www.mountainupdate.com

New Loan Product From Arrowhead Home Loans

Thomas Crate
Loan Consultant
Arrowhead Home Loans, Inc.
tom@arrowheadhomeloans.com
909.744.0455 Cell Phone

Do you want to buy a home with no down payment? 
Do you have some cash but do not wish to exhaust all of it to buy a home?   
How many times have you been pre-qualified only to realize that the mortgage insurance or higher interest rates keep you out of the price range needed to accommodate your family?   
Rural Development may be able to help!

No down payment and no cash reserve requirements help you qualify.

• Competitive 30 year fixed rates and no monthly mortgage insurance allows you affordable payments.
• Flexible credit and qualifying ratios can help open up new opportunities.
  Rural Development assists thousands of people annually to become homeowners.

For more information or to get pre-qualified, please call Arrowhead Home Loans at (909) 336-1793.

Where do Buyers Come From?

Steven Keefe, Broker/Owner
Coldwell Banker Sky Ridge Realty 
Arrowhead Home Loans, Inc.
www.mountainmoves.com
steve@mountainupdate.com
909.336.2131

In an effort to maintain our position as the market leader in mountain real estate, we generate a report monthly that shows from what source the buyers that use our services to buy real estate come from. 

The following chart shows by percentage where the buyer leads come from for the first 4 months of 2008.  Nearly 1/2 of all of the transactions we do representing buyers comes from what we call our sphere of influence.  Past clients, and personal referrals make up this group.

Source	%
Personal Referral	29%
Past/Repeat Client	20%
Realtor.com	15%
Agent Referral	7%
Sign Call	7%
Up Call	5%
Open House	5%
Walk-In	4%
Agent Advertising	4%
Mailer	2%
Neighbor	2%
Total	100%

Coldwell Banker Sky Ridge Realty on the World Wide Web

Steven Keefe, Broker/Owner
Coldwell Banker Sky Ridge Realty 
Arrowhead Home Loans, Inc.
www.mountainmoves.com
steve@mountainupdate.com
909.336.2131

Coldwell Banker Sky Ridge Realty recognizes and understands the importance of a broad exposure to the internet.  The following list represents a listing of all of the websites associated with Coldwell Banker Sky Ridge realty.  Currently, there are 45 live active websites owned and maintained by our company.  These sites are interlinked and offer the most exposure for sellers available on the mountain.  These sites are also an excellent resource for buyers some of the best values and nicest properties are showcased on these sites.

Website		Owner
www.mountainmoves.com		Company Site
www.mountainupdate.com		Company Blog
www.coldwellbanker.com		Corporate Site
www.coldwellbankerpreviews.com		Corporate Site
www.aboutlakearrowhead.com		Bob & Kathy Winn
www.andrealassak.com		Andrea Lassak
www.arrowheadeliteproperties.com		Kim Kelley
www.arrowheadfred.com		Fred and Lorraine Wagner
www.arrowhead-homes.com		The Home Team
www.arrowheadlakefronts.com		Holly Galligan
www.arrowheadrealtor.com		Jac Jacobsen
www.arrowheadrealtors.com		Team Erambert
www.arrowheadtrends.com		Bob & Patsy Bailey
www.bestarrowheadhomes.com		Barry Lieberman
www.bestofcrestline.com		Lisa Siefert
www.bradyheuser.com		Brady Heuser
www.carolbanner.com		Carol Banner
www.carrollonline.com		Bob Carroll
www.cynthiacarley.com		Cynthia Carley
www.destinationlakearrowhead.com		Johnson/Lorenz
www.deterheuser.com		Deter Heuser
www.gregsteffens.com		Greg Steffens
www.homes4lakearrowhead.net		Kerry Jenkins
www.homesinlakearrowhead.com		The Grant Group
www.jimpricecountry.com		Jim Price
www.joeevansrealtor.com		Joe Evans
www.lakearrowheadagents.com		Jim Newcomb
www.lakearrowheaddreams.com		Tami Lewis
www.lakearrowheadduo.com		Bob & Marti Peck
www.lakearrowheadlife.com		Keith Elliott
www.lakearrowheadlifestyles.com		Mary Orr
www.lakearrowheadliving.com		Bob & Patsy Bailey
www.lakearrowheadpat.com		Pat Enterrios
www.lakearrowheadrealestateagent.com		Josh Jones
www.lakearrowheadsbest.com		Cynthia Raymond
www.mariahardin.com		Maria Hardin
www.mellingerhomes.com		Nancy Mellinger
www.michellesmountain.com		Michelle Hutton
www.padore.com		John & Lori Padore
www.pattiroddick.com		Patti Roddick
www.rolfserve.com		Rolf Garthoffner
www.thearrowheadlife.com		Holly Galligan
www.vallorieandtom.com		Val & Tom Przybylowicz
www.wandablock.com		Wanda & Bruce Block
Other Affiliated Domains
www.beincrestline.com
www.beinlakearrowhead.com
www.beinrunningsprings.com
www.beonthemountain.com
www.cbskyridge.com
www.cbsrr.com
www.coldwellbankercountry.com
www.coldwellbankercrestline.com
www.coldwellbankerlakearrowhead.com
www.eagleridgelakearrowhead.com
www.estatesatthelake.com
www.estatesonthelake.com
www.estatesonthemountain.com
www.exclusivelakearrowhead.com
www.finemountainestates.com
www.finemountainproperties.com
www.greatmountainestates.com
www.lakearrowheadexclusive.com
www.lakearrowheadlakefront.com
www.lakearrowheadlakefronts.com
www.lakearrowheadpreviews.com
www.lakearrowheadshowplace.com
www.luxuryonthemountain.com
www.mountainlakefront.com
www.mountainshowplace.com
www.movetolakearrowhead.com
www.movetothemountain.com
www.previewsbroker.com
www.sellingthemountain.com
www.themountainsbest.com
www.yourhouseatthelake.com

