It's a very rough time. That means great opportunities to buy Sedona Real Estate.

“It's both a very tough time and a great opportunity…It's an unbelievable time to buy a house.”
                         - Donald Trump on Larry King Live

"A recession is a terrible thing to waste.  The time to buy is when blood is running in the streets."

                         - Jim Cramer

Sedona Real Estate Market hits Bottom;

                                                                 Current Sales Surge.

Sedona Single Family Home prices hit levels in mid-January that we haven't seen seen 2003.  Since having reached it's apex of $660,000 in April of 2006, the Median Recorded Sales Price established a low, in January, 2209 of $341,500.  That figure, however was $424,000 by February and is still holding at just above that level for the time being.

At the same time the current number of pending sales is five times what it was on the 1st of Jan.  In fact, it's now higher than it was in May of 2005 - the peak of the market.

Whatever is happening nationally, that spells a bottom and subsequent rebound locally.  With both sales numbers and prices on the rise, would-be buyers of Sedona real estate are well advised to get off the fence and snatch up the bargains while they're available.  We'll never see prices this low again in our lifetimes.

Once the Fed's economic rescue plan gains traction, look for the housing market in the rest of the country to start to rebound as well.  It's already showing signs of that. And, that will add fuel to Sedona's price run-up. Yes, we'll still see foreclosures and short-sales increasing for some time to come, but they still only represent about 10% of the inventory.

There’s no guarantee that the government’s “sending in the Marines” will accomplish all that it is intended to do, but it clearly will have a positive impact on reenergizing the credit industry and restoring public confidence.

The bottom line? -- we have, indeed, finally “found the bottom” of the Sedona Real Estate market and the tide has turned.

In the meantime, buyers with vision, and the savvy to hire a Buyer Agent who knows where the bargains are, have an open field, right now, to score some of the best deals we’ve seen in Sedona real estate in years. Many of those buyers have waited far longer than they would have liked to achieve their dreams of having a home here – waiting, with good reason, to see what they market would do. Now they can achieve that goal at a price no one would have ever conceived of even a couple of years ago.

By the time economists declare a recession or a market bottom it's old news and it’s and the best deals have been snapped up. It's already happening. It really is time to take action.  We'll have a lot of inventory at all levels for some time to come, but many of the phenomenal bargains are getting snapped up quickly.  So contact us today.

As Buyer’s Agents we can help you take maximum advantage of this buyer’s market and make the recession work for you.  You'll see major pay-offs down the road.  Call us to discover how.

Dr. Roy Grimm and his colleagues at Buyer Brokers Group/Russ Lyon Sotheby's International Realty are admitted industry "mavericks" who have built a reputation on getting buyers the best possible deals while providing impeccable service. Watch videos (above) to learn more.

"As a former real estate agent in the Midwest looking for property in an unfamiliar location like Sedona, I knew I wanted to work with someone who represented my interests only, someone who did not have a hidden agenda to sell his office's listings, and someone who had nothing to lose by answering all of my questions in an honest manner. You not only fit all these parameters to a tee, but I was struck by how patient you were in your dealings with me." Read entire testimonial

buyer beware!

Buyer overpays $500,000 for Sedona luxury home -- read story

"Thank you, thank you, thank you. We would definitely recommend you to anyone who is interested in purchasing real estate in Sedona."

 - John & Chris Wilkinson

"Your representatives [Ed & Laura] set very high standards for others to follow.  I cannot say enough - or praise enough - these two winderful people.  I've experienced very few businesses run as smooth as yours.  Above and beyond."

 - Beverly Myers

"Roy went above and beyond what any realtor ever would have.  We would definitely use Buyer Brokers again.  We couldn't be happier."

 - Rene & Chuck Russell