We’ve all heard the saying, “No news is good news,” right? Well, not necessarily in the real estate process. While not hearing anything could be deemed as everything is moving along smoothly, it could also mean there are critical dates and deadlines being missed. There should be one person at the helm of the entire escrow/transaction process and typically, that person should be your licensed real estate professional. A lot of companies will enlist the help of a licensed transaction coordinator … [Read more...] about Why Communication is Essential in the Real Estate Process
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Flagstaff Appraiser Offering Lifetime of Market Knowledge
Similar to many longtime Flagstaff residents, Ray Henry came to Flagstaff to attend Northern Arizona University and decided to stay. That was 50 years ago, in 1968, and he has never regretted the decision. Shortly after finishing his studies, Henry earned his real estate sales license, following up with his real estate broker’s license a decade later. “My father was a real estate appraiser in Prescott,” he said. “So, while I was working at a lumber mill, I started studying real estate and … [Read more...] about Flagstaff Appraiser Offering Lifetime of Market Knowledge
What is Your Real Estate Love Language?
Love languages. We all have them. The definition of a “love language” is the way we most often express our love to others (or feel loved by others). Real estate is such an emotional and personal experience for buyers (whether a first-time buyer or seasoned investor), that we can talk about “falling in love” with a special piece of real estate. Each buyer has his or her own real estate love language. The key is for your realtor to figure out your love language and find properties that tug on your … [Read more...] about What is Your Real Estate Love Language?
If These Walls Could Talk
Driving down Humphreys, do you find it hard not to notice the eye-catching traditional bungalow on the southwest corner of Cherry and Humphreys? Flagstaff has such a rich history and so does our real estate bungalow at 219 N. Humphreys Street. Built in the early 1900s, this bungalow was originally someone's home. In 1962, Willard Harkey (a real estate agent working for George Babbitt Realty) and his wife, Fran, purchased a quarter block on the southwest corner of Humphreys and Cherry … [Read more...] about If These Walls Could Talk
Housing Divide Challenging the Region’s Vitality
Amanda and Andrew Atherton will likely be moving away from Flagstaff this summer, primarily because of the area’s cost of living. Married for two years, the couple would love to stay in Flagstaff, but the high cost of rentals makes saving for a home down payment too difficult. Amanda is finishing a graduate degree in mathematics at Northern Arizona University, and as part of her scholarship, will work for two years at a high-needs middle or high school, most likely in the Prescott region. … [Read more...] about Housing Divide Challenging the Region’s Vitality
Reflecting on Reasons to Love Fall in Flagstaff
As 2017 comes to a close, it’s a good time for reflection. Here are my Top 10 reasons to love fall in Flagstaff: Standing in my backyard every morning, shivering, gazing at Agassiz Peak until the sun’s first pink ray finds the summit. Driving into town and seeing the Peaks wrapped in the yellow/gold ribbon of quaking Aspen, like a present waiting to be unwrapped. Mountain biking with friends anywhere, anytime. Helping our girls unpack and try on boots, skis, gloves, poles … [Read more...] about Reflecting on Reasons to Love Fall in Flagstaff
What to Expect Next in the Explosive Flagstaff Real Estate Market
Three years ago, this article dealt with the advantages buyers had in the Flagstaff real estate market. Two years ago, the word “balanced” was thrown around heavily. Now, it’s all about the sellers. It’s also all about cycles. Cycles and basic science. What goes up must come down. Taking what we’ve learned in the past decade, one can only hope that lessons were learned and mistakes of the past won’t repeat themselves. Having been in the past cycle of an explosive market, I can say truly it’s … [Read more...] about What to Expect Next in the Explosive Flagstaff Real Estate Market
Where Has 2016 Left the Real Estate Market?
After the sun set on 2016, many of us are looking back, reflecting on what the year brought us. Professionally. Personally. Typical hustle and bustle of the holiday season, paired with the reality of winter may leave buying or selling a home way in the back of your mind. Real estate quiets slightly around this time of year, but will be back with a vengeance in 2017. If you’re contemplating a move, this is what you should know going forward. Was 2016 a buyer’s market? A seller’s market? … [Read more...] about Where Has 2016 Left the Real Estate Market?
Five Estate Planning Questions to Ask About Real Estate
Preparing your estate in advance is one of the greatest gifts you can give your family. Many estates include real estate in the form of a primary home, vacation home and other family properties. While inheriting a property can be a wonderful legacy, it also comes with obligations that heirs may be unprepared or unable to fulfill. If you intend to leave real estate to your heirs, ask yourself these five questions to help avoid creating problems for your loved ones. Will the Property Have a … [Read more...] about Five Estate Planning Questions to Ask About Real Estate
Studying Real Estate Market Trends
What is driving the real estate market right now? More than halfway through 2016, we have a good handle on what is driving our market now and what will likely remain throughout the rest of the year. Inventory remains slightly low compared to previous years. This is typical for Flagstaff in the winter months, but we usually enjoy a few more properties to choose from this time of the year. Inventory could be low for a variety of reasons; homeowners could still not be seeing enough equity in … [Read more...] about Studying Real Estate Market Trends