price reductions: Twin Peaks Real Estate: Price Reduction - 26644 Lake Forest, Twin Peaks Just Reduced to $279,000 - 07/23/08 06:22 PM
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price reductions: Lake Arrowhead Real Estate: Bank-Owned (REO) and Short Sale Properties For Sale (as of 07/21/08) - 07/23/08 02:40 PM
The trend continued again this past week (as it did the week prior) with another 7  bank-owned listings going into escrow.  There were only 4 new bank-owned properties that came onto the market to replace them.  This means the total number of foreclosures has now dipped-down further to 32 homes.  This number is almost the … (0 comments)

price reductions: Cedar Glen Real Estate: Price Reduction - 29324 Lakeview Drive, Cedar Glen Reduced To $169,000! - 07/21/08 10:02 PM
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price reductions: Lake Arrowhead Real Estate: Bank-Owned, REO and Short Sale Properties For Sale as of 7/12/08 - 07/12/08 06:53 PM
The trend continued this past week (as it did the week prior) with 9 more bank-owned listings going into escrow.  There was only one new bank-owned property that came onto the market to replace them.  This means the total number of foreclosures has now dipped-down to 37 homes.  This number is almost the … (0 comments)

price reductions: Lake Arrowhead Real Estate: Bank-Owned (REO) and Short Sale Properties For Sale as of 07/04/08 - 07/05/08 01:54 PM
This is the first week that I can recall where the number of foreclosures and short sales actually went down (though only slightly).   As of today, I show that there are 47 bank-owned listings in our multiple listing service and 38 short sale properties available.This past week, there were only 2 … (0 comments)

price reductions: Lake Arrowhead Real Estate: Bank-Owned (REO) and Short Sale Properties For Sale (as of 6/28/08) - 06/28/08 02:15 PM
Doing my weekly report this morning I had an "Aha-moment." Up until today, I had been searching key words in the remarks section of our multiple listing service to come up with the results that I put in this posting (ie:  bank owned, short sale, reo, lender, approval).  It occurred to … (2 comments)

price reductions: Lake Arrowhead Real Estate: Bank-Owned (REO) and Short Sale Properties For Sale (as of 6/21/08) - 06/21/08 12:01 PM
This is a weekly updated page of bank-owned properties and short sale properties in our mountain communities from Crestline, through the Lake Arrowhead communities and through the Running Springs areas.   Here, we give an accounting for the new listings and those whose prices have been reduced.  Bank-owned listings still haven't broken through … (2 comments)

price reductions: Lake Arrowhead Real Estate: Bank-Owned (REO) and Short Sale Properties For Sale (as of 06/14/08) - 06/14/08 11:28 AM
This is a weekly updated page of bank-owned properties and short sale properties in our mountain communities from Crestline, through the Lake Arrowhead communities and through the Running Springs areas.   Here, we give an accounting for the new listings and those whose prices have been reduced.  Bank-owned listings dropped a tad  this week, … (0 comments)

price reductions: Lake Arrowhead Real Estate: Bank-Owned (REO) and Short Sale Properties For Sale (as of 06/07/08) - 06/07/08 05:08 PM
 This is a weekly updated page of bank-owned properties and short sale properties in our mountains communities from Crestline, through the Lake Arrowhead communities and through the Running Springs areas.   Here, we give an accounting for the new listings and those whose prices have been reduced.  Bank-owned listings continue to climb … (0 comments)

price reductions: Lake Arrowhead Real Estate: Bank-Owned (REO) and Short Sale Properties For Sale (as of 5/31/08) - 05/31/08 06:23 PM
This is a weekly updated page of bank-owned properties and short sale properties in our mountains communities from Crestline, through the Lake Arrowhead communities and through the Running Springs areas.   Here, I give an accounting for the new listings and those whose prices have been reduced.  A new threshold has been … (0 comments)

price reductions: Lake Arrowhead Real Estate: Bank-Owned (REO) and Short Sale Properties For Sale (as of 5/24/08) - 05/24/08 07:28 PM
Bank-owned properties are one step away from crossing into "the 40's" in terms of number of listings for the first time since I've been doing this page.  Seven new REO homes make the list this week, along with an equal number of price reductions.  Short sale properties still hover closer to 30, … (2 comments)

price reductions: Lake Arrowhead Real Estate: Bank-Owned (REO) and Short Sale Properties For Sale as of 5/17/08 - 05/17/08 05:41 PM

Four bank-owned properties went into escrow this past week with list prices ranging from $84,900 to $319,900.  Seven new bank-owned listings took their place, while five price reductions hit the market.  In short sale activity, a whopping nine properties were added to the list, as well as a couple of … (1 comments)

price reductions: Lake Arrowhead Real Estate: The Best Deals Out There... - 05/12/08 03:00 PM
Each Thursday, agents in our association "hit the pavement" to tour new listings, price reductions, etc.  It is how we stay abreast of all the newest listings and the properties that have reduced their prices.  Some are great, others are so-so, still others are not (by any stretch of the imagination) … (3 comments)

price reductions: Lake Arrowhead Real Estate: Bank-Owned (REO) and Short Sale Properties For Sale (as of 05/12/08) - 05/12/08 12:33 PM
Bank-owned properties continue to sell well, especially at the lower price ranges.  There are good deals to be had.  Four price reductions in the REO sector, with almost as many new listings (3).  The number of foreclosed home listings remains around 35 - seems they are selling at roughly the same … (0 comments)

price reductions: Lake Arrowhead Real Estate: Bank-Owned (REO) and Short Sale Properties For Sale (as of 05/03/08) - 05/05/08 12:13 PM
It was a relatively uneventful week with bank-owned properties.  Only 3 new properties and two price reductions.  The total number is edging closer to 40 - almost 10 more than when I started doing this analysis about 2 months ago.  Short sales saw 5 new properties added to their ranks, but not one … (1 comments)

price reductions: Lake Arrowhead Real Estate: Agent Tour Highlights (05/01/08) - 05/03/08 08:57 AM
It was a good-sized tour this week with 11 new listings toured in Arrowhead Woods.  There were no bank-owned listings in Arrowhead Woods this week, but there were 2 short sale properties:
238 Birchwood - 4 br, 3 ba for $457,000934 Grass Valley - 3 br, 2 ba for $275,000According to the … (1 comments)

price reductions: Lake Arrowhead Real Estate: Bank-owned (REO) and Short Sale Properties For Sale (as of 4/26/08) - 04/26/08 06:23 PM
From Crestline, through the Lake Arrowhead communities and including the Running Springs areas, there are currently about 41 properties listed in the MLS as REO or bank-owned properties.  This week there were 6 price reductions and 9 new properties!  Prices range from $74,900 to $514,900.  Additionally, there are now 22 (2 new and 2 price … (0 comments)

price reductions: Lake Arrowhead Real Estate: Agent Tour Highlights (04/24/08) - 04/24/08 04:28 PM
There were some good buys on the agent tour this week, according to our "tour re-cap" group that met this afternoon.  Of the 56 total properties on the route sheet (from Crestline, through the Lake Arrowhead communities and up to Running Springs), there were a handful that our group thought were … (1 comments)

price reductions: Lake Arrowhead Real Estate: Agent Tour Highlights (04/10/08) - 04/11/08 01:07 AM
The influx of new listings continues with 22 new listings in Arrowhead Woods alone on the agent tour this week.   
One new lakefront 4 bedroom, 4.5 bath listing in Point Hamiltair for $5,199,000. 
There were seven price reductions on the whole tour:
770 Cottage Grove, Crest Estates- 3 br 1 ba reduced to $299,000 (agents … (2 comments)

price reductions: Lake Arrowhead Real Estate: Agent Tour Highlights (4/3/08) - 04/03/08 07:37 PM
Today we had 50 properties on this week's "hotsheet."  There were 22 new listings in Arrowhead Woods alone.  Of those 22, there was:
1 Lakefront ($8,900,000 at 27453 Bayshore - 7br, 7.5ba built in 2006) 1 condo ($294,000 for a 3br, 2.5ba near Tavern Bay, Willow Creek #29) 2 short sales (1148 Voltaire … (0 comments)

price reductions: Lake Arrowhead Real Estate: First Quarter 2008 Market Statistics - Arrowhead Woods - 04/01/08 02:13 PM
This post covers only residential sales in Arrowhead Woods (not including condos, lots, or lakefront properties) for the first quarter of 2008 and shows listing and sales activity, including price ranges, median values and averages for days on market and list-to-sale percentages as compared to the first quarter of 2007.
Though we are … (0 comments)

price reductions: Lake Arrowhead Real Estate: Agent Tour Highlights (3/27/08) - 03/27/08 02:42 PM
Every Thursday we have our agent tour for new listings, and properties that are being "re-toured" because of price reductions or other changes (i.e. the house has been cleaned-up, improvements have been made, etc).  This week's "hotsheet" has 43 properties on it.  Of these properties:
4 are vacant land listings
0 Sky Ridge (Twin … (5 comments)

price reductions: Lake Arrowhead Real Estate: Price Reductions - 03/26/08 01:44 PM
Wow!  Approximately 125 properties have reduced their list prices so far this month (according to our multiple listing service).  There are great deals to be had for buyers who are looking.  Many properties go right away after a price reduction has been done (people are keeping their eyes out for great … (3 comments)

price reductions: Lake Arrowhead Real Estate: Price Reductions - 02/21/08 07:14 PM
ARROWHEAD WOODS PRICE REDUCTIONS
As of today, 2/21/2008, there are 302 active listings in Arrowhead Woods (not including condos or lake fronts).  Of the 302, 135 (or 44.7%) have reduced from their original list price. 
Of the remaining 167 active listings that have not reduced their prices, 1/3 of them were listed in 2008 … (0 comments)

 
Real Estate Agent: Greg Steffens (Coldwell Banker Sky Ridge Realty)
Greg Steffens
Lake Arrowhead, CA
More about me…
Coldwell Banker Sky Ridge Realty

Office Phone: (909) 336-7971
Cell Phone: (909) 534-8183
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Lake Arrowhead real estate is unique. It is a lifestyle, not a destination. Because Lake Arrowhead real estate is so unique, so is this blog site. It is to show you the many facets of this wonderful community based on our own experiences, both personal and professional.

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