By Hubble Ray Smith | Daily Miner
Home sales have slowed across the nation after a busy spring, and higher prices in certain markets are giving buyers cold feet as they fret about another housing bubble.
Doug Angle, founder of Angle Homes, said he’s seen a slowdown in sales over the last couple of months. He closed 91 new home sales in 2017 and expects to increase that number to about 110 this year.
“We’re still selling homes, but not as much as the spring,” Angle said. “You’ve got to keep an eye on it. It kind of makes you nervous. You don’t know if it’s peaked or not.”
Angle is actively building in eight housing subdivisions around Kingman with homes starting at $152,000 for a three-bedroom, two-bath home in Cerbat Vistas and ranging up to $575,000 for a four-bedroom, 3½-bath home on two acres at Copper Wind.