Tami's Blog

Lake Arrowhead Lakefront prices just keep going up, up, up.......

Tami Lewis (Coldwell Banker Sky ridge) — Fri, 14 Mar 2008 13:33:19 -0500

Even in todays market, the Lake Arrowhead Lakefronts keep going up in price......

Below is a graph showing the prices for lakefronts from 2003 to 2007. These are prices taken from the Rim of the World Association of Realtors. A lakefront is always a good investment!

Average price for a lakefront in....

2003---- $1,415,184

2004---- $1,063,184

2005---- $1,557,754

2006---- $2,193,780

2007---- $2,401,953

If you have any questions about the Lake Arrowhead area please feel free to contact me at

TamiLewisCBSRR@aol.com

www.LakeArrowheadDreams.com

(951) 318-5590--Cell

Lake Arrowhead is Almost full

Tami Lewis (Coldwell Banker Sky ridge) — Sat, 01 Mar 2008 22:38:02 -0600

I am always being asked what the lake level is and how much more until the lake is full. I am excited to post the latest information from the Arrowhead Lake Association. Keeping in mind that the lake is full when it reaches 5106.70, I would say that we are almost there!

Lake Arrowhead Statistics

Length of Lake		2.2 miles
Length of Shoreline		14 miles
Volume of the lake		47,418 acre feet
Surface when full		782 acres
Deepest Point		185 feet
Number of gallons		15.8 billion
Full Lake Level		5106.70 ft (elevation from sea level)

Recent Lake Levels:

2008-02-29		5105.37
2008-02-18		5104.06
2008-02-05		5103.68
2008-01-30		5103.28
2008-01-15		5101.46
2008-01-04		5100.70
2007-12-31		5099.75
2007-12-14		5099.71
2007-12-03		5099.16
2007-11-28		5098.87
2007-11-15		5099.01
2007-11-02		5099.11
2007-10-25		5099.20
2007-10-12		5099.40
2007-10-01		5099.62
2007-09-27		5099.70
2007-09-15		5099.80
2007-09-02		5100.17
2007-08-23		5100.31
2007-08-16		5100.58
2007-08-04		5100.98
2007-07-27		5101.19
2007-07-18		5101.45 (estimate)
2007-07-03		5101.87
2007-06-28		5102.02
2007-06-15		5102.38
2007-06-06		5102.60
2007-05-25		5102.85
2007-05-15		5103.00
2007-05-04		5103.20
2007-04-27		5103.23
2007-04-17		5103.22
2007-04-06		5103.25
2007-03-30		5103.29
2007-03-16		5103.23
2007-03-07		5103.22
2007-02-28		5103.30
2007-02-13		5102.89
2007-02-05		5102.82
2007-01-31		5102.86
2007-01-16		5102.99
2007-01-03		5103.02
2006-12-29		5103.07
2006-12-14		5102.99
2006-12-05		5102.95
2006-11-30		5103.04
2006-11-16		5103.20
2006-11-06		5103.33
2006-10-31		5103.41
2006-10-16		5103.68
2006-10-05		5103.87
2006-09-30		5103.99
2006-09-17		5104.39
2006-09-05		5104.70
2006-08-30		5104.85
2006-08-15		5105.30
2006-08-05		5105.63
2006-07-30		5105.82
2006-07-15		5106.05
2006-07-05		5106.31
2006-06-27		5106.45
2006-06-16		5106.68
2006-06-05		5106.86
2006-05-31		5106.93
2006-05-12		5107.00
2006-05-03		5106.93
2006-04-25		5106.72
2006-04-14		5106.84
2006-04-03		5107.04
2006-03-20		5107.19
2006-03-15		5107.05
2006-03-05		5106.39
2006-02-28		5105.98
2006-01-27		5104.99
2005-12-22		5103.68
2005-12-06		5103.79
2005-11-11		5104.03
2005-09-05		5104.99
2005-08-29		5105.24
2005-08-22		5105.41
2005-08-08		5105.85
2005-08-01		5106.03
2005-06-06		5107.02
2005-05-30		5107.09
2005-03-28		5106.97
2005-03-04		5106.83 - All Gates are Closed.
2005-02-23		5107.40 - spillways opened February 22, 2005!
2005-02-07		5103.45
2005-01-31		5103.18
2005-01-11		5100.91

