Here's a look at what's new in real estate markets across the U.S. from around the Web.

187360 Resource 178435 178982 178982 1193243117898 1193243196319 Controlled National News: Existing Home Sales Drop in Aggregate Report for September

Flagstaff Homes Sales Continued at a Better Rate – Though Still Down

For Flagstaff homeowners who are closely watching the market, the national news this a.m. – and its subsequent fallout – could be distressing. Yesterday, <a href="http://online.wsj.com/article/SB119319873816169577.html?mod=rss_Page_One">economists predicted</a> that September resale home figures to be reported today would show a drop of 4.6%. At 10:00 a.m. this morning, the reality was worse.  <a href="http://online.wsj.com/article/SB119323242323769811.html?mod=hpp_us_whats_news">Overall home resales declined to a 5.04 million annual rate, an 8.0% decrease from August.</a>While the Flagstaff market drifted lower in the <a title="Third Quarter Flagstaff Real Estate Market Report" href="public/item/185992" target="_blank">3d quarter of 2007</a>, Flagstaff home prices, overall, still have not dropped below the highs of 2005.  The inventory of homes for sale in Flagstaff was down a bit in the <a title="First Half of October Flagstaff Home Sales Snapshot" href="public/item/186637" target="_blank">first half of October</a> but still high enough to declare that Flagstaff is a buyers’ market. The Flagstaff market swings have been, and probably will continue, to be less dramatic than the national market swings.Another interesting article in this morning's newspapers notes that Realtors® across the country are recommending home staging. This has been our recommendation all year, and Team Heitland at RE/MAX Peak Properties incorporates an initial staging consult with a <a title="Mountain Home Staging" href="http://www.mountainhomestaging.vpweb.com/services.html" target="_blank">professional stager</a> into our listing fee. As a Flagstaff real estate agent, I agree with the Seattle real estate agent who said, <a title="RE/MAX agent in Seattle quoted in local paper re home staging" href="http://seattlepi.nwsource.com/local/335614_incentives16.html?source=rss" target="_blank">“Having a home well prepared and well photographed used to make the difference between selling at one price and selling for a bit more....  Now if you don't have these things done, you're going to be lucky to get it sold at all."</a> 9 application/xml false Flagstaff home staging Flagstaff real estate agent Flagstaff real estate sales Here's a look at what's new in real estate markets across the U.S. from around the Web. As compiled by the Dow Jones' Real Estate Journal http://www.realestatejournal.com/buysell/openhouse/20071024-kim.html?mod=RSS_Real_Estate_Journal&rejrss=frontpage Press Release from the National Association of Realtors® on September 2007 Home Sales September Existing Home Sales Nationally Show Mortgage Impact http://www.realtor.org/press_room/news_releases/2007/ehs_sept07_mortgage_hampered_sales.html Mozilla/4.0 (compatible; MSIE 7.0; Windows NT 5.1; .NET CLR 1.1.4322; .NET CLR 2.0.50727) 127.0.0.1 127.0.0.1 aheitland false true false false true 178975 false false true false false false true 178435 blog blogsite/BestFlagstaffHomes/web