Here are my top picks of the week! Simply click on the highlighted link to see the details on the "best in show" properties! Under $100K: 341 Grenfall: This home offers 3 bedrooms, 2 baths, 1200 sq. feet of living space, and on a 7200 square foot lot. It does need a little TLC, a bargain for under $100K! $100K-$200K: 1036 Sylvan Glen: Backing to the National Forest in Moonridge, this charming cabin has 2 bedrooms, 2 baths, and a fantastic back drop! This is a Fannie Mae Homepath property with incentives! You … [Read more...]
Big Bear Foreclosure Numbers – April 2010
May 22, 2010 by Leave a Comment
Foreclosure filings in Big Bear dropped 6% in April 2010 when compared to March. Year over year, foreclosure filings were down 4% from the April 2009 numbers, the fourth month in a row that foreclosure filings were down year over year. Keep in mind, 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 their payments. Notices of Sale (NOS), a recorded document that is filed about … [Read more...]
Big Bear Foreclosure Numbers – March 2010
April 30, 2010 by Leave a Comment
Foreclosure filings in Big Bear rose 12% in March 2010 when compared to February. Year over year however, foreclosure filings were down 3% from the March 2009 numbers, the third month in a row that foreclosure filings were down year over year. Keep in mind, 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 their payments. Notices of Sale (NOS), a recorded document that is … [Read more...]
Best Doesn’t Mean Highest – The Truth Behind Multiple Offers
April 20, 2010 by 1 Comment
Bank owned listings are accounting for almost 50% of the sales in the Big Bear area. Multiple offers are becoming the norm on these aggressively priced properties and the buyers are having to learn a new strategy of making offers and counter offers. Gone are the days of endless counter offers back and forth between the buyers and sellers. Receiving a best and final counter offer is what a buyer can usually expect and there are some things that you should know when responding to these bank counters. Highest … [Read more...]
Big Bear Foreclosure Numbers – February 2010
March 21, 2010 by 4 Comments
Foreclosure filings in Big Bear jumped 23% in February 2010 when compared to January. Year over year however, foreclosure filings were down 22% from the February 2009 numbers, the second straight month that foreclosure filings were down year over year. Keep in mind, 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 their payments. Notices of Sale (NOS), a recorded document … [Read more...]
Big Bear Foreclosure Numbers – January 2010
February 28, 2010 by Leave a Comment
Foreclosure filings in Big Bear were down 14% in January 2010 when compared to December 2009. Year over year, foreclosure filings were down 7% from the January 2009 numbers. This is kinda big news as it is the first time in more than a year that I can recall the overall foreclosure filings down year over year. A sign of things getting better? I don't think so. Keep in mind, foreclosure filings are made up of three parts - Notices of Default (NOD), a recorded document that starts the foreclosure process, which … [Read more...]
Big Bear Short Sales? Don’t Waste Your Time!
February 17, 2010 by Leave a Comment
If you don't see the embedded video, click here. If you are looking for a deal in Big Bear, focus on the homes that can be sold. In 2009, 80 short sale homes actually closed escrow. That is 9% of the 893 homes that closed in the Big Bear MLS. Currently there are 66 short sale listings that are in Pending, Active Contingent, or Contingent Status. That's 39% of the total Pending, Active Contingent, or Contingent Status (170). Anyone want to guess what percentage of these will actually get accepted by the bank … [Read more...]
Big Bear Foreclosure Numbers – July 2009
August 22, 2009 by 2 Comments
Foreclosure numbers in Big Bear are still on the rise. The foreclosure filings in July 2009 were up 16% from June 2009, and 81% from July 2008. Keep in mind, foreclosure filings are made up of Notices of Default, a recorded document that starts the foreclosure process, Notices of Sale, a recorded document that sets the date for the Trustee Sale, and lastly, Trustee Sales, properties that go back to the bank or sold to third parties. While the overall news on the real estate market may appear to be getting … [Read more...]
