Below are the home sales statistics for 2007 in Meadowbrook Estates. The last sale was in August so things have definitely been quiet in the area since then. Currently, there are 13 homes for sale in the Meadowbrook Estates area, ranging in price from $750,000 to $1,695,000. The sizes range for about 2,000 sqft. to 4,500 sqft. This is the perfect area for buyers looking for space and privacy with all the amenities. All of the properties in Meadowbrook Estates are a minimum of one acre of land, most of … [Read more...]
Castle Glen Home Sales For 2007 In Big Bear Lake
January 30, 2008 by Leave a Comment
Below is a list of the 15 homes that sold in the Castle Glen neighborhood as per the Big Bear MLS. The number of sales were down as compared to 2006 but it was still good sales activity. Things have already started off for the better this year in the Castle Glen area as we have had one sale at $1,900,000, one in escrow that was listed for $2,200,000, and several motivated buyers looking in the area. I am an expert in the Castle Glen real estate market so feel free to contact me with any questions. … [Read more...]
Big Bear Lakefront Sales For 2007
January 28, 2008 by
There were a total of 20 lakefront sales in the Big Bear area according the to the Big Bear MLS. While the sales numbers are down from the previous years, lakefronts properties are still selling. Give me a call or drop me a line if you have any questions on these or other properties in the Big Bear Lake area. … [Read more...]
When Is The Best Time To Buy A Home In Big Bear?
January 23, 2008 by Leave a Comment
This is one of the most asked questions I hear from clients when determining the best time to buy a property in the Big Bear area. Trying to time the market, especially in today's real estate market, seems to be an inherent characteristic of most buyers. I recommend looking now to get a feel for the current market options that are available. Be particular for the right deal. Look for the options that might have some built-in equity already in the price (there are some of these out there). If you do not find the … [Read more...]
How Serious Of A Seller Are You?
January 8, 2008 by Leave a Comment
If you are considering selling your Big Bear property, then you will need to consider the following question: Do you absolutely have to sell this home? If the answer to this question is "no", then I would suggest not even trying to sell in the current real estate market conditions. This real estate market is for serious sellers only. What is a serious seller you might ask? A serious seller is someone who has to sell no matter what is going on with the market. A serious seller is willing to price their property … [Read more...]
Thinking of Selling Your Big Bear Home? How Does 2010 Sound?
January 4, 2008 by 3 Comments
If you are thinking of selling your Big Bear home, you may want to take a look at the absorption rate of homes that are currently for sale. This is a great way to become more informed on the local real estate market, whether your are buying or selling. There is an easy to understand article here describing what the absorption rate is and what it means for the real estate market. In simplistic terms, it is the amount of time it will take for a specified set amount of properties to be absorbed under current real … [Read more...]
Big Bear Real Estate Market Stats – Vacant Land Sales For 2007
December 31, 2007 by 2 Comments
As mentioned previously, the real estate market for Big Bear in 2007 will go down as the the slowest year for sales over the last 20 years. In particular, vacant land has appeared to have the biggest drop off in sales activity as compared to single family homes. Each neighborhood in Big Bear is unique and is a special niche. But, the vacant lots that used to fly off the market just a few years ago in areas like Meadowbrook Estates, Castle Glen, Eagle Point Estates, and lakefront properties are now sitting on the … [Read more...]
Are Big Bear Real Estate Agents Sold On Your Home?
December 28, 2007 by 1 Comment
There are often two sales that need to occur before you can sell your Big Bear property. The first sale does not occur with the buyer. Rather, it starts with the real estate agents who are working with the buyers in the area. If the real estate agents in your area are not sold on the property you are trying to sell, then chances are you will have a hard time getting the property sold. One of the many benefits of the MLS cooperation is the ability for all the agents to share information on the properties they are … [Read more...]
Why Relying On Zillow To Price Your Big Bear Home Could Cost You More Than $800,000!
December 23, 2007 by 8 Comments
I use Zillow all the time. Given that they have 3-4 million visitors per month, putting my listings on Zillow is smart thing to do. I also mouse around from time to time to see anything new like the Q&A's, Make Me Move's, and other listings for sale. I have been saying for a while that Zillow's Zestimates can be very inaccurate when it comes to valuing properties in the Big Bear Lake area. This is certainly nothing new as there are many articles out there about this. This fact has never been more true than … [Read more...]
2007 Big Bear Real Estate Market – Slowest Year For Sales In The Last 20 Years
December 21, 2007 by 3 Comments
The number of properties sold in Big Bear in 2007 will end up being the lowest amount in more that 20 years. We still have about 10 days left to go but I think it is safe to come out and claim this at this point. The previous low was in 1993 when we had 1,390 sales. As of December 1, 2007 there were 961 total sales in the Big Bear Lake area. I am expecting the final number for 2007 to be close to 1,050 total sales, off by nearly 24% from the 1993 number. Keep in mind that these numbers include all real estate … [Read more...]
