WEALTH BUILDING IN LAKE ARROWHEAD, A DREAM FULFILLED
How Does Lake Arrowhead Build Wealth for You and Your Family?
Lake Arrowhead is a mature market with less new construction and many more remodels and upgrades. We are unique as a small, exclusive community, near 7900 homeowners of this private lake. The boundaries of lake ownership is defined by CC&Rs managed by the Arrowhead Woods Architectural Committee (AWAC). Some homes are passed on through family generations.
As the national economy continues to improve, more and more Americans are seeing their personal financial situations also improving. Instead of just getting by, many are now beginning to save and find other ways to build their net worth. One way to dramatically increase their family wealth is through the acquisition of real estate which includes a second home in Lake Arrowhead.
Pulsenomics surveys a nationwide panel of over one hundred economists, real estate experts and investment & market strategists every quarter. They were asked to project how residential prices will appreciate over the next five years.
For example, let’s assume a young couple purchased and closed on a $250,000 home in January. What will that home be worth five years down the road? $293,198, a 17% increase over five years. Be mindful, this illustration based on $250,000 is an entry price cabin in Lake Arrowhead with a 2016 year to date median of $374,000. Mid-year 2016, economists are forecasting prices to increase 4.0%. For a fulfilling life, a home in Lake Arrowhead could add to your wealth, health, and happiness.
www.LakeArrowheadLiving.com has past issues, sales and trends for Arrowhead Trends.
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