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6 New Bank Owned REO Homes in Big Bear this Week, 12/6/2009

$79,900 46044 Wooded Road, Big Bear City ( Baldwin Lake Area)  2 Bedroom, 1 Bath 992 sq ft home on a 3000 sq ft lot. Sold for $115,000 in 2004. FANTASTIC VIEWS FROM THIS CLEAN HOME IN A QUIET AND PEACEFUL AREA.  NICE DECK IN FRONT TO ENJOY THE VIEWS.  SELLER ADDENDUM...

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...

California Real Estate Fast Facts

Fast Facts Calif. median home price – October 09: $297,500 (Source: C.A.R.) Calif. highest median home price by C.A.R. region October 09: Santa Barbara So. Coast $970,000 (Source: C.A.R.) Calif. lowest median home price by C.A.R. region October 09: High Desert...

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...