[viddler id=8b2cd2a8&w=545&h=349] There's been a lot of talk recently about the real estate market in Big Bear hitting the bottom. Rightfully so, with sales up nearly 50% from last year, interest rates under 5%, the number of properties on the market down 25%, and prices down 25% to 50% from their peak, it is natural to think we are there are close to it. I guess it depends on what you call the bottom, number of sales or prices? If it is sales, then yes, we already hit bottom last year. But, prices are … [Read more...]
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Big Bear Real Estate Monday Market Update For 3/30/2009
March 30, 2009 by Leave a Comment
Below is your weekly update for the Big Bear real estate market as of 3/30/2009. Property Type Listings for Sale Change from Last Week Pending Sales Change from Last Week Sales Year to Date Change from Last Week RESIDENTIAL 902 +2 128 +3 151 +12 VACANT LAND 360 +1 9 -1 6 +1 CONDOS 49 +2 3 -2 5 +2 GOVERNMENT LEASE 12 +1 0 0 0 0 COMMERCIAL & RES INVESTMENT 56 +2 4 -1 4 +3 BUSINESS OPPORTUNITY 13 0 1 0 0 0 TOTAL 1392 +8 145 -1 166 +18 These are the quick stats for the week - 32 new residential … [Read more...]
Big Bear Real Estate Monday Market For 3/23/2009
March 23, 2009 by Leave a Comment
Below is your weekly update for the Big Bear real estate market as of 3/23/2009. Property Type Listings for Sale Change from Last Week Pending Sales Change from Last Week Sales Year to Date Change from Last Week RESIDENTIAL 900 +4 125 +7 139 +11 VACANT LAND 359 -2 10 +1 5 0 CONDOS 47 +2 5 +2 3 0 GOVERNMENT LEASE 11 -1 0 0 0 0 COMMERCIAL & RES INVESTMENT 54 -1 5 +1 1 0 BUSINESS OPPORTUNITY 13 0 1 0 0 0 TOTAL 1384 +2 146 +13 148 +11 These are the quick stats for the week - 32 new residential … [Read more...]
Big Bear Real Estate Monday Market Update For 3/16/2009
March 16, 2009 by Leave a Comment
Below is your weekly update for the Big Bear real estate market as of 3/16/2009. Property Type Listings for Sale Change from Last Week Pending Sales Change from Last Week Sales Year to Date Change from Last Week RESIDENTIAL 896 +6 118 -1 128 +13 VACANT LAND 361 -1 9 -1 5 +1 CONDOS 45 0 3 -1 3 0 GOVERNMENT LEASE 12 0 0 0 0 0 COMMERCIAL & RES INVESTMENT 55 +2 4 +1 1 0 BUSINESS OPPORTUNITY 13 +1 1 0 0 0 TOTAL 1382 +8 135 -2 137 +14 These are the quick stats for the week - 38 new residential … [Read more...]
You Make Money When You Buy, Not Sell
March 13, 2009 by Leave a Comment
The title of this post is something I heard a few times over the years. It didn't make a lot of sense then but sure does now. Reminds me of something Warren Buffett would say. One of his most famous & recently well used quotes is "to be cautious when others are greedy, and greedy when others are cautious." Less face it, right now, a lot of people are cautious. Even with the 20-50% price drops, and more and more bank owned deals hitting the market, some buyers continue to wait on the sidelines. I am not … [Read more...]
Big Bear Real Estate Monday Market Update For 3/9/2009
March 9, 2009 by Leave a Comment
Below is your weekly update for the Big Bear real estate market as of 3/9/2009. Property Type Listings for Sale Change from Last Week Pending Sales Change from Last Week Sales Year to Date Change from Last Week RESIDENTIAL 890 +3 119 +6 115 +16 VACANT LAND 362 +3 10 +1 4 0 CONDOS 45 0 4 -1 3 +1 GOVERNMENT LEASE 12 0 0 0 0 0 COMMERCIAL & RES INVESTMENT 53 -2 3 -1 1 0 BUSINESS OPPORTUNITY 12 -1 1 +1 0 0 TOTAL 1374 +3 137 +6 123 +17 These are the quick stats for the week - 45 new residential … [Read more...]
Big Bear Real Estate Monday Market Update For 3/2/2009
March 2, 2009 by Leave a Comment
Below is your weekly update for the Big Bear real estate market as of 3/2/2009. Property Type Listings for Sale Change from Last Week Pending Sales Change from Last Week Sales Year to Date Change from Last Week RESIDENTIAL 887 -21 113 -2 99 +13 VACANT LAND 359 -2 9 -1 4 +1 CONDOS 45 -1 5 -1 2 +1 GOVERNMENT LEASE 12 0 0 0 0 0 COMMERCIAL & RES INVESTMENT 55 +1 4 0 1 0 BUSINESS OPPORTUNITY 13 +2 0 0 0 0 TOTAL 1371 -21 131 -4 106 +15 A few notes about the market - The residential inventory is … [Read more...]
Big Bear Real Estate Monday Market Update For 2/23/2009
February 23, 2009 by Leave a Comment
Below is your weekly update for the Big Bear real estate market as of 2/23/2009. Property Type Listings for Sale Change from Last Week Pending Sales Change from Last Week Sales Year to Date Change from Last Week RESIDENTIAL 908 -1 115 -6 86 +16 VACANT LAND 361 +16 10 0 3 +1 CONDOS 46 0 6 -1 1 0 GOVERNMENT LEASE 12 0 0 0 0 0 COMMERCIAL & RES INVESTMENT 54 +2 4 0 1 +1 BUSINESS OPPORTUNITY 11 0 0 0 0 0 TOTAL 1392 +17 135 -7 91 +18 A few notes about the market - Home sales for the year now stand … [Read more...]
Big Bear Real Estate Monday Market Update For 2/16/2009
February 16, 2009 by Leave a Comment
Below is your weekly update for the Big Bear real estate market as of 2/16/2009 (Happy President's Day!). Property Type Listings for Sale Change from Last Week Pending Sales Change from Last Week Sales Year to Date Change from Last Week RESIDENTIAL 909 +5 121 -8 70 +13 VACANT LAND 345 +1 10 -1 2 +1 CONDOS 46 -1 7 +1 1 0 GOVERNMENT LEASE 12 0 0 0 0 0 COMMERCIAL & RES INVESTMENT 52 0 4 0 0 0 BUSINESS OPPORTUNITY 11 0 0 0 0 0 TOTAL 1375 +5 142 -8 73 +14 A few notes about the market - Home sales … [Read more...]
