Havasu Housing Market

[AFD]

Is it totaly dead or still on life support?? Seems to be alot of inventory and very few sales.

[OverKill]

Flat line :skull:

[HocusPocus]

everytime i go there seems to be more and more for sale signs up. :crossx:

[SummitKarl]

New starts = code blue!!
Resales = life support
Additions = stable

[ChumpChange]

I sold my house in Havi for $325,000 in February. Due to some issues, the couple that bought the house from me wants to sell it already. They have not been able to sell it for even $295,000 at this time. Ouch.

[EmpirE231]

Looks like might be time to get a house out there in the next 4-8 months :crossx:

[SummitKarl]

Looks like might be time to get a house out there in the next 4-8 months :crossx: the two groups that purchase most of the housing do it at the end of their respective seasons.
Boaters = late summer
Snow birds = late spring
and interest rates still look favorable
right now...there are a heck of allot of high dollar boats for sale, I am guessing that there could be some correlation there :idea:
we will see come February what the snowbirds have to say..http://www.***boat.com/image_center/...unno-thumb.gif
typically (even in the boom) Nov-Feb is and has always been slow

[HocusPocus]

right now...there are a heck of allot of high dollar boats for sale, I am guessing that there could be some correlation there :idea:
i would bet on it. its going to be interesting to see what happens.

[AFD]

Seems that most new home there in the past few years have been vacation homes paid for by home equity loans. Now that the rates on the HELOC's are getting higher and higher the outlook is not good.

[AFD]

i would bet on it. its going to be interesting to see what happens.
Can I get some action on that as well?? Sad to say that there are a whole lot of folks that have leveraged their homes to buy toys they could never afford. Amazing what some folks will do to be in the cool crowd.........