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AZ real estate market
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Ed Boysun
Posted 11/13/2014 11:00 (#4175267 - in reply to #4175220)
Subject: RE: AZ real estate market



Agent Orange: Friendly fire that keeps on burning.

I watch the market in LHC some. As compared to a couple years ago, foreclosures are way down. There is a lot of home building going on, as compared to last year. The low-ball, 50 cents on the dollar deals have dried up. So even though the super deals are gone, I haven't seen a great leap in property values either. Pretty nice 11 year old, 1675 sq. ft. home with pool spa, and finished backyard just up the street from us is listed at $249K. I wouldn't want to offer them $230K or I might have 2 houses here.

Google "3365 Medicine Bow Dr. Lake Havasu City" for more info on that one. About my only knock on it is it only has a 2 car garage - no place for boat and RZR, so I'll keep what we've got.

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