Well it has been a crazy summer and I have had no time to blog. Lot of escrows in the works, It seems like there are a lot of buyers coming out of the wood works and buying properties up here in Lake Arrowhead.
Here is a new dock listing I just took today in Village Bay. It is a killer location and worth the 125k that we are asking. The other half was just sold for the same price. What a great boat slip to call your own….
Village Bay - Best Location on the Lake!! Offering a rare half double trex dock, deep water, tailgate access, newer condition, beach area, level entry, and 50 car parking. ALA allows dock starts for skiing or wakeboarding. ALA access #14, 194 S. Hwy 173, between Edgewater Shores and the Village.
If you have any questions about buying or selling a dock please call me direct anytime. (909) 7546119.
Currently there are 31 docks for sale on the lake and I have sold every dock listed since May 2009. Here are some of my Dock Listings
Today was a mostly nice day, the clouds didn’t quite make it over the rim. The temperature was about 48 degrees most of the day and the snow is retreating fast! In the last couple of years in Lake Arrowhead the month of March has yielded the most amount of snow! Nothing yet, but we will see. So far this season we have had a ton of snow, well above average.
Check out this photo captured today off of my webcam
Today is a beautiful day at Lake Arrowhead, “I had to do a little boarding before I went in to the office.” From the Lake Arrowhead Village to Snow Valley it is only a 20 minute drive!
Currently there are 315 properties for sale in the Lake Arrowhead Woods area “Lake Rights,” Properties with lake rights start at $165,000.00 and go well beyond 2 million depending on their location. Lakefront properties start at $799,000.00 with most of the inventory priced above 1.5 million all the way to 9.5 million.
What are and where are the best deals in the Lake Arrowhead area?
Currently the best deals in Lake Arrowhead are the REO’S; bank owned properties. In most cases as soon as the property hits the open market there are multiple offers, and the bidding war begins. The sellers are pricing these homes 10 to 20% below market value. How do you avoid this or get your offer accepted first? The answer is simple….. Make sure your realtor is active, full time, and always available. Most realtors only belong to one MLS. Big mistake…… I belong to multiple MLS boards and get the new listings within hours of hitting the market. I am set up on auto email with specific criteria for each individual buyer that I am working with. It also helps to get a Lake Arrowhead Realtor who is personable and networks with other realtors on a regular basis. Many times we can sell an in house listing before it ever hits the market.
New Construction Properties in Lake Arrowhead:
Most builders are hurting, and they are slashing prices on inventory to get their homes sold. Many buyers are overlooking these great buys, unlike REO’s these properties are immaculate and also priced well. I have three new construction properties with lake right priced well below 400k. Six months ago these properties were all price 100k more. The builders are at the point where they are taking a loss and may need to write a check to the bank to get the property sold.
The Cheapies:
There are properties today priced below $100,000.00 that are in move in condition ready to go! Two year ago it was virtually impossible to find anything anywhere on this mountain priced below $180,000.00. The good news is, is that first time home buyers can actually afford these properties, and there still is 100% financing available!
Five reasons why the time to buy is now;
1. Affordability is better than ever, when was the last time you could buy a home in Lake Arrowhead woods for less than 200k?
2. You have a huge inventory to choose from; a large selection gives buyers more choices and drives down prices. And home sellers have gotten the picture.
3. Local builders are willing to deal and have cut profits to almost nothing.
4. Mortgage interest rates are at an all time low
5. If you qualify you can get a big federal tax credit.
Just because you don’t live in Big Bear doesn’t mean you can’t enjoy snowboarding and skiing. There are plenty of spots in and around Lake Arrowhead to set up a few hits and or rails, including your back yard. Snow Valley is an excellent place to ski and they also have a full snowboarding park. Snow Valley is located just outside Arrowbear and approximately 25 minutes from Lake Arrowhead.
This photo was taken at a park in the National Forest in Lake Arrowhead.
