"Better" is a bit of a subjective term, but here are a few answers for you:
The Trails: More of a family neighborhood located adjacent to all of Mammoth's schools, including Cerro Coso college. This community is also popular because of its proximity to the skate park and new Trails End community park.
Mammoth Knolls: Has a reputation for remaining "non-transient" by being very vocal against single family home rentals on a nightly basis. This neighborhood also has CCR's prohibiting nightly rentals.
Old Mammoth: Is popular among Mammoth locals.
Luxury Neighborhoods: Neighborhoods such as Starwood, Grayhawk, Snowcreek Ranch, The Bluffs, Juniper Ridge tend to have a very high level of owner/2nd owner occupancies.
There are a few others, but these are neighborhoods I would consider "Better"neighborhoods with fewer tenants.... more
Well both May and June are always slower months for real estate sales activity in Mammoth Lakes due to the drop off in our tourist numbers. Locals refer to the spring and fall often as the "shoulder season" as it is our winter months and our quick 8-9 weeks of summer that really drive tourism traffic. But buyer demand seems to be remaining high right now, so in my opinion, it's the lack of listing inventory that may keep sales activity a little slow. If some of these sellers could drop their listing prices to be more in line with where market conditions are, i think they could sell their homes much faster and we would see a spike in the number of open escrows. But right now a lot of our listings are over-priced. We know this because any listing that is reasonably priced is seeing offers within the first few weeks of being listed.... more
There is new talk of building a deer fence along Highway 395, from the Airport to Highway 203. While some members of the Local Transportation Commission are in favor of this, others are very much opposed, while others still think that fencing just along the stretch of airport would suffice.
The plan would be to have a tunnel so deer could cross Highway 395 at the Mammoth Yosemite Airport.... more
Developer Impact Fees (DIF) generally have a direct impact on our local market, particularly in a down/stagnant market. In 2011 the Mammoth Lakes Town Council approved a resolution to waive DIF fees for 1-4 unit residential properties and smaller commercial properties. The new Rock n Bowl center is a product of this resolution. This resolution was continued in 2012.
Below is a link to the resolution: