Gregg & Debbie Munson's (lifeisgreat) Blog

Real Estate Agent - Russ Lyon | Sotheby's International Realty Flagstaff AZ



Hi All: Bloomberg has a excellent video which deals with housing affordability and the real estate market in general. While Flagstaff real estate hasn't been battered nearly as much as the Phoenix Metro area and many other parts of the country, I think the video provides a worthwhile perspective ...
Let's talk about the Flagstaff Real Estate market and buy opportunities for a moment. Of course it makes sense to get a great real estate deal in this market; however, in the Flagstaff real estate market, is the short sale or foreclosure necessarily the best way to go? To that I answer sometimes ...
March 23, 2009 Flagstaff Real Estate Distressed Properties Update: I ran the numbers this AM and as of today, Flagstaff and Northern Arizona have a total of 34 residential MLS lisitngs that are either bank owned or short sale properties.  The current MLS total inventory is 1250 listings of which...
I have been asked this question more than once recently, thus I will try to answer. In a typical 'short sale', we're going to ask a lender to except an amount which is less than what is owed on the property; or, in other words, to except a short sale. In the past, short sales were more difficult ...
FLAGSTAFF MARKET SNAP SHOT FEBRUARY 2009* February reflected the first real decline that I've seen in sometime. As you will note, January reflected an increase while February showed a sharp decline. Again, for my part, I believe that it's too early in the year to forecast the trend. Only more tim...

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