Buyer, Seller or Curious? 

We want you to make informed decisions when buying or selling in Lake Havasu City. Not ready to buy or sell enjoy the site. Come back often. 

Be the first to see how the Lake Havasu Real Estate Market is doing. 

Know if we are a buyer's market or a seller's market and make informed decisions. As always give us a call with any questions 928-846-6044 Brenda or 928-846-6046 Willie. 

Aug. 24, 2021

Ready to sell your home?

What To Do with Your Vacation Home as Summer Ends

What To Do with Your Vacation Home as Summer Ends | MyKCM

As summer comes to a close, is it time to think about selling your vacation home? Based on recent data and expert opinions, it’s something you may want to consider. According to research from the National Association of Realtors (NAR), vacation home sales are up 57.2% year-over-year for January-April 2021.

If you’ve taken your last vacation this summer, here are reasons you should consider selling your vacation home this year.

1. Remote work continues to drive demand for vacation homes.

As the report from NAR says, based on continuously evolving work needs, there could be more interest in your second home than you think:

“In 2020, across all nine divisions, the fraction of the workforce that work from home is typically higher in the vacation home counties than in the non-vacation home counties… The opportunity to work from home could further raise the demand for vacation homes in future years.

Recent data shows we’ll likely see a sustained increase in the rate of remote work over the next five years. That means your vacation home could be highly sought after by certain buyers. Lawrence Yun, Chief Economist at NAR, puts it best, saying:

"Vacation homes are a hot commodity at the moment . . . . With many businesses and employers still extending an option to work remotely to workers, vacation housing and second homes will remain a popular choice among buyers."

2. Selling could allow you to upgrade your vacation spot – or even your day-to-day scenery.

When demand is high, so is buyer competition. When competition is strong, buyers will do everything they can to make their offer on your vacation home as appealing as possible. This can include things like all-cash offers and more. If you sell now, you’ll be able to benefit from high buyer competition and pick the offer with the best possible terms for you. That offer could give you the opportunity to purchase the primary residence of your dreams.

Or, if you find that you’ll continue working from home, you could consider taking up more permanent residence in your vacation home and selling your primary residence instead. While this isn’t a choice everyone can consider, it could be a great option.

No matter what the situation, you don’t have to make the decision on your own. Your trusted real estate advisor can help you determine your best option when you’re ready to sell.

Bottom Line

Buyers remain interested in vacation homes this year for a number of reasons. Now that summer is winding down, it’s time to think about taking advantage of today’s demand for vacation homes. Let’s connect today if you’re ready to give your second home its day in the sun.

Posted in SELLER INFORMATION
Aug. 12, 2021

Affordable Lake Havasu Home

1470 N LAKE HAVASU AVE $375,000

Turnkey! This lovely home feels and act like a 3 bedroom. Add a free standing closet and it would be! The package is complete in this 2 bedroom PLUS DEN and has the room you need for extra guests. This DEN even comes with a pull out couch-sofa. This well maintained home is on rare NATURAL GAS too. Some updates have been completed for you such as the popular QUARTZ kitchen countertops, stainless steel appliances and updated tile flooring with wood look laminate floors in the living room. The floor plan has split bedrooms, decorative shelves an oversized slider to the PRIVATE backyard with plenty of covered seating, fruit trees, walled and has a separate access to the back through the master bedroom. The exterior paint was updated in the last few years providing nice curb appeal. Motorhome side parking 15 FEET. Except for some personal items this house comes furnished down to the dishes and silverware!

Posted in BUYER INFORMATION
Aug. 12, 2021

AFFORDABLE HOME

2021 MAGNOLIA DR JUST LISTED $312,000

 Start here with an affordable well maintained home that is central to everything downtown Lake Havasu City. Short distance to all exciting main street activities including car shows, events and even the restaurants and stores and ASU. This 2 car garage home even has a bit of side parking, a fenced and gated backyard and a covered patio. The front courtyard has a security gate. Step inside this really clean 2 bedroom 2 bath home with solid surface countertops, plenty of light and laminate wood flooring in the dining room and living room area. Welcome to this AFFORDABLE HOME.

