Market Snapshot - July 2, 2009 - from Flagstaff AZ

Home loan rates are down this past week, according to Freddie Mac. CNBC told me during lunch that Treasury auctions next week are big, so I don't think the rate dip will last. Meanwhile, I listed a new great country property, just in time for the 4th of July weekend: All American "Rodeo" Home. It's one of twenty-six listings that came on the market in anticipation of a busy holiday weekend in Flagstaff, AZ:

24-Hour Market Watch

New Listings	26
Back on Market	3
Price Increases	1
Price Reductions	25
Contingents	5
Pendings	3
Solds	12
Expireds	16
Inactives	11

Information in the chart is complied by and based upon multiple-listing-service data from the Northern Arizona Association of Realtors® and is deemed reliable for sales reported to the association, but is not guaranteed and does not include all sales in the market area. This information covers all areas of Northern Arizona including Flagstaff, Parks, Williams, Winslow, Ashfork, Munds Park, Sedona and others.

May home sales in Flagstaff: Statistics and analysis here. Look for June results early next week -- but volume of sale is up from May according to my early preview.

If you know anyone who wants to buy or sell Flagstaff real estate, send them to our website to get started: BestFlagstaffHomes.com -- from there they can search all listings in Flagstaff -- or have them give Team Heitland at RE/MAX Peak Properties a call at 928-714-0001. For more information on Flagstaff houses, give us a call.