May 20, 2022

Flagstaff AZ Real Estate Market Update- April 2022

Flagstaff AZ Real Estate Market Data Provided by The Kelly Broaddus Group Brokered by eXp / by Joselyn Uy

April 2022 Flagstaff Market Report

 

Is the Flagstaff Real Estate Market Shifting to Favor Homebuyers?

The Flagstaff market has been cooling off a bit in recent weeks, as more homes are available, and demand is less. The rapid rise in mortgage interest rates in March and April was slowing home sales, along with still-rising home prices. We are still in a Seller's Market. If the market continues to cool, then we will move to a more "balanced market". Expect prices to follow lower. Here's our latest update.

 

FLAGSTAFF HOME SALES

The Existing-Home Sales Retract 2.4% in April while Greater Flagstaff's housing sales declined 7.9% from March according to data provided by the Northern Arizona MLS. There was a total of 117 homes sold, which is also down 30.4% from a year ago.

"Higher home prices and sharply higher mortgage rates have reduced buyer activity," said Lawrence Yun, NAR's chief economist. "It looks like more declines are imminent in the upcoming months, and we'll likely return to the pre-pandemic home sales activity after the remarkable surge over the past two years."

 

April 2022 Flagstaff Home Sales By Type

 

In the month of April, the Broaddus Properties Group Brokered by eXp Realty sold two properties in Northern Arizona valued at over $600K, thanks to our Williams and Flagstaff clients. Last year we helped buy and sell 8 homes worth $3.3M+. 

 

FLAGSTAFF MEDIAN HOME PRICE

Flagstaff Median Home Price & DOM April 2022

"The median list-to-sales ratio for this area is 103.1%." List to Sales Ratio is the percentage of the list price that the buyer paid for the property. 

The median sold price in April is up 26% year over year to $696,000 a new monthly high. Homes remained on the market for an average of 38 days. This is slower than the 35 days we saw in March, but faster than the 46 days we saw a year prior.

If the market continues to cool, then expect prices to follow lower. It may take a few more weeks of slack demand for prices to reflect and begin to fall.

DOWNLOAD THE FULL FLAGSTAFF MARKET REPORT HERE

 

APRIL 2022 Flagstaff Market Watch Summary

2022 Flagstaff Real Estate Market Watch Total Home Sales - 117 homes, down 15.9% vs April 2021.

Median Sale Price - $696,000 up 26% vs April 2021, highest in more than a decade

Mortgage rates - Average 30-year fixed-rate mortgage rate ended 4/19 at 5.27%. Rates can change rapidly during the day, and massively from week to week even though they can also be very boring for months on end.

Longest days on market (SF): 443 days This is a newly built single level 3-bedroom, 2.5 baths home in the Timber Sky community with a 3-car attached garage

CDOM The acronym CDOM (Cumulative Days on Market) is used by the Flagstaff MLS to describe how many days a property has been available for sale. A property must be off the MLS for at least 90 days for the CDOM to restart, even if a different agent lists it. We report the average days on the market for properties sold based on CDOM.

The number of days a home sits on the market can tell us a lot about pricing. A high CDOM is commonly a strong indicator that the home is overpriced. 

 

FLAGSTAFF'S PRICIEST HOMES SOLD in APRIL 2022

FLAGSTAFF'S PRICIEST HOMES SOLD in April 2022

Photo courtesy of Realty One Group, Mountain Desert, Melinda Morfin

  • The highest-priced single-family Flagstaff home that sold in April was a $2,950,000 four-bedroom luxury custom home in Pine Canyon described as "mountain modern meets contemporary industrial"
  • The highest-priced Flagstaff townhome sale was a $704,000 4-bedroom townhouse in Presidio with an open floor plan and a two-story great room
  • The highest-priced Flagstaff condominium sale was a $1,400,000 three-bedroom, luxury main level Mountain Vista Condo in Pine Canyon, turn-key and fully furnished

 

THE MOST AFFORDABLE FLAGSTAFF HOMES SOLD in APRIL 2022

Lowest Priced Flagstaff Home in April 2022

Photo courtesy of RE/MAX Fine Properties, Weston Foster/Justin Bemis

  • The lowest-priced single-family Flagstaff home that sold in April was a $260,000 3-bedroom home in Sunnyside with an HR zoning that allows for multiple units - there's potential to convert the existing home to a duplex or build another home on the lot.
  • The lowest-priced Flagstaff townhome sale last month was a $275,000 three-bedroom Christmas Tree Estates townhome, no HOA. Close to the mall, shopping, and movie theater.
  • The lowest-priced Flagstaff condominium sold was a $205,000 one-bedroom second story studio in The Arbors. Close to Northern Arizona University, downtown shopping, restaurants.

