July 18, 2024

July 2024 Flagstaff Luxury Real Estate Market Report

 

 

The report is a guide to the luxury real estate market in North America and Flagstaff.  It provides an overall analysis with trends and highlights comparative data on the top-residential markets throughout Canada and the United States. 

DOWNLOAD THE LUXURY REPORT

 

  • This month’s report displays the market statistics for North America AND Flagstaff month over month, as well as the 13-month trend.
  • We take a mid-year review of 2024 to gain perspective and insights on the first half of the year.
  • We discover why at the halfway point of 2024, the luxury real estate market in North America has largely returned to a seller's market after a slow start.
  • Understand the significance of June's statistics that show 95 out of 150 single-family home markets favoring sellers, and a similar trend in attached properties.
  • And the importance of sales that have surged significantly since January, despite slight year-over-year decreases in June.
  • While reviewing why rising Inventory levels are creating more opportunities for buyers, although still remain below traditional norms.
  • We delve into the key trends driving the market including wealth accumulation, increased inventory, sustained demand, lifestyle changes, and a growing preference for customization and sustainability in homes.
  • Looking ahead, the luxury market is expected to evolve with changing consumer demands and technological advancements.
  • Buyers are seeking premium properties tailored to their needs, while sellers must recognize that overpriced properties are unlikely to sell.
  • Despite high purchase costs, real estate remains a consistent long-term investment, providing security and a haven for families.

As always, it is important to understand that the art of selling and buying should always include an analytical approach to truly appreciate the realities within your local market, as they may differ from the viewpoint at the national level.

 

NORTHERN AZ LUXURY HOMEOWNER ADVICE

For homeowners looking to sell or buy their luxury home in today’s market we recommend working with a realtor who can provide you with critical knowledge about your local market, maintain a high level of security during the transaction and knows how to leverage technology to provide maximum exposure and assistance.

What is the value of your Flagstaff Home?

 

GET IN TOUCH

It is my responsibility as your REALTOR to ensure that when others around you are lowering their expectations, that this becomes the time for us to switch gears and discover how to leverage the Flagstaff luxury market effectively to achieve your goals. Contact us at kelly.broaddus@exprealty.com or call 888.446.5602.

 

 

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July 18, 2024

Check Out My Favorite Store in Flagstaff: Crystal Magic

Discover Crystal Magic’s special collection of gift ideas in Flagstaff.

 

Are you tired of boring jewelry and generic gifts? I recently visited one of my favorite stores, Crystal Magic, in downtown Flagstaff. If you’re like me and love wearing bracelets, you can get them here. They have an amazing collection of items for personal use and gifts for people who are special to you. 

 

The atmosphere in Crystal Magic is wonderfully earthy. The store offers a variety of rocks and has 350 different types of gems and stones. Their wall of rocks is also impressive, featuring selenite, peach, moonstone, and many others. My grandkids love it when I bring them little rocks from Crystal Magic because they believe it brings out their strengths. Aside from crystals and jewelry, they also have journals, incense, and many other things that you might be interested in.

 

 

"The store offers a variety of rocks and features 350 different types of gems and stones." 

 

What makes Crystal Magic special isn’t just its products, but also the staff. They are sweet and helpful, making every visit a great experience. If you’re looking for jewelry, crystals, or just a unique shopping experience, Crystal Magic has it all.

 

 

If you’re in Flagstaff, I recommend you check out this store. You might discover something special, just like I did with my new bracelets. For any questions, feel free to text or call me at (928) 606-6749 or send me an email at Kelly.Broaddus@EXPRealty.com

July 8, 2024

7300 N Snow Bowl Road, Flagstaff, AZ 86001

Kelly Broaddus |  eXp Realty | 888.446.5602 | Contact Kelly

7300 N Snow Bowl Road, Flagstaff, AZ 86001

 Discover a Luxurious Equestrian Retreat Near Flagstaff: 11.79-acre Property with Stunning Views, Top-Notch Amenities, and Direct National Forest Access
3 Beds | 2 Baths | $ 2,300,000

 

Nestled amidst the majestic San Francisco Peaks, this stunning home is a haven of tranquility and luxury. Situated on an expansive 11.79-acre lot that backs up to the Coconino National Forest, this thoughtfully designed 1,921 sq ft residence offers the perfect blend of elegance and natural beauty.

 

Breathtaking Interior Features

Every window in this 3-bedroom, 2-bathroom home frames breathtaking views, enhanced by newly added remote-controlled Hunter Douglas shades. The kitchen is a chef's dream, equipped with top-of-the-line appliances, including a Fisher and Paykel double dishwasher, a new stainless steel double oven, and a deep copper sink. Flagstone and hickory floors throughout the home add a touch of rustic elegance, creating a warm and inviting atmosphere.

 

Equestrian Paradise

Beyond the main house, the property boasts a 2,814 sq ft heated barn designed for the equestrian enthusiast. It features six oversized horse stalls, Nelson waterers, a workbench, and a tack room with water. There are two large turnout areas, one with a competition dressage arena and the other with a jumping arena, providing ample space for training and exercise. Additionally, there is plenty of room for a pasture, ensuring your horses have everything they need.

