Lake Arrowhead, CA Real Estate News

By Steven Keefe
(Coldwell Banker Sky Ridge Realty)
Coldwell Banker Sky Ridge Realty has rolled out a new program to assist homeowners who may be challenged by mortgage products affecting their ability to meet the obligation.  Specially trained member so of our team are on hand and available to assist homeowners evaluate their options to avoid foreclosure and delinquency.  Often homeowners wait too long to contact someone for help.  The earlier a professional is engaged, more options will be available to assist the homeowner in solving the problem.If you are a homeowner in need of assistance, don't wait, contact our office at 909-336-2131 and ask for the "Home Owner Assistance Unit" and you will be directed to one of our team members who will be able to help you.  You may also request assistance via email steve@cbskyridge.com
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By Kim Sellers, Lake Arrowhead Realtor - BRE#01412099 - Lake Arrow
(Lake Arrowhead, CA Coldwell Banker)
1031 Exchanges... advantages, especially for the Baby Boomers looking for a way to transition into a retirement home and make it their dream home later on.   Q - What is a tax-deferred exchange?In a typical transaction, the property owner is taxed on any gain realized from the sale. However, through a Section 1031 Exchange, the tax on the gain is deferred until some future date.Section 1031 of the Internal Revenue Code provides that no gain or loss shall be recognized on the exchange of property held for productive use in a trade or business, or for investment. A tax-deferred exchange is a method by which a property owner trades one or more relinquished properties for one or more replacement properties of "like-kind", while deferring the payment of federal income taxes and some state ta...
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By Greg Steffens
(Mountain Country Realty)
MARKET STATISTICS This section deals strictly with ARROWHEAD WOODS statistics as compared monthly, quarterly and year- to -date to the prior year's activity.  This report is for single-family residences only and does not include lakefront homes, condos or lots.  We are tracking information regarding new listings and properties sold.  We are also looking at some of the averages - days on market and the list to sale percentages.  Click on each month for their respective figures. Jan '07 vs Jan '08 Jan '06 vs Jan '07Feb '06 vs Feb '07Mar '06 vs Mar '07Apr '06 vs Apr '07May '06 vs May '07Jun '06 vs Jun '07Jul '06 vs Jul '07Aug '06 vs Aug '07Sep '06 vs Sep '07Oct '06 vs Oct '07Nov '06 vs Nov '07Dec '06 vs Dec '07 Q1 06 vs Q1 07Q2 06 vs Q2 07Q3 06 vs Q3 07Q4 06 vs Q4 07* All figures taken fro...
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WEEKLY MARKET UPDATE - 2008To be an informed seller or buyer, it is imperative to know what is happening in the current market.  There are many factors to determining the proper price when listing a home for sale.  There are just as many factors to help you decide whether you are getting good value for your dollar when you purchase a home.The links below take you to weekly breakdowns of new listings, homes sold, active listings and homes currently in escrow.  We have further broken down this information to show you median prices and price ranges, number of days on market and the percentages of list price to sales price.To discuss your particular property and to get a more detailed idea of what your property is worth in our current market, including a free comparative market analysis, pl...
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By Kim Sellers, Lake Arrowhead Realtor - BRE#01412099 - Lake Arrow
(Lake Arrowhead, CA Coldwell Banker)
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By Kim Sellers, Lake Arrowhead Realtor - BRE#01412099 - Lake Arrow
(Lake Arrowhead, CA Coldwell Banker)
The "Lake" is alive and kickin in Lake Arrowhead.  Wow, we haven't seen a winter like this one.  The snow is packed and the lake is full.  It will be a cranking summer here in Lake Arrowhead.  Our market definately is driven by the level of the lake.  The forecast was grim to say the least at the beggining of October.  We went through firestorms and drought and then "Mother Nature" shined on us.  We have 29 Lake Front homes in Lake Arrowhead and I am sure that the pickings will get slimmer before summer.  Everyone is ready to enjoy the some skiing, sailing and kickin' it on the lake.  Come up for the day and plan your life!!!Kim Kelley Realtor Coldwell Banker Sky Ridge Realty909-336-7949 Direct Line909-725-1248www.ArrowheadEliteProperties.com
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By Jim Newcomb
(HK Lane Real Estate)
As most of you know, real estate is geographically specific, so all the "doom and gloom" reports that keep coming out from the media about how bad the real estate market might not be true for your area. Since I represent clients in the San Bernardino Mountains, particularly the Lake Arrowhead Area, I thouht it might be of value to see what is really happening in our market. The following chart shows all residential single family homes average sales prices for 2006 and 2007, and number of sales, for the period of January 1 to December 26 on the mountain as reported to Rim Association of Realtors. As you can see, prices are actually on the increase up here, while the number of transactions are down. What will be interesting to see, is how the low interest rates, and the new government sti...
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By Pat Enterrios
(Coldwell Banker SkyRidge Realty)
WE HAVE SOME AMAZING MOUNTAIN "RESORT" PROPERTIES AVAILABLE,,,PRICED TO SELL!!!PLEASE,, LET ME KNOW IF YOU HAVE ANYONE LOOKING TO START BUILDING LIFE LONG MEMORIES IN A  MOUNTAIN VACATION HOME THAT TRULY HAS 4 SEASONS TO ENJOY!!!
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By Steven Keefe
(Coldwell Banker Sky Ridge Realty)
The answer to that question is yes, now is a great time to buy.  Interest rates are at a 40 year low, there is a lot for buyers to choose from, sellers are extremely workable and want to put deals together with buyers, and most of the B.S. about declining values is exactly that B.S.In our market, we are fortunate that we don't see the peaks and valleys when it comes to value.  Anyone who is buying on the mountain is making an investment in lifestyle.  In my opinion the longer someone waits the longer their family will have to wait for the memories that are made here on the mountain.  I say to those of you on the fence waiting, get off the fence, give us a call and start making memories with your family here in the San Bernardino mountains.
