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Candice A Donofrio 928-201-4BHC (4242) call/text

HOOVER DAM BYPASS UPDATE ~ Mohave County, Arizona ~ ALMOST COMPLETED!

My client Bill Brownell gave me permission to share these pictures of the progress being made on this now 5 year long Hoover Dam Bypass project. Completion is on schedule and expected November 2010!

 

 

If you've read my previous posts referring to the Hoover Dam Bypass, you know that northwestern Mohave County will be powerfully impacted by the completion of the Hoover Dam Bypass, a bridge over where Lake Mead meets the Colorado River to Boulder City, Nevada from White Hills, AZ.

Completion is nearing, after some snafus and delays. And lookin' awesome!

Once completed, the Hoover Dam Bypass will benefit Mohave County in many ways:

  • Commute times from Kingman AZ to Las Vegas will shorten dramatically
  • Inland Port Status may be granted to Kingman
  • White Hills, Dolan Springs, Meadview and Golden Valley will become bedroom communities as their proximity to Highway 93 makes their locations along the access corridor desirable
  • Property desirability will increase in those areas
  • Property values will increase in those areas

(My opinion. YMMV)

 

These breathtaking helicopter view photos provide insight into the size of this undertaking and how important it is to have a better way to get from Kingman to Vegas.

 

Bullhead City AZ Real Estate 86442 ~ Morning At Low Tide

You may not know this, and I didn't until I acquired hydroelectric engineers as clients (could you imagine having husband and wife engineers as clients? They were and are favorites of mine. They run a water company in Oregon now)...

...but the water levels on the Colorado River in Bullhead City, AZ fluctuate as water is released from Davis Dam, just north of Bullhead City, AZ into the river, according to estimated need for

  • Generation
  • Irrigation
  • Recreation

In other words, the engineers determine how much water will be needed at different times of day for electricity, watering crops and to keep y'all's propellers out of the sand! :)

Depending on where along the beautiful Colorado River, you'll see people with metal detectors scouring for treasures or the keyring they lost (good luck with that!), lawn chairs planted with toes in sand...

or even locals like me and Lulu enjoying the cool sand for a morning 'sniffy walk'...

Wouldn't you LOVE to have this beauty within walking distance or a quick drive? Property in Bullhead City offers this and more.

There hasn't been a better time to buy Bullhead City AZ real estate in a decade.

Talk to me if you find this as awesome as I do . . .

A Special Place In Hell

I was out showing property today and this notice was on the front door of a Fannie REO ...

Yep. Someone walked away from their house and their pet. Can someone tell me what possible justification anyone could have for leaving a pet to starve to death? Really. I can't wrap my mind around this. I know the shelters are crowded. I wonder if they tried to find their pet a home before leaving it behind?

Thankfully, Mohave County Animal Control, who are angels, rescued this pet. I don't know what kind of pet or how long a reprieve it will have.

If you are local and read this, please donate money food or items to our Mohave County Animal Control this week over on Vanderslice off of Courtwright in Mohave Valley 86440.

Better still, adopt a pet.

Fort Mohave AZ, 86426 Real Estate - Snazzy Saturday ~ Got Your Costume Yet?

I have some really creative and unique clients. This is the prized possession of one of my most fun clients. Her name is Candy The Wonder Dog.

It appears that Candy the canine is a lot like Candy the human--a bit on the girlie girl side!

I know. You just can't make this stuff up!

Candy's owner also has an awesome lakefront homesite property for sale in Los Lagos and he has recently reduced it to go toe-to-toe with any of the best deals in the area. 125 feet on on of Los Lagos' lakes for under $65,000!

I have builder resources to get your Fort Mohave AZ dream house built on this really beautiful waterfront lot in a gorgeous gated community with tennis, media center, pool/spa/BBQ, amazing sunsets and PGA golf nearby, so give me a holler and let's git 'r done!

Why I Think Commercial Real Estate In Mohave County Will Be Just Fine

I just listened to a talk given by Mohave County Assessor Ron Nicholson, and talk about a cool guy with an experience-rich background! From title company to appraisal to commercial real estate in several states and countries, Ron knows his stuff. We are fortunate to have him.

We learned a lot about property taxes in Mohave County during the talk, and veered off into financing and market issues.

Ron said he expects commercial real estate to take an even harder hit in near future coming years.

The way I see it, there is a brave new world ahead for Bullhead City 86442, Fort Mohave 86426 and Mohave Valley 86440 commercial real estate--but it is nowhere near disastrous.

Yes, it's a lot harder to get money. But there will be new inroads to meet this need. And people who already had money still do. They will find their way here to maximize their investment.

Here's why I feel optimistic about commercial real estate in Mohave County over the next year or two:

  • Increasing demand for services -- and a place to put them. We are selling and renting houses out here! People who lost their homes stayed in the area. Snowbirds are back, buying because of our renewed affordability. Teachers and medical professionals are being enticed to relocate here. They will require additional services, and new businesses will take up those vacancies, as established businesses gain confidence to upsize to meet their increasing demands for space and functionality.
  • The aging population will necessitate more services for seniors. Mohave County has a large and growing retiree population. Medical services are continually improving and with adequate health care, seniors will remain and require those services as well as other specific services for seniors.
  • Our under 18 population is ALSO growing. Businesses catering to their needs will need to come here. This is a demographic that has always fallen short in our casino town.
  • The perpetual desirability of our resort area is not going away any time soon. We have everything here, 24/7/365. Without Vegas traffic or Phoenix smog. Those investors will refocus here.
  • The proximity to larger and more distressed markets without being there. That makes our neighbors along the Pacific happy. We are the best of all worlds! And that will bring us investors and speculators tired of California economics and Washington/Oregon weather.
  • A desire to support local commerce will encourage local residents to give our area a shot for their business. Take a cruise around town. There are LOTS of new businesses. I was at a mixer a couple of weeks ago and the Avi Convention Room was packed with businesses schmoozing about. They are not leaving town. And they will inspire others.
  • Availability of builders who can build cost-effective commercial projects. It used to be just too expensive. Materials still are the same but the established builders in our area are working at fair prices.

A mentor of mine, founder of the Commercial Real Estate Institute in Phoenix, Mike Moloney, sent me this. Even more confirmation that I'm thinking straight. Mike's text is below:

___________________

This video briefly mentions at the end the PPIP (Public-Private Investment
Program) program. PPIP was to have been the government guaranteed investment
program for Big Money to buy the "bad loans" cheap - which is no longer
needed. The Big Money was waiting to see if PPIP would be initiated or not.
It is not. So, they have to start investing again, the "regular" way. That
is good for every real estate sector.


Three weeks ago under pressure from the real estate and banking lobbies, IRS
reversed one of its most onerous rules, and the change is having a huge
impact of stabilizing commercial work-outs. Previous to the change,
commercial loans could not be modified because the entire change was taxable
(which was nuts in the first place. That previous rule is what bureaucrats
will do if not supervised by elected and appointed officials, who are more
in touch with the real world, even if it is through lobbying.) Now, loan
modifications will commence within the commercial real estate industry
without the owner having to file bankruptcy. In addition, commercial lenders
don't mind owning completed commercial properties.
They won't "flood" the
market like the RTC did. The reason is because if the banks hold the
foreclosed properties for 18 months or longer (the new rule described in the
video), instead of downgrading their balance sheet, they can write it off
over the years as their reserves and profits gradually climb back to normal.
It becomes a tax shelter!

___________________

So don't count commercial real estate out in Mohave County, AZ. You may be surprised.

Want to explore commercial real estate possibilities in Mohave County, AZ? Talk to me. I'm easy to find.