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There’s a lot going on in the United States economy, and that can directly influence the housing market both locally in Mammoth Lakes and nationwide.

So, what does the current economic climate in the US mean for the housing market in the coming months?

recent article from realtor.com outlined insights on the housing market from George Ratiu, senior economist and manager of economic research for realtor.com, including:

  • Mortgage interest rates will probably keep going up. Ratiu predicts that as the Federal Reserve tightens credit flow, interest rates for mortgages will continue to rise—and a 6 percent rate on 30-year loans is a definite possibility.
  • Home prices will continue to rise—just not as quickly. Home prices have been rising at a historic rate. And while that rate of growth will likely slow down in the near future, home prices should continue to rise throughout 2022—due to there being more interested buyers than available inventory in markets across the country.
  • Sellers will continue to have an advantage—albeit a smaller one. Sellers have had a huge upper hand for a long time. And while they’ll likely keep that advantage in the months to come, there are a number of factors (including inflation and rising interest rates which are pricing some buyers out of the market, as well as more inventory hitting the market) that could lessen that advantage, making it a more even playing field for buyers and sellers.

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We have all had one of "those" neighbors, right? I can help.

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If Your Property Needs Major Updating or Repairs, Now Might Be the Perfect Time to Sell It...

More info in my blog, link in bio...

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This weekend is the Flash Fox Trailfest. Mammoth is always coming up with new events and experiences like this. It's so wonderful to live here and be a part of all the fun things going on locally.

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Summer flights are here!

Fly with Advanced Airlines from Hawthorne (HHR) or Carlsbad (CLD) directly into Mammoth Lakes this summer between June 16 and September 12, 2022. United Airlines is offering flights into the Eastern Sierra Regional Airport in Bishop (BIH) this summer. Fy June 24 through September 5, via San Francisco daily except Saturdays.

See you in the mountains!

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#sonjasellsmammoth #mammothcondos #mammothrealestate
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The lakes basin is one of my favorite places to hike. There are so many hidden gems and places to see back there and always a new adventure to find for yourself and your hiking partner (John of course!)

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Not ONE but TWO OPEN HOUSES
Thursday, June 23
9 AM - 11 AM

For full listing details: LINK IN BIO
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That is one way to get out of paying taxes! Crazy!

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The brain of a Realtor® never stops, trust me!

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In a seller's market, making a cash offer will help you compete against other buyers with a mortgage contingency in a bidding war, but it's not a license to make a low offer. If other buyers make a higher offer and are pre-approved for a mortgage, a seller could easily chose to take the calculated risk for more money.

#mammothlakes #californialife #sierra #easternsierra #mammothlife #vacationliving #mammothlifestyle #dailylife
#sonjasellsmammoth #mammothcondos #mammothrealestate
#destinationmammoth #destinationrealestate #mammothmountain #monocounty #mammothhomes #monocountytourism #monocountyrealestate #realestatetips #realestatetipsandtricks
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They say things happen for a reason and that is absolutely true with this sale. My buyer clients were disappointed when they missed out in a multiple offer situation earlier this year. I believe it happened for a reason -- this condo is PERFECT for them! Thanks to Mickey Brown and Sierra Escrow or a smooth transaction!

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My dad died in a car accident when I was 18 years old. He was a man of few words but during those 18 years (especially my high school years🤣) he provided plenty of advice. There was an entire "experiment" he watched me perform. I will spare you the details but the lesson was "we are all replaceable." Sounds harsh but it is true and has kept me on my toes and always doing my best -- nothing is guaranteed.

Anxious to hear the best advice you have received from your dad (or dad figure in your life).

Yes....that's me and my dad❣
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So many activities happening in Mammoth Lakes this summer it's almost impossible to run out of things to do. Mammoth Motocross is this week and its WILD!

#mammothlakes #californialife #sierra #easternsierra #mammothlife #vacationliving #mammothlifestyle #dailylife #motocross
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#destinationmammoth #destinationrealestate #mammothmountain #monocounty #trailrun #nature #summerfun
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11 1

Just listed! 50 Hillside #201 at the Westin. Check it out!

Link in Bio...

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#sonjasellsmammoth #mammothcondos #mammothrealestate
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What will we think of next?! I still don't totally understand the "metaverse" let alone buy real estate there!

#mammothlakes #californialife #sierra #easternsierra #mammothlife #vacationliving #mammothlifestyle #dailylife
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Today starts the Mammoth Yoga Festival! June 16th-19th enjoy the stunning beauty of CA's High Sierra with health & wellness, yoga and meditation.

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Homeowners Should Have Some “Fear of Missing Out” on this market. Check out my blog post all about it...

#mammothlakes #californialife #sierra #easternsierra #mammothlife #vacationliving #mammothlifestyle #dailylife
#sonjasellsmammoth #mammothcondos #mammothrealestate
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If your parents (or another close relative) are giving you money to use toward a down payment on a house, make sure to get a "gift letter" signed by them stating that it's a gift, and not a loan to be repaid. It's also a good idea to have the money in your account months ahead of applying for your mortgage so that the money is "seasoned" in your account.

#mammothlakes #californialife #sierra #easternsierra #mammothlife #vacationliving #mammothlifestyle #dailylife
#sonjasellsmammoth #mammothcondos #mammothrealestate
#destinationmammoth #destinationrealestate #mammothmountain #monocounty #mammothhomes #monocountytourism #monocountyrealestate #realestatetips #realestatetipsandtricks
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Is this a perfect day to go out on the lake or what? Which lake? Have your pick!

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