Flagstaff Home Buyer Advice

Good news: Flagstaff home inventory rose 16% in April to a total of 602 homes listed on the NAMLS. Homebuyers have more homes to choose from, but this number is still lower than the same period last year. 

Mortgage rates are still rising. When mortgage rates rise, so does the monthly payment you’re able to lock in on your home loan. That could limit the amount of home you can afford to buy that’s within your financial reach.  .

Today, the average 30-year fixed mortgage rate is above 5%, and in the near term, experts say that’ll go up in the months ahead.

Buyers Purchasing power

While it’s true rising mortgage rates and home prices mean buying a house today costs more than it did a year ago, you still have an opportunity to set yourself up for a long-term win. Buying now lets you lock in at today’s rates and prices before both climb higher.

If you’d like to look at what’s available on the market today, you can view the homes that are available in the Northern Arizona MLS right now:

Click here to see all Flagstaff homes for sale

Search Northern Arizona Homes For Sale

 

Home Buying Tips Our home buyer's blog will help you plan and prepare for your successful home purchase and avoid headaches and surprises that may arise during the process.

Sign up for free to receive our updates about coming soon properties and homes for sale not listed on the MLS. I can set up a customized search so you’ll get notified when new listings that meet your criteria hit the market.

 

Flagstaff Home Seller Advice 

While increased interest rates are causing a dip in buyer demand, home inventory is still scarce. Slowing demand is also discouraging some homeowners from selling.

With demand and supply both slipping, the market isn’t likely to flip from a seller’s market to a buyer’s market anytime soon.

As a result, home prices are still expected to increase throughout 2022. Zillow predicts that annual home price appreciation will “continue to accelerate through the spring, peaking at 22% in May before gradually slowing to 17.8% by February 2023.” The increased mortgage rates will slow home price growth, but every major real estate firm still expects home prices to grow this year.

You may be wondering how inflation and our general economic situation play into this. While inflation is hitting the average consumer hard and some worry, we may see a recession in 2023, the real estate market is expected to remain strong. Interest rates are slowing down buyer activity, but it likely won’t be enough to cause a crash. 

In the lead-up to the crash of 2008, the real estate market had already experienced a significant downturn. That’s something we are not seeing today. Many are actually looking to the real estate market to lessen the impact of a possible recession in 2023.

Overall, it is still a fantastic market in which to sell your home. Prices have never been better, and while higher interest rates may make it harder to buy, there are plenty of strategies that can help you find a new home and make the whole process smoother.

The market projections are positive, but the future is still uncertain. This may be your last best chance to sell your home for top dollar before rates climb even more and price more buyers out of the market.

If you’re curious about what your home is worth in today’s market, click the image below then enter your address to instantly calculate your home’s value in today’s market based on recent Flagstaff home sales

 

What is the value of your Flagstaff Home?

 

Home Selling Tips Our blog for home sellers has tons of tips to help sell your home faster and add thousands of dollars to your bottom line. Check it out

We at The Kelly Broaddus Team with eXp Realty know that the only result that ultimately matters is that your home gets sold — and sold for the right amount. Satisfied clients say it all. Check out our 5 Star Reviews. 

If you have any questions about our market or are thinking about buying or selling in Flagstaff, don’t hesitate to call us at 888.446.5602 or email us at kelly.broaddus@exprealty.com. We’re out in the market every day helping clients to buy and sell in Northern Arizona, and we do research so we have the best advice to give you, no matter your situation.

