Kelly Broaddus  |  eXp Realty  |  888.446.5602  | Contact Kelly

Sellers need to make sure they disclose every last little thing.

Today I’ll talk about the seller’s property disclosure statement (SPDS). Sellers sometimes forget about a little crack on the ceiling that they repaired years ago or similar small things. They sometimes think that those small things don’t make a difference. However, it's very important that you rack your brain and put everything you can on the SPDS.

When a buyer purchases your house, if you didn't disclose everything about the history of your house from the time you purchased, there is the potential for a non-disclosure lawsuit that the buyer will win. The SPDS protects you, and you often don't have to fix the things you disclose. You want your Realtor to look over the SPDS once you've filled it out and let you know if they think there's anything you need to add. You also want to have the buyer’s Realtor look at the SPDS to make sure they don’t think anything is missing.

If you have any questions, visit NorthernArizonaFineHomes.com or reach out to me at (928) 606-6749. I look forward to hearing from you.

Kelly Broaddus  |  eXp Realty  |  888.446.5602  | Contact Kelly

Sold! Condo in University Heights, Close to Downtown Flagstaff  & NAU!

  2 Beds | 2 Baths | $299,980

Condo on west side, located at the rear of the development away from traffic noise! Within VERY easy (just minutes) biking/walking distance to NAU and Wal-Mart, both interstates; short drive to CCC. PERFECT for young professionals, professors, or weekend retreaters. 2 Bedrooms, 2 full Baths (tub and shower in each). There is ample parking with one assigned covered space.  Enjoy a relaxing cup of coffee while watching the view from your balcony. Hike and bike in nearby urban trails and forest. Don't miss out schedule a showing today! 

More pictures and information here: 

https://www.northernarizonafinehomes.com/property/188264/

If you are looking for an investment property near NAU, this is it! Perfect for students and young professionals. Call Kelly at 888.446.5602 or email kelly@exprealty.com now for more information about this condo at The Village in University Heights Flagstaff, AZ.

University Heights Neighborhood

The Village is an apartment complex with 207 units located in the University Heights neighborhood. Monthly HOA costs usually cover – landscaping, regular maintenance, management fees, any clubhouse amenities such as: pool, spa, workout room/gym, security and/or common area electricity, free internet, water, sewer, trash, one designated parking space, and ample additional parking. On-site coin-operated laundry facility. No gas bill: heater

Check out our University Heights Neighborhood Guide for more information. 

Related links:

How Much is My University Heights Home Worth

Search Homes for Sale in University Heights Flagstaff, AZ

Search for Flagstaff Homes by Price

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

  "Slow Season" Sees Median Price Up in Flagstaff

The holidays are here! Now that the year is almost over, the market has slowed some. Homebuyers may find more housing options and less competition in coming months as more homeowners are gearing up to sell. Here's the latest update on the Flagstaff housing market.

FLAGSTAFF HOME SALES

The US Existing-Home Sales Continue Upward, Increasing 1.9% in November while Greater Flagstaff's housing sales declined by 17.9% from October according to data provided by the Northern Arizona MLS.  This November saw the second-highest Flagstaff home sales activity in more than a decade. The highest on record was last year with 167 units sold. Flagstaff home sales took a tumble due to low inventory numbers, real estate seasonal variation and cold weather conditions. 

In the month of November, the Kelly Broaddus Group Brokered by eXp Reaty sold eight Northern Arizona properties valued at over $5.9M. This is our second best November home sales on record. Big thanks to our Flagstaff, Sedona and Mormon Lake clients.

FLAGSTAFF MEDIAN HOME PRICE

"The median list-to-sales ratio for this area is 102.7%." List to Sales Ratio is the percentage of the list price that the buyer ultimately paid for the property.

“Supply-chain disruptions for building new homes and labor shortages have hindered bringing more inventory to the market,” said Lawrence Yun, NAR’s chief economist. “Therefore, housing prices continue to march higher due to the near record-low supply levels.”

The median sold price in November is up 18.4% year over year to $610,000, a new monthly high. Homes remained on the market for an average of 58 days. This is down from the all-time low of 43 days we saw in March, and slower than the 55 days we saw a year prior. A lot of this change is seasonal, and some of it is buyer fatigue, but demand overall remains historically high.

