How Recent Shifts Impacted the Local Real Estate Market
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…
Williams for sale: High interest, low inventory for properties in the pines
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…
Cushman and Wakefield Brokers $64.5M Sale of Luxury Multifamily Community in Arizona
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…
Flagstaff among top secondary home markets in U.S
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 Redfin…
Flagstaff City Council circles back to affordable housing discussions
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…
Short-Term Rental Properties Remain in Demand
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…