 

You Might Be Interested In:

March 2022 Flagstaff Market Update

5 Ways to Write a Winning Offer in Today’s Flagstaff Real Estate Market

Seller’s Checklist: A Timeline to Prep Your Northern Arizona Home for Sale

May 19, 2022

7680 Hutton Ranch Road, Flagstaff, AZ 86004

Kelly Broaddus |  eXp Realty | 888.446.5602 | Contact Kelly

7680 Hutton Ranch Road, Flagstaff, AZ 86004

Adorable East Rural Flagstaff Home on 2.5 Acres with Exhilarating Mountain Views

4 Beds | 2 Baths | $599,890

OPEN HOUSE

SAT 5/28 11-3PM

Enjoy this adorable home with lots of space to spread out.  On the corner of two roads, this property is perfect to add an ADU or guest house with a separate entrance!  4 bedrooms and 2 bathrooms and an open floor plan, this affordable home is perfect!  Exhilarating views of the mountains right out all the windows in the back side of the home or while enjoying the hot tub.  The privately fenced courtyard is a great plus when enjoying barbecuing outside.  Call for a private showing, don't let this one get away!! 

Take A 3D Tour

Photos and more information here: 

www.northernarizonafinehomes.com/property/189845/

Location

7680 Hutton Ranch Road

Car-Dependent

Learn more about Hutton/Slayton in Flagstaff

Townsend Winona Rd to Hutton Ranch Rd

 

Amusement & Recreation 

  • 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. Beautiful 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.

Dining Nearby

If you’re looking for crafted BBQ and Cajun cooking drop by at Satchmo’s it's just a small detour from the main road. You can also drop by Tinderbox Kitchen and enjoy the tasty food and Flagstaff's authentic vibe. The Northern Pines, it's very conveniently located at the intersection of the I-17 and I-40, they offer lots of great breakfast, lunch and dinner choices made with real ingredients and served hot and fresh.

 

Schools

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

  • Sturgeon Cromer Elementary School PK-5
  • Sinagua Middle School 6-8
  • Coconino High School 9-12

Hutton Slayton Neighborhood

Slayton is a great, friendly neighborhood with impressive new homes built in recent years. Summer and fall invite invigorating outdoor pursuits to residents and visitors. Hike, ride, and watch all sorts of wildlife and birds. The area is also popular with cyclists due to its low traffic and paved roads.

Visit the Hutton/Slayton community page for more information about this rural neighborhood in east Flagstaff.

Contact Kelly Broaddus at kelly.broaddus@exprealty.com or call 888-4465602 to see this Adorable East Rural Flagstaff Home on 2.5 Acres with Exhilarating Mountain Views or other residential houses for sale in Flagstaff.

 

Search for Homes in Flagstaff, Arizona

Flagstaff Homes for Sale Under $400,000

Flagstaff Homes for Sale $400,000 - $500,000

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May 19, 2022

What Can Staging Do for You?

Kelly Broaddus  |  eXp Realty  |  888.446.5602  | Contact Kelly

An example of how staging your home when selling can help it shine.

 

Is staging worth it? To answer that question, I’m visiting a wonderful property I helped stage for one of my clients recently. In the video above, I’ll show you the before and after so you can see for yourself what staging can do. 

 

At 0:28 in the video, you can see that this home had a lot going on before staging. There was stuff everywhere, and personal items lined the walls. There’s nothing wrong with making your home feel like your own, but it isn’t the best way to get top dollar out of your sale. 

 

At 1:33 in the video, you can see how pristine everything looks after staging. The home feels inviting yet neutral. Buyers will be able to picture themselves living in this property and making it their own. 

 

This home is 2,500 square feet with over 20 acres of land. There are three bedrooms, two baths, and an 850 square-foot guest house. As you can see, the entire property is gorgeous. 

 

If you are interested in staging your home or have any questions about this property, please call or email me. I am always willing to help!

 

Posted in Home Selling Tips
May 17, 2022

346 Mountain View Mormon Lake, AZ 86038

Kelly Broaddus |  eXp Realty | 888.446.5602 | Contact Kelly

346 Mountain View Mormon Lake AZ

Escape the Summer Heat! Enjoy Northern AZ Mountain Living in this Cabin Under the Pines

  2 Beds | 1 Bath | $524,850

Enjoy this perfect cabin in the pines! Two bedrooms, one bathroom of perfection. Escape the summer heat and enjoy cool summer barbecues on your back deck or cook breakfast inside in your gourmet kitchen and enjoy breakfast on the front deck. This home has a new roof, septic, refinished cabinets in the kitchen and bathroom, new wood floors and interior paint. If you love the furnishings, they are available too! (Separate bill of sale) wonderful turnkey opportunity! Don't miss this charming home! VRBO Permitted

