Comment about: Flagstaff Real Estate Market Report
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| May 05, 2008 | | Flagstaff homes are consistently about 20 percent overpriced at present. We've been looking to find a home here for over a month, now. Prices have dropped slightly, but still all of the homes we've liked so far we've had to pass up because they are so obscenely overpriced. We sold our house in the Washington, DC, area for a very good price before moving here (we got lucky), yet we cannot afford a comparable house in Flagstaff. When Flagstaff prices drop another 20 percent, Flagstaff will be somewhat competitive again. Until then, we're sitting on our money and waiting. I suspect we're not the only ones.
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