Meanwhile, back in Flagstaff and with the Flagstaff real estate team

It's going to be another wonderful weekend in Flagstaff, with great sunny weather.  Bring a jacket and enjoy many great Flagstaff things to do, starting tonight.  While I've been attending the 2008 RE/MAX International Convention in Las Vegas (see my posts here for the last several days), my mortgage blogging partner has been keeping our clients and other blog readers up-to-date on developments in the home loan market.

To learn about the new FHA mortgage limits, and how they apply in Coconino County, to Flagstaff real estate, read Liz Fontanini's post entitled New FHA Mortgage Limits Announced. Once the details of this shake down to mortgage investors and the word of available limits gets out, this piece of the Federal Stimulus Package should give a boost to Flagstaff homes in the $400,000 - $600,000 price range - a range that has been lagging in recent months.

Just before leaving for the RE/MAX Convention, I posted a piece about the various housing indices, which I've been meaning to do for a long time. It finally got up from the bottom of the pile because of yet another doom/gloom, little analysis, news article that appeared in the Flagstaff paper last week. You may be able to use a similar presentation format in your market. Take a look at the picture, which I created simply by inputting the Flagstaff housing data into a small Excel spreadsheet and clicking the graph option. Here's the post: What Does the Latest Housing Data Mean for Flagstaff?

Have a great weekend, Rainers. If you know anyone who wants to buy or sell Flagstaff real estate, send them our way.  Team Heitland at RE/MAX Peak Properties will be working.

Fun Things to Do in Flagstaff this weekend!

Flagstaff weather this weekend.