Nov. 20, 2019

5 Steps to Finding Your Next Flagstaff or Sedona Home

Kelly Broaddus |  888.446.5602  | Contact Kelly

5 Steps to Finding Your Next Home

 

Whether you’re a first-time buyer or a seasoned homeowner, shopping for a new home can feel daunting. In fact, 56% of buyers said that “finding the right property” was the most difficult step in the home buying process.1

Buying a home is a significant commitment of both time and money. And a home purchase has the power to improve both your current quality of life and your future financial security, so the stakes are high.

5 Steps to Finding Your Next Home in Northern Arizona

Follow these five steps—and complete the corresponding worksheet offered below—to assess your priorities, streamline your search, and choose your next home with confidence.

STEP 1: Set Your Goals and Priorities

The first step to finding your ideal home is determining WHY you want to move.

  • Do you need more space?
  • Access to better schools?
  • Less maintenance?
  • Or are you tired of throwing money away on rent when you could be building equity?

Pinpointing the reasons why you want to move can help you assess your priorities for your home search. 

Don’t forget to think about how your circumstances might change over the next few years. Do you expect to switch jobs? Have more children? Get a pet? A good rule of thumb is to choose a house that will meet your family’s needs for at least the next five to seven years.Be sure to set your goals accordingly.

 

STEP 2: Determine Your Budget

Many financial professionals recommend following the “28/36 Rule” to determine how much you can afford to spend on a home. The rule states that you should spend no more than 28% of your gross monthly income on housing expenses (e.g., mortgage, taxes, insurance) and a maximum of 36% of your gross monthly income on your total debt obligations (i.e., housing expenses PLUS any other debt obligations, like car loans, student loans, credit card debt, etc.).3

Of course, the 28/36 rule only provides a rough guideline. Getting pre-qualified or pre-approved for a mortgage BEFORE you begin shopping for homes will give you a much more accurate idea of how much you can borrow. Add your pre-approved mortgage amount to your downpayment to find out your maximum purchasing potential.

STEP 3: Choose a Location

When it comes to Flagstaff or Sedona real estate, WHERE you choose to buy is just as important as WHAT you choose to buy.

Do you prefer a rural, urban, or suburban setting? How long of a commute are you willing to make? Which neighborhoods feed into your favorite schools? These decisions will impact your day-to-day life while you live in the home.

Another important factor to consider is how the area is likely to appreciate over time. Choosing the right neighborhood can raise the profit potential of your home when it comes time to sell. Look for communities that are well maintained with high home-ownership rates, low crime rates, and access to good schools, desired retail establishments, and top employers.4

STEP 4: Decide Which Features You Need (and Want) in a Home

Start with the basics, like your ideal number of bedrooms, bathrooms, and square footage. Do you prefer a one-story or two-story layout? Do you want a swimming pool? There are very few homes with pools because of Flagstaff's cool weather.

Keep in mind, you may not find a home with all of your “wants,” or even all of your “needs” … at least not at a price you can afford. The reality is, most of us have to make a few compromises when it comes to buying a home.

Some buyers will opt for a longer commute to get a larger, newer home in the suburbs. Others will sacrifice hardwood floors or an updated kitchen so that their kids can attend their desired school. 

If you’re faced with a tough choice about how or what to compromise in your home search, return to STEP 1. What were your original goals and motivations for moving? Reminding yourself of your true priorities can often provide the clarity that you need.

 

STEP 5: Meet with a Flagstaff/Sedona Real Estate Agent

A good real estate agent can remove much of the stress and uncertainty from the home search process. From setting goals to securing a loan to selecting the best neighborhood to meet your needs, we will be there to assist you every step of the way.

And no one has more access to home listings, past sales data, or market statistics than a professional agent. We can set up a customized search that alerts you as soon as a new listing you might like goes live. Better yet, we get notified about many of the hottest homes even BEFORE they hit the market.

