Realty Executives of Northern Arizona
City of 7 Wonders
Flagstaff, AZ is a great place to live and a fantastic place to raise a family. The small town atmosphere welcomes locals and tourists alike. The downtown area is always bustling with events both large and small. Throughout this region there are artifacts and remains from Native Americans which remind us of the local culture. We are surrounded by breath-taking natural beauty full of pine forests, mountains and the like. You never run out of things to do here in Northern Arizona. It’s no surprise that it is referred to as the City of 7 Wonders. Just what are the “7 wonders” of Flagstaff you ask? Let me take just a moment and satisfy your curiosity.
The first place that over five million people flock to each year is the Grand Canyon. This is one of the most popular tourist destinations in the United States. Carved out from the Colorado River the Grand Canyon offers many outdoor activities including camping, hiking, river rafting and backpacking to name just a few. Families with young children on up to seniors and those with disabilities are able to enjoy the area from early Spring through late Fall. For viewing either the South or North rim, the highways bring you through Flagstaff where many local companies offer tours by bus, air, or river.
There is also the amazing Coconino National Forest which is the largest contiguous pine forest in the World! Yes, you read that right! Almost every outdoor recreation you can think of can be done right here. Many come to hike, go horseback riding, enjoy fishing or to take in the scenery during an afternoon picnic. Many beautiful photo opportunities abound amongst the pines, so don’t forget your camera!
Oak Creek has made it to this list because of the unique rock formations made from eroding sandstone, and even some limestone, that dates back millions of years. You will also be in awe at the series of basalt lava flows that have made the east rim of this canyon. Oak Creek itself excites even the local fishermen as they reel in a few different types of trout, bass and catfish. This is the second most-popular tourist destination in the state of Arizona.
One last canyon to add to our list would have to be Walnut Canyon just 10 miles southeast from downtown Flagstaff near interstate 40. This park is known for its remarkable ancient cliff dwellings that you can not only see, but hike inside of. As you embark on your journey you learn about the men and women who once occupied this region, such as the Sinagua. The name of the people itself means, “without water” and is very significant as these occupants of this territory had to learn how to conserve water amongst their parched surroundings. You’ll also find over 380 different plant species such as the Prickly Pear cactus and the Arizona black walnut that will enliven the botanist inside of you.
Now let’s move on to the landscape of legacies known as the Wupatki National Monument. Here nestled between the painted desert and tall pines you will find ancient pueblos built by the Native Americans, namely the Cohonina, Kayenta Anasazi and the aforementioned Sinagua. The ruins were built from local Moenkopi sandstone and are a rich, red color. Although it is cared for by the National Park Service and no longer occupied, many local tribes and clan members visit the dwellings to remember their heritage, recall how their ancestors use to live and to pass on their legacy to the next generation.
Located along highway 89 is the Sunset Crater National Monument which erupted about 900 years ago and completely reshaped its surroundings and changed the lives of the people and plants at that time. Although the hike to the crater is currently closed, you can still enjoy the Lava Flow trail which skirts around the Bonito Lava Flow and puts you among Ponderosa pines and Asters which is very striking against the black hardened lava.
Lastly we come to a natural beauty that you see all throughout Flagstaff whether driving on a country road, hiking a local trail or walking through the downtown shops, the great San Francisco Peaks. The highest summit in the mountain range is Humphrey’s Peak, which is also the highest point in Arizona and boasts 12,633 feet in elevation. An interesting tidbit is that most of Flagstaff’s water comes from this mountain, who knew? It is also a very popular area for hikers and climbers in summer and, of course, snow sport lovers in winter. The Arizona Snow Bowl is located on the western slopes and is packed with skiers and snowboarders during the fabulous winter season that we have here. As you drive through or hike the area you will get to see forests bursting with species of pine, spruce, fir and aspen trees. This mountain range can be enjoyed year-round and is appealing to all the senses as it welcomes you in to Flagstaff.
This is why our little town is called the City of 7 Wonders, although I’m sure myself and other locals could definitely add more incredible features and landscapes to this list. So if you are local and haven’t ventured out yet to each of these places, plan to go to a few during the coming spring and summer months. If you have family or friends coming to visit, now you have a detailed list of places to see and things to do while they are here visiting our great city.
About the Author:
Egle Rucci – Realtor®,GRI, ABR
Realty Executives of Flagstaff
Se habla Español
Direct: 928-600-5629
www.propertiesinflagstaff.com
The best compliment I could get, is a referral from you, your family and friends!
Here’s something that probably won’t surprise you…
Numerous studies confirm that people looking for a professional, such as a roofing contractor, trust recommendations more than advertising.
Like I said, there’s no surprise there!
It’s becoming more and more common for people to ask friends and neighbors for recommendations when they’re looking for a professional. In fact, it’s one of the more common types of posts on community Facebook pages.
Why am I bringing this up?
As you may know, I’m well-connected in the local “home” industry. So, if you or one of your neighbors is looking for a reputable contractor, decorator, or other professional, I may be able to recommend someone. Please feel free to ask.
