Foreclosure filings in Big Bear dropped in July 2010, down 5% when compared to June, continuing the zig-zag uncertainty of the Big Bear foreclosure market. Year over year, foreclosure filings were down 14% from the July 2009 numbers, the seventh straight month that foreclosure filings were down year over year. Notices of sale saw a decent size drop while notices of default were down slightly. The number of properties going back to the bank in July came back up, but it was still on the lower end of the monthly … [Read more...]
Big Bear Home Sales – July 2010
The number of homes for sale in Big Bear continued its upward rise with no end in site since hitting the trough in February 2010. The median and average sales prices jumped up again after falling in June, while home sales slipped down slightly in July. Big Bear Home Sales Home sales in July were down 6% when compared to the June sales (68 v. 72). Not a huge decrease but would be better for the market if it were 10-20% higher. Compared to last year, sales are down 22% from July 2009 (68 v. 87) :( . 24, or 35%, … [Read more...]