Lake Havasu City, AZ Real Estate News

By Liz Miller, Just Call Liz
(Coldwell Banker Residential Brokerage)
New year, new home. If becoming a Havasu homeowner in 2019 lands at the top of your new year's resolutions list, there are a few things you'll need to do first. Like exercising your way to a healthier lifestyle, these need to become regular habits right away in order to accomplish your goal.How to Become a Havasu Homeowner in the New YearCredit Report CheckUnless you plan on paying cash for your entire home purchase, you'll probably need a loan. In order to qualify for a loan, you'll need a decent credit score. Erroneous information on your credit report unnecessarily reduces your score. Therefore, you need to pull your credit report to check it. This should be done right now because errors may take time to correct. Visit AnnualCreditReport.com to request copies of your credit report fr...
Comments 0
By Liz Miller, Just Call Liz
(Coldwell Banker Residential Brokerage)
Everyone enjoys the holidays, especially here in the desert. We have so many ways to celebrate Christmas in Lake Havasu City. In fact, several of these events continue on through this weekend. Some of us aren't ready to let go of the holidays just yet. But the first huge event for the new year takes place next week: the 2019 Havasu Balloon Festival. And anyone who's ever been to one of these festivals before knows why it's been named one of the Top 100 Events in North America.What: 2019 Havasu Balloon FestivalWhere: LHC State Park, Windsor 4When: January 10th to 13thAdmission: $15-$65Contact: Havasu Balloon Festival Store (928) 505-2440, Marquita McKnight, Event Coordinator (928) 486-7979 or via email2019 Havasu Balloon FestivalThe Lake Havasu lifestyle means enjoying sunny skies even i...
Comments 0
By Liz Miller, Just Call Liz
(Coldwell Banker Residential Brokerage)
People sell their homes for many reasons. A career change. An expanding family. Empty-nesters needing to downsize. Perhaps the home was inherited. A Havasu home sale can have a significant effect on your taxes. Depending on your situation, you may end up paying a tremendous amount of taxes the next time you file.Havasu Home Sale and Your TaxesCapital Gains TaxWhen you sell your Havasu home, the profits you receive are subject to capital gains tax. With Havasu home values increasing more and more over the past several months, paying capital gains tax becomes a reality for many sellers. However, as of the writing of this post, the IRS allows you to keep a certain amount of the profits before you pay capital gains tax. For single filers, taxes must be paid on anything over $250,000 earned....
Comments 3
By Liz Miller, Just Call Liz
(Coldwell Banker Residential Brokerage)
Can you believe that we celebrate Christmas in less than a week? And we bid adieu to 2018 the following week? Where has the time gone? As the calendar year comes to a close, we see sales begin to slow down. Even so, the November 2018 Lake Havasu Market Report indicated that prices haven't slowed down a bit. How did our local real estate market fare last month? Read on to find out.November 2018 Lake Havasu Market ReportLake Havasu Market Report - November 2018 SalesAccording to Flex MLS (the Lake Havasu Multiple Listing Service), a total of 175 Lake Havasu homes were sold in November 2018. That marked a 14.2% decline from last November's total sales (204). However, it remained pretty even with October's 174 total sales. This decrease in sales set the year-to-date totals 1.4% behind last ...
Comments 0
By Liz Miller, Just Call Liz
(Coldwell Banker Residential Brokerage)
Only 12 more shopping days 'til Christmas. Have you even begun ticking off the names on your gift list? Looking for something fun to do with the family? Need to fill yourself up with the holiday spirit? Take in one (or all) of these Lake Havasu Christmas Events going on right now!Lake Havasu Christmas Events 2018Ice Skating at London BridgeOne of the fun things to do in Lake Havasu during the winter is to ice skate. Ice skating in the desert? Yes. It can be done. From now through January 6th, the London Bridge Resort hosts their annual outdoor skating rink. Currently, the rink shuts down every Monday. Until December 22nd, the skating rink opens from 4 pm to 9 pm every Tuesday through Thursday. It stays open from 4 pm to 11 pm on Fridays and Saturdays. And it operates from 4 pm to 8 pm o...
