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Lake havasu home discount????

westair

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Only people saying the prices are going to fall are the poor bastards that are still on the sidelines and realize the ship has long sailed and their rent on thier single wide is due again. .

I've been watching this same show for forty years..
You should see all the charts, data and spreadsheets!! ...... its coming! .... lol
 

THE WIDGE

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Only people saying the prices are going to fall are the poor bastards that are still on the sidelines and realize the ship has long sailed and their rent on thier single wide is due again. .

I've been watching this same show for forty years..
Not really, I’ve got mine, but when a house sells for 680,00 two years ago, sells 9 months later for 900,000, and then a year later is valued at 1,100,000, all over 18-24 months a 50% gain, and now 8% rates, ahh it’s coming to at least late 19 to early 20 prices assuming everyone stays employed
 

RiverDave

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Only people saying the prices are going to fall are the poor bastards that are still on the sidelines and realize the ship has long sailed and their rent on thier single wide is due again. .

I've been watching this same show for forty years..

Prices have fallen from the crazy peak of Covid?
 

HNL2LHC

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I don’t know why people can’t understand this. Prices fluctuate. The market and the buyer demographic has changed. The rising tide lifts all boats.
So you saying that soon the tide will be up to my house and I will be able to launch from my driveway? Awesome!!!
 

Havasu blue label

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Only people saying the prices are going to fall are the poor bastards that are still on the sidelines and realize the ship has long sailed and their rent on thier single wide is due again. .

I've been watching this same show for forty years..
i bet you been watching for forty years and don’t have shit to show for it
 

TCHB

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Only people saying the prices are going to fall are the poor bastards that are still on the sidelines and realize the ship has long sailed and their rent on thier single wide is due again. .

I've been watching this same show for forty years..
In 2010 we bought 3 investment homes. Yes price was way down from peak at that time.
 

petie6464

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i bet you been watching for forty years and don’t have shit to show for it
Not as much as I wish I did. Five ex-wifes took a chuck and five fiths of my nuts.
I was able to retire a 36 so I can't complain. . But still do.

Next time I'm at the car wash I'll be sure and give you a nice tip!
 

MK1MOD0

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If anyone thinks everyone is going to stay employed, they are kidding themselves. The cracks have already appeared in the economy, and it’s going to get MUCH worse. I’m not a pessimist, I’m A realist . The next two years will be very trying for many. This mess the clowns in DC are making, is just getting started. Sorry, but Havasu prices will roll back just like most others.... how much..... that’s the question.
 

RiverDave

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Not as much as I wish I did. Five ex-wifes took a chuck and five fiths of my nuts.
I was able to retire a 36 so I can't complain. . But still do.

Next time I'm at the car wash I'll be sure and give you a nice tip!
I will remind you when I see you

I didn’t realize you two were courting?
 

2FORCEFULL

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750k was standard RV garage house price for a bit, even older ones, things def becoming more realistic.

not in any way try'n to knock this home..... but... isn't also all the money.. who want to pay 1/2 a million for a 26 year old home that can't be brought up to date??? things like low raked ceiling,.. 8' exterior walls,.. rv park shower tile , honey oak cabinets.. no pool... lean 2 rv garage , carpet on the floors and no parking?????
 

2FORCEFULL

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People with cash will keep buying provided the place they have to sell keeps selling and I’m not convinced that will continue. On the up side places like Havasu and Prescott are the towns that CALSTRS built and that’s not going away.

Inventory will rise, days on market will age to a point where prices will have to retract in order to sell.

One of the larger builders in Denver said that things literally turned off. Shit is going to hit the fan at the end of Q1 when the lack of sales shows on their books, it will be dramatic. Then builders will be getting desperate. Rates are only going higher. Some builders have been offering large sections of unsold homes to investors just to get out.

The same 750k rv house with 20% down went from $2,500 to $4,000 a month since January.
builders not building will be the reason prices will hang in there...the good idea right now is to ditch you r 25 yr old dated home and move to something modern... the daown fall is if you have to get a mortage to do it... i lived in the 18% days so to me 10% is like free money... houses built in the 90's have tatoo's that don't go away...
 

