Mountain Update

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Real Estate Broker/Owner - Coldwell Banker Sky Ridge Realty
The Mountain's Top Broker's Real Estate Blog
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Earlier this week, 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 que...
02/25/2008
The following chart shows historical information for average mortgage rates by year for the last 35 years.  As you can see the current interest rates are among the lowest in history.  Now is the time to take advantage of the historically low rates.Imagine what it was like in 1981 with those rates...
02/25/2008
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Last night some friends and I tried the local Mountain Taxi service to drive us to dinner.  The owner operator Darin picked us up on time and did a great job of getting us to dinner.This kind of service has been badly needed here in the Lake Arrowhead Area.  If you need a ride, Darin can be reach...
02/24/2008
The following chart shows residential sales of single family homes sold in Lake Arrowhead from January 1, 2008 to February 20, 2008 vs. January 1, 2007 to February 20, 2007.  The data shows that the Lake Arrowhead Market according to the Rim Association of Realtors is down 28% for the number of t...
02/21/2008
I was talking with one of my agents yesterday who took a listing, put it in the MLS and within a few days had 10 offers competing for the purchase.  Who said there aren't any buyers out there.  Clearly, there are buyers in the market looking for good deals.In this market, properties that are pric...
02/20/2008
514 Riviera Drive, Lake Arrowhead Offered at $879,900 located in one of the best locations in Lake Arrowhead.  Across the street from Lake Arrowhead Country Club.  This home has nearly every amenity.  Great Family home or second home retreat.  Totally remodled with many upgrades.  Truly a geat va...
02/20/2008
Conversation in 2004, 2005, 2006:Agent: "We charge 6%.  3% is paid to the Broker who sells your home, and we retain 3% for our efforts on your behalf."Seller:  "I have people lined up to list and sell my home and they all tell me that they will do it for 5%.  You aren't worth 6%."Conversation tod...
02/19/2008
The following properties are available for sale according to the Rim Association of Realtors as of February 19, 2008.  If you need further information on any of these available properties, send me an email at steve@cbskyridge.com and I will email you full details on any of the properties.Golf Cou...
02/19/2008
This morning I was reading a recent article in Time Magazine entitled "Ignore the Headlines."  The author Dan Kadlec empasises his point that in order to beat the market, you can't pay attention to the headlines.  He talks about all the bad news out there and how it affects us... and prevents us ...
02/18/2008
The stars will descend the weekend of April 10 to April 13, 2008 on the Lake Arrowhead resort for the annual Lake Arrowhead Film Festival.  Over the years this event has grown to be one of the premier events here in the mountain communities.  The Lake Arrowhead Film Festival is not the largest fi...
02/18/2008
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Steven Keefe

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