Market Wide Summary Big Bear Real Estate market snapshot for the month of October 2018 The average sales price of single family homes in Big Bear in October increased by 18% compared to the previous month, and the median sales price was up 12% from September. Median sales price over Jan-Oct was 11% higher compared to the median sales price over the same period last year. List Price vs. Sale Continue Reading
Big Bear Real Estate Market September 2018
Big Bear Real Estate Market Snapshot for the Month of September 2018 Market Wide Summary The average sales price of single family homes in September decreased by 11% compared to the previous month, though year-to-date was 6% above where it was January-September of last year. Median sales price was down 6% from last month, though was 11% higher YTD compared to what it was over the first Continue Reading
Is Your Big Bear Listing Priced Right?
By Rick Hackney, Hackney Appraisal Service Overpricing your home can be a problem. Let’s review some of the most common mistakes made in arriving at a list price, and my comments. 1. There is a listing down the street that you view as inferior to your home and therefore your property should be listed for a higher price. Comment: Closed and pending sales are the best indicators of value, Continue Reading
Big Bear Real Estate Market August 2018
Market Wide Summary Big Bear Real Estate market snapshot for the month of August 2018 The average sales price of single family homes in August stayed relatively flat compared to the previous month, though the median sales price was down 12% from July. Median sales price over Jan-Aug was 16% higher compared to the median sales price over the same period last year. List Price vs. Sale Price Continue Reading
What to Ask Your Vacation Rental Company
Interviewing your vacation rental company Choosing a vacation rental company to work with in marketing and managing your investment property is an important decision. It can be a challenge knowing what questions to ask if you are unfamiliar with the Big Bear area and market, typical procedures, city and county rental regulations, and so on. Here are 15 important questions to ask when interviewing Continue Reading
Big Bear Real Estate Market July 2018
Market Wide Summary Big Bear Real Estate market snapshot for the month of July 2018 The median sales price of single family homes in July increased by 13% compared to the previous month, and the average sales price was up 7% from June. Average sales price over Jan-Jul was 11% higher compared to the average sales price over the same period last year. List Price vs. Sale Price and Days on Continue Reading
Big Bear Real Estate Market June 2018
Market Wide Summary Big Bear Real Estate market snapshot for the month of June 2018 The average sales price of single family homes in June decreased by 13% compared to the previous month, and the median sales price was down 6% from May. Average sales price over Jan-Jun was 10% higher compared to the average sales price over the first half of last year. List Price vs. Sale Price and Continue Reading
Big Bear Real Estate Market May 2018
Market Wide Summary Big Bear Real Estate market snapshot for the month of May 2018 The median sales price of single family homes in May increased 7% compared to the previous month, and the average sales price was up 3% from April. Average sales price over Jan-May was 15% higher compared to the average sale price over Jan-May 2017. List Price vs. Sale Price and Days on Market Properties Continue Reading
Big Bear Real Estate Market April 2018
Market Wide Summary Big Bear Real Estate market snapshot for the month of April 2018 The average sales price of single family homes in April remained virtually unchanged compared to the previous month, though the median sales price was down 7% from March. Median sales price over Jan-Apr was 14% higher compared to the median sale price over Jan-Apr 2017. List Price vs. Sale Price and Days on Continue Reading
Vacation Rental Management Costs
What expenses are associated with managing a vacation rental in Big Bear? A common question we get from our clients is, "What are the costs associated with owning, managing, and maintaining a vacation rental cabin in Big Bear?" This is an excellent question and is one that should be considered by every homebuyer shopping in the Big Bear real estate market. Costs can vary significantly based on Continue Reading
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