 

Unmatched Convenience and Accessibility

Conveniently located less than a mile from Snowbowl and under five miles from downtown Flagstaff, this property offers unparalleled accessibility. Enjoy unlimited horseback riding with direct access to the National Forest right from your backyard. The absence of HOA restrictions allows you the freedom to personalize and utilize the property as you wish, making it truly your own.

 

A Mountain Retreat Like No Other

This remarkable property offers the perfect blend of luxury, privacy, and equestrian paradise. Whether you are seeking a serene mountain retreat or a place to indulge your passion for horses, this home has it all. Experience the beauty and tranquility of this cool mountain escape and discover why it is the perfect place to call home.

 

Schedule Your Tour Today

 

Don’t miss out on this unique opportunity to own a piece of paradise near Flagstaff. Contact us today to schedule a tour and experience this luxurious equestrian retreat for yourself.

 

 

Photos and more information here: 

www.northernarizonafinehomes.com/property/197509

www.kellybroaddus.com/homes-for-sale-197509

 

Location

7300 North Snow Bowl Road

Car-Dependent

Learn more about Fort Valley

Take Fort Valley Rd for 6 miles to Baderville, turn left on SnowBowl Rd, in 0.3 turn left into the driveway. Property has white fencing.

 

Attractions & Recreation

    • Ski and snowboard at the Arizona Snowbowl to your heart's content. Discover terrain parks, close to Thorpe park, great place for the whole family including the furry ones. There are plenty of activities for the kids, playground area, picnic tables, lots of grass areas, sports fields, a dog park, adequate parking.  
    • If you love running and biking or biking visit Buffalo Park which is about 5 miles from the property. This is also a dog-friendly park and they have an awesome trail.
    • The Museum of Northern Arizona provides a superb experience in anthropology, archeology and they have a lot of information about the local tribes around this part of Arizona. 

Dining Nearby

Want to try a very solid wood fire oven pizza in Flagstaff? Pizzicletta offers the best.  You can also enjoy a wonderful outdoor seating in summer plus good food at Nomads Global Lounge. There are many great flavors and menu including dining at Josephine's Restaurant & MartAnne’s Cafe. 

Schools

Some of the best schools in Flagstaff are located near this community.

  • Charles W Sechrist Elementary School (K-5)
  • Eva Marshall Elementary School (K-6)
  • Manuel Demiguel Elementary School (K-6)

 

 

Fort Valley Area Neighborhood Information 

Fort Valley is a historic suburb of Flagstaff located near Mount Humphries, where the Arizona Snowbowl ski resort is located. An estimated 962 people call it home.

It contains the old Baderville homes, usually located on one acre of land; newer homes farther off the highway, which are usually on larger acreages; and the Wing Mountain Ranch subdivision, which has higher-end homes and, unlike most of the homes in Fort Valley, is governed by a homeowner's association. 

Contact Kelly Broaddus at kelly.broaddus@exprealty.com or call 888-4465602 to see this home in the Fort Valley Area or other houses for sale in Flagstaff.

Search for Homes in Northern Arizona

Flagstaff AZ Homes for Sale $650,000 - $1M

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Sedona AZ Homes For Sale $650,000 - $1M

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Williams AZ Homes for Sale $650,000 - $1M

