The September sales statistics are out and they point to some interesting trends.  Of no surprise is that overall, sales are down.  Total sales of all types are down 24% from this period a year ago, with 830 total sales thru September ‘08 vs. 1,089 for the same period last year.  Interestingly enough.  Single family home sales are down only 13% YTD from the same period last year, and the sales of SF homes are actually up for August (+26%) and September (+7%).  I think this can be attributed to the bargains found in the foreclosure sector which account for over 60% of all SF homes sales lately. However, the relatively strong sales of single family homes has taken it's toll on both the Condo market and Manufactured home market.  Condo sales are down a dismal 49% for the year so far compar... 10/18/2008

Fall is here and things are hopping now that the weather is cooling off.  This past weekend featured 2 concert events in Laughlin, the 4 Tops played on Friday night and the band Journey with their new lead singer were in concert Saturday night.  More events are on the calendar including the following: "21st Annual Chef's Food Fest"Oct 16: Aquarius Casino Resort Pavilion- annual showcase of talent of casino and local restaurants chefs; lavish food displays and sampling; event is fund raiser for Colorado River charities and is one of most popular events on the calendar; Thurs (5:30 p.m.), $60 per person; also tables of 10 for $600 available; tickets go on sale Thurs, Sept 4; must be at least 21 to attend; for tickets or more information, call the Laughlin Chamber of Commerce at 702-298-22... 10/10/2008

10/05/2008

Just when things were starting to look up, the events over the past two weeks involving the banks, lenders and other financial institutions have conspired to put a heavy brake on our local real estate market. Again. During the summer, the failure of a number of lenders, the collapse of Freddie Mac and Fannie Mae and other similar events produced a saw tooth looking sales market.  Up and promising one week, down and depressing the next.  As those events waned, the end of summer sales were surprisingly brisk, and it looked like for the first time since hurricane Katrina that our real estate sales would not take the sharp September drop seen each year.  But no, this was not to last.  Yet another catastrophic failure of the financial markets, which to me are a result of 8 years of poor lead... 09/24/2008

This week before the Labor Day weekend has proved to be more than a little strange for our local real estate market.  Even in our "soft" market we see an average of 6 to 8 pended listings per day during the week, with Monday being the big spike after the weekend.  That was not true this week.  When a normal Monday produces 8 to 10 sales, this Monday saw a grand total of...................ONE pended listing!!!  Tuesday proved to be not much better with only 2 pending sales.  Even more intriguing was Wednesday with a fairly normal 8 sales, but, of the six site built homes entered into escrow, ALL were foreclosure homes sales!! Thursday and Friday ended up being similar to Monday and Tuesday with a total of 7 sales for the 2 day period.  Now, what really makes this odd is, we have been REA... 08/29/2008

I thought you might find the market statistics for our area interesting.  The data compares YTD sales and listing information for 2007/2008: Residential Sales:  2007                                        2008                    %Change Listings Sold:          771                                          536                      -26.4% Volume (sale price)$168,407,107                     $100,116,253                -40.55% Avg days on market 138                                         170                      +23.19% Vacant Land Listings Sold               271                                      116                       -57.20% Volume                  $31,111,005                        $10,409,420                -66.54% Avg days on Market 200                                          19... 07/20/2008

The monsoons arrived in Mohave County this week bringing with them high humidity, thunderstorms, strong damaging winds and even some much needed rain.  In Desert Foothills along the Bullhead Parkway where I live, the winds knocked down many trees, damaged many more and even tore concrete roof tiles from a couple of homes.  Wind gusts of 39 miles an hour were recorded by a local resident with a weather station connected to the Internet. So far rains have not been too intense and only very localized flooding has been seen.   However, more storms are expected over the next few days and these can bring intense downpours which can cause more widespread flooding.  It's important to heed the advice of experts and fire officials and use extreme caution when entering a flooded roadway and never ... 07/13/2008

Normally during this time of year as the weather here in Bullhead City heats up, so does our real estate market.  This year seems this is not the case as our real estate market continues to remain sluggish with sales of homes centered around foreclosures.  The continued rise in the price of gasoline is sure to be contributing our slow market, as prices have come down so far that homes are once again very affordable.  The price of gas is keeping one of our major source of buyers at home, namely the boaters and river recreation enthusiasts. Some market reports suggest we are nearing the bottom of the market and that now may be the best time to buy a home here, before prices and interest rates rise again.  Investors may be the key to determining if this is the case, as they will be more in... 06/14/2008

Those of you in the Mohave Valley area who have Frontier communications (Frontiernet.net) as your email provider need to be aware of some recent issues with Frontiers email service.  First, if you were not aware of this, you are being required to change your account settings for your outgoing email.  Frontier sent a vague email "explaining" this, but it was so poorly written many I know, including myself, had no idea if it pertained to us, what accounts it affected and what to do about it. When Frontier switched to the new requirements this past Friday most computers would provide an error message stating that the mail could not be sent.  But not all computers displayed this message!!!  My office laptop did display this message, but my home PC did not!!  I have no idea where my sent ema... 05/24/2008

