Above is the most recent deed recording information for the Big Bear Lake area. July recordings jumped up to 55% of the 10 year average. This is a 9% increase in the number of recordings over 2007! Year to Date we have had 483 deed recordings and that represents a 56% decline from the 2007 numbers. It is also a 58% decline from the 10 year average.

What does this mean for buyers and sellers in this market?

For Buyers, it is still the best market in decades. Inventory is stable, and opportunities are abundant.  

Seller's are not seeing activity until they price their property at or below market value. Price is the single most important factor in selling your home.

If you would like to discuss Big Bear market trends, please feel free to call me.

Steve Hirschler

Associate, The Tim Wood Group

Coldwell Banker Mountain Gallery

42153 Big Bear Blvd.

P.O. BOX 6820

Big Bear Lake, CA 92315

steve@bigbeargallery.com

909 866-3481 EXT. 217 CELL 909 725-5889

Fax 909 866-3531

http://www.stevesellsbigbear.com