Mountain Update

The following chart shows single family homes reported as under contract to Rim Association of Realtors as of February 5, 2009.  Each company is listed with the number of listings they have "in escrow"   Firm Seller Share Coldwell Banker Sky Ridge 45 43% Mountain Top Producers 10 10% Re/Max Lake ...

The following chart shows single family homes reported as under contract to Rim Association of Realtors as of February 5, 2009.  The percentages define what portion of each market sector are foreclosure properties. Area Pending Bank Owned Percentage Arrowbear 4 4 100% Arrowhead Villas 5 5 100% Ar...

The following chart shows single family home sales reported to Rim Association of Realtors for January 2009 for Lake Arrowhead.   Listings Buyer   Market Firm Sold Sales Total Share Coldwell Banker Sky Ridge Realty 7 7 14 37% Remax Lake Arrowhead 1 7 8 21% Mountain Country Realty 2 2 4 11% Coldwe...

The following chart shows the residential sales reported to the Rim Association for January 2009 by area.  For all areas combined on the mountain, 41% were bank owned or REO properties.  Of note is Lake Arrowhead with only 26% of the sales were properties that had been foreclosed on.   Total Ban...

From my experience, there are many myths on both sides of the home buying and selling fence.  Here are 4 untruths held by Sellers and 4 by Buyers. Seller Myth #1: I can always reduce my price later.  Sellers frequently price their home high initially for a time period just to "test the market."  ...

This morning, I got an anonymous question asking if I or anyone else who posts on Activerain actually sell anything.  The question is a good one... in fact, I would be interested to hear from other Activerain participants what kind of results they are achieving.   I can speak for my team that it ...

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...

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...

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...

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...