Category Archives: Real Estate

Land Special of the Week – Parcel D8 Nolan

1+ acre piece of desert beauty where the Mohave desert meets blue Sonoran skies.

Lush desert vegetation: Joshua trees, Palo Christie, beavertail, hedgehog, and a plethora of wildflowers.

Starry, starry nights. Basic dirt driveway, ready for your RV or off grid home. Stunning views in all directions.

Milky Way nights, and gorgeous Spring wildflowers. Close to miles and miles of Federal Lands not only on all four sides of this subdivision, but nearby too are thousands of acres for all your off road adventures. Peace and quiet, just what the doctor ordered.

Pretty, affordable, and just waiting for you. Don’t miss this value!

Owner/Broker (I know, those darn brokers,  really I’m one of the good guys,) and it is a great price.

Continue reading Land Special of the Week – Parcel D8 Nolan

Home Sales Stay Hot in August

Sales of previously owned U.S. homes remained brisk in August as low mortgage rates and demand for space in the suburbs sustained strength in a housing market that’s a bright spot for the economy.

Closing transactions increased 2.4% from the prior month to a 6 million annualized rate, the strongest pace since the end of 2006, according to National Association of Realtors data issued Tuesday. The figure matched the median estimate in a Bloomberg survey of economists.

Prices jumped 11.4% from a year earlier on an unadjusted basis to a record. While the increase in existing home sales in August was smaller than the record 24.7% jump a month earlier, the level is consistent with steady growth. The housing sector has been one of the strongest parts of the economic rebound, in part because of ultra-low mortgage rates, as well as cooped-up urbanites looking for homes and yards outside of city centers during the pandemic.

Source: U.S. Existing-Home Sales Increase to Fastest Pace Since 2006 – Bloomberg

A REAL Oceanfront Home

Some homes claim to be oceanfront, but this one on Scenic Road in Carmel, CA, really is. Ocean. Front.

“You really get this natural feel, almost like a ship, where you’re just on the cusp of being on the water, and the water is right below you. So it’s a very unique perspective.”

Listed for $14 million, the home is built into the rock, and is one of only a handful in the area located on the water’s edge. On the market for the first time in 40 years, it offers a rare opportunity to buy a home right on the water in the exclusive enclave.

Built in 1947, the 2,777-square-foot landmark property sits on a quarter of an acre. It’s next door to the famous Butterfly House, with its distinctive roof, which resembles wings. Built in 1951, that house was sold in 2016 for $16.5 million.

The architect Frank Wynkoop designed both homes. He was born in 1902, and his work was much sought-after in the area until his death in 1978.“His goal was to maximize the view beyond that of a 180-, to almost a 270-degree angle,” Canning explains. He adds that, from the huge windows, you can see from Point Lobos to Sunset Point, the Pebble Beach golf links, and Carmel Beach.

The seaside retreat comes with lots of living space, with three bedrooms and four bathrooms. An office could be another bedroom, for a total of four sleeping areas.

Source: Rare Oceanfront Abode in Carmel on Sale for the First Time in 40 Years | realtor.com®

Check out more information & pictures on this truly one of a kind home at the link. Very cool!

Mortgage Refis are Up Big Time with Low Rates

The mortgage market recorded its best quarter in years this spring, a reflection of how the housing market is booming in 2020 even as much of the economy stumbles.

Lenders issued $1.1 trillion in home loans between April and June, according to mortgage-data firm Black Knight Inc. That was the biggest quarter in the company’s records, which date to 2000. Lenders extended roughly $2.5 trillion in home loans in all of 2019.

Refinancings, up more than 200% from a year ago, drove the increase. Mortgage rates hit new lows multiple times this year, falling below 3% for the first time in July. The low rates have made millions more Americans eligible to save money on their monthly payments. Purchase mortgages, though, fell 8% from a year earlier.

Source: Mortgage Refinancings Boom, Even as Coronavirus Hits Economy | realtor.com®

Land Special – 3421 Butch Cassidy

Gorgeous property, easy access on County maintained Butch Cassidy. Just reduced to $19,900, it’s hot!

Nice desert vegetation. Milky Way nights. Peaceful & serene. Panoramic views of Flattop, Hualapai, Mohave & Black Mountain ranges.

Great area for off road exploring. The perfect home site or getaway!100% water and mineral rights included.

A desert paradise, yet close to civilization via county & association maintained roads. Loads of wildlife, desert wildflowers, serenity and tranquility.

