Now may very well be the best time to buy a home in the Laughlin, NV/Bullhead City, AZ area. There is a great selection of homes, prices are down as a result of the current economic situation in the country, and interest rates are on the rise.
Since you are 10 years away from retirement, you may want to consider renting your new home out until you are ready to occupy it yourself. There are several different rental options available in this area. You can either rent your home out on a yearly basis to a long-term tenant, or you can use place your home in the winter rental program. There is a very high demand for winter rentals in our area due to our moderate winter climate. The winter visitors will generally stay anywhere from 3-6 months. The home must be furnished with all the necessities for day to day living as some of our winter residents fly in with only a suitcase! This type of rental can command a premium rental rate.
If you have any other questions regarding property in Bullhead City, AZ or Laughlin, NV, please email me. I am licensed in both states and I am here to answer any questions you may have.
Rae McKinney, Realtor
River City Realty
Laughlin, NV 89029
Chris Elder, Broker