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Big Bear Real Estate Fast Facts 5/14/2009

Big Bear Real Estate Fast Facts: 905 Active residential listings valley wide / only 49 (5.4%) of these are Bank Owned REO properties. Big Bear is not a foreclosure mecca, but there are some great deals to be found. Inventory is down from 2008 and holding around 900 for the last 30 days. This is usually a time of the year when the inventory naturally increases for the summer months ahead. 126 Pending sales in escrow / 40 (31.7%) of these are Bank Owned REO properties. Surprisingly, only 21 of these are short … [Read more...]