Just received the most recent sales numbers for August, 2006 (Download first_american_aug. 06.xls  {Excel file, 1.61 MB}, compliments of First American Title).  It looks like much of the same as the number of sales in August were down 20% compared to last year and 40% versus August of 2004.  Year to date, the number of sales this year are down 23% as compared to the last ten years average.  Compared to 2005 & 2004 year to date numbers, sales are down 23% & 43% respectively. It is very … [Read more...]

Given the amount of press coverage nationwide regarding the real estate market, I thought it would be informative to discuss the current real estate market conditions in Big Bear. Big Bear has not been immune to the national sales statistics this year either.  People see that homes are still selling and that prices are still high, and think that things still must be okay.  The fact is that prices are still much higher than they were in 2000, but they are starting to level off and in some cases, … [Read more...]

Sometimes it takes reading or seeing something numerous times, in this case blogging, before I feel the need to embrace it. Working in the real estate business for the last 8 years, there have been numerous changes in our industry, almost all dealing with the internet and technology. Blogging appears to be the next "thing" as much as I can tell. So, this is my attempt. I have some ideas in mind, we'll see how it goes. … [Read more...]