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Kingman, AZ Real Estate News

By Leanne Smith, The Grit and Gratitude Agent
(Dirt Road Real Estate)
Yesterday as I was walking into a local grocery store here in Kingman, AZ, an older woman sitting in a white van. She called out to me and said “May I ask you a question?” My response was of course though I may not have an answer. The lady then asked as she was looking at my truck “What is a grit and gratitude agent? I have never seen that expression before.”“Well, grit," I responded "is because selling real estate especially dirt takes a lot of grit from driving the dirt roads here in Mohave County to ensuring purchases make it through to close of escrow as there are many unknowns. As to gratitude, I am grateful for being able to travel the dirt roads, for meeting friends I did not know I had, for being able to live and work at my age and for having my family.  As an old school salespe...
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By Kathleen Murray
(Realty Executives Mohave)
May statistics are out and the results are in. The average home sold this month had 3.08 bedrooms, 2.08 baths, 1.93 car garage and was 1,543 square feet of living space, built in 1995.  Average price per sq. ft was $110. It took an average 152 days of marketing and an average of 192 days to close escrow. Sellers reduced prices approx $15,379 from the first day on market and gave another $9,328 in concessions. The median price for the area is off 24% compared to May 2007 and down approximately 20% for the year. Price range of properties sold was between $44,000 through $560,000. Although the numbers are not the most encouraging, we are finding that properties priced correctly, aggressive sellers, and committed marketing is working and our listings are selling.
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By Terence Delaney, e-PRO
(West USA Realty)
Wal-Mart is one step closer to building a distribution center in the Kingman area.The retail giant has approved a payment to secure water from the Interstate 40 system, Mohave County Economic Development Department Deputy Director Jonas Peterson said in a news release Friday.The project manager for the center contacted Peterson with the information."Securing the water isn't exactly a groundbreaking, but it certainly shows they are serious about building the distribution center," Peterson said.Wal-Mart is facing a one-time hookup fee of $1,420 per gallon per minute for 200 gallons a minute - totaling $284,000 - Mohave County Public Works Director Mike Hendrix said.In February 2006, Wal-Mart purchased land for the center next to Griffith Energy Plant along I-40, seven miles west of Kingma...
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