You will feel like you have your own forest with so many trees on the property. Welcome to your mountain retreat in the quaint town of Mormon Lake just outside of Flagstaff...the best of both worlds! Rural but only 30 minutes from Flagstaff. Converted from compost to septic 2020

Take a 3D Tour

Photos and more information here:

www.northernarizonafinehomes.com/property/189802/

 

LOCATION

346 Mountain View Avenue

Car-Dependent

More information on Walk Score

Right on ranger station, right on lake view - take a right at the dead-end sign at the fork in the road - continue lake view, you’ll ascend a small hill, at the top of the hill take your first left on Greenbank and then an immediate left on Mountain View. The house is on the right side.

Amusement & Recreation 

      • Coconino National Forest - One of the most diverse National Forests in the country with landscapes ranging from the famous Red Rocks of Sedona to Ponderosa Pine Forests, to alpine tundra.
      • Forest Highlands Meadow Course - Great view of majestic mountains where family and friends gather for recreation, rest, and rejuvenation.
      • The Flagstaff Aquaplex- A multi-generational recreation center which offers affordable community fitness and fun for everyone! 

Dining Nearby

Visit Mormon Lake Lodge Steak House to savor the delicious barbeque, mouthwatering steaks accompanied with hearty portions of your favorite sidekicks. If you like fresh light salads with delicate and delicious flavor, Taverna Modern Mediterranean is the place to come! Taverna has been a favorite dining destination since 2019 for delicious Mediterranean inspired foods. Silver Pine Restaurant and Bar is a great choice to satiate your cravings. This place can serve you at different hours of the day.

Nearby Schools

Mormon Lake Neighborhood Information 

Mormon Lake Village is a secluded community where one can enjoy the great outdoors with few limits. Visit the Mormon Lake community page to get more information about this Northern Arizona neighborhood.

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

Search for Homes for Sale in Northern Arizona

Flagstaff AZ Homes for Sale Under $650,000

Sedona AZ Homes For Sale Under $650,000

Williams AZ Homes for Sale Under $650,000

See All Mormon Lake AZ Homes for Sale  

May 12, 2022

2404 N Earle Drive, Flagstaff, AZ 86004

Kelly Broaddus |  eXp Realty | 888.446.5602 | Contact Kelly

2404 N Earle Drive, Flagstaff, AZ 86004

Live the Dream Flagstaff Lifestyle in this Updated Townhome Backing the Aspen Valley Golf Course

3 Beds | 2.5 Baths | $519,950

 Golf course living! Beautifully located Elk Run townhome backing to the private Aspen Valley Golf Course near hole #17 in the Continental Country Club. Live the dream while enjoying golf course views from the main floor deck, which adjoins the large great room and dining area. Owner just made 20k in updates. Main level also includes the kitchen, with new luxury vinyl extending to the hallway and powder room, new solid surface countertops, over $3k in new stainless-steel appliances (including conversion to gas stove), sink and faucet.  The updated powder room features a new quartz counter and new vanity. The lower level features the master bedroom and bathroom with a private deck overlooking the golf course, as well as a huge bonus room and laundry area with full size washer/dryer.  Upstairs has two bedrooms, one with golf course views, and a shared full bath. Includes a convenient 1-car detached garage with room to store your stuff. Enjoy the amenities of the Continental Country Club including the golf course, clubhouse, swimming pools, tennis/pickle ball courts, fitness center, and kids Bear Paw Activity Center with miniature golf.  

 

Other updates include: 

  • Freshly painted throughout with premium paint 
  • New door hardware for front door and interior doors 
  • Keyless entry lock 
  • New bath shower hardware, faucets and bath towel bars 
  • New ceiling fans and lighting throughout the house  
  • New 40-gal water heater 
  • GFCI outlets in kitchen 

 

Photos and more information here: 

www.northernarizonafinehomes.com/property/189732/

Location

2404 North Earle Drive

Car-Dependent

Learn more about Elk Run in Flagstaff

Country Club Dr to Soliere to Elk Run St to Whispering Pines to Earle Dr. Home is on the east corner of Whispering Pines and Earle Dr

 

Amusement & Recreation 

  • 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. Beautiful 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.

