Weeks Supply Given Demand is the Absorption Rate (the number of weeks required to exhaust supply given demand) measured in time. High rates signal excess units of supply relative to demand. Low rates signal the opposite. The Ratio of Supply to Demand measures the...
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...
Thank you to Martha Moriarty-McKinley for providing these charts. If you are looking for a local lender to make a purchase, or refinance here in Big Bear Martha does a great job.
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...
Short Sale Beauty Overview Maps Photos Description Market Stats $69,900 2006 CABIN IN BIG BEAR ON LEVEL DOUBLE LOT WITH VIEWS! EASY ACCESS TO NORTH SHORE DRIVE AND HWY 18.DESIRABLE FLOOR PLAN WITH 2 BEDROOMS 1 BATH,SEPERATE LAUNDRY ROOM,DECK AND A 1 CAR DETTACHED...
The Big Bear Multiple Listing Service recorded 863 sales in 2011. Below is a breakdown showing chart showing how many units each price range contributed. With 794 (92%) of the homes sold falling into the under $500,000 price range, and only 69 over $500,000 (8%), it...
We have seen a change in the past 2 years when looking at our deed recordings. Traditionally the highest number of recordings occur during the late summer and early fall months, but in the past 2 years the month of December has had the highest number of recordings. We...
Market @ A Glance California Reporting Period Current Last Year Change from Last Period Change from Year Ago Period Period Ago Existing Home Sales (SAAR) * 11-Nov 503,570 493,140 492,040 2.10% 2.30% Median Home Price * 11-Nov $280,960 $278,060...