DOWNLOAD THE FULL FLAGSTAFF MARKET REPORT HERE

November 2021 Flagstaff Market Watch Summary

Total Home Sales -   151 homes, down 9.6% vs Nov 2020. 

Median Sale Price -  $610,000 up 18.4% vs Nov 2020, highest in more than a decade

Mortgage rates  - Average 30-year fixed-rate mortgage rate ended 11/22 at the highest levels in 2 months at 3.2%. Mortgage rates remain low and just above the all-time lows seen at the outset of the year.

Longest days on market (SF): 496 days This is a luxury condo under construction in Pine Canyon with two separate bedroom suites and a separate guest casita.

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 NOVEMBER 2021

Photo courtesy of The Agency RE LLC

• The highest-priced single-family Flagstaff home that sold in November was a $2,500,000 five-bedroom, 4.5 bathroom luxury home in Lakeside Acres that is a beautiful mix of English opulence with mountain luxury.
• The highest-priced Flagstaff townhome sale was a $850,000  three bedroom former model home in Switzer Mesa, a newer townhome community in Flagstaff
• The highest-priced Flagstaff condo sale last month was an $951,521 luxury Mountain Vista condo under construction with 3 bed 3.5 baths. The new owner has access to all of Pine Canyon’s amenities, but without the burden of maintenance that can come with a single-family home.  

THE MOST AFFORDABLE  FLAGSTAFF HOMES SOLD in NOVEMBER 2021

Photo courtesy of Gentry Real Estate

• The lowest-priced single-family Flagstaff home that sold in November was a $120,000 two-bedroom home in Mountainaire. It is a successful long-term rental property.
• The lowest-priced Flagstaff townhome that sold last month was a $382,000 three  bedroom townhouse  with a beautiful, private back yard surrounded by trees & a rare, double sized front yard.This townhouse is located in Lower Greenlaw.
• The lowest-priced Flagstaff condo that sold was a $165,000 one bedroom Timberline Place (Arbors) lower unit near NAU and downtown Flagstaff. Perfect for investors or as a starter/vacation home.

Flagstaff Home Buyer Advice 

Home prices are on the rise—not quite at the rapid pace we’ve seen over the last year, but they’re expected to increase nonetheless. Mortgage interest rates are increasing. Back in 2020, many buyers rushed to the market to buy homes or refinance, taking advantage of the record-low rates at or under 3%. But does that mean you shouldn’t buy a home in today’s market?

Ultimately, the decision to buy a home should be based on your needs, not market trends, so don’t let rising rates govern your choices. In the grand scheme of things, interest rates are still historically low. Granted, homes aren’t as affordable as they once were due to inventory shortages and increased competition among buyers.

So what does this mean for you?

If you’re in the market to buy a home, now is a great time to act. There are usually fewer buyers active in the winter months, and the sellers who keep their homes on the market are typically very motivated to sell. By making a move now, you can still lock in a great rate and get ahead of our ever-growing home prices.

We suggest you get started by taking a look at the homes that are available right now:

Click here to see all Flagstaff homes for sale

Search Northern Arizona Homes For Sale

Need to sell before you buy or buy before you sell? Experts expect high home price appreciation for next year, you may be able to recoup costs of your new home purchase and the costs of selling your existing home quickly. Even without that, home prices tend to appreciate every year. This means that if you plan to stay in the new home for a while, the benefits may outweigh the costs.

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 

"Of all the shortages afflicting the US economy, the housing shortage might last the longest. It (housing supply) remains well below pre-pandemic levels and the outlook offers no quick fixes for the shortage, " Jan Hatzius, Goldman Sach's economist.

High buyer demand and very low available supply suggests that home prices may well surge throughout the 2020s. And even though builders are still constructing new inventory, they’re limited by worker shortages and cost increases. To close the demand vs supply gap, builders would need to double their output for the next five or six years, according to economists at Realtor.com.

So what does this mean for you? 

If you’re a seller, now is an excellent time to list. The winter months typically mean reduced competition from other buyers, and the buyers that are out looking for homes in the market are highly motivated. Because both home prices and mortgage interest rates are on the rise, you’re sure to fetch a great price for your property from buyers who are feeling the pressure, assuming your home is in good condition and priced correctly for the market.

Do you know what your home is worth? 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

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:

Kelly Broaddus  |  eXp Realty  |  888.446.5602  | Contact Kelly

Here’s what to do if you’re in a pickle about hiring a new agent.

