Lake Havasu City, AZ Real Estate News

By Liz Miller, Just Call Liz
(Coldwell Banker Residential Brokerage)
You followed my tried and true Havasu home selling tips. Your curb appeal was on point. All your repairs and little fixes brought buyers to your door. Now, offers have begun to pour in. You might feel compelled to take the highest priced offer you come across. However, that Havasu home offer may not actually be the best one for you. When contemplating an offer, you shouldn't base your decision solely on the price.Havasu Home OfferContingencies Just about every home sale includes contingencies of some sort. Typical ones include a home sale contingency, appraisal contingency, loan contingency, inspection contingency, and title contingency. The fewer contingencies required, the smoother the road to closing. Financing might be one of the most concerning contingencies to consider. A lower pr...
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By Liz Miller, Just Call Liz
(Coldwell Banker Residential Brokerage)
Looking for a way to beat the heat? The lake is great but temperatures in excess of 110F make it difficult to cool off even in the water. Relax in air-conditioned comfort while listening to live music any weekend in August. That's when GraceArts plays host to the Lake Havasu Heat Wave Concert Series 2018.What: Lake Havasu Heat Wave Concert Series 2018 Where: GraceArts Live Performing Arts Theater (2146 N McCulloch Blvd) When: Every Friday & Saturday in August through the 25th, 7 pm to 11 pm Admission: $20 general admission, $55 VIP Contact: Effin Records (928) 412-1811 or via emailLake Havasu Heat Wave Concert Series 2018 The Lake Havasu Heat Wave Concert Series 2018 kicks off with a special auction at Schlotzky's on August 3rd. Show up at 7 pm to place your bid on several pieces up for...
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By Liz Miller, Just Call Liz
(Coldwell Banker Residential Brokerage)
Let's face it. Sellers rule the roost in the Lake Havasu real estate market. And with our secondary market ranking among the highest in the country, local residents find themselves competing with even more buyers than ever. You need to look for ways to get a leg up on your competition. What if there was a way to find Havasu homes for sale before they actually hit the market? I'll let you in on a secret: there is!Find Havasu Homes for Sale Before They Hit the MarketYour Lake Havasu Real Estate Agent/REALTOR® This should come as no surprise, but the best way to find Havasu homes for sale before they officially hit the market is by talking to your Lake Havasu REALTOR®. That's right. Ask them about listings they're currently trying to score from sellers. If the home in question fits your wi...
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By Liz Miller, Just Call Liz
(Coldwell Banker Residential Brokerage)
The local housing market continues to match our scorching temperatures. According to the June 2018 Lake Havasu Market Report, high buyer demand persists. Even with lower year-over-year sales, prices climb even higher. That means that, if you're in the market for a new Lake Havasu home, you need to be ready to act as soon as you locate one you like.June 2018 Lake Havasu Market ReportLake Havasu Market Report - June 2018 SalesFlex MLS reported that a total of 214 Lake Havasu homes were sold in June 2018. That marked an 11.6% decrease from the same time last year. Even so, the Lake Havasu market appears to have sold 3.9% more homes in the first half of 2018 than it did in the first half of 2017. Bucking a recent trend, pending listings showed a slight 1.9% increase from last June, with 210...
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By Liz Miller, Just Call Liz
(Coldwell Banker Residential Brokerage)
Buying your first home can be scary. It's a large investment. However, it's well worth it. You saved up a nice chunk of change for your downpayment. You're so over living with roommates or your parents. It's time to be on your own. Instead of telling you what you should do, my first time home buyer tip for this week is what you should NOT do.First Time Home Buyer Tip: What NOT to DoProcrastinate Nailing Down Your Financing First of all, let's talk about one of the most important first time home buyer tips I can give you: financing. Don't wait until the last minute to get approved for a loan. In a hot real estate market like Lake Havasu, buyers must be ready to strike when they find a home they like. This needs to be done as soon as possible. It helps create a budget by letting you know ...
