About Lake Arrowhead's Arrowhead Woods

This post deals strictly with ARROWHEAD WOODS statistics as compared monthly to the prior year's activity. This report is for single-family residences only and does not include lakefront homes, condos or lots. We are tracking information regarding new listings and properties sold. We are also looking at some of the averages - days on market and the list to sale percentages.

As you can see, there were 25 more new listings in '08 than in '07, though the median list price went down about $17K. House sales were also 10 up over the prior year, though the median list price went down $40K. Average days on market remained relatively unchanged and the average list-to-sale percentage went up a little more than 1/2 a percent.

When you live in the mountains, you accept the fact that weather is quite different from our "flat lander" friends' weather below (Flat-lander is a GOOD term, really). Generally, our summer days are cooler, as much as 20 degrees cooler, when temps below are scorching hot. Oh, we do get hot up here, once in while. But in the fall and winter months, our temps may ALSO be cooler/colder! We have four, beautiful seasons, and we respect and love each and every one.

Respect, in that, weather can actually change quickly here: from a cool, clear, crisp fall day...to drizzly, rainy, foggy or snowy. So, it's always a good idea to double check weather reports before heading up the mountain. You MAY be experiencing sunny skies down the mountain and think, "Oh, it can't be that bad up there..." But, in fact, it can be very "different."

Here are some sites/links that will make your search fast and, I hope, helpful... before you head out the door for your trek up the mountain.

LAKE ARROWHEAD-UP TO DATE-WEATHER (this link is for Lake Arrowhead, but you can put in another zip code or city)

WEB CAM AT LAKE ARROWHEAD VILLAGE (up to the minute view at The Village)

HIGHWAY CONDITIONS (insert Hwy number (18 for Lake Arrowhead)

WINTER DRIVING TIPS (provided by California Highway Patrol)

For your Lake Arrowhead Real Estate needs, CALL: KAT DELONG, REALTOR.

Q: What's worse than your computer crashing?

A: Your computer CRASHING and LOSING ALL YOUR DATA...every stinkin' bit.

This has happened to me twice in the past two years. You'd have thought, after number #1 crash, I would have backed up EVERYTHING, EVERY TIME I went to log off. But, oh no, I have that "I'll do it later" mentality. And, of course, later never came. I'm one of those naive people who thinks "It won't happen to me." But guess what? It does and can.

Recently, one of "My Three Sons" mentioned he had bought an external hard-drive to backup the data from his laptop. We chatted back and forth about it for several weeks until I eventually BIT the bullet and ordered one. My external hard drive is an IOMEGA and can hold a million-trillion-zillion GIGABYTES (GB) (well, maybe only 250GB). It comes with a USB cord, so I can plug IT into any computer. And it's only about 6X4 inches. (It's the cute PINK square-ish thing to the lower right of my laptop). I'm not suggesting any particular product, only telling you what I have).

Here's what I can do with IT:

1. MOVE/SAVE DOCUMENTS/PICTURES/VIDEOS, etc TO IT
2. MOVE MY 'FAVORITES/BOOKMARKS' TO IT
3. MOVE ALL PERSONAL "STUFF" TO IT
4. BACKUP EVERY THING FROM MY LAPTOP TO IT--THE ENTIRE SYSTEM
5. TAKE IT TO ANOTHER COMPUTER AND UPLOAD ANY OR EVERYTHING FROM IT
6. IF MY 'PUTER CRASHES, AGAIN, I CAN PLUG IT IN... AND VOILA', MY STUFF IS RETRIVED & I WON'T HAVE TO BE RESUSCITATED.

...BUT I didn't stop at the IOMEGA. I also bought a little JUMP-DRIVE (stuck in the left side of my laptop, very small) that has 4GB (that is a LOT), so I can keep it on my key chain. I use this when I don't need my IOMEGA, or don't need to back up my entire system. The JUMP DRIVE is only about 2 inches long and 1 inch wide.

Here's what I can do with IT:

1. TRANSFER/MOVE/SAVE FILES, DOCUMENTS, PICTURES, VIDEOS onto IT
2. PLUG IT IN TO ANY OTHER COMPUTER WHICH I USE AND RETRIEVE ANY INFO I NEED FROM IT
3. OR, UPLOAD INFO FROM IT TO ANOTHER COMPUTER.
4. TOSS IT INTO MY PURSE

I'm sure (if I read everything in the instruction manual for these items) they do MUCH, MUCH more.

All I can say is, THANK GOODNESS I now have a BACKUP PLAN!

For your Lake Arrowhead Real Estate needs, CALL: KAT DELONG, REALTOR.

This section deals strictly with ARROWHEAD WOODS statistics as compared monthly, quarterly and year- to -date to the prior year's activity. This report is for single-family residences only and does not include lakefront homes, condos or lots. We are tracking information regarding new listings and properties sold. We are also looking at some of the averages - days on market and the list to sale percentages. Click on each month for their respective figures.

Comparing August for '07 vs '08, we see that the average days on market increased by about a month, though the list to sale percentages stayed relatively the same. Though the median list price was higher (on average), the median sale price was down considerably...by about $67,000. Additionally, the total number of units sold in 8/08 was less than half of 8/07 (listings were also down). The number of properties that reduced their prices before they received an acceptable offer was cut down significantly - from almost 50% to about 33%.

What does all this mean to me? This, to me, shows market recovery in the works. You might think, "how can that be?" What I see is movement in the bottom-end of the market, I see more buyers in the market than there have been in some time. I see that homes priced aggressively to sell are moving - many times within 90 days. I think the reduced number of listings and the increased median list price shows that many sellers don't have to sell - they can wait for market conditions to become more favorable to them. The stable list to sale percentage supports this - sellers aren't going to give their homes away.

***NOTE TO READERS*** One month a trend does not make....or two. Basing offer prices on market statistics can often be flawed logic. The above information shows averages and median prices. Real estate is a business of individual properties, individual sellers and individual circumstances. Averages don't always apply, median prices don't always reflect true values of individual homes. There are many criteria that must be considered when establishing value....for more information, please give us a call to chat about it at 909.336.7971 or send us an email at info@gregsteffens.com.

24th Annual Antique and Wooden Boat Show and Woody Car Show
You won't want to miss the beauty and grandeur of these beautiful wooden ladies. These boats are polished and pampered and are truly a sensational sight to behold! AND...the beautifully polished Woody cars. Just the thought of woody cars and wooden boats on Lake Arrowhead, brings back memories of the Lake's history and all of the fun family events that happen here, every day at Lake Arrowhead Village.
Brought to you by the Lake Arrowhead Communities Chamber of Commerce.
For more information call, 909-337-3715 or visit www.LakeArrowhead.net

Come out and play in Lake Arrowhead this weekend. Saturday June 7th, you wont want to miss it!

Stay a while and change your Altitude!

Slip over to the Resort for a sample of Bin 189 for dinner, you will love the menu.

For more information

Kim Kelley

Coldwell Banker Sky Ridge Realty

909-336-7949 Direct Line

www.arrowheadeliteproperties.com