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market report: BIG BEAR MARKET REPORT AUGUST 2009 - 08/05/09 01:22 PM
The Big Bear Report
August 2009
A Monthly Review of the Big Bear Real Estate Market
Buyer activity in the Big Bear real estate market is showing signs of strengthening. Although typical for this time of year, both pending" and "closed" sales increased last month in nearly all sectors of our market. While land sales and commercial business opportunity demand remain sub-normal, residential sales under $400,000 are the sector of the market that is getting the majority of attention. We are finding more and more sales coming from multiple bidders on bargain priced properties that push … (1 comments)
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market report: Big Bear Market Report July 2009 - 07/07/09 05:33 PM
The Big Bear Report
A Monthly Review of the Big Bear Real Estate Market
July 2009
For the first time in 10 months, the median home price in Southern California did not decline. The result of combining record low interest rates and the sharp decline in overall sales have given some real estate "experts" an indication that we may be close to hitting bottom. As I've mentioned in previous reports, no one can predict the bottom until we are on our way up.There are just too many variables, especially with the current administrations illusion on capitalism.
… (0 comments)
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market report: Big Bear Market Report June 2009 - 06/04/09 12:02 PM
June 2009
The Big Bear Report
A Monthly Review of the Big Bear Real Estate Market
As we "sell off" the future of our children we continue to enable all 545 policy makers (Government Representatives and Bureaucrats) to use our tax dollars (known as public funds) to protect bond-holders for their confidence in some of the most mismanaged companies in our nation's history instead of allowing them to take losses that were clearly their own.
Most "career" Realtors from across the country are finally getting fed up with all the doom and gloom of daily … (1 comments)
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market report: Big Bear Market Report May 2009 - 05/05/09 01:51 PM
The Big Bear Report
May 2009
A Monthly Review of the Big Bear Real Estate Market
What's it going to take for buyers to understand that NOW is the right time to invest in property? Of course there are some buyers "sitting on the fence" for fear of losing their job (that's understandable). What is not understandable is why so many buyers remain on the fence from their fear of buying before the market "hits bottom". Today we know values are down and bargains are to be made. We also know that interest rates are currently … (0 comments)
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market report: Big Bear Summary Report - 04/10/09 01:08 PM
· PROPERTY INVENTORY: 907 Homes
359 Lots
49 Condos
69 Commercial & Business
28 Gov't & Mobile Homes
· INTEREST RATES: Declining
· MARKET CONDITIONS: Great Buyer's Market
· VALUES HAVE: Decreased 30% over the past 3 years
· NUMBER OF HOMES SOLD LAST MONTH: 52 ( 5.7 % of Market)
Residential East Valley West Valley
East Valley: Big Bear City, Baldwin Lake, Erwin Lake, Sugarloaf, Lake Williams, Whispering Forest
West Valley: City of Big Bear Lake, Fox Farm, Moonridge, Fawnskin
Solds … (0 comments)
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market report: BIG BEAR MARKET REPORT APRIL 2009 - 04/10/09 12:48 PM
The Big Bear Report
April 2009
A Monthly Review of the Big Bear Real Estate Market
We live in the wealthiest country in the world. While the media continues to focus on the unfortunate people losing their jobs, their homes, (their country), the fact is, there are others who still have lots of money to invest. And what better investment to make in today's "impending recession" than real estate?
As the "Boomers" begin to think about retirement in the coming years, they look at their options, mostly about where they see themselves … (0 comments)
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market report: Big Bear Market Report March 2009 - 03/10/09 07:27 PM
The Big Bear Report
March 2009
A Monthly Review of the Big Bear Real Estate Market
First of all, it's a buyer's market. But you already knew that, so what's stopping them? Today, more than ever, buyers must get past the media hype and fear and consider the fact that, over time, REAL ESTATE ALWAYS APPRECIATES.
Several years ago, I attended a conference where Harry Dent, author of "The Next Great Bubble Boom" and "The Roaring 2000's" (both New York Times best sellers), gave an informative lecture using regional demographic data to forecast real estate market trends. One of … (0 comments)
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market report: Big Bear Market Report January 2009 - 01/07/09 06:42 PM
The Big Bear Report
January 2009
A Monthly Review of The Big Bear Real Estate Market by Big Bear's Leading Realtor®
So now we know what happens when too many people who have too few assets buy too much house with the help of too many risky mortgage products and too little oversight. While there is plenty of blame to go around, why is it that the culprits most responsible for this financial mess continue to make it so difficult? I don't know about you, but I was under the impression that our tax … (1 comments)
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market report: Big Bear Summary Report For Residential Closings Last Month - 12/04/08 05:47 PM
Summary Report For Residential Closings Last Month
· PROPERTY INVENTORY: Stable Buyer's Market
· TRENDS IN MORTGAGE INTEREST RATES: Stable
· CURRENT MARKET CONDITIONS: Distressed
· VALUES HAVE: Decreased 20% over the past 2 years
· NUMBER OF PROPERTIES SOLD LAST MONTH:57 ( 3.5% of Market)
… (0 comments)
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market report: Big Bear's Market Report December 2008 - 12/04/08 05:22 PM
The Big Bear Report
A Monthly Review of The Big Bear Real Estate Market by Big Bear's Leading Realtor®
December 2008
Now that the elections are behind us, what influence will the new administration have on the future of the real estate industry and the market as a whole? A key campaign promise was Obama's willingness to raise taxes for some and eliminate tax benefits for others. The mere possibility of raising the capital gains tax on real estate and stock investments and eliminating interest payment deductions on second homes will be devastating, especially in resort markets. All we … (1 comments)
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market report: BIG BEAR'S MARKET REPORT - 11/04/08 05:18 PM
Big Bear Report
A Monthly Review of The Big Bear Real Estate Market by Big Bear's Leading Realtor®
Monthly Update Letter
For most of us trying to make sense of this financial downturn is difficult, to say the least. We have the financial press offering up their opinions, we see interviews with dozens of "so-called" experts giving us their take on what happened, we watch Congressmen (and Congresswomen) and Senators pointing fingers blaming each for this mess and the American people are getting fed up with all the explanations and excuses.
Personally, I think Forrest Gump said … (0 comments)
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market report: OCTOBER 2008 BIG BEAR REPORT - 10/01/08 06:00 PM
The Big Bear Report
October 2008
A Monthly Review of The Big Bear Real Estate Market by Big Bear's Leading Realtor®
It's no lie. The real estate and financial markets are quite a mess right now. Just when buyer activity began to pick up in the first 2 weeks of September, the rapidly unfolding crisis in the financial markets quieted our lead generation momentum dramatically.
The nation's credit crunch had started to show some signs of relief recently due to an increase in mortgage applications with declining interest rates, and the government bailout of Fannie Mae and Freddie … (1 comments)
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Mike Dolan -Big Bear Real Estate
Big Bear Lake,
CA
More about me…
Mike Dolan-Big Bear Real Estate
Address: 42149 Big Bear Blvd, Big Bear Lake, CA, 92315
Office Phone: (909) 866-6453 x 120
Cell Phone: (909) 936-6453
Email Me
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