Dining Nearby

If you’re looking for crafted BBQ and Cajun cooking drop by at Satchmo’s it's just a small detour from the main road. You can also drop by Tinderbox Kitchen and enjoy the tasty food and Flagstaff's authentic vibe. The Northern Pines, it's very conveniently located at the intersection of the I-17 and I-40, they offer lots of great breakfast, lunch and dinner choices made with real ingredients and served hot and fresh.

 

Schools

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

  • Thomas M Knoles Elementary School PK-5
  • Mount Elden Middle School 6-8
  • Coconino High School 9-12

Elk Run Neighborhood

The Aspen Valley Golf Club is a private golf course in the Elk Run area of Flagstaff that features 5 sets of tees for different skill levels. Elk Run residents also have access to the Continental Country Club amenities as part of their $550 annual HOA dues. Visit the Elk Run community page for more information about this neighborhood in southeast Flagstaff.

Contact Kelly Broaddus at kelly.broaddus@exprealty.com or call 888-4465602 to see this Updated Townhome Backing the Aspen Valley Golf Course or other residential houses for sale in Flagstaff.

 

Search for Homes in Flagstaff, Arizona

Flagstaff Homes for Sale Under $300,000

Flagstaff Homes for Sale $300,000-$400,000

Flagstaff Homes for Sale $400,000 - $500,000

Flagstaff Homes for Sale $500,000 and above

 

May 9, 2022

5 Ways to Write a Winning Offer in Today’s Flagstaff Real Estate Market

Kelly Broaddus |  eXp Realty | 888.446.5602 | Contact Kelly

5 Ways to Write a Winning Offer in Today’s Real Estate Market

 

Our nation is in the midst of a serious housing crunch. Last year, a lack of inventory and soaring prices left many would-be Flagstaff homebuyers feeling pinched. But now, with interest rates climbing, many of them are also feeling desperate to lock in a mortgage—which has only added fuel to the fire.1

 

Fortunately, if you’re a buyer struggling to find a home in Northern Arizona, we have some good news. While it’s true that higher mortgage rates can decrease your purchasing budget, there are additional ways to compete in a hot market.

 

Yes, a high offer price gets attention. But most sellers consider a variety of factors when evaluating an offer. With that in mind, here are five tactics you can utilize to sweeten your proposal and outshine your competition.

 

We can help you weigh the risks and benefits of each tactic and craft a compelling offer designed to get you your dream Flagstaff/Sedona home—without giving away the farm.

 

1.   Demonstrate Solid Financing

The reality is, no one gets paid if a home sale falls through. That’s why sellers (and their listing agents) favor offers with a high probability of closing.

 

Sellers particularly love all-cash offers because there’s no chance of financing issues cropping up at the last moment. But don’t despair if you can’t pay cash for your home. According to the National Association of Realtors, only about 1 in 4 home purchases are all-cash deals, which means the vast majority are financed with a mortgage.2

 

If sellers are assured that financing will come through, buying with a mortgage doesn’t have to be a big disadvantage. The most important step you can take as a buyer is to get preapproved before you start looking for homes. A preapproval letter shows sellers that you are serious about buying and that you will be able to make good on your offer.

 

It’s also important to consider the reputation of your lender. While sellers may not know or care about a lender’s reputation, their agents often do. Some lenders are much easier to work with than others, especially if you are pursuing certain types of mortgages like FHA or VA loans.3 If so, you’ll want a lender who specializes in these types of mortgages. If you’re unsure who to choose, we are happy to refer you to reputable lenders known for their ease of doing business.

 

2.   Put Down a Sizeable Deposit

Buyers can show sellers that they’re serious about their offer and have “skin in the game” by putting down a large earnest money deposit.

 

Earnest money is a deposit held in escrow by a title company or the seller’s broker or lawyer.  If the purchase goes through, it is applied to the down payment and closing costs—if the sale falls through, the buyer may lose some or all of that deposit.

 

While an earnest money deposit is typically around 1-2% of the sale price, offering a higher deposit can help demonstrate to the buyer that you are serious about the property.4 However, this strategy can also be risky. We can help you determine an appropriate deposit to offer based on your specific circumstances.

