Paul's Mammoth Real Estate Blog

  Broker’s Report August18––The dog days of summer find Mammoth with two months of solid and quite impressive summer tourism in the books. That success (and maybe even another decent month to go) may be the difference between some Mammoth businesses making it to next winter or not. Except for a f...

  The past few weeks have become more and more exciting in the Mammoth Foreclosure realm. From attending Trustee’s Sales (aka auctions), to “cash-for-keys” negotiations between lenders and former owners and tenants, to sometimes disgusting “trash-outs”, to seeing happy new owners settling into a ...

Success Leaves Clues––and the Quickbooks Stare   Q: With all the reports of businesses closing in Mammoth, and it seems like the other half are for sale, what is going on? It’s not just the Village businesses. Over the years we’ve watched the businesses c...

Broker’s Report June 16––I’ve got plenty to say this time around so bear with me. I’ll try to be concise. I’ll cover ground including the very interesting current market conditions, the ongoing development planning in Mammoth, the anticipated effect (my guess) of escalating gas prices on Mammoth,...

Assessing The Assessor Q: We noticed on your blog site that you are a member of the Mono County (Property Tax) Assessment Appeals Board. We’ve also been watching the competition for the upcoming Assessor’s election and wondered what input you might have since you should have some interesting insi...

Asleep At The Wheel? Q: In a very recent column you stated that the spring buyers “have exited for the most part and there won’t be any volume of buyers looking until late summer”. I was told from somebody in the industry that business was picking up. Can you explain your perspective? A: Since th...

Broker’s Report April 16––In the spirit of keeping this from sounding like the Broken Record Report instead of a fresh Broker’s Report, I will digress somewhat this time around, but hopefully produce something worth your while. For those serious market watchers who want immediate information, her...

Foreclosures are reaching record numbers in many real estate markets, some to the extent that foreclosure numbers are exceeding actual closed sales. Seeing those kinds of statistics can be shocking. Clearly, the values in those markets will be greatly impacted by the volume of foreclosed properti...

Mammoth Real Estate Q&A for March Q: A recent Los Angeles Times article that featured Mammoth talked about the increasing apartment vacancies in town this winter. Is this for real, is it a trend, and what’s it all about? A: While I like to focus my business on resort residential properties, I alw...