Team Deschacht's Blog

State of the Community: The Residential Market

Chris Deschacht (US Southwest) — Tue, 11 Mar 2008 16:21:04 -0500

Well, it's here...

We just completed the PowerPoint presenttation about the Residential Real Estate market in Bullhead City, AZ.

The PowerPoint presentation is available for download of our website at www.teamdeschacht.com/localtrends

I hope you enjoy the presentation as much I we did preparing it (OK...some sarcasm here. We did have a good time with it though.)

The presentation will be given at the Bullhead City Chamber of Commerce on 03/12/2008 at 7.00 pm local time. We will try to video tape the presentation and later attempt to stream it on our website.

Boy, we've sure come a long way with technology...can you imagine doing any of this stuff with a 14.4K modem...lol

Have a great day

Not all doom and gloom

Chris Deschacht (US Southwest) — Wed, 27 Feb 2008 17:34:01 -0600

Some interesting numbers were just recently released.

In a report showing Real Estate prices from 150 MSA's (Metropolitan Statistical Areas) a total of 73 MSA's showed 4th quarter price increases.

Fourth quarter price increases ranged from a modest 0.1% to an impressive 19%.

As in the past, the Real Estate market is correcting itself. One of the characteristics of the Real Estate market as a whole is that it is slow to adjust.

Interesting enough, data I personally analyzed showed that if you purchased a home in Bullhead City at the average sales price in 2004, by the end of 2007 you would see an appreciation rate of 54.1%.

We were asked by the Bullhead City Regional Economic Development Authority to give a presentation on the State of the Community. As soon as the Powerpoint presentation is done I will make it available on our website for download. The numbers don't lie...things are starting to level off.

Chris

Active Rain - We're here...

Chris Deschacht (US Southwest) — Tue, 19 Feb 2008 12:55:52 -0600

Well, here we are...we just joined the community of Active Rain users.

70,000+ and going strong...

Stay tuned for exciting posts regarding general and local real estate information.

We would love to here comments or suggestions on topics you would like to see.

Visit our website at www.teamdeschacht.com and check out our blog there as well...

Have a great day...

Chris & Jenn