Williams AZ Homes for Sale Over $1M 

July 5, 2024

7 Weekend Projects to Boost Your Property Value

Whether you’re putting your home on the market in a few weeks or a few years, strategic upgrades can make all the difference. But you don't have to embark on a major remodel to make a significant improvement. Even minor updates can have a big impact on your home’s aesthetic, and certain renovations can even boost its future sale price. From curb appeal to interior updates, here are seven-weekend projects that will enhance your home’s current charm and long-term value.
1. Freshen Your Front Door
Is your front door looking a little tired? A new coat of paint can make your home more inviting to today’s guests and tomorrow’s buyers. But before you grab that paintbrush, think carefully about your choice of hue.
According to a recent study, the color of your front door can boost—or lower—your home's sale price by thousands of dollars.1 Cement gray, for instance, was found to decrease purchase offers by an average of $3,365. Going too bold can also deter home shoppers. The safest bets? Classic black or a mid-tone brown are proven winners. 1
Need help choosing the perfect paint or stain for your front door? We'd be happy to offer advice or refer you to a design professional for assistance.
2. Upgrade Your Hardware and Lighting It's easy to overlook dated cabinet pulls or dingy light switches in your own home. But those seemingly minor details can leave a bad impression on visitors.
Swapping out old hardware for modern alternatives can easily and affordably elevate your space. New cabinet handles, for example, are relatively inexpensive and require just a few minutes and a screwdriver to install. To maximize the longevity of your update, consider classic shapes and finishes like brass knobs or nickel cup pulls.2
Take a look at your light fixtures, too. Try replacing an out-of-style chandelier with a more contemporary option. Even just updating your lampshades and lightbulbs can create a brighter, more welcoming space. Additionally, many experts agree that high-quality lighting can show off your property’s best features when it comes time to sell.3 Uncomfortable changing a light fixture yourself? Contact us for a referral to a licensed electrician for help.
3. Update Your Bathroom Fixtures
Bathrooms can show their age quickly, but a few inexpensive updates can take years off in just a few hours. And since many buyers will be more drawn to a home that feels clean and modern, even small changes can make a big difference. 
According to one study, for every dollar you spend on minor cosmetic upgrades—like swapping out the bathroom mirror, upgrading hardware, or refinishing cabinets—you’ll see a $1.71 increase in your home’s value.4
Bathroom hardware is a great place to start. Consider updating your faucets and showerheads (we recommend lower-flow options to save money and the environment), and don't forget about towel racks, toilet paper holders, and any other fixtures that look worn or discolored.5
If you want to stay on-trend, the most popular faucet finishes are currently black, nickel, and pewter. Spa-like upgrades, like steam showers and rain showers, are also in high demand.5,6
If your existing vanity is in poor condition, installing a new one is a slightly bigger project, but it has a huge impact on the look and feel of the room. Reach out for a list of retailers who carry high-quality but affordable prefabricated options.
4. Give Your Kitchen Cabinets a Makeover
The kitchen is often referred to as the heart of the home, so it's no surprise that an updated kitchen is a top priority for current homeowners and potential buyers alike.7,8 If your kitchen cabinets are from another era, that’s probably the first place you’ll want to start.
Fortunately, you don’t need to commit to the hassle and expense of installing new cabinets if your current ones are in good shape. Instead, consider painting them. 
Not only is it more affordable and eco-friendly than replacement, but Better Homes and Gardens reports that this option typically offers a greater return on investment.9 When it comes to choosing the right color, warm neutrals and shades of green and blue are especially on-trend.10
Thinking about painting your cabinets yourself? Be sure to plan in advance and block out at least a couple of days for the project. You’ll need to take off all your cabinet doors and hardware and thoroughly cover your kitchen appliances and counters. You’ll also need to wait for the doors to dry before reassembling your kitchen.11
If you’re not confident in your painting skills, hiring a professional will still be far less expensive than installing new cabinets. We’re happy to refer you to capable painters in our network.
5. Look at Your Landscaping
First impressions matter, and putting some work into your home’s exterior can make a big difference in how your guests and neighbors view it. Curb appeal can also make or break a potential buyer’s perception of your home—and significantly impact their offer. 
According to HomeLight, buyers will pay 7% more, on average, for a home with good curb appeal. And in some areas, the return on investment for improvements can exceed 300%.12
One of the best ways to improve curb appeal is through landscaping—and it doesn’t have to be elaborate. First and foremost, focus on keeping things neat, tidy, and welcoming. Mow your lawn, refresh any mulch, prune overgrown shrubs, and add pops of color with flowers. To take things up a notch, add outdoor lighting and plant perennial flowers along the sides of your walkway. 
When you’re ready to get started, reach out for a list of our favorite local garden centers where you can find all the necessary supplies.
6. Refinish Your Wood Floors
For many buyers, wood floors are a huge selling point. Unfortunately, they also tend to get scuffed and worn over time, especially if you have kids or pets. 
The good news? If your wood floors could use a touch-up, it’s well worth the time and cost. According to the National Association of Realtors, it’s the project that pays off the most in terms of resale value, with an average 147% return on investment.13
If you have a few days to devote to your floors, you can rent the necessary equipment from a local hardware store. While you’re there, pick up some basic supplies, like a putty knife, paintbrushes, sandpaper, and stain.14 And if you want to modernize your space, opt for a lighter wood tone, which is the current trend.15
Of course, we’re also happy to provide the names of trusted professionals who can tackle the work for you.
7. Clean or Replace Your Grout
Let’s face it: Whether it’s on a kitchen floor or a bathroom wall, grout gets grimy over time, even with regular cleaning. Fortunately, refreshing your grout is a relatively simple and affordable project that can yield impressive results. According to Apartment Therapy, grout that’s in poor condition is often one of the first things a potential buyer notices when they tour a bathroom.16 Fresh, clean grout, on the other hand, makes your bathroom sparkle—and that can pay off in a big way in terms of buyer’s perceptions. 
If your grout is simply stained, a focused cleaning session can make a big difference. Try a specialized product or a simple mix of baking soda, water, and hydrogen peroxide.16 If the grout is cracked, crumbling, or stained beyond repair, it’s time to replace it. Luckily, the right tools make that a very doable DIY project, even if it can get messy—and it’s a lot easier and less expensive than retiling.17
No time to tackle it yourself? Reach out for a recommendation from a pro who can help.
CHOOSING THE PROJECT THAT’S RIGHT FOR YOU
Embarking on home improvements can be exciting, but it's essential to choose projects that align with your goals, budget, and skill level. Whether you're preparing to sell your home or simply want to enhance its value, there are projects to suit every homeowner. 
If you're unsure where to start, don't hesitate to reach out for personalized advice and recommendations. With the right approach, you can unlock your home's full potential and enjoy the rewards for years to come.
The above references an opinion and is for informational purposes only. It is not intended to be financial, legal, or tax advice. Consult the appropriate professionals for advice regarding your individual needs.
Sources:
Posted in Homeowner Tips
July 2, 2024

2394 W Blue Willow Road, Flagstaff, AZ 86001

Kelly Broaddus |  eXp Realty | 888.446.5602 | Contact Kelly

2394 W Blue Willow Road, Flagstaff, AZ 86001

UNDER CONTRACT! Discover Luxury Living in Lockett Park: Stunning 4-Bedroom Home with Peak Views and Prime Location in Flagstaff, AZ

 

4 BD 2.5 BA  $1,250,000

 

Welcome to your dream home! This stunning 4-bedroom, 2.5-bathroom residence spans an impressive 2,568 square feet of livable space and is nestled in the serene neighborhood of Lockett Park. With incredible views of the peaks from the living room, master bedroom, back office, and backyard, this home is a true gem.

