Category Archives: Blog

2018 Real Estate Forecast

2018 Real Estate ForecastWhether you plan to be actively engaged in the 2018 real estate market or not, knowing where the market is headed is important for almost everyone. With 2017 just wrapping up, exact numbers on the year aren’t available but overall 2017 showed strong numbers with home prices up around 6% over 2016 at the end of September and interest rates remaining low through year end.

As 2018 kicks off, expect to see positive growth continue in the real estate market in most areas. Home prices are still expected to rise in 2018 but at a slower rate than the last couple years. Mortgage rates are expected to rise as the year progresses and could possibly reach 5% by year’s end. If you do want to buy a home in 2018, the sooner the better to take advantage of the low rates that are still available.

Many people have wanted to buy homes in recent years but the inventory, especially in homes that traditionally appeal to first time homebuyers, hasn’t been available. This year should change that as we get to the end of the year. It may take until fall to see growth in inventory levels but by year end things should tip in that direction offering more homes in all price ranges as inventory shakes down across the board.

Millennials were a huge portion of the 2017 homebuyers, almost 40% and will continue to play a significant role in 2018. They have established themselves career wise now and with the economy strong, many are well positioned to take on larger mortgages and not have to wait for the homes that typically appeal to first time homebuyers.

New home construction will play a significant part in the inventory shift in 2018. Based on recent building permit applications, new home starts in the single-family sector of homes will likely see growth top 8% providing lots of new homes to the market in 2018. As new homes are available in all prices, inventory will open up across the board as homeowners move up or down to meet their needs and leave existing homes that will become available in larger numbers.

Most news tends to look positive, but home affordability will take a hit if both home prices and mortgages rates rise as anticipated. While this isn’t welcome news, the anticipation of higher available inventory will give people options that weren’t available in 2017 and hopefully minimize the effects of this.

Because of rising prices in recent years and continued growth expected, new home equity lines of credit are expected to soar as more than 60% of current homeowners are expected to have enough equity in their homes to qualify.

No matter what your situation in 2018, overall news is positive. Even if you don’t buy or sell this year, having homes around you appreciate at a steady rate will keep the market strong for when you are ready for your next transition. For additional information regarding the real estate market, I will be happy to answer any questions you may have, help you to find your dream home or determine the value of your existing property

 

 

Nancy Davidson
Mammoth Village Properties
760 937-2301 mobile
800 421-7005 office
866 278-7765 efax
nancy@mammothcountry.com
www.MammothCountry.com
CA Brokers License #01264041

Image courtesy of deedster/pixabay.com


 

Topaz Lodge Fishing Derby

Topaz Lodge Fishing DerbyGet paid for fishing! Topaz Lodge brings you their Fishing Derby recurring daily beginning in January. You could win instant cash for your catch and FREE slot play. $1,500 goes to anglers of the top 5 largest trout or catch a 2-lb trout and get $5 free slot play plus 5 drawing entries.  You could also win $100 cash for Topaz Lodge tagged fish! Visit the Topaz Lodge website to make your reservation today and don’t miss your chance to win big.

Location: Topaz Lake
Dates: January 1, 2018 – April 15, 2018
Recurrence: Recurring daily
Address: 1979 Hwy 395, Gardnerville, NV
Phone: (775) 266-3338

 

Nancy Davidson
Mammoth Village Properties
760 937-2301 mobile
800 421-7005 office
866 278-7765 efax
nancy@mammothcountry.com
www.MammothCountry.com
CA Broker’s License# 01264041

Nancy Davidson is your ultimate real estate resource for Mammoth Lakes, CA and The Eastern Sierra. Visit my website for detailed information regarding today’s real estate markets.

Photo by Taylor Grote on Unsplash


 

For Sale ~ 2 Arrowhead Drive #27, Mammoth Lakes, CA 93546

2 Arrowhead Drive #27 Living RoomCute and Sunny 1-Bedroom Condo!

Well maintained, cute and sunny one-bedroom unit at Wildflower, a private and woodsy complex. Feel right at home in the mountains with south facing views of the Sherwin range. Sold unfurnished this unit features a spacious open layout and the comforts of a wood burning fireplace. There is Bamboo flooring in the entry and kitchen with newer carpeting elsewhere. Unit offers a convenient stack washer/dryer.

2 Arrowhead Drive # 27 Community PoolAdditionally, this unit offers a ski locker, located right outside the front door of your condo.

Very convenient to town, Wildflower is located along the free Green Line shuttle bus route to Mammoth Mountain Ski Area and is walking distance to several popular shops and restaurants along Old Mammoth Road.