I’m happy to help.
And, by the way, if you come across someone looking for a good real estate agent, I hope you’ll feel comfortable giving them my name. My business is built on referrals from valued clients and homeowners in the communities I serve. Any referral you send my way will be greatly appreciated!
Let's jump into a quick market update...
In July I will provide a full 6 month review of the market. To quickly summarize what we have seen in the last few weeks I have asked Arizona Association of Realtors President, Gary Nelson for his take on the recent changes.
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“Throughout Arizona and the nation, real estate markets seem to be shifting quickly and sales activity has slowed. This is due to a rise in interest rates since January that has taken away the buying power of most real estate buyers combined with the drastic increase in home prices over the past few years. Sales activity has returned to before-pandemic conditions where housing inventory has increased and buyers are more tentative. Buyers still need to be prepared by being pre-qualified with a reputable local lender and, depending on price range, may still face a multiple-offer situation. Sellers need to also be prepared with properties that show well, are ready for the market and are not overpriced."
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As Gary mentioned, things are shifting quickly and we anticipate more changes to come. I will always have my finger on the pulse of the market, please reach out with any questions!
Have a wonderful 4th of July!
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Renee Gaun * Jeff Ross 928-606-6232 Renee
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15 E. Cherry Ave |
How often have you opened a newspaper, or logged into your favorite news website, and seen story after story about the real estate market? It has certainly been getting a lot of coverage. Most news outlets report on national and general state news. It's good to have an idea of the big picture for real estate in Arizona but it is the local scene that impacts you most. Here is a very brief year-over-year summary for April for the Flagstaff real estate market.
What does all of this mean? In a nutshell, Flagstaff is still a sellers' market. Prices have increased since April of 2021 and we are not seeing those numbers coming down. However, the early May numbers are showing a slight pause with houses staying on the market for a couple of weeks before receiving offers. This is very typical of May with graduations and end of the school year. Another interesting observation (not reflected above) is that while houses are selling for over the list price this number is now under $20,000. Earlier this year we were seeing properties selling for $50,000-100,000 over the list price with multiple offers. Great for sellers but very hard for buyers. Predictions are for a strong sellers' market as we move into the third quarter of 2022. Buyers can look forward to more properties on the market and perhaps more time to view them.
If you’re thinking of moving, give me a call. I can give you a good idea of what your property will sell for in today’s market. In addition, if you’re targeting a neighborhood you’d like to get into, I can let you know what properties are selling for in that area and the current opportunities available.
If you ever have questions about the local market, please don’t hesitate to contact me.
Blessings,
Kim
How often have you opened a newspaper, or logged into your favorite news website, and seen story after story about the real estate market?
Probably often.
There’s no doubt about it. The real estate scene has been getting a lot of coverage lately, and it can all seem confusing — even baffling.
However, there is good news.
Most news outlets report on national news. But, it’s the LOCAL Flagstaff real estate scene that impacts you the most. And, this Flagstaff market is much easier to understand and predict.
Say, for example, you’re thinking of moving. If you give us a call, We can give you a good idea of what your property will sell for on today’s market fairly quickly. In addition, if you’re targeting a neighborhood you’d like to get into, We can let you know what properties are selling for in that area and the current opportunities available.
So, if you ever have questions about the local market, please don’t hesitate to contact us.
5 Month Update to the Flagstaff Real Estate Market
We are almost 5 full months into the 2022 Real Estate year with many changes afoot.
The Biggest is Inventory, which has increased, not to a level that is needed yet, but it is on the way.
The second is mortgage interest rates.
When we wrote our enewsletter in January, we had 41 homes of all types, Single Family, Townhome, Condo, and Manufactured in the general Flagstaff area. As I start this newsletter today on Friday, May 20th, we are up to 169 homes on the market.
Granted, the median price of those 169 homes is $835,000, with only 30 of those homes priced under $500,000. The average days on market for these homes is sitting at 36 days.
Lets start with the end of the newsletter and moved on from there, so the Summary:
| Sellers; Be careful what you are listing your home at, it is more important that ever to have that experienced full time agent giving you the guidance you need. We talk in our office of the importance today, of not overpricing your home. More than ever, if your home does not sell relatively fast and you decided to lower the price, you may be putting a stigma on the home, "Why did it not sell”. The first question most buyers may ask, what is wrong with the home? not necessarily noticing it was just plain overpriced. |
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We are still in a strong Seller’s Market, so a good time to list, though it may take longer depending on the price point you are sitting at, and what happens with the Mortgage Rates.
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Buyers; Find the full-time agent, the agent that Real Estate is their only career, second find the best possible Mortgage Lender.
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Just recently talking to Chris Hallows with Wallick & Volk Lending, his comment, “you must stay focused on the final outcome of your mortgage”. If you are waiting for homes to drop in price, while watching the interest rates rise, you may be focused on the wrong thing.
Granted things change, but currently in today’s market.
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A little more about this year’s Housing Market;
As mentioned above, we have climbed to 169 active homes on the market, with a median home price of those homes at $835,000.
