This is one of the most asked questions I hear from clients when determining the best time to buy a property in the Big Bear area. Trying to time the market, especially in today's real estate market, seems to be an inherent characteristic of most buyers. I recommend looking now to get a feel for the current market options that are available. Be particular for the right deal. Look for the options that might have some built-in equity already in the price (there are some of these out there). If you do not find the … [Read more...]
“Snowshoe The Bear” Comes To Big Bear Lake
January 22, 2008 by Leave a Comment
For all you outdoor enthusiasts, a 5k and 10k snowshoe race will be coming the Big Bear Lake on February 9th, 2008. What a terrific way to get out and enjoy one of the many outdoor activities that Big Bear has to offer. In partnership with the San Bernardino National Forest Service and our local Big Bear Discovery Center, this should be a fun & invigorating event for all. More details can be found here along with a schedule of events and how to register. If you have any specific questions, contact Sarah … [Read more...]
How Serious Of A Seller Are You?
January 8, 2008 by Leave a Comment
If you are considering selling your Big Bear property, then you will need to consider the following question: Do you absolutely have to sell this home? If the answer to this question is "no", then I would suggest not even trying to sell in the current real estate market conditions. This real estate market is for serious sellers only. What is a serious seller you might ask? A serious seller is someone who has to sell no matter what is going on with the market. A serious seller is willing to price their property … [Read more...]
Thinking of Selling Your Big Bear Home? How Does 2010 Sound?
January 4, 2008 by 3 Comments
If you are thinking of selling your Big Bear home, you may want to take a look at the absorption rate of homes that are currently for sale. This is a great way to become more informed on the local real estate market, whether your are buying or selling. There is an easy to understand article here describing what the absorption rate is and what it means for the real estate market. In simplistic terms, it is the amount of time it will take for a specified set amount of properties to be absorbed under current real … [Read more...]
Big Bear Real Estate Market Stats – Vacant Land Sales For 2007
December 31, 2007 by 2 Comments
As mentioned previously, the real estate market for Big Bear in 2007 will go down as the the slowest year for sales over the last 20 years. In particular, vacant land has appeared to have the biggest drop off in sales activity as compared to single family homes. Each neighborhood in Big Bear is unique and is a special niche. But, the vacant lots that used to fly off the market just a few years ago in areas like Meadowbrook Estates, Castle Glen, Eagle Point Estates, and lakefront properties are now sitting on the … [Read more...]
Are Big Bear Real Estate Agents Sold On Your Home?
December 28, 2007 by 1 Comment
There are often two sales that need to occur before you can sell your Big Bear property. The first sale does not occur with the buyer. Rather, it starts with the real estate agents who are working with the buyers in the area. If the real estate agents in your area are not sold on the property you are trying to sell, then chances are you will have a hard time getting the property sold. One of the many benefits of the MLS cooperation is the ability for all the agents to share information on the properties they are … [Read more...]
Merry Christmas & Happy Holidays From The Big Bear Skinny
December 25, 2007 by 1 Comment
Best wishes to everyone this holiday season. I am looking forward to seeing you all up here this ski season. Below are a picture of my office at Coldwell Banker, Mountain Gallery Realtors and one of the Snow Summit ski area. These were taken this past week by an associate from my office, Chris Atkins. … [Read more...]
How Do You Price This Big Bear Home?
December 25, 2007 by Leave a Comment
I am not sure what Zillow would say about this property but I am pretty sure they would think it tastes good. Even though it lacks the basic utilities and running water, this Big Bear gingerbread house has its own unique benefits. The roof is new and made of necco and chocolate which might be more fire resistant that wood shakes. The siding is made of gingerbread and almonds for that stone look. There are twix corbels, an oreo cookie pavered walkway, fencing made of pretzels, and a sugar pond stocked with cheese … [Read more...]
Why Relying On Zillow To Price Your Big Bear Home Could Cost You More Than $800,000!
December 23, 2007 by 8 Comments
I use Zillow all the time. Given that they have 3-4 million visitors per month, putting my listings on Zillow is smart thing to do. I also mouse around from time to time to see anything new like the Q&A's, Make Me Move's, and other listings for sale. I have been saying for a while that Zillow's Zestimates can be very inaccurate when it comes to valuing properties in the Big Bear Lake area. This is certainly nothing new as there are many articles out there about this. This fact has never been more true than … [Read more...]
2007 Big Bear Real Estate Market – Slowest Year For Sales In The Last 20 Years
December 21, 2007 by 3 Comments
The number of properties sold in Big Bear in 2007 will end up being the lowest amount in more that 20 years. We still have about 10 days left to go but I think it is safe to come out and claim this at this point. The previous low was in 1993 when we had 1,390 sales. As of December 1, 2007 there were 961 total sales in the Big Bear Lake area. I am expecting the final number for 2007 to be close to 1,050 total sales, off by nearly 24% from the 1993 number. Keep in mind that these numbers include all real estate … [Read more...]
