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Big Bear Real Estate – Finding a Place in Big Bear To Call Your Own, Part 3

The local Big Bear real estate market holds many potential opportunities.  The correction in the market has opened up several exclusive neighborhoods to the average home buyer.  Here’s a closer look at two of Big Bear’s upscale areas and why they’re great investments. The neighborhoods that make up Eagle Point are some of the most popular in Big Bear.  Homes in this area include small cabins and homes located close to Meadow Park for the entry level buyer, custom lakefront and lake view homes for upper-end property … [Read more...]

Big Bear Real Estate Market Update – Thru May 2011

It's been quite a while since I posted some stats on the Big Bear real estate market.  To say things have been busy the last 8 months since my previous real estate market update would be an understatement.  Things are busy in Big Bear, just not overly productive :-).  "I am working twice as hard to make half as much," I like to say.  But, I'm not complaining. That said, I had a buyer come in the office yesterday asking where to find my updated monthly sales stats for Big Bear.  He was generally upset that I have … [Read more...]

What Do Real Estate and Weather Reports Have In Common?

Link to YouTube video. They are most accurate when describing local conditions. I wrote a post several years ago on this same topic but it is still just as important today - especially given all the news about homes prices, sales numbers, and foreclosures that get published every month. The key point is this - just as you wouldn't watch a weather report in San Francisco (insert any other City name here other than Big Bear) and assume it must be the same weather conditions in Big Bear, you shouldn't take advice … [Read more...]

Sellers Respond Better to a Written Offer.

[youtube]https://www.youtube.com/watch?v=9plp0akOuYI[/youtube]   Direct link to YouTube video. Sellers respond better to actions than words. Recently I have had lots of calls on my listings from agents representing buyers interested in knowing if we get any offers. I have even had my own buyers tell me to let them know if we get an offer on a home that they are interested in. I want to remind everyone of a rule that applies to many things in life, ACTIONS SPEAK LOUDER THAN WORDS. Real Estate is a … [Read more...]

Patty’s Picks of the Week

Here are my top picks of the week! Simply click on the highlighted link to see the details on the "best in show" properties! Under $100K: 341 Grenfall: This home offers 3 bedrooms, 2 baths,  1200 sq. feet of living space, and on a 7200 square foot lot. It does need a little TLC, a bargain for under $100K! $100K-$200K: 1036 Sylvan Glen: Backing to the National Forest in Moonridge, this charming cabin has 2 bedrooms, 2 baths, and a fantastic back drop! This is a Fannie Mae Homepath property with incentives! You … [Read more...]

Patty’s Picks of the Week

Here are my top picks of the week! Simply click on the highlighted link to see the details on the "best in show" properties! Under $100K: 249 Highland: Nice, open floor plan hosting nearly 1,000 square feet of living space. 2 bedrooms, 1 1/2 baths, laundry hook ups, lots of windows, on a large 4,000 square foot lot make this a great buy at $79,900. $100K-$200K: 39202 Sioux: Fabulous Fawnskin living! This home gives you a feeling of seclusion! Very close to the National Forest and lake, 3 bedrooms and 1 1/2 … [Read more...]

Patty’s Picks of the Week

Here are my top picks of the week! Simply click on the highlighted link to see the details on the "best in show" properties! Under $100K: 828 Pine: Light, bright and super close to the National Forest, this charmer hosts an open floor plan with vaulted T&G ceilings in the living room.  A very clean property, oak cabinets,  nice windows,  and priced at $89,900 makes this one a winner! $100K-$200K: 42737 Conifer: This is a bank owned mountain cabin that is close to both ski slopes, restaurants and … [Read more...]

Is It Really a Buyer’s Market in Big Bear?

Direct link to the YouTube video. Depends on how you look at it? Sure, there are over 600 homes for sale in Big Bear right now. But, how many are truly saleable? I'd say less than 10%. By saleable, I mean priced correctly, clean and easy to show, and it isn't a short sale with no chance of getting approved. So, we've got less than 70 homes on the real estate market in Big Bear that are actually decent options for buyers to look at. When that happens, the buyers are all competing for the same ones. In that … [Read more...]

Patty’s Picks of the Week

Here are my top picks of the week! Simply click on the highlighted link to see the details for the "best in show" properties! Under $100K: 422 Kern: This is a nice little property with 2 bedrooms, 1 bath, large kitchen, corner fireplace, front & back deck with a fenced in back yard for under $75K. New paint, carpet, and vinyl makes this property attractive and it will go quickly! $100K-$200K: 912 Nana: This log style cabin can be yours for only $175K. Located in Big Bear City and built in 2005, this 3 … [Read more...]

What Do Cash Buyers Know That Others Don’t?

Now is the time to buy! Here's a quick video I did on the cash sales in Big Bear along with two conclusions I came to. Direct link to the YouTube video. 1.  People with cash are moving to real estate as a good investment.  They are thinking prices are near the bottom and now is the time to buy. 2.  Just because you are paying cash, do not expect a huge discount off of the sales price.  In Big Bear, you can expect an average of 2% savings for paying with cash as compared to paying with a loan. As discussed in … [Read more...]