2FORCEFULL

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It’s coming, sorry an rv garage pool home that was 600-650 in may of 2020 is still asking 1.1-1.3 and sitting. That’s nearly 10k a month piti . Once people have to sell, divorce, death, job relocation, need cash rather than borrowing at 8% plus, then inventory will ballon if prices don’t adjust with 8% rates
what if they don't have a loan... and have rentals???
 

2FORCEFULL

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This thread boils down to Steve pissed cause his place hasn’t sold yet. I’m no real estate expert but I would not want to buy a place that driveway basically shares with the next door property. Steve property is great for someone that plans on keeping both properties but if you only want the one it’s not an ideal property.
Yeah but my house is not for sale.... wife likes it and put a pool in... it's paid for, and i personally like the 1400 per month in come from the rental next door..that pays all the bills.. and why would i be pissed... renter watches my place and puts my trash cans out... I already have 4 havasu propertys , and I get over 5k per month income...... ah fuc....my life sucks... i should just give all my houses away so I won't be so miserable ...


the thread was just an eye opener for those waiting for the sky to fall and sitting on the fence to get a cheep havasu house.... like tI said before... the sooner you get your name on a deed... the better.. worked for me so I thought i'd share...
 
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2FORCEFULL

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I appreciate the content but yeah he’s fishing.. lol

I told him three times just lost it with us and we will put it out to the masses for real with the vids etc.. but he don’t want to do it.

Either way things have slowed down in Havasu.. not stopped but slowed down. We are staying steady but nothing like before
when I decide to sell, I won't be calling you..... but i will call stacey....
 

THE WIDGE

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Yeah but my house is not for sale.... wife likes it and put a pool in... it's paid for, and i personally like the 1400 per month in come from the rental next door..that pays all the bills.. and why would i be pissed... renter watches my place and puts my trash cans out... I already have 4 havasu propertys , and I get over 5k per month income...... ah fuc....my life sucks... i should just give all my houses away so I won't be so miserable ...


the thread was just an eye opener for those waiting for the sky to fall and sitting on the fence to get a cheep havasu house.... like tI said before... the sooner you get your name on a deed... the better.. worked for me so I thought i'd share...
Couldn’t agree with you more about purchasing a property. But rates are at nearly 8%, and prices are still 30-40% precovid with a great economy and 4-4.5% rates. It comes down to what someone can afford per month, either rates drop or prices.
 

RiverDave

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when I decide to sell, I won't be calling you..... but i will call stacey....

Well I’d say that’s a smart move.. but when she says it’s time to sell she rolls over and nudges me on the pillow and says “get to work”. Lol

Fun fact.. I’ve done more videos for TRDP than I have for rdp this year, I won’t ever lie though.. my integrity means too much to me.

we haven’t measured total video counts but I’d bet they are 50/50’ish.. might be an interesting question to explore. Although re videos are usually short and not like the boating ones as far as I’m involved, although the camera work to film a house takes more time etc.. it’s kinda crazy behind the scenes
 

COCA COLA COWBOY

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I watch the home sales in havasu..... what happened to the huge price drop.... is it not here yet???? I don't see cheep homes anywhere... not knocking this home in anyway, but... isn't this all the money in any market????




Market reaction is very similar to 2008. You won't see huge additional price declines until we see the layoffs which are coming. As I track the graphs, next year will be the grunt of the market. I'm planning on buying Summer to fall of 2023. That won't be the bottom, but close enough for me to start buying.
 

Tank

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I’ve been watching havasu market close for 10 years and REAL close past 5. Prices are already coming down. We’re gonna sell our Hawaii place and buy something either on water up river or in havasu. Rv garage a musr, double rv garage even better.
Pool would be nice but since we won’t be there full time maybe more pain than it’s worth. There’s a couple on the market now that fit the bill and prices aren’t stupid like they were a year ago. Hoping market drops a bit further. Almost there for me. I’m guessing this time next year we’ll have seen the major adjustment. Like I said, it’s already started. Feds keep reasoning rates, cost of living keeps rising, etc. We’ll see. But I can say with all certainty, we’re on the other side of the peak.
 

LargeOrangeFont

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Market reaction is very similar to 2008. You won't see huge additional price declines until we see the layoffs which are coming. As I track the graphs, next year will be the grunt of the market. I'm planning on buying Summer to fall of 2023. That won't be the bottom, but close enough for me to start buying.

