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Dip In Inventory Equals Opportunity For Big Bear Real Estate Sellers

Direct link to - Window of opportunity for Big Bear sellers The number of homes for sale in Big Bear has been steadily dropping the past few months.  Just recently, we dipped below 600 homes for sale.  With that comes a window of real estate opportunity for some Big Bear home sellers. As the inventory levels drop, so does the number of available options for buyers to choose from.  And when they have less options to choose from, this makes certain properties stand out, which in turn increases the odds of that … [Read more...]

Healthy Big Bear Homes

During the winter, the average American spends 90% of their time indoors. We rarely think about the air quality around us. By taking a few easy steps we can improve our surroundings. Asthma and other chronic diseases will especially benefit from a healthy environment. From house plants to natural fibers, there are several inexpensive ways to improve your home and your health benefits. Air Fresheners Beside adding color and vibrance to a home, house plants also act like an air filter, purifying the air. They … [Read more...]

Who Controls the Real Estate Prices in Big Bear?

Direct link to Big Bear Real Estate - Who Controls Real Estate Pricing? In short, the buyers. Real Estate agents like to think they have some effect on the pricing, but I believe it is determined mostly by the buyers, and to some degree, sellers.  It doesn't matter how great an agent thinks they are, our how much money they spend marketing the property, if the price is too high and the buyers don't agree with it, it won't sell.  No amount of skill or marketing will force a buyer to pay a significant amount … [Read more...]

Big Bear Real Estate – Tour Moonridge

The Moonridge area is comprised of Lower Moonridge, Upper Moonridge and High Timber Ranch. It backs up to the San Bernardino National Forest and was one of the first areas settled in Big Bear Lake. Today it's home to the Moonridge Zoo, the Bear Mountain Golf Course, and Bear Mountain Resort. The area is loaded with hiking trails and is a perfect location if you love mountain biking. Aside from activities there are shops and great places for lunch. Lower Moonridge The lower section of Moonridge has all of the … [Read more...]

Big Bear Real Estate Buyers – Time is of the Essence!

Click here if you cannot see the video above. The standard real estate contract for the state of California includes a clause that says, "Time is of the Essence."  Essentially, this means that the parties to the contract need to perform according to the timelines laid out in the contract or they could otherwise be in breach of the contract. It appears to me that a lot of buyers, and many agents, seem to totally ignore this clause.  It is pretty common for most escrows to be delayed 1-2 weeks or more.  It is … [Read more...]

Big Bear Real Estate – Sales Update Thru October

Big Bear Real Estate Market Update The Big Bear real estate market is still moving along in a catfish-like manner.  It goes up, down & side to side with no clear direction of travel.  One thing's for sure, every month is different right now.  Sales were up 14% in October compared to the same month last year but prices were down 9% and 14% for the median and average sales prices respectively. Below is a real estate market update for Big Bear thru October 31, 2011. Year # of Homes Sold Median Sales … [Read more...]

Where Are The Big Bear Real Estate Buyers?

Related post - The Chicken or The Egg in Big Bear Real Estate? … [Read more...]

The Proctologist Called…….

And they found the bank's head! It's no wonder that the majority of short sales don't ever close escrow.  There's not a week that goes by that I don't hear a story similar to the one below. Several months ago I had a short sale property in escrow located in the Boulder Bay area at 39029 Robin Rd.  We had it in escrow for $465,000, and after 60-75 days of back-and-forth negotiating with the first lien holder, Freddie Mac, as well as the second lien holder, a private party, we were about 10-14 days away from … [Read more...]

Renting vs. Buying a Home

Extremely low interest rates, lots of inventory, and cheap prices are all reasons why you should consider a home purchase. But, is it right for you to buy now? Let’s take a look at a few of the factors to consider when making the decision to buy or to rent: When To Buy A Home Buying a home is one of the biggest investments that you will ever make. If you have excellent credit, a stable job, and enough cash in the bank to make a down payment with money left over, then buying a home may be a wise financial decision … [Read more...]

Big Bear Real Estate – Home Staging Tips

In today’s competitive real estate market sellers must do everything they can to prepare their home for a sale. Aside from pricing your home correctly, home staging is next best way to attract potential buyers. Here’s a few low cost tips to get you started turning your house into a show home. Curb Appeal This is the critical first impression as buyers drive up to the home. Wipe down or power wash your exterior including the front door, porch, outside railings and steps. It’s cheaper than repainting and makes a … [Read more...]