Comments 0
By Liz Miller, Just Call Liz
(Coldwell Banker Residential Brokerage)
Everybody wants to personalize their home space to fit their individual needs and tastes. Even a newly constructed home could use a tweak here or there. When you've been in your Lake Havasu home for a while, you might be itching for a remodel. If you're thinking about selling it anytime soon, it might help to know what the most popular home renovation projects were in 2018. That way, your Havasu home appeals to today's buyers.Most Popular Home Renovation Projects in 2018Open Concept Living Space While not a new concept, the open floor plan concept was one of the most popular home renovation projects in 2018. Popular shows like "Fixer Upper" and "Property Brothers" helped spur this trend by showcasing what can be accomplished when you tear down some walls. By utilizing your Havasu home's...
Comments 2
By Liz Miller, Just Call Liz
(Coldwell Banker Residential Brokerage)
Buyers really want to own a piece of the Lake Havasu lifestyle. Whether it's your first home, fifth home, vacation oasis or rental property, Lake Havasu homes make for a great investment. The October 2018 Lake Havasu Market Report indicated that prices have begun to come down over the last couple of months. But buyer demand remains strong.October 2018 Lake Havasu Market ReportLake Havasu Market Report - October 2018 SalesAccording to the statistics provided by Flex MLS, a total of 174 Lake Havasu homes were sold in October 2018. That's 10.8% less the previous October. However, it marks a 21.7% increase from September's total sales. With two months left in the calendar year, the year-to-date totals tapered off slightly from the same time last year (0.4% less). Pending sales also declined...
Comments 1
By Liz Miller, Just Call Liz
(Coldwell Banker Residential Brokerage)
Out of all the activities the Lake Havasu lifestyle provides, the three most popular seem to be boating, offroading, and camping. Where do you go when you need to update your toys? To the Lake Havasu Sand Water and RV Expo 2018, of course! Everything you need for any of these fantastic pastimes can be found in one location this weekend.What: Lake Havasu Sand Water and RV Expo 2018 Where: Lake Havasu State Park, Windsor 4 When: November 17th, 9 am to 5 pm & November 18th, 9 am to 3 pm Admission: $5/adult, FREE/kids ages 6 & under Contact: Bob Brown, Event Co-ordinator, Lake Havasu Boat Show (951) 501-0210 or via emailLake Havasu Sand Water and RV Expo 2018 For two days only, dozens of vendors showcase their wares at the Lake Havasu Sand Water and RV Expo 2018. Can Am, Honda, Kawasaki, Ya...
Comments 0
By Liz Miller, Just Call Liz
(Coldwell Banker Residential Brokerage)
Searching for a Havasu home can be very exciting. More likely than not, you'll be looking at several homes when you go househunting before you find "the one". At first glance, everything appears top notch. The decor invites you in. Newly painted walls and freshly cleaned carpet makes you feel like this could be a great home to raise your family. However, upon closer inspection, you might find issues lurking just below the surface. When you go out on a Havasu home viewing, keep an eye out for these potential problems.What to Look for During a Havasu Home ViewingSigns of Neglect Keep your eyes open when you do your Havasu home viewing. Do you see rust on the air conditioner unit or the water heater? Does the home look unkempt/messy? Are the roofing shingles broken or appear to have moss g...
Comments 0
By Liz Miller, Just Call Liz
(Coldwell Banker Residential Brokerage)
Right now, most of the country starts storing away their summer clothes and begins pulling out their winter wear. But not here in Havasu! We still enjoy shorts and sandals weather well into the autumn months. What kinds of outdoor Lake Havasu events do we get to celebrate during Fall 2018? A London Bridge Days Parade and the Chillin' & Swillin' Beer Festival!Lake Havasu Events Fall 2018What: London Bridge Days Parade Where: Downtown Havasu (Main St, between Acoma & Capri) When: Saturday, October 27th, 10 am to 12:30 pm Admission: FREE Every October, Lake Havasu celebrates its roots with several events, including the London Bridge Days Parade. This year, the parade takes place on Saturday, October 27th. While the parade starts at 10 am, you'll want to come early to scout out the best van...