After almost a year of anticipation, delays, excitment and hard work by our dedicated associates we have moved to our new office on the Bullhead Parkway.  Located at 2440 Adobe Rd, Suite 106, our office has the brand new smell and is more than twice the size of our old office.  We already have had 5 new agents join our team as a result of our new office.  Best yet, we have tons of parking and a Mexican restaurant is opening soon in the same building.  There goes my waistline! We are experiencing new office problems.  Our wireless internet crashed after 4 days and 2 new routers, 8 hours of configuration attempts, testing, testing and more testing we still do not have internet.  Can't figure out what the problem is!  Note: It turns out the problem was with our service provide and has been... 05/18/2008

If you  have been wanting to buy property here in Bullhead City, now is the best time to do it, if you have any questions, just call me or email me, I will respond quickly. 29 years in real estate, at your service. My cell is 818-919-2607, Office : 928-704-2568   We have many gorgeous foreclosures, and short pay properties. Riverfront homes,Waterfront condos, mobile homes and many Golfing communitiess.   Hope to hear from you soon, so we can discuss, how I can help you.   Email: rhinestonelady@frontiernet.net 01/16/2008

While the sale of new and existing homes in the Bullhead City/Mohave Valley area remains slower than the boom times, Commercial Development is increasing, with a major Shopping Center currently under contruction. The new Target center located at the corner of Highway 95 and the Bullhead Parkway nears completion and is set to open on March 1st. Target Stores will open their first store in this area which will anchor the new center. National retailer Kohls will have a store in the center, their first store in this area as well. Several other stores are planned as well.The growth can also be seen with several new smaller retail/office complexes under construction including two across Highway 95 from the new Target Center. The Bullhead Parkway gets it's first retail/office complex soon as f... 12/28/2007

    Free advertisment at, http://www.realityrealestate.wetpaint.com  http://www.secretstotheirsuccess.com/t/924063/free     RJ 09/03/2007

Last week, I mentioned in my post that the real estate market here in the Bullhead City area had slowed like much of the rest of the nation.This past week has seen real estate sales slow to a crawl.  Normally, even in this slow sales period, there are between 8 and 14 daily sales of real property in the Mohave Valley/Bullhead City area.  This past week sales are off about 80% from what is now our norm!  Sales of all types of real estate for the past 5 days are as follows:6-23-07  2 sales6-24-07  1 sale6-25-07  5 sales6-26-07  1 sale6-27-07  2 sales5 days total sales was 11.Is this happening in other areas?  I hope not for the rest of you.  I also hope this is a very short lived sales slump. I'll keep you posted next week. 06/28/2007

Bullhead City continues to follow the national trend in real estate with sluggish sales and declining prices.  Yet, developers see a reason to continue to start new projects in Bullhead, Fort Mohave and Mohave Valley.  However, there is a significant change of focus in todays development with residential new home building slowing and new commercial projects coming to the fore.  Possibly the biggest new development is the new Target Store and supporting retail center south of the southern connector of the Bullhead Parkway and Highway 95.  Long in the planning stages, this featured commercial center has broken ground with grading and pad development completed and construction of the Target store and the first phase of the adjoining retail center about to begin.The first major new commerci... 06/22/2007

Ah, so this is how you welcome newbies.  You give us the Meme bug.  Ouch, it burns (just kidding), I'm still not sure what this is all about but I'm game!!!!!!!!!!!!!!! I'm supposed to tell you 5 things you don't know about me: 1)  I've jumped out of helicopters (and lived to tell you about it) 2)  I surfed the Pacific coast from Cabo San Lucas to Santa Cruz for over 30 years. 3)  My wife and I raced sports cars in amature racing series for over 16 years 4)  I've free hand rock climbed, mostly at Joshua Tree. 5)  I've been self employed for over 25 years and real estate is my second career. I have to thank Cari Pilon for "inviting" me to this show. My three nominees are all in for a shock! Heather Rickets  Tennille Whitlock  Betty Moir  Welcome to the jungle girls!!!!!!!!!!  06/07/2007

The following Home Buyer's Checklist Q & A is prepared by the Arizona Association of Realtors and designed to answer some common questions you may have while looking for your home. 1. What are the buyers responsibilities in the transaction?- Investigate and inspect the property.- Reasonably consider the age and overall condition of the home.- Take an active role, ask questions.- Exercise reasonable care to protect yourself.- Verify verbal statements.  Get them in writing!- Review the Sellers Property Disclosure Statement (SPDS), paying particular attention  to the date prepared and to questions answered "unknown" or left unanswered.- Hire a professional home inspector and attend the inspection.- Be aware of all contractual obligations.2. What is the role of the buyers Realtor? - Find p... 12/13/2006