Complex amenities include a pool, spa, sauna, common area BBQ, laundry facilities and tennis court.

Click Here to view the virtual tour! For more information visit Wildflower.

Contact Nancy Davidson for All Your Real Estate Needs! For more information or to schedule a showing visit www.MammothCountry.com or email Nancy@MammothCountry.com. Let me make your home selling and or buying experience one of a kind!

 

Nancy Davidson
Mammoth Village Properties
760 937-2301 mobile
800 421-7005 office
866 278-7765 efax
nancy@mammothcountry.com
www.MammothCountry.com
CA Brokers’s Lic# 01264041

Nancy Davidson is your ultimate real estate resource for Mammoth Lakes, CA and The Eastern Sierra. Visit my website for detailed information regarding today’s real estate markets.


 

Travel Safely this Winter

Winter TravelWinter is here, and we have already seen some winter weather that has made travelling more difficult. Staying home isn’t always an option when snowy and icy conditions occur so being well prepared when travel becomes treacherous is the next best thing to not leaving the house.

The first step to being ready in case of adverse winter weather is to be well informed of the current conditions and what might come. Beyond knowledge, having adequate supplies on hand is the best way to be prepared so when you do travel you are prepared in case of unexpected delays or accidents.

When collecting emergency supplies, include the following items.

  • Fully charged cell phone, charging cable and a portable charger
  • Windshield scraper
  • Battery-powered radio
  • Flashlight
  • Extra batteries
  • Water
  • Ready-to-eat packaged foods
  • Extra clothing including hats, coats and gloves
  • Blankets
  • Snow chains for tires
  • Jumper cables
  • Road salt or sand
  • Emergency flares
  • First aid kit
  • Tool kit
  • Road maps and compass
  • Waterproof matches and a container to melt snow for water
  • Paper towels
  • Towels
  • Necessary medicines that you require
  • Waterproof clothing
  • Multi-purpose knife
  • Shovel
  • Backpack
  • Whistle

This may seem like a lot of unnecessary work to put this together and hopefully it will be. If you should have an emergency on the road during winter weather, you will be very glad to have the necessary items to keep you safe until you can travel again or while waiting for someone to come and assist you.

For additional information on winter travel or winterizing your home, feel free to contact me today for a consultation. I will be happy to answer any questions you may have, help you to find your dream home or determine the value of your existing property.

 

Nancy Davidson
Mammoth Village Properties
760 937-2301 mobile
800 421-7005 office
866 278-7765 efax
nancy@mammothcountry.com
www.MammothCountry.com
CA Broker’s License #01264041

Nancy Davidson is your ultimate real estate resource for Mammoth Lakes, CA and The Eastern Sierra. Visit my website for detailed information regarding today’s real estate markets.

Image courtesy of pixel2013/pixabay.com


 

The Early Bird Gets the Worm…and Free Breakfast

Mammoth MountainMammoth Mountain is offering an exclusive advantage to its Cali4nia and Cali4nia Premium pass holders! On the first Saturday of each month, December through April, Cali4nia and Cali4nia Premium pass holders are offered exclusive early lift access on select Mammoth trails starting at 7:30 AM. Follow up your early morning trail run with a complimentary hot breakfast at McCoy station at 8:00 AM (while supplies last).

2018 Early Up Dates:

– January 6, 2018

– February 3, 2018

– March 3, 2018

– April 7, 2018

Visit Mammoth Mountain’s Official website and RSVP today!

 

Nancy Davidson
Mammoth Village Properties
760 937-2301 mobile
800 421-7005 office
866 278-7765 efax
nancy@mammothcountry.com
www.MammothCountry.com
CA Broker’s License# 01264041

Nancy Davidson is your ultimate real estate resource for Mammoth Lakes, CA and The Eastern Sierra. Visit my website for detailed information regarding today’s real estate markets.

Photo by Tim Vanderhoydonck on Unsplash


 

Make Your Move Easier on Your Pets

Moving with PetsWhen you are ready to move to a new home, there are so many things that you must plan for as part of the moving process. When you have so many items to take care of, it may be easy to forget about your pets but moving presents challenges and can be stressful for them too. A few simple plans as you make your moving preparations will ensure your pets are well cared for during and after the move.

