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!
Top 10 Signs You Are Being Scammed
What Home Renovations Have the Best Value / Return on Investment?
Foreclosure Trends for Big Bear Lake
92315 Foreclosure Trends 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. Embed this chart on your own page… Foreclosure Outcomes—After the […]
California Real Estate Fast Facts
Calif. median home price: July 2012: $333,860 (Source: C.A.R.) Calif. highest median home price by region/county July 2012: Marin, $845,860 (Source: C.A.R.) Calif. lowest median home price by region/county July 2012: Tehama, $95,000 (Source: C.A.R.) Calif. Pending Home Sales Index: July 2012: 116.1, down 4.2 percent from June’s 121.2 Calif. Traditional Housing Affordability Index: Second quarter 2012: 51 percent (Source: C.A.R.) Mortgage rates: Week ending 8/23/2012 30-yr. fixed: 3.66% […]
Top 10 Legal Mistake Home Buyers Make
Big Bear Real Estate Fast Facts 8/18/2012
Year to date sales units up 30%. 603 in 2012 vs. 484 in 2011 same period. Inventory is low / 595 active units available. Average price sold is up 44% – 2011 was $161,520 and 2012 is $232,848 YTD. (this is not an indication of prices rising, but it is an indication that higher priced […]
Foreclosure Trends for Big Bear Lake July 2012
92315 Foreclosure Trends 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. Embed this chart on your own page… Foreclosure Outcomes—After the […]
Big Bear Lake Area Market Condition Report / August 2012
In the comments section above, you’ll find mention of the current apparent positive increase in the price schedule. This statement is meant to offset the notion that a strong sustainable increase in the price schedule is in operation. Due to the current reading of the absorption rate and ratio of supply to demand, this is unlikely to […]
Recent Sales in the Moonridge Area of Big Bear
Price Address Bd Baths SF Apx Ttl Sold Price Sold Date 220,000 991 COLUSA LANE 2 1 972 215,000 8/3/12 169,900 42710 CEDAR 2 2 972 160,000 8/2/12 179,900 43219 SUNSET 2 1 812 165,000 8/2/12 349,000 1324 LA CRESCENTA 3 2 1661 350,000 8/2/12 125,000 42609 LA PLACIDA 2 1 […]
Winterization Instructions for your Big Bear Area Home
Winterization Instructions
Time On Market Continues to Decline
More homes are being sold in less than a month according to the latest edition of the Realtors® Confidence Index report than was previously the case. Approximately a third of properties were on the market for less than a month when sold, and 58 percent were sold within 3 months. Conversely, 24 percent of homes were on the […]
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 […]
30 Year Mortgage Rate Charts
Big Bear Area Market Condition Report July 2012
Big Bear area ratio of supply to demand is at 8:1. This high ratio of supply to demand will stall or slow any robust increase in Big Bear prices.
Top 10 Short Sale Myths
Myth #1: The homeowner must fall behind on mortgage payments in order to qualify for a short sale. Debunked: Years ago this may have been true, but not in 2012. A financial hardship must exist, such as the ARM (Adjustable Rate Mortgage) increasing in monthly payments. Loss of job or income. Health or medical issues. Extraordinary loss […]
Moving Habits of Californians
Moving Habits of Californians
Are You Ready to Buy a Cabin in Big Bear?
Most buyer’s start their search online before they contact a realtor. This gives the buyer a feel for the market, but not always a true picture. After you have done some research online, you should contact a lender to determine the current mortgage rates, what you will qualify for, and a price range that will produce […]
Foreclosure Trends for Big Bear Lake
92315 Foreclosure Trends 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. Embed this chart on your own page… Foreclosure Outcomes—After the […]
Moonridge Real Estate Statistics YTD
Year to date this year the average price sold is $234,743 in the Moonridge area of Big Bear. Compared with $286,326 for the same period in 2011. That is an 18% drop in the average price sold. Most of the drop in the average can be contributed to the high price sale that was recorded […]
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