lake havasu real estate: Lake Havasu Festival of Lights 2022
- 11/23/22 09:58 AM
I hope last weekend's Sand, Water, and RV Expo got you pumped for springtime fun. It's never too early to start planning your next outdoor adventure! But first, Thanksgiving. If you are entertaining out-of-town guests, take them to the Lake Havasu Festival of Lights. Now in its 27th year, the Festival of Lights is a time-honored tradition to ring in the start of the Christmas holiday here in the desert.
Lake Havasu Festival of Lights 2022Beginning at dusk on Friday, November 25th, the Old English Village, the London Bridge Resort, the Bridgewater Channel, and even the London Bridge herself shine with twinkling … (2 comments)
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lake havasu real estate: Lake Havasu Sand Water and RV Expo 2022
- 11/16/22 12:09 PM
Havasu's weather has begun to cool off. For us, that means highs in the upper-60s. It's looking like it will be another beautiful, sunny Thanksgiving. But before you carve that turkey next weekend, make plans to visit the Lake Havasu Sand Water and RV Expo 2022 this weekend.
What: Lake Havasu Sand Water and RV Expo 2022
Where: Lake Havasu State Park, Windsor 3 & 4
When: Nov 18th (11 am to 5 pm) & Nov 19th (9 am to 5 pm)
Admission: $8 per adult, FREE for kids ages 6 and under (cash only)
Lake Havasu Sand Water and RV Expo 2022Whether … (1 comments)
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lake havasu real estate: Homeowners Insurance vs Home Warranty
- 11/09/22 11:28 AM
When purchasing a new Lake Havasu home, it is important to do in-depth research on all facets of the home buying process. One thing you’ll need to understand is how to best protect yourself and your investment in case anything goes wrong. Check out the information on homeowners insurance versus home warranty below to educate yourself on your options.
Homeowners Insurance vs Home Warranty: What's the Difference?Homeowners InsuranceHomeowners insurance pays for any accidental damages and loss that are caused by fire, lightning strikes, windstorms, and hail. However, damage from earthquakes and floods is typically not covered. It also covers the replacement of … (1 comments)
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lake havasu real estate: Havasu Side x Side Poker Run 2022
- 10/26/22 01:09 PM
Here in Lake Havasu City, we love any excuse to play outdoors. When you add a bit of gambling into the mix, it makes things really interesting. In the spring, we have the Desert Storm Poker Run. In September, the Monster Storm Poker Run. But if you still want more, let me guide you to a little thing called the Havasu Side x Side Poker Run. Still in it's infancy, this poker run may give the bigger events a run for their money soon.
What: Havasu Side x Side Poker Run 2022
Start/Finish Line: Anderson Toyota (6510 Showplace Ave)
When: Saturday, November … (0 comments)
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lake havasu real estate: Home Selling Tip: Two Truths and a Lie
- 10/19/22 12:26 PM
After a booming couple of years, the market appears to have shifted lately from a hot seller's market to one more in the buyer's favor. That means that sellers need to shift their thinking to accommodate current real estate trends. My home selling tip this week helps you separate fact from fiction and tells you how to avoid losing out on a sale.
Home Selling Tip: Two Truths and a LieTruth #1 - Rising Interest Rates May Hurt a Home SaleHome buyers became used to extremely low interest rates over the past couple of years. That is one of the reasons that … (1 comments)
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lake havasu real estate: Buyer's Guide to a Home Appraisal
- 10/12/22 01:15 PM
You’ve found your dream Lake Havasu home. Now it’s time to cross all your "T"s and dot all your "I"s before it becomes all your own. One of the first items on your closing checklist? The home appraisal. So, what exactly is that?
Buyer's Guide to a Home AppraisalThe home appraisal is essentially a value assessment of the physical home and the property it sits on. First, a certified third party conducts the appraisal. Then, the report generated is used to determine whether the home is priced appropriately.
During a home appraisal, the appraiser conducts a complete visual inspection of the interior and … (3 comments)
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lake havasu real estate: Lake Havasu Market Report for September 2022
- 10/05/22 10:34 AM
Looks like the local real estate market now favors the buyer. According to the Lake Havasu Market Report for September 2022, prices fell for the second month in a row. While music to home buyers' ears, increasing mortgage rates still put a crimp in many buyers' budgets.
