Pete Doss

REALTOR

 
Specializing In:
Bullhead City • Ft. Mohave • and Mohave Valley • AZ
Ethanol Comes to Bullhead City
Tuesday, July 15th 2008
An interesting development locally with the price of gas includes the recent addition of Ethanol at the local Terible Hurbst station in Bullhead City. Being ignorant of the technical aspects of ethanol I can't say if it provides better or worse fuel efficiency but, I can say that it's selling for 32 cents a gallon cheaper than regular unleaded!!

Personally, I think the ethanol craze is one of those events when no one considered the Rule of Unintended Consequences. Consider the change in the price of an ear of corn at your local grocery store. Two years ago by this time in July ear corn sold for at least 12 ears for a dollar. Last July the best price (locally) was 6 for a dollar and so far this year an ear of corn is about 49 cents!?!? Some articles I've read recently seem to indicate that there is a HUGE future in being able to make ethanol from algae which is easier and more cost effective to produce.

I did have an interesting experience recently with a rental car from Hertz that was an E85 Flex Fuel vehicle. On a vacation trip from Bullhead City to Blackfoot & Sun Valley Idaho we thought "Wow, we'll be able to save a few bucks on gas!" Well, it seems that on our entire route we were only able to locate one E85/Ethanol station........the one in Bullhead City!!!! Seems that ethanol is totally unavailable in the state of Utah where we did most of the driving & bought most of the fuel! And, yet, the price of corn is as high in Utah as it is any where else!?!? Go Figure.
ARE ALL REAL ESTATE MARKETS EQUAL?
Tuesday, July 1st 2008
Just what IS the Real Estate Market you might ask? Well....that is going to depend entirely on WHERE you are talking about!

Geez Pete! That sounds like a lot of double speak doesn't it? Well... not really. You see not all Real Estate Markets are created equal. It has been recognized, but NOT widely published, that "the Real Estate Market" that you read about in the newspaper or on-line or hear about on the evening news is NOT a single "one size fits all" national market. Real Estate Markets are individual and unique in each and every area of the nation.  Yep!! That means that Bullhead City's Real Estate Market is entirely different from Las Vegas, Phoenix and Southern California. It's even different, significantly, from neighboring towns like Lake Havasu City or Kingman! If nothing else, we have the Colorado River running through town!?

What this should mean to a consumer is that the only way to really get a handle on "a real estate market" is to consult with someone  knowledgable and experienced with what's going on in that market. What's happened in a particular market in the last 30 days? 90 days? How do current sales statistics stack up to statistics for the same time a year ago? These are all questions that can only be answered by someone paying attention to THAT market over a period of time.