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...]
Thinking of Selling Your Big Bear Home? How Does 2010 Sound?
Big Bear Real Estate Market Stats – Vacant Land Sales For 2007
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?
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
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?
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!
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
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...]
I’ve been MeMe’d!
I came into my office this past Saturday morning to find an email from Chad Lariscy over at The Front Porch View that said I had been MeMe'd. "Gotta love blogging," I thought. I did not have the slightest idea of what being MeMe'd meant but was pointed to a good explanation right here. So, here are 5 things you might not know about me: I have been married to my beautiful wife Ashley Anna Wood since Aug. 6, 2005. We were set up on a blind date by our parents back in 2001 and have been together since then. She … [Read more...]
Snow in Big Bear….Finally!
The first substantial snow fall for the winter happened this past weekend in Big Bear. We received about 8-12 inches of snow, which was very welcomed. The picture below was taking from my office parking lot this morning looking towards the Snow Summit ski area. This should help kick off the winter tourist season which has been slow up to this point. One obvious question that is asked now is do properties in Big Bear sell better now that there is snow on the ground? Historically speaking, no. The winter months … [Read more...]