Patience is the key to getting a "great" deal when buying a property in Big Bear. In this real estate market, those who have the ability to wait, be patient, and let things draw out as they may are the ones who get the best buys when it is all said and done. Every buyer wants to get the best deal possible but very few have the patience necessary when it comes time to buying a house. In today's age of text & instant messaging, twitter, and the wealth of information at your fingertips, actually having to wait … [Read more...]
Search Results for: foreclosure
Searching For Real Estate In Big Bear Just Got A Whole Lot Better
November 15, 2008 by Leave a Comment
Searching for real estate in Big Bear is getting easier everyday. With more access to the data, consumers are starting to see the full picture of what is going on in a particular real estate market. I recently signed up for a map based IDX MLS search product from Diverse Solutions. For those not familiar with IDX, it stands for internet data exchange. It is essentially an agreement between real estate brokers in the same MLS which permits each broker to share their listings in eachother's online advertising … [Read more...]
Bank’s Incompetency = Buyer’s Gain
November 2, 2008 by Leave a Comment
It is no wonder why so many banks are failing these days. They just do not seem to comprehend what is going on in the current real estate market. Here is a perfect example. This property just came on the market for sale in the Moonridge area of Big Bear. Listing price is $399,900, 3 bed, office, family room, & 2.5 baths. It needs roughly $15,000 to $25,000 in finishing details to complete it. The property is now bank owned. A little history on this property. I had it for sale from April to August of … [Read more...]
Real Estate Reports Should Be Like the Weather Reports….Local.
October 12, 2008 by Leave a Comment
If you turn on any national news channel in the morning before work you will always see the weather forecast for the day. And sure enough, when they go to the "your neck of the woods" weather report, you will see your local weather news person give a quick 15-20 second local weather report. Seems to be just the way it is with weather reports. But then, the next segment that comes on talks about the national real estate market.....is there such a thing? No local reports as with the weather, just one report that … [Read more...]
Big Bear 2008 First Quarter Home Sales
May 11, 2008 by 1 Comment
This may be a little late but it is still informative to look at and compare the first quarter home sales for 2008 with that of the previous 5 years. It is pretty well known that home sales in Big Bear have slowed down tremendously. First quarter sales were off 48% from the first quarter of 2007 (and 2007 was the slowest year for the number of sales that we have seen in over 20 years) and 69% less than the first quarter of 2004, the best first quarter in the past 6 years. Year Q1 # of Home Sales Median Sales … [Read more...]
