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...
Low inventory partnered with low-interest rates makes this a very interesting time in the Havasu real estate market. Buyers want to take advantage of the historically low sub-4% rates. But low inventory levels help keep prices up ($279,500 median sale price for February 2020). When it comes to Ha...
We appear to be on track for a fantastic first quarter in the Lake Havasu real estate market. According to the Lake Havasu Market Report for February 2020, sales were down slightly from last year but prices went up. Continued low inventory levels help push prices higher. Exactly how did the marke...
Conventional. FHA. Fifteen-year. Thirty-year. Fixed-rate. Adjustable-rate. Who knew Havasu home buyers had so many options when it came to financing a mortgage? No matter which one you choose, unless you put down 20% or more, you end up paying PMI (private mortgage insurance). And can add a coupl...
New year, new market? The Lake Havasu Market Report for January 2020 showed that sales definitely saw a huge uptick from the previous January. Sale prices hit their highest point ever. And inventory remains low but stayed pretty even from the close of last year. Read on to see how the market perf...
In the early 2000's, banks seemed to lend money to just about anyone who wanted to buy a home...regardless of their credit history. After the real estate bubble burst, though, lenders tightened up their purse strings considerably. It seemed that they would only lend money to those with excellent ...
I hope everyone enjoyed themselves with their loved ones over the past few weeks. Now that the holidays are over, we can get on about our regular business. 2019 came in with a whimper and went out with a bang as far as the real estate market is concerned. According to the Lake Havasu Market Repor...
With less than a week left in 2019, it's time to get out the crystal ball and take a look into the future of the real estate market for next year. Keep in mind that the "experts" get things wrong, too. Nothing's set in stone. With the political climate at a hot point and a presidential election s...
This time next week, we throw away all the gift wrapping from our opened Christmas presents and gear up for the new year celebration taking place the following week. Can you believe it's almost 2020 already? Time seems to fly by faster and faster every single year. Before you know it, it'll be ti...
I hope everyone had an awesome Thanksgiving with their loved ones. We're rounding out the end of the year here. In two weeks, we celebrate Christmas. Then, we welcome in a brand new year. 2020...can you believe it?! Do yourself a favor. Take in the Festival of Lights in the English Village this m...
The economy in Lake Havasu City depends on tourism and construction for the most part. A couple of decades ago, tourists came out only on the weekends (Friday through Sunday). However, in the last few years, those weekends seem to extend into the weekdays. It's not unusual to see our population e...
Face it. Technology evolves almost daily. Just 10 years ago, flip phones ruled the roost. Today, everyone has a smartphone filled with tons of apps to make everyday life that much easier. Who knows what tomorrow brings! We also want this smart technology inside our Lake Havasu homes. In fact, buy...
The next few weeks are chockablock full of fun festivities. We pull out all the stops for the end-of-year celebrations. For now, though, let's concentrate on the Havasu holiday events taking place over just the last part of November 2019.Havasu Holiday Events - November 2019Turkey TrotWhere: Gran...
Who's getting ready for Thanksgiving? It's only two weeks away. Then, less than a month after that...Christmas! It seems as if the years go faster and faster the older I get. The stats for the Lake Havasu Market Report for October 2019 are in. For the second month in a row, prices and sales both ...
"We Buy Houses for Cash". "We Buy Houses $$Fast Cash$$". "Sell Your House Fast". You've probably seen a variation or two of these signs posted somewhere in town. They promise to pay off your house quickly. But are these a sweet deal or should you say "no thanks"?We Buy Houses for Cash: Sweet Deal...
For several months now, mortgage rates have remained under 4%. If you purchased your Lake Havasu home last year, you may have paid close to 5%. Your home also may have shot up in value, giving you more equity. With interest rates staying low, you might want to consider refinancing your mortgage. ...
My, how time flies. Can you believe it's already October? All of the best holidays come in the last quarter of the year. The first biggie, of course, is Halloween. But why wait until the 31st to celebrate? Havasu Halloween 2019 offers several fun events going on between now and then. Which ones d...
It's already October. Can you believe it? As we enter the last quarter of the year, we also begin the slowest part of the year for the local real estate market. September 2019's Lake Havasu Market Report showed year-over-year sales, prices and inventory all saw gains. It's still a seller's market...
Some homeowners want to cash in on their equity created by rising Lake Havasu sale prices. Therefore, they decide to put their property on the market. However, some updates may be required in order to be competitive with other houses on the market. One of the most popular rooms to update is the k...
Yes, You Can Afford to Buy a Lake Havasu Home Right Now!
(Coldwell Banker Residential Brokerage)
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Tired of renting? Concerned that owning a Lake Havasu home might be out of the question right now? Stop. Homeownership may be easier than you think. In fact, you might qualify for a home right now and not even know it. Read through the checklist below to see if you should go out and look for your...
In 1975, "Jaws" made everyone rethink swimming in the ocean. But we live by a lake. We're safe, right? Not according to "Pirahna 3D" (Havasu trivia: that movie shot right here in Lake Havasu City back in 2010). This summer, experience "Jaws 2" on the big screen...in the water...at Jaws Invasion L...
