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January 9, 2009


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  CONDITIONS™
By Local Real Estate Experts  


Market Conditions for Cottonwood, Arizona

Reported by Barbara Baker, Realtor, e-pro, ASP

Updated January 2, 2009.

Current Market Rating: 1



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Buyer's

Seller's

Current Price Trend: 2




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Falling

Rising

More good news for Lenders! There has been recent news that I feel is very crucial for you to hear. The U.S. Treasury Department is putting together a plan to possibly reduce 30 year fixed rates to 4.5%, one of the lowest rates in history!

If you have been on the fence about buying a home, now is the time to act. Interest rates are extremely low and home prices in some areas are at 2003-2004 levels. Add to that recent declines in energy prices and lower consumer interest rates, and you have a great holiday recipe for success, but only if you give me a call.

Don't wait until next week. Rates have already been very volatile and this opportunity might not survive the holidays. In the Cottonwood Real Estate markets, falling prices are bringing out buyers that have been waiting to buy and they are scooping up both bargains and hot properties..

Call me today and let's go buy your first home, your vacation home, or your dream home! barbara@barbarabaker.com 800-975-5943

ZIP Codes: 86325, 86326

Approximate Location Boundaries: City of Cottonwood - 30 Minutes due west of Sedona

Location Characteristics: Cottonwood Arizona was originally formed in 1874 as soldiers from Camp Verde were stationed there. Settlers began moving in, developing a community that took it's name from a circle of 16 cottonwood trees near the Verde River. It still retains it's "Old Town Main Street" complete with the original county jail! Recent upgrades to Main Street include fabulous restaurants, outdoor music concerts, and tucked away shopping. It's scenery can switch from green grass with willows to high desert. It is the seat of the trading center for the entire Verde Valley, with a wide range of retail establishments, professional services and manufacturing concerns. It is home to the Verde Valley Medical Center, and is the center of the Valley's medical community. It sits at the base of the Beautiful Mingus Mountains. It boast approximately 10,000 people. Statistically, Cottonwood is the place where much of the continuing growth of the Verde Valley will be found. It is a sweet, wonderful community!

For More Information:

View Market Conditions of other areas served by Barbara Baker

Navigate: Top > Arizona > Cottonwood

About Barbara Baker:
Barbara Baker is a Premier Residential and Investment Specialist for Sedona and the Verde Valley. Using her vast knowledge of current market conditions, she individualizes each marketing plan to tailor fit her Clients to meet their personal and financial goals. First Time Buyers and Sellers become Repeat Customers and Friends. Before becoming an award winning producer for REMAX Sedona, Barbara was involved in the New York Television and Theatre Scene. Most notably she had a recurring role on "All My Children" for 9 years. She welcomes referrals and new clients.


These reports reflect the views and opinions of their authors and are not necessarily the views and opinions of Realty Times.




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Mortgage Rates
30 Year Fixed: 5.01%
15 Year Fixed: 4.62%
1 Year Adj: 4.95%
(U.S. Weekly Averages)

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