Schwab Realty Deedee Schwab
Bullhead City, AZ
928-727-1607
deedeeschwab@yahoo.com
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Real Estate News in Bullhead City - February 2nd, 2017
It is a Seller's Market! Inventory is low and the prices are climbing along with the interest rates...hurry and make a purchase before it's too late! We have many new projects happening here in our area! Come join the fun that this resort style living has to offer! With 2 Lakes, and a River with 11 Casinos on it, we have an abundance of things to do and enjoy and our climate is very moderate! Call me to get your home search set up! Make the move and live the life you love!

Real Estate News in Bullhead City May 11, 2016 - May 11th, 2016
Inventory is dwindling! Interest rates are climbing and so are prices! Contact me to set up a customized search of homes for you here in the Bullhead City area! Please let me know when you will make a trip to our area as I want to be available to show you homes when you are ready! Thank you, Deedee Schwab, Schwab Realty!

News for Bullhead City, AZ - February 7th, 2016 11:07am
Inventory is dwindling! Interest rates are climbing and so are prices! Contact me to set up a customized search of homes for you here in the Bullhead City area! Please let me know when you will make a trip to our area as I want to be available to show you homes when you are ready! Thank you, Deedee Schwab, Schwab Realty!

News for Bullhead City, AZ - July 1st, 2015 5:38pm
The market is on an upswing; so get the good deals before they are gone!! Inventory is so so and the interest rates are starting to climb...! Contact me to set up a customized search of homes for you here in the Bullhead City area! Please let me know when you will make a trip to our area as I want to be available to show you homes when you are ready! Thank you, Deedee Schwab, Schwab Realty!
National Market Conditions
2017 3rd Quarter Market Report: Home Sales and Prices Hit a Wall

The 3rd quarter of 2017 ended with not much of a change from the 2nd quarter. Home sales are down slightly and home prices continue to rise with median home prices up 4.2% year over year, but down from the second quarter's 6.2% increase. The primary reason for the slow-down in sales is the limited number of homes for sale, higher prices and less buyers being able to afford to buy a home.

The most notable change in the 2nd quarter was a shift in the amount of buyer activity declining 16% from last quarter. Additionally we found a significant change in the amount of price appreciation. Although 91% of the markets reported price appreciation there was an 11% shift from those markets reporting 5-10% appreciation and over 10% appreciation to those markets reporting under 5% appreciation.

According the National association of Realtors (NAR) existing home prices were up 4.2% over last year; the inventory of unsold homes is at a 4.2 month supply and 48% of all homes were sold in under one month. Still home sales dropped overall due to the low inventory of homes for sale.

The data in this report is generated primarily from our survey of HouseHunt.com and MoveUp.com exclusive member real estate agents across the United States. This grass roots approach to studying the housing market gives us a thorough look at where the real estate market is through the eyes and perspective of the local real estate agents who are living and working in the trenches of each community.

Buyer and Seller Activity
The trend in buyer activity is significantly higher than seller activity, however there was a definite downward trend in the number of markets continuing to show increasing buyer activity in the 3rd quarter. Our Realtors reported increasing buyer activity in 73% of the markets - down 16% from last quarter, but up 7% compared to last year. Seller activity was increasing in 49% of the markets in the 3rd quarter which was no change from the 2nd quarter, but up 9% over last year.

...Read Full Article
Spring 2018 Market Update
If you can qualify, now is an exceptional time to buy a home in Bullhead City. Low rates with good home prices makes a home purchase a great value! Call now for more information at 928-727-1607 or email to: deedeeschwab@yahoo.com
Average Sold Home Price: $225,000

Average Time on Market: 10-30 days

Best Selling Price Range: $150,000 - $199,000

Existing Home Prices for the past 90 days: Increasing

Market Trend: No Change

Buyer's or Seller's Market: More buyers than sellers

Buyer Activity for the past 90 days: Increasing

Seller Activity for the past 90 days: No Change

Multiple Offers? Yes

What Percentage of the Current Housing Inventory are Foreclosures and/or Short Sales? 0-5%

Is Financing Available For Qualified Buyers? Yes

Housing Inventory: Limited Supply

Greatest Activity: Repeat Buyers

Best reason to buy or sell: Good economic news

Nearest Metro Area: Las Vegas

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Deedee Schwab
928-727-1607
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Mortgage Rates for Apr 26th, 2018
30 year fixed rate: 4.58%
15 year fixed rate: 4.02%
30 year jumbo rate: 4.03%
15 year jumbo rate: 4.51%
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Real Estate Professional, Deedee Schwab Deedee Schwab
Schwab Realty
Specializing in Bullhead City Real Estate
5300 Downey Road
Bullhead City, Arizona 86426
928-727-1607
Email Me | Receive New Listings by Email
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(Because current market conditions can change rapidly in any given marketplace,
please check with Deedee Schwab for current Bullhead City, AZ market conditions before acting on this information.)
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