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Big Bear Real Estate Market Update

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...

Fannie Mae extends seller assistance program

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...

Big Bear Real Estate Fast Facts 5/4/2010

2009 shown in Blue 2010 shown in Red Units Sold YTD are up 11.8% / 231 (2009) vs. 261 (2010) Average price sold is  down 11.8% / $273,770 (2009) vs $241,370 (2010) Average days on the market are stable / 131 (2009) vs. 132 (2010) Bank owned sales units YTD are stable...