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market: Lake Gregory sales past 90 days - 10/07/09 02:03 PM
Crestline/Lake Gregory Home sales in the past 90 days...
53 Sales
$29,161-$453,000
Median sales price: $127,000 (at 96% of list price)
Average Days on Market 65
29 of the 53 were bank owned, 55% of the sales being REO is down from the previous 90 days at 68% REO when the median price was $129,500.
Hopefully the prices will continue to stabalize and the REO sales will stop driving the prices down. There are currently 16 active bank owned properties in Crestline, still plenty of opportunity to buy a dream cabin at a fraction of the cost.
According to CAR (http://www.car.org/newsstand/newsreleases/augustsalesandprice/) … (0 comments)
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market: Appraisers getting strict, it's good...and bad - 10/14/08 04:21 PM
Wow, the guidelines must be getting more strict! I know this is a good thing, but I just had an appraiser call me and tell me they didn't think they could find comps for this hugely overbuilt 4 car garage house! It's an REO! It's a good deal, I swear...
So I sent her what comps I could come up with but since it is overbuilt clearly there isn't anything as large as this home. I'm thinking, "Smaller homes sell for more, but this home can't be comped??". I get that the lenders are tightening up (a little late!) on … (2 comments)
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market: Real estate paid my mortgage - again! - 10/09/08 03:36 PM
Another first of the month has come and gone and it's another month where I made my mortgage payment based solely on commissions earned. No big deal, right? It is, after all, my job.
I am embarrassed to say, we don't have a large savings account. For the past 4 years, we have used all of our "extra" money to fix up and add on to our home. We (like a lot of Americans) thought that adding equity to our home was a GOOD investment.
So when we received notice that our equity line was closed and our home has … (8 comments)
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market: Lake Arrowhead Real Estate Market - 03/13/08 01:05 AM
Current Market in Arrowhead Woods(Arrowhead Woods, Residential only)
Active listings 314Contingent listings 3In Escrow listings 33Closed transactions (since 2/1/08) 16Average list price on solds (since 1/1/08) $637,261Average sale price (since 1/1/08) $559,364Average Days on Market 173
Current Lakefront Market
Active listings 28Contingent listings 0In Escrow listings 0Listings sold since (1/1/08) 3Average list price on solds (since 1/1/08) $2,325,000Average sale price (since 1/1/08) $2,106,000Average Days on Market 218(All data pulled from Rim o the World MLS)
… (5 comments)
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Holly Galligan
Lake Arrowhead,
CA
More about me…
Coldwell Banker Sky Ridge Realty
Address: Po Box 1089, Lake Arrowhead, CA, 92352
Office Phone: (909) 336-7937
Cell Phone: (909) 838-8715
Email Me
Lake Arrowhead and surrounding communities' specialist. I am dedicated to offering Professional Service with a Personal Touch! Put me to work for you.
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