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Prices of homes located on golf courses in Lake Havasu have steadily accelerated. In 2003, houses were sold for around $300,000. A year after, expense increased by as much as 24%. Last year, the prices rose some are more. In purchasers quarter of 2005, the asking price was $440,000. Two quarters after, it reached $470,000. The latest records reveal that the price of houses located along courses has ballooned to nearly half a many.
The weakness in existing home sales in October followed a young report that construction of the latest homes and LA Serena Golf fell by important.6 percent last month, the biggest setback in seven many weeks. Applications for new building permits, a good sign of future activity, fell by 6.7 percent, the biggest decline in six various years.
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