Wrightwood Real Estate Charmer

Located on one of Wrightwood's most charming lots. This home is a newly painted single story home on level lot with a heated over sized two car garage.

Spacious great room with the required typical fireplace, a must for all Wrightwood real estate properties.

Two bedrooms plus a bonus room with one and a half bathrooms. Home has two large decks both with mountain views and all located on a 11,000 plus square foot lot.

Property backs up to wash near the center of Wrightwood, located at 5628 Heath Creek Dr.

Wrightwood Real Estate Jewel

A lovely pine tree surrounded Wrightwood property located at 23430 Flume has just been listed.

A four year old home that boasts original owners (rare weekend usage only), comes with a spectacular great room (29 foot ceiling - floor to ceiling windows) with sensational Wrightwood mountain views. This home has a very efficient floor plan. The master bedroom with a full bath is located downstairs with a second bedroom, loft and 3/4 bath upstairs. A large deck containing two entrances (made with trex type material) with a (2 car) carport underneath enhance this Wrightwood real estate beauty.

An ufinished basement with ample storage area has the easy potential of being including in the overall dimensions of the homes. Home also has high end laminate flooring, stack laundry hook-ups, range, refrigerator, fireplace (with gas starter) and forced air heat.

Owners recently spent $5,000 on landscaping. A low maintenance english garden type front yard is attractively bordered with vinly white picket type low maintenance fencing. Extra large yard includes two Apple trees, three Jeffrey Pines and five Quaking Pines, and all on a nearly level 9000 sf private lot.

A Must See Wrightwood Real Estate Property.....

Wrightwood Real Estate Beauty

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 fully landscaped yard with 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.

Wrightwood Real Estate Forclosures

Foreclosures are increasing in numbers every day in the U.S. while California numbers are keeping step with the national trends. In the sleepy Southern California ski resort town of Wrightwood, current numbers are showing steady increases on the local High Desert Victor Valley multiple listings service.

Wrightwood foreclosures in the two months ending 2007 totaled three with two of the homes quickly selling for $151.12 per square foot. Considering current marketing trends, and during the same period, four non fore-closures sold for $205.73 per square foot. With a discount rate of over $50 per square foot for the foreclosure homes Wrightwood real estate is making the predictable switch from a sellers market to a buyers market. Lenders have filed either an NOD (Notice of Default) or LIS (Lis Pendens) against these homes. Pre-foreclosure numbers in Wrightwood have grown to 16 with increases predicted for the near future.

The recent Southern California foreclosure wave has put considerable downward pressure on current selling prices in Wrightwood. However, there are some positive indicators that the downward trend may be slowing with the recent increase in the percent selling from 15% to 25% from January to February. (The percent selling is defined by the total number of sold divided by the total number of failed plus the total number of sold.) This movement will be further reinforced by the disappearance of winter snow and a transition to the normally strong spring through fall real estate selling months. And with the gradual response of motivated sellers to the challenging price points of foreclosure properties local real estate offices are anticipating a busy season fueled by current rate rumors and non local investors.

Wrightwood Real Estate Update

Wrightwood real estate is currently going through a boomlet. Prices are still weak, but sales are building. Wrightwood real estate continues to be a buyers' market with strong indications that we are reaching a bottom in terms of pricing and sales.

More next week.....