Comment about: Flagstaff Real Estate Market Report
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| May 05, 2008 | | Interesting assertion -- and comparison to D.C. | I'm not at all familiar with the D.C. market, but I'm stunned that it would not be more expensive than Flagstaff. Were you commuting from rural VA or Maryland? What do you base your "20%" on? I would say it's fairly safe to assume prices will not begin to go up again until 2009, so sitting for now is probably ok; however, I do not expect a 20% drop over the next year. Meanwhile, you lose the tax benefits of home ownership -- if you have income to offset those available deductions. I suggest you find a real estate agent who is expert in the Flagstaff market to assist you in evaluating our market relative to your needs. Ann | | |
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