There are plenty of signs that the Big Bear real estate market recovery we are seeing is "the real deal". The fact that home sales are up while the number of homes for sale in Big Bear are down is the underlying fundamental driving the recovery. But there are many …
This past decade, we've seen record highs in the real estate world as well as record declines and now a quicker than expected recovery. I have noticed that national real estate news has resulted in many people having skewed perceptions of where the Big Bear real estate market was at …
The number of homes for sale in Big Bear continues to stay remarkably low while sales have continued to increase. The basic laws of supply and demand dictate that when supply is low and demand is high, prices are likely to rise. And that is exactly what we are seeing …
We are near peak season for home buying in the Big Bear real estate market. Late summer is traditionally our busiest time for home sales as summer visitors spend time in the valley and fall in love with all the wonderful things that Big Bear has to offer. Of course, …
With all the positive news on the national, regional, and local levels about the incredible recovering real estate market, I feel that many people are losing perspective as to what gains real estate has really made since the market hit bottom. Yes, homes sales and prices have rebounded far quicker …
Following up on yesterday's mid-year market report, let's look at what the Big Bear real estate market has done with some different comparisons.
June-to-June Comparison
When comparing Big Bear home sales from June 2012 to those in June 2013, we see that the number of homes sold …
As most are aware, news of the nationwide real estate crisis over this past year quickly turned into headlines of not only a real estate market recovery, but a real estate market boom! No one saw such a quick turn-around in real estate coming, and no one knows how long …
It was only a few months ago that 30 year fixed mortgage rates hit their record lows sinking beiow the 3.5% mark. Never in history had rates ever been that low! But with the stock market improving and investors jumping out of the bond market and into stocks, interest rates …
One of the trends we've seen since over the past few years in the Big Bear real estate market has been a notable increase in the number of cash sales. Here is a ten year history showing the percentage of homes in Big Bear that have been purchased with cash …
May 2013 saw increases in almost every price measure when compared to May of 2012, further indicating that a robust real estate recovery is underway in Big Bear.
Although the average sale price for a Big Bear home dipped from $280,562 in May 2012 to $269,702 this year, the …