  1. Make sure to get copies of your pet’s records from the veterinarian so you can provide them to your new veterinarian.
  2. Research veterinarians before you move. Sometimes unexpected things occur with pets and you need to know where to take them right away should you have an emergency. If you aren’t familiar with the area, ask your real estate agent for a recommendation. Even if they don’t have pets themselves, they likely know many people that do and can make a good recommendation.
  3. Pack the things they need every day where you can get to them easily. This should include food, medicine, a leash and favorite toys.
  4. Plan for regular stops for your pets to get out and move around. Travelling long distances isn’t fun for anyone but most pets aren’t used to regular travelling so making stops frequently will make them more comfortable.
  5. If you aren’t travelling by car, plan well in advance for any special requirements you will need to take care of for your pet to travel by plane or even train, if necessary.
  6. Check your new home as soon as you arrive to make sure it is safe for your pet and nothing was left behind that could harm them in any way. Don’t forget to check the yard too and if there is a fence, make sure there aren’t any openings they could escape through before you leave them in the yard.
  7. Unpack your pet’s things and get them settled first at your new home. Knowing where their food and water will be as well as anything else they need will ease the stress of the move.
  8. Introduce yourself and your pet to your new neighbors right away. If your pet does ever get away from you knowing who it belongs to will help your neighbors get it back to you quickly.
  9. Make sure their tag and collar is on and the tag is updated with your new information if necessary.
  10. Try to keep their schedule as much like it was prior to the move as possible. Enough will be different without changing everything.
  11. Make sure you take time to relax and play with your pet like you always have. You can’t do it all in a day so don’t try. A short walk will do you all good in the middle of a move.

Most of these tips can be easily handled in a couple hours and will allow you and your pets a less stressful move. If you are considering moving, I will be happy to answer any questions you may have, help you to find your dream home and/or determine the value of your existing property.

 

Nancy Davidson
Mammoth Village Properties
760 937-2301 mobile
800 421-7005 office
866 278-7765 efax
nancy@mammothcountry.com
www.MammothCountry.com
CA Brokers’s Lic# 01264041

Nancy Davidson is your ultimate real estate resource for Mammoth Lakes, CA and The Eastern Sierra. Visit my website for detailed information regarding today’s real estate markets.

Image courtesy of rogerio/pixabay.com


 

Happy New Year

Happy New Year_MammothThe Village at Mammoth brings you a family-friendly New Year’s Eve celebration with entertainment, sweet treats, and spectacular fireworks show. The event takes place Sunday, December 31st from 7:30 PM to 9:30 PM, with the fireworks show starting at approximately 9 PM. Hang out with your good friend Wooly, enjoy live music from Jelly Bread, or marvel at the roaming Cirque performers. Enjoy hot cocoa from Huski Chocolate Rescue, holiday snacks, and an adult beverage cash bar .Visit  Mammoth Mountain’s official website for ticket pricing and to purchase your tickets today!

Alternately, beginning at 9 PM, Eagle Lodge will be hosting their 21 and up New Year’s Eve Holiday Party. Bring in the New Year with dancing, DJs, and a midnight champagne toast. Featuring DJ Psycho Therapist and DJ WlDCT, this party is sure to be a blast. Visit Mammoth Mountain’s official website for ticket pricing and to purchase your tickets.

 

Nancy Davidson
Mammoth Village Properties
760 937-2301 mobile
800 421-7005 office
866 278-7765 efax
nancy@mammothcountry.com
www.MammothCountry.com
CA Brokers Lic #01264041

Nancy Davidson is your ultimate real estate resource for Mammoth Lakes, CA and The Eastern Sierra. Visit my website for detailed information regarding today’s real estate markets.

Photo by Kimson Doan on Unsplash


 

Do You Need a Generator?

Snow stormThe thought of no power for days often leads people to buy generators when they hear of a storm approaching. They take the quick route and buy a portable model, which may help keep the most important appliances up and running. However, a standby generator is often the better option because it is installed into the home and will handle a heavier load if necessary. Plus, it just might add to your home’s appeal when you decide to sell.

When You Need a Generator

If you live in an area prone to power outages because of storms, you may find a generator to be helpful. It can keep essential electrical appliances running until power is restored. While you may not need a generator if you only suffer from occasional problems, areas with heavy snow and ice or those with frequent severe storms may benefit from having the equipment on site.

What to Consider

If you’re thinking long-term or have a lot of issues with power outages, you will want to consider investing in a standby unit. While the cost is substantial, it can provide a lot more power than a portable one. It can also be set up to turn on automatically when power goes out, which is important if you are gone from home a lot.

When researching generators, look for one that has enough wattage to handle what you need it to do. Start by making a list of what you don’t want to go without while the power’s down, then add up their watts to get an estimate of what you will need. For instance, a portable heater uses about 1,500 watts and to keep the lights on you will need anywhere from 60 to 600 watts.

