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Sedona, AZ

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Lot's of Fun---Great Cause! Red Rock Canvas Event November 7 - 9

10-18-08
Phil DePasquale
Phil DePasquale: Real Estate Agent in Sedona, AZ
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  • Office: (928) 399-9902
  • Mobile: (928) 399-9902

Red Rock Canvas Event is Building Momentum

000001 Sedona ChamberSedona's 1st Annual city-wide arts and culture event is building momentum. The city will come alive through the arts November 7 - 9 with the Sedona Gallery Association's "Red Rock Canvas - The Event".
Purchase tickets now for the pinnacle of the weekend - an elegant Gala at Sedona Rouge Hotel and Spa. Saturday November 8 from 7 - 10pm, the ballroom will light up with spirited auctions from which a portion of the proceeds will benefit Camp Soaring Eagle and Human Nature Dance Theatre. Highlights include live and silent auctions, Wild Oak label wines from St. Francis Winery and Vineyards, luscious hors d'oeuvres from Reds, live music and a presentation by Camp Soaring Eagle spokesperson, actress Jane Seymour.
Tickets are available with two options: Gala and Auctions for $150 or a $175 VIP ticket. Both include $50 towards an auction win. The VIP ticket features a Sunday tour of the Waddell studios and special courtesies in all SGA galleries. The first 50 tickets sold will be entered to win an exclusive gourmet brunch with John and Ruth Waddell at the studios. For more information on Sedona visit www.RedRockCanvas.com. To purchase tickets for the Gala and Auctions call 928-567-3650.

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Sedona Plein Air Festival-Oct 19-26, 2008

10-16-08
Bob & Carolin Benjamin - E Phoenix Arizona Real Estate
Bob & Carolin Benjamin - E Phoenix Arizona Real Estate: Real Estate Agent in Gold Canyon, AZ
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  • Office: (480) 201-3001
  • Mobile: (480) 201-3001

If you are into art and artists and will be in Arizona Oct 19-26, 2008 you will want to take a trip to Sedona Arizona and take in what is called the Sedona Plein Air Festival. There will be more than 30 award winning artists. There are daytime events and an evening with the artists on Oct 24th. Also a public exhibit and sale happens on Oct 25 and 26. "En Plein Air" is taken from the French words meaning "in open air". The festival finds artists working out in the open air - in every sort of venue that Sedona can offer - streets, trails, creeks - generally all over town. Enjoy!

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National Market Indicators from here in the Sedona AZ Real Estate Market

10-01-08
Barbara Baker, Sedona Arizona
Barbara Baker, Sedona Arizona: Real Estate Agent in Sedona, AZ
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  • Office: (800) 975-5943
  • Mobile: (928) 301-0669

Dear All: Since we are in such hard economic times - I thought I would send this Market Focus along to you . This information was provided to me by a wonderful local lender - who is one smart cookie- Linda Rogers of First Metropolitan - 928-203-0695. I thought it would be helpful for you to see some stats about our economy. As far as the local Sedona AZ market is concerned - it continues and will continue for some time to be a great time to buy. If you are thinking of buying - let's work together to get you the best deal. I pride myself on my negotiating skills and will work diligently on your behalf. If you are a seller who needs to sell - the pricing is key to the whole transaction. There are buyer's out there - but it needs to be priced below... yes, below the market to sell. It's not going to get better anytime in the next 12 months so if you need to sell.. price it to sell. If you can hang on till 2010 - then take it off the market. If you are a seller who is facing financial ruin - please call me. I have worked with clients with short sales and foreclosures. If you would like to stay in your home - and can't make the payments - believe me - the bank will work it out with you - the last thing that they want is your home. They have plenty! Every time a bank forecloses on a property - it costs them an additional $50,000 - $75,000. You will need to show hardship - but they will work the deal. As always, I am at your service whenever you need me - please call or email me at barbara@barbarabaker.com or 928-301-0669.

Best regards,

Barbara Baker - REMAX Sedona

Monday, September 29, 2008 - 2:30 pm MST

Personal income increased 0.5% in August while consumer spending remained unchanged. Over the past year, both have increased a moderate 4.6%. Nevertheless, spending has slowed significantly, enough so that there is a potential it will decline this quarter for the first time since Q4 1991. A closely watched inflation gauge contained in this data series, the core PCE price deflator, increased 0.2% on the month and was up 2.6% on the year, somewhat elevated but moderate enough to keep inflation fears at bay.