Are you in the market to hire an agent, but you’re conflicted about hiring a friend/family member who’s brand new to the business? You want to give them a chance, but you also want to protect your investment. It’s a tough situation to be in, so I wanted to share my thoughts on the subject to give you some perspective on the dilemma.

I had someone call me recently who was in this exact predicament. Their friend was a new agent, had come out to look at their home, and the homeowner asked me for advice on how to handle the situation. I told her what I would also say to you: You work your whole life to own a home, and it’s probably the biggest asset you have. Would you entrust your biggest asset to somebody who could lose tens of thousands of dollars on it? Is it worth giving your livelihood? 

If they’re really a good friend or a family member, they should understand that you want to be a good steward for your investment by hiring someone with a proven track record of success. 

"Is it worth trusting your largest asset to a novice?"

That’s just my two cents for those of you in a situation like this. I would encourage you to reach out to talk more about the strategies that we can use to get you top dollar for your home using our 23+ years of experience in the business.

If you have any questions at all, don’t hesitate to reach out via phone or email. We look forward to hearing from you soon.

Kelly Broaddus  |  eXp Realty  |  888.446.5602  | Contact Kelly

Every year, it seems the holidays sneak up on us—and every year, that brings with it the dreaded last-minute gift panic. Finding a present that hits all the right notes can be surprisingly stressful, even when it comes to people you’ve known for years.

But have no fear! We’ve lined up a list of unique gifts for every “type” on your list. And since we work in real estate, they’re all centered around home life. From the coffee snob to the sports enthusiast, these presents are the perfect way to bring beauty, function or a touch of whimsy to your loved one’s home this holiday season.

FOR THOSE WHO ARE ALWAYS IN THE KITCHEN

We all know someone whose kitchen is their happy place—but once all the basics are covered, it can be hard to find the perfect present. These gifts will be a treat for the chef, baker, or food lover on your list, no matter how well equipped they are.

1. The Coffee Snob

Glass Pour-Over Coffeemaker - $36

Have a java lover on your list who just can’t get their brew right at home? This high-end pour-over system makes a smooth brew that can even be refrigerated and reheated so your recipient can enjoy a perfect cup at any time.

2. The Foodie

Shiitake Mushroom Log Kit - $30

Help your favorite gourmand create restaurant-quality meals with this kit that allows them to grow delicious mushrooms right in their cupboard. All they’ll need to do is soak the wood and put it in a cool place, then wait a few weeks, and voila—mushrooms! Best of all, they can keep growing mushrooms on the same log for years.

3. The Baker

Vintage Etched Cake Stand - $60

If you’re lucky enough to have a fabulous home baker on your list, give a gift that reflects the joy their treats bring to others. This lovely glass cake stand is the platform that a beautifully decorated dessert deserves.

4. The Tea Aficionado

Flowering Tea Set - $25

Your favorite tea lover may have tried all of the herbal blends out there, but we bet they haven’t seen tea like this. This set contains two “blossoms” of tea leaves hand-sewn around flowers that bloom when you place them in the included glass teapot and add hot water.

FOR THOSE WHO WOULD RATHER BE IN THE BACKYARD

For many of us, time outdoors is the ultimate source of rejuvenation. The nature-lover on your list is sure to appreciate these presents that help them maximize that joy in their daily lives.

5. The Gardener

Striped Garden Tote Bag - $37

Dedicated gardeners all need a great bag to carry their gear. This tote is attractive and sturdy and will help them keep their home’s exterior beautiful and welcoming.

6. The Flower Lover

Monthly Flower Subscription - starting at $40/month

If your loved one prefers to enjoy their flora without all the work, a delivery of farm-fresh flowers is sure to surprise and delight. And you can keep the joy blossoming year-round with a monthly or bi-monthly subscription.

7. The Environmentalist

Collapsible Metal Straw - $20

Know someone who is trying to bring less plastic into their home? This reusable metal straw means they’ll never have to buy a box of plastic straws again. And since it collapses into a tiny carrying case, they can use it at home or on the go.

8. The Outdoor Adventurer

Solar Phone Charger - $29

Have a camper or adventurer on your list? This solar-powered phone charger, which comes with a built-in flashlight and compass, is a must-have. It will also make a great addition to their home emergency kit.