Comments 0
By Liz Miller, Just Call Liz
(Coldwell Banker Residential Brokerage)
Thinking about selling your Havasu home? Now's a great time to do so. The Havasu real estate market remains hot even as temperatures begin to cool off. Our secondary market continues to be a hot ticket for in-town and out-of-state buyers. Even so, some homes might be staying on the market longer than they need to. If you don't want that to be your house, consider implementing some of these home selling tasks into the marketing of your property. Otherwise, you might be asking yourself "why hasn't my home sold yet?".Home Selling Tasks You Might Not Think About Doing But ShouldMarket to the Millennials Add marketing to millennials to your list of home selling tasks. More than 1/3 of all buyers in today's real estate market are millennials, according to the National Association of REALTORS®...
Comments 3
By Liz Miller, Just Call Liz
(Coldwell Banker Residential Brokerage)
Buyer demand continues to hack away at inventory levels, forcing prices to stay high. Even though the September 2018 Lake Havasu Market Report noted lower sales than last year, year-over-year prices rose to near record levels. Everyone, it seems, seeks to own a piece of the Lake Havasu lifestyle. That lifestyle comes at a price, though.September 2018 Lake Havasu Market ReportLake Havasu Market Report - September 2018 Sales According to Flex MLS, a total of 143 Lake Havasu homes were sold in September 2018. That's a 25.5% drop from the same time last year. Even so, year-to-date sales figures continue to outrun last year's total at this time. Pending sales fell off slightly. Last September, Flex MLS reported 185 pending sales. This September that number declined 4.3% to 177.Lake Havasu Ma...
Comments 1
By Liz Miller, Just Call Liz
(Coldwell Banker Residential Brokerage)
🎵Oh, the weather outside is delightful. While the rest of the country looks frightful. If it's fun that you're looking to make. Hit the lake, hit the lake, hit the lake.🎵 With Blowsion World Finals in full effect on Lake Havasu this week, it's time to focus on the next great water-related celebration: the Monster Storm Poker Run 2018!What: Monster Storm Poker Run 2018 Where: London Bridge Resort (1477 Queens Bay) When: October 12th & 13th Cost: $350/2-person team if registered by October 5th, $400/team thereafter, $60/additional crew member Contact: Event Co-ordinators Christina Crane (623) 238-1330 or via email & Jimmy Nichols (302) 739-4739 or via emailMonster Storm Poker Run 2018 Organizers want to make Monster Storm Poker Run 2018 the biggest and baddest event of the season in Lake ...
Comments 1
By Liz Miller, Just Call Liz
(Coldwell Banker Residential Brokerage)
Who's crazy enough to go out in the water in the fall? Anyone living in Lake Havasu City, that's who! Why? Because while other parts of the country start thinking about blowing out their sprinklers to prepare for the cold weather ahead, we're still enjoying highs in the upper 90s and above. Isn't the Lake Havasu lifestyle wonderful? Since playing on the lake continues to be a favorite past time, you might enjoy hearing that the Lake Havasu Hosts Blowsion World Finals 2018 hit town this weekend. And they'll be here throughout the first week of October!What: Blowsion World Finals 2018 Where: Crazy Horse Campgrounds When: Sept 29th to Oct 7th Admission: FREE for spectators Contact: Jim Russell, Event Co-Ordinator, DSM Events (928) 208-2252 or via emailLake Havasu Hosts Blowsion World Final...
Comments 0
By Liz Miller, Just Call Liz
(Coldwell Banker Residential Brokerage)
WOW! Where has the year gone? Fall officially begins this Saturday. Luckily, our fantastic sunny skies and warm temperatures continue, extending the Lake Havasu lifestyle well after summer bids adieu. Our local home sales leveled off from the same time last year, according to the August 2018 Lake Havasu Market Report. But continued buyer demand pushed prices even higher.August 2018 Lake Havasu Market ReportLake Havasu Market Report - August 2018 Sales Flex MLS reports a total of 219 homes were sold in the Lake Havasu real estate market in August 2018. That was two more than the 217 sold at the same time last year. Year-to-date total sales remain 3.2% higher than last year. Pending sales climbed 4.3% higher, from 184 in August 2017 to 192 last month. Last month, we saw 21.9% more new lis...
