HomePath® Buyer Incentive: June 14 – October 31 Fannie Mae is currently offering Big Bear home buyers up to 3.5% in closing cost assistance through October 31, 2011. A $1,200 selling agent bonus is also available to selling agents who close on an owner occupant property and meet all eligibility requirements and terms and conditions. Terms and Conditions: Buyers and/or selling agents (the agent representing the buyer) must request the incentive upon submission of initial offer. Initial offer must be submitted on … [Read more...]
Local Big Bear Lifestyle
Big Bear locals enjoy a unique lifestyle that few communities can offer. With so many different activities to choose from, the biggest challenge of living up here is deciding what to do next. Whether you’re an outdoor enthusiast with energy to burn or simply in need of rest and relaxation, Big Bear offers something for everyone. Big Bear Valley is home to over 17,000 full time residents and the population can jump to 50,000 over a typical holiday weekend. In the wintertime it’s all about our alpine resorts. … [Read more...]
Big Bear Real Estate Market Update – Thru May 2011
It's been quite a while since I posted some stats on the Big Bear real estate market. To say things have been busy the last 8 months since my previous real estate market update would be an understatement. Things are busy in Big Bear, just not overly productive :-). "I am working twice as hard to make half as much," I like to say. But, I'm not complaining. That said, I had a buyer come in the office yesterday asking where to find my updated monthly sales stats for Big Bear. He was generally upset that I have … [Read more...]
Does Your Big Bear Home Have Wiggle Room?
Direct link to the YouTube video. … [Read more...]
The Chicken or The Egg in Big Bear Real Estate?
YouTube video link. Most sellers think that as long as their property is on the market, buyers are going to look at it. They neglect the fact that many buyers make the decision if they want to see the home before they actually go out to it in person. With so much information available online, buyers are quick to dismiss the properties that miss the mark in one way or another. And it is not that they aren't seeing all of the listings. Unless the buyer lives in the Osama Bin Laden compound with no internet access … [Read more...]
What Do Real Estate and Weather Reports Have In Common?
Link to YouTube video. They are most accurate when describing local conditions. I wrote a post several years ago on this same topic but it is still just as important today - especially given all the news about homes prices, sales numbers, and foreclosures that get published every month. The key point is this - just as you wouldn't watch a weather report in San Francisco (insert any other City name here other than Big Bear) and assume it must be the same weather conditions in Big Bear, you shouldn't take advice … [Read more...]
The First Sale is to The Other Agents
Direct link to the YouTube video. Most sellers don't consider this fact. Understandably, they think mostly in terms of the buyer and who it is going to be. But, before you can find the buyer, you must make sure the real estate agents in Big Bear are sold on your property. By that, I mean they know about it and are actively promoting it to all of the prospects they know. If the agents are sold on it, the process of selling will be a lot smoother for you as a seller. Just imagine multiple agents trying to sell … [Read more...]