Explore Big Bear, CA

By Israel Barden
(RE/MAX Big Bear Village)
Comments 0
Originally Posted at www.bigbearilluminated.com With all the fervor over bank owned properties, it is sometimes easy to overlook homes listed by an actual homeowner. This can be a big mistake. If the homeowner in question is savvy on market conditions and has a good Realtor to advise them, tradi...

By Steve Hirschler, Big Bear Real Estate
(Keller Williams Big Bear)
Comments 2
                                Total Residential (excluding bank owned)                          Bank Owned Current  Inventory (total # of units)             846                                                     52           Pending (inescrow)                                        75         ...

By Joe Pecoraro
(REMAX- Big Bear)
Comments 0
By Joe Pecoraro The bank owned properties in Big Bear just keep on coming.  We are now starting to see  properties in the more exclusive neighborhoods of Big Bear Lake.  Even a couple lake front properties have become REO listings.   These five properties are all in great locations and priced wel...

By Steve Hirschler, Big Bear Real Estate
(Keller Williams Big Bear)
Comments 0
Home buyers in California can enjoy up to $18,000 in tax credits - MarketWatch. This is great news for buyers and builders in the Big Bear area and the state of California.  This tax credit is available for full time principal residences. Currently in Big Bear we have 75 homes that are new or und...

By Israel Barden
(RE/MAX Big Bear Village)
Comments 0
I am making this post as a word of warning to the buyers and sellers out there. Just because the lender assures you everything is okay, don't take their word for it. A deal can go south at any time. Most times, at the last minute. You have your buyers ready to sign docs and WHAMO! The underwriter...

By Steve Hirschler, Big Bear Real Estate
(Keller Williams Big Bear)
Comments 0
Bank Owned Bank Owned These are the 5 new bank owned properties that came on the market this week in Big Bear. The first home 1005 Sequoia is located in Big Bear City and sold for $265,000 in June of 2006. The second home 154 Poplar is located in Fox Farm and sold in June of 2005 for $349,900. T...

By Steve Hirschler, Big Bear Real Estate
(Keller Williams Big Bear)
Comments 0
Sold through 2 24 2009 Big Bear homes sold year to date are up 59%. That is a good sign for the Big Bear Real Estate market. With 89 closed residential sales in 2009 compared to 56 closed during the same time in 2008 you could say the buyer's are jumping off the fence.   Sold through 2 24 2008 A...

By Steve Hirschler, Big Bear Real Estate
(Keller Williams Big Bear)
Comments 2
1. Not every bank owned property is a great deal. They will at some point be a good deal, but if not priced correctly when listed initially it may take an agent or two before the price gets to the deal range. Some banks are not willing to listen to the listing agent and want to list at their pric...

By Steve Hirschler, Big Bear Real Estate
(Keller Williams Big Bear)
Comments 0
Year 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 Monthly  Rank 10 Year Average 2009 % of  Average Jan 125 125 158 130 194 163 128 139 77 44 11 128 68 53% Feb 126 158 128 148 169 173 147 112 80 43 12 128   0% Mar 183 174 168 187 197 219 186 118 99 59 10 159   0% Apr 159 169 150 213 227 238 ...

By Donna Wochner
(Re/Max)
Comments 0
  Today was the third winter storm that hit the San Bernardino mountains this season.  Snow levels dropped to 3,000 feet as we've had more than 2 feet of fresh powder.   Snow Summit and Bear Mountain welcome the snow along with many skiers and snowborders!!   Click here for a current snow report ...

By Israel Barden
(RE/MAX Big Bear Village)
Comments 0
Originally Posted at www.bigbearilluminated.com I just thought some folks would be interested in an update on what is going on with bank owned property in Big Bear Lake. Like every where else, Big Bear definitely has it's share of foreclosure woes and their impact on the market. But, not as bad ...

By Steve Hirschler, Big Bear Real Estate
(Keller Williams Big Bear)
Comments 0
The response below was posted on the local KBHR News, and is an accurate picture of the foreclosure statistics in the Big Bear Area. 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 W...

By Joe Pecoraro
(REMAX- Big Bear)
Comments 0
-Joe Pecoraro Since two of the last three bank owned deals I wrote about are currently in escrow,I figured it was a good time to pick three others to share.  Just like last time, these cabins are all priced to sell.  In today's market aggressive pricing is the name of the game, if it is not price...

By Israel Barden
(RE/MAX Big Bear Village)
Comments 0
I just wanted to take a moment to offer a word of warning to potential buyers that are getting ready to take the leap into buying a property in Big Bear Lake or elsewhere. In times past, it was commonplace for the seller to fix a certain amount of items in order to get the home sold. It seems li...

By Steve Hirschler, Big Bear Real Estate
(Keller Williams Big Bear)
Comments 0
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 ...

By Steve Hirschler, Big Bear Real Estate
(Keller Williams Big Bear)
Comments 2
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 p...

By Steve Hirschler, Big Bear Real Estate
(Keller Williams Big Bear)
Comments 0
The market is moving quickly. You can't wait and see what will happen. Your delay of the inevitable will cost you. Time is not on your side.Sell now, or don't. Don't think it will get better. Don't think that a buyer will fall in love with your house and pay more. It will not happen. Sell now, or...

By Israel Barden
(RE/MAX Big Bear Village)
Comments 10
I just went through a very frustrating experience and thought I would share it in the hopes it may help someone else. It has to do with the policy many banks have adopted of forcing a buyer to pre-qualify with the banks lender of choice before they can submit an offer. If you are not ready for th...

By Joe Pecoraro
(REMAX- Big Bear)
Comments 0
If you are one of the many buyers waiting for a good deal on a bank owned property in Big Bear, you probably know by now that you have to be quick with your offer to have a chance.Many times a property will get multiple offers the first couple days on the market.  If you think it is a deal, so do...

By Israel Barden
(RE/MAX Big Bear Village)
Comments 4
Originally Posted At www.bigbearilluminated.com Buying a bank owned home is an interesting process. Sometimes it is swift and painless. Other times, it is an incredible quagmire. No bank operates in the same manner. Every single one will have different requirements and procedures that dictate how...

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