Mammoth Lakes in 2013
A condominium sold for a median of $265,000 — $376,024 in today’s money, 53% below where it stands now. The Mammoth Times ran 13 stories we can still read.
What happened
- Economy & ratesBanks chase jumbo loans, lifting Mammoth's high end
From roughly 2013 banks competed aggressively for jumbo mortgages while shying away from smaller loans, and jumbo rates briefly fell below conforming rates.
helped explain why Mammoth’s upper end residential market has been so strong the past two years
Paul Oster Broker Report → - Town governmentMammoth Lakes Tourism Business Improvement District formed
The Council adopted the resolution of intention forming the TBID, with assessments of 1.5 percent on restaurants and retail, 1 percent on lodging and 2 percent on ski lift and ski school, targeted for implementation August 1 2013. Renewed several times; the current term runs September 1 2023 to August 31 2028 at an estimated $6.67 million a year.
Town of Mammoth Lakes / Mammoth Lakes Tourism / The Sheet → - Town governmentMLLA settlement and withdrawal from bankruptcy
The Town settled with its major creditor and withdrew the Chapter 9 petition, then restructured and re-hired; the bankruptcy was never completed.
the Town withdrew from the bankruptcy after settling with their major creditor
Paul Oster Broker Report →
What the paper was writing about
Headlines only, linked to the Mammoth Times. We read the Internet Archive’s copies and cite the paper; the words are theirs.
- 03-18RAW: Hearings set for big solar energy project near Death Valley
- 10-03Mark Webber wins 2009 Brazilian Grand Prix
- 10-03World Wrestling Entertainment heir Shane McMahon resigns from the company
- 10-03Suspect arrested for murder of Iraq's entire taekwondo team
- 10-0420 years on: Sioux City, Iowa remembers crash landing that killed 111
- 10-06Medvedev asks for resignations from Russian Olympic officials after performance in Vancouver
- 10-06Hockey player Georges Laraque joins Green Party of Canada
- 10-06Golfer Tiger Woods delivers apology speech
- 10-08A veggie tale
- 10-08Moline man convicted in neighbor's murder sentenced to life in prison
- 10-08Mallards add veteran blueliner Fisher
- 10-08Burning is only solution for rural Scott County leaves
- 10-08Baby Lanta Thomas
The ground
30 recorded earthquakes of magnitude 2.5 or greater in the Long Valley Caldera, the largest at M3.8.