 

3.   Ask for Few (or No) Contingencies

Most real estate offers include contingencies, which are clauses that allow one or both parties to back out of the agreement if certain conditions are not met. These contingencies appear in the purchase agreement and must be accepted by both the buyer and seller to be legally binding.5

 

Common contingencies include:

  • Financing: A financing contingency gives the buyer a window of time in which to secure a mortgage. If they are unable to do so, they can withdraw from the purchase and the seller can move on to other buyers.
  • Inspection: An inspection contingency gives the buyer the opportunity to have the home professionally inspected for issues with the structure, wiring, plumbing, etc. Typically, the seller may choose whether or not to remediate those issues; if they do not, the buyer may withdraw from the contract.
  • Appraisal: Most lenders will not offer a mortgage on a home that costs more than it's worth. An appraisal contingency gives the buyer an opportunity to get the home professionally assessed to ensure that its value is at or above the sales price. If an appraisal comes in low, the seller may be asked to renegotiate the contract.
  • Sale of a prior home: Some buyers cannot afford to purchase a new home until they sell their previous one. If the buyer is unable to sell their current home within a specified window of time, this contingency enables them to withdraw from the contract without penalty.

 

Since contingencies reduce the likelihood that a sale will go through, they generally make an offer less desirable to the seller. The more contingencies that are included, the weaker the offer becomes. Therefore, buyers in a competitive market often volunteer to waive certain contingencies.

 

However, it’s very important to make this decision carefully and recognize the risks of doing so. For example, a buyer who chooses to waive a home inspection contingency may find out too late that the home requires extensive renovations, and a buyer who waives the appraisal may risk their mortgage falling through. If you back out of a home purchase without the protection of a contingency, you could lose your earnest money deposit.6 We can help you assess the risks and benefits involved.

 

4. Offer a Flexible Closing Date and/or Leaseback Option

When it comes to selling a house, money isn’t everything. People sell their homes for a wide variety of reasons, and flexible terms that work with their personal situations can sometimes make all the difference. For example, if a seller is in the process of planning a significant move, they may prefer a longer closing timeline that gives them time to find housing in their new location.

 

Similarly, short-term leaseback options, in which the sale is completed but the seller retains the right to rent the home for a specified period of time, can be compelling.7 These arrangements enable the seller to use the money from the sale of their home to purchase their next house. A leaseback agreement also makes it possible for them to avoid moving twice when their next home is not yet ready to occupy.

 

Flexible closing dates and leaseback options can provide a powerful advantage for first-time homebuyers. If you have a month-to-month or easily transferable lease, for example, you may be able to offer a more flexible timeline than a buyer who is simultaneously selling their existing home.

 

Of course, the value of these terms depends on the seller’s situation. We can reach out to the listing agent to find out the seller’s preferred terms, and then collaborate with you to write a compelling offer that works for both parties.

 

5. Work with a Skilled Buyer’s Agent

In this ultra-competitive real estate market, one of the greatest advantages you can give yourself is to work with a skilled and trustworthy real estate professional. We will make sure you fully understand the process and help you submit an appealing offer without taking too much risk.

 

Plus, we know how to write offers that are designed to win over both the seller and their listing agent. The truth is, listing agents play a huge role in helping sellers evaluate offers, and they want to work with skilled buyer’s agents who are professional, communicative, and courteous.

 

Once your offer is accepted, we’ll also handle any further negotiations and coordinate all the paperwork and other details involved in your home purchase. The best part is you’ll have a knowledgeable, licensed advocate on your side who is watching out for your best interests every step of the way.

 

Helping You Get to the Right Offer

In many cases, a competitive offer doesn’t need to be all-cash, contingency-free, or significantly above asking price. But if you’re serious about buying a Flagstaff home in today’s market, it’s important to consider what you can do to sweeten the deal.

 

If you’re a buyer, we can help you compete in today’s market without getting steamrolled. And if you’re a seller, we can help you evaluate offers by taking all the relevant factors into account. Contact us today at 928.606.6749 or email kelly.broaddus@exprealty.com to schedule a free consultation.

