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Is It Really a Buyer’s Market in Big Bear?

February 17, 2011 by Leave a Comment

Direct link to the YouTube video. Depends on how you look at it? Sure, there are over 600 homes for sale in Big Bear right now. But, how many are truly saleable? I'd say less than 10%. By saleable, I mean priced correctly, clean and easy to show, and it isn't a short sale with no chance of getting approved. So, we've got less than 70 homes on the real estate market in Big Bear that are actually decent options for buyers to look at. When that happens, the buyers are all competing for the same ones. In that … [Read more...]

Filed Under: Big Bear Buyers, Big Bear Market Conditions, Big Bear Real Estate News, Big Bear Sellers, Real Estate Video Tagged With: , , ,

What Do Cash Buyers Know That Others Don’t?

February 15, 2011 by Leave a Comment

Now is the time to buy! Here's a quick video I did on the cash sales in Big Bear along with two conclusions I came to. Direct link to the YouTube video. 1.  People with cash are moving to real estate as a good investment.  They are thinking prices are near the bottom and now is the time to buy. 2.  Just because you are paying cash, do not expect a huge discount off of the sales price.  In Big Bear, you can expect an average of 2% savings for paying with cash as compared to paying with a loan. As discussed in … [Read more...]

Filed Under: Big Bear Buyers, Big Bear Market Conditions, Big Bear Real Estate News, Real Estate Video Tagged With: , , , , ,

2010 Big Bear Real Estate Market Breakdown

February 1, 2011 by Leave a Comment

Click here to see embedded video. PDF of the presentation. … [Read more...]

Filed Under: Big Bear Market Conditions, Big Bear Real Estate News, Real Estate Video Tagged With: , , , , , ,

When is the Best Time to Buy or Sell in Big Bear?

January 31, 2011 by Leave a Comment

Click here to see embedded video. There are several ways to answer this question. From a seller's standpoint, the first four months of the year are the slowest for real estate sales in Big Bear.  But, there is also less competition on the market during these months, which means there are less homes for buyers to choose from.  It is always a good thing for sellers whenever you have less competition, even if these are fewer buyers  out there.  So, I'd say the best time to sell in Big Bear is going to be earlier in … [Read more...]

Filed Under: Big Bear Buyers, Big Bear Real Estate News, Big Bear Sellers, Real Estate Video Tagged With: , , , ,

Another beautiful sunrise in Big Bear.

January 30, 2011 by Leave a Comment

Hello World, how ya been? … [Read more...]

Filed Under: Photo Blog, Uncategorized

5 Options for Big Bear Sellers

January 28, 2011 by Leave a Comment

Link to embedded video here. Seems like I go over this several times a week with potential sellers.  What are their options in this real estate market? Here are my answers - 1.  Sell it - easier said than done. This can be difficult to do if they bought it or refinanced it during the 2003 to 2008 range as many owe more than the market value. 2. Sit & wait it out - not the best choice in my opinion as I don't see any reason things will be better over the next couple year.  There number of properties … [Read more...]

Filed Under: Big Bear Market Conditions, Big Bear Real Estate News, Big Bear Sellers, Real Estate Video Tagged With: , , , ,

Beautiful morning on the east side!

January 3, 2011 by Leave a Comment

Sunrise in Big Bear from Meadowbrook Estates on 1/3/2011 around 6:40 AM … [Read more...]

Filed Under: Photo Blog, Uncategorized

Buyers, Read Those Disclosures First!

December 21, 2010 by Leave a Comment

Link to embedded video. Here's the gist - before you make an offer on a property in Big Bear, be sure to review the seller's property disclosures first. The property disclosures contain lots of important nuggets, some of which may affect your decision to buy the property. What I see most of the time is buyers make an offer, spend several days negotiating back and forth, and finally come to an agreement with the seller. Then, days later when they finally review the property disclosures, they realize there are … [Read more...]

Filed Under: Big Bear Buyers, Big Bear Real Estate News, Real Estate Video Tagged With: ,

Agent Representation is a Two-Way Street

December 19, 2010 by Leave a Comment

Click here to see embedded YouTube video. Here's the gist - just because your agent does not agree with you does not mean they are not representing you.  Much of the value a real estate agent provides lies in their knowledge and experience.  They've been down this road a lot of times in the past. So, when a buyer or seller is looking like they might be getting ready to jump off a real estate cliff so to speak, most agents are going to warn their clients ahead of time and give them advice.  This can come across as … [Read more...]

Filed Under: Big Bear Buyers, Big Bear Real Estate News, Big Bear Sellers, Real Estate Video Tagged With: , , , , ,

Big Bear Market Absorption Rate – 7.7 Months

December 13, 2010 by Leave a Comment

The absorption rate for the Big Bear real estate market now stands at 7.7 months. With 93 homes sales in November, and approximately 715 homes for sale in the area, the market is starting to come in line with a "normal" market, though it is still leaning in favor of buyers. Why is this important?  Knowing the absorption rate will tell you what the real estate conditions are like in a particular price range and area. If you are selling your property, this can help when determining the demand in your area or price … [Read more...]

Filed Under: Big Bear Market Conditions, Big Bear Real Estate News Tagged With: , ,