Key Insights on Mammoth Lakes Real Estate
Solstice #22 –– This project gets skipped-by because some potential buyers immediately see objections. The first is always the high common area fee, which is right around $1000 per month. The second is cash buyers only. So if you can move past that, you'll find this 2 bedroom/2 bath condo that was completed in 2006. The condition is almost new. The property has a large under structure parking … [Read more...]
This Q&A appears in this weekend's issue of The Sheet. A large crowd here in Mammoth for Fourth of July, the weather is splendid and everybody seems to be having a good time. I've never seen so many people out riding bikes. Q: With all the controversy currently going on in Mammoth I hear lots of local residents expressing that they wish Intrawest never came to Mammoth. I’d like to hear … [Read more...]
I’ve been having strange encounters. I go to VONS and see people I haven’t seen in a long time. If I’m in or near local government offices I see even more of these people. Where have they been? I ask them if they moved away and came back. No. Then I see more––and some ask me if I still live in town! This is really strange. These are people it’s great to see, people that were the fabric … [Read more...]
Mammoth Broker’s Report, January 12, 2010––I can’t end the decade without the cursory look back and I can already hear some accusations of cynicism. But in reality there are many positives. The Mammoth real estate market is once again so aptly summarized by Intrawest’s marketing department; with them fire-selling their last remaining holdings (mainly the Westin Monache and Woodwinds) the … [Read more...]
This Real Estate Q&A was scheduled to run in this week's The Sheet, but I guess they didn't need the filler. I'm working on new Broker's Report so I thought I better post this--don't want to overwhelm my readers with thought provoking material. “It Will Be Amazing” Q: We have been second homeowners in Mammoth for the past 16 years. We bought before Intrawest came on the seen and we … [Read more...]
This Real Estate Q&A appears in the weekend's The Sheet here in Mammoth Lakes. This is the unedited version. In case you want to read the letter it is posted here. More new snow this weekend!! Q: We liked Warren Harrell’s letter in The Sheet this (last) week about Mammoth’s need for boutique hotels. We like your take on things, so what do you think of his ideas? A: First, I don’t … [Read more...]
Broker’s Report Jan. 11––Almost 10 years ago Mammoth Mountain announced a new pre-purchased (in spring for the following winter) and discounted season pass which became known as the MVP (Mammoth Value Pass). The program has been a major success. For previous season pass holders it represented a really substantial discount. But for the other 30,000-plus original purchasers, it made Mammoth … [Read more...]
It was bound to happen. It now appears I am censored. This Q&A written for the Christmas/New Year’s issue of the Mammoth Real Estate Times was rejected. “It seems more than a column, acidic and rather negative...with a kind of nasty, whining tone.” Personally, I think this is one of the most important columns I have written for the benefit of protecting buyer’s interests in this … [Read more...]
I was having trouble getting ready for a vacation and meeting a deadline, so the Mammoth Times editorial staff asked me to pull out an old Q&A that might have some relevance. This column first appeared in the Fall of 1998 and is indicative of what was on people’s minds back then––a real turning point of the Mammoth real estate market and the beginning of the Intrawest’s influence. I … [Read more...]
Yesterday, I decided my career has shifted from real estate broker to crisis counselor. Sellers are coming to the reality of the current micro and macro economics. But with the big “un-veiling” of the Westin in North Village, I had to go take a look. After all, it’s been hiding under a plastic bag for many months. (I was warned about the plastic bag syndrome in my college days.) The … [Read more...]
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