FOR THOSE WITH THEIR NOSE TO GRINDSTONE

Like it or not, most of us spend a good chunk of our lives working—whether at a job or on projects and chores around the house. These gifts are designed to make that work a bit easier and more enjoyable.

9. The Remote Worker

Home Office Lap Desk - $35

Working at home can be great—in part because you can work from anywhere in the house. The remote worker on your list will appreciate this lap desk with a built-in mouse pad and phone slot, which will allow them to work comfortably from the couch or the bed without overheating their computer.

10. The Back-to-The-Office Worker

Bento Lunch Box - $27

If your loved one is heading back to the office, it doesn’t mean they have to give up the healthy habit of a home-cooked meal. Send them to work with this stylish lunch box packed full of nutritious food.

11. The Do-It-Yourselfer

65ft Laser Distance Measure - $50

The handy person on your list can say goodbye to unwieldy tape measures with this nifty device. It’s perfect for DIY projects up to 65 feet.

12. The Clean Freak

Portable Sanitizing Travel Wand - $60

In the COVID-19 era, we’ve all become a little germaphobic. This UV wand kills viruses and bacteria in seconds without any wiping or washing required. It’s perfect for disinfecting shoes, computer keyboards, and more!

FOR THOSE MOST PASSIONATE ABOUT THEIR HOBBIES

Of course, there’s a lot more to life than work. If you’re gifting a friend or family member who really lights up when they talk about their hobbies, we’ve got you covered.

13. The Sports Enthusiast

Hockey Stick BBQ Set - $45

Looking for a gift for the sports enthusiast in your life that isn’t another jersey? These BBQ tools made from repurposed hockey sticks are a great pick. Perfect for cooking up food to watch with the game!

14. The Bookworm

The Book Lover’s Journal - $13

Know someone who loves to curl up on the couch with a good book? This journal will help the book-lover on your list keep track of what they’ve read, as well as their ever-growing “to-read” list.

15. The Runner

Marathon Map Hydration Bottles - $36

Help the runner you love to stay hydrated (and motivated) with a water bottle inscribed with their favorite race route. It’s perfect for runs around the neighborhood or just toting around the house.

16. The Tourist

Travel Backpack - $100

Make it easy for the travel lover on your list to bring back souvenirs. This lightweight backpack folds flat so it’s easy to pack but sturdy enough to carry their new treasures all the way home.

FOR THOSE WHO PUT FAMILY FIRST

For many of us, the greatest joy in life comes from our relationship with our family. Help your recipient strengthen and celebrate those all-important connections with these thoughtful gifts.

17. The New Parent

4-in-1 Baby Food Maker - $155

It’s hard to know what to buy for new parents once their registry is cleared out, but if they’re interested in making baby food at home, this tool is a must-have. It makes the process, from steaming to mixing, fast and easy.

18. The Genealogy Fan

DNA Kit - $99

Know someone interested in reconnecting with their ancestral home? This DNA kit can help them trace their geographical heritage and uncover their family history.

19. The Pet Person

Custom Printed Socks - $25

Is your friend’s pet their favorite family member? These adorable socks are sure to put a smile on their face as they cozy up on the couch with their fur baby. And since you can feature up to four pets on each pair of socks, no one needs to feel left out.

20. The Documentarian

Mini Link Printer - $100

We all have that relative who snaps a million photos at every family event. Help them capture each precious moment with this unique gadget that essentially transforms a smartphone into a Polaroid camera. It makes it easy to customize and print out snapshots to display around the house or insert into a scrapbook for posterity.

READY TO GIVE YOURSELF THE ULTIMATE GIFT?

We want to be your Northern Arizona real estate consultants through every season of life. So please don’t hesitate to reach out with questions or to ask for recommendations or referrals any time of year. And when you’re ready to give yourself the gift of a new Flagstaff/Sedona/Williams home, contact us at 888.446.5602 or email kelly.broaddus@exprealty.com to talk about your options. From finding the right Flagstaff neighborhood to identifying the amenities that will make the biggest difference to your quality of life, we’re always eager to help.

YOU MIGHT BE INTERESTED IN

Kelly Broaddus  |  eXp Realty  |  888.446.5602  | Contact Kelly

Here’s what you need to know about adjustable-rate mortgages.

Today I want to talk to you about adjustable-rate mortgages, also known as ARMs. Some of you may know this already, but before 2008, I was a loan officer, so I have plenty of experience with ARMs. 