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By Liz Miller, Just Call Liz
(Coldwell Banker Residential Brokerage)
As temperatures go up, everyone takes to the lake. That is the Lake Havasu lifestyle after all. And over the next week, visitors and residents get to enjoy Lake Havasu fireworks, music and lots of other summertime fun.Havasu MusicWhat: Rockin' the Dock Summer Summer Concert Where: Havasu Landing Resort & Casino When: Saturday, June 30th, 9 am to 7 pm Admission: FREE Contact: Havasu Landing (760) 858-4592 ext 251 or via email Waterslides, sandcastles, and good old rock music set the stage for a great day of summer fun. Things kick off with a sandcastle competition at 9 am. Anyone can enter. All you have to do is go to the Havasu Landing offices anytime between now and 10 am on the day of the event. Judges will visit each entry at 12:30 pm, with winners announced shortly thereafter. The w...
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By Liz Miller, Just Call Liz
(Coldwell Banker Residential Brokerage)
Only one word describes the Havasu real estate market right now: HOT! Competition among buyers remains fierce. It's a seller's market. But you listed your home months ago. Interest hit its peak early on. However, you haven't experienced so much as a nibble lately. Here are the top five silly reasons your Havasu home hasn't sold yet. Top Five Silly Reasons Your Havasu Home Hasn't Sold Yet#1 - Pricing Too HighToo often, people tend to attach a high price to sentimentality. That includes their homes. Buyers don't care that little Johnny took his first steps in the living room. Until they actually move in, this is strictly a business deal. Have your Lake Havasu REALTOR® run comps on recently sold homes in your neighborhood. This gives you a real idea of what you should price your Havasu hom...
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By Liz Miller, Just Call Liz
(Coldwell Banker Residential Brokerage)
Living the Lake Havasu lifestyle means spending as much time out on the lake as possible. When the sun beams from high above, it's time to hit the water. And I can't think of a more fun way to do that than the High Torque Marine Regatta Beach Party this weekend.What: High Torque Marine Regatta Beach Party Where: Rotary Park When: Saturday, June 16th, 11 am to 5 pm Admission: Free for spectators Contact: Sharece Coulombe via emailHigh Torque Marine Regatta Beach PartyYou'll see many different boat manufacturers represented out on the lake this summer. Ski Nautique, Chaparral, Bayliner, Mastercraft...they're all there. But it's the owners of the popular High Torque Marine (HTM) brand that bring the party to Lake Havasu's shores this weekend. Starting at 11 am, owners and admirers are welc...
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By Liz Miller, Just Call Liz
(Coldwell Banker Residential Brokerage)
While temperatures sizzle, so does the Lake Havasu real estate market. Competition for homes is fierce due to low inventory levels. The May 2018 Lake Havasu Market Report also noted that prices maintained their upward trajectory. How is this affecting Havasu home buyers? Read on to find out.May 2018 Lake Havasu Market ReportLake Havasu Market Report - May 2018 Sales According to Flex MLS, 227 Lake Havasu homes were sold in May 2018. That's an 8.1% decrease from May 2017's 247. However, year-to-date sales continue to outperform 2017's by 6.7%. Pending listings continue their downward trend as well. In May 2017, Flex MLS reported 239 Havasu listings pending. Last month, this fell 6.3% to 224. Active listings also dropped significantly, with a reported 713 total in May 2018. That's 26.4% l...
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By Liz Miller, Just Call Liz
(Coldwell Banker Residential Brokerage)
Lake Havasu City began as a great place to "winter". Even in the coldest part of the year, temperatures rarely dip below 60F. The influx of "snowbirds" each winter helped keep the economy afloat for many years. Over the past couple of decades, Havasu became a "go to" vacation spot for younger residents nearby. So, it should come as no surprise that the Lake Havasu secondary market was recently named among the hottest in the US.Lake Havasu Secondary Market According to SmartAsset.com, the Lake Havasu secondary market landed the #11 spot on its nationwide list. Almost 30% of the more than 3300 mortgages held in the Havasu market are for second homes. For some, these represent a personal vacation home. For others, these are investments. Still, others plan ahead for their retirement. After ...