Wake me up when that starts happening.

I agree it will happen (layoffs) but I don't think it will happen fast, and will take awhile to affect housing prices. We are still not losing jobs... I think this is going to take longer than a year.

People are not jumping for joy to get out of their sub 3% mortgages.
 

2FORCEFULL

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Market reaction is very similar to 2008. You won't see huge additional price declines until we see the layoffs which are coming. As I track the graphs, next year will be the grunt of the market. I'm planning on buying Summer to fall of 2023. That won't be the bottom, but close enough for me to start buying.
lay offs???? LMAO... first time in the history of the USA that we have the most people not willing to work and at the same time the most companys trying to hire....
 

MK1MOD0

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lay offs???? LMAO... first time in the history of the USA that we have the most people not willing to work and at the same time the most companys trying to hire....
Look at the jobs being offered. They are not solid high paying 6 figure jobs. They are mostly in the service industry and hourly jobs.
 

LargeOrangeFont

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Look at the jobs being offered. They are not solid high paying 6 figure jobs. They are mostly in the service industry and hourly jobs.

We still are not loosing jobs.. because all the high paying 6 figure people are still demanding services.
 

LargeOrangeFont

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Lots of tech companies on that list.

It’s all tech right now because tech is most overvalued and underperforming. All those companies made big bets 2 years ago that didn’t pan out.
 
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Havasu Rehab

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Yep and lots of high paying jobs. It's going to take a while for this to ripple through the market though. I have a client who was just let go from one of those companies on the list and he was $400K/year salary plus bonuses. He's getting a severance until June 2023.
I’ve read a lot of speculation on this site that summer 2023 will be the low point of this recession. Hopefully that’s the case.
 

Gonefishin5555

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Lot of overpaid tech people with stock options and probably an overpaid spouse who still has a job. They are also spread out everywhere now so I don't think it can hurt the economy of any one geographic location like in the past. You guys know that these announced job cuts sometimes don't come to fruition just like in the headlines? Some people get reassigned or they turn into independent contractors etc etc and then add in the severance pay which is probably way more than they deserve. It will take a year of these cuts to really put the hurt on everyone but its possible.
 

cofooter

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Lot of overpaid tech people with stock options and probably an overpaid spouse who still has a job. They are also spread out everywhere now so I don't think it can hurt the economy of any one geographic location like in the past. You guys know that these announced job cuts sometimes don't come to fruition just like in the headlines? Some people get reassigned or they turn into independent contractors etc etc and then add in the severance pay which is probably way more than they deserve. It will take a year of these cuts to really put the hurt on everyone but its possible.
Hey, I'm one of those, have some compassion, lol
 
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cofooter

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LargeOrangeFont

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Lot of overpaid tech people with stock options and probably an overpaid spouse who still has a job. They are also spread out everywhere now so I don't think it can hurt the economy of any one geographic location like in the past. You guys know that these announced job cuts sometimes don't come to fruition just like in the headlines? Some people get reassigned or they turn into independent contractors etc etc and then add in the severance pay which is probably way more than they deserve. It will take a year of these cuts to really put the hurt on everyone but its possible.

Yea. Twitter turned around and hired a bunch back.
 

DWC

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It won’t be the tech slowdown that hurts Havasu or even So. Cal for that matter. Housing starts/sales is a better indicator. Fed is gonna keep increasing until inflation slows and that’s not happening soon.

6A8F0C19-DB2F-4A00-96A0-5932E6FA51FD.jpeg
 

COCA COLA COWBOY

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lay offs???? LMAO... first time in the history of the USA that we have the most people not willing to work and at the same time the most companys trying to hire....

Layoffs are coming. Mark my words. Remember back to 2008, the shit didn’t hit the fan until January. It’s going to get bad!!!
 

LargeOrangeFont

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Layoffs are coming. Mark my words. Remember back to 2008, the shit didn’t hit the fan until January. It’s going to get bad!!!

Back to 2008… in 2008 we had been loosing jobs for 18 months since 2006.

We haven’t even started net loosing jobs yet. You’ve got at least 18 months from that point before it really impacts housing.
 
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