Typically, ARMs are popular when interest rates are higher. Since our current interest rates are so low, we don’t currently see them as much as we used to. The basics of how they work are that you start your mortgage out with a lower rate, then it “adjusts” after an agreed-upon time. You may hear ARMs referred to as “seven-ones” or “five-ones," and these names are just a way to say what the lower interest rate is and how long it will last. For example, a “seven-one” will have a low rate fixed for seven years.

"Usually, people get an ARM if they are only going to stay in a house for five years or so."

Talk to your lender and find out if an ARM is right for you. Usually, people get an ARM if they are only going to stay in a house for five years or so. This way, they can move before the higher rate kicks in. These loans sometimes come with prepayment penalties, so make sure you know what you’re getting into before you sign. You’ll also want to ask about which financial index your ARM is tied to since some are more punishing than others. 

That’s a quick snapshot of ARMs, but if you have any further questions, don’t hesitate to call or email me. I am always happy to help!

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

 October Sees High Sales Prices and Low Inventory in Flagstaff

The holidays are here! Have you started shopping? Those looking for a new home have checked off their lists as the housing market continues to boom. Homebuyers may find more housing options and less competition in coming months as more homeowners are gearing up to sell. Here's the latest update on the Flagstaff housing market.

FLAGSTAFF HOME SALES

The US Existing-Home Sales rose 0.8% in October while Greater Flagstaff's housing sales declined by 4.2% from September according to data provided by the Northern Arizona MLS.  This October saw the second-highest Flagstaff home sales activity in more than a decade. The highest on record was last year with 223 units sold. Flagstaff home sales took a tumble due to low inventory numbers. 

NAR chief economist Lawrence Yun said, “Home sales remain resilient, despite low inventory and increasing affordability challenges. Inflationary pressures, such as fast-rising rents and increasing consumer prices, may have some prospective buyers seeking the protection of a fixed, consistent mortgage payment.”

In the month of October, the Kelly Broaddus Group Brokered by eXp Reaty sold 11 Northern Arizona properties valued at over $5.6M. This is our highest October home sales on record. Big thanks to our Flagstaff, Munds Park and Camp Verde clients.

FLAGSTAFF MEDIAN HOME PRICE

"The median list-to-sales ratio for this area is 103.4%." List to Sales Ratio is the percentage of the list price that the buyer ultimately paid for the property.

The median sold price in October is up 21% year over year to $640,104, a new monthly high. Homes remained on the market for an average of 53 days. This is down from the all-time low of 43 days we saw in March, and slower than the 51 days we saw a year prior. A lot of this change is seasonal, and some of it is buyer fatigue, but demand overall remains historically high.

DOWNLOAD THE FULL FLAGSTAFF MARKET REPORT HERE

October 2021 Flagstaff Market Watch Summary

Total Home Sales -   183 homes, down 17.5% vs Oct 2020. 

Median Sale Price -  $640,104 down 20.8% vs Oct 2020, highest in more than a decade

Mortgage rates  - Average 30-year fixed-rate mortgage rate ended 11/22 at the highest levels in 2 months at 3.2%. Mortgage rates remain low and just above the all-time lows seen at the outset of the year.

Longest days on market (SF): 444 days This is the highest priced Flagstaff condo that sold last month, a luxury Mountain Vista home in Pine Canyon with 1,989 square feet of open living space

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 OCTOBER 2021

Photo courtesy of Symmetry Realty Brokerage

• The highest-priced single-family Flagstaff home that sold in October was a $5,700,000 five-bedroom, 4.5 bathroom luxury mountain home in Pine Canyon.
• The highest-priced Flagstaff townhome sale was a $655,035 three bedroom luxury new build townhome  in Flagstaff Ranch, one of Flagstaff's premier golf community.
• The highest-priced Flagstaff condo sale last month was an $898,564  luxury under Construction 3 bed 3.5 bath Mountain Vista condo with access to all of Pine Canyon’s amenities, but without the burden of maintenance that can come with a single-family home.  

THE MOST AFFORDABLE  FLAGSTAFF HOMES SOLD in OCTOBER 2021

Photo courtesy of Gentry Real Estate

• The lowest-priced single-family Flagstaff home that sold in October was a $330,000 three-bedroom home in Southside/Brannen just across the street from the Arizona Trail system
• The lowest-priced Flagstaff townhome that sold last month was a $324,900 three  bedroom townhouse close to NAU, less than 3 blocks to the forest service trail access, shopping, restaurants and local bus stop. This townhouse is located in Christmas Tree Estates.
• The lowest-priced Flagstaff condo that sold was a $188,000 one bedroom Timberline Place (Arbors) lower end unit with no neighbor's above, near NAU and downtown Flagstaff.

