Big Bear Real Estate Market Update The Big Bear real estate market is still moving along in a catfish-like manner. It goes up, down & side to side with no clear direction of travel. One thing's for sure, every month is different right now. Sales were up 14% in October compared to the same month last year but prices were down 9% and 14% for the median and average sales prices respectively. Below is a real estate market update for Big Bear thru October 31, 2011. Year # of Homes Sold Median Sales … [Read more...]
Home Loans and Refinancing
November 14, 2011 by Leave a Comment
Moonridge Real Estate For most of us, our home is our single greatest asset. Arranging a loan based on your home’s accrued equity can be risky. Abusive lending practices can range from equity stripping and loan flipping to hidden terms and extra charges. Equity Stripping Equity stripping or skimming is a form of predatory lending which can work like high cost, risky refinancing. Homeowners facing foreclosure may be promised cash, free rent and the possibility of retaining their home. The unscrupulous lender borrows … [Read more...]
Your Big Bear Home
November 8, 2011 by Leave a Comment
Go Green Save Money Reducing your carbon footprint and “going green” are big buzzwords these days. Winter heating costs have risen over the past few years and it’s more important than ever to reduce energy consumption. Here are a few low-cost and no-cost tips to help Big Bear home owners reduce their carbon footprint and save money at the same time. Use The Heat Of The Sun Open curtains on your south-facing windows during the day to allow sunlight to naturally heat your home, and close them at night to reduce the … [Read more...]
The Proctologist Called…….
November 5, 2011 by Leave a Comment
And they found the bank's head! It's no wonder that the majority of short sales don't ever close escrow. There's not a week that goes by that I don't hear a story similar to the one below. Several months ago I had a short sale property in escrow located in the Boulder Bay area at 39029 Robin Rd. We had it in escrow for $465,000, and after 60-75 days of back-and-forth negotiating with the first lien holder, Freddie Mac, as well as the second lien holder, a private party, we were about 10-14 days away from … [Read more...]
Big Bear Neighborhoods
October 10, 2011 by Leave a Comment
You’ve just won the lottery, or maybe a rich uncle has generously remembered you in his will. You now have the means to live in any Big Bear neighborhood. Where would you live? Here’s my wish list and a few reasons why I’d choose to live there. Boulder Bay Lake Front This is a no-brainer. If you’ve ever walked through a Big Bear lake front home you know why they’re so great - location, location, location. Being able to walk out on your deck and jump in your boat for a lake cruise has to be the cat’s pajamas. And … [Read more...]
Big Bear Homeowner Benefits
July 30, 2011 by Leave a Comment
Opportunity is knocking for those considering a Big Bear real estate purchase. Historically low interest rates, lower real estate prices, and first time buyer incentives have combined to create some of the best real estate opportunities Big Bear has ever seen. Today’s opportunities aside, here are some undeniable reasons why owning a home in Big Bear is one of the best decisions you will ever make. 1. Lifestyle There aren’t many communities that have as much to offer as Big Bear. Winter sports, including skiing, … [Read more...]
7 Things That May Blow Up Your Big Bear Real Estate Deal
July 20, 2011 by Leave a Comment
Few things are more frustrating in life than a real estate deal gone bad. Here are some of the most important things I've learned that Big Bear real estate buyers and sellers can focus on in order to ensure a successful real estate transaction. Communication - Or maybe I should say, "the lack thereof." A real estate transaction has a lot of moving parts : buyers, sellers, buyer's agent, seller's agent, escrow co, title co, lender, appraiser, home inspector, termite inspector and … [Read more...]
Big Bear Real Estate Market Update – Thru June 2011
July 17, 2011 by 2 Comments
Big Bear Home Sales - Year to Date (1/1/2011 thru 6/30/2011) The Big Bear real estate market has slipped even further when compared to 2010, with home sales down 11% - 354 total sold in 2011 vs. 399 total sold in 2010 thru June. This drop is due in large part to a very slow sales month in June. There were 49 home sales in June, compared to 72 sales last June (32% drop), and down from 55 home sales in May. This is actually pretty surprising as sales should be going up this time of year, not down as they have been … [Read more...]
