With the slowing of COVID, we have had numerous requests for a market update comparing the real estate frenzy of the past few years with today’s more normalized market. Simply put, the markets of 2020 and 2021 were unprecedented. Given that, those are not market periods we would usually compare to the more typical trends that have occurred in the last 20-30 years. To get a more realistic idea of where the market currently stands in comparison to the recent past, for today, I’ll be covering 2019 through today. As … [Read more...]
Big Bear Real Estate Market off to solid start in 2020!
April 9, 2020 by Leave a Comment
Residential sales in Big Bear were up 9% year over year during the first quarter of 2020, while the average sales price was up 6% as per the Big Bear MLS. There were 270 residential sales from January 1, 2020 to March 31, 2020 vs. 247 sales during the same time last year. The average sales price rose from $364,000 in 2019 to $386,000 in 2020. The average days on market went up a modest 11 days year or year. Given all of the craziness with COVID, it's important to note that the Big Bear real … [Read more...]
Is the Big Bear Real Estate Market Cooling Off?
February 16, 2015 by 1 Comment
It appears that the real estate market in Big Bear is cooling off quite a bit. 2014 was the slowest year for unit sales over the last 10 years. Take a look at the chart & notes below for some more interesting findings. Here's what I noticed - 1. Residential unit sales were down 27% in 2014 compared to 2013. I am not sure if this has something to do with the rising prices, about 10% higher year over year, or more of just a general slow down in the market. Seems to me it could be a little of both. … [Read more...]
Increasing Property Values in Big Bear
October 11, 2013 by Leave a Comment
We’ve enjoyed a summer with plenty of monsoonal rain. Fall temperatures are here, along with a couple inches of snow last night. If you take a drive around Big Bear, you’ll find trees heavily laden with apples and pears. This is a great time of year to plant apple trees and berry bushes. Besides providing a delightful harvest, improving your landscaping is an easy way to increase property value and boost curb appeal. A study done by Virginia Tech in 2007 showed that good landscaping can improve a home’s resale … [Read more...]
Understanding the Value of a Real Agent
September 19, 2013 by Leave a Comment
Not long ago, you had to go to a real estate agent in order to get information on property listings. Books filled with all the local real estate listings were distributed to real estate offices and the agents would review the books and find homes that matched their clients' needs. This information was not readily available to the public. The times have drastically changed. Today, much of the once-private information is now public. But does that mean you can handle the entire real estate transaction on your own? … [Read more...]
Big Bear Real Estate News
September 5, 2013 by Leave a Comment
In our digital economy, international, national and local economies affect our marketplace. As we keep our eye on China, the Euro, the unemployment rate and other leading indicators, the news seems to show an upswing in several economic factors. On the international scene, China’s lifting of some controls is the strongest sign that the government intends to change; according to the New York Times. Some have called the restructuring a symbolic move. But, since it signals a broader acceptance of western banking … [Read more...]
Feng Shui and Your Home
September 2, 2013 by Leave a Comment
This 5,000 year old art is said to bring peace of mind, good health and happiness. Feng Shui means Wind and Water in Chinese. There are many similarities between Feng Shui and the rules of Home Staging. They both address emotional appearance; stressing clutter reduction and the use of furniture to affect traffic flow. Disney, British Airways and Donald Trump are among those westerners taking Feng Shui seriously. Here are a few guidelines for home buyers and sellers! PROPERTY SHAPE If you are buying a new … [Read more...]
Big Bear Lake, An In-Depth Look – Area Videos
April 5, 2013 by Leave a Comment
We are continuing to roll out new videos on the Big Bear area. Today, we dive deeper into Big Bear Lake, highlighting the areas of Big Bear Lake West, Big Bear Lake Central, & Big Bear Lake East. First up, Big Bear Lake West. The most famous part of Big Bear Lake West is Boulder Bay. Known for its picturesque boulder sand lake setting, it's a beautiful sight to see as you enter Big Bear along the south shore. Big Bear Lake West is well treed & quiet, with plenty of outdoor activities nearby, … [Read more...]
Fawnskin, The Quiet Side of Big Bear Lake – Community Video
March 29, 2013 by Leave a Comment
Next in the cue for our community video profiles is the Fawnskin community. Located on the North Shore of Big Bear Lake, the community of Fawnskin is known for its private, treed setting & fabulous views of the lake, ski slopes and surrounding mountains. Throw in the quaint commercial district and numerous outdoors activities, and Fawnskin is the perfect fit for many Big Bear home buyers. Don't take our word on it, check out the video profile above for what others have to say about Fawnskin. For more … [Read more...]
Not Your Mama’s Sugarloaf – Community Video
March 28, 2013 by Leave a Comment
Continuing with our community video profiles, Sugarloaf is next on the plate. Known for it affordable home prices, private setting, and easy access, Sugarloaf is a great option for full-time & second home owners alike. Check out the video profile above for more details on the Sugarloaf lifestyle. If you'd like to read & see more about the Sugarloaf area, here's a link to the Sugarloaf page on our site. Interested in other Big Bear community video profiles? Check out the other communities below. Big … [Read more...]
