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Market Trends
Commentary Provided byDeedee Schwab If you can qualify, now is an exceptional time to buy a home in Bullhead City. Low rates with falling home prices makes a home purchase a great value! Call now for more information at 928-768-4242 or direct cell connection: 928-727-1607 or email to: deedeeschwab@yahoo.com |
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| Report Date | Fall 2009 | ||
| Nearest Metro Area | Las Vegas | ||
| Buyers’ or Sellers’ Market | More buyers than sellers | ||
| Average Time on Market | 60-90 days | ||
| Market Trend | Decreasing | ||
| Housing Inventory | Good supply - Some Prices | ||
| Average Home Price | $125,000 - View Graph Trend | ||
| Best Selling Price Range | $100,000 - $149,000 | ||
| Worst Selling Price Range | $1,000,000+ | ||
| Compared to Last Year | Down 20-25% | ||
| Prices As % of Asking Price | 90-95% | ||
| Multiple Offers? | Yes | ||
| Multiple Offers Commentary | half the sellers are banks (foreclosures) and if the asking price is competitive then we are seeing multiple offers on one property. | ||
| Greatest Activity | Repeat Buyers | ||
| Buyer Activity for the past 90 days in Bullhead City is | Increasing | ||
| Seller Activity for the past 90 days in Bullhead City is | Increasing | ||
| Is Financing Available For Qualified Buyers in Bullhead City? | Yes | ||
| Comments on Financing For Qualified Buyers | Please contact me as there are many loan programs to choose from in today's active real estate market! | ||
| Existing Home Prices for the past 90 days are | Decreasing | ||
| What Percentage of the Current Housing Inventory are Foreclosures and/or Short Sales? | More than 50% | ||
| Housing Hot Spots | Most cities within the Mohave County area are considered 'Housing Hotspots' | ||
| Reason to Buy/Sell | Lower prices with good selection and competitive interest rates creates a perfect time to buy in Bullhead City! | ||
| Average Sold Price | $125,000 - View Graph Trend | ||
| National Real Estate Market | |||
| National Summary: National Housing Market Recovery Near? Latest HouseHunt Random Survey Finds Encouraging Signs - First Time Buyers Taking Advantage of $8,000 Tax Credit Like the legendary phoenix which rose renewed from its ashes, the U.S. housing market appears to be on the verge of emerging from the worst real estate market in three years. Several encouraging signs are there. Click here for full article... | |||
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Deedee Schwab
Schwab Realty Bullhead City, Arizona 928-727-1607 deedeeschwab@yahoo.com Agent Home Page
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Bullhead City Local News
News for Bullhead City, AZ - Monday October 12th, 2009 3:36pm
Prices continue to reduce and interest rates are still low so now is definitely the time to buy! Lots of inventory to choose from...the market is starting to strengthen and the prediction for a turn around in pricing is still unsure...get your value purchase while the prices are good right now before they start to increase again! Call or email me as to when you can get out to Bullhead City to look at those listings you have been looking at! Deedee Schwab 928-727-1607 or deedeeschwab@yahoo.com
News for Bullhead City, AZ - Thursday August 6th, 2009 4:46pm
There is a new government program for purchasing FORECLOSURES in Arizona! There is a 22% Subsidy of a 2nd mortgage with no payments and it is a totally forgiven loan in 5-15 years depending on the amount! This is not a first time home buyer's program, you can qualify in the State of Arizona if you have rented your primary residence for the last 12 months and if you are relocating here from out of state to make an Arizona home your primary residence then there is no waiting time! THIS PROGRAM IS OFFERED BY HUD AND IS ONLY AVAILABLE UNTIL SEPTEMBER 16, 2010 OR UNTIL THE MONEY RUNS OUT, WHICHEVER COMES FIRST! DON'T MISS OUT ON THIS GREAT OPPORTUNITY TO BUY A FORECLOSURE IN THE STATE OF ARIZONA! WE HAVE MANY FORECLOSURES HERE IN THE BULLHEAD CITY AREA! CALL ME TO SEE IF YOU QUALIFY FOR THIS GREAT PROGRAM, CHANCES ARE YOU DO! TALK TO YOU SOON: DEEDEE SCHWAB SCHWAB REALTY 928-768-4242 OR deedeeschwab@yahoo.com HURRY HURRY!