Located just a few houses away from Flagstaff trails, this property is perfect for outdoor enthusiasts who enjoy hiking, biking, walking, and running. The convenience of being close to skiing, shopping, and the hospital makes this home a favored location for many.

Step inside and be greeted by high 10-foot ceilings and elegant crown molding in the living area. The 8-foot custom doors throughout the home add a touch of sophistication. The layout is ideal for multi-generational living, featuring two separate wings that provide private spaces for each family member.

The spacious master suite is a sanctuary, complete with a giant bathtub, double sinks, a huge closet, a linen closet, and a walk-in shower. The Jack and Jill bathroom offers a deep tub and double sinks, perfect for shared use.

Every room in this home boasts custom closets, ensuring organization and ample storage. The large backyard is a relaxing retreat with a storage shed and gazebo. The sturdy, lifetime-coated fencing and newly installed artificial grass in the front lawn provide low-maintenance living and lower water bills. The mudroom features a side-by-side jumbo washer and dryer, making laundry a breeze.

The 3-car garage is equipped with custom closed storage closets, providing ample hidden storage space. This home has been meticulously maintained by the original owners and is in excellent working order.

Experience the warmth of a wonderful neighborhood where neighbors look out for each other and host regular neighborhood parties. This home blends luxury, comfort, and convenience in a prime Flagstaff location.

Don't miss out on the opportunity to make this exquisite home yours! Contact us today to schedule a viewing and discover the luxury living that awaits you in Lockett Park.

 

 

More photos and information here:

www.northernarizonafinehomes.com/property/197407

 

LOCATION

2394 West Blue Willow Road

Car-Dependent

Learn more about Flagstaff

N. Fort Valley Rd, left on Blue Willow, property on left after bridge.

115 - Lockett Park 

Our website features the best 115 - Lockett Park real estate search for homes, condo, land and foreclosure properties available. It is the only site you will ever need! It is easy-to-use and updated by the official REALTOR®’s database every 15 minutes. 

You can save searches, and get daily email alerts of new listings, price changes, sold data, and market reports. Our Interactive Map Search allows you to view properties on a map or refine your search by drawing the boundaries around the area you desire.

 

 

Search for Luxury Homes in Northern Arizona

Flagstaff AZ Homes for Sale $650,000 - $1M

Flagstaff AZ Homes for Sale Over $1M

Sedona AZ Homes For Sale $650,000 - $1M

Sedona AZ Homes for Sale Over $1M

Williams AZ Homes for Sale $650,000 - $1M

Williams AZ Homes for Sale Over $1M 

June 26, 2024

1231 Redwall Way, Williams AZ 86046

Kelly Broaddus |  eXp Realty | 888.446.5602 | Contact Kelly

 1231 Redwall Way, Williams AZ 86046

 

Discover Luxury Living: Firewise Mountain Lodge in Escalante at Williams Mountain, AZ


5 Beds | 4.5 Baths | $ 2,300,000

 

Welcome to an extraordinary mountain lodge located in the prestigious gated community of Escalante at Williams Mountain. This stunning home offers all city utilities and convenient access to I-40, making it the perfect blend of luxury and accessibility. Designed by renowned Sedona architect Gary Hassen from Kiva Associates, this 4,500 sq. ft. residence is a masterpiece of design and functionality, crafted to be Firewise with two outdoor gas fireplaces on the patio and seamlessly integrated into the natural landscape.

 

A Nature Lover's Paradise

Nestled on a private .79-acre lot, this home is surrounded by majestic oak trees, ponderosa pines, boulders, a seasonal creek, and a waterfall. For nature enthusiasts, this property offers access to dedicated Williams Mountain hiking trails and is frequently visited by deer, elk, nesting eagles, and red-tailed hawks. The adjacent lots are available for purchase, providing an opportunity to expand your private sanctuary to a total of 2.52 acres.

Exquisite Interior Design

The lodge-style interior is adorned with two massive 12-foot high native stone wood-burning fireplaces, a hearth room featuring a refurbished 1901 player piano, and a spacious open kitchen equipped with high-end appliances. A dining banquette flanked by a wall of windows overlooks the serene forest and ravine, creating a perfect setting for family meals and entertaining guests. The main level also includes a formal dining room, an office, 2.5 baths, a utility room, a dog run, and the primary bedroom. Both the primary bedroom and the main living area open onto a large deck with a grill, a bar, and a gas fireplace, with stairs leading to the lower-level patio and forest floor.

