Gregg & Debbie Munson's (lifeisgreat) Blog

My featured lender has provided a 20 year mortgage interest rate chart which is quite enlightening. I hope you find it to be of value.  It definitely shows that interest's rates are more than excellent. For anyone contemplating a Flagstaff home, the current low interest rates we have should be mo...

have noted that lenders are much more willing to work Short Sales versus facing an AZ Foreclosures on selling.  It appears that many lenders are expediting the process and attempting to follow HAFA guidelines. What are you seeing out there?

Hi All: The USA Today newspaper did a nice article on Flagstaff and Flagstaff Homes.  If interested, you can access this article by visiting my website, www.GreggMunson.com, and clicking on "Gregg's Flagstaff Real Estate Blog".  I hope you enjoy the article.  Thanks for reading.

Hi All: Noted below is a study provided by our local builders and authorities. This analysis seems to indicated that the market bottom has been reached in new constrtuction.  I hope you find this analysis to be of value.  Please don't heistate to contact me with questions. FLAGSTAFF CITY AND SURR...

Hi All: It's been awhile since I have done a market update so here's the latest.  Generally speaking, the first few months of the year don't tell much so it's probably best that I do a quarterly report at least in the early months.  Well, as you can see, so far this year it looks like were down f...

I heard through the grape vine that the second home market, not only in Flagstaff, but nationally, should be gathering steam for 2010. The reason for this prognostication is based on the fact that historically, the second home market picks up when ever yacht and fine art sales increase. And yacht...

Our local Flagstaff Real Estate market, again, remains pretty much the same; i.e. relatively boring.  For November, the average home price is up for the third month in a row and the median price is up for November.   Many would comment that our market has held up well compared to  other areas of ...

By now I'm sure most of us know that the tax credit has been extended.  Will this help Flagstaff Real Estatej-which isn't really suffering that much? In my opinion, the credit should be increased and opened up to everyone.  What do you think?    

Our local Flagstaff Real Estate market remains pretty much the same; i.e. relatively boring. For Septermbert, the average price of homes is down a fraction from August and the median price is unchanged.  Again, as it relates to single family housing in the city of Flagstaff, it's time to buy. Let...

Another good week for the housing market. The S&P/Case Shiller home price index was up for the third month in a row and the rate of annual decline fell for the sixth month in a row! Price increases were reported in 18 of 20 metro areas measured. Many now feel this data indicates the worst of the ...