You might guess that the VIP service we provide is very expensive. Well, the good news is, we can represent you throughout the entire home buying process at NO COST to you. It’s true; the home seller pays a buyer agent’s fee at closing. So you can benefit from our time, experience, and expertise without paying a dime. It’s no wonder 87% of buyers choose to purchase their home with the help of an agent.1

And although we’ve listed it here as STEP 5, the reality is, it’s never too early (or too late) to contact us about buying your Flagstaff/Sedona home. Whether you plan to buy today, next month, or next year, there are steps you can (and should) be taking to prepare for your purchase. Call or text 928.606.6749 or email kelly.broaddus@exprealty.com.

Call us today to schedule a free consultation!

Tap to call button.

 

The above references an opinion and is for informational purposes only.  It is not intended to be financial advice. Consult a financial professional for advice regarding your individual needs.

 

Sources:

  1. NAR 2019 Home Buyers & Sellers Generational Trends Report – https://www.nar.realtor/sites/default/files/documents/2019-home-buyers-and-sellers-generational-trends-report-08-16-2019.pdf
  2. Architectural Digest – https://www.architecturaldigest.com/story/this-is-how-long-you-should-live-in-your-house-before-selling-it
  3. Investopedia – https://www.investopedia.com/terms/t/twenty-eight-thirty-six-rule.asp
  4. Money Talks News – https://www.moneytalksnews.com/20-clues-youre-buying-home-the-right-neighborhood/

 

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Posted in Home BuyingTips
Nov. 15, 2019

Best Flagstaff Open Houses This Saturday: Nov 16, 2019

by Merry Pedroso

Open House Nov 9 2019

Mark your calendars! Whether you are searching for a family home, a great rental investment opportunity or if you are a first-time buyer, we have a place for you.  We have two stellar Open Houses this Saturday that you can’t afford to miss. Each offer fantastic location with luxurious interiors, loads of charm, and is great for families.

If you aren’t making your way to these open houses this weekend, then you are missing out! Please click on the picture or address to get more information. See the list below. Got questions about the house or the neighborhood? Want as private showing? Call Kelly at 888-446-5602

 

Where: 5220 E Mockingbird Drive Flagstaff, AZ 86004 in Continental Country Club

When: 12:00 to 2:00 p.m. Saturday, November 16

4 Beds | 2.5 Baths |2,340 SqFt

Photos and more information here: 

https://www.northernarizonafinehomes.com/property/178982/

Where: 110 San Patricio Dr Sedona, AZ 86336 in West Sedona

When: 12:00 to 2:00 p.m. Saturday, November 16

4 Beds | 3.5 Baths | 2,700 SqFt

Photos and more information here: 

https://www.northernarizonafinehomes.com/property/179335/

 

YOUR FREE LIST OF UPCOMING OPEN HOUSES IN FLAGSTAFF


Here is the link, check it out, no registration required  http://ow.ly/wtGf50ufwjB

 

YOU MIGHT BE INTERESTED IN...

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Millions Mapped
Nov. 13, 2019

2682 W Jaclyn Drive Flagstaff, AZ 86001

Kelly Broaddus |  888.446.5602  | Contact Kelly  

updated: 11/19/19

2682 W Jaclyn Drive Flagstaff AZ 

Beautiful 3 Bedroom Home on One of The Largest Lots in Presidio 

3 Bed | 2.5 Baths | 1, 697 Sq Ft | $359,850

Nestled on one of the largest lots in desirable Presidio, this beautiful 3 bedroom, 2.5 bath home boasts serene mountain and forest views. Landscaped front and backyard with an underground winterized irrigation system. The spacious kitchen features granite countertops and new stainless LG appliances. Other upgrades include engineered hardwood flooring, faux wood blinds, fiber optics wiring. There is a storage room with built-in shelving, double Shower, and Sunken tub in Master Suite with hookups for A/C or Jacuzzi, separate laundry room with Duet Whirlpool appliances. Oversized 2 car tandem garage. Outdoor fire pit. Close to three playgrounds, NAU, forest trails, and popular downtown Historic Flagstaff. Come check this out!

Photos and more information here: https://www.northernarizonafinehomes.com/property/179667/

Professional pics & Virtual Tour COMING SOON

Location

2682 West Jaclyn Drive

Car-Dependent

Explore Presidio in the Pines Flagstaff

Take Route 66 east, turn south on Woody Mountain Road, left on W Patio Del Presidio, left on S Pais Del Norte, right on W Jacyln Dr. Home is on the left

Attractions & Recreation

  • Presidio Children's & Dog Park - Well maintained community park with parking.
 

