In the real estate industry, you play a lot of "hurry up and wait". You rush around trying to find the right property. When you do find "the one", you rush to put in an offer. Once the offer is accepted, you enter escrow. Then, you wait. I've provided a sort of Havasu home closing timeline below
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08/19/2020
Home sales figures and the median sale price hit their highest point of the year, according to the Lake Havasu Market Report for July 2020. Unfortunately, our inventory continues its deep dive. Until we see more listings hit the market, prices will continue to rise. That's great news for sellers
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08/06/2020
Even with COVID-19 affecting how we go about our daily lives, the Lake Havasu real estate market trudges on. Just last month, Havasu home sales saw an increase of more than 50% from May as the governor began to open up more Arizona businesses. If you're in the market for a new property, avoid the
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07/22/2020
In late May, Governor Ducey began reopening the state back up. Our June 2020 Lake Havasu Market Report numbers show it, too. After four months of lower year-over-year numbers, last month's home sales finally showed a marked increase over last year's. How did the rest of the market perform? Read o
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07/09/2020
COVID-19 concerns created record numbers of unemployment claims. Millions of people lost their jobs or found themselves with severely decreased hours each week. This impacted their finances, making it difficult to keep up with their mortgage payments. Banks found a serious increase in requests fo
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06/17/2020
So far, 2020 has proven a bit difficult for most Americans. Even though home sales started off really well in January, COVID-19 concerns shuttered several businesses. This left many local residents jobless. Buying a Havasu home amid a nationwide shutdown wasn't necessarily at the top of many peo
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06/04/2020
Money probably hits at or near the top of your list when you think about buying a new home. But there's so much more to purchasing a property than that. Square footage. Amount of bedrooms/bathrooms. Garage size. Swimming pool. Neighborhood. Inventory may be low right now on the local real estate
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05/20/2020
We're starting to see a little light at the end of the Coronavirus tunnel right now. The governors of many states across the country, including Arizona, started laying out their plans to open up businesses and get people back to work in phases. They hope their tiered plan of opening up keeps COVI
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05/06/2020
Even during a pandemic, people still need homes. Just last month, 208 properties were sold in Lake Havasu City alone. But with social distancing orders in place here in Lake Havasu, REALTORS® no longer conduct open houses or offer in-house tours. Therefore, virtual tours and on-line photographs b
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04/15/2020
We are living in some unprecedented times right now. Who would have thought major cities like New York, San Francisco, Los Angeles, and Seattle would virtually shut down? With a global pandemic like COVID-19, businesses, organizations, and individuals must navigate a "new normal". The mayor asked
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04/01/2020