to wait, building may work.  If time won’t permit you this luxury, then open your horizon to considering a multi-level home with a first floor master. This possibility will help. As always, thanks for reading. Your comments are welcome.

Cheers
Gregg Munson

LUXURY HOME PRICES EXPECTED TO CLIMB HIGHER IN 2014

With all signs pointing to an even stronger U.S. economy and global growth in 2014, J.P. Morgan anticipates that home prices, particularly in the luxury segment, will climb steadily higher during the course of the year. Click the following link to read the full article: http://bit.ly/1fHjk9A