Showing posts with label bullhead city az foreclosures. Show all posts
Showing posts with label bullhead city az foreclosures. Show all posts
Wednesday, August 15, 2012
Home builder confidence hits five-year high
Home builder confidence hits five-year high
U.S. homebuilder sentiment rose in August to its highest level in more than five years, a fresh sign that the battered housing market is turning the corner, data from the National Association of Home Builders showed on Wednesday.
The NAHB/Wells Fargo Housing Market index gained to 37 this month from 35 in July, the group said in a statement, topping economists' expectations for it to hold steady with last month.
It was the highest level since February 2007 and the fourth month in a row sentiment has improved. The index has surged by more than 20 points since last summer, though it is still far from the 50 mark that shows more builders view market conditions as favorable than poor.......
Click Below for Full Article
http://economywatch.nbcnews.com/_news/2012/08/15/13296170-home-builder-confidence-hits-five-year-high?lite
Thursday, April 12, 2012
Market Update March 2012 BHC AZ
With spring in the air, the Bullhead City, Fort Mohave and Mohave Valley real estate market is coming into bloom. Sales activity continues to flourish in spite of dwindling housing choices. Active homes on the market are down 30% over last year’s average. March sales numbers were strong with 93 single family homes closing escrow. Average and median sales prices saw a boost during March over February and January sales prices as well.
Buyers are becoming increasingly frustrated with only 276 homes to choose from, another 187 that are under contact and 93 closing escrow during March. Add the pending homes and the closed homes bring us to 50% of the homes on the market are experiencing some sort of sales activity. Regular home owners with their homes on the market gain traction as they are optimistic that the gap between their asking price and sales price gap will narrow in the coming months
Foreclosure shadow inventory continues to be elusive as to whether it will emerge in our Bullhead City, Fort Mohave and Mohave Valley markets. Foreclosure home sales claimed 42% of the market which was down over from 2011 average of 51%. As discussed in last months newsletter we await the increase in average and median sales prices to emerge during 2012.
Many of you have emailed requesting an update on the ENN Solar Project in Laughlin. News regarding the project has been little to none. I am not too surprised as ENN under strict guidelines and time line to satisfy their end of the contract. The Laughlin Times did have a small repetitive article yesterday.
http://www.laughlintimes.com/articles/2012/04/11/news/local/news998.txt
www.bhcrei.com
http://www.realliving.com/Steve-Kuncho-Real-Estate-Agent
Buyers are becoming increasingly frustrated with only 276 homes to choose from, another 187 that are under contact and 93 closing escrow during March. Add the pending homes and the closed homes bring us to 50% of the homes on the market are experiencing some sort of sales activity. Regular home owners with their homes on the market gain traction as they are optimistic that the gap between their asking price and sales price gap will narrow in the coming months
Foreclosure shadow inventory continues to be elusive as to whether it will emerge in our Bullhead City, Fort Mohave and Mohave Valley markets. Foreclosure home sales claimed 42% of the market which was down over from 2011 average of 51%. As discussed in last months newsletter we await the increase in average and median sales prices to emerge during 2012.
Many of you have emailed requesting an update on the ENN Solar Project in Laughlin. News regarding the project has been little to none. I am not too surprised as ENN under strict guidelines and time line to satisfy their end of the contract. The Laughlin Times did have a small repetitive article yesterday.
http://www.laughlintimes.com/articles/2012/04/11/news/local/news998.txt
www.bhcrei.com
http://www.realliving.com/Steve-Kuncho-Real-Estate-Agent
Thursday, May 20, 2010
. FORECLOSURE FORECLOSURE FORECLOSURE .
FORECLOSURE FORECLOSURE FORECLOSURE
In the Bullhead City and Fort Mohave areas real estate used to be all about location location location; and still is a priority for buyers as it should be; now it’s all about foreclosure foreclosure foreclsoure then location. In the current economic times over the past couple years foreclosures have hit a wide range of incomes and a wide varietyof home price ranges; from luxurious riverfront homes to single wide trailers and everything inbetween. Buyers typical first words when they start to work with a realtor are usually something in the way of “what do you have for foreclosures” or “can I get a list of foreclosures” then they start to speak of real estate or home locations inwhich they are looking. For awhile now sellers have come to realize that they have to try and compete with these foreclosures price wise to sell their homes as well. The condition of the foreclosure homes are in a wide variety range too, from a condition of what you may be hearnig about on national television; having appliances removed, toilets ripped out, etc. to a foreclsoure home that is in immaculate new like condition. Like with any real estate purchase it is wise to have a thorough inspection of the home during your due dilligence period no matter what the condition of the home. Buying a foreclosure home may or may not be for you; but there is a large variety of foreclosed homes to choose from; whether you’re looking for a ‘rehab’ or ‘move in condition’ or something inbetween; a vacation home, rental property, or maybe your primary home. For more information or assistance on foreclosure properties or the area real estate market; feel free to send me a message or give me a call.
Search For Foreclosure Homes
Foreclosure Repos List
In the Bullhead City and Fort Mohave areas real estate used to be all about location location location; and still is a priority for buyers as it should be; now it’s all about foreclosure foreclosure foreclsoure then location. In the current economic times over the past couple years foreclosures have hit a wide range of incomes and a wide varietyof home price ranges; from luxurious riverfront homes to single wide trailers and everything inbetween. Buyers typical first words when they start to work with a realtor are usually something in the way of “what do you have for foreclosures” or “can I get a list of foreclosures” then they start to speak of real estate or home locations inwhich they are looking. For awhile now sellers have come to realize that they have to try and compete with these foreclosures price wise to sell their homes as well. The condition of the foreclosure homes are in a wide variety range too, from a condition of what you may be hearnig about on national television; having appliances removed, toilets ripped out, etc. to a foreclsoure home that is in immaculate new like condition. Like with any real estate purchase it is wise to have a thorough inspection of the home during your due dilligence period no matter what the condition of the home. Buying a foreclosure home may or may not be for you; but there is a large variety of foreclosed homes to choose from; whether you’re looking for a ‘rehab’ or ‘move in condition’ or something inbetween; a vacation home, rental property, or maybe your primary home. For more information or assistance on foreclosure properties or the area real estate market; feel free to send me a message or give me a call.
Search For Foreclosure Homes
Foreclosure Repos List
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