Flagstaff Home Buyer Advice 

Home buyers may see prices stabilize in the coming months, putting them in a more advantageous position than previously this year. Mortgage rates remain near record lows while inventory is expected to rise in the coming months. To top it all off, we’re moving into the fall and winter, which are usually less competitive seasons for real estate.

“Things aren’t as frenetic as earlier in the year, but this is still a very hot housing market where demand far exceeds supply in most markets,” Greg McBride, chief financial analyst at Bankrate, mentions. Buyers should still expect to see a competitive market. You may still have to deal with multiple offers and consider various concessions, but this may be the best window to buy.

While price appreciation has slowed these past few months, Jan Hatzius, a head economist at Goldman Sachs, states, “Our model now projects that home prices will grow a further 16% by the end of 2022.” Bachaud agrees, saying, “We still expect prices to grow 13.6% by next September.” This means the market for next year is likely to stay competitive. However, if you buy now, you have a chance to enjoy that same price appreciation on your new home.

This continued price appreciation is fueled by an ongoing housing shortage. While inventory has risen since the first quarter of the year, it still remains well below pre-pandemic levels. This is reducing the number of new homes that hit the market and is only made worse by the lumber shortages and supply chain disruptions.

Experts agree that this housing shortage and increased demand are why our market is so strong. There is little to no chance of a crash since the appreciation is driven by this imbalance of supply and demand. Bachaud says, “Mortgage rates have also stayed stubbornly low, making now a good time to buy and lock in a relatively low payment if a buyer finds a home that fulfills their wish list and that they can afford.” Now may be the best time to lock in low rates and still experience significant appreciation next year.

It’s no use waiting for prices to go down. Instead, you should think about buying now and locking in a great rate while the market is less competitive. We suggest you get started by taking a look at the homes that are available right now:

Click here to see all Flagstaff homes for sale

Search Northern Arizona Homes For Sale

Need to sell before you buy or buy before you sell? Experts expect high home price appreciation for next year, you may be able to recoup costs of your new home purchase and the costs of selling your existing home quickly. Even without that, home prices tend to appreciate every year. This means that if you plan to stay in the new home for a while, the benefits may outweigh the costs.

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 

Are you thinking about selling your house right now, but you’re not sure you’ll have the time to do so as the holidays draw near? If so, consider this: even as the holiday season approaches, there are plenty of buyers out there, and they really want your house. Here’s why selling this winter is a win for you.

Today’s buyers are still dealing with a limited number of homes for sale. Thanks to continued low inventory, those buyers are competing with one another for their dream home. And when that happens, if your house is one of the few on the market, it will rise to the top of the pool – and it will be worth it.

Any offer you receive will likely be from a highly motivated buyer who’s doing everything they can to beat the competition. The stakes for buyers are high. They’ve been looking for a house and they want to lock in their dream home before prices and mortgage rates rise further next year. Chances are, they’ll get creative with the terms of their offer, which could include waiving contingencies and offering over the asking price – both of which are great news for you.

If you’re thinking about selling your home, this is still a seller’s market, and you can net a great profit from your house.

If you’re interested in knowing your home’s value in the present market based on recent sales in the Northern Arizona MLS, enter your address here to find out what your home is worth right now. Click the image below then enter your address to find out what your home is currently worth.

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:

Kelly Broaddus  |  eXp Realty  |  888.446.5602  | Contact Kelly

This is the story of why I started working as a real estate agent.

Last time, I talked about the first part of my life and how I got into real estate. Today I want to finish my story.

Now that I had my niche (selling mortgages with almost no money down), I began to advertise. To my surprise, people started coming in droves! It was a pretty amazing experience since the timing was so serendipitous. These loans changed the fabric of the town; almost overnight, it became possible for people to build wealth through real estate. 

I had to get good at this process pretty fast. You’d be surprised how much pressure is on you when you have seven little children to feed. I started helping people with low money down loans in 1998, and by 2001, I was able to purchase a 300-acre ranch with a 3,000 square foot home. This may sound wild to anyone from California, but in Oklahoma, the price of land was only $500 per acre. The most important thing was that I had a great place to raise my kids while they were young. 