Year-to-Date, we have sold 444 homes a decrease of -17%, with the Median Sale price climbing to $663,000 or a 32.6%.
Of those homes, the Median List price was $637,000, so a final price of 4% over list.
Also, the median Price per Sq Ft, has risen to $358.00.
Of these sold homes, 33% have been cash sales, with the Median Sales price of these case sales at $685,000.
We see what has happened this year,
Now let's look back 5 years and compare 2017 sales to 2022 sales:
We have sold 4.5% more homes this year to date, than in 2017, during the same time frame,
Home prices have climbed dramatically, with the Median Sales price in 2017 at $333,000, compared to todays at $663,000, an increase of 99.1%.
We wanted to keep this newsletter a little shorter, with the overall tone,
Buyers,
There is opportunity, but more than ever, the importance of having a great Lending and Real Estate professional guiding you.
Sellers,
Be careful, it is easy to think the market is so hot, you can list for anything. But with the rising interest rates, and rise in home prices, the buyers purchase power is eroding.
We are not saying do not list, it is the best time of year, and the demand is still extremely strong. With that strong Real Estate professional, they will guide you toward that very best sales price.
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Jeff Ross * Renee Gaun 928-607-5556 Jeff
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15 E. Cherry Ave |
From Traditional to Groundbreaking
Top-notch hospital care as well as alternative health care treatments are all available in Flagstaff, providing a boost to the body and the mind.
Flagstaff is home to one of two hospitals run by Northern Arizona Healthcare, which is the largest health care system in northern Arizona.
Flagstaff Medical Center is the only Level 1 Trauma Center north of Phoenix and is a Primary Stroke Center. FMC and NAH’s next nearest hospital, Verde Valley Medical Center has a combined capacity of 400 beds.
NAH serves more than 700,000 people with a team of 4,000 doctors, nurses and other experts, as well as millions of tourists visiting nearby sites such as Grand Canyon National Park, Sedona, Monument Valley and Lake Powell.
NAH also provides outpatient services through 33 ambulatory sites throughout Flagstaff, Cottonwood, Sedona and Camp Verde, including:
With seven helicopters and 15 ambulances, NAH provides emergency transport services through Guardian Air and Guardian Medical Transport. NAH is a nonprofit health care system and is governed by a volunteer board of directors.
Flagstaff residents also receive high-quality, comprehensive medical services at the two North Country Health Care locations in town.
North Country’s federally-qualified community health centers at Fourth Street and University Avenue are two of 14 it has throughout northern Arizona. The Fourth Street facility is the largest, and it provides services such as family medicine, pediatrics, dental care, obstetrics and gynecology and behavioral health. It also has an on-site pharmacy for convenience.
North Country HealthCare is a Patient Centered Medical Home – the organization practices a team-based approach to treating patients. A care team may include a primary care provider, a care manager, a behaviorist and a clinical pharmacist.
If you’re looking to treat your teeth, you will experience a new approach to dental health when you visit Northern Arizona Biological Dentistry, which helps patients achieve optimal dental health while supporting whole body wellness. The team will work with other medical professionals – such as a medical doctor, chiropractor and naturopath – to ensure appropriate care.
Services include:
Back2Basics Outdoor Adventure Recovery is a licensed and nationally accredited program that implements an innovative approach to treat individuals struggling with substance and alcohol addiction.
Back2Basics is a recovery program that includes wilderness adventures and extensive life skills building, culinary and nutrition education, community service and healthy living. The second stage, Beyond the Basics, provides a platform for participants to implement those skills back into society.
If you’re in need of physical therapy, DeRosa Physical Therapy provides its patients with the highest level of comprehensive care, which includes sports, pediatrics, orthopedics, wellness and heart healthy cardiac care. In fact, DeRosa has Centers of Excellence in several specialties, including aquatic therapy, fitness and wellness, heart health and orthopedics.
Established in 1983, DeRosa is highly experienced. Its physical therapists serve the entire Flagstaff area, including world-class athletes visiting from around the globe.
At DeRosa, patients receive state-of-the-art and evidence-based rehabilitation, therapeutic services and physical conditioning. For example, the Cross Fit Train and Strong Fusion programs offer advanced high-level conditioning and performance enhancement. Some of the cutting-edge therapeutic methods used by the therapists have been published in medical journals or shared at national and international conferences.
Flagstaff is home to a variety of alternative medical and healing practices. Dr. Brandie Gower started Dr. DNA in 2007 in an effort to provide medicines and treatments to prevent diseases such as cancer. The naturopathic physician’s research focuses on viruses and helping patients heal from their impacts, with treatments such as constitutional hydrotherapy, acupuncture and IV infusion. Dr. Gowey creates all her own formulations, and her work is overseen by two governing boards, including a research board.
From Destination Flagstaff @7000ft, a publication of the Greater Flagstaff Chamber of Commerce. 2019-2020 Official Relocation & Visitor’s Guide.
Where the Experts are - Serving Flagstaff and Northern Arizona since 1977
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