I talk with a lot of home sellers in Big Bear. Some are thinking of selling, and some are trying to sell right now. The conversations are really not all that different. Most of the time, it comes down to the pricing. Here are a couple videos I did over the past week relating to selling a home in Big Bear. See if you can guess what the common theme is for both of these. [viddler id=2d5f7e69&w=545&h=349] This real estate market is for serious sellers only. That's why banks make up more than 50% of … [Read more...]
Big Bear Real Estate Monday Market Update For 4/13/2009
April 13, 2009 by Leave a Comment
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 4/6/2009
April 6, 2009 by Leave a Comment
Below is your weekly update for the Big Bear real estate market as of 4/6/2009. Property Type Listings for Sale Change from Last Week Pending Sales Change from Last Week Sales Year to Date Change from Last Week RESIDENTIAL 894 -8 124 -4 171 +20 VACANT LAND 358 -1 10 +1 7 +1 CONDOS 48 -1 3 0 5 0 GOVERNMENT LEASE 13 +1 0 0 0 0 COMMERCIAL & RES INVESTMENT 57 +1 5 +1 4 0 BUSINESS OPPORTUNITY 14 +1 1 0 0 0 TOTAL 1385 -7 143 -2 187 +21 These are the quick stats for the week - 36 new residential … [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 Real Estate Monday Market Update For 3/30/2009
March 30, 2009 by Leave a Comment
Below is your weekly update for the Big Bear real estate market as of 3/30/2009. Property Type Listings for Sale Change from Last Week Pending Sales Change from Last Week Sales Year to Date Change from Last Week RESIDENTIAL 902 +2 128 +3 151 +12 VACANT LAND 360 +1 9 -1 6 +1 CONDOS 49 +2 3 -2 5 +2 GOVERNMENT LEASE 12 +1 0 0 0 0 COMMERCIAL & RES INVESTMENT 56 +2 4 -1 4 +3 BUSINESS OPPORTUNITY 13 0 1 0 0 0 TOTAL 1392 +8 145 -1 166 +18 These are the quick stats for the week - 32 new residential … [Read more...]
Big Bear Real Estate Monday Market For 3/23/2009
March 23, 2009 by Leave a Comment
Below is your weekly update for the Big Bear real estate market as of 3/23/2009. Property Type Listings for Sale Change from Last Week Pending Sales Change from Last Week Sales Year to Date Change from Last Week RESIDENTIAL 900 +4 125 +7 139 +11 VACANT LAND 359 -2 10 +1 5 0 CONDOS 47 +2 5 +2 3 0 GOVERNMENT LEASE 11 -1 0 0 0 0 COMMERCIAL & RES INVESTMENT 54 -1 5 +1 1 0 BUSINESS OPPORTUNITY 13 0 1 0 0 0 TOTAL 1384 +2 146 +13 148 +11 These are the quick stats for the week - 32 new residential … [Read more...]
Big Bear Real Estate Monday Market Update For 3/16/2009
March 16, 2009 by Leave a Comment
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 Real Estate Market – Monthly Foreclosure Numbers February 2009
March 14, 2009 by 2 Comments
In order to know where we are going as a real estate market, it is important to see where we have been in the past. Without running the numbers and creating the foreclosure charts below, it would be impossible to really forecast what is coming down the pike in Big Bear. That said, the number of notices of default, notices of sale, and properties that went back to the bank in February 2009 were the highest we have seen since the tracking started in October of 2006. What does this mean? We are going to see many … [Read more...]
Big Bear Real Estate Monday Market Update For 2/23/2009
February 23, 2009 by Leave a Comment
Below is your weekly update for the Big Bear real estate market as of 2/23/2009. Property Type Listings for Sale Change from Last Week Pending Sales Change from Last Week Sales Year to Date Change from Last Week RESIDENTIAL 908 -1 115 -6 86 +16 VACANT LAND 361 +16 10 0 3 +1 CONDOS 46 0 6 -1 1 0 GOVERNMENT LEASE 12 0 0 0 0 0 COMMERCIAL & RES INVESTMENT 54 +2 4 0 1 +1 BUSINESS OPPORTUNITY 11 0 0 0 0 0 TOTAL 1392 +17 135 -7 91 +18 A few notes about the market - Home sales for the year now stand … [Read more...]
Absorption Rates For The Big Bear Real Estate Market – January 2009
February 19, 2009 by Leave a Comment
If you are thinking of buying or selling a home in Big Bear, you may want to take a look at the absorption rate of homes that are currently for sale. Knowing the absorption rate is a great way to become more informed on the current real estate market conditions in a particular area. In simplistic terms, it is a mathematical equation that tells you the amount of time it will take for a specified set amount of properties to be absorbed under current real estate market conditions. Generally speaking, the higher … [Read more...]
