Most of us know the reason it is so hard to put down roots in Flagstaff. If you could wave a magic wand and live anywhere, where would that be? For me, that answer took the trip off the tongue every time to Flagstaff. My first time in Arizona was for the 1995 Big Sky … Read more
WILLIAMS, Ariz. — When coronavirus arrived in the U.S. in early 2020, it threw the housing market a curveball. Many people thought the housing market would crash, but after a slight slump in March, realtors in Williams and other parts of the country reported a strong demand for homes — so strong that realtors were … Read more
Cushman & Wakefield announced the firm has brokered the sale of Village at Aspen Place, a 222-unit Class A, mixed-use luxury multifamily community located within a premier lifestyle center in Flagstaff, Arizona. An entity formed by Orange County, California-based NNC Apartment Ventures, LLC acquired the Village at Aspen Place community for $64.5 million. The seller was … Read more
Photo via Flagstaff City Government By Ben Geier | Smart Asset While the coronavirus pandemic has impacted millions of Americans with businesses shuttering and companies laying off employees, the secondary home market is seeing an unexpected surge. Remote workers are temporarily relocating from larger cities to less dense, more comfortable spaces. The real estate brokerage firm … Read more
BRADY WHEELER Sun Staff Reporter As housing officials move toward a 10-year housing plan, members of the Flagstaff City Council once again discussed the possibility of placing an affordable housing bond on the ballot. Housing officials are hoping to have the housing plan completed for city council discussion in September, outlining affordable housing goals and … Read more
By Amber Welsch Everyone is well aware of the explosion of short-term (vacation) rentals over the last five years, and our cozy mountain town of Flagstaff has been no exception. Despite local controversy over allowing and regulating short-term rentals, Flagstaff Airbnb, VRBO and HomeAway properties have continued to expand. In fact, owners have seen consistent … Read more
by FBN on January 8, 2021 in Columnists Flagstaff’s real estate future is forecast to be as vibrant as 2020, if not more so, in 2021 and 2022. According to Dr. Lawrence Yun, chief economist and senior vice president of research with the National Association of Realtors, of the Top 10 prospective markets in post-COVID 2021 and 2022, Phoenix tops … Read more
by FBN on January 7, 2021 in Business Staying strong since last June, the housing market on the local, state and national level has risen to a 14-year high, despite the pandemic, economic uncertainty and a difficult presidential election. Even during historically slow periods, like the holiday season, homebuyers are quickly purchasing the few homes listed for sale. The shortage … Read more
Adrian Skabelund Flagstaff City Council gave final approval on several new and stricter regulations on large student-focused housing developments within Flagstaff, but not before carving out an exemption for affordable housing. The exemptions would mean large developments that normally would be designated as high-occupancy housing and thus go through a higher-than-normal review process could be built with … Read more
We’ve all heard the saying, “No news is good news,” right? Well, not necessarily in the real estate process. While not hearing anything could be deemed as everything is moving along smoothly, it could also mean there are critical dates and deadlines being missed. There should be one person at the helm of the entire … Read more