Market Snapshot -- Wednesday, October 28, 2009 -- from Flagstaff AZ

Tax credit extension and expansion to repeat buyers advances in the Senate! But first-time-homebuyer credit could be reduced for Flagstaff homebuyers. Read more about status of tax credit legislation here.

Meanwhile, here's what happened today in Northern Arizona real estate:

24-Hour Market Watch

New Listings	20
Back on Market	1
Price Increases	0
Price Reductions	16
Contingents	2
Pendings	0
Solds	11
Expireds	6
Inactives	5

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.

Flagstaff home sales report for September, click here. Look for the October report next week!

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

Each office of RE/MAX is independently owned and operated. Each agent is an independent business.