Havasu home buyers do not need a perfect FICO score to purchase a property. But a higher score increases your chances of loan approval. And the higher your score, the better your interest rate. With a median sale price of $365,000 last month, you need to get your credit in tip-top shape before yo
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11/18/2020
As we enter the last quarter of the year, the local real estate market remains hot. According to the Lake Havasu Market Report for October 2020, the median sales price hit its highest mark ever. Total monthly sales hit their second-highest point for the year. And low inventory continues to create
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11/05/2020
Ah. Fall is in the air. As our Lake Havasu weather begins to cool off (meaning temperatures in the 90s instead of 100+), it's a great time to explore the surrounding desert land. If your travels take you towards Parker, let me recommend a great pit stop in the middle of virtually nowhere: the Des
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10/21/2020
For other parts of the US, October means a changing of the leaves and chillier weather. In Lake Havasu City, it means temperatures in the 90s for the most, with the last of the triple-digits beginning to fade away. Even our local real estate market remains hot, hot, HOT! According to the Septembe
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10/08/2020
For several months now, the Lake Havasu real estate market fell squarely in the seller's favor. Once Governor Ducey opened the state back up, home sales exploded. Last month's total sales eclipsed August 2019's sales by over 25%. And sale prices hit their highest median ever. But millions of peop
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09/16/2020
Usually, our Lake Havasu real estate market starts the year off mild and begins to pick up around spring (April/May). This year, thanks to COVID, we experienced a very tepid spring. But summer heated up in more ways than one. As Arizona began to open back up, people came out of hibernation. And t
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09/02/2020
In the real estate industry, you play a lot of "hurry up and wait". You rush around trying to find the right property. When you do find "the one", you rush to put in an offer. Once the offer is accepted, you enter escrow. Then, you wait. I've provided a sort of Havasu home closing timeline below
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08/19/2020
Home sales figures and the median sale price hit their highest point of the year, according to the Lake Havasu Market Report for July 2020. Unfortunately, our inventory continues its deep dive. Until we see more listings hit the market, prices will continue to rise. That's great news for sellers
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08/06/2020
Even with COVID-19 affecting how we go about our daily lives, the Lake Havasu real estate market trudges on. Just last month, Havasu home sales saw an increase of more than 50% from May as the governor began to open up more Arizona businesses. If you're in the market for a new property, avoid the
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07/22/2020
In late May, Governor Ducey began reopening the state back up. Our June 2020 Lake Havasu Market Report numbers show it, too. After four months of lower year-over-year numbers, last month's home sales finally showed a marked increase over last year's. How did the rest of the market perform? Read o
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07/09/2020