 

 

Sources:

  1. National Association of Realtors -
    https://www.nar.realtor/newsroom/pending-home-sales-dwindle-4-1-in-february
  2. National Association of Realtors -
    https://www.nar.realtor/newsroom/existing-home-sales-fade-7-2-in-february
  3. Forbes -
    https://www.forbes.com/advisor/mortgages/housing-crisis-tips/
  4. Realtor.com -
    https://www.realtor.com/advice/finance/earnest-money-deposit-mistakes-buyers-make/
  5. Bankrate -
    https://www.bankrate.com/real-estate/contingency-clause/
  6. Home Buying Institute -
    http://www.homebuyinginstitute.com/mortgage/risks-of-waiving-a-contingency/
  7. Realtor.com -
    https://www.realtor.com/advice/sell/what-is-a-rent-back-agreement
 
 
 
 
 
 

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Seller’s Checklist A Timeline to Prep Your Home for Sale

March 2022 Flagstaff Market Report

 

 

Posted in Home BuyingTips
May 5, 2022

2764 N Mariah Way Flagstaff AZ 86004

Kelly Broaddus |  eXp Realty | 888.446.5602 | Contact Kelly

2764 N Mariah Way Flagstaff AZ 86004

Back on Market! Here's Your Chance to Own an Affordable Continental Country Club Home, Don't Miss Out!

  3 Beds | 2 Baths | $639,850

Wonderful opportunity to own an affordable home in Continental Country Club! Large deck in back yard and nice wood deck in front to enjoy the nice weather. With a little love, this home would shine! Located on a cul-de-sac, this wonderful home is full of possibilities! Within easy distance of all Continental Country Club's amenities, and a short drive to the Flagstaff Mall and Auto Park.

 

Photos and more information here:

https://www.northernarizonafinehomes.com/property/189633/#

Take a Virtual Tour: VIRTUAL TOUR

 

LOCATION

Butler, left on Continental, left on Rio de Flag, right on Carefree Circle, right on Mariah Way - home is on left

Amusement & Recreation 

      • NAU Art Museum- Includes an exhibit building, research labs, and state of the art collections facilities for more than five million Native American artifacts, natural science specimens, and fine art pieces.
      • Hal Jensen Recreation Center - Is designed for family fun and fitness with a variety of drop-in hours.
      • Thorpe Park Center - 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.  

Dining Nearby

Nearby restaurants include Nomads Global Lounge, if you are looking for an unusual menu with a great range of flavors this is a great place for you. You can also drop by at Tinderbox Kitchen and enjoy the good food and Flagstaff's authentic vibe. Satchmo’s is also a great place for dinner with a group. If you're looking for crafted BBQ and Cajun cooking it's just a small detour from the main road.

Nearby Schools

      • Thomas M Knoles Elementary School
      • Mount Elden Middle School
      • Coconino High School

Continental Country Club Neighborhood Information 

Residents on HOA enjoy access to club house with pools and tennis and all amenities that Continental Country Club has to offer. This is a quiet and friendly area yet close to Flagstaff's downtown. Visit the Continental Country Club community page for more information about this premier Flagstaff community with an 18-hole course nestled at the foot of the San Francisco Peaks. 

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

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April 28, 2022

4263 Canyon Loop, Flagstaff, AZ 86005

Kelly Broaddus  |  eXp Realty  |  888.446.5602  | Contact Kelly

4529 Canyon Loop Loop, Flagstaff, AZ 86001 

Great Opportunity to Own a 1/4 -Acre Lot in South Rural Flagstaff
 $199,850

 

Wonderful opportunity to own a Kachina Village lot of nearly 1/4 acre. Home or mobile home or buy in conjunction with the home for sale at 4259 Canyon LOOP, MLS listing # 189424

 

Photos and more information here: 

www.northernarizonafinehomes.com/property/189504/

 

 

Location

4529 Canyon Loop

Car-Dependent

Learn more about Flagstaff

South on I-17, take exit 333 to Kachina Blvd, turn right and follow Kachina Trail, turn left, follow Canyon Loop on the right. Home is on the right.

 

Nearby Attractions & Recreation

  • Flagstaff Extreme Adventure Course - Adventure Course has (7) different courses and they train you first on the Demo course. It is a very professional place, and all about safety. The second course is Adventure zip lines, which was closed and being checked by the professionals. They also have a Kids Course too.
  • Fort Tuthill County Park - Incredible recreational area with a full campsite to top it off. Adventure climbing, hiking trails and the Frolf course on location make this the perfect weekend getaway with the concert venue within walking distance.

