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Mammoth Lakes Real Estate Market Update – May 2021

As of May 1, 2021, the Mammoth Lakes real estate market continues to be hot seller’s market.  What does that mean?  Simply put, it means there are more buyers than sellers.  I continue to receive new buyer calls daily and there are not a lot of options for them.  If/when they do find a property they like, there or multiple offers and often over list price.  The good news for...

2021 Home-Buying Insights From Mortgage Lenders

The majority of buyers purchase their home using a mortgage. So, what do mortgage lenders want buyers to know about buying a home—particularly in today’s hot real estate market? A recent article from realtor.com outlined the key insights mortgage lenders want home buyers to understand if they’re planning to buy a home in 2021, including: Get pre-approved from the get-go. Because...

Finding a New Home for Your Next Stage of Life

Imagine the first place you lived as a young adult. Now imagine trying to fit your life today into that space. Not pretty, right? For most of us, our housing needs are cyclical.1 A newly independent adult can find freedom and flexibility in even a tiny apartment. That same space, to a growing family, would feel stifling. For empty nesters, a large home with several unused bedrooms can become...

Mammoth Lakes Real Estate Market Update – April 2021

As we enter the second quarter of 2021, the Mammoth Lakes real estate market continues to be hot.  What does that mean?  Simply put, it means there are more buyers than sellers.  I am answering new buyer calls daily but there are not a lot of options for them.  If/when they do find a property they like, there are multiple offers and often over the list price.  Some people think a...

SPRING SPRUCE UP: Guest Contributor, Dasha Hervey, Sea and Pine Interior Design

By now you've adjusted to your home being more than just a “shelter.” Chances are your rooms have become offices, classrooms, or the occasional date night hub. You’ve probably also cleaned out spaces to make way for this new existence and maybe even felt a spark of joy in the process.    Yay for you because there are easy, inexpensive ways to make your home feel fresh, curated and...

Is the Real Estate Market Going to Crash?

While many areas of the economy have contracted, the housing market has stayed remarkably strong. But can the good news last? When COVID-related shutdowns began in March, real estate brokers and clients scrambled to respond to the shift. Record-low interest rates caused some lenders to call a halt to new underwriting, and homeowners debated whether or not to put their houses on the market. However,...

Mammoth Lakes Real Estate Market Update – March 2021

There are several different data points to review when analyzing the current state of the Mammoth Lakes real estate market including median price, days on market and total inventory sold. Below is a snapshot of the last several years of transactions closed and current inventory in Mammoth Lakes. Note that this report doesn't include any of the outlying areas beyond Mammoth Lakes. Mammoth Lakes...

Features Home Buyers Want Most in 2021

What buyers want in a home changes all the time. So, the question is—what are home buyers looking for in 2021? The National Association of Home Builders 2021 What Home Buyers Really Want report (outlined in a recent article from REALTOR® Magazine) explored the features that home buyers find the most desirable in 2021, including: So, what are the features that home buyers consider...

7 Tips To Be Competitive In This Hot Real Estate Market

Buying real estate in a hot market can be challenging even for those with plenty of experience. Everyone (even your unemployed cousin) offers advice on how to "win the deal." There is not one guaranteed formula for getting your offer accepted but an experience Realtor® who knows the market can provide tips to increase your odds. These are my "Top 7" Tips for buyers in a hot real estate market....

Mammoth Lakes Real Estate Market Update – February 2021

There are several different data points to review when analyzing the current state of the Mammoth Lakes real estate market including median price, days on market and total inventory sold. Below is a snapshot of the last several years of transactions closed and current inventory in Mammoth Lakes. Note that this report doesn't include any of the outlying areas beyond Mammoth Lakes. Mammoth Lakes...

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