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California Passes Home Buyer Tax Credit AB183

AB 183 will provide $200 million for home buyer tax credits, allocating $100 million for qualified first-time home buyers of existing homes and $100 million for purchasers of new, or previously unoccupied, homes. The eligible taxpayer who purchases a qualified...

NONREFUNDABLE DEPOSIT DEEMED INVALID

Brought to you by the CALIFORNIA ASSOCIATION OF REALTORS® An agreement for a “nonrefundable” escrow deposit is invalid and unenforceable, according to the recent California case of Kuish v. Smith (2010 WL 373225).  This case serves as a good...

Bank Owned Lake Front Home /386 Meadow Circle, Big Bear Lake

Listed at only $739,900 Click Here for the details This home sold for $1,500,000 in 2006! Built in 1997 this 2300 square foot, 3 bedroom 3.5 bath home with views of Snow Summit and Big Bear Lake is a real catch! This beautiful lake front home is located in the Eagles...

Price Per Square Foot Sold in Big Bear by Area 2009

Big Bear Lake West $266.17 Big Bear Lake Central $201.66 Big Bear Lake East $233.53 Fox Farm $197.19 Castle Glenn $214.06 Moonridge $199.68 Fawnskin $223.99 Whispering Forest $156.17 Big Bear City $142.09 Sugarloaf $131.72 Erwin Lake $125.10 Meadowbrook Estates...

Fast Facts and California’s Unsold Inventory

Quick Facts: · Existing, single-family home sales increased 4 percent in December to a seasonally adjusted rate of 558,320 units on an annualized basis. · The statewide median price of an existing single-family home increased 0.8 percent in December to $306,820,...