"I want to buy something in Big Bear at 50% of the market value." Yeah, you and everyone else. There are plenty of buyers out there, even in today's market, that would love to do that. I hear this a lot from buyers but it is an unrealistic expectation in today's information age. The only way you are going to "steal" a property in this market is if few agents or buyers actually know about it. Most properties that are sold today are through real estate agents and the MLS. And the one thing you can expect is … [Read more...]
Big Bear Foreclosure Numbers – September 2010
October 20, 2010 by 1 Comment
Foreclosure filings in Big Bear dropped in September 2010, down 3% when compared to August, thus again showing the zig-zag movement of the Big Bear foreclosure market. Year over year, foreclosure filings were down 11% from the September 2009 numbers, the ninth straight month that foreclosure filings were down year over year. Foreclosure filings are made up of three parts - Notices of Default (NOD), a recorded document that starts the foreclosure process, which is normally filed after homeowners fall behind in … [Read more...]
Big Bear Home Sales – September 2010 & Third Quarter 2010
October 10, 2010 by Leave a Comment
Home sales in Big Bear rose 20% in September 2010 while the median sales price remained relatively the same, up just 1%. The average sales price was up 3% in September. Big Bear Home Sales Home sales in September (84) were up when compared to the August sales (70). Year over year however, sales were down 12% from September 2009 (95). 24, or 29%, of the 84 sales were bank owned, the same % as last month. This is the second straight month that bank owned sales have made up a lower than average showing. The … [Read more...]
Big Bear Foreclosure Numbers – August 2010
September 18, 2010 by Leave a Comment
Foreclosure filings in Big Bear rose back up in August 2010, up 5% when compared to July, continuing the zig-zag movement of the Big Bear foreclosure market. Year over year, foreclosure filings were down 25% from the August 2009 numbers, the eighth straight month that foreclosure filings were down year over year. Keep in mind, foreclosure filings are made up of three parts - Notices of Default (NOD), a recorded document that starts the foreclosure process, which is normally filed after homeowners fall behind in … [Read more...]
Big Bear Home Sales – August 2010
September 7, 2010 by Leave a Comment
August home sales in Big Bear remained flat while the median sales price showed a slight drop, and the average sales price rose moderately. Big Bear Home Sales Home sales in August (68) were level when compared to the July sales (68). Year over year however, sales were down 9% from August 2009 (75). 20, or 29%, of the 68 sales were bank owned, 7% less than last month. This is one of the lowest months for bank owned sales that we've seen in some time. The monthly average is normally in 40-50% range. 7 of the … [Read more...]
Big Bear Foreclosure Numbers – July 2010
August 16, 2010 by Leave a Comment
Foreclosure filings in Big Bear dropped in July 2010, down 5% when compared to June, continuing the zig-zag uncertainty of the Big Bear foreclosure market. Year over year, foreclosure filings were down 14% from the July 2009 numbers, the seventh straight month that foreclosure filings were down year over year. Notices of sale saw a decent size drop while notices of default were down slightly. The number of properties going back to the bank in July came back up, but it was still on the lower end of the monthly … [Read more...]
Big Bear Home Sales – July 2010
August 15, 2010 by Leave a Comment
The number of homes for sale in Big Bear continued its upward rise with no end in site since hitting the trough in February 2010. The median and average sales prices jumped up again after falling in June, while home sales slipped down slightly in July. Big Bear Home Sales Home sales in July were down 6% when compared to the June sales (68 v. 72). Not a huge decrease but would be better for the market if it were 10-20% higher. Compared to last year, sales are down 22% from July 2009 (68 v. 87) :( . 24, or 35%, … [Read more...]
How to Be a Fantastic Buyer’s Agent
August 3, 2010 by 1 Comment
Early this week I had the pleasure of meeting a great couple who were looking for a new buyer’s agent in my area. They had been working with a different Realtor for almost a year and had not had any success in purchasing a vacation home in Big Bear. As I listened to their story, it became more and more evident that they had been using somebody who was not versed in the art of being a superior agent for their client’s. Many Realtors seem to think that all there is to representing a buyer is getting them in the car … [Read more...]
Sure Fire Way To Increase Sales
July 27, 2010 by Leave a Comment
Direct link to YouTube video Take care of your customers and your sales will do better. Seems easy enough, yet many companies fail miserably in the customer service area. And many don't even think about it when looking to improve sales. Rather, they think in order to improve sales they have to spend more money advertising, cut costs, spend more time on the Internet or social media. There are plenty of companies out there proving that customer service drives sales - Zappos, Redfin, Starbucks, Apple are a … [Read more...]
Big Bear Foreclosure Numbers – June 2010
July 22, 2010 by Leave a Comment
Foreclosure filings in Big Bear rose in June 2010, up 25% when compared to May, continuing the zig-zag uncertainty of the Big Bear foreclosure market. Year over year, foreclosure filings were down 12% from the June 2009 numbers, the sixth straight month that foreclosure filings were down year over year. Notices of sale saw a big spike while notices of default were up modestly. The number of properties going back to the bank in June was the lowest we've seen since February 2009. Keep in mind, foreclosure filings … [Read more...]
