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. 

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  • This month’s report displays the market statistics for North America AND Flagstaff month over month as well as the 13-month trend.
  • We review the status of September’s market as this month is usually a good barometer of the direction of the market for the next few months.
  • Initial review shows a slower market, but while the key indicators would suggest we are moving towards a buyer’s market, the statistical data still holds that we are in a seller’s market.
  • So, why does the current market not feel favorable to either buyers or sellers, in reality?
  • We investigate why this market is acting differently from traditional norms, what are the influences both within the market and from outside forces.
  • We review which properties are thought to be better investment returns or in greater demand by affluent purchasers.
  • And why, over the long term, real estate offers one of the most consistent ways to see a good return. 

 

It is important to understand that the art of selling and buying should always include an analytical approach to truly appreciate the realities, rather than just listening to the market rhetoric.

 

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?

 

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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.

 

Look at our latest local City Report:

 

 

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