Lake Havasu Market Report for September 2022September 2022 Property SalesOur local MLS reported a total of 118 properties were sold in September 2022. That marked a 49.4% decrease from September 2021's totals. It's also the lowest total monthly sales so far this year. Active listings rose for the seventh month in a row. Reports showed … (3 comments)
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lake havasu real estate: Easy Landscaping DIY Projects
- 09/28/22 12:17 PM
Landscaping. In Lake Havasu. Pretty simple, right? Well, if you want to sell your Havasu property anytime soon, you need to think about how the outside of your home looks to potential buyers. Last week, I offered up some ideas for staging the inside of your home on a budget. But as summer gives way to fall and the temperatures (eventually) begin to dip down to a more reasonable level, you should think about getting your home's exterior into shape as well. These easy landscaping DIY projects might help you with some simple ideas that create a big impact once completed.
Easy … (6 comments)
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lake havasu real estate: Home Staging on a Budget
- 09/21/22 10:34 AM
In the latest Lake Havasu market report, home sales continued to fall. Some of this can be blamed on higher interest rates and the threat of a recession. We also saw prices begin to fall. With an apparent shift toward the buyer's favor, sellers cannot just sit back and wait for the offers to pour in. They need to stage their homes to highlight the positive and pull focus away from the negative. According to the National Association of REALTORS®, staged homes sell "three to 30 times faster than nonstaged (ones)" and may even bring the sale price up by as … (1 comments)
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lake havasu real estate: Monster Storm Poker Run 2022
- 09/14/22 02:02 PM
Lake Havasu City sits roughly an hour and a half drive from Laughlin and a two-and-a-half-hour drive from Las Vegas. If you really have an itch to gamble, Havasu Landing is located on the California side of the lake. But we love it most when you put gambling together with our love of the water. In the spring, it's the Desert Storm Poker Run. But Fall brings us the Monster Storm Poker Run 2022.
What: Monster Storm Poker Run 2022
Start/Finish Line: London Bridge Resort (1477 Queens Bay)
When: September 30th to October 2nd
Cost: FREE for Spectators
Contact: Storm Poker Runs, … (3 comments)
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lake havasu real estate: Lake Havasu Market Report for August 2022
- 09/07/22 01:25 PM
After a huge upward trajectory over the past two years, our local real estate market appears to be experiencing a "course correction". Month-over-month prices dropped off. Total sales remained unchanged. And inventory levels rose above three months for the first time in more than two years. What else does the August 2022 Lake Havasu Market Report show us? Read on to find out.
Lake Havasu Market Report for August 2022August 2022 Property SalesAccording to our local MLS, a total of 140 properties were sold in August 2022, the exact same number sold during the prior month. However, it marked a 32.7% drop … (1 comments)
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lake havasu real estate: What to Repair Before You List
- 08/31/22 11:20 AM
When you’re getting ready to list your Havasu home, it is of the utmost importance to ensure that you are showing it in the best light. Taking time to highlight its strengths and fix up some of its possible weaknesses can make a big difference in how fast it sells. This especially helps now that the Lake Havasu real estate market appears to be tilting back towards a more balanced level between buyers and sellers. Focus on these four areas that may need to repair before listing your home.
What to Repair Before You ListRepaint WallsGiving your home a fresh coat of … (2 comments)
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lake havasu real estate: Home Selling in a Balanced Market
- 08/10/22 11:31 AM
For the last couple of years, we saw home sales in Lake Havasu skyrocket. Sale prices rose even higher. But in the last couple of months, both sales and prices began to come down. We have now entered a balanced market. In fact, it may even be tipping towards the buyer's favor again. If you want to sell your Havasu home today, learn how home selling works in today's market compared to last year.
Home Selling in a Balanced MarketBidding Wars Are the Exception, Not the RuleIn the not-too-distant past, we saw several buyers bidding for a single property. Low inventory partnered … (3 comments)
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lake havasu real estate: Twisted Poker Run for Hav-a-Sis
- 07/27/22 12:36 PM
There is always something to do here in Lake Havasu. Boating. Fishing. Offroading. Camping. We also love our poker runs. Whether on land or on water, these events combine our active lifestyles with just a smidge of gambling. And it always benefits a local charity (or two). The Hav-a-Sis organization put together their own version for us called the Twisted Poker Run. And it sounds like lots of fun!