Explore Kingman, Lake Havasu, Laughlin or just head off into miles of Federal and State Lands. See Alamo Lake for great bass fishing, just down the road on the quiet side of the Lake. Come and join the wonderful community of Yucca, Arizona where the Grand Mohave desert meets blue Sonoran sky.

Prices Are Bubblicious, Will the Bubble Burst?

The nation’s surging home prices don’t seem to care about the recession the country is mired in. They can’t be bothered by the deadly coronavirus pandemic or the double-digit unemployment that’s come as a result. Instead, prices are defying logic, expectations, and even belief, as they shoot up to record highs amid an unprecedented health and economic crisis.

It has all led some to wonder: Are some markets getting too hot? Could a significant correction be around the corner?

Such questions have become louder in recent weeks, in the face of some startling growth numbers, particularly in some high-priced California and less expensive Rust Belt, Midwestern, and Southern markets.

Source: Home Prices Hit Record Highs. Is It a Bubble About to Burst? | realtor.com®

With the massive migration from California, and other large metro areas, I think we’re just at the beginning of this new wave. Our biggest problem is that the builders and everyone else in the system (title people, county inspectors etc.) are overwhelmed and unable to keep up with the demand.

Meanwhile, I expect things will stay hot for the foreseeable future.

– Ben

Land Special – 3048C Ray Road

Power! Just $13,900 – Will Not Last SOLD 8/28/2020

Rare offering with grid Power to the corner & a gorgeous 10+ acre parcel in Stagecoach Trails. Priced for a quick sale, don’t wait a minute!

Nicely vegetated with a wide variety of desert flora: Joshua Trees, Ocotillo, wildflowers, and so much more. Dark skies for astronomical viewing, and exceptional mountain vistas! Hualapai, Mohave, Black Mountains – everywhere you look.

Easy to get to Yucca location off Knox Drive. Knox is a good dirt road maintained by the County.

Surveyed, staked 100% Water & mineral rights. This is it – the beautiful high desert of Northwest Arizona!

Continue reading Land Special – 3048C Ray Road

Iconic Estes Park Colorado Dome Home Hits the Market

A dome home that everyone seems to know in Estes Park, CO, has hit the market for $650,000.

“It’s kind of an iconic house if you’ve ever been to Estes Park. It’s right at the base of Rocky Mountain National Park,” says the listing agent, Jason Kingery.

Kingery told us that the property sits right off one of the main highways into the region. “Pretty much anyone who’s ever driven up has seen that house. It’s really well known, and it’s just a neat property.”

Source: $650K Dome Home in Rocky Mountains Is a Local Landmark | realtor.com®

Worth a look… Ben

Making the Tiny Home Perfect for Living Large

On “Good Bones,” Mina Starsiak and her mother, Karen Laine, have shown themselves to be pros at making small spaces feel open and airy. In their newest Indianapolis renovation, they show how to creatively transform a grungy, run-down house into a bright and inspiring artists’ cottage. In the episode “Cottage Becomes Artistic Oasis,”

Starsiak and Laine are tasked with renovating a house that a local arts nonprofit has bought for a mere $6,000. They plan to turn it into affordable housing for artists.

The top challenges? For one, the house is tiny, just 790 square feet. The nonprofit also has a tight budget of $90,0000 to spend on renovations, which won’t go far, given all the work this place needs…

For less than $100, they build a vertical living garden inside the sunny three-season room and fill it with edible plants like basil, Brussels sprouts, lettuce, and chives. The result is a beautiful green design element that’s also functional.

This article has even more goodies. One important thing is to use neutral and lighter colors in small spaces. This makes them feel much bigger and inviting.

Since the home will someday be rented out to artists, Starsiak and Laine decide to keep the design color palette light and neutral.

Not only does this help make the tiny home feel bigger, but it also creates a blank slate for the future tenants. They’ll be able to add their own colors and decor to match their style.

Source: ‘Good Bones’ Reveals Top Tricks To Make a Tiny Home Feel Huge | realtor.com®

Lots of interesting ideas for those on a tight budget or just anyone who wants new things to try.

There’s quite a few smaller homes in Kingman dating back to when it was a sleepier mining town. Good bones homes, but in desperate need of a renovation. Many investors have already caught on to this idea as it’s a great way to build instant equity. Many folks will pay top dollar for a mint move-in condition home.

Moreover, these inspirations can translate to your new tiny home in the beautiful northwest high desert of Arizona.

Enjoy…Ben