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By Liz Miller, Just Call Liz
(Coldwell Banker Residential Brokerage)
Our Lake Havasu lifestyle primarily centers around the body of water for which our city received its name. Sure, there are other things to do that don't involve water, like the Lake Havasu Balloon Festival, Brews and Brats Festival, Bluegrass Festival, food and wine tastings, dry camping, hiking, and offroading. But, everyone ends up at the lake eventually. This weekend, fishermen rejoice! The 2018 Lake Havasu WON Striper Derby hits town. Time to cast a line and haul in the biggest bass possible for cash and prizes.What: 2018 Lake Havasu WON Striper Derby Where: London Bridge Resort When: Saturday, May 19th, & Sunday, May 20th, 5:30 am Admission: $175 per team Contact: Bill Egan, Western Outdoor News (WON), (949) 366-0248 or via email2018 Lake Havasu WON Striper Derby Right now, the lak...
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By Liz Miller, Just Call Liz
(Coldwell Banker Residential Brokerage)
The lake provides endless hours of entertainment. However, during the summer, it can get pretty crowded. Thousands of people descend upon our fair city to partake in our fabulous Lake Havasu lifestyle each year. To avoid the crowds, Havasu homeowners retreat to the sanctity of their backyard oasis. Many Havasu homes include a pool of their own. With this pool comes some responsibility. Even if you hire a local service to take care of your pool, a responsible homeowner still does a little work themselves. Here are a few summer maintenance tips to keep your Havasu pool in tip-top shape.How to Maintain Your Havasu Pool During the SummerSkim Daily Yes, even in the desert, leaves and debris manage to find their way into your Havasu pool. To keep it clean, you'll need to skim it daily. This h...
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By Liz Miller, Just Call Liz
(Coldwell Banker Residential Brokerage)
We're not only about poker runs and boat shows in Lake Havasu City. This year, Cinco de Mayo falls on a Saturday. This Saturday, in fact. So, you know what that means. Chihuahua races! Havasu's own Paws & Claws hosts their 10th annual Lake Havasu Cinco de Mayo Chihuahua Races and Social this Saturday. And you get to enjoy all the cuteness absolutely free of charge!What: Lake Havasu Cinco de Mayo Chihuahua Races 2018 Where: Paws & Claws Animal Care (2715 Maricopa Ave) When: Saturday, May 5th, 4:30 pm to 6 pm Admission: FREE Contact: Paws & Claws (928) 505-MEOW (505-6369) or via emailLake Havasu Cinco de Mayo Chihuahua Races 2018 The Lake Havasu Cinco de Mayo Chihuahua Races are a fun, non-alcoholic way to celebrate what is traditionally known as a drinking holiday. It also raises awarene...
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By Liz Miller, Just Call Liz
(Coldwell Banker Residential Brokerage)
The Lake Havasu real estate market isn't the only thing that's hot. While warmer temperatures make winters here amazing, we stay in the triple digits for several months each year. And yes, it's a dry heat. The humidity stays well below the national average. That makes it a little easier to tolerate. However, the high heat wreaks havoc with our energy usage. Implement these Lake Havasu summer energy saving tips to lower your energy usage and save some money this year.Lake Havasu Summer Energy Saving TipsAir Conditioning As temperatures rise, our air conditioning units start working harder. So, the first of my Lake Havasu summer energy saving tips involves our A/C units. Change out your air filters on a monthly basis. When the filters build up dirt and dust, it's tougher for our A/C units...
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By Liz Miller, Just Call Liz
(Coldwell Banker Residential Brokerage)
What do I like most about our Lake Havasu lifestyle? The ability to play in the sun 300+ days of the year. While others across the country battle inclement weather (snow in April, Pennsylvania?), we enjoy temperatures in the mid-80's to low 90's. So nice! That's perfect weather for the Lake Havasu Desert Storm Poker Run 2018 this weekend.What: Lake Havasu Desert Storm Poker Run 2018 Where: Main St/McCulloch Blvd, Lake Havasu State Park, Bridgewater Channel, Site 6, and Thompson Bay When: April 18th to 21st Admission: FREE for spectators Contact: Christina Crane, Storm Poker Runs (623) 238-1330 or via emailLake Havasu Desert Storm Poker Run 2018 The Lake Havasu Desert Storm Poker Run 2018 festivities start off like they have every other year: with a huge party! Over 10,000 people filled ...
