Mountain Update

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Real Estate Broker/Owner - Coldwell Banker Sky Ridge Realty
The Mountain's Top Broker's Real Estate Blog

ARCHIVED BLOG POSTS

2009 

The next 144 months in the life of Mitchel A. Fuchs will be spent in prison after the 41-year-old officer was convicted and sentenced for a mortgage fraud scheme that may have cost lenders hundreds of thousands of dollars.  In December 2007, Fuchs was indicted on thirteen counts of wire fraud an...
02/17/2009
Facebook:  25 Tips and Tricks   Chances are, if you're not on Facebook already, then you're likely to be getting on it pretty soon. Whether it's your kids or your next door neighbor (or those old friends you just reunited with at your high school reunion), folks around you have been hounding you...
02/17/2009
No, we are not mad at you! Go Jump in the Lake is the brain child of Dr. Pat Rains, president of the noontime Rotary Club, to help raise funds for those in need of help on the mountain. On February 14th at 10am, volunteers will take part in the first annual "PolaRotary Bear Jump" at the Lake Arr...
02/14/2009
Many new homebuyers make the mistake of rushing out to buy things to fill their home with as soon as the seller accepts their purchase offer and the lender pre-approves their loan. But there are still a few major hurdles to overcome before the keys are handed out. Here are some things to avoid d...
02/10/2009
Before deciding on what terms they will offer you a loan (which they base on their "risk"), lenders want to know two things about you: your ability to pay back the loan, and your willingness to pay back the loan. For the first, they look at your income-to-debt obligation ratio. For your willingn...
02/09/2009
In real estate, the best deal and the best house are two different things.  The first decision a buyer has to make is which they want…. The best deal, or the best house.  There is a misconception held by many buyers… Many think that the market is slow and that they don’t have to act.  Some feel ...
02/07/2009
Two of my agents came to me yesterday with a dilemma.  We represent the seller and the buyer in the transaction.  They have been working on this transaction since September 16th.... Today is February 6th.   The buyer is working with someone named Avery Price to secure financing.  It is unclear to...
02/07/2009
The following chart shows single family homes reported as under contract to Rim Association of Realtors as of February 5, 2009.  Each company is listed with the number of listings they have "in escrow"   Firm Seller Share Coldwell Banker Sky Ridge 45 43% Mountain Top Producers 10 10% Re/Max Lake ...
02/06/2009
The following chart shows single family homes reported as under contract to Rim Association of Realtors as of February 5, 2009.  The percentages define what portion of each market sector are foreclosure properties. Area Pending Bank Owned Percentage Arrowbear 4 4 100% Arrowhead Villas 5 5 100% Ar...
02/06/2009
The following chart shows single family home sales reported to Rim Association of Realtors for January 2009 for Lake Arrowhead.   Listings Buyer   Market Firm Sold Sales Total Share Coldwell Banker Sky Ridge Realty 7 7 14 37% Remax Lake Arrowhead 1 7 8 21% Mountain Country Realty 2 2 4 11% Coldwe...
02/04/2009
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StevenKeefe

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