Lake Arrowhead Real Estate Prices Rise 9.2%
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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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If you've been thinking about selling, you've probably seen plenty of headlines suggesting buyers have just about disappeared.
If the first half of this year has left you feeling stuck, you're not the only one. Mortgage rates stayed higher than people wanted.
Saving for a down payment can feel like the hardest part of buying a home.
After the Fed's June meeting, "I'll wait for rates to drop" is a weaker bet. Here's the honest version of that conversation.
One of the biggest reasons buyers are still sitting on the sidelines is because they think home prices are going to come down.
A lot of people who want to move are telling themselves the same thing:
"Maybe I'll just wait until later this year once things calm down."
