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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You've been waiting for something to change before you buy. It just might not be the thing you expected…
While everyone’s paying attention to mortgage rates, only the savviest buyers know that the changing season in Lake Arrowhead can start tipping things in their favor.
You're scrolling through listings on your phone and everything looks good until you see the price (or the estimated monthly payment). Then you close the app. Why?
You may have heard the number of homes for sale isn’t growing like it was.
Ask around and almost every homebuyer out there wants to know if there’s a way to get a better deal. And just about every seller wants to know if they'll still get top dollar.
Imagine waiting a year to buy a home, only to find mortgage rates haven't changed much. That may sound frustrating. But it's a real possibility.
After more than a year of headlines talking about how home prices are going to crash, the latest data shows that price growth may be starting to pick back up again.
