Opportunities to purchase real estate in Arizona and beautiful Lake Havasu City are now.
Opportunities to purchase real estate in Arizona and beautiful Lake Havasu City are now.
Lake Havasu City, Arizona is nestled amidst desert peaks of the Colorado River bordering California and Arizona - Home to the world-famous London Bridge; this is a water lover's paradise and a desert lover's dream with a rare segment of tranquil, jaw-dropping desert scenery.
“Many Canadian buyers have been contacting our company”, said Dean Baker owner/Broker of Lake Havasu City Properties. “They are currently buying in Lake Havasu City for several major reasons. The dramatic drop in real estate values due to the subprime mortgage crisis and the high number of bank foreclosures has made all of Arizona an ideal place and time to invest. Lake Havasu is also a City that overlooks a spectacular Lake, has an average rainfall of 3.82 inches per year and an average temperature of 88 degrees or 31C. The average home value for the second quarter of 2008 was $252,636 down 18% over the same period last year. There are few Cities in the states where you can purchase real estate that overlooks a lake, has barely any bugs, low humidity, little wind, almost 365 days of sun in the mid $250,000 price range.
“After 16 years of selling real estate in Lake Havasu City I see this as an opportunity to invest in Lake Havasu now before prices start to escalate again, because once the housing crisis is over the core fundamentals for investment are still here.” Don’t be one of those buyers that’s says I should of bought in Lake Havasu when values were low in 2008.
Date: Friday, August, 29th 2008 @ 07:35:25 PM Views: 733
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