Entertainment Haven

The lower level is designed for ultimate entertainment, featuring a pool room, slot machines, a theater room with 21 surround sound speakers, a wine room with a 334-bottle capacity, a bunk room, a bedroom, two full baths, a second primary bedroom, and an elevator for easy access to the main level. This level opens onto a large, covered patio with recessed lights for nighttime games, a gas fireplace, and ample space for a ping pong table and other amenities. It also includes a kitchenette with a sink, refrigerator, and microwave.

Modern Conveniences

This home is equipped with three HVAC systems, a three-car garage, and a spacious stand-up storage area over the garage. The 12-foot ceilings enhance the beauty of the views through the 287 windows. Additional features include outdoor speakers on both upper and lower levels, a central vacuum system, a security system, a whole-house fire sprinkler system, a recirculating hot water system, and a leak detection main line shutoff. The Escalante community offers paved streets, city sewer, water, and gas, with HOA fees of just $700 a year, covering snow removal from the roads and strict enforcement of CC&Rs to protect property values.

Embrace the Best of Mountain Living

"You are wanted in Williams" is more than a slogan—it's a promise to all who come to experience this incredible community. Don't miss the opportunity to own this exquisite mountain lodge in Escalante at Williams Mountain. Contact us today to schedule a private tour and make this dream home your reality.

 

3D TOUR

More photos and information:

www.northernarizonafinehomes.com/property/197352

Location

1231 Redwall Way

Car-Dependent

Learn more about Williams

1-40 Exit 161 golf course exit, South - turn right onto Route 66 (this is a frontage road),follow to Redwall Way entrance gate.

 

Dining Nearby

  • If you are in Williams, you must visit them Red Raven! Highly recommend eating at this upscale yet casual restaurant in the heart of Williams Arizona.
  • Looking for good down-home cooking, very reasonable prices, and good service? Pine Country Restaurant is located along Route 66, right off the freeway so it's not completely out of your way to enjoy real food in a cute little town. 
  • If you're getting your kicks on Route 66, make sure you stop at Station 66 for a delicious dinner. Top-notch service, the interior is spacious and cool, there's an outdoor patio with music, and most importantly the food and drinks were great.

 

Attractions & Recreation

  • Elephant Rocks Golf Course - Splendid views from this great 18-hole course! Playing golf in an alpine forest & a mountain meadow makes for a tranquil day. The Clubhouse gives a National Park vibe.
  • Grand Canyon Railway Station - Refurbished train cars have been restored to their 1920s grandeur and air conditioning has been added. Comfortable seating and great views make for a pleasant journey through an ancient landscape.
  • Bearizona Wildlife Park - The best of all off-the-road entertainment anyone could want or desire. It contains both a car and a petting experience. Located just 10 minutes north of Williams AZ center of town, on Route 66.

Schools

Children in this community typically go to the following nearby schools:

  • Williams Elementary PK-5
  • Williams Middle School 6-8
  • Williams High School 9-12

 

Highland Meadows in Williams City Neighborhood Information 

Some Highland Meadows homes in Williams City come with stunning Bill Williams Mountain and lake views. Highland Meadows Subdivision is on the west side of Williams and is less than one half mile from Elephant Rocks Golf Course Club House. NO HOA FEES IN HIGHLAND MEADOWS JUST CC&R'S IN PLACE TO KEEP PROPERTY VALUES UP.

Contact Kelly Broaddus at kelly.broaddus@exprealty.com or call 888-4465602 to see other houses for sale in Williams.

 

Search for Homes in Williams, Arizona

Williams Homes for Sale Below $500,000

Williams Homes for Sale $500,000 - $750,000

Williams Homes for Sale $750,000 - $1M

Williams Homes for Sale $1M & Above

June 26, 2024

Struggling to Find Leads? Join Our Summer Challenge!

Our Summer Challenge will give great agents a chance to join our team and find leads.

 

We have an exciting challenge in store for you! This goes out to all the great agents out there who are struggling to find leads and close deals. We see your talent! That’s why we are hosting a summer challenge in July and August, and we want you to join us and test-drive our team.

 

We have the support, resources, and environment to help you succeed. We’ll help you complete the challenge of reaching 50 open houses or 5,000 dials in July and August. You’ll work alongside a team of supportive agents and use readily available tools, including a dialer and pre-dialed leads, to increase your productivity.

 

Are you ready to take on this challenge? Give us a call at (928) 606-6749 and look for Rebecca today. She will be happy to answer your questions and get you started. We would love to have you, and we’re excited to show you what we got.

Posted in Home Selling Tips
June 19, 2024

00 Crowley Trail Flagstaff, AZ 86001

Kelly Broaddus |  eXp Realty | 888.446.5602 | Contact Kelly

00 Crowley Trl Flagstaff AZ 86001 

Discover Your Off-Grid Paradise: Build Your Dream Retreat in Flagstaff’s Hidden Forest Oasis


5 Acres $550,000

 

Nestled in one of Flagstaff's best-kept secrets, this off-grid mountain oasis offers a unique blend of natural beauty and seclusion. Just 4 miles down a forest service road, you’ll find yourself surrounded by breathtaking 360-degree views, meadows, and towering trees. This parcel of land is a true hidden gem, perfect for those looking to build their dream mountain retreat.

