Juniper Springs Lodge Condos

Juniper Springs Lodge condo hotel is situated at the base of Chair 15/Eagle Express.  The development was built in 1999 and has a total of 174 units.  This building is the “hub” of the Juniper Springs Resort, which is comprised of Juniper Springs Lodge, Sunstone, Eagle Run and Juniper Crest.  Central check-in is located at […]

Financing a Condo Purchase in Mammoth Lakes

Because of the financial crisis of 2008, lenders have made qualifying for a loan (for both the applicant and the property classification) extremely difficult, which continues to impact the potential to finance a condo purchase in Mammoth Lakes.  This is mostly due to the potential “condo hotel” classification that lenders will assign to complexes that […]

A Great Start to Mammoth Mountain’s Ski Season

Mammoth Mountain received a generous amount of snowfall that covered the mountain during the recent storm series in November and early December.  Unlike some other ski areas, Mammoth has the unique quality of having a higher base elevation, as snow levels were quite high.  The heavy wet snowfall laid down a perfect base to begin […]

Mammoth Bankruptcy Cancelled

Many people who were concerned about the possible ramifications of the Town of Mammoth Lakes (TOML) filing for bankruptcy late this summer may or may not be relieved to know that the bankruptcy proceedings were cancelled when the TOML settled with its largest creditor, Mammoth Lakes Land Acquisition (MLLA). TOML agreed to a settlement in the […]

Financing for Mammoth Lakes Condo Hotels

After the house of cards came crashing down in 2008, there has been a standstill for financing on all condos located within complexes that are considered “condo hotels”.  Many prospective buyers who have come to Mammoth in search of the right vacation home (which they can also rent out to help offset the costs of […]

Mammoth Homes: Nightly Rentals

Did you know that most of the homes in Mammoth cannot be rented out on a nightly basis?  Many people who contemplate buying a vacation home in Mammoth Lakes with the intention of renting it out on a short-term basis will not be able to do so in most of the residential subdivisions. The Town […]

June Mountain Ski Resort Closes

After 50 years of continuous service, on June 21, 2012, Mammoth Mountain Ski Area (MMSA) and Starwood Capital Group LLC, announced that they will close June Mountain ski area for the 2012 summer season and 2012/2013 winter ski season.  Because June Mountain has been operating at a deficit since MMSA purchased the resort in 1986, […]

Mammoth Lakes Real Estate Trends

Mammoth Mountain ski area officially closed for the season on Memorial Day weekend.  After a below average snowfall year, this marks one of the earliest closings in several years.  The much anticipated flood of properties hitting the market in the early to late Spring, just haven’t materialized (yet).  This poses an interesting outlook for the […]

Mammoth Mountain: Has the Lack of Snow for 2011/2012 Ski Season Affected Real Estate Values?

Typically, this is the time of year when we begin to see an increase (usually pretty significant) in the number of properties hitting the market.  Most property owners who contemplate selling will usually wait until after ski season, which is especially true for condo owners.  For most complexes, since the bulk of rental income is […]

What are the best property investments in Mammoth?

This question comes up time and time again.  Most buyers looking for property in Mammoth usually want to invest in a property that they will not only enjoy, but will also generate decent rental income, and appreciate in value when the market rebounds.  When clients ask what the best property investments are, I always recommend:  […]

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