Lake Arrowhead 2019 Median Price Up 18% at Mid-Year
Median is $435,000 vs 2018 year end of $368,000 for all Arrowhead Woods sales.
We are only a few days into the second half of 2019, but it looks like we are going to have weaker sales. At this moment sales are down almost 25% from a year ago as the national economy show signs of uncertainty in the real estate sales nationwide.
The smart shopper is picking carefully, even as prices rise; fewer sales, higher prices. Confusing? Yes. What to do? Watch the numbers here once or twice a week. Especially pay attention to new listings below, posted weekly, as the best homes sell first.
We're not here to write out the answer to the dilemma, but a phone call to Bob at 909-496-8200 might give you a specific answer.
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!
