Zillow: U.S. home values now up 12 straight months - MarketWatch on.mktw.net/SSCY80 via @marketwatch
— Bobby & Julie Lewis(@HavasuBobby) November 23, 2012
Search Lake Havasu Homes for Sale at: http://www.DiscoverHavasuHomes.com
Friday, November 23, 2012
U.S. Home Values Up 12 Straight Months
Search Lake Havasu Homes for Sale at: http://www.DiscoverHavasuHomes.com
Thursday, November 22, 2012
Lewis Team Thanksgiving Day Wishes
Wednesday, November 14, 2012
Lake Havasu Real Estate Market Report
Lake Havasu Real Estate Market Report November 14, 2012
Written By: Bobby Lewis
Home values in Lake Havasu continued their upward course in October 2012 with the median home sales price up 18.1 % over October 2011 and the average sales price up nearly 15%. The market is still much closer to the bottom than the top but it is moving in the right direction the past 6 months.
With
overall Lake Havasu bank owned home inventory on the decline in the area and throughout Arizon, 2013 is being projected by many real estate insiders as a potentially big year for continued appreciation.
The
number of single family homes for sale in Lake Havasu City has increased to just over 700 citywide however with 128 homes selling in October alone that still remains only 6 months of inventory. In the sub $200K market the news is even better as homes are selling briskly in the entry level price ranges. With the expected strong
winter Lake Havasu should see home values continue to increase at least at a moderate rate
however higher appreciation is being projected by some experts. Time will tell the story.
LAKE HAVASU RENTAL MARKET
You may have already heard but the
great news continues in the residential rental market. The
vacancy rate for residential rental homes remains incredibly low. The Coldwell Banker rental
department (the largest in town) remains nearly out of available rentals with a vacancy rate
in October of only 3%. Vacancy is nearly a non-issue for investors at this time as homes in good condition and with market rents in-line with competition rent nearly immediately.
OCTOBER MARKET STATISTICS
As for total YTD Sales; Nearly 1400 residential homes and condos have sold in
Lake Havasu City since January 1st....and that number does not include multifamily, vacant ,
commercial, or non-agent assisted sales. Including those numbers the totals
are even higher.
Here are the key Lake Havasu Real Estate numbers from October:
- October Lake Havasu property sales: 128
- YTD Sales as of end of October: 1299
- October Average Sales Price: $204,327 (up 14.6% year over year)
- October Median Sales Price: $166,553 (up 18.1% year over year)
- Average Days On Market: 82
- Total Inventory of Single Family For Sale: 700
The BIG question that begs to be asked... Where else can you buy a vacation home for prices this affordable, in a fun resort town with warm and sunny winter weather,
outstanding summer pleasure boating, and overlooking a stunningly scenic lake?
And all within a few hours drive of Las Vegas, Phoenix and Southern
California.
Please call with any questions you have. Also as
an added service we can set you up to receive instant e-mails for a specific
price range if you are not already receiving them.... We truly appreciate your
business.
No pressure...no obligation...just friendly
service!
Bobby & Julie Lewis Team
#1 Coldwell Banker Agents in Lake Havasu City Area
928-855-8880
Monday, October 15, 2012
Lake Havasu Real Estate Market
Lake Havasu Real Estate Market Update - October 15, 2012
Written By: Bobby Lewis
The Lake Havasu Real Estate Market has made great strides during 2012 towards stabilization indicated by increasing market values year over year particularly in the sub-$200K market.
Here are some of the key numbers from September:
- September property sales: 89
- YTD Sales as of end of September: 1171
- September Average Sales Price: $171,838 (up 7.8% in September year over year)
- September Median Sales Price: $141,400 (up 1.7% in September year over year)
- Average Days On Market: 84
- Total Inventory of Single Family For Sale: 657
The flip side of the coin is the Lake Havasu luxury market. Particularly homes priced from $350,000 and up. Although several homes each month are selling in the higher price ranges the inventory remains elevated versus the number of sales each month. There have been several notable sales recently however that indicate even the luxury market may be on its way to stabilization in 2013 however we still have some distance to go before that can be determined for certain. One thing hard to imagine however is pricing going much lower as the worst appears behind us.
