Coldwell Banker FA of Sedona Promotes Big Sale of Homes

Click the tab above to read more about this sale. Also, any home purchased during this ten day period will receive a free appraisal worth $400 to $600 if Coldwell Banker Mortgage does the financing. This is a real good deal that ends soon.

Cramer Says Market is Rigged In Favor of the Big Boys

How Will the Presidential Election Affect Sedona Real Estate

Most realtors believe if John McCain wins the election it will be good news for Sedona homes.  Even though McCain has a home outside of Sedona he frequently tells journalist he resides there.  Will Sedona become the next Western White House?

Fed Lowers Discount Rate to Save Banks

Well the Federal Reserve Bank lowered the discount rate once again and this may be the last decrease for the remainder of the summer.  Quite frankly the government does not know what to do.  As the middle class comes under increasing pressure the top 1% seems to be walking off with all the furniture. Yikes, what can they do with all the money they are stealing? Do they actually think they can take it with them? Do they actually believe looting the country makes them smarter or better? Quite the contrary.  I have it on good authority they will not like what’s waiting for them and there’s nothing they can do about it.

How does this relate to Sedona real estate? For one, the banks are not funding as many loans as they should be.  Some local industry players claim more than 40% of the loan applications are not closing escrow, usually becuase the banks are finding some lame excuse not to fund the loan.  In reality they just don’t have the money but they like to pretend the process is still working. I’ve read some sources that claim the banks are funding only 24% of the loan applications submitted. So obviously this is affecting not only Sedona but the nation as a whole.  To succeed or sale a property today many sellers should consider financing some of the loan. Write in your MLS details that “owner will carry.” This is the trend of the future.

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Video of 2007’s St. Patrick’s Day Parade in Sedona

The st. patrick day parade for a hit.

Spring time for sales in Sedona?

As any Realtor will tell you in Sedona spring is the most active time of the year.  The weather is pleasant and tourist descend in droves of mass unconsciousness.  It’s amazing no one gets hurt in Uptown but the Red Rock faeries actively lookout for these innocent beings. Hopefully, tomorrow,  I’ll post a video of this  madness called spring.  If I’m lucky I won’t find an ice cream cone stuck on my nose, but, no worry, more likely it’ll plot on the hot asphalt and melt back into to Gia.