 

Imagine waking up to the serene sounds of nature, with panoramic views of the mountains from every angle. The property is encircled by national forest and trails, making it an ideal location for outdoor enthusiasts. Whether you love hiking, biking, or simply soaking in the tranquility of the forest, this location has it all.

 

Despite its secluded feel, this oasis is conveniently located not too far from Flagstaff and even closer to Snowbowl, Arizona’s premier ski destination. You can enjoy the best of both worlds: the peace and solitude of your private retreat, with the amenities and attractions of Flagstaff just a short drive away.

 

This is a rare opportunity to own a piece of paradise in Northern Arizona. The property’s natural beauty and prime location make it a perfect spot for building the mountain retreat you’ve always dreamed of. Don’t miss your chance to see this picture-perfect forest neighborhood and make it your own.

 

Key Features:

  • Off-grid property with stunning 360-degree mountain views
  • Located 4 miles down a forest service road
  • Surrounded by national forest and trails
  • Perfect for building a mountain retreat
  • Secluded yet close to Flagstaff and Snowbowl
  •  

If you’re ready to escape the hustle and bustle and embrace a life of peace and natural beauty, this off-grid paradise in Flagstaff is waiting for you. Contact us today to learn more and schedule a viewing of this incredible property.

 

Photos and more information are here: 

www.northernarizonafinehomes.com/property/197256

 

Location

Crowley Trail

Car-Dependent

Learn more about Flagstaff

 

Attractions & Recreation

You’ll be well-situated to easily visit some of the most renowned attractions of northern Arizona, including the Grand Canyon, Sunset Crater and Wupatki National Monuments, Arizona Snowbowl Ski Resort, Arizona National Scenic Trail, and many other adventure opportunities. 

  • Museum of Northern Arizona - Excellent local museum, lots of Native American archeology and Anasazi artifacts.
  • Lowell Observatory - Astronomical observatory where the planet Pluto was discovered. Great place to go if you want to enhance your knowledge about astronomy, time with the stars on the horizon explained, and a chance to look through the giant telescope.
  • Riordan Mansion State Historic Park - Your tour will lead you through this historic home, filled with original artifacts, handcrafted furniture, and personal items belonging to the Riordan family.

 

Schools

Children in this community typically go to the following nearby schools:

  • Leupp Public Elementary School PK-5
  • Mount Elden Middle School 6-8
  • Flagstaff High School 9-12

Kendrick/Crowley Neighborhood Information

The Kendrick/Crowley neighborhood is a community of fine Custom Homes and land/lots with amazing views of San Francisco Peaks, Kendrick Mountain, Saddle Mountain, White Horse Hills, and Hochderffer Hills. Visit the Kendrick/Crowley community page for more information about this area.

Looking for a beautiful home or building site in Northern Arizona? Contact Kelly Broaddus at kelly.broaddus@exprealty.com or call 888-4465602 to see residential houses for sale in Flagstaff.

 

Lots/Land Parcels for Sale in Northern Arizona

Parks AZ LOT/LAND FOR SALE

FLAGSTAFF AZ LOT/LAND FOR SALE

SEDONA AZ LOT/LAND FOR SALE

WILLIAMS AZ LOT/LAND FOR SALE

June 14, 2024

716 W Aspen Flagstaff, AZ 86001, USA

Kelly Broaddus |  eXp Realty | 888.446.5602 | Contact Kelly

716 W Aspen Flagstaff, AZ 86001

UNDER CONTRACT! Charming 4-Bedroom Home in Flagstaff's Most Desired Neighborhood: Close to Downtown, Parks, and Trails!

 

4 BD 3 BA  $1,100,000

 

OPEN HOUSE Saturday, 6/29, 11 AM - 2 PM.

 

Welcome to a beautifully maintained 4-bedroom, 3-bath home nestled in one of Flagstaff’s most sought-after neighborhoods. This spacious residence exudes charm and elegance, featuring an en suite bedroom/family room with a private entrance, stunning oak floors and stairs, and large windows that bathe the home in natural light.

The kitchen is a chef’s dream, equipped with professional-grade appliances and a butcher-block island, perfect for preparing culinary delights. The second floor boasts a primary bedroom with glimpses of the majestic San Francisco Peaks, and an office/library/family room complete with custom-built bookshelves.

The property includes a detached 2-car garage with a spacious attic and an additional carport space. The backyard is a serene oasis with a vegetable garden, a small grassy area, and a Zen landscaped front yard. This home is ideally located, just a short stroll to downtown, the Farmer’s Market, Thorpe Park, and The Flagstaff Urban Trail.

Built with love in 1991 by long-time Flagstaff natives, this property is on the market for the first time in over 70 years. Located on a quiet block, yet close to the vibrant downtown area, you can enjoy festivals, dining, and coffee shops just steps from your front door. Imagine walking to the popular Sunday Farmer's Market, Art in the Park, and Oktoberfest, or taking a scenic hike up Mars Hill. You can even go fishing at the nearby Francis Short Pond.