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By Steven Keefe
(Coldwell Banker Sky Ridge Realty)
A component of the governments proposed enconomic stimulus package announced Thursday would give an immediate lift to buyers and sellers in higher priced housing markets such as California.  The package agreed upon by leaders in both parties in the house would allow government sponsored Fannie Mae and Freddie Mac to buy mortgages 50% more than the existing conforming limit of $417,000.  The Senate and the White House must also sign off on the proposal before it becomes effective.The higher cap of $625,000 would likely breath life into the California market by making very affordable mortgage money available.  As of today, the current conforming rates are at 40 year lows.  Some individuals with higher "jumbo" or non-conforming loans would be able to refinance to take advantage of these hi...
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By Steven Keefe
(Coldwell Banker Sky Ridge Realty)
  Presented by: Coldwell Banker Sky Ridge RealtyOffered at: $ 9,950,000For more complete information on this property go to http://www.mountainmoves.com/Virtual Tour Link: http://www.tourfactory.com/idxr235127Nestled behind private gates on three lakefront lots, one will find the most elegant estate in all of Lake Arrowhead.  Enter a lush, landscaped courtyard with dramatic waterfall to the entry hall and a spectacular staircase that took craftsmen over 1 year to complete.  The grand drawing room offers soaring 30 foot ceilings, curved windows overlooking the lake, a floor to ceiling Georgian marble fireplace and room to seat more than 100 for lavish entertaining.  The oval shaped library was designed by the owner with view windows at every turn, birch paneling and built-ins.  The kitch...
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By Steven Keefe
(Coldwell Banker Sky Ridge Realty)
 Water views and plenty of spare beds.  A retreat on Lake Arrowhead's North Shore sleeps 20 comfortably and even comes furnished.  Family traditions are woven into the Kearney's vacation life at their Lake Arrowhead home.  They gather around the outdoor granite fireplace to share stories, play guitar in front of the living room fireplace or head to the dock to water ski and boat.   When the Kearney's, San Diego residents, bought the Old North Shore home 5 years ago, Dawn Kearney, a designer knew exactly how she wanted to remodel it.  She strove for an east coast sensibility with lots of dormers, high ceilings, exposed rafters and beams, a game room for the kids and views from nearly every room in the spacious house. "I wanted to be able to see the other side of the lake and the village ...
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By Steven Keefe
(Coldwell Banker Sky Ridge Realty)
Marketing the Globes Most Magnificent Estates Since 1933 Coldwell Banker Previews International pioneered the sophisticated global approach to marketing high end-properties. For over six decades, Previews has represented an impressive array of the world's most fabulous real estate-and a Who's Who of the most illustrious names in business, entertainment, diplomacy and politics.Built over many decades, the Previews network of international connections is unparalleled. Today, Coldwell Banker, Previews International represents the highest level of knowledge, experience and discretion in the specialized art of selling exceptional properties.Powerful International ConnectionsIt takes a finely tuned network of international contacts to connect with the small, discriminating circle of potentia...
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By Steven Keefe
(Coldwell Banker Sky Ridge Realty)
The following chart shows all the number of single family residential properties offered for sale in Lake Arrowhead according to the Rim Association of Realtors as of February 11, 2008.  The Lake Arrowhead Market has normalized.  Historically, it has had active listings in the mid 300 range.Company# of Listings% of MarketColdwell Banker13440%Remax7723%Century 213912%Lynne B. Wilson258%Prudential144%Windermere72%Mountain Country52%Parkinson21%Total332
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By Steven Keefe
(Coldwell Banker Sky Ridge Realty)
The following lakefront properties are currently available for sale according to Rim Association of Realtors as of February 4, 2008.  Coldwell Banker has over 50% of the active listings on the lake.  If you need information on any of the following properties don't hesitate to make contact with us.StreetAsking Price Listing OfficeNorth Bay Road$     9,950,000 Coldwell BankerNorth Shore Road$     8,000,000 Coldwell BankerBayshore Drive$     6,750,000 Coldwell BankerOak Point$     6,500,000 Lynne B. WilsonHamiltair$     4,650,000 Lynne B. WilsonShelter Cove Drive$     3,999,999 Coldwell BankerPeninsula Drive S$     3,950,000 Coldwell BankerPeninsula Drive S$     3,900,000 ParkinsonNorth Shore Road$     3,500,000 Coldwell BankerHwy 173$     3,490,000 Lynne B. WilsonNorth Shore Road$     2,9...
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By Sun Lakes Realty Banning, CA
(Sun Lakes Realty, Inc.)
I would like to extend sympathy to those affected by the recent wildfires in Southern California.  My family and I are all too familiar with the shock and devastation a fire can do to a neighborhood.  We were among those who were threatened by the Esperanza fire October of 2006 in Twin Pines.  We were one of the lucky ones that were able to come back to a home.  As the San Bernardino Mountain pulls together closely as a community, it will take some time for healing in the neighborhoods affected.   I am very fond of the Lake Arrowhead and Running Springs communities as I graduated from Rim High School and my husband and I got married in Lake Arrowhead.We had several neighbors who were over the age of 55 on our street that decided that rebuilding was not something they wanted to tackle af...
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By Tammy Henriks
(Prudential Ca. Realty)
Lake Arrowhead is a mile high in the San Bernadino National Forest, among the Pines and Cedar.  Whether you come and stay for the day, a weekend, or a lifetime, you have plenty to do.  Don't let the size full you.  And not to mention the history.  We have the Lake, snow, mountains, clean air and some beautiful views.  
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