The Big Bear Real Estate Market is not unlike any other market - Price is still the best indication of value. The most important piece of information your Realtor will provide is the market price. Get ahead of it, and you will be on your way to your next Real Estate destination. Spending time or money on improvements that a buyer may or may not want will cost a seller big money in a market that is falling. Get the home clean, remove the clutter from the yard and interior, paint with neutral colors if needed, … [Read more...]
Big Bear Real Estate Monday Market Update For 4/13/2009
Below is your weekly update for the Big Bear real estate market as of 4/13/2009. Property Type Listings for Sale Change from Last Week Pending Sales Change from Last Week Sales Year to Date Change from Last Week RESIDENTIAL 891 -3 129 +5 182 +11 VACANT LAND 374 +16 11 +1 7 0 CONDOS 48 0 2 -1 6 +1 GOVERNMENT LEASE 14 +1 0 0 0 0 COMMERCIAL & RES INVESTMENT 61 +4 5 0 4 0 BUSINESS OPPORTUNITY 15 +1 1 0 0 0 TOTAL 1403 +19 148 +5 199 +12 These are the quick stats for the week - 25 new residential … [Read more...]
Big Bear Real Estate Monday Market Update For 3/16/2009
Below is your weekly update for the Big Bear real estate market as of 3/16/2009. Property Type Listings for Sale Change from Last Week Pending Sales Change from Last Week Sales Year to Date Change from Last Week RESIDENTIAL 896 +6 118 -1 128 +13 VACANT LAND 361 -1 9 -1 5 +1 CONDOS 45 0 3 -1 3 0 GOVERNMENT LEASE 12 0 0 0 0 0 COMMERCIAL & RES INVESTMENT 55 +2 4 +1 1 0 BUSINESS OPPORTUNITY 13 +1 1 0 0 0 TOTAL 1382 +8 135 -2 137 +14 These are the quick stats for the week - 38 new residential … [Read more...]
Big Bear Home Sales – February 2009
Home sales in Big Bear for February 2009 (57) were up 68% as compared to February 2008 (34), and 21% compared to January 2009 (47). Year to date home sales are up 66%, not bad. The first four months of the year are the four slowest of the year, so the outlook this year is not as bad as you hear every day on the news. All real estate is local and this is good news for Big Bear. 27, or 47%, of the 57 home sales in Big Bear were bank owned and 5, or 8%, were short sales. The number of short sales in Big Bear … [Read more...]
Ouch! Big Bear Home Sales Are Hurting
Based on the January home sales report below, I don't know who is hurting more right now, the real estate agents in Big Bear or the home sellers. With only 29 home sales closed in the Big Bear Lake area during January 2008, times are tough for both I would imagine. The news great for buyers as there are some motivated sellers, lots of properties to choose from (approx. 1094 as of Jan .31), lower prices & lower interest rates. January home sales were down 47% in Big Bear compared to the previous month (55) and … [Read more...]