I Sell Arizona!® Mike Dennis Realty

Has The Dust Settled Yet?

Mike Dennis — Fri, 04 Jan 2008 19:31:00 GMT

Probably not. In the last two years, values in Sierra Vista have deflated about 15%. There is still a gradual (about a half-percent per month) decline in values

As bad as that sounds, it is better than in many, if not most, communities in the Unitd States.

Practically every separate real estate market in the nation is in the process of "deflating."

Dropping home prices are painful for Sellers, while appealing to Buyers. More Buyers are now able to qualify for homes, as the prices drop into their price range.

The fact is this: sooner or later, equilibium will be reached. Sellers and Byers will agree that Home pricing is "right." Then, and only then, will the real estate market will start "humming" again.

Sierra Vista Real Estate Market

Mike Dennis — Wed, 08 Aug 2007 05:33:00 GMT

Hey.

I guess you've seen the opinions in the Herald regarding the market in Sierra Vista.

Now is your chance to add your thoughts. Please reply to this post and let us know what you think.

Which way are we going? Up? Down? Sideways?

What factors do you think will help or hurt us.

Come on... I value your opinion.

Mike Dennis

2 Story For Sale in Tombstone

Mike Dennis — Mon, 16 Jul 2007 06:00:00 GMT

Historic (1946) home. Bed & Breakfast?

• 1,678 sq. ft., 2 bath, 4 bdrm 2 story - MLS® #124572 $144,900 - Great price for Tombstone

Tombstone, Cochise County - 1946 era architecture in a town with 1880's history? Sure... people have always loved to live in Tombstone, so one of them built this two-story home. Sixty years later, this structure could use some TLC, but, according to inspectors, is structurally sound.

Excellent for a retired couple to occupy the 2 bedroom unit on top floor, and rent out out the two bedrooms below on a daily rental basis for the tourist crowd. Only two blocks from historic Allen Street!

Property information