The market today can best be described as a Buffalo Market. These Buffalo's, fueled by the media are running straight for the cliff. If something doesn't change, they will all run right off the cliff. Prices are down, sales units are up, inventory is down and so are interest rates. These are all good things, so don't follow the herd off the cliff.
Let's take a closer look at the Big Bear Real Estate Market scenario. The Big Bear Real Estate Market is actually showing some signs of improvement. We have had 70 residential homes close escrow so far … (2 comments)
Big Bear as Foreclosure Alley? Not So, as Valley's Home Foreclosure Rate Is 8.5% February 5, 2009 by Catherine Sandstrom Filed under Current News, Government On Wednesday's edition of the "NBC Nightly News with Brian Williams," Big Bear was erroneously singled out as the community with the highest rate of home foreclosures in the nation. Early in the news segment, NBC ran a video clip of mailboxes in Big Bear while the voiceover said, "This … (0 comments)
big bear real estate: 10 Year Deed Recording Information for the Big Bear Area
- 02/06/09 09:22 AM
We finish out the year in 2008 with 11% fewer deed recordings than 2007. The inventory of active listings in the Big Bear Area is now at 908, which is the lowest number of active listings in over 2 1/2 years. This is just about a one year supply based upon 2008 deed recordings. We currently have 115 pending escrows and 53 sold YTD 2009 (Big Bear MLS). Out of the 53 sold, 26 of those were either bank owned or short sale and 27 resale or new. Steve Hirschler Associate, The Tim Wood Group Coldwell Banker Mountain Gallery 42153 Big … (0 comments)
big bear real estate: Did you lose your home, or just stop paying for it?
- 02/05/09 05:05 AM
I was watching the news yesterday. They were talking about the financial crisis and how foreclosures are up nation wide. They just kept saying how many homes families have lost. I gotta get something off my chest. To me someone that loses their home has a crisis in the work place or family medical issues that cause a hardship. Period. Then, there are those homeowners that decide it doesn't make sense to pay for their home any more because the value has fallen below the debt. That's not losing your home, that's giving it back or walking away. The other catagory … (12 comments)
big bear real estate: Moonridge Minute(s) January 2009
- 02/02/09 03:47 AM
If you would like to discuss the Big Bear Real Estate market, give me a call! Steve Hirschler Associate, The Tim Wood Group Coldwell Banker Mountain Gallery 42153 Big Bear Blvd. P.O. BOX 6820 Big Bear Lake, CA 92315 stevehirschler@gmail.com 909 866-3481 EXT. 217 CELL 909 725-5889 Fax 909 866-3531 http://www.stevesellsbigbear.com
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big bear real estate: Residential Sales Big Bear MLS January 2009
- 01/31/09 04:31 AM
These are the Closed / Sold Residential Properties for the month of January in the Big Bear Area MLS. As you can see the price range was substantial. Only five of the thirty nine sold were priced over $500,000. Average price differential (list vs. sold) is at 95.02% valley wide. Below is the break down for the different areas of Big Bear. Big Bear City
Big Bear Lake
Erwin Lake and Meadowbrook
Fawnskin
Fox Farm
Moonridge
Sugarloaf
Whispering Forest
With 10 of the 39 (25%) of the closings happening in the Moonridge Area of Big Bear, I … (0 comments)
If you are looking for a bank owned property in Big Bear, your in luck. We currently have lots active bank owned listings to choose from. There are new bank owned properties coming on the market daily. The best deals are selling in less than 30 days and for near list price, sometimes over list price. Bring your checkbook and make a trip up to Big Bear. The interest rates are low and opportunities are abundant. Steve Hirschler Associate, The Tim Wood Group Coldwell Banker Mountain Gallery 42153 Big Bear Blvd. P.O. BOX 6820 Big Bear Lake, … (2 comments)
big bear real estate: Big Bear Real Estate, it's not the same market as the neighborhood you live in.
- 01/23/09 10:37 AM
Big Bear Real Estate is a unique market. With less than 10% of the listings in the Big Bear MLS being bank owned, it isn't the same as the rest of the Inland Empire. While bank owned properties seem to be driving the market here with over 30% of the closed transactions in the past 3 months, these numbers are far below the average for the other areas of San Bernardino County. Close to 70% of the transactions in Big Bear MLS are still coming from traditional Real Estate transactions with a typical buyer and seller situation. Currently we have 931 residential properties … (0 comments)
Search the Big Bear MLS Steve Hirschler Associate, The Tim Wood Group Coldwell Banker Mountain Gallery 42153 Big Bear Blvd. P.O. BOX 6820 Big Bear Lake, CA 92315 stevehirschler@gmail.com 909 866-3481 EXT. 217 CELL 909 725-5889 Fax 909 866-3531 http://www.stevesellsbigbear.com
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big bear real estate: If you want to buy a home in Orange County, DON'T CALL ME!
- 01/06/09 09:53 AM
Call me for the name of an agent in Orange County that can help you, but don't call me or any other agent that works out of the area and expect to get an expert. When you need a surgeon, you look for the expert in the area of your surgery. You wouldn't call a brain surgeon,
for surgery on your knee.
