Sedona Real Estate Market Update 
How did January 2009 compare with January 2010?

The number of homes sold in January 2010 surpassed January 2009. Sales increased by 94 percent from 2009 as buyers continued taking advantage of all that this market has to offer: great prices, low interest rates and the Homebuyer Tax Credit.  Homes below $400, 000 sold the fastest as 50% of the Solds were priced below $400K. Of the 30 homes that sold, 8 were foreclosures.  Those Foreclosures that were true bargains were on the market just a few days before they went to  contract.

A Fabulous Foreclosure!
This Foreclosure which we saw on tour yesterday (Feb 11th). is a fabulous deal at $449K  - click to see details and pictures . The pictures shown do not do this house justice.  The home has lots of charm and is on a beautiful piece of property with great rock views. 2803SqFt--- built in 2007.  All it needs is some nice landscaping and you to turn this house into a home. As with any good buy, it won't last!  
 

Reminder $6500 Homebuyer Tax Credit expires soon. In case you missed this article last month, here it is again. Repeat home buyers do not have to sell current home to qualify for the $6500 Home Buyer Tax Credit...incentive expires April 30, 2010...read more.

See frequently asked questions about the Home Buyers Tax Credit  

E-mail or call John 928-300-0849
if you have any questions regarding
Sedona Real Estate.