Wednesday, September 25, 2013
Friday, August 16, 2013
Thursday, June 13, 2013
Berkshire Hathaway HomeServices will be available in late 2013
A Defining Moment in Real Estate
On October 30, 2012 HomeServices of America, Inc. announced that it had purchased a majority interest in the affiliate networks of Prudential Real Estate, Real Living Real Estate and had formed HSF Affiliates LLC, which will operate the existing franchise networks and will launch Berkshire Hathaway HomeServices, a new real estate franchise brand, in the third quarter of 2013. HomeServices and Brookfield Asset Management have joint ownership of HSF Affiliates, with HomeServices having a majority share. | Berkshire Hathaway HomeServices Brand IdentityBerkshire Hathaway HomeServices brings together proven operational excellence, demonstrated integrity and the reputation of Berkshire Hathaway.The new Berkshire Hathaway HomeServices brand identity components were unveiled at the annual Prudential Real Estate Sales Convention to leading real estate agents and brokers. For additional information, please contact Kevin Ostler (kevinostler@hsfranchise.com). Read the full press release. www.bullhead-riverfront.com |
Market Update
With
June upon us it is clear that the summer has arrived. This past weekend
saw triple digits pushing the mercury to 118 degrees. The real estate
market continues to heat up as well with May 2013 seeing the most single family
homes sales for the year coming in at 84. While home inventory increased
to 392 from 360 in April, homes under contract declined to 149 down from 170 in
April. Average home prices increased to $165,606 while the median
sales price dipped slightly to 138,000. The median and average prices
continue along washboard road the trend is clear that prices as a whole are on
the rise.
Good
news for non distressed home sellers as the foreclosure market continues to
dwindle. During May of the 84 home sales only 21% were foreclosure
properties. Continued national good news regarding the real estate market
in Arizona breaths excitement and speculation into the tri state area. We
have seen a significant increase in offers hitting our in boxes. During
Memorial Day weekend local REALTORS spent most of their time showing riverfront
homes. Thomas Phipps of Wells Fargo Mortgage noted that he had not
generated so many pre loan approvals for riverfront buyers in many many years.
although many offers were submitted the fact that only one river home
went under contract since the holiday signifies in my mind that the sellers are
just a confident as the buyers that the market has taken a turn for the good.
While the buyers are ready to commit to spending money on the river, it
is clear that the sellers are holding to their already reduced asking prices
with renewed anticipation that the market will hit their number..Area subdivisions continue to anticipate the comeback as “sticks in the air” continue to be more commonplace than the anomaly it once was. With sales prices on the rise, it is clear that developers and builders are gearing up for a long anticipated fall with buyers looking to purchase new homes.
Looking to buy or sell? Call us today as the selection is good, interest rates continue to remain at record lows and our market continues to improve.
www.bullhead-riverfront.com
Friday, May 24, 2013
Bullhead City Riverfront Sales Update
Bullhead City Riverfront Sales are strong for the start of the year. We've had 10 successful sales YTD with another 2 under contract.
We currently have 9 Riverfront homes available under 600K with 11 homes available that are under $225 per Sq Ft. Contact me Today for a list of available riverfront properties.
www.bhcrei.com
We currently have 9 Riverfront homes available under 600K with 11 homes available that are under $225 per Sq Ft. Contact me Today for a list of available riverfront properties.
www.bhcrei.com
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