Depressed snowbird housing market - Yuma
Well, my in laws just sold their snowbird home in Yuma at a major loss, lots of properties for sale there, it's definitely a buyers market. My in laws hated to sell but at the ages of 83 & 79 with one...
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For the most part, the places in our park that are for sale have 3 prices on them. There seem to be a lot of people looking. I see many unfamiliar cars with out of state plates cruising around pausing at the for sale signs. The local realtor seems to be showing more houses than I have seen her show in years past. There have been some sales this year. I was surprised to learn what the original price was and what they were purchased for. Seems someone may have gotten smart and accepted a reasonable offer on at least one of them. So I think properties will sell if there is a reasonable price placed on them. Ours is an ownership park. It's cheap living. $250 annual HOA fees and taxes (depending on whether you have an exemption) can vary from under $100 to $800. Nice, clean, safe place.
Dale
Dale
