Currently the average time frame from listing a house to going to escrow he is right around 90 days and currently 1/3 of the homes that go into escrow fallout and go back on the market
What's the average real estate agent do in selling a house?
That's kind of loaded question as far as what I mean there's a lot that gets done We would need to break it down. Do you mean in terms of marketing someone's property for sale?
Does real estate agents make a lot of money?
Nope.
Go ahead take 90 hours of schooling pay all your fees get licensed go to your local board pay those fees and your into it for about $2100. 90 hours of class time plus. 75% of all agents made no money last year look it up
What is the going rate for rent in Lake Havasu City?
Depends upon a size of the property or house that you're in along with what shape it's in age of the property there's a lot of factors. I will say that I don't know of any investors making a lot of money off of rent here.
Is owning a rental home a good idea in Lake Havasu City?
It depends on many factors the property the tenants tax write-offs and how long you plan on holding the property everybody situation is different and it's more financial advice
someone recognized me and asked me how long does it take to sell a house they put a house on the market at a fair price, how long should it take to sell
Probably around 60 days depending upon the conditions and things most people want in a home
In Lake Havasu City what is it that most people want in a home? Single story, RV garage, swimming pool, updated, move-in ready, easy to maintain, newer, Nice neighborhood,...
I get asked what's the going rate for a decent home in Lake Havasu City I try to get them to you identify what a decent home is then they'll say average of course so I'll say sure 20-year-old three bedroom 1,500 ft² home is around $550,000
People often ask me questions that is realtors or real estate professionals we generally cannot or should not answer those questions are usually about demographics and if you want the answer to demographics simply go to Wikipedia demographics Lake Havasu City
Across United States approximately 75% of homes are bought with a home loan 25% in cash here in Lake Havasu City that number drops to around 45 to 50% are bottle of a home loan or as 50 to 55% are bought with cash
People ask me all the time when I think interest rates are going to drop. why do they have to drop and if you think they're going to drop like a year or two years down the road there's ways of buying a house creatively speaking interest wise
Lake Havasu City is known kind of as a resort town a vacation town a snowbird town all sorts of different ways people know Lake Havasu City people vacation here all the time and during the COVID time Airbnb business was overwhelming as we didn't shut down and we're got out.
It actually hinders an economy more often than not to have a snowbird city than to have a consistent city what happens is the City grows during the winter time and contracts during the other months which makes a lot of places not want to open a business because the inconsistentcy
Typically we see Canadians buying the property or two every month here in Lake Havasu City and this year I think I've only seen one buying. Do not know if there's much of an economic impact on Canada whereas the money just isn't as loose as it used to be.