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Higher Mortgage Rates or Changes in Prices: The Great Trade-Off

At the current statewide median price of $297,500 for October and mortgage rates in the five percent range, how will higher mortgage rates affect your monthly payment? What about price fluctuations? How will this trade-off impact buyer’s affordability? In the last...

Affordability at Historic Highs in 2009

By: Sara Sutachan, Senior Research Analyst & Oscar Wei, Senior Research Analyst Seasonally adjusted and annualized sales in the third quarter of 2009 increased to 537,690 units, up 1.7 percent from the previous quarter sales figure of 528,580 homes and up 7.7...

5 New Bank Owned REO Homes for Sale in Big Bear 11/29/2009

As of this morning, we have 54 bank owned  homes (REO’s) on the market, that’s only 7.40% of the 729 active listings. Please call or email if you want to purchase a bank owned home in Big Bear, I will get you the best deal. I can show you any home for sale in Big...

Market Condition Report for the Big Bear Area 11/15/2009

Please call me if you would like to discuss the Real Estate Market here in the Big Bear Area. I can show you any home for sale in Big Bear. Search the Big Bear MLS (Multiple Listing Service) Search the Southern California MLS  (Multiple Listing Service) Steve...

11 Homes Sold this Week in Big Bear 11/1/09 – 11/7/09

Click Here to see the details for these homes I can show you any home for sale in Big Bear. Search the Big Bear MLS (Multiple Listing Service) Search the Southern California MLS  (Multiple Listing Service) Steve Hirschler Associate, The Tim Wood Group Coldwell Banker...

NOD’s and Trustees Deeds Filed in California 2005 – 2009

By: Robert Kleinhenz, Deputy Chief Economist The median price in California continued to increase in September, driven by lean inventory levels, while home sales remained on track with expectations for the month. The median price of a detached existing single family...