Posted in BUYER INFORMATION
Aug. 12, 2021

Lake Havasu Condo for Sale

1795 BIMINI LN UNIT A4

JUST LISTED FOR $235,900

 Nice lake and mountain view from the front and the living room is this highly desirable condo. WOW this property is refreshed for the new buyer! You get new paint, new carpet, new vinyl plank flooring in kitchen, bathrooms and entry way. The countertops in the kitchen and bathrooms have been updated. New sinks and faucets have been installed in the kitchen and bathrooms. New toilets were added. All doorknobs and hinges replaced and updated. The kitchen appliances are all stainless. The ceiling fans were replaced as well as the hallway and bathroom light fixtures were replaced. What a beauty! You have 2 assigned carports too! Welcome home to 1795 Bimini Ln unit A4!

Posted in BUYER INFORMATION
Aug. 2, 2021

Are you Selling a House this Year?

FREE SELLERS GUIDE

Download this guide no matter where you live and have a home to sell. 

FREE Guide to Selling

Posted in SELLER INFORMATION
Aug. 2, 2021

Are you Buying new home this Year?

FREE BUYER'S GUIDE

Read this first!

Posted in BUYER INFORMATION
July 29, 2021

Homeowner Association Pros and Cons

Homeowner associations are on the rise

There are some pros and cons to living in a homeowner association. 

Some of the pros:

  1. The neighborhood looks good. The association guidelines usually require standard landscape, the colors of exterior paint and they have restrictions on boat and vehicles on the street.
  2. There are often amenities such as a pool, play areas and security gates. 
  3. Upkeep of common areas is shared
  4. It is easier to get to know your neighbors as you begin to participate in HOA meetings and use the amenities that are common use. 

Some of the cons: 

  1. HOA dues which vary and most in Lake Havasu City are similar. Often they include thing such as water, sewer, trash so be sure to ask when you are considering a property in an HOA.
  2. Most property updates must be approved by the HOA, especially the ones that effect the exterior.
  3. If your HOA is not financially solid or gets involved in lawsuits this could impact you. 
  4. You have to follow the rules which means you give up a bit of freedom.
  5. A board member can cause an uproar if the board member makes a decision that costs money and is not approved by all members. 

 

 

Posted in BUYER INFORMATION
July 19, 2021

Short Sale Foreclosure

Looking for a Short Sale or Foreclosure?

While we have the designation as a short sale expert this is not something that is used much anymore. 

This was a huge demand in 2005-2010 but as the market stabilized after the bad loans and easy credit people who now own homes generally can pay for them just fine. 

Occasionally we have a short sale or a foreclosure property but they are not the under-market value ones you saw in the past. The banks have tools to help determine the home values and the prices are fair market. 

 

Posted in WHAT IS SHORT SALE
July 15, 2021

June Lake Havasu City Real Estate Market

Are we seeing buyer fatigue? June Lake Havasu City Market Report

It is still too soon to call anything a trend. Let's just call it the FACTS OF JUNE
* Sales of Single Family Homes were down 22%
* Listings (Inventory) are up 20%
* Sales of land staying about the same as previous year
* Listings (inventory) is down 18%
Prices are stable for now

May 18, 2021

Lake Havasu City Golf

Lake Havasu City Golf Courses

Lake Havasu Golf Club

This is a local favorite and is great for all levels of players:

* Putting and Chipping Green

* Practice range with grass and matts

* On-site golf lessons with a pro 

* Motorized Carts

*Walking Carts

* Golf Boards

* Rental clubs

* Bar and Restaurant

* 2 Courses

But don't listen to me, pop over to the website and make your tee time today! Lake Havasu Golf Club

Refuge Golf & Country Club

This is a private club but you can buy a membership for the day and enjoy 18 holes of golf, relax in the pool and even have dinner! To see more: Refuge Golf & Country Club