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June Sales Report

 

JUNE Final Sales
Single Family is what most of you are buying and sales dipped a bit seasonally by 6% over May. We are up 22% over 2009 so this continues to be a strong year for sales.
The average list to sell ratio remains at 96% which means we are getting close to full price on most of our properties. The most negotiating room continues to be in 2 bedroom 2 bath homes. The least negotiating room is in a 3 bedroom home.
Land is selling strong with the average sale rice at $52,732. Overall the sales price in this category is still down 26% over 2009 pricing.

We sold 7 multi-family units and this category is doing better than in 2009. We can find you a nice duplex for $200,000 or less right now.
The volume of foreclosures sold each month is getting smaller. Foreclosures represented 36% of our total month single family sales last month. We have had months where this volume was close to 60%. A lot of buyers are finding the right home without going through the process of often times bidding wars and competing with investors for these properties.
What will your dollar buy you right now?
If you want to buy under $100,000 you have 35 choices today. Most of these are foreclosures and all of them need some work but we can find you one where paint and carpet and some minor fixes are all that is needed. Make sure to take the time you need to find a good one.
If you are looking for a pool home we have 246 of these and 100 of them are newer than the year 2000. Take a look at the highlighted home on page 3 for the newest one listed by The G Force.
In the RV Garage category we have over 100 of these starting in the mid $200,000 range.

I have a favorite duplex right now. It is a short sale priced at $168,000 AND it has a pool on one side!
It is a great time to build again if you are up for it. We can find you a lot under $50,000 and builder prices start at about $130,000. 
 
 
 
 

What are you buying this summer?

*  Homes priced under $140,000 is the most popular category.
* 2 Bedroom homes are popular again with lower prices and more negotiation room driving this statistic. 

See Complete July Newsletter http://idx-images.cisdata.net/acnt/images/455/AR287455/file_manager/JULY_NEWS.pdf



 

Testimonials

We feel so fortunate to have found Brenda & Willie to assist us in navigating the real estate market in Lake Havasu. They sold our house in 3 days and worked hard to find the perfect upgrade home for our needs. We look forward to a long working relationship with the G-Force! Don & Kelley Latterell June 2010
WOW! How can we thank you enough. We had a great experience with you as our Realtor and we will definitely recommend you to our family, friends and strangers too. We felt very comfortable and I was very confident that you had a good feel for the type of house we wanted. We also felt we were just as important to you as your buyers who were in the market for higher end property. Thanks you for that. You and Willie make a great team and have both gone beyond what is normally expected of an agent and we appreciated it. We are totally happy with our house and look forward to many years of vacation and down time in Lake Havasu City. Con and Stacey 2010
We can say from experience; the “G-Force” is the force to be reckoned with (and worked with) in Lake Havasu! Brandi and I could not be more pleased with the services, support, care and attention you provided. It was evident from the start that we were working with true professionals. Thank you again for your personal care and attention to our purchase. We will, and have already, gladly refer our friends and family to you in the future. We would welcome calls from anyone considering your services. Dan and Brandi July 2009
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