Comments 0
By Liz Miller, Just Call Liz
(Coldwell Banker Residential Brokerage)
Our Lake Havasu real estate market is extremely hot right now. With high buyer demand and low inventory, buyers find themselves fighting for their dream home with others. When you factor in the out-of-town buyers searching for vacation homes and investment properties, the competition is fierce. Buying a Havasu home in a seller's market might be tough, but it isn't impossible as long as you heed the following advice.Buying a Havasu Home in a Seller's MarketFinancing Comes First Before all else, talk to a lender about securing a mortgage loan. In a seller's market, several buyers might vie for the same property. Including an approval letter with your offer shows the seller that you're serious and financially ready for the purchase. It could also put you ahead of a higher offer without any...
Comments 0
By Liz Miller, Just Call Liz
(Coldwell Banker Residential Brokerage)
Much of our Lake Havasu lifestyle centers around water. When you live in the desert, access to water means the world to you. Kayaking has grown in popularity over the past few years. We see more and more kayakers on the lake all the time. To celebrate, Southwest Kayaks (our local source for all things "kayak-related") hosts the fall season of their Southwest Kayaks Fishing Open beginning this Labor Day weekend.What: Southwest Kayaks Fishing Open 2018 Where: Mesquite Bay Central, LHC When: Sept 2nd & Oct 13th, 7 am to 12 pm Admission: FREE Contact: Southwest Kayaks (928) 680-9257 or via emailSouthwest Kayaks Fishing Open 2018 No matter what type of water vessel you choose to use at the 2018 Southwest Kayaks Fishing Open is perfectly fine. They welcome all ages and skill levels, too. Part...
Comments 0
By Liz Miller, Just Call Liz
(Coldwell Banker Residential Brokerage)
Do you remember the Dating Game? Looking for a home feels an awful lot like that. Buyer demand is high in the Lake Havasu real estate market right now. But that doesn't mean you have to settle for less than what you want. You should check out several options before you decide on "the one". In order to avoid feeling overwhelmed, I've provided some helpful house-hunting tips you can use in your search.House-Hunting Tips for Havasu Home BuyersMake a Wish List The first and possibly most helpful of my house-hunting tips is to take a moment and make a wish list. Write down everything you love about your current home. Size. Bedrooms. Location. Whatever. Then, list everything you don't like about it. If you had it to do over again, what would you change? Determine what are absolute "must haves...
Comments 0
By Liz Miller, Just Call Liz
(Coldwell Banker Residential Brokerage)
In just over two weeks, we celebrate Labor Day weekend. This typically signals the end of summer. But before it officially ends, celebrate the season with music, food, and nighttime golf at the Lake Havasu Hot August Night Pool Party.What: Lake Havasu Hot August Night Pool Party Where: Refuge Golf & Country Club (3103 London Bridge Rd) When: Saturday, August 25, 2018, 6 pm to 10 pm Admission: FREE for members, $5 for non-members Contact: Refuge Golf & Country Club (928) 764-1404 or via emailLake Havasu Hot August Night Pool Party Whether you're a member or not, the Refuge invites everyone to enjoy their Lake Havasu Hot August Night Pool Party. Cool off in the pool. Then, dance the night away while DJ Ant-Wan spins the hits. Food and drink specials will be available throughout the evenin...
Comments 0
By Liz Miller, Just Call Liz
(Coldwell Banker Residential Brokerage)
Only one word describes our local real estate market: HOT! The July 2018 Lake Havasu Market Report continues to proclaim our local area to be a seller's market. Buyers really want the Lake Havasu lifestyle. Even with prices continuing to rise, Lake Havasu homes still cost less than those in nearby California. That's one of the reasons our secondary market is one of the hottest in the country. Of course, being #3 on Realtor.com's Top 10 Cities to Age in Place list makes us more desirable as well. Let's discuss what happened in our local market last month.July 2018 Lake Havasu Market ReportLake Havasu Market Report - July 2018 Sales According to Flex MLS, a total of 179 Lake Havasu homes were sold in July 2018, a 6.3% decrease from the 191 sold in July of last year. However, the strong sa...
Comments 0