The great news for the savvy homeowner however is the opportunity to take full advantage of these 2 opposite market dynamics. They have collided and literally create the perfect storm for the Lake Havasu homeowner considering trading up.
Take for instance if you currently own a Lake Havasu home valued under $250K but you have been considering buying a Lake Havasu golf course home, a larger home, or entering the luxury market in Lake Havasu. There are numerous buyers looking for a good home properly priced and between $100,000 and $250,000. At the same time, as a buyer in the luxury market you have the "pick of the litter" so to speak with far fewer buyers to compete with and numerous properties to choose from. Talk about having the ball in your court on both ends of the process.
For more information on Lake Havasu Real Estate or to request a Free Lake Havasu Foreclosure List contact Bobby & Julie Lewis. Bobby & Julie are the #1 Lake Havasu Coldwell Banker Agents in the area.
Bobby & Julie Lewis Team
Coldwell Banker
928-855-8880
Friday, October 12, 2012
The Lake Havasu Real Estate market continues to stabilize. Check out this luxury home for sale with tremendous backyard and "Disneyland Like" Pool.
2280 Souchak Dr. Lake Havasu City, AZ
Highlights
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Description
The ultimate luxury Lake Havasu party home with a true Disneyland "Resort Like" pool and backyard plus a mega garage. On top of this it just happens to be in one of the most desirable neighborhoods in Lake Havasu City. The home is elegant and inviting with spacious kitchen that opens to a dramatic Great Room overlooking the tremendous backyard. Upgrades such as alarm with cameras and infrared motion sensors, surround sound speakers, inside home pool and waterfall controls, outside cabana with built in barbeque and sink, pool house with 3rd bath, and more. Abundant RV and Motorhome Parking in both garage and behind gated side area of home is perfect fot all the toys.
Call Bobby & Julie Lewis with questions. 928-486-4498 or Toll FREE 888-HAVASU-8
No Pressure...No Obligation...Just Friendly Service!
Click Here to request a Free Lake Havasu Foreclosure List
For more Lake Havasu Real Estate information check out our original sitehttp://www.discoverhavasuhomes.com/
For more Lake Havasu Real Estate information check out our original sitehttp://www.discoverhavasuhomes.com/
Contact Bobby & Julie Lewis for more information on this fantastic home.
Bobby & Julie Lewis
#1 Coldwell Banker Agents in Lake Havasu
928-855-8880
Monday, September 24, 2012
Great Price, well maintained and updated home, and owner will consider carry.
You won't be disappointed!
If you are looking for an affordable and updated home in Lake Havasu combined with an outstanding price, that makes this the perfect property for the first time home buyer, investor, or 2nd home owner. Updated inside, this warm and inviting home will not disappoint. For the price you will be hard pressed to find a better home for the money. Close to lake located below Acoma.
To View Additional Photos and More information just click on the address.
2187 Palo Verde Dr. S. Lake Havasu City, Arizona 86404
The Lake Havasu Real Estate market is improving. The average median price last month was up 20% over the same month in 2011.
Bobby and Julie Lewis are the #1 Coldwell Banker Realtors in the Lake Havasu area. They can be reached at their office at 321 S. Lake Havasu Ave. or by phone at 928-855-8880.
Lake Havasu Foreclosure Inventory is has diminished however great deals remain on the market. For a FREE complete list of current Foreclosure Inventory active for sale in Lake Havasu just click the link. Lake Havasu Foreclosure List
Bobby & Julie Lewis Team
#1 Coldwell Banker Agents in Lake Havasu
928-855-8880
www.DiscoverHavasuHomes.com
www.DiscoverHavasuRealEstate.com
Thursday, August 23, 2012
Lake Havasu Real Estate & Housing Market Update
Lake Havasu City Housing Market NewsWritten By: Bobby Lewis with Coldwell Banker
Year over year Lake Havasu City home values rose for the 4th straight month with the median sales price up
15.6% over the same period in July 2011.