Dining Nearby

 

Schools

  • Manuel De Miguel Elementary School PK-5
  • Flagstaff High School 9-12
  • Mount Elden Middle School 6-8

 

Location

 

If you are looking for an affordable home on of the best Flagstaff golf neighborhoods, this is it. Contact 888.446.5602 to arrange for a private showing.

The Presidio in the Pines Neighborhood

There is a monthly HOA fee of $50 Cottages at Cedar Ridge

Search for Homes in Flagstaff, Arizona

 

 

Nov. 12, 2019

3465 S Clubhouse Circle, Flagstaff, AZ 86005

Kelly Broaddus  |  eXp Realty  |  888.446.5602  | Contact Kelly

See all homes for sale in Pine Canyon

3465 S Clubhouse Circle, Flagstaff, AZ

This Elegant, Move-In Ready New Build Mountain Home with Golf Course Views is the Perfect Blend of Modern & Rustic Style

4 Bed | 4.5 Baths | 4,100 Sq Ft 

Open House: Nov 23, Sat. 12-2PM

This 4 BR/4.5 bath custom mountain dream home finished in 2019 comes fully furnished and ready for immediate move-in. No expense spared and no detail overlooked, this exceptionally open floorplan is a mix of mountain modern and warm rustic style, sure to capture the heart of even the most refined buyer. 30' ceilings accompany an open 1500 sq foot great room, with 4 en suite BR and bonus TV room/office offers open, fluid elegance not often experienced in Pine Canyon. Floor to ceiling windows drench the great room and master with natural light, and the 900 sq foot surround deck with filtered golf course views give this unique treehouse home balance of privacy and desirable location. Lots of upgrades! Renowned AZ builder. Avoid the stress of a move with this unique turn-key opportunity!

Photos and more information here: https://www.northernarizonafinehomes.com/property/179668/

Take a Virtual Tour: https://www.tourfactory.com/2677881

INTERIOR FEATURES:

Open Great Room/Kitchen

Large 1500 SQFT great room with 30' tongue and groove wood ceilings feature large 14' Nanawall door in the great room for indoor/outdoor integration. Large dramatic gas linear fireplace with steel accents

Open Great Room & Kitchen at 3465 Clubhouse Cir

The kitchen boasts Thermador professional-grade appliance, massive 15' long tiered island with waterfall edges that seats 9+ people, 48" range with double ovens, 30" fridge & freezer column with cabinetry finish, under-cabinet LED strip lighting and strip plugs. Off of the kitchen is the powder room with floating vanity.

Bedrooms

  1. Separate entrance for en suite wing
  2. Large master bedroom with walls of glass and golf course views
  3. Master retreat includes tongue and groove ceilings and exits to a huge deck with views
  4. Master bath has a freestanding tub directly in front of the fireplace
  5. Large walk-in shower with rain head and handheld attachment
  6. Master bath showcases floating vanities with quartz countertops
  7. Linen closet with barn door finish
  8. Master has a large walk-in closet that offers private entry to the laundry room.

Other features:

  • FLEX ROOM with double barn doors
  • Custom window treatments.
  • Internet hard wired to each room
  • Security system with cameras
  • All furnishings convey (detailed list of what will NOT convey to be provided during inspection period)

Exterior Features:

Garage 3 car garage, the double door is 10' garage door, cabinetry in the garage.

Deck Large 850 SQFT composite deck

Other features:

  1. Architectural steel
  2. Front accent lighting
  3. Dramatic front entrance
  4. Spray foam insulation under the roof and between walls
  5. Low maintenance engineered fascia
  6. Metal accent headers
  7. Large extended front roof
  8. Anderson wood-clad windows
  9. An outdoor big screen TV
  10. Cedar exterior siding
  11. Large stone foyer
  12. Custom pavers driveway

Location

3465 South Clubhouse Circle

Car-Dependent

Explore Pine Canyon in Flagstaff

 

Dining Nearby

If you are looking for an amazing meal and enjoy Indian cuisine drop by at Delhi Place. You must try pizza with soppressata, pistachio, and honey at the Fat Olives. This is also a great place for dinner with a group. 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. 