Lake Arrowhead Country Club Real Estate Update

The golf course market is heating up.  Within the last few weeks, a property on golf course went out for $1,750,000 and yesterday a property listed for $1,550,000 went under contract.  Both properties were listed with Coldwell Banker Sky Ridge Realty in Lake Arrowhead.

The following chart shows current listings on the golf course, properties under contract and sales that have occurred in the last 6 months. 

Golf Course Homes Available for Sale
239 S. Fairway	$     599,900	Re/Max Lake Arrowhead
180 Grass Valley #10	$     630,000	Beach and Mountain
180 Grass Valley Road #8	$     675,000	Re/Max Lake Arrowhead
180 Grass Valley Road #20	$     699,500	Coldwell Banker
173 Hillcrest Ct.	$     749,900	Re/Max Crestline
247 El Dorado Dr.	$     799,000	Coldwell Banker
328 Golf Course Road	$     995,000	Re/Max Lake Arrowhead
143 S. Fairway Drive	$  1,400,000	Coldwell Banker
739 Brentwood Drive	$  1,850,000	Coldwell Banker
643 Brentwood Drive	$  1,999,000	Coldwell Banker
374 Golf Course Road	$  2,575,000	Re/Max Lake Arrowhead
Golf Course Homes In Escrow
621 Brentwood Drive	$  1,550,000	Coldwell Banker
Golf Course Homes Sold Last 6 Months
231 S. Fairway	$     580,000	Coldwell Banker
176 Hillcrest Dr	$     635,000	Re/Max Lake Arrowhead
512 Golf Course Road	$  1,750,000	Coldwell Banker

Homes Currently For Sale in Lake Arrowhead

Steven Keefe, Broker/Owner
Coldwell Banker Sky Ridge Realty
Arrowhead Home Loans, Inc.
www.mountainmoves.com
steve@mountainupdate.com
909.336.2131

The following chart shows the total number of single family homes for sale in Lake Arrowhead as of May 6, 2008 according to Rim Association of Realtors.  The total number of listings is 411.  Additionally, I have shown for you companies that have listings, the number they have and what percentage of the market their listings represent.