With that said Lake Havasu home inventory
crept up slightly to 562 citywide as of this morning however with 120
residential single family homes selling in July this still marks only a 3-6
month supply of homes in most price ranges and is not far from tipping the
scales from the current buyer's market to a seller's market if inventory falls
below 500 homes any time soon. Time will tell.
High end homes are the only
exception and continue to have extended marketing times, however we are seeing
some improvement in the luxury market with several notable homes selling over
the past 90 days. The good news is if you are considering trading up your
home this is really the perfect storm. Lake Havasu Homes for sale under $250K are in high
demand making your current home very marketable however homes over $350K and
particularly over $500K have much less buyer competition. No matter what your
needs are nearly all indications suggest we have passed the bottom making this
the perfect time to jump into the market and catch the next wave up.
In addition to the falling
"for sale" inventory vacant residential rentals remain low as well
which further documents the recovering housing market. Our rental
department (the largest in town with over 1000 homes currently rented) is
literally running out of them with a vacancy rate around 3%. And if
you still don't believe housing is recovering in Lake Havasu, check this
out: 1080 residential homes in Lake Havasu City have already sold this
year...and that does not include multifamily, vacant , commercial, or
non-agent assisted sales. Including those numbers the totals
are even higher.
NOW OPEN - ArizonaState University Campus -ASU Colleges Lake Havasu:
Classes start today and the campus looks fantastic when you drive up
Swanson. Enrollment is approaching 100 students for the first year (more for
the future), plus faculty and administration. This is a
very exciting time in our resort town.
The question we always
ask...Where else can you buy a vacation home for prices this affordable in
a fun resort town with warm and sunny winter weather, outstanding summer
pleasure boating, and overlooking a stunningly scenic lake?
And all within a few hours drive of Las Vegas, Phoenix and Southern California.
Please call with any
questions you have on Lake Havasu Real Estate. Also as an added service we can set you up to receive
instant e-mails for a specific price range if you are not already receiving
them.... We truly appreciate your business.
No pressure...no
obligation...just friendly service!
Bobby & Julie Lewis Team
#1 Coldwell Banker Agents in Lake Havasu Area
928-855-8880
Thursday, June 21, 2012
Lake Havasu Real Estate Market Update
Over the last few months our expectations were to see home
values increasing in Lake Havasu and in fact the numbers continue to indicate
that is happening. Overall values rose for the 2nd straight month with the
median sales prices up 11.3% year over year in May 2012 and the average sales
prices increasing even more up nearly 16%. With inventory remaining low, demand
robust, and a general sense by many that the market is undervalued the trend is
likely to continue.
Please call with any questions you have about Lake Havasu Real Estate . Also as an added
service we can set you up to receive instant e-mails for a specific price range
if you are not already receiving them or request a free foreclosure list. We truly appreciate your
business.
No pressure...no obligation...just friendly service!
Bobby & Julie
#1 Coldwell Banker Agents in Lake Havasu City
928-855-8880
Wednesday, May 16, 2012
Lake Havasu Home Ownership
Majority of Americans Still Value Homeownership Even After Recession
Dr. Robi Ludwig explores the psychological/emotional value of a home
Well-known psychotherapist Dr. Robi Ludwig partners with Coldwell Banker to explore why homeownership is so desired by Americans. And while the recession had an obvious impact, Dr. Robi believes the emotional and psychological benefits of homeownership will never go away.
Lake Havasu Real Estate Inventory continues to fall as foreclosure inventory shrinks drastically. Early reports show market values increased over 5% last month in Lake Havasu as well.
For a FREE information packet on the Lake Havasu area just click here and request it and we will personally mail you your complete package right away.
Have a great day!
Bobby
Bobby & Julie Lewis Team
#1 Coldwell Banker Agents in Lake Havasu City Area
928-486-4498 Bobby
928-486-4147 Julie
Saturday, April 14, 2012
Lake Havasu Real Estate Inventory Shrinking
Lake Havasu real estate news continues to improve with inventory shrinking again this month. The number of single family homes for sale in Lake Havasu City is now down to only 551 citywide as of this week. With another 174 residential homes selling in March and pending sales numbers remaining high Lake Havasu home values will start to climb as long as this trend continues.