 

Attractions & Recreation

  • Lowell Observatory- Astronomical observatory where the planet Pluto was discovered.  Enjoy the live indoor astronomy presentations about eclipses; the sun; and the galaxies. Very kid/family-friendly.
  • Flagstaff Extreme Adventure Course - Facility at Fort Tuthill County Park offering treetop suspended obstacle courses for kids & adults.
  • Walnut Canyon National Monument - features prehistoric archaeological sites that are spectacularly located in cliffs and along the rim of Walnut Canyon. 

 

Schools

  • Lura Kinsey Elementary School PK-5
  • Flagstaff High School 9-12
  • Mount Elden Middle School 6-8

 

Pine Canyon Neighborhood Information

Pine Canyon is the newest and most exclusive golf course community in Northern Arizona offering luxury homes, custom home sites and more. This stunning, 600+ acre private golf community is located in Flagstaff, Arizona's charming high country, adjacent to the breathtaking Coconino National Forest. Visit the Pine Canyon community page to get more info about HOA fees, amenities and the latest homes listed in the area

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

 

Search for Luxury Homes in Flagstaff, Arizona

Flagstaff Luxury Homes for Sale $750,000 - $1M

Flagstaff Luxury Homes for Sale $1M - $2M

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Nov. 8, 2019

Best Flagstaff Open Houses This Saturday: Nov 9, 2019

by Merry Pedroso

Open House Nov 9 2019

Whether you are searching for a family home, a great rental investment opportunity or if you are a first-time buyer, we have a place for you. This Saturday we are putting the spotlight on three open houses in Sedona and Flagstaff that are sure to please. Each offer fantastic locations, exceptional interiors, room to entertain and a variety of price points. The best part? These Open House picks are all under $780,000.

Tour them this Saturday and tell us which is your favorite. Please click on the picture or address to get more information. See the list below. Got questions about the house or the neighborhood? Want as private showing? Call Kelly at 888-446-5602

 

Where: 1138 W Weston Trail, Flagstaff, AZ 86005 in Ponderosa Trails

When: 12:00 to 2:00 p.m. Saturday, November 9

3 Beds | 2 Baths | 1,609 SqFt

Photos and more information here: 

https://www.northernarizonafinehomes.com/property/179198/

 

Where: 110 San Patricio Dr Sedona, AZ 86336 in West Sedona

When: 12:00 to 3:00 p.m. Saturday, November 9

4 Beds | 3.5 Baths | 2,700 SqFt

Photos and more information here: 

https://www.northernarizonafinehomes.com/property/179335/

 

Where: 811 W Lone Star Trail, Flagstaff, AZ 86001 in Ponderosa Trails

When: 12:00 to 2:00 p.m. Saturday, November 9

4 Beds | 2.5 Baths | 2,481 SqFt

Photos and more information here: 

https://www.northernarizonafinehomes.com/property/178744/

 

 

YOUR FREE LIST OF UPCOMING OPEN HOUSES IN FLAGSTAFF


Here is the link, check it out, no registration required  http://ow.ly/wtGf50ufwjB

 

YOU MIGHT BE INTERESTED IN...

Download our Mobile App!

Download our 5-star rated iOS/Android App. Full MLS Data updated every 15 minutes unlike most other apps you find in the store. Click Here to download.

Millions Mapped
Nov. 6, 2019

Kelly Broaddus Brings Home 'Top 500' National Honor

by Joselyn Uy

Phoenix, Arizona November 5, 2019

Broker Agent Advisor 2018 Excellence Award

Broker/Agent™ Advisor Honors Kelly Broaddus Achievement

 

Now in its 25th year, Broker★Agent Advisor celebrates the success and accomplishment of the industry’s finest real estate professionals through it’s ‘Certificate of Excellence’ Program.

 

Through proprietary criteria, formulas, and other valuable considerations, Kelly Broaddus of Flagstaff, AZ has been distinguished by Broker★Agent Advisor as one of the best in real estate based on achievement, potential, leadership, ethics, community value, experience, capability, and trust.

