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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...

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...

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...

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,...

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...