Phil DePasquale's (sedonarrealtor) Blog

As of January 31, 2010 there are approximately (40) residential properties in Sedona that are for sale, classified under the following Special Conditions: Auction     Court Approval Reqd     Corp Approval Reqd     Foreclosure/Lndr Own     Short Sale/Lndr Appr They range in price from $159,900 to ...

A Note from Phil DePasquale:  In keeping with the theme of "CHANGE" for 2010 I have accepted a wonderful opportunity to work with Sedona Elite Properties Management, Inc.     Tina Snelling-Nelson, Broker/Owner of Sedona Elite Properties has worked in the corporate world for many years and knows t...

As some of you may have heard, after a rise in existing home sales that went from September through November, existing-home sales fell as expected in December.  There is some good news for December, however, according to numbers released by the National Association of Realtors this week shows tha...

As the FHA promised, saying that it would crack down on FHA approved lenders that were not meeting FHA mortgage lending guidelines, the FHA revoked the FHA lending ability of three companies and suspended another from the program.  FHA approval completely withdrawn for: - Americare Investment Gro...

3.5 Percent Offered by "Fannie" for Home Buyers Purchasing an REO According to news just released by the government owned mortgage financier, Fannie Mae is offering 3.5 percent in seller assistance to the borrower, if the borrower purchases one of its previously foreclosed HomePath properties. Th...

3/2 Impeccable home overlooking creekfront, gated community of Oak Creek Valley. Lovingly used as a vacation home, fully furnished, in move-in condition. 3/2 1400+ s.f. home on approx. .50 acre overlooking Oak Creek Valley. Cathedral ceilings and niches, split-floor plan, gas fireplace and inviti...

This is not a distress sale but a motivated seller. PRIVACY on 4.6 acres with 1997 5/3 Manufactured Home located approx. 20 - 30 minutes from the heart of Sedona, AZ. Large open kitchen, two family rooms, split floor-plan. Front acre fenced and cleared for horses/animals. If you are looking for r...

As noted by Richard Shreeve, Mortgage Market Weekly According to numbers just released by the Mortgage Bankers Association, mortgage application volume decreased 22.8 percent on a seasonally adjusted basis during the week ending December 25. So, that being said, you might be wondering why I inclu...

Number of listed homes & condos in all of the Sedona market: 387 (way down from 446 60 days ago but down from 574 240 days ago) Number of homes & condos listed below $400,000: 120(again a continuing down trend - was 181 nine months ago) Number of homes listed over $1 million: 74 (was 89 sixty da...

Rocky Road to Housing Recovery?  Written by Richard Shreve, Mortgage Market Weekly As most people in the real estate biz know, the spring season is normally something to look forward to.  This is the season where homebuyers typically come out in droves and home sales pick up. However, with all of...