Now is the time to buy! Here's a quick video I did on the cash sales in Big Bear along with two conclusions I came to. Direct link to the YouTube video. 1. People with cash are moving to real estate as a good investment. They are thinking prices are near the bottom and now is the time to buy. 2. Just because you are paying cash, do not expect a huge discount off of the sales price. In Big Bear, you can expect an average of 2% savings for paying with cash as compared to paying with a loan. As discussed in … [Read more...]
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What is the Best Place to Search for Big Bear Real Estate?
https://www.youtube.com/watch?v=[youtube]https://www.youtube.com/watch?v=3wCEi3bG2s4[/youtube] Steve Hirschler Market Specialist, Inventory Expert, Big Bear Real Estate Agent Coldwell Banker Tyler Wood Group 42153 Big Bear Blvd. P.O. BOX 6820 Big Bear Lake, CA 92315 DRE#01703081 stevehirschler@gmail.com 909 866-3481 EXT. 217 CELL 909 725-5889 Fax 909 866-3531 … [Read more...]
2010 Big Bear Real Estate Market Breakdown
Click here to see embedded video. PDF of the presentation. … [Read more...]
5 Options for Big Bear Sellers
Link to embedded video here. Seems like I go over this several times a week with potential sellers. What are their options in this real estate market? Here are my answers - 1. Sell it - easier said than done. This can be difficult to do if they bought it or refinanced it during the 2003 to 2008 range as many owe more than the market value. 2. Sit & wait it out - not the best choice in my opinion as I don't see any reason things will be better over the next couple year. There number of properties … [Read more...]
Big Bear Foreclosure Numbers – October 2010
Foreclosure filings for Big Bear dropped in October 2010, down 17% when compared to September, a sizable chunk which continues the zig-zag movement of the Big Bear foreclosure market over the past year. Year over year, foreclosure filings were down 33% from the October 2009 numbers, the tenth straight month that foreclosure filings were down year over year. Foreclosure filings are made up of three parts - Notices of Default (NOD), a recorded document that starts the foreclosure process, which is normally filed … [Read more...]
Big Bear Foreclosure Numbers – September 2010
Foreclosure filings in Big Bear dropped in September 2010, down 3% when compared to August, thus again showing the zig-zag movement of the Big Bear foreclosure market. Year over year, foreclosure filings were down 11% from the September 2009 numbers, the ninth straight month that foreclosure filings were down year over year. Foreclosure filings are made up of three parts - Notices of Default (NOD), a recorded document that starts the foreclosure process, which is normally filed after homeowners fall behind in … [Read more...]