Things seems to be picking up. Properties are consistently renting but it is still a "lets make a deal" market. There is still a large inventory of empty homes that people can't sell and are opting to rent so there is healthy competition out there. The best guidelines to insure that your property remains competitive is to keep making upgrades as needed and remain 'flexible' with pricing. Work with your agent and consider all "offers"!

   Rentals have remained steady.  In the sales market, the proverbial bottom hit Sedona and the Verde Valley in January 2009 and it has been stabilizing but sales prices are still down considerably from 2006.   There remains a plethora of inventory out there and it is a very competitive rental market.   Many owners are negotiating "deals." Our advice to both new owners and owner's whose property has remained vacant for more than a month: Check in with your Agent and get a sense of how much activity your place is getting. If it isn't getting any activity then it's time to look at the rent amount and possible incentives such as 1/2 month free rent etc.

      Properties that look "pristine" new paint, appliances and flooring definitely have a competitive edge in this market where there is a plethora of rental inventory.  If you have repairs or upgrades that need done, please work with us to get them done!

State Route 179 Construction:

  The construction of State Route 179 has had an impact but is improving daily. We’re all waiting for it to be completed. You can get weekly updates on this website: http://www.scenic179.com/

Foreclosures:

  We are very sympathetic that these are difficult times for some of you. We do ask that if you are in financial crises, let us know so that we can give your tenants’ options.