Want to Buy in Big Bear Lake and Not Pay Big Bear Prices?
October 14, 2009
Buyers are finding looking east into Big Bear City can pay dividends…
As the current average price of a home in Big Bear Lake was $392k for August 2009 as reported by the Big Bear Real Estate Board from figures in the Big Bear MLS, buyers are finding out by moving east can mean buying a larger house or even a house with a larger lot can be much more inexpensive than a home in Big Bear Lake. And yet buying a home in Big Bear City or Sugarloaf, or Whispering Forest is just a few minutes away from Big Bear Lake.
The Big Bear Real Estate Board reported figures from the Big Bear MlS in August 2009 showing the average price of a home in Big Bear City was $237,946 dollars. What is even more important, Fidelity National Title reported for this same time the price trend for home values in Big Bear City was up 5.1% for the same period last year. The sales trend for this same time showed 29 homes being sold during this time. In August 2008 the number of sales was 28. The average square foot price for Big Bear City was $156 a square foot. [Read more]
Current Market Conditions – Big Bear Real Estate Sept 2009
October 7, 2009
“Looking for a deal under 300k in Big Bear Lake”
Simply said Big Bear Lake Real Estate is on fire…but hold on for all you sellers…the current real selling market is for properties listed below 300k…sure there are sales above 700k, but in this sales market for last two months the focus and sales have been for the most inexpensive listings.
As we head into the fall, foreclosure sales continue to have impact in our market especially in the Big Bear City and the surrounding areas in the County of San Bernardino which include include Sugarloaf, Baldwin lake, Erwin lake and Lake Williams. [Read more]
Big Bear Lake Current Market Conditions – April 2009
May 3, 2009
Fidelity National Title Company Reports 5% Increase in Home Values for Big Bear Lake
As reported this week by the County Assessor of San Bernardino County, Big Bear lake home values have increased 5% since April 2008. The average price of a home in Big Bear Lake for April 2009 was $475,147. What is probably more interesting for investors is the number of actual sales has increased 41.7% . This only verifies my previous blogs that our market here in Big Bear is on the move.
Even Big Bear City figures show a 15.8% increase in the number of sales in comparison to April 2008. As for San Bernardino County the number of sales has also increased to 46.8%. [Read more]
Current Big Bear Lake Vacation Home Investment Strategy-April 2009
April 2, 2009
How buying and owning a 2nd home investment property in Big Bear can be the best investment for you and your family!!!
Purchasing a vacation home in Big Bear Lake market offers many unique and rare opportunities to the investor. When an investor purchases a 2nd home in at the mountain resort of Big Bear Lake he may be able to rent the property as a vacation rental when the property is not being occupied.
In other words, the property is listed with a vacation rental company in Big Bear Lake and when the owner is not occupying the property for personal use then the property can be rented by the rental company. Recently in 2008-2009 about 1/3 of the purchases in Big Bear Lake , (including Moonridge) were vacation homes. Depending upon the size, location, style of the home or cabin, the daily rate is between $125-500 dollars per night, with a minimum 2 night stay. [Read more]
Big Bear Lake 1st Qtr Real Estate Statistics
March 21, 2009
March 2009 Big Bear Real Estate Market on the rise…
As shown by the Big Bear Real Estate Board and the Big Bear MLS, Big Bear Lake 1st quarter real estate statistics are in and for the 1st quarter this year sales have increased 35.8% over the same period last year.
Coincidentally the number of active listings have decreased 6.5% over last year as this supports the strong demand for Big Bear properties. In addition the number of active listings has fallen about 8% in the last year (from approximately 1614 to 1485 active listings this March 2009). [Read more]
Big Bear Lake's March 2009 Sales Report
March 11, 2009
Attention All Real Estate Investors…Big Bear MLS Reports Over 60 Sales in Big Bear Lake in the Last 30 Days…
Big Bear MLS figures show over 60 sales in Big Bear Lake in the last 30 days and current listings have now fallen below 500 as there are only 471 listings in today’s market for Big Bear Lake. The median sold price was 375,126 with an average time of 205 days on the market.
Coupled with the earlier monthly report of Big Bear Lake home values increasing 13.6% since last year makes purchasing a Big Bear home a very shrewd investment, especially in these times. [Read more]
Big Bear's January 2009 Monthly Sales Report…
March 9, 2009
Attention All Investors… Big Bear’s Home Prices Are Rising!!!
January’s 2009 monthly sales report from Fidelity National Title has just been delivered…in comparison from January 2008 to January 2009 the average price in Big Bear Lake has increased 13.6%…last years median price in Big Bear Lake was $345,794 dollars and today figures show a median home price of $392,769 dollars for Big Bear Lake…
Even the County of San Bernardino area of Big Bear City shows an overall increase in the last year of 7%…homes in Big Bear City were selling last January for a median price of $220,872 dollars and now this January the median sale price is $236,250 dollars… [Read more]
Big Bear Market Update – New Year Review 2009
March 4, 2009
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. [Read more]
HOT DEALS! Big Bear Fixers, Short Sales & Foreclosures
April 17, 2008
Q: Are there deals to be found currently in the resort town of Big Bear, California? [Read more]
What Types of Property are Available in Big Bear?
April 17, 2008
What types of Big Bear Real Estate is available in Big Bear Lake, CA?
There are a variety of homes and property available in Big Bear. We will be discussing these home & property types very soon.
Any questions you may have?