Stocks came crashing down Monday, when the House defeated the $700 billion bailout bill, given the acronym TARP which stood for Troubled Asset Relief Program. It would be rousing if the House voted down the bill on issues like disclosure, transparency or pricing of the remaining mortgage-backed securities in question, but it was seemingly voter pressure not to rescue the banking giants that in their minds were responsible for the credit crisis anyway. It remains unclear what the next step will be. The Dow dropped 777.68 to close at 10365.45. the NASDAQ fell 199.61 to 1983.73.

MARKETS

CLOSING

CHANGE

DJIA

10365.45

-777.68

S&P500

1106.42

-106.59

RUSSELL 2000

657.72

-47.07

NASDAQ

1983.73

-199.61

SECTORS - GAINERS & LOSERS

n/a

n/a

Steel

-16.84%

Treasury prices soared Monday on speculation that the credit crisis and economy would worsen significantly from here upon the Houses failure to pass the bank-rescue plan. The flight to safety bid was robust as money flowed out of the stock market today. In late trading the 10-year note was up 1-30/32 to 103-6/32 to yield 3.61%.

SECURITY

YIELD

CHANGE

2-Year Note

1.70

-0.40

5-Year Note

2.72

-0.33

10-Year Note

3.61

-0.24

30-Year Treasury Bond

4.15

-0.22

As the growth outlook diminishes, rate cut expectations have increased. Rejection of the bank bailout bill today increases uncertainty about the resumption of credit flows, which will also weigh on growth prospects going forward. Fed funds futures traders were pricing in a 100% probability the Fed will cut by 25 basis points when they meet at the end of October, up from 50/50 odds just one week ago.

For the week ending 9/25/08

RATE

LATEST

CHANGE

FEES

30-Yr Fixed (FHLMC)

6.09

0.31

0.7

15-Yr Fixed (FHLMC)

5.77

0.42

0.6

1-Yr Adj (FHLMC)

5.16

0.13

0.5

3-Mo Libor (FNMA)

3.88

0.12

n/a

RATE

LATEST

CHANGE

Fed Funds

2.00

0.00

Prime Rate

5.00

0.00

Fed Discount

2.25

0.00

11th District COF

2.698

0.00

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See 15 Sedona properties on the RE/MAX SEDONA OPEN HOUSE TOUR, September 27, 2008

09-27-08
Beth Larsen, Sedona Arizona
Beth Larsen, Sedona Arizona: Real Estate Agent in Sedona, AZ
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  • Office: (928) 282-4166 x252
  • Mobile: (928) 284-2501

Wondering what your dollar will buy you in a Sedona home these days? Here's your chance to tour 15 beautiful Sedona properties on RE/MAX Sedona's Open House Tour. Pick up a Sedona Open House Tour sheet at our office at 1225 W Hwy 89A Suite 102 or see our full-page ad in the Red Rock News. If you can't make it this month, mark your calendar for the next tour, Saturday October 25th. It's always the last Saturday of every month.

For more information call Beth at 928-284-2501 or Toll Free 800-282-4166 or

CLICK HERE TO DOWNLOAD A FREE TOUR SHEET AND DIRECTIONS.

When/Where: Sedona Arizona - homes are open Saturday September 27th, 2008 from 1:00pm to 4:00pm

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Sedona's don't-miss event: Sedona Jazz on the Rocks 2008 September 23-28

09-23-08
Beth Larsen, Sedona Arizona
Beth Larsen, Sedona Arizona: Real Estate Agent in Sedona, AZ
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  • Office: (928) 282-4166 x252
  • Mobile: (928) 284-2501

Fall is a fabulous season in Sedona, and not just for the weather but for the wonderful variety of events planned. Sedona Jazz on the Rocks is undoubtedly the best-known event. SJOR was established in 1981 out of a desire to nurture and support jazz as a living art form (and because the only thing more wonderful than being outdoors in Sedona at this time of year is doing it with a great LIVE soundrack)!

Fall Colors in Uptown Sedona-Snoopy Rock, Sedona, Arizona

Every year since its inception, the Jazz Fest has grown from the core one day event to a series of diverse but related offerings, including concerts, jam sessions, art walks, dinner/shows, educational sessions and more, and now runs for several days.

It starts today and runs through Sunday, September 28, 2008.

Read more about Sedona Jazz on the Rocks here.

Buy Tickets for Sedona Jazz on the Rocks online here.

If you just can't make it this year, mark your calendar for next year's Jazz Fest: September 22-27, 2009.

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