Big Bear Market Update – New Year Review 2009

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A Year in Review – Big Bear Real Estate Housing Activity

Well we are off to a good start for  the new year in Big Bear and our real estate market has already increased  in sales compared to January 2008. The numbers from the in Big Bear Real Estate Board/MLS show a  60%  increase in sales activity from January 2008 to January 2009 furthermore the current number of listings in Big Bear MLS  has decreased from 1471 listings to 983.  Simply said buyers are buying…

What is interesting of note … Big Bear Lake homes listed under $400,000 are listing and selling quicker than any other area in Big Bear, including Big Bear City, Fawnskin, Sugarloaf, Baldwin Lake, Erwin Lake, Whispering Forest and Lake Williams.

Another item of note … foreclosure sales in Big Bear continue to sell like anywhere else … out of the 124 opened escrows for January 2009…25 were either short sale or foreclosure listings…

Check out my blog next month, to see How Loans and Interest Rates are Affecting our Current Market, here in the beautiful San Bernardino Mountains … and remember for any questions about real estate please contact me through email at bigbeardreaming.com or my cell 909 838-9037… or even better drop by Boulder Bay Real Estate and say “hello”…

Danny Dominguez
Boulder Bay Real Estate