Lake Arrowhead Real Estate Prices Rise 9.2%
Fresh daily, keep in touch with the market; protect & grow your nest egg.
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.
RECENT POSTS:
Homebuyers are watching the economy closely, and for good reason. Buying a home is one of the biggest purchases most people ever make.
A lot of buyers are stuck in “wait and see” mode right now. They’re watching rates hover a little above 6% and thinking, I’ll buy once they hit the 5s
There’s been a lot of talk lately about how a government shutdown impacts the housing market. You might be wondering: Is it causing everything to grind to a halt?
Mortgage rates have been the monster under the bed for a while. Every time they tick up, people flinch and say, “Maybe I’ll wait.” But here’s the twist. Waiting for that perfect 5-point-something rate could end up haunting your wallet later.
These days, you’re going to want to get your price right when you get ready to sell your house. Honestly, it’s more important than ever.
After reviewing what Lake Arrowhead Buyers need most affordability and rates!