Company	Listings	Market Share
Coldwell Banker Sky Ridge	162	39%
Re/Max Lake Arrowhead	104	25%
Century 21 High Country	54	13%
Lynne B Wilson	30	7%
Prudential California	13	3%
Windermere	8	2%
OOA	6	1%
Mountain Country	6	1%
Keller Williams	4	1%
Lake Arrowhead Company	4	1%
Parkinson Group	4	1%
Ultimate Home Sales	3	1%
Exit Realty	3	1%
CA Home Sellers	2	0.5%
Re/Max Crestline	2	0.5%
Welcome Home Realty	2	0.5%
Bob French	1	0.2%
Holiday Realty	1	0.2%
Mountain Real Estate Services	1	0.2%
Prime Properties	1	0.2%
Total	411
Top 2 Companies Market Share		65%
Top 3 Companies Market Share		78%
Top 5 Companies Market Share		88%

2008 Home Sales in Lake Arrowhead

Steven Keefe, Broker/Owner
Coldwell Banker Sky Ridge Realty 
Arrowhead Home Loans, Inc.
www.mountainmoves.com
steve@mountainupdate.com
909.336.2131

The following chart shows all single family home sales reported to Rim Association of Realtors from January 1, 2008 to April 30, 2008 and the percentage market share each company has for listings sold. 

Coldwell Banker Sky Ridge Realty had more listings sell than almost all other companies combined for the first 4 months of 2008.  If you are a homeowner looking for a real estate company that provides results, contact Coldwell Banker Sky Ridge Realty at 909.336.2131

Company	Listings Sold	Market Share
Coldwell Banker Sky Ridge	34	49%
Remax Lake Arrowhead	20	29%
Mountain Country Realty	3	4%
Prudential California Realty	2	3%
Windermere	2	3%
Lynne B. Wilson and Assoc	2	3%
Prime Properties	1	1%
Century 21 High Country	1	1%
Associated Realtors	1	1%
Realty World Mountain Resorts	1	1%
Shear Realty	1	1%
Ultimate Home Sales	1	1%
Totals	69

Rim of the World Golf Wins League Title

For the first time in school history, Rim of the World Fighting Scots clinched the Mojave league championship.  Notable Scores for the Rim players were Drake Bialecki with a 79, Robbie Goodwin 83, Reese Hutchins 84, and Meghan Hardin 89.

Winning the league championship is quite an accomplishment... Congratulations Scots

Crestline Home Listed and Sold in 1 Day

Last week, Kim Kelley on of our top agents came to me with some exciting news.  She had earlier that day listed a home for sale in the  Crestline market that one of our competitors had listed for quite some time and the listing had expired without it selling.  Taking the listing was good news, but what followed was even better news.

Kim called one of her clients that was shopping in this price range to let them know about her new listing.  The next day, that client bought the property. 

It amazes me how sometimes things line up so perfectly.  Kim did an excellent job of working with the seller to position the property in a market that currently has a high number of bank owned properties, and utilize her network to put the buyer and seller together.

Congratulations Kim and job well done.

Kim can be reached at Coldwell Banker Sky Ridge Realty, 909.336.2131 on active rain at http://activerain.com/blogs/kkelley or via email at kkelley@cbskyridge.com

Crestline REO Properties

Steven Keefe, Broker/Owner
Coldwell Banker Sky Ridge Realty
Arrowhead Home Loans, Inc.
www.mountainmoves.com
steve@mountainupdate.com
909.336.2131

This morning I searched the Rim Association of Realtors MLS to determine how many homes had sold in the Crestline/Lake Gregory market over the last 90 days.  The total number was 17.  13 of which were bank owned REO properties.

The REO market for the last 90 days represents 76% of closings.  I would suggest this is not a healty number.  The total number of listings available for sale as of today is 177 with 17 of those being bank owned REO properties.  In active listings the REO properties represent approx. 10%.

The good news is that in the Crestline market there are currently 29 properties currently under contract and in escrow.  Of these properties 10 are bank owned representing 34% of the market.

It appears that the Crestline/Lake Gregory market is gaining some momentum and the percentage of non-bank owned properties is on the decline.  This is good news for homeowners in this market looking to sell their property.

For additional information on the Crestline/Lake Gregory market, contact Coldwell Banker Sky Ridge Realty at 909.336.2131, via email at steve@cbskyridge.com or on the web at www.cbskyridge.com.

90 Days of Sales Activity in Lake Arrowhead

Steven Keefe, Broker/Owner
Coldwell Banker Sky Ridge Realty 
Arrowhead Home Loans, Inc.
www.mountainmoves.com
steve@mountainupdate.com
909.336.2131

The following chart shows all single family home sales in Lake Arrowhead for the last 90 days as of April 28