 

Having previously earned our Seven Star Certificate of Excellence, Kelly has more recently been identified as one of the Top 500 award holders in this category at Broker★Agent Advisor.

 

"With a national audience of 250,000, and over 8,000 award registrants, the top 500 designation is significant and one of our highest honors. Kelly exemplifies the type of professional we designed this award for.

 

A true credit to their company eXp Realty, profession, and community both inside and outside of their real estate practice; one with whom the honor is truly ours in being able to share this award.” says Chad Golladay, Executive Publisher of Broker★Agent Advisor

There is no cost or fee required for this award, and all applicant’s credentials are verified, which makes this honor one of the most genuine in the industry towards identifying those truly worthy of special recognition and distinction.

 

Kelly Broaddus can be found in Broker/Agent™ Advisor's national online directory of award recipients here: http://brokeragentadvisor.com/brag-directory

 

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More About Broker/Agent™ Advisor

Established in 1996 Broker/Agent™ is a real estate trade publication that provides information, tools, and resources to assist the modern real estate professional in achieving greater success through their real practice. Discover more about their award program here...  http://brokeragentadvisor.com/brag

 

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About Kelly Broaddus

Kelly Broaddus, an associate broker, leads the Kelly Broaddus Real Estate Advisors Team with eXp Realty. It is a top-producing real estate team based in Flagstaff, AZ offering real estate solutions to home buyers and sellers in Flagstaff, Sedona, Cornville, Williams, and nearby areas. 

 

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About eXp Realty

eXp Realty, LLC, the largest residential real estate brokerage by geography in North America, is an agent-designed and agent-owned company. As the leading, national, cloud-based real estate brokerage, eXp Realty provides 24/7 access to collaborative tools, training, and socialization for real estate brokers and agents through its virtual campus environment. It is one of the fastest-growing real estate brokerage firms in North America with more than 8,000 agents in 47 U.S. states, the District of Columbia and the provinces of Alberta and Ontario, Canada. As a publicly-traded company, eXp World Holdings, Inc. uniquely offers real estate professionals within its ranks opportunities to earn company stock for production and contributions to overall company growth.

For more information, please visit sevenfigureagentaskmehow.com

 

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Nov. 5, 2019

0 Nf-9410r, Munds Park, AZ 86017

Kelly Broaddus  |  eXp Realty  |  888.446.5602  | Contact Kelly

4535 FS 9410 Rd. (75 acres MOL), Munds Park, AZ 86017

75 Beautiful Acres between Munds Park & Mormon Lake is now Available! Great Business Opportunity!

Nestled south of Flagstaff between Munds Park and Mormon Lake, 75 beautiful acres with Ponderosa Pines and lush meadows in Antelope Park is now available! Full 4g cell service and a stock pond on the property. The land has been used as a venue (PLAYA PONDEROSA) for private parties/weddings to 1,200 person festivals. There is a portable bathroom building with a flushing toilet, shower, propane heater and instant hot water heater, electrical with lights, water pump, garden hose, and RV cleanout. A large section of the forest is strung with lamps.  Power comes from a small generator. There are two 40' shipping containers on the property, a 2,500-gallon water tank and one(1) unassembled 4,200 sqft greenhouse. Forest has been professionally thinned and maintained on the 75 acres. Great view of the San Francisco mountains with old-growth pines around the property. Wonderful area for ATV's with miles of trails and popular hunting spots. 30 minutes back to the main road off Lake Mary Rd or the same to Mormon lake lodge.

With easy building sites under the pines, this property is perfect for a private family estate or a

Great business opportunity for

a campsite (can fit over 200 campers with vehicles)

hunting areas

agricultural use.

Private Horse Farm or Horse Riding School

Assisted living residence

Bed and breakfast

Art gallery

Resort

Lodge

Hotel

Health and Beauty Spa

Weight Loss Camp or Fitness Ranch

Meditation Center or Corporate Retreat

Any other use you might require… 

 

Additional items that may be included in the sale:

  • Water trailer with 2” gas pump and 1000 gal tank
  • 2018 Pioneer 322 5th wheel RV with solar

The property has hosted Pitch A Tent and June Jam Festival. This listing is one of the largest available parcels for sale in Northern Arizona.

