Pete Doss
REALTOR
Specializing In:
Bullhead City • Ft. Mohave • and Mohave Valley • AZ
Bullhead City • Ft. Mohave • and Mohave Valley • AZ
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.
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.