The Tail End of Summer &

Lake Havasu City’s Market Momentum

Copper Canyon; Circa 1980s

As we approach the tail end of summer, Lake Havasu is shifting gears. Kids are back in school, Labor Day marks the last big weekend on the water, and soon our snowbirds will return for the season.

The real estate market is also showing signs of transition. Fall is typically when inventory rises, and we’re already seeing that play out. Active listings have steadily increased over the past year, climbing from the high 300s last summer to well over 500 today (see graph below).

Mortgage Rates Are Moving

Mortgage rates have dipped to their lowest point in 10 months… right around 6.5%. And there could be more relief ahead. The Fed is expected to cut rates again on Sept. 17, which may push borrowing costs even lower heading into fall.

What does that mean for our market? Sellers have a window right now to get in front of motivated buyers before inventory climbs further this fall. And buyers who are shopping today may move quicker, knowing lower rates could bring more competition and push prices higher in the months ahead.

And with snowbird season right around the corner, even more activity is on the horizon especially from cash buyers who aren’t as rate-sensitive.

Thinking about selling?

Reply to this email or click the link below.

Labor Day Pool Party

Iron Wolf Golf & Country Club

Friday, Aug 29 | 6–9PM

Live Music! Smash Burgers!
Free admission | Open to the public

Foundry’s Tipsy Tea Party

The Foundry Plates & Spirits

Saturday, Sept 6 | 3-5PM
Sip, snack, and spill the tea with your besties while enjoying an afternoon of improperly proper fun.

Savor Sophistication

Martini Bay

Thursday, Sept 11 | 6PM
Enjoy a five-course menu by Chef Sarah Freick, paired with wines from Treasury Wine Estates, Stags’ Leap, and Frank Family Vineyards.

Instant Home Valuation

Curious what your Havasu home is worth? Click the link below to get you home value instantly online.

CENTRAL
CRYSTAL BEACH
HAVASU RIVIERA
HORIZON SIX
LAKESIDE
NORTH SIDE
RESIDENTIAL ESTATES

SAILING HAWKS
SOUTH SIDE
THE FOOTHILLS
THE ISLAND
THE REFUGE
VIEWPOINT ESTATES