These are the current, as of 5/28/2010 Bank Owned REO Foreclosures in the Big Bear Area. I update this link weekly. There are 64 Bank Owned Homes on the market. Bank Owned Homes make up 8% of the 765 homes that are listed currently in the Big Bear Area. Out of the...
Big Bear Residential Sales YTD 2010 – 307 units vs. 2009 – 285 units up (7.7%) Average Price Sold 2010 – $240,797 vs. 2009 $266,504 – down (9.6%) 131 Traditional Sales (43%) 137 Bank Owned REO Foreclosures (45%) 39 Short Sales (12%) Search...
The current Big Bear housing market is tough on sellers. If you are thinking about fishing for a buyer in Big Bear, but aren’t willing to have the best bait, you might as well watch the beautiful Big Bear sunset. Houses in Big Bear will need to be priced at or...
Fannie Mae recently announced it is extending its seller assistance incentive on all Fannie Mae-owned HomePath properties. Buyers will receive 3.5 percent of the final sales price, to be used toward closing cost assistance or their choice of selected appliances. The...
I was at this same meeting yesterday with Tyler. Even though this isn’t a positive message, I think it is important for sellers to hear. Thanks Tyler! Something that I also heard from Leslie Appleton Young (Chief Economist for CAR) is that over 50% of the homes...
Californians have a brief window of opportunity to receive up to $18,000 in combined federal and state homebuyer tax credits. To take advantage of both tax credits, a first-time homebuyer must enter into a purchase contract for a principal residence before May 1,...
