Key Insights on Mammoth Lakes Real Estate
This 3 bedroom and 3 full bath and 2-car garage townhome is in super clean condition. I call it a deluxe crashpad because that is what it is; great utility with compact, modern efficiency. The project was built in 2006 by Presson Construction of Mammoth Lakes. So this light-and-bright tri-level townhome was built to modern construction codes and quality. It has forced air gas heating, gas cooking … [Read more...]
While on vacation the last couple of weeks I had several inquiries about my relatively new bi-weekly newsletter: they didn't want to sign up, they just wanted to know what it was about. We'll, what I 'm trying to do is give a concise and timely summary of activity and news in the Mammoth real estate world BUT most importantly to discuss SOLDS. You see, people watch the Mammoth real estate … [Read more...]
Since some of my recent readers come here to be entertained by my "ambiguity" and "incessant bullshit" and the new year is a time for reflection, I decided to look back to columns I had written in the past to see how I was doing on my ambiguity and BS over the years. This column was published 17 years ago after 5 winters drought and during a deep recession in California. The one thing I recall is … [Read more...]
The May Real Estate Q&A appeared in this last weekend's The Sheet. This issue of The Sheet was predominately focused on the June 3 election, so the Q&A fit in well. Obviously, second homeowners won't be voting for the Mono County Assessor's position, but I think this information is valuable nonetheless. Q: We noticed on your blog site that you are a member of the Mono County (Property … [Read more...]
Weathermen and climatologists are calling for a “La Nina” weather pattern this winter. La Nina is a product of cooler water temperatures in the adjacent Pacific Ocean. Well, I can tell you firsthand that we are in a La Nina condition. Satellite generated sea surface temperature maps are one thing, but witnessing it is another. The last 6 or 7 years I have spent time on the Pacific during … [Read more...]
September 19–Finally, a new Broker’s Report. I’ve tried to keep the market information updated in my recent Q & A’s, but I’ve had too many inquiries about a new Report, so here goes. The current Mammoth real estate market, from the research I have done, is much like many of the real estate markets on the west coast, and very different in other respects. Call it in limbo, a stalemate, … [Read more...]
To Buy or Not To Buy? That is the question. Q: So let’s say we are looking for a good buying opportunity in the Mammoth real estate market. In fact, we’ve been looking for a couple of years. We’ve seen the market oscillate and we know that this summer the market has been pretty flat. But we really are ready to buy and ready to start using what we buy. What are your criteria for buying or … [Read more...]
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