Pre-inspected and meticulously maintained, this home is ready for its new owner to create lasting memories. This truly special residence awaits a discerning buyer who will cherish its history and unique charm. The current owners, moving to be closer to family, hope to find someone who will love this home as much as they have.

 

Don’t miss this rare opportunity to own a piece of Flagstaff’s history. Schedule a viewing today and discover the magic of this exceptional home.

 

 

More photos and information here:

www.northernarizonafinehomes.com/property/197187

 

LOCATION

716 West Aspen Avenue

Very Walkable

Learn more about Flagstaff, Townsite

Head northeast on Historic Rte 66/S Milton Rd/Rte 66, Sharp left onto W Santa Fe Ave, Turn right onto N Bonito St, Turn left onto W Aspen Ave, Destination will be on the right.

 

RESTAURANTS

Looking for an unusual menu with great range of flavors? Nomads Global Lounge a great place for you. Enjoy exceptional food and service set in a comfortable, charming backdrop at Josephine's Modern American BistroOlive Garden Italian Restaurant is also worth stopping, they offer great menu choices with many healthy (gluten and vegan ) options.

Schools

Some schools that are close to this area include 

  • Eva Marshall Elementary School
  • Mount Elden Middle School
  • Flagstaff High School

 

About Flagstaff Townsite


Experience true downtown Flagstaff living in Flagstaff Townsite, a short walk to Downtown Flagstaff. Vestiges of the past are still visible in some homes originally built at the turn of the 20th Century. Downtown is filled with restaurants/cafes, local breweries, art studios, coffee shops, and all the charm of historic Route 66. Take part in year-round outdoor events and activities from the heart of Flagstaff.

This is Historic downtown Flagstaff, the original location of the Flagstaff City Hall, Police Department, and Fire Station in the early 1950s.

 

 

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June 7, 2024

Mid-Year Market Update for 2024: What Buyers and Sellers Need to Know

 

 

Last December, when the Federal Reserve projected a series of benchmark rate cuts in the coming year, some analysts speculated that mortgage rates—which had recently peaked near 8%—would fall closer to 6% by mid-2024.1,2,3 Unfortunately, persistent inflation has delayed the central bank’s timeline and kept the average 30-year mortgage rate hovering around 7% so far this year.

 

While elevated mortgage rates have continued to dampen the pace of home sales and affordability, there have been some positive developments for frustrated homebuyers. Nationwide, the inventory shortage is starting to ease, and an uptick in starter homes coming on the market has helped to slow the median home price growth rate, presenting some relief to cash-strapped buyers.

 

There are also signs that sellers are adjusting to the higher rate environment, as a growing number list their properties for sale.4 Still, economists say a persistent housing deficit—combined with tighter lending standards and historically high levels of home equity—will help keep the market stable.

 

What does that mean for you? Read on for our take on this year's most important real estate news and get a sneak peek into what analysts predict is around the corner for 2024.

 

MORTGAGE RATE CUTS WILL TAKE LONGER THAN EXPECTED 

 At its most recent meeting on May 1, the Federal Reserve announced that it would keep its overnight rate at a 23-year high in response to the latest, still-elevated inflation numbers.6 

 

While mortgage rates aren’t directly tied to the federal funds rate, they do tend to move in tandem. So, while expected, the Fed’s announcement was further proof that a meaningful decline in mortgage rates—and a subsequent real estate market rebound—is farther off than many experts predicted. 

 

 “The housing market has always been interest rate sensitive. When rates go up, we tend to see less activity,” explained Realtor.com chief economist Danielle Hale in a recent article. “The housing market is even more rate sensitive now because many people are locked into low mortgage rates and because first-time buyers are really stretched by high prices and borrowing costs.”

 

 Many experts now speculate that the first benchmark rate cut will come no sooner than September, so homebuyers hoping for a cheaper mortgage will have to remain patient. 

 

 “We’re not likely to see mortgage rates decline significantly until after the Fed makes its first cut; and the longer it takes for that to happen, the less likely it is that we’ll see rates much below 6.5% by the end of the year,” predicted Rick Sharga, CEO at CJ Patrick Company, in a May interview.8

 

What does it mean for you?  Mortgage rates aren’t expected to fall significantly any time soon, but that doesn’t necessarily mean you should wait to buy a home. A drop in rates could lead to a spike in home prices if pent-up demand sends a flood of homebuyers back into the market. Reach out to schedule a free consultation so we can help you chart the best course for your home purchase or sale.

 

 

 BUYERS ARE GAINING OPTIONS AS SELLERS RETURN TO THE MARKET

 

 There is a silver lining for buyers who have struggled to find the right property: More Americans are sticking a for-sale in their yard.9 Given the record-low inventory levels of the past few years, this presents an opportunity for buyers to find a place they love—and potentially score a better deal. 