Dining Nearby

Nearby restaurants include Subway. An alternative to traditional fast food where they serve delicious ingredients and mouth-watering flavors of their sandwiches, salad and wrap combination. You can also find Olive Garden Italian Restaurant; they offer great menu choices with many healthy (gluten and vegan) options. Check out the Cafe Rio Mexican Grill and try their authentic Mexican food freshly made every day.

Nearby Schools

Kachina Village Neighborhood

Located right next to the Forest Highlands Golf Club community, Kachina Village is one of the southernmost suburbs of Flagstaff, AZ at 7 miles on I-17. No HOA.

If you are looking for an affordable property in Flagstaff, you might find your dream home or homesite in this community. Contact 888.446.5602 to set up an appointment.

 

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April 27, 2022

3166 W Raven Ct Williams, AZ 86046

Kelly Broaddus |  eXp Realty |  888.446.5602 | Contact Kelly

 3166 Raven Court, Williams, AZ 86046

Under Contract! Beautiful City of Williams Home with Forest & Golf Course Views
3 Beds | 2.5 Baths | $679,750

Imagine waking up to a morning walk out your back door to the forest, walking across the way to enjoy a game of golf, this home is positioned for every type of enthusiast! Enjoy 3 bed 2.5 bath with a potential two loft bedrooms, it is exquisite! With all the custom wood features, you will love just sitting and looking at it all! With plenty of room for toys, the 3-car attached garage with bonus storage gives you plenty of room for everything! This one is a must see! Don't miss out!

Take a Virtual Tour

More photos and information:

www.northernarizonafinehomes.com/property/189487/

 

Location

3166 Raven Court

Car-Dependent

Learn More About Williams City

West on I-40 to exit 161, turn right follow frontage road to Country Club Rd, turn left on Highland Meadows Dr follow around to Raven Court. Home is towards the back and right

 

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.

 

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April 21, 2022

4259 Canyon Loop Flagstaff, AZ 86005

Kelly Broaddus |  eXp Realty |  888.446.5602  | Contact Kelly

4259 Canyon Loop, Flagstaff, AZ 86005

Back on the Market! Adorable Kachina Village Cabin with Forest Views!

3 Beds | 2 Baths |$649,850

 

Location, did I say location? This cabin is what everyone is looking for! Enjoy sitting on the deck above Pumphouse wash, surrounded by trees and an unobstructed view of the forest, this 3-bedroom 2 bath cabin is ready for you to enjoy this summer. The owner has meticulously loved and cared for this charming home. Perfect for a VRBO or for personal family use. Wonderful character with beautiful wood everywhere you look inside. In addition, the adjacent lot is also available, Perfect for an additional home, garage, or guest house. Don't miss out!

Photos and more information here:

www.northernarizonafinehomes.com/property/189424/

Take a Virtual Tour: COMING SOON

 

Location

4259 Canyon Loop

Car-Dependent

Learn more about Kachina Village Flagstaff

South on I-17, take exit 333 to Kachina Blvd, turn right and follow to Kachina Trail, turn left, follow to Canyon Loop on the right. Home is on the right.

 

Nearby Attractions & Recreation

  • Flagstaff Extreme Adventure Course - Adventure Course has (7) different courses and they train you first on the Demo course. Very professional place, and all about safety. The second course is Adventure zip lines, which was closed and being checked by the professionals. They also have a Kids Course too.
  • Fort Tuthill County Park - Incredible recreational area with a full campsite to top it off. Adventure climbing, hiking trails and Frolf course on location makes this the perfect weekend getaway with the concert venue within walking distance.

Dining Nearby

Nearby restaurants include Subway. An alternative to traditional fast food where they serve delicious ingredients and mouth-watering flavors of their sandwiches, salad and wrap combination. You can also find Olive Garden Italian Restaurant; they offer great menu choices with many healthy (gluten and vegan) options. Check out the Cafe Rio Mexican Grill and try their authentic Mexican food freshly made every day.

Nearby Schools

 

Kachina Village Neighborhood

If you are looking to buy an affordable Flagstaff single-family home, you will still find homes under $300,000 in this area. Right next to the Forest Highlands Golf Club community, Kachina Village is one of the southernmost suburbs of Flagstaff, AZ at 7 miles on I-17. No HOA.

If you are looking for an affordable home in Flagstaff, you might find your dream home in this community. This home will sell fast. Contact 888.446.5602 to set up an appointment.

 

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