See all lots/land for sale in Munds Park/Pinewood

Location

DIRECTION: From Flagstaff SE on Lake Mary Road to Crimson right south to 132 for approx 9 miles to right on 133 for less than a mile left on 9410R to NW corner of the property at the gate. Call 888.446.5602 for directions

Dining Nearby

Pinewood Restaurant is located in a small mountain community and is a great place to eat.  The menu is a typical good old home-style country cooking. Looking for a mouthwatering hand-sliced Texas brisket? Whether you are staying in Munds or just driving thru don't miss this place, Agee's Barbecue Market.

 

Attractions & Recreation

  • Stoneman Lake - one of the few natural lakes in Arizona, the sometimes dry lake is surrounded by pine trees, beautiful meadows, and a small camping area. Perfect nearby getaway.
  • American Offroad Adventures - offer UTV rentals, gear rentals for outdoor activities
  • The surrounding area of Antelope Park is undergoing a 2-year restoration project to repair roads and continue thinning in the area.

Schools

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

  • Lura Kinsey Elementary School PK-5
  • Mount Elden Middle School 6-8
  • Flagstaff High School 9-12

 

Munds Park/Pinewood Neighborhood Information 

Munds Park/Pinewood is just over 20 minutes' drive, south of Flagstaff on I-17.  This community surrounds a semi-private golf course, Pinewood golf course. Many residents are summer-only retirees so expect a quieter winter season.

Looking for a beautiful build site in Northern Arizona? Schedule your appointment to view this acreage between Munds Park and Mormon Lake today! Contact Kelly Broaddus at kelly.broaddus@exprealty.com or call 888-4465602 to see other properties for sale in Munds Park.

Search for Land/Lot For Sale in Northern Arizona

Munds Park, AZ Land/Lot for Sale (10 Acres+)

Flagstaff, AZ Lot/Land for Sale (10 Acres+)

Parks, AZ Lot/Land for Sale (10 Acres+)

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Williams, AZ Lot/Land for Sale (10 Acres+)

 

Oct. 31, 2019

11 Cypress Pl, Sedona, AZ 86351

updated 11/18/2019

Kelly Broaddus  |  eXp Realty  |  888.446.5602  | Contact Kelly

 

11 Cypress Pl, Sedona, AZ 86351

Charming Sedona Home, Short Term Rentals Allowed

Priced to Sell!

3 Beds | 2.5 Baths | $399,850 | 1,665 SqFt

What an opportunity! Surrounded by red rocks, this comfortable Southwest style 3 bedroom home in Pinon Woods is ready for you to customize it as your own. Priced to sell, sitting on a quiet street in the Big Park area of Sedona. Close to all that Sedona has to offer. Call for your appointment today!!

Photos and more information here: northernarizonafinehomes.com/property/521661/

 

LOCATION

11 Cypress Place

Car-Dependent

Explore Big Park Sedona

Travel south on Highway 179 from Sedona, turn east on Bell Rock Blvd, south on Cochise, east on Apache, follow around to turn east on Pinon Woods Dr, turn north on Ponderosa Rd and then left on Cypress Place. The home is on left.

Amusement & Recreation 

  • Red Rock State Park - 286-acre nature preserve and an environmental education center with stunning scenery. Home of some of the most photographed natural formations, like Cathedral Rock and Bell Rock.
  • Bell Rock Pathway - A popular trail and one of the easiest of all the walk-ways and hikes in the Sedona area. Bell Rock is an impressive formation that is shaped like a bell. It is lovely and well worth a photo stop, hike around the formation or climbing to the top which gives you a wonderful view of some of the surrounding beauty.
  • Courthouse Vista -  Great place for outdoor activities away from city life. Awesome views and great hiking trails.

Dining Nearby

Nearby restaurants include Corner Table Restaurant and Bar, this is one of the best restaurants in the Sedona/Oak Creek Village area. They serve vegetarian-friendly, gluten-free options. If you're looking for an authentic Italian cuisine drop by at Pago's Pizzeria and Italian Cuisine. Another quick stop is at Cucina Rustica.

