For most people, purchasing their own home signifies financial stability and success, and the sooner they receive the keys to their new home, the greater the sense of accomplishment. The problem is purchasing real estate involves taking a risk in hope for a much greater reward and many prospective buyers are still wondering when the right time to enter the market is. While it is important to implement proper strategies before entering the marketing, rather than knowing when the right time to enter, it is equally important that you choose the right gateway.
Greater Real Estate Opportunities in Sedona
While a number of economic and natural elements have contributed to the increase in the price of real estate in America, Sedona was not nearly as impacted. Take for instance a 4000 square foot property located Palm Beach, Florida on a 0.5 acre lot, generally this is priced at $2 million while a property of the same magnitude in Sedona would go for $1 million.
Its unique landscape dotted with lush vegetation, beautiful canyons and mountains have made Sedona one of the most sought after home towns. The Sedona real estate market has successfully recovered from those low unprofitable rates that prevailed during 2010 and 2012 and increases in prices are unlikely, unless the market is unable to meet demands. Therefore, if you’re still wondering if it’s the right time to enter the market the answer is, “Yes”.
Stability of Sedona’s Real Estate Market
The current real estate climate in Sedona has been inversely affected by development of the population in the area over the last 25 years. The median cumulative days for properties to be on the market in Sedona for June 2014 was five months. This is very impressive for any real estate market in the current economic climate. So why wait? Your chances of being rewarded are much greater now.
Ready To Make The Move?
If like many, you are ready to make the move to Sedona, give us a call. We are ready to help you find exactly what you are looking for. We offer great opportunities for buyers who are eager to move into a beautiful creek front or red rock view property.