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...]
Looking For A Vacation Rental Property in Big Bear? Here’s Some Tips to What Makes One Successful…
April 11, 2020 by Leave a Comment
Vacation rentals are likely my most discussed topic while showing property to potential buyers. "How much could this generate annually?" "What are the restrictions?" "Do I need a hot tub?" "What is the best vacation rental area?" . Here in Big Bear, 80% of the homes sold are second ones and a majority of those will take advantage of the short term rental market. So what makes a great vacation rental? Let's dive in... Where should I buy? Location is a big factor (if not the biggest) when you are on your quest to … [Read more...]