"Things may seem like they’re against you, but there is always a way out. "

Things continued to go pretty well until the big crash in 2008. I decided we needed to make a change, so I sold the ranch and moved everyone out here to Flagstaff in 2010. By 2012, I had my Arizona license and began working as hard as I could. By 2016, I was among the top five Realtors in Flagstaff. 

This brings us right up to the present day, so I’ll stop things there. The main thing I want you to take away is that no matter where you are, it’s always possible to succeed against the odds. Especially if you are a single mom, things can seem like they are always against you. I just want to inspire someone to grab that opportunity and turn their life around.

If you have questions about anything, please feel free to call or email me. I am always willing to talk!

Kelly Broaddus  |  eXp Realty  |  888.446.5602  | Contact Kelly

Sold! Beautiful Modern Log Cabin on 4.54 acres in Parks, AZ

3 Beds | 2 Baths | $549,850 sqft

Beautiful and Modern log cabin is nestled on 4.54 acres in away from it all. Inside you will find vaulted ceilings for a spacious open feel with breathtaking forest views. Modern Stainless appliances, and plenty of storage in the kitchen. The home also features a true master bedroom with en suite bath. Upstairs you will find a large loft and a bonus room. The property features a large heated Quonset garage with room for all your vehicles and toys as well as an additional storage unit. This gorgeous home borders National forest and has an abundance of wildlife.

TAKE A VIRTUAL TOUR

See more pictures and information here: 

.northernarizonafinehomes.com/property/187869/

Location

13416 Pioneer Path

Car-Dependent

Learn More about Parks, AZ

Exit 178 Parks, South over RR tracks, Turn right on first dirt road. Property on left at gate.

Dining Nearby

Parks In the Pines General Store Deli & Cafe & Postal Annex  is located right on the original Route 66 and offers great selection of cafe/deli food items. There are also other restaurants nearby some located in Williams, AZ.

Attractions & Recreation

• Sycamore Falls - Located at the headwaters of Sycamore Creek perfect for hiking and sightseeing

Schools

Children in this community typically go to Maine Consolidated School.

Parks Neighborhood Information 

Parks is a small mountain city serving as a gateway for the Grand Canyon National Park, the predominant industry is tourism, supported by motel and restaurant strips. 

Looking for a ranch style home in a quiet friendly community? Schedule your appointment to view this home today! Contact Kelly Broaddus at kelly.broaddus@exprealty.com or call 888-446-5602 to see other houses for sale in Parks.

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Kelly Broaddus  |  eXp Realty  |  888.446.5602  | Contact Kelly

I share the story of why I started working as a real estate agent.

Today I wanted to share a little bit of my story. I thought it might help you understand why I am so driven and why I can relate to everybody.

I was a single mom, left raising seven kids by myself with no child support. It was a desperate situation, and I was looking for a way to support myself. I was living in Southern California, but I moved to Oklahoma because it would be a lot cheaper to raise seven kids here.

I was living in a small, poor town in the poorest county in Oklahoma when a friend told me to get my real estate license. He suggested it so that I could sell a house occasionally and get a bit more income. I was terrified when I thought about raising my kids at the same time because it seemed impossible.

I eventually got my license, but the town I was working in only had one brokerage, and this brokerage was a boys club, as it usually is in these types of Midwest towns. The owner told me that he wouldn’t let me work there, wouldn’t work with me on deals, and wouldn’t let me set foot in his office. I was on my own, so I had to get all of my own business, sell all of the houses myself, and get all of the buyers myself. It was very strange, but things were different in 1998.

"I was terrified when I thought about raising my kids because it seemed impossible."

My friend suggested that I also get an origination license so that we could do sales and loans in that town. At that time, secondary mortgages were unheard of there. For these types of mortgages, you put 20% down, it was a 10-year loan, it had an adjustable rate, and that was it. It kept the area very depressed, so I brought secondary mortgages to this town.

I started doing subprime and zero-down loans, but I was a very responsible lender. The average sales price was only $30,000 to $40,000 in this town, so I had to sell a lot of real estate to support my family.

Keep an eye out for part two of my story. In the meantime, if you have any questions about this or other real estate topics, feel free to give me a call. I’d love to hear from you.