What: Twisted Poker Run
Where: Starts at Romano's (1519 Queens Bay)
When: August 6th, 2023, 1 pm check-in
Cost: $5 per person/vehicle
Contact: Hav-a-Sis (928) 830-5566 or via email
Twisted Poker RunAll participants in … (0 comments)
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lake havasu real estate: Which Down Payment Strategy is Right for You?
- 07/20/22 01:25 PM
You’ve most likely heard the rule that you need to save up for a 20% down payment before you buy a Havasu home. The logic behind saving 20% remains solid. It shows that you have the financial discipline and stability to save for a long-term goal. It also helps you get favorable rates from lenders. With interest rates on the rise, that translates to potentially saving tens of thousands of dollars. But there can actually be financial benefits to putting down a small down payment—as low as 3%—rather than parting with so much cash up front, even if you have the … (3 comments)
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lake havasu real estate: Home Selling Costs Explained
- 07/13/22 11:45 AM
When you buy a Havasu home, you know that you must pay for your down payment, closing costs, a home inspection, and an appraisal (among other things). But when you sell your home, you just sit back and collect the profits, right? Not quite. It costs money to sell your property, too. To help prepare you for what to expect, I have explained the most common home selling costs below.
Home Selling Costs ExplainedMarket PrepWhat do I mean by market prep? Whatever it takes to get your Havasu home ready to list. That includes any necessary repairs, landscaping, paint, flooring, etc. Buyers … (2 comments)
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lake havasu real estate: Top Tips for House Hunting Online
- 06/22/22 12:54 PM
Good news for Havasu home buyers! We've seen a rise in available inventory recently. An increase in inventory helps keep bidding wars at bay...at least for the moment. So, your chances of finding (and buying) a home go up as well. Hunting for a new home online is a great place to start your search. In fact, Statista shows that 95% of all home buyers in the US use their computers to search for homes online. But it should not be your end all be all. Good listing agents are excellent at highlighting the best features of a home. However, you … (5 comments)
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lake havasu real estate: Home Seller Pre-Inspection: Yay or Nay?
- 06/15/22 11:02 AM
When purchasing a Lake Havasu home, many buyers opt for a home inspection during escrow. I recommend this even for a new build due to the fact that you never know what may lurk just out of sight. However, a pre-inspection may also benefit a seller. On the flip side, doing so also includes a few drawbacks for the seller as well. So, should you get a home seller pre-inspection performed before you list your property or not? Weigh the pros and cons below before making your decision.
Home Seller Pre-InspectionPros of a Pre-InspectionThe positive aspects of a home seller pre-inspection include … (4 comments)
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lake havasu real estate: How Debt-to-Income Affects Your Chances for Mortgage Approval
- 06/08/22 11:10 AM
Our everyday lives can be stressful enough. But when you add buying a home to the mix, our stress levels soar even higher. Before you start looking for a Havasu home, I highly recommend that you talk to your lender to at least begin the pre-approval process. Why? This takes a little while and it allows you to jump in with an offer when you find a home you like. Next to a low credit score, the most common reason a mortgage loan is denied is due to the buyer's debt-to-income ratio. What is this and how does it affect your … (2 comments)
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lake havasu real estate: Lake Havasu Market Report for May 2022
- 06/01/22 09:36 AM
Inflation and the likelihood of a recession hitting us soon has many people concerned. Even with inventory slightly higher and sale prices cooling off slightly, higher prices at the pump and in the stores hit everyone's pocketbooks. In turn, this affected how much home buyers had to work with. The Lake Havasu Market Report for May 2022 reflected this with lower total sales.
Lake Havasu Market Report for May 2022May 2022 Home SalesAccording to our local MLS, a total of 202 Lake Havasu properties were sold in May 2022. That marks an 18.9% drop from the 249 sold in May 2021. It … (1 comments)
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I hope last weekend's Sand, Water, and RV Expo got you pumped for springtime fun. It's never too early to start planning your next outdoor adventure! But first, Thanksgiving. If you are entertaining out-of-town guests, take them to the Lake Havasu Festival of Lights. Now in its 27th year, the Festival of Lights is a time-honored tradition to ring in the start of the Christmas holiday here in the desert.
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