Nearby Schools

Pinon Woods Neighborhood Information 

Pinon Woods Subdivision in the Big Park area is a community of nice homes that allow Short Term Rentals. Close to shopping, dining, hiking, and all the amenities Sedona has to offer.

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

Search for Homes in Sedona, Arizona

 Sedona Homes for Sale Under $250,000

Sedona Homes for Sale $250,000 - $350,000

Sedona Homes for Sale $350,000 - $400,000

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Sedona Homes for Sale $450,000 - $500,000

Sedona AZ Homes for Sale $500,000 & Above

Oct. 27, 2019

Flagstaff AZ Real Estate Market Update- September 2019

Flagstaff AZ Real Estate Market Data Provided by The Kelly Broaddus Real Estate Advisors Team / by Joselyn Uy

 

Sept 2019 Market_Stat_Flagstaff_RealEstate

 

Flagstaff Real Estate Market Finish Strong in September

The leaves may be falling, but home sales rose in September. The latest Northern Arizona MLS data shows that the peak selling season ended with a bang. Here's a quick update on the Flagstaff housing market. 

FLAGSTAFF HOME SALES

The US Existing home sales fell by 2.2% in September 2019 while the Flagstaff real estate market remained very strong. September housing sales in the greater Flagstaff region jumped 35% compared to the same month a year ago. There were 135 single-family houses sold in September, a new record high. Low mortgage rates are helped a lot to push sales numbers to new heights. 

FLAGSTAFF MEDIAN HOME PRICE

Flagstaff September housing prices rose 12% with the median sale price coming in at $425K which represents a new high for the month. Prices for the 3rd ¼ and for the first 9 months also hit new highs. Here’s the breakdown.

fLAGSTAFF SINGLE FAM HOME SALES

DOWNLOAD THE FULL MARKET REPORT HERE

 

September 2019 Flagstaff Market Watch Summary

2019 Flagstaff Real Estate Market Watch Total Home Sales -    135 homes (SF),  35% vs September 2018. 

Median Home Price -  $425,000 (SF),   12% vs September 2018

Mortgage rates  - The average U.S. rate for a 30-year fixed mortgage was 3.61% in September after declining for 10 consecutive months, according to Freddie Mac. It was the lowest monthly average since April 2016 when it was the same. 

Longest days on market (SF):  1055 Days That's almost 3 years on the market! This listing is a Pine Canyon contemporary custom home under construction situated along the 18th fairway tee box with both golf course and filtered mountain views.

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 has to be off the MLS for at least 90 days for the CDOM to restart, even if it is listed by a different agent. We report the average days on 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 SEPTEMBER 2019

  • $2,500,000  - Forest Highlands luxury home, the "COMPS ONLY" remarks on the MLS show that this million-dollar mansion was sold off-market. This is the second most expensive home sold in 2019, next to 2558 La Serena in Pine Canyon.
  • $551,172  -  Last month's priciest townhome is another 3 bedroom townhome with luxury finishes in the Switzer Mesa/Ridge area boasting an oversized kitchen and 2 decks off the back
  • $400,000 -  3 bedroom move-in ready fully upgraded Aspen Shadows Penthouse suite in Flagstaff Ranch  with Peak and golf course views

The most AFFORDABLE  Flagstaff Homes Sold in SEPTEMBER 2019

  • $205,000 - "Tiny house on a hill", this one-bedroom in Kachina Village, a south rural area of Flagstaff  is the most affordable single-family Flagstaff home that sold in September
  • 175,000 - A 3 bedroom townhouse with 2 assigned parking spaces in Swiss Manor
  • 142,900 -  Timberline Place one bedroom upstairs unit with views close NAU, shopping, hiking, and minutes from downtown. 

Flagstaff Home Buyer Advice 

With increased sales, there are fewer homes on the market, and they’re selling at a higher price. Fall is a great time to buy and sell as people are motivated to make a move before the holidays, and mortgage rates are still in your favor. 