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By Liz Miller, Just Call Liz
(Coldwell Banker Residential Brokerage)
Lake Havasu City is well known for its dry desert heat. But, the weather isn't the only thing that is hot. The real estate market has hit a fever pitch. Buyers are losing out left and right due to strong demand and low inventory. Find out the latest local real estate news in my March 2018 Lake Havasu Market Report below.March 2018 Lake Havasu Market ReportMarch 2018 Lake Havasu Market Report - Sales According to the Flex MLS, a total of 267 Havasu homes were sold in March 2018. That's a 1.5% increase from last March. So far, we're outpacing 2017's total sales to date by 18.6%. Our pending listings have fallen by 13.7% to 253. Active listings decreased from 1147 in March 2017 to 805 last month. That marks a 29.8% drop over the last 12 months. New listings fell 21.7% (from 327 last March ...
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By Liz Miller, Just Call Liz
(Coldwell Banker Residential Brokerage)
As you know, water rules many aspects of our Lake Havasu lifestyle. It's a big reason so many people vacation here each year. The calendar says we just dipped our toe into spring. But reported highs of 90F mean summer is on its way. Start making plans for your summer activities by visiting the 2018 Lake Havasu Boat Show this weekend. What: 2018 Lake Havasu Boat Show Where: Windsor 4, Lake Havasu State Park When: April 6-8, Fri 12 pm to 6 pm, Sat 9 am to 6 pm, Sun 9 am to 3 pm Admission: Adults $8 per person (cash only), Kids ages 6 & under FREE Contact: Bob Brown, Lake Havasu Boat Show, (951) 501-0210 or via email2018 Lake Havasu Boat Show The 2018 Lake Havasu Boat Show offers something for everyone. Looking for a new fishing boat, pontoon, kayak, jet ski, or runabout? You'll find it he...
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By Liz Miller, Just Call Liz
(Coldwell Banker Residential Brokerage)
With advancements in modern medicine, people tend to live longer than ever before. Our Lake Havasu lifestyle lends itself to happy healthy living well into someone's retirement years. Rising health care costs make a dedicated "retirement home" impossible for many Americans. Therefore, more and more people move their aging parents in with them so that they can care for them themselves. We're seeing more instances of multi-generational living in Lake Havasu. Are you planning on bringing your parents into your household on a permanent basis? Follow these guidelines to help make this transition easier for your loved ones and yourself.Multi-Generational Living in Lake HavasuSafety First As we age, moving around becomes more difficult. Some things that we used to take for granted (like that o...
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By Liz Miller, Just Call Liz
(Coldwell Banker Residential Brokerage)
So, we officially entered spring yesterday. For most of the country, that brings a glimmer of hope for warmer weather. Although, they're expecting even more snow in the northeast today (can you believe it?)! For Lake Havasu residents, sunny skies and 70F temps rule the forecast. To start our Havasu spring events for 2018, how about a little fish and zip to keep you occupied? First up this weekend: the Wild West Bass Tournament Weigh-In. Next weekend? Personal watercraft races with JetJam. Sounds so much more enjoyable than shoveling snow, doesn't it?Havasu Spring Events 2018: Fish What: Wild West Bass Tournament Weigh-In Where: Lake Havasu State Park When: March 23rd to 25th, 3 pm to 5 pm Admission: Free to spectators Contact: Shane Moline, Event Co-ordinator Wild West Bass Trail (480) ...
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By Liz Miller, Just Call Liz
(Coldwell Banker Residential Brokerage)
Thinking about selling your Lake Havasu home? Pretend you're a buyer and walk around your property. Take personal emotions out of the equation. Be brutally honest. As the homeowner, you've been fine with squeaky hinges and torn screens. Sure, the closets could be bigger and the kitchen may feel a bit closed in. But, who has money for a major remodel? If you want your house to sell, a few small changes can be a big deal for Havasu home buyers.What to Fix/Change Before Selling Your Havasu HomeTorn/Broken Window Screens Havasu home buyers look at everything...and I mean everything...when considering a property as their own. So, the things you've just "learned to live with" won't fly with them. For example, when spring cleaning one year, you took off the screens on your house to clean off t...
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