There is virtually no doubt the Lake Havasu market has bottomed unless something completely unexpected happens. In fact the very bottom has likely already passed.
In addition to the falling housing inventory even vacant rentals continue on the decline. Our rental department (the largest in town) is literally running out of them with a vacancy rate in March of less than 5%. And if you still don't believe housing is recovering in Lake Havasu, check this out: About 5 homes a day are selling in Lake Havasu City - Nearly 500 have already sold this year alone...and that does not include multifamily, vacant lots, commercial, or non-agent assisted sales. Including those numbers the totals are even higher.
We continue to say it month after month but with less than a 6 month supply of Lake Havasu homes for sale and bank owned Lake Havasu foreclosure inventory continuing to trend downward the market has shifted. Only time will tell but considering entry level properties have sold in price ranges that rival the cost of many new automobiles how much lower could it have gone?
The new Arizona State University campus at Lake Havasu will open this fall. Enrollment is going on now with expectations for about 200 students the first year, plus faculty and administration. This is a very exciting time in for this resort town.
The question Julie and I always ask is...Where else can you buy a vacation home for prices this affordable in a fun resort town with warm and sunny winter weather, outstanding summer pleasure boating, and overlooking a stunningly scenic lake? And all within a few hours drive of Las Vegas, Phoenix and Southern California. It's time to consider a home in beautiful and affordable Lake Havasu City, Arizona.
For a FREE information packet on the Lake Havasu area just click here and request it and we will personally mail you our complete package right away.
Have a great day!
Bobby
Bobby & Julie Lewis Team
#1 Coldwell Banker Agents in Lake Havasu City Area
928-486-4498 Bobby
928-486-4147 Julie
Thursday, March 8, 2012
The Value of a Home
Why we love selling homes in beautiful Lake Havasu City, Arizona. Check out this great commercial with Tom Selleck at the narrator.
Also, several excellent new home listings over the past few weeks. Check out our Featured Coldwell Banker Listings. Click Here to View Featured New Listings
Also don't forget to follow us on Twitter...We are now posting "tweets" of our best new listings as they hit the market. Follow Lake Havasu Real Estate on Twitter by clicking here.
We hope to be of excellent service to you in Lake Havasu City.
Bobby & Julie Lewis
Coldwell Banker Residential Brokerage
928-486-4498 Bobby
928-486-4147 Julie
http://www.DiscoverHavasuHomes.com
http://www.DiscoverHavasuRealEstate.com
Also, several excellent new home listings over the past few weeks. Check out our Featured Coldwell Banker Listings. Click Here to View Featured New Listings
Also don't forget to follow us on Twitter...We are now posting "tweets" of our best new listings as they hit the market. Follow Lake Havasu Real Estate on Twitter by clicking here.
We hope to be of excellent service to you in Lake Havasu City.
Bobby & Julie Lewis
Coldwell Banker Residential Brokerage
928-486-4498 Bobby
928-486-4147 Julie
http://www.DiscoverHavasuHomes.com
http://www.DiscoverHavasuRealEstate.com
Wednesday, January 25, 2012
2360 Barranca Dr. Lake Havasu City, Arizona
Check out this great new Pool Home Listing in Lake Havasu City. Fantastic Lake View from front yard, great mountain views and privacy around the resort style pool.
This is a great Lake Havasu home for money. Owner is asking $189,000 and will consider carrying the note with a good down payment and shorter term for balloon. Prefers to be paid off but wants to sell.
This 3 bedroom 2 bath Lake Havasu home offers split bedroom floorplan, stainless steel kitchen appliances, 29.5' boat deep garage and more. You won't be disappointed.
Backyard is tremendous with sparkling pool with baja shelf, waterfall, and outstanding privacy. Fully walled and ready to go.
MLS# 863262
Check it out on YouTube at our website.
Call now for more details on this great Lake Havasu property.
Thank you,
Bobby & Julie Lewis Team
Coldwell Banker Residential Brokerage
928-486-4498 Bobby
928-486-4147 Julie
www.DiscoverHavasuHomes.com
www.DiscoverHavasuRealEstate.com
Subscribe to:
Comments (Atom)