 

 In 2023, inventory remained scarce as homeowners who felt beholden to their existing mortgage rates delayed their plans to sell. However, a recent survey by Realtor.com shows that a growing number of those owners are ready to jump in off the sidelines.10 

 

 While the majority of potential sellers still report feeling “locked in” by their current mortgage, the share has declined slightly (79% now versus 82% in 2023). Additionally, nearly one-third of those “locked-in” owners say they need to sell soon for personal reasons, and the vast majority (86%) report that they’ve already been thinking about selling for more than a year.10  

 

 Renewed optimism may also be playing a part. “Both our ‘good time to buy’ and ‘good time to sell’ measures continued their slow upward drift this month,” noted Fannie Mae Chief Economist Doug Duncan in an April statement.11 

 

 However, the current stock of available homes still falls short of pre-pandemic levels, according to economists at Realtor.com. “For the first four months of this year, the inventory of homes actively for sale was at its highest level since 2020. However, while inventory this April is much improved compared with the previous three years, it is still down 35.9% compared with typical 2017 to 2019 levels.”4

 

What does it mean for you?  If you’ve had trouble finding a home in the past, you may want to take another look. An increase in inventory, coupled with relatively low buyer competition, could make this an ideal time to make a move. Reach out if you’re ready to search for your next home. 

 

If you’re hoping to sell this year, you may also want to act now. If inventory levels grow, it will become more challenging for your home to stand out. We can craft a plan to maximize your profits, starting with a professional assessment of your home’s current market value. Contact us to schedule a free consultation.

 

HOME PRICES ARE RISING AT A MORE MANAGEABLE PACE  

 

 Homebuyers struggling with high borrowing costs have something else to celebrate. The national median home price has remained relatively stable over the past year, due to sellers bringing a greater share of smaller, more affordable homes to the market.

 

 In addition to offering cheaper homes, a recent survey found that home sellers are also adjusting their expectations when it comes to pricing. In many regions, just 12% anticipate a bidding war (down from 23% last year) and only 15% expect to sell above list price (versus 31% in 2023).10

 

 But buyers shouldn’t expect a fire sale. According to Realtor.com’s April Housing Market Trends Report, “On an adjusted per-square-foot basis, the median list price grew by 3.8%, as homes continue to retain their value despite increased inventory compared with last year.”4 

 

 Dr. Selma Hepp, chief economist for the data firm CoreLogic, projects that home prices will keep rising at a gradual pace through the rest of 2024. “Spring home price gains are already off to a strong start despite continued mortgage rate volatility. That said, more inventory finally coming to market will likely translate to more options for buyers and fewer bidding wars, which typically keeps outsized price growth in check.”12

 

What does it mean for you?  An increase in more affordable housing stock is great news, especially for first-time buyers. And with home values expected to keep rising, an investment in real estate could help you build wealth over time. Reach out to discuss your goals and budget, and we can help you decide if you’re ready to take your first step on the property ladder.

 

 

 

 DESIRE TO OWN PERSISTS, BUT AFFORDABILITY REMAINS AN OBSTACLE 

 

 Surveys show that the American dream of homeownership is alive and well, despite the financial challenges. In fact, a recent poll by Realtor.com found that 55% of Millennial and 40% of Gen Z respondents believe that now is a good time to buy a home.13  

 

 According to Fannie Mae Chief Economist Doug Duncan, buyers are starting to adapt to the new economic reality. “With the historically low rates of the pandemic era now firmly behind us, some households appear to be moving past the hurdle of last year’s sharp jump in rates, an adjustment that we think could help further thaw the housing market. We noted in our latest monthly forecast that we expect to see a gradual increase in home listings and sales transactions in the coming year."  

 

 The Realtor.com study also revealed that even a small drop in mortgage rates could give a big boost to homebuyer demand and affordability. In fact, 40% of the buyers polled would find a home purchase attainable if rates fall under 6%, and an additional 32% plan to enter the market if rates dip below 5%.13 

 But waiting for rates to drop isn’t the only approach that Americans are using to afford a home. A survey by U.S. News & World Report found that determined homebuyers are employing a variety of strategies, including shopping multiple lenders (52%), purchasing discount points to lower their rates (36%), and opting for adjustable-rate mortgages (36%). More than three-quarters of today’s buyers also hope to refinance to a lower rate in the future.14 

 

 Despite the obstacles, these respondents remain steadfast in their desire to own a home, listing financial benefits, stability, and more space as their top motivations for wanting to buy.14

What does it mean for you?  If you’re dreaming of a new home, let’s talk. We can help you evaluate your options and connect you with a mortgage professional to discuss strategies you can use to make your monthly payments more affordable. And remember, in many cases, you can refinance if rates drop in the future. 

 

If you have plans to sell, it will be crucial to enlist the help of a skilled agent who knows how to maximize your profit margins and draw in qualified buyers. Reach out for a copy of our multi-step Property Marketing Plan.

 

WE'RE HERE TO GUIDE YOU  

 

 While national housing reports can give you a “big picture” outlook, much of real estate is local. And as local market experts, we know what's most likely to impact sales and drive home values in your particular neighborhood. As a trusted partner in your real estate journey, we can guide you through the market's twists and turns. 

 

 If you’re considering buying or selling a home in 2024, contact us now to schedule a free consultation. Let’s work together and craft an action plan to meet your real estate goals.

The above references an opinion and is for informational purposes only.  It is not intended to be financial, legal, or tax advice. Consult the appropriate for advice regarding your individual needs. 



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