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Big Bear Foreclosure Numbers – October 2010

Foreclosure filings for Big Bear dropped in October 2010, down 17% when compared to September, a sizable chunk which continues the zig-zag movement of the Big Bear foreclosure market over the past year. Year over year, foreclosure filings were down 33% from the October 2009 numbers, the tenth straight month that foreclosure filings were down year over year. Foreclosure filings are made up of three parts - Notices of Default (NOD), a recorded document that starts the foreclosure process, which is normally filed … [Read more...]

Big Bear Foreclosure Numbers – September 2010

Foreclosure filings in Big Bear dropped in September 2010, down 3% when compared to August, thus again showing the zig-zag movement of the Big Bear foreclosure market. Year over year, foreclosure filings were down 11% from the September 2009 numbers, the ninth straight month that foreclosure filings were down year over year. 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 … [Read more...]

Big Bear Foreclosure Numbers – August 2010

Foreclosure filings in Big Bear rose back up in August 2010, up 5% when compared to July, continuing the zig-zag movement of the Big Bear foreclosure market. Year over year, foreclosure filings were down 25% from the August 2009 numbers, the eighth straight month 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 … [Read more...]

Big Bear Foreclosure Numbers – July 2010

Foreclosure filings in Big Bear dropped in July 2010, down 5% when compared to June, continuing the zig-zag uncertainty of the Big Bear foreclosure market. Year over year, foreclosure filings were down 14% from the July 2009 numbers, the seventh straight month that foreclosure filings were down year over year. Notices of sale saw a decent size drop while notices of default were down slightly. The number of properties going back to the bank in July came back up, but it was still on the lower end of the monthly … [Read more...]

Big Bear Foreclosure Numbers – June 2010

Foreclosure filings in Big Bear rose in June 2010, up 25% when compared to May, continuing the zig-zag uncertainty of the Big Bear foreclosure market. Year over year, foreclosure filings were down 12% from the June 2009 numbers, the sixth straight month that foreclosure filings were down year over year. Notices of sale saw a big spike while notices of default were up modestly.  The number of properties going back to the bank in June was the lowest we've seen since February 2009. Keep in mind, foreclosure filings … [Read more...]

Big Bear Foreclosure Numbers – May 2010

Foreclosure filings in Big Bear dropped significantly in May 2010, down 32% when compared to April. And year over year, foreclosure filings were down 46% from the May 2009 numbers, the fifth straight month that foreclosure filings were down year over year.  This is a welcome sign for an otherwise slow moving Big Bear real estate market. 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 … [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...]

Where’s The Value In A Free List Of Properties?

Click here if you cannot see the embedded video. If you want some REAL knowledge of the foreclosure or REO properties in Big Bear, check out these guys.  They've got the knowledge, study the market everyday, and even a run a site specifically dedicated to bank owned homes in Big Bear. … [Read more...]

Big Bear Foreclosure Numbers – March 2010

Foreclosure filings in Big Bear rose 12% in March 2010 when compared to February.  Year over year however, foreclosure filings were down 3% from the March 2009 numbers, the third 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 … [Read more...]

Best Doesn’t Mean Highest – The Truth Behind Multiple Offers

Bank owned listings are accounting for almost 50% of the sales in the Big Bear area.  Multiple offers are becoming the norm on these aggressively priced properties and the buyers are having to learn a new strategy of making offers and counter offers.  Gone are the days of endless counter offers back and forth between the buyers and sellers.  Receiving a best and final counter offer is what a buyer can usually expect and there are some things that you should know when responding to these bank counters. Highest … [Read more...]