Big Bear Lake
Real Estate Blog
View over 12 years of Big Bear Real Estate blogging. Market Updates, Home buying Tips, Home Selling Tips, Fun Big Bear Facts and More!
Big Bear Real Estate Statistics / 67 Homes Sold February 2014
Average price sold went from $254k to $263k an 3.5% increase Units sales are down 10.6% for February of 2014 vs. 2013 Average price per square foot sold is up 14.4% List price to sold price has increased from 97% to 98%. Average days on the market have increased from 98 to 120. Inventory is […]
Big Bear Area Fast Facts / 77 units Sold January 2014
Average price sold went from $216k to $241k an 11.5% increase Units sales are down 11.5% for the first month of 2014 vs. 2013 Average price per square foot sold is up 14.3% List price to sold price has held steady at 96-97%. Average days on the market have decreased from 121 to 117 Inventory […]
Utility Contact information for the Big Bear Area
The utility services available to Big Bear homeowners vary depending on the location of the property. For instance, some areas in Big Bear have mail delivery and trash pick-up while other areas require you to pick up your mail at the local post office and haul out your trash to a disposal area or the […]
Californians Who Short Sell Won’t Face State Tax Penalty
George Runner announced 12/4/13 that the Franchise Tax Board will follow the lead of the Internal Revenue Service and not impose a tax penalty on Californians who have sold their home via a short sale. In a written response sent to Runner today, FTB Chief Counsel Jozel Brunett states, “Since California conforms to the relevant […]
7 Reasons Your Big Bear Listing May Not Be Marketed Fairly
Many sellers that list their home for sale in the Big Bear area get a raw deal from their listing agent. 1. Listing with an out of the area agent gives you a small chance of being shown. Agents from out of the area list homes in Big Bear in the So Cal MLS, but not the […]
Meadowbrook Estates in Big Bear
Meadowbrook Estates is a newer development in the east end of Big Bear Valley. Located conveniently just off of Hi-way 38 as it enters Big Bear from Yuciapa. Parcels in Meadowbrook are a minimum of 1 acre and up to 6 acres. Homes in this area range in size from 2000 square feet to as […]
Homes for sale in the Eagle Point Estates Area of Big Bear Lake
Below are the current homes available in Eagle Point Estates. Eagle Point Estates is an area in Big Bear Lake East that has amenities such as boat docks, tennis courts, and a community park on the lake. Homes in this area are subject to an HOA, but the HOA fees are very low. Owners in […]
Tips to Help you Down the Road to Home Ownership
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Castle Glen Real Estate Update
Castle Glen is a newer development in the Fox Farm area. Homes in this area are price from the high $500,000’s up to $2,000,000. Currently there are 9 homes available in Castle Glen. 19 homes have sold this year in Castle Glen. Below are the statistics for these homes. Homes in the Castle Glen […]
Moonridge Real Estate Update
Inventory is low and demand is high. We currently have only 66 homes available in the Moonridge area, and we are averaging 17 closed sales per month for the past 6 months. This is less than a 4 month supply in Moonridge. If you are thinking about selling your Moonridge home, now is a good […]
Big Bear Real Estate Fast Facts
There is no shortage of buyers in Big Bear. 507 active inventory in the entire Big Bear Valley 121 pending units which indicates a 4.19 month supply of active inventory. 46 Back-up status (soon to be pending) add these to the pending for a total of 167 or 3.03 months of active inventory. If your […]
Searching for Big Bear Homes Online
Searching for a cabin or second home in Big Bear? The predominate MLS is the local Big Bear MLS. Searching by area can give you a clearer picture of what the pricing is for each area. These are the main areas of Big Bear: Baldwin Lake Big Bear City Big Bear Lake Central Big Bear […]
Lakefront Homes in Big Bear, Values Are Location Driven
Lakefront homes in Big Bear will be in high demand this summer. Current lakefront homes available in Big Bear Lake. Location and land value are important factors to understand when looking at the values of Lakefront homes. Homes with views that are panoramic are more desirable than those with marina views etc. Water depth is also […]
Big Bear Real Estate Quick Statistics 7/8/2013
Currently we have 500 active listings in the Big Bear area and 172 pending (in escrow). In the past 30 days we have closed 91 sales. This gives us a 5 1/2 month average supply on the market. 76 of the 91 closed sales were traditional sellers, 10 were foreclosures, and 5 were short sales. Shown […]
Current Foreclosure Information for Big Bear Lake, CA 92315
Foreclosure Filings Embed this chart on your own page Foreclosure Filings—Notice of Default filings are the first step in the foreclosure process. Notice of Trustee Sale filings set the date and time of an auction, and serve as the homeowner’s final notice before sale. Foreclosure Outcomes Embed this chart on your own page Foreclosure Outcomes—After […]
BUYING vs Renting
Real Estate Terms, Definitions and Dictionary
Click on the letter or the word A B C D E F G H J L M N O P Q R S T V acceleration clause adjustable-rate mortgage (ARM) adjustment date amortization amortization schedule annual percentage rate (APR) application appraisal appraised value appraiser appreciation assessed value assessment assessor asset assignment assumable mortgage assumption balloon mortgage balloon payment bankruptcy bill of sale biweekly mortgage bond market bridge loan broker buydown […]
New Mortgage Insurance Premium Changes for FHA Transactions
Summary of upcoming annual MIP changes for FHA transactions: Amortization (loan term) Loan-to-Value (LTV) Previous annual MIP duration period Annual MIP duration period effective with Case Numbers assigned on or after Aug. 17, 2013 Less than or equal to 15 years Less than or equal to 78% No annual MIP Required for 11 years 78.01 – […]
Real Estate Sold this Week in Big Bear / 5/11/13 – 5/18/13
Price Address Area Subarea Bd Baths SF Apx Ttl Sold Price Sold Date 199,000 42730 SONOMA MOON GMO 2 1.75 1267 190,000 5/13/13 269,900 802 KNICKERBOCKER BLC GBLC 2 2 1096 255,000 5/13/13 159,000 445 SUGARLOAF BBC GBBC 2 2 1384 157,500 5/13/13 93,000 256 HIGHLAND SUGA GSUG 2 1 896 90,000 5/13/13 […]
$9.4 Million in California Homeowner Assistance Grants
Attorney General Kamala D. Harris Announces $9.4 Million in California Homeowner Assistance Grants Thursday, April 18, 2013 Contact: (415) 703-5837 SAN FRANCISCO — Attorney General Kamala D. Harris today announced California’s National Mortgage Settlement Grant Program has awarded $9.4 million to 21 organizations in order to assist Californians affected by the state’s foreclosure crisis. “The […]
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