Real Estate is local and that will not change. I am an expert in Big Bear Real Estate, but I … (0 comments)
This is the most recent deed recording information for the Big Bear area. We had a 19.5% decrease in recordings for the month of November 2008 vs November 2007. This decrease comes after 2 months of increases in September and October. Year to date for 2008 through November we are at 88.76% of 2007's year to date recordings and 60.6% of 2006. This puts the recordings at 43.18% of the 10 year average through November and only 33.75% of the best year in the past 10 for the number of recordings, 2002. If you would like to discuss Real Estate trends for the Big Bear area, … (0 comments)
big bear real estate: 441 Vista, Big Bear Lake, Lakeview Cabin in Big Bear $149,900
- 12/21/08 09:50 AM
If you are inerested in buying or selling Real Estate in the Big Bear area, please give me a call. Steve Hirschler Market Specialist and Inventory Expert Associate, The Tim Wood Group Coldwell Banker Mountain Gallery 42153 Big Bear Blvd. P.O. BOX 6820 Big Bear Lake, CA 92315 stevehirschler@gmail.com 909 866-3481 EXT. 217 CELL 909 725-5889 Fax 909 866-3531 http://www.stevesellsbigbear.com
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big bear real estate: 221 Zaca, Big Bear City Home for Sale
- 12/19/08 11:09 AM
If you are inerested in buying or selling Real Estate in the Big Bear area, please give me a call. Steve Hirschler Market Specialist and Inventory Expert Associate, The Tim Wood Group Coldwell Banker Mountain Gallery 42153 Big Bear Blvd. P.O. BOX 6820 Big Bear Lake, CA 92315 stevehirschler@gmail.com 909 866-3481 EXT. 217 CELL 909 725-5889 Fax 909 866-3531 http://www.stevesellsbigbear.com
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big bear real estate: Snow Report, Moonridge Big Bear Lake 12/16/2008
- 12/16/08 11:57 AM
Moonridge Area of Big Bear Lake market information. If you would like to discuss market trends and information about Big Bear Real Estate, please fill free to give me a call. Steve Hirschler Associate, The Tim Wood Group Coldwell Banker Mountain Gallery 42153 Big Bear Blvd. P.O. BOX 6820 Big Bear Lake, CA 92315 stevehirschler@gmail.com 909 866-3481 EXT. 217 CELL 909 725-5889 Fax 909 866-3531 http://www.stevesellsbigbear.com
Subscribe to the Big Bear Real Estate Blog … (0 comments)
big bear real estate: 581 Lakewood, Big Bear City, Horse Property, 1.88 Acres
- 12/14/08 03:53 AM
If you are inerested in buying or selling Real Estate in the Big Bear area, please give me a call. Steve Hirschler Market Specialist and Inventory Expert Associate, The Tim Wood Group Coldwell Banker Mountain Gallery 42153 Big Bear Blvd. P.O. BOX 6820 Big Bear Lake, CA 92315 stevehirschler@gmail.com 909 866-3481 EXT. 217 CELL 909 725-5889 Fax 909 866-3531 http://www.stevesellsbigbear.com
Subscribe to the Big Bear Real Estate Blog … (0 comments)
big bear real estate: No, you shouldn't offer 20% under list price on every house you want to buy.
- 12/12/08 11:07 AM
I have seen a shift in buyer behavior over the past 6 months. It really should be expected with the market conditions, media coverage and increasing numbers of bank owned and distressed properties. The shift in behaviour is the lack of trust and confidence in their agent. They seem to think that we are trying to pull one over on them, even when we have shown them the best inventory available. In the past 6 month I have had no less than 7 buyers miss the house that was the best fit. This happened because they wanted to either place a … (0 comments)
big bear real estate: What do you want in your Big Bear Cabin?
- 11/30/08 07:47 AM
I see more and more clients that are hoping to find the best deal, the one they think will be just sitting out their waiting for them to come along. Some buyers actually are looking for a cabin without the help of a local agent. This must be very frustrating. It reminds me of shopping at a big box retailer. I just wander around until I find what I am looking for. It takes me twice as long, but I know it is a waste of time to ask one of the clerks for help, since they have little knowledge of … (0 comments)
big bear real estate: Bank Owned REO Properties Sold in Big Bear in the past 6 months.
- 11/20/08 08:15 AM
The Statistical Summary above was taken from the local Big Bear Board of Realtors Multiple Listing Service. Recently I have had a number of clients ask about the bank owned inventory and sales prices. This chart shows that in the past 6 months we have had 91 Bank owned REO properties that have sold through the Big Bear Board of Realtors Multiple Listing Service. (Obviously we have had some transactions that were not listed through the local MLS) What is interesting and a point of discussion with the buyers is the price differential. Unlike some of the more traditional … (0 comments)
big bear real estate: Deed Recording information for Big Bear Real Estate October 2008
- 11/17/08 09:52 AM
This is the most recent deed recording information for the Big Bear area. We had a 31% increase in recordings for the month of October 2008 vs October 2007. That's 2 months in a row that we have had an increase in recordings over the previous year, I hope this trend continues. Year to date for 2008 through October we are at 89.6% of 2007's year to date recordings and 60.6% of 2006. This puts the recordings at 43.98% of the 10 year average through October and only 34.25% of the best year in the past 10 for the number of recordings, 2002. Steve Hirschler … (0 comments)
Many of you are wondering what you should do with that nest egg that is disappearing in the stock market. You are working harder and struggling to save for your retirement.
There is an opportunity right now that will soon be the thing you should have done. Big Bear housing prices have adjusted back to early 2004 levels.
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