Bullhead City Real Estate | Homes in Bullhead City, AZ
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Direct: 928-758-8811
Office: 928-758-8811
Real Living Country Ranch
1858 Highway 95
Bullhead City, AZ
928-758-8811
Buy this home in time for summer fun on the Colorado River in Bullhead City Arizona.
Update for February 2011 sales
The Bullhead City, Fort Mohave and Mohave Valley local real estate market saw interesting movement during February. Although the number of closed escrows dropped from 78 in January to 62 for February, our market experienced an increase in homes going under contract. The number of single family homes going under contract during February rose 63% from the previous month. Not only was this a huge increase over January, this is more homes under contract than any other month during 2010.
Average ($127,354) and median ($115,400) sales prices were down from January. This is directly related to the fact that we saw a rise in the number of home sales that were under $150,000. 74% of the homes that sold during February were under $150,000. Interestingly enough the number of home sales that were foreclosure properties dropped to a low of 46% of the sales. I have been tracking the number of foreclosure sales since January 2009 and this is the lowest percentage of foreclosure sales we have seen during any given month.
This is encouraging news, but we expect to see foreclosure sales playing a large part in our 2011 local real estate market. Realty Trac reported today, a 36 month low in foreclosure notice filings which is down 27% from last year. Since Arizona is the number 2 state for foreclosures, this is really great news. It is too soon and there is not enough data to predict if foreclosure sales will continue to drop throughout this year but we remain hopeful.
Look for our new sign on the Highway and yard signs in the yards as our conversion from GMAC Real Estate to Real Living is in full swing. Our newly formed property management department is up and running. We now offer residential and commercial leasing as well as management services. Michele West is head of the department and is very excited with the amount of walk in traffic we are seeing. Michele and I attended the Southwest Regional National Association of Property Managers convention in Scottsdale last month. We brought back a wealth of knowledge and technology which we have put into place. If you have any leasing or property management needs, please give us a call.
Big news on a local level; the smoke stack at the retired electrical plant in Laughlin Nevada is scheduled to be demolished this morning. I expect it to be quite spectacular as implosion will take the huge stack down in seconds. Hence, the desert skyline returns back to Mother Nature. (see the pictures below)
Our phones are ringing at Real Living Country Ranch and we are busy matching buyer with sellers. As always we appreciate your referral business!
We are focused on your real estate success.
Michael and Petra Fahey
Real Living Country Ranch’s agents are changing the yard signs around town. Everyone loves the look of thge new signs! While we are busy in Bullhead City, Fort Mohave and Mohave Valley helping buyers and sellers achieve their real estate dreams, the Real Living website techs have been busy growing our website presence. This is great news for sellers looking to sell their home and buyers looking to buy their home. I would like to share an article on written by WAV Group WIN. (www.wavgroup.com)
www.reallivingcountryranch.com
Real Living is among the fastest growing franchise groups in the United States and have a track record of of impressive accomplishments. Today they represent more than 400 offices and more than 10,000 agents. Entrepreneur Magazine, Inman News, Swanepol Trends Report and a 96% satisfaction rating (As surveyed by QSC) among consumers are among the accolades. In an announcement today, they unveiled a new consumer facing franchise website developed by industry technology leader, LPS. LPS has been the technology provider for many leading broker organizations, including the supplier of website services to Home Services of America, a Berkshire Hathaway company.
WAV Group sees this a a major game changer among Broker and Franchise websites. Real Living has a large footprint of brokerages across America, that will now be laced together through this new web property. Strategically, they have taken a page out of the RE/MAX and Century 21 web strategy handbook, powered by eNeighborhoods. The model is that consumers who search on the RealLiving.com website are dynamically and seamlessly redirected to a local office website where IDX listings are viewed.
According to WAV Group WIN Reports, Realliving.com is already climbing the rankings of the most popular consumer real estate websites in the country. According to Experian Hitwise, Realliving.com moved up from a traffic ranking of 340 in the United States to a ranking of 311 in a matter of 2 weeks, reporting a unique visitor count of just over 39,000 visitors a week. They have seen an even more dramatic lift in page views, which relates directly to engagement. Again, over a two week period, realliving.com has moved from a ranking of 433 in America up to 373 with a promising result of 211,000 page views per week. In looking at the success of other LPS driven web properties like edinarealty.com and socalmls.com, our forecast is that they will drive higher on this performance over time as the new site engages consumers at a deeper level as a result of the deep property centric information provided around each listing. This is already bearing out in the Time Per visit category where realliving.com has moved from a rank of 815 up to 596 in the real estate category with an average time per visit of just under 10 minutes. As a benchmark, SocalMLS.com is the top real estate website in the United States in time of visit of 56 minutes. (note: SoCALMLS is also powered by LPS)
Key new features on the site include:
•Social Network integration to share property on Facebook, linkedin, twitter, etc
•Alll IDX data
•WalkScore
•Housing Values, area demographics, economic data, school information, environmental, quality of live, mapping
•Mortgage information
•Rate this house (lets consumers keep track of their favorite homes)
Listing Syndication for Real Living is now being managed by LPS Data Vault rather than other syndication providers, Point2 or ListHub. According to Matt Kaufman of Real Living, Data Vault has many advantages that meet their needs including minimizing the complexity of directing consumers to the desired listing detail page; economic advantages; robust reporting on traffic sources across syndication sites, and most importantly – Data Vault has a full featured data rights management platform that allows RealLiving to keep control of their listing information out on the syndication sites and control the timelines and accuracy of those listings.
Avg. Sales Price: 12500
Avg. Days on Market: 138
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