Great Lake Arrowhead Lakefront

Tami Lewis (Coldwell Banker Sky ridge) — Wed, 27 Feb 2008 17:52:41 -0600

BEAUTIFULLY REMODELED LAKE ARROWHEAD CHARMER.......5 BD.2 ARE MASTERS,ONE ON MAIN LEVEL.NEW ROOF, CARPET,FURNACE,GRANITE COUNTERS IN KITCHEN, ALL NEW APPLIANCES. THE UPGRADES ARE ENDLESS.INCLUDES GUEST HOUSE WITH WORK SHOP. ALL THIS ON THE LAKE AND ONLY STEPS AWAY FROM 1/2 DOUBLE DOCK

Offered at.....$1,729,000

View the virtual tour..... http://tours.tourfactory.com/results.asp?u=27156&p=1

For more information on this property please contact me at....

(951) 318-5590-Cell

(909) 336-7941-Direct Line

TamiLewisCBSRR@aol.com -E-mail

www.LakeArrowheadDreams.com -Website

The Top 10 Reasons It's a Great Time to Buy Real Estate

Tami Lewis (Coldwell Banker Sky ridge) — Tue, 26 Feb 2008 22:19:56 -0600

1. SELECTION, SELECTION, SELECTION!

There are almost 900 residential properties on the market right now in Lake Arrowhead and the surrounding areas. You know what that means??? Regardless of the price range a buyer desires, there are plenty of houses to choose from; One Story, Two Story? Lake view, Lakefront, Old Charmer, New Construction, Garage or no garage? Take your pick!

2. NO BIDDING WARS!

In 2005 homes were selling above the asking price because there were so many buyers and not enough homes. Not today; there is no competitive bidding in this buyers market!

3. YOU CAN MAKE AN OFFER!

A few years ago when a buyer would make an offer, the only question was how high above the list price could the buyer reach in hopes of being the best offer on the table. Today the sell price vs. price ration is about 96%. A seller will not be insulted if you make them an offer they can't refus

4. PATIENCE IS TOLERATED.

In the hot sellers market that once existed, everything was rushed. Find a house before other buyers did then hurry up and make the offer. Today, a buyer can really take their time; look at several homes and think about their decision over a long lunch or dinner.

5. DUE DILIGENCE IS WELCOMED.

In this market a buyer is encouraged to obtain a home inspection, termite inspection and an appraisal. In 2005 many buyers waived these contingencies in order to gain an advantage over the multiple offers.

6. THERE ARE PLENTY OF SPECS.

In the not so distant past, buyers had to play the waiting game if they wanted a new construction. There were lotteries and waiting lists; some buyers even slept in their cars in order to get ahead of the lines.

7. REPAIR REQUESTS ARE WELCOMED.

After a buyer has a home inspection done, they are allowed to submit a "Request for Repairs" list to the sellers. In the past a seller might insist the home be sold?as-is´. Many times, there were back-up buyers waiting in the shadows to pounce just in case the primary buyer upset the seller (whose home was increasing value almost daily.)

8. FEW, IF ANY INVESTORS.

It is estimated that one third of all sales in 2005 were to investors. These non-owner occupied buyers caused the market to become characterless. It's a great time to buy without having to compete with hundreds of prospecting landlords.

9. LOCATION! LOCATION! LOCATION!

Today's buyers can find homes that are on the Lake, close to The Village, the Ski Slopes or tucked away in quiet seclusion. We have horse properties too! Where ever you want to hang your hat, our market can certainly accommodate you.

10. REAL FINANCING IS AVAILABLE.

The "wink-wink" zero down, no docs, adjustable, sub-prime loans are GONE and FIXED rates are back! FHA financing, first time homeowner bond programs, special loans for teachers and police offers are back in business. It really is a GREAT time to buy Real Estate!

Tami Lewis

(951) 318-5590

TamiLewisCBSRR@aol.com

http://www.lakearrowheaddreams.com/