Mountain Update

By
Real Estate Broker/Owner - Coldwell Banker Sky Ridge Realty
The Mountain's Top Broker's Real Estate Blog

ARCHIVED BLOG POSTS

2009 

If you want to know what a home is worth do not go to Zillow or any of the other automated valuation services.  These services deliver completely useless estimates of value.  The values they project are based on County Records which are known to be ridiculously inaccurate and information that is...
01/29/2009
With interest rates at record lows, all lenders in the US have recently seen a sharp increase in loan applications - right at the time that many lenders have cut headcount to save money in a challenging economy. This means that timeframes needed for underwriting, approvals and closing have becom...
01/28/2009
Some Time Ago,, I requested that our sales team give the answers to the following 5 questions.  Who are we?  What do we do? Whom are our customers?  What makes us unique? and What value to we bring to our customers?  The following are the raw un-edited answers I received back to the second quest...
01/26/2009
The following chart shows all single family home sales in Lake Arrowhead from October 23, 2008 to January 21, 2009 according to Rim O' The World Association of Realtors. Coldwell Sky Ridge Realty had more listings sell than nearly all other companies combined for this period.  Sellers serious ab...
01/24/2009
Lenders in the current evironment in most instances are approving "Short Sales."  A "Short Sale" is when the lender allows a homeowner to sell a property for less than the existing values of the loans against it, forgiving the difference. As the number of homeowners in default on their mortgages...
01/24/2009
What is a "Short Sale"? A short sale is when a homeowner owes more than the property is currently worth at market rate.  The bank(s) holding the trust deed(s) negotiate with the homeowner and accept a lesser amount than is owed, hence they are "short".  (also referred to commonly as "upside down...
01/24/2009
The following chart shows all single family home sales reported to Rim Association of Realtors for the calendar year 2008 as of January 4, 2009   Firm Sold Coldwell Banker Sky Ridge Realty 101 Re/Max Lake Arrowhead 51 Century 21 High Country 18 Prudential California Realty 15 Mountain Country Re...
01/24/2009
The following chart shows all single family home sales in the Crestline Market reported to Rim Association of Realtors, and Mountainlakes MLS for the calendar year 2008 as of January 4, 2009.      Firm Sellers Buyers Total Coldwell Banker Sky Ridge Realty 43 26 69 Century 21 San Moritz 11 13 24 ...
01/24/2009
I did a recent study of our closed transactions, I looked at September, October, November and December to see where the buyers we represented came from.  The following chart shows the percentage data.  What this data tells me is that nearly 1/2 of the buyers that work with Coldwell Banker Sky Ri...
01/23/2009
The following chart shows all single family home sales in the Crestline Market reported to Rim Association of Realtors for the calendar year 2008 as of January 4, 2009.    Firm Sellers Buyers Total Coldwell Banker Sky Ridge Realty 43 25 68 Bibby Realty 9 10 19 Remax Lake Arrowhead 5 13 18 Out of...
01/06/2009
Rainer
69,917

Steven Keefe

local_phone(909) 336-2131
smartphone(909) 744-7690
Contact The Author