Bank owned properties in Big Bear are continuing to come on the market for sale at a steady pace. Don't expect that to change anytime soon. In the month of September 2008, there were 41 properties that went back to the bank. And there have already been 10 so far this month. While a few of these
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10/20/2008
It is getting to be that time of year again when the weather in Big Bear is turning colder. It is pretty common these days that the temperatures during the night hover near the freeze mark. This will only increase as we head into winter. Given that most of the people who own property in Big Bea
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10/19/2008
News about the real estate market is huge these days. There is a lot of talk about prices going down, sales going down, and lots of numbers to prove the point. But, are these numbers legit? I use the Big Bear MLS to substantiate a lot of the real estate data that I provide on the Skinny. Pulli
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10/18/2008
Home sales in Big Bear hit their highest mark of the year with 82 homes sold in the month of September. This surpasses the previous monthly high of 2008 which was 67 homes sold in the month of May. This is also 22 more than Aug. 2008 and the previous Sept. 2007. The median price for Sept. home s
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10/17/2008
Whether it is with selling or buying, everyone would like to time the market. A seller always wants to sell at the peak while a buyer always wants to buy at the bottom. Who wouldn't? But the reality is that timing the market happens more by luck than strategy. By the time you know it is the botto
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10/13/2008
Originally posted at The Big Bear Skinny. If you turn on any national news channel in the morning before work you will always see the weather forecast for the day. And sure enough, when they go to the "your neck of the woods" weather report, you will see your local weather news person give a qui
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10/12/2008
Originally posted at The Big Bear Skinny. I sat down with Israel Barden, our REO & bank owned expert for Coldwell Banker here in Big Bear Lake, for a quick video discussion on the 3 most important things buyers in this market need to understand about buying a bank owned property. There are many
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10/10/2008
Originally posted at The Big Bear Skinny. Below are the details on home sales in Big Bear for the 2nd and 3rd quarters of 2008. See the 1st quarter home sales here. Why am I posting the 2nd and 3rd quarters together? Because I was lazy (or busy) in July and did not post the 2nd qrt. numbers t
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10/09/2008
Originally posted at The Big Bear Skinny. Bank owned properties dominate the headlines in today's real estate world. Rightfully so, they are setting the pricing standards in most areas while comprising roughly 20%-70% of the current closed sales for many areas in our Nation. Here are a few recomm
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10/08/2008
Originally posted at The Big Bear Skinny. A lot of buyers today get caught up in what a property is listed for and how much they can get off of the price. They think the more off the price they can get, the better value they are getting. While this might be true in some cases, it can be false in
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10/07/2008
