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Big Bear Foreclosure Numbers – September 2009

Bank repossessions in Big Bear were up 9% in September though the overall foreclosure filings dropped significantly. The foreclosure filings in September 2009 (180) were down 18% from August 2009 (219).  Year over year, however, filings were up 122% from the September 2008 (81) numbers. Good news - we are seeing a slow down in the foreclosure numbers.  Bad news - the numbers are still too high to be overly excited about the market getting better. Foreclosure filings are made up of three parts - Notices of … [Read more...]

Big Bear Home Sales – September 2009 & Third Quarter 2009

Big Bear Home Sales In typical fashion for today's volatile real estate market, September home sales in Big Bear hit a 2 year high with 92 homes sold. Home sales rose 19% when compared to the August numbers (92 v. 77), and were up 12% when compared to September 2008 (92 v. 82). The peak selling season is July thru October so increased sales are not to be unexpected during this time frame.  But, the last 4 months have also been the strongest stretch we've seen in quite a while. I believe this increase in sales … [Read more...]