Lowest Mortgage Rates Ever

There is at least one bright spot for home buyers, sellers, and owners amid the economic mayhem brought on by the novel coronavirus. Mortgage interest rates have fallen to a new record low, a boon to homeowners who may want to refinance and save money, and buyers (if anyone feels like buying a home right now).

Rates have been on a wild ride since this crisis began, and the average for a 30-year fixed-rate hit 3.23% for the week ending April 30, according to Freddie Mac. That’s the lowest it’s been since Freddie Mac began tracking rates in 1971. The average rate was 4.14% a year ago.

The drop may not seem all that substantial, as it’s not even a full percentage point. But the lower rate will save borrowers $132 a month for a $320,000 home (the national median home price) if they made a 20% down payment. That’s $1,584 a year—which adds up over the life of that 30-year loan.

Source: Mortgage Rates Hit New All-Time Lows—and They May Fall More | realtor.com®

Land Special of the Week – 2694 Rimrock Drive

Excellent 40 acre parcel in exclusive homes only part of Stagecoach Trails. Right up close to the Hualapai mountains for extreme big views, and cooler summer temps. 3,000 ft elevation. Clear milky way nights, and endless views of the valley, Mohave & Black Mountain ranges, even Flattop. $59,900

Loaded with high desert vegetation: Joshua Trees, Ocotillo, Cholla, Juniper, and a million wildflowers. The perfect spot for a self sufficient home.

Located in the homes only part of Stagecoach Trails, there are already several nice homes in the neighborhood.

Surveyed, staked, corners marked. 100% water & mineral rights. Easy access via County Maintained Alamo Rd, and then a short distance to paradise on bladed roads, including historic La Cienega Ranch Rd.  Away from it all, but a stress free ride to Kingman, Lake Havasu City, or river fun.

Need space? Here it is with some of the most stunning scenery in all of the world, perfect for all of your outdoor adventures & lifestyle.

Continue reading Land Special of the Week – 2694 Rimrock Drive

Real Estate Update April 2020

We started off April, very concerned about the coronavirus, and here at the end of the month, we’re still concerned, but ever more hopeful as it appears that the lockdown will probably do more damage than the virus. Only time will tell, but we sure have all been stunned at the rapid change to every aspect of our lives, and not just here, but world wide.

Real estate has continued at a brisk pace in Mohave County with some slowing in residential sales, but overall still very strong.  I believe that once our economy is opened from its’ current strangled state that we’ll see a surge of pent up demand, especially from southern California.

Meanwhile, suddenly Yucca Arizona land is a hot item. We’ve seen a big uptick in land sales from everyone who actively works here. For the first time in many years, we are seeing the inventory begin to clear a bit, and finally some price appreciation. One can only hope…

It makes sense to me, as I feel a sense of security here on 40 acres that I wouldn’t have in a locked down city. While its somewhat tedious to have virtually no personal social contact, it’s pleasant here, and I don’t feel boxed in at all. The garden keeps every spare moment occupied (and sometimes the guitar does too!)

Solar power is liberating from the grid. Decentralization allows one to adjust to changing conditions whether it be cloudy days, extra power needs for the hot days etc.  It’s challenging to adjust your lifestyle to your power production, but having redundant systems brings a peace of mind that being dependent on government or utility companies can never give.

Besides the natural beauty that we experience here on a daily basis, there’s the knowing that my neighbors and friends here are for the most part, very independent and self sufficient. Many are far more prepared than us, but more importantly, helpful and supportive.

April is ending on a hot note, and by hot, I mean the actual temperature. We’re seeing an early heat wave going from pleasant 70s to warm 90s virtually overnight. Yucca will see 100 degrees this week. Often, the hot weather signals a big slowdown in land activity. We’ll see if this year is different. – Ben

How to Build an Inexpensive Greenhouse

Came across this. We’re suddenly more interested in shade as the temps have been in the 90s. A search for diy greenhouse yields many ideas for recycling old windows, or this one which budget, but effective.

How to build a small, cheap and easy greenhouse. Includes  Material List for 28 foot by 15 foot greenhouse, sorry, with pvc, the greenhouse has to be small.

Source: How to build a cheap, simple and easy greenhouse

Spring 2020 Wildflower Time

It’s springtime at the ranch, and every day is dawning earlier, the flowers are bursting forth everywhere, and it’s my favorite time of the year. (Allergies not withstanding.)

Here’s a few from past years. The Joshua trees didn’t flower this year. I’m not sure what the cycle is, but some years the flowers are fabulous, other years they are sparse to non existent.