Lake Arrowhead Real Estate Prices Rise 9.2%
January 8, 2019
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In December, 2018, Lake Arrowhead Real Estate Prices rose 9.2% over December a year ago . 30 homes were sold in Arrowhead Woods last month, nine less than a year ago. The average home size dropped from 2257 square feet a year ago to 1949 Sq /ft last month. Getting a good deal of attention is the ask / sell discount with sellers reducing their sell price by 7.8% vs 5.7% a year ago. The national economy for jobs, interest rates and wages are all looking very good. More stable that expected, mortgage rates are holding below 5%. A second home in Lake Arrowhead is still a really great buy. In 2019, will Lake Arrowhead Real Estate prices rise again? Ask Guru Bob Bailey at 909.496.8200.
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