Cool weather is arriving as fall approaches!
Our country experienced more than its share of stomach churning emotional and financial challenges during the month of August 2011. Hurricane Irene pelted the East coast and the stock market experienced deep sell offs. US downgrade shook consumer confidence and job creation is at a near standstill. Are you ready for some good news?
The Bullhead City, Fort Mohave and Mohave Valley communities along the banks of the Colorado River are a welcoming retreat. Last month Bullhead City enjoyed the largest attendance for the River Regatta in its short history. Over 29,000 people walked to the banks, pushed out in their home made or locally purchased rafts to enjoy old fashioned fun as they treated themselves to a slow float down the river! Water fights, laughs a good time was had by all!
Considering the volatile market conditions affecting our country, Bullhead City, Fort Mohave and Mohave Valley real estate market continues to move at its own small town pace toward recovery. Year over year, homes for sale on the market have dropped from 525 to an unbelievable low of 328. Fewer foreclosure sales may account for this decrease. August 2010 experienced foreclosure sales accounting for 65% verses 56% of the market during August 2011. More good news, average days a home was on the market before selling dropped from 136 to 98. Average sales price gently moved in the right direction from $108,000 during August 2010 increasing to $110,000 during August 2011. While all indications appear good, it is too soon to call as researchers continue to report that there is a large shadow inventory looming.
Real Living Country Ranch Agents, continue to provide their customers and clients the premier service and results they are looking for. Although small in number, the collective efforts of the 19 dedicated Real Living Country Ranch Agents allows our company to hold a strong number 2 position in the local real estate market. We continue to successfully help sellers sell their homes when foreclosures are the competition! We understand the challenges and are constantly looking for ways to outperform in this real estate recovery and get you the results you desire.
Next time you visit the app store, search for Real Living Country Ranch and download our free app! The app is also available for your iphone or Android. Searching for real estate in our area has never been easier!
Thank you for you support and referrals! With your support and referrals, we will continue to help your friends and family achieve their real estate dreams.
Real Living Country Ranch Android App
Real Living Country Ranch Iphone App