Big Bear Real Estate Fast Facts: 905 Active residential listings valley wide / only 49 (5.4%) of these are Bank Owned REO properties. Big Bear is not a foreclosure mecca, but there are some great deals to be found. Inventory is down from 2008 and holding around 900 for the last 30 days. This is usually a time of the year when the inventory naturally increases for the summer months ahead. 126 Pending sales in escrow / 40 (31.7%) of these are Bank Owned REO properties. Surprisingly, only 21 of these are short … [Read more...]
Big Bear Foreclosure Numbers – April 2009
May 14, 2009 by Leave a Comment
The foreclosure filings for Big Bear (notices of default, notices of trustee sale, and properties that went back to the bank) in April 2009 were down 5% as compared to March 2009. But, they were up 20% when compared to April 2008, or year over year. There were a total of 92 properties in the Big Bear area that received a notice of default in April, which is down 14% from the all-time high we saw in March 2009. Even though there was a decline, 92 is still on the very high end of the range (see the chart below) … [Read more...]
Big Bear Real Estate Monday Market Update For 5/11/2009
May 11, 2009 by Leave a Comment
Below is your weekly update for the Big Bear real estate market as of 5/11/2009. Property Type Listings for Sale Change from Last Week Pending Sales Change from Last Week Sales Year to Date Change from Last Week RESIDENTIAL 898 +5 145 +9 241 +13 VACANT LAND 374 +4 10 -1 11 +1 CONDOS 57 +1 6 0 7 0 GOVERNMENT LEASE 13 +1 1 -1 0 0 COMMERCIAL & RES INVESTMENT 65 +5 3 -2 7 +2 BUSINESS OPPORTUNITY 14 0 1 0 0 0 TOTAL 1421 +16 166 +5 266 +16 These are the quick stats for the week - 44 new … [Read more...]
Big Bear Home Sales – April 2009
May 7, 2009 by Leave a Comment
Big Bear Home Sales Home sales in Big Bear jumped up 22% in April 2009 as compared to the same month last year, from 50 in April 2008 vs. 61 in Apirl 2009. Also, when compared to the March 2009 home sales, they were up 13% (54 vs. 61). Any rise is sales is always a welcome sign, but a leveling off or rise in prices would be better for home sellers. Year to date, sales are are still up 40% from 2008 (163 vs. 228). 31, or 51%, of the 61 home sales in Big Bear were bank owned while 5, or 8%, were short sales. That … [Read more...]
Big Bear Real Estate Monday Market Update For 5/4/2009
May 5, 2009 by Leave a Comment
Below is your weekly update for the Big Bear real estate market as of 5/4/2009. Property Type Listings for Sale Change from Last Week Pending Sales Change from Last Week Sales Year to Date Change from Last Week RESIDENTIAL 893 -8 136 +9 228 +12 VACANT LAND 370 -1 11 +1 10 0 CONDOS 56 +12 6 0 7 0 GOVERNMENT LEASE 12 -1 2 +1 0 0 COMMERCIAL & RES INVESTMENT 60 -2 5 0 5 0 BUSINESS OPPORTUNITY 14 -1 1 0 0 0 TOTAL 1405 -1 161 +11 250 +12 These are the quick stats for the week - 38 new residential … [Read more...]
Big Bear Real Estate Monday Market Update For 4/27/2009
April 27, 2009 by Leave a Comment
Below is your weekly update for the Big Bear real estate market as of 4/27/2009. Property Type Listings for Sale Change from Last Week Pending Sales Change from Last Week Sales Year to Date Change from Last Week RESIDENTIAL 901 +13 127 -6 216 +23 VACANT LAND 371 -6 10 0 10 +2 CONDOS 44 +2 6 +1 7 +1 GOVERNMENT LEASE 13 0 1 +1 0 0 COMMERCIAL & RES INVESTMENT 62 -3 5 0 5 +1 BUSINESS OPPORTUNITY 15 0 1 0 0 0 TOTAL 1406 +6 150 -4 238 +27 These are the quick stats for the week - 42 new residential … [Read more...]
Big Bear Real Estate Monday Market Update For 4/20/2009
April 20, 2009 by Leave a Comment
Below is your weekly update for the Big Bear real estate market as of 4/20/2009. Property Type Listings for Sale Change from Last Week Pending Sales Change from Last Week Sales Year to Date Change from Last Week RESIDENTIAL 888 -3 133 +4 193 +11 VACANT LAND 377 +3 10 -1 8 +1 CONDOS 42 -6 5 +3 6 0 GOVERNMENT LEASE 13 -1 0 0 0 0 COMMERCIAL & RES INVESTMENT 65 +4 5 0 4 0 BUSINESS OPPORTUNITY 15 0 1 0 0 0 TOTAL 1400 -3 154 +6 211 +12 These are the quick stats for the week - 31 new residential … [Read more...]
The Right Asking Price Makes All The Difference
April 19, 2009 by Leave a Comment
I talk with a lot of home sellers in Big Bear. Some are thinking of selling, and some are trying to sell right now. The conversations are really not all that different. Most of the time, it comes down to the pricing. Here are a couple videos I did over the past week relating to selling a home in Big Bear. See if you can guess what the common theme is for both of these. [viddler id=2d5f7e69&w=545&h=349] This real estate market is for serious sellers only. That's why banks make up more than 50% of … [Read more...]
March 2009 – Foreclosure Numbers For The Big Bear Real Estate Market
April 11, 2009 by 2 Comments
Notices of Default (NOD) in Big Bear eclipsed the 100 mark for the first time in history during March 2009. Up 13% from the previous high of 95 NODs in February 2009, the new record set in March was 107 NODs. This means more and more properties in the Big Bear area going into default, a majority of which will most likely be bank owned in 6-12 months. While the NODs were up, the Notices of Sale (NOS) and the number on properties that went back to the bank were down. NOSs were down 13% in March, from 68 in … [Read more...]
Big Bear Real Estate Monday Market Update For 4/6/2009
April 6, 2009 by Leave a Comment
Below is your weekly update for the Big Bear real estate market as of 4/6/2009. Property Type Listings for Sale Change from Last Week Pending Sales Change from Last Week Sales Year to Date Change from Last Week RESIDENTIAL 894 -8 124 -4 171 +20 VACANT LAND 358 -1 10 +1 7 +1 CONDOS 48 -1 3 0 5 0 GOVERNMENT LEASE 13 +1 0 0 0 0 COMMERCIAL & RES INVESTMENT 57 +1 5 +1 4 0 BUSINESS OPPORTUNITY 14 +1 1 0 0 0 TOTAL 1385 -7 143 -2 187 +21 These are the quick stats for the week - 36 new residential … [Read more...]