Safety is another important concern since generators have been linked to deaths from carbon monoxide. Make sure you have a carbon monoxide detector installed and in working order.

According to Consumer Reports, customers with standby generators were more satisfied with their units than those that purchased portable units. Once it is set up, all you have to do is make sure it has enough fuel to run.

While buying a standby generator won’t increase the value of your home, it might create the perception of value for buyers if the area is known for storms and power outages. It can provide peace of mind for you and for anyone who buys your home later. I would be happy to answer any questions you may have so feel free to contact me for a consultation. I’d be happy to help you to offer you suggestions designed to help you maximize the value of your home.

 

Nancy Davidson
Mammoth Village Properties
760 937-2301 mobile
800 421-7005 office
866 278-7765 efax
nancy@mammothcountry.com
www.MammothCountry.com
CA Brokers License #01264041

Nancy Davidson is your ultimate real estate resource for Mammoth Lakes, CA and The Eastern Sierra. Visit my website for detailed information regarding today’s real estate markets.

Image courtesy RobBye/Unsplash.com


 

Woolly’s Saturday Parade

Woolly's Saturday ParadeWoolly and his friends from the Ski and Snowboard School for music want you to join them as they dance and parade through Village Plaza. This is a must-attend event for kids of all ages. The event takes place December 23rd at Village Plaza starting at 3:45 PM with music, face painting, and complimentary cocoa. Then dance along with Woolly, Huck the bear, Goldie the eagle, and Bucky the deer as you parade around the plaza. Check out Mammoth Mountain’s official website for the official event schedule.

Don’t miss this fun-filled event in Mammoth Lakes this weekend. Woolly’s Saturday Parade is sure to provide plenty of entertainment for the kids.

When: December 23, 2017

Time: 3:45 PM

Where: 6201 Minaret Road, Mammoth Lakes, CA 93546

 

Nancy Davidson
Mammoth Village Properties
760 937-2301 mobile
800 421-7005 office
866 278-7765 efax
nancy@mammothcountry.com
www.MammothCountry.com
CA Brokers Lic #01264041

Nancy Davidson is your ultimate real estate resource for Mammoth Lakes, CA and The Eastern Sierra. Visit my website for detailed information regarding today’s real estate markets.

Photo by Lotte Meijer on Unsplash


 

What to Consider When Buying a Log Home

Buying a Log HomeFor many, they dream of living in a log cabin up in the mountains or somewhere quiet where they can escape from the stress of everyday life. If this is your dream either for your primary home or a vacation property, you should be aware of several aspects of buying and owning a log home.

Look for Quality Construction

You don’t have to be an expert to tell when a log home has been constructed properly. The logs shouldn’t touch the ground, but should be placed on a foundation to prevent rot and other moisture issues. The finish should look well-kept and not be peeling or fading.

Knock on the logs and listen for a solid sound. If the log sounds hollow, it means it’s rotting from the inside. Gutters, downspouts and overhangs are important for any home, but especially for log homes to keep excess water away.

Choose a Home with a Porch

While this isn’t a necessity, you’re probably going to want to sit outside and enjoy the view anyway. A porch helps protect your log home from the sun and rain. It shields the wood from water and ultraviolet rays, two factors that can cause damage.

If the house has a deck, make sure it doesn’t slope back towards the house or it can cause water to pool around the exterior. Look for decay and water damage where the deck meets the home.

Consider a Flame Retardant

You can have a flame retardant applied to the sides of the house as well as the roof to reduce the risk of fire. This will protect your home and help lower your property insurance. Be aware that your premiums may be higher than with other types of homes.

You’ll also want to ensure your log home is appraised correctly. If you live in an area where few homes of this type are located, the appraiser may have difficulty finding accurate comparisons. The risk for a buyer is that the home will be appraised under its true value. When getting an inspection, choose someone with experience in log homes to ensure they don’t miss any important issues.

A log home can provide you with the perfect backdrop for a simpler, quieter life. Just make sure you know what you’re buying before you put in an offer. If you are considering purchasing a log home, I will be happy to answer any questions you may have, help you to find your dream home or determine the value of your existing property.

 

Nancy Davidson
Mammoth Village Properties
760 937-2301 mobile
800 421-7005 office
866 278-7765 efax
nancy@mammothcountry.com
www.MammothCountry.com
CA Brokers’s Lic# 01264041

Nancy Davidson is your ultimate real estate resource for Mammoth Lakes, CA and The Eastern Sierra. Visit my website for detailed information regarding today’s real estate markets.

Image courtesy Ginny Lacey Gorman/flickr.com