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Big Bear Real Estate Market Update – Thru June 2011

Big Bear Home Sales - Year to Date (1/1/2011 thru 6/30/2011) The Big Bear real estate market has slipped even further when compared to 2010, with home sales down 11% - 354 total sold in 2011 vs. 399 total sold in 2010 thru June. This drop is due in large part to a very slow sales month in June.  There were 49 home sales in June, compared to 72 sales last June (32% drop), and down from 55 home sales in May.  This is actually pretty surprising as sales should be going up this time of year, not down as they have been … [Read more...]

Big Bear Foreclosure Numbers – April 2010

Foreclosure filings in Big Bear dropped 6% in April 2010 when compared to March. Year over year, foreclosure filings were down 4% from the April 2009 numbers, the fourth month in a row that foreclosure filings were down year over year. Keep in mind, foreclosure filings are made up of three parts - Notices of Default (NOD), a recorded document that starts the foreclosure process, which is normally filed after homeowners fall behind in their payments. Notices of Sale (NOS), a recorded document that is filed about … [Read more...]