195240 Resource 178435 178982 178982 1200975063880 1200975242956 Controlled Flagstaff Real Estate -- Mid-January Market Update

Is this a hint at the outlook for 2008 in the Flagstaff real estate market?

<p><font face="verdana,arial,helvetica,sans-serif" size="2">Those of us who&rsquo;ve felt the quickening pace of the Flagstaff real estate market in the last few weeks can look at statistics to confirm it. Nearly 15% of the available supply of homes either sold or is under contract after the first three weeks of January 2008. <img alt="Looking ahead through binoculars (at Flagstaff real estate)" hspace="5" src="http://annheitland.smugmug.com/photos/233599788-S.jpg" align="right" vspace="5" border="1" /></font></p><p><font face="verdana,arial,helvetica,sans-serif" size="2">For single family Flagstaff homes, there are currently 548 homes for sale without a contract to buy. These numbers are in all price ranges and neighborhoods as reported on the Northern Arizona Multiple-Listing Service. Some Flagstaff neighborhoods have few or no homes for sale. Twenty-five single family homes with Flagstaff mailing addresses had closed already by <em>Martin Luther King Day</em>. Another 53 were under contract with a buyer wanting to close.</font></p><p><font face="verdana,arial,helvetica,sans-serif" size="2">The entire Flagstaff residential real estate market (adding condos, townhomes, and manufactured/mobile homes to the numbers above) includes only 777 homes for sale without a buyer in contract. Thirty-six have closed already this year and 90 are under contract to sell.</font></p><p><font face="verdana,arial,helvetica,sans-serif" size="2">Three-weeks of a year cannot foretell a trend, but 2008 has started out with a bang in Flagstaff real estate. This level of activity is a reaction to stabilizing prices and low interest rates. For a full report on the Flagstaff real estate market in 2007, <a title="Flagstaff Real Estate Annual Report - January 2008" href="http://control.cisdata.net/bin/filelink.php/AR49005/46a93b529400f8f05b55c5f29b412042/" target="_blank">click here</a>.</font></p><p>If you are thinking of buying or selling a home, you need to drill down to facts about your particular neighborhood and price range. When you are ready, contact, <a title="Flagstaff real estate agent website" href="http://bestflagstaffhomes.com/" target="_blank">Team Heitland at RE/MAX Peak Properties</a>. We're a team of Flagstaff real estate agents who work hard, work smart, and work for you!</p> 9 application/xml Flagstaff homes Flagstaff real estate Flagstaff real estate agent Flagstaff real estate market Flagstaff residential real estate Statistics on Flagstaff real estate quarter-by-quarter and segment-by-segment during 2007 http://control.cisdata.net/bin/filelink.php/AR49005/46a93b529400f8f05b55c5f29b412042/ false 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 24.121.32.9 false true false false true 178975 false false true false false false true 178435 blog blogsite/BestFlagstaffHomes/web