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: 828 Pine: Light, bright and super close to the National Forest, this charmer hosts an open floor plan with vaulted T&G ceilings in the living room. A very clean property, oak cabinets, nice windows, and priced at $89,900 makes this one a winner! $100K-$200K: 42737 Conifer: This is a bank owned mountain cabin that is close to both ski slopes, restaurants and … [Read more...]
Searching for a Home in Fawnskin? Get a Local’s Perspective.
February 11, 2011 by Leave a Comment
Fawnskin? What is that? Where is it? Why would I want to know about it? There are plenty of reasons to get to know Fawnskin. The quaint, lakeside town is located on the quieter, northwestern shore of Big Bear Lake. It is one of the many small communities that make up Big Bear Valley. Homes in Fawnskin are comparable in price to those located on the south side of the lake. The premium for these homes is placed more on being away from it all, instead of being in close proximity to the action. Even though Fawnskin is … [Read more...]
It’s All About the Inventory
January 3, 2011 by Leave a Comment
Selling Real Estate is not what I do. What I do is study inventory and market conditions. I then provide this information to buyers and sellers so that they can make sound financial decisions. It's that simple. The single most important quality of a Real Estate agent is their ability to study and retain information regarding the inventory of homes in the market they work in. Period. An agent that doesn't know the inventory will soon fail. It amazes me that agents try to learn the inventory after they get a … [Read more...]
Is Your Big Bear Realtor a Local, or a Tourist?
April 12, 2010 by 4 Comments
Using a Realtor that lives and works out of the Big Bear area, is like hiring a tourist as a site seeing guide. They can't tell you about the history of the homes that you are interested in since they have never seen them before. Chances are, they may not even be able to find them to show them to you. They may not know the difference between a raised perimeter foundation and a slab. They might tell you that all areas of Big Bear are the same. How can they tell you about the recent homes that have sold, when they … [Read more...]
Recent Sales Numbers Around the Big Bear Valley Area
June 7, 2009 by Leave a Comment
We're halfway through 2009 so I figured it would be helpful to give you an update on the activity over the first two quarters of the year. I've broken down some data for the different areas of Big Bear and here's what stands out in my opinion. Big Bear Lake Sales- 19 out of 57 buyers paid cash so far this year in Big Bear Lake. This includes Lakefront Sales. 19 were Bank Owned (REO) properties. Average Days on Market was 139. Average Price per Square Foot was $241.14/ft. As of today, there are 208 homes for … [Read more...]
Moonridge Is The Location Many Buyers Prefer.
May 19, 2009 by Leave a Comment
There are many reasons buyers pick Moonridge as the location they want to own a primary or second home. Maybe it's the proximity to Bear Mountain Ski Resort, the Moonridge Zoo, the Bear Mountain Golf Course, Snow Summit, Shopping Centers, Restaurants and the National Forest. Moonridge truly has it all, it might be the abundance of tall Pinion Pines, or the mountainous terrain that let's them know they are not in the city. Many Moonridge locations have ski slope views or lake views that are not available in other … [Read more...]
Big Bear Home Sales – March & First Quarter 2009
April 5, 2009 by Leave a Comment
Big Bear Home Sales After a big jump the first two months of 2009, home sales in Big Bear for March 2009 (54) slowed down a bit. Sales were up just 10% as compared to March 2008 (49), but were down 5% from the Feb. 2009 home sales (57). Year to date though, sales are are still up 44% from 2008 (164 vs. 113). 28, or 52%, of the 54 home sales in Big Bear were bank owned and 5, or 9%, were short sales. The 21, or 39%, other home sales in March 2009 were the organic sales. Expect the bank owned & short sale … [Read more...]
Big Bear Lakefront Sales – 2008
March 28, 2009 by Leave a Comment
I've mentioned it here before, the lakefront real estate market in Big Bear is unique. So, when you talk about real estate in Big Bear, the lakefront market is a whole different conversation, as it should be. Up until the latter part of 2008, the lakefront market remained somewhat insulated from the price drops we were seeing in the rest of the market. But, in 2008, the average price for a lakefront property dropped nearly 11% from 2007. Couple that with the average days on the market jumping from 132 to 188, … [Read more...]
Big Bear Real Estate Monday Market Update For 3/2/2009
March 2, 2009 by Leave a Comment
Below is your weekly update for the Big Bear real estate market as of 3/2/2009. Property Type Listings for Sale Change from Last Week Pending Sales Change from Last Week Sales Year to Date Change from Last Week RESIDENTIAL 887 -21 113 -2 99 +13 VACANT LAND 359 -2 9 -1 4 +1 CONDOS 45 -1 5 -1 2 +1 GOVERNMENT LEASE 12 0 0 0 0 0 COMMERCIAL & RES INVESTMENT 55 +1 4 0 1 0 BUSINESS OPPORTUNITY 13 +2 0 0 0 0 TOTAL 1371 -21 131 -4 106 +15 A few notes about the market - The residential inventory is … [Read more...]
Job Growth Numbers Not A Great Sign For Big Bear Real Estate Market
February 6, 2009 by Leave a Comment
If job growth & housing numbers are related, today's news is not a great sign for the real estate market in Big Bear. Employment figures released this morning show that the economy has now shed 3.6 million jobs since December 2007, included close to half that in the last 3 months alone. The Unemployment Rate is now 7.6%. But jobs aren't fading in every housing market equally. As reported by Ajilon Professional Staffing, there are still areas around the country in which unemployment rates are low and job … [Read more...]