Buying a Home Can Be Scary Until You Know the Facts

If you’re looking to buy a home, now is a great time to lock in a low mortgage rate. It will shrink your monthly payment and could save you a bundle over the long term. Or if you plan to stay in your current home for a while, consider whether it makes sense to refinance your mortgage at today’s lower rates.

Move-up buyers, if you’re ready to trade in your starter home for something more luxurious, you may get the best of both sectors. We’re still witnessing a strong demand for entry-level homes, giving sellers the upper hand.

Luxury buyers, buyers of high-end homes are finding a greater selection (and more negotiating power) than they’ve had in years.

[Here's what you need to know about the mortgage process.]

As of October 26th, INVENTORY fell below 3 months for homes priced under $500,000. We saw an increase in buyer demand due to lower mortgage rates, but the supply available for purchase isn’t keeping up. If inventory grows, we might see lower prices.

Check out the latest list of Flagstaff homes for sale under $300K. There are 110+ houses available in the $300K to $400,000 range and 50+ houses available to purchase in the $400K to $450K range. If you’re buying at the lower price range, having fewer homes on the market could present a few challenges. Don’t worry! I can help you come up with a strategy to find your next home. Let's talk about your situation in person! Call Kelly at 888.446.5602

 

Flagstaff Home Seller Advice 

If you’re considering selling your home to move up, now is a great time to get a positive return on your investment in a market with low supply and high demand. Eager buyers are searching for their dream homes, so setting the right price for your house is one of the most important things you can do.

According to CoreLogic’s latest Home Price Index, home values have risen at over 6% a year over the past two years, but have started to slow to 3.6% over the last 12 months. By this time next year, CoreLogic predicts home values will be 5.4% higher.

With prices slowing from their previous pace, homeowners must realize that pricing their homes a little over market value to leave room for negotiation will actually dramatically decrease the number of buyers who will see their listing.

Is Your House “Priced to Sell Immediately”?

Impact of price on visibilityInstead of the seller trying to ‘win’ the negotiation with one buyer, they should price their house so the demand for the home is maximized. By doing so, the seller will not be negotiating with a buyer over the price, but will instead have multiple buyers competing with each other over the house.

The secret is making sure your house is Priced To Sell Immediately (PTSI). That way, your home will be seen by the most potential buyers. It will sell at a great price before more competition comes to the market.

GET IN TOUCH

If you’re thinking about selling now, let’s get started. From hiring the right real estate agent to handing over the keys, here is your step by step guide to the home selling process. Let’s get together to determine the specific options available for you and your family. Contact 928.606.6749 or email kelly.broaddus@exprealty.com if you are looking for a Northern Arizona realtor to help you buy/sell your Flagstaff/Sedona real estate and the surrounding areas. 

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.

 

 

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Oct. 25, 2019

Best Flagstaff Open Houses This Saturday, October 26, 2019

by Merry Pedroso

Flagstaff Open House Oct 26 2019

 

If you’re on the hunt for your dream home, stop by and say "Hello" at our beautiful open house listings this weekend. Come join us for our open houses this Saturday, October 26th. 

These houses are top-notch so come and visit! Please click on the picture or address to get more information. See the list below. Got questions about the house or the neighborhood? Would you like to schedule a private showing? Call Kelly at 888-446-5602.

Kelly Broaddus will be holding an Open House in Continental Country Club

Where: 5220 E Mockingbird Drive Flagstaff, AZ 86004

When: 12:00 to 2:00 p.m. Saturday, October 26

4 Beds | 2.5 Baths | 2,340 SqFt

Photos and more information here: 

https://www.northernarizonafinehomes.com/property/178982/

 

Stephen Broaddus will be holding an Open House in Ponderosa Trails

Where: 811 W Lone Star Trail, Flagstaff, AZ 86001

When: 12:00 to 3:00 p.m. Saturday, October 26

4 Beds | 2.5 Baths | 2,481 SqFt

Photos and more information here: 

https://www.northernarizonafinehomes.com/property/178744/

YOUR FREE LIST OF UPCOMING OPEN HOUSES IN FLAGSTAFF


Here is the link, check it out, no registration required  http://ow.ly/wtGf50ufwjB

 

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