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Wrightwood Real Estate News
The real estate market for the Southern California mountain community of Wrightwood Calif. peaked in June and July of 2006. Since then Wrightwood Real Estate has seen a continuous downward deterioration of home prices and activity. Although prices remain soft the Wrightwood real estate market activity seems to be experiencing an uptick. In January and February 2008 seven Wrightwood homes were sold. In contrast, in January and February of 2009, 15 homes sold almost doubling that of 2008 for the same period. It may indicate that Wrightwood mountain home sellers are approaching the price points that are meeting that of the buyers expectations. The main barrier to sell, in these times, seems to be the home lenders. They have shifted to the opposite extreme of the spectrum concerning credit. What we are currently experiencing is well qualified buyers having trouble qualifying for modestly priced loans. Wrightwood's Park Place Realty currently has multiple offers that are in a state of in limbo while anticipating and awaiting bank responses. With the onset of Spring real estate foot traffic in the mountain town of Wrightwood California seems typical for this time of year. We have noticed numerous local mountain home sellers transitioning their homes into the rental market as opposed to the further lowering of prices due, in part, to the stability and increases in rental prices and overall activity. These are good signs showing that we may be approaching a bottom in terms of real estate prices. As for the future buyers would do well to take advantage of the current market and price points, while Wrightwood real estate sellers should hang on for the much anticipated turn around which we all have hopes of surfacing in and around 2010. ...read more
By Wrightwood's "Country Life Styles" Park Place Realty April 02, 2009
Wrightwood Real Estate Alert
We just received a new listing located at 5312 Chaumont in Wrightwood. This one we want to show-off. This home has a view into the valley that is breathtaking. Home has 2 huge master suites coupled with 3.5 bathrooms. Completely remodeled with everything that the discriminating high-line buyer would want and or need. Outside, you are greeted by a rock waterfall leading up to the 600 sqft deck. After opening the front door, the large foyer leads to a double door entry with newer hand laid stone flooring throughout that warmly invites you into the living room area. Large vaulted ceilings and fireplace graciously give you that instant feeling of warmth. Throughout the rest of the home you will find genuine 3/4 inch hardwood flooring, newer carpeting and travertine tile. The kitchen has granite counters and newer matching stainless steel appliances. For heating, you have multiple options which include a fireplaces, a wood burning stove with house blower and a faux fireplace furnace in the 2nd master suite. This bedroom also has a new oversized bathroom with steam shower. The garage is an oversized 1200 sqft with private entrance and heating. Overall the home is 3029sqft. with a view lot size of 15612 sqft. ...read more
By Wrightwood's "Country Life Styles" Park Place Realty August 21, 2008
Wrightwood Real Estate Alert
This week we received a gorgeous Wrightwood mountain listing for a Large Tudor Style Home. This chalet is nestled among many Jeffery pine trees only a mile away from the most visited ski resort in So-California, Mountain High. This Wrightwood beauty boasts newer windows, paint inside and out, warm and inviting wood ceilings with exposed beams in the living room, and a rock fireplace with a wood mantle and built-in book shelves. Downstairs is a spacious laundry room with plenty of storage, and a dining area that opens to the backyard via a sliding glass door. Upstairs are three bedrooms, one with three closets and a sliding glass door that leads to a balcony, the other with a view of the backyard. Off the hallway is a recently remodeled full bath with a dazzling granite counter top and shower. The master bedroom is a retreat within itself providing access to the balcony and its own remodeled full bath with his-and-her sink/mirror combinations, granite counter tops, shower and a custom glass shower enclosure. Outside the sprawling backyard features raised wood decking and is completely gated for privacy. The property is accented by lots of trees and a two car attached garage. This well-built Wrightwood mountain home is move-in ready. ...read more
By Wrightwood's "Country Life Styles" Park Place Realty March 28, 2008