West Sedona Home with Views lowered to $549,900 - 01/26/08 11:17 AM
Visit Website for Pictures/Virtual Tour: http://www.25sunshinecourt.com/.  High above West Sedona with gorgeous views. Beautifully maintained 3 - 1 3/4 Southwest Style Home in upscale neighborhood with hiking trails across the street. New rear decks offer panoramic views and front row seats of the red rocks and colorful sunsets. On sewer and natural gas. Home has never been lived in by Owners and gently used as vacation rental. Close to shopping, quiet street, fireplace, oversized garage and Cat 5 wiring throughout with room to go up.<!-- <hr id="picHR"> --> … (0 comments)

Estate, older 3000+s.f. pool home on 1.5 acres in heart of Sedona - 01/26/08 11:12 AM
Yavapino Estates Home on approximately 1.5 acres in the heart of Sedona.  Endless possibilities for this 3000+ s.f. older, estate home with sweeping views, natural landscaping and pool.  New paved roads and sewer with all fees paid.  Home on natural gas.  Great Room with fireplace embraces the outdoors.  Formal Dining with tray ceiling, large Master with full bath and walk-in closet.  Guest bedroom has ample closet and private courtyard.  Spacious Family Room with fireplace and full bathroom off Kitchen.  Large outdoor patio with pool that invites daydreaming, all amidst million dollar homes. Virtual tour and Pctures coming soon....Visit our Website: http://www.SedonaTownandCountry.com … (0 comments)

Sedona and Affordable Housing - Pros and Cons - 01/23/08 11:22 AM
Would love to hear your pros and cons of affordable housing in small resort towns, such as Sedona, Arizona.  Jackson Hole, WY. has the same situation, below is a link.....interesting article:
 http://www.planetjh.com/news/A_100263.aspx
Sedona and Affordable Housing 
Pros:
Attracting and keeping qualified service employees in the health care, public service, retail/shopping and restaurants/lodging industries.
Promoting and keeping long term residency, strong tourism, manageable levels of traffic and Sedona's natural beauty.
Challenges:
Keeping the charm of Sedona as we grow
Protecting property values
Maintaining public safety
Preserving quiet environment
Limited availability of land and the high cost
Density issues
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West Sedona Home with Views - 01/23/08 08:47 AM
High above West Sedona with views.  3/2 Home with 1828 s.f. on .27 acre.  Lowest priced home on the street.  Hiking trails, grocery and local amenities within walking distance or minutes of driving.  Offered at $549,900 the home has gently been used as a vacation rental.  Beautiful views from the rear decks.  New outdoor spa.  visit website to access virtual tour to see entire house: http://www.25SunshineCourt.com
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Mortgage Update - Feds Cut Rate - 01/23/08 08:22 AM
Emergency Fed Rate Cut
As you may have already heard, the Federal Reserve cut the Fed Funds rate again this morning by .75% to 3.5%, sending financial markets worldwide into turmoil.
In an emergency move to stave off recession, the Federal Reserve has made one of the biggest cuts in the Funds rate since 2003. Also, it should be noted that there was also a cut to the Discount Rate of .75% to 4%. Hopefully, this will trickle down to you and I the consumer.
Mortgage Rates Nearing Historic Lows
There is no doubt that rates are as competitive, and in cases, better than … (0 comments)

Sedona Property Owners - Your Property could be in the Movies - 01/21/08 02:36 PM
YOUR PROPERTY COULD BE A "STAR" The Sedona Film Office invites property owners to list their properties for consideration as locations for film, TV, video and still photography productions. They are seeking residential, commercial, educational, historic, recreational, cultural, spiritual, industrial and agricultural places. If you are interested in listing your property, please follow the instructions on the Locations page of this website www.sedonafilmoffice.com
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Home Trends for 2008 - 01/21/08 02:35 PM
Want to know how homes are going to change in 2008? Ann Mack, director of trendspotting at the giant JWT advertising agency has several predictions. In 2008, expect to see construction, design and decoration that go well beyond the basics to accommodate the eco- friendly, digitally savvy and time-crunched homeowner. PRIUS HOMES As energy prices remain high, home-owners will adjust by adopting green principles to save money. And creating an eco- chic home will only help to enhance its value. Another incentive: Major banks including JPMorgan Chase and Citigroup are offering "energy-efficient" mortgages for homeowners doing green renovations. Home design companies … (1 comments)

Mortgage Market - 01/21/08 02:34 PM
Mortgage Rates Have Dropped Even Further
Even better news than last week when it comes to mortgage interest rates on Conforming loan products (i.e. "A" paper 30 year fixed, 15 year fixed, etc.), which have continued to drop even lower than last weeks low levels.
Bank of America to acquire CountrywideIn surprising news, Bank of America has agreed to purchase Countrywide. The troubled mortgage lender Countrywide has agreed to this buyout in a bid to "stop the bleeding".
This is particularly good news for the economy from the perspective that Countrywide will not be forced into a bankruptcy position, nor will the federal … (0 comments)

Sedona Real Estate Market - 01/21/08 02:30 PM
Real Estate News: The Sedona market like most of the country is slow - with much a smaller volume of sales than in the previous three years. One of the major differences between Sedona and most other markets is that the Sedona real estate market is not driven by employment - and there were far fewer investors in this area than most areas of the USA. This creates a lower volatility of pricing.  Few sellers really need to sell urgently - and few people purchase homes because of job transfers.  We also have the advantage of a strong demand from retirees.  … (0 comments)

3 Bedroom 2 Bath Condo in Sedona with Views - 01/21/08 02:08 PM
We have just listed a wonderful 3/2 Condo with 1270 s.f., cathedral wood-beamed ceiling, split floor plan with wood burning fireplace and views of Sedona's famous red rocks for $299,000.  The unit is an upstairs end unit away from all main roads....very quiet.  Complex has community pool, spas, BBQ's, Clubhouse and Tennis Courts.  Grocery and amenities across the street.  Access Property website and view virtual tour to see inside of condo, complex and local amenities.  This is a great investment (good rental) and wonderful second home.  Oak Creek Estados is located in the heart of the Village of Oak Creek, Sedona.  … (0 comments)

 

Phil DePasquale

Sedona, AZ

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Sedona Elite Properties Management, Inc.

Address: 1725 W. Hwy. 89A, Suite 6, Sedona, AZ, 86336

Office Phone: (928) 282-6969

Cell Phone: (928) 399-9902

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