The real estate market in Big Bear continues to move along at a very slow place. Even with the extra day this February, home sales in Big Bear last month totaled only 28 31 (some late entries), one two more less than the number sold in January. The median price for properties listed for sale was up 1% from $339,900 to $345,000, while the median sales price for the homes sold in February was down 13 10% from the previous month, $250,000 $260,000 as compared to $287,500 in January. This is still the lowest monthly … [Read more...]
Castle Glen Home Sales For 2007 In Big Bear Lake
Below is a list of the 15 homes that sold in the Castle Glen neighborhood as per the Big Bear MLS. The number of sales were down as compared to 2006 but it was still good sales activity. Things have already started off for the better this year in the Castle Glen area as we have had one sale at $1,900,000, one in escrow that was listed for $2,200,000, and several motivated buyers looking in the area. I am an expert in the Castle Glen real estate market so feel free to contact me with any questions. … [Read more...]
Big Bear Lakefront Sales For 2007
There were a total of 20 lakefront sales in the Big Bear area according the to the Big Bear MLS. While the sales numbers are down from the previous years, lakefronts properties are still selling. Give me a call or drop me a line if you have any questions on these or other properties in the Big Bear Lake area. … [Read more...]
When Is The Best Time To Buy A Home In Big Bear?
This is one of the most asked questions I hear from clients when determining the best time to buy a property in the Big Bear area. Trying to time the market, especially in today's real estate market, seems to be an inherent characteristic of most buyers. I recommend looking now to get a feel for the current market options that are available. Be particular for the right deal. Look for the options that might have some built-in equity already in the price (there are some of these out there). If you do not find the … [Read more...]
“Snowshoe The Bear” Comes To Big Bear Lake
For all you outdoor enthusiasts, a 5k and 10k snowshoe race will be coming the Big Bear Lake on February 9th, 2008. What a terrific way to get out and enjoy one of the many outdoor activities that Big Bear has to offer. In partnership with the San Bernardino National Forest Service and our local Big Bear Discovery Center, this should be a fun & invigorating event for all. More details can be found here along with a schedule of events and how to register. If you have any specific questions, contact Sarah … [Read more...]
How Serious Of A Seller Are You?
If you are considering selling your Big Bear property, then you will need to consider the following question: Do you absolutely have to sell this home? If the answer to this question is "no", then I would suggest not even trying to sell in the current real estate market conditions. This real estate market is for serious sellers only. What is a serious seller you might ask? A serious seller is someone who has to sell no matter what is going on with the market. A serious seller is willing to price their property … [Read more...]
Thinking of Selling Your Big Bear Home? How Does 2010 Sound?
If you are thinking of selling your Big Bear home, you may want to take a look at the absorption rate of homes that are currently for sale. This is a great way to become more informed on the local real estate market, whether your are buying or selling. There is an easy to understand article here describing what the absorption rate is and what it means for the real estate market. In simplistic terms, it is the amount of time it will take for a specified set amount of properties to be absorbed under current real … [Read more...]
Big Bear Real Estate Market Stats – Vacant Land Sales For 2007
As mentioned previously, the real estate market for Big Bear in 2007 will go down as the the slowest year for sales over the last 20 years. In particular, vacant land has appeared to have the biggest drop off in sales activity as compared to single family homes. Each neighborhood in Big Bear is unique and is a special niche. But, the vacant lots that used to fly off the market just a few years ago in areas like Meadowbrook Estates, Castle Glen, Eagle Point Estates, and lakefront properties are now sitting on the … [Read more...]
Are Big Bear Real Estate Agents Sold On Your Home?
There are often two sales that need to occur before you can sell your Big Bear property. The first sale does not occur with the buyer. Rather, it starts with the real estate agents who are working with the buyers in the area. If the real estate agents in your area are not sold on the property you are trying to sell, then chances are you will have a hard time getting the property sold. One of the many benefits of the MLS cooperation is the ability for all the agents to share information on the properties they are … [Read more...]
How Do You Price This Big Bear Home?
I am not sure what Zillow would say about this property but I am pretty sure they would think it tastes good. Even though it lacks the basic utilities and running water, this Big Bear gingerbread house has its own unique benefits. The roof is new and made of necco and chocolate which might be more fire resistant that wood shakes. The siding is made of gingerbread and almonds for that stone look. There are twix corbels, an oreo cookie pavered walkway, fencing made of pretzels, and a sugar pond stocked with cheese … [Read more...]