Should I get an appraisal of my Big Bear cabin before listing it for sale? By Rick Hackney, Hackney Appraisal Service If you’re working with a Realtor to list your property, most likely they will provide you with a CMA (comparative market analysis) that identifies recent comparable closed sales, properties in escrow, current listings and expired listings. This is an important step in getting Continue Reading
Big Bear Real Estate Market January 2016
Market Wide Summary Big Bear Real Estate market snapshot for the month of January 2016 The median sales price of single family homes in January decreased by 1% compared to the previous month, though average sales price was up 4% from December, and was 9% higher compared to the average sale price over all of 2015. List Price vs. Sale Price and Days on Market Properties sold Continue Reading
How To Get A Hot Deal In Big Bear
Every investment-minded buyer wants to get a good deal when purchasing real estate. There is no magic bullet for finding and buying sound real estate investments in Big Bear, but you can succeed if you know how. The bottom line is, you must be willing to actively participate in the process on several different levels. 7 Things You Must Know To Get A Hot Deal In Big Bear 1. Trust your Continue Reading
Big Bear Real Estate Market 2015
Big Bear Real Estate Market Wide Summary - 2015 The Big Bear Real Estate market had significant growth in 2015. The median sales price of single family homes increased by 11% compared to 2014. Average price per square foot increased 5%. List Price vs. Sale Price and Days on Market Properties sold in 2015 went for 97% of the asking price after 110 days on market on average, Continue Reading
Vacation Rental Owners Rights
Private Home Rentals In Big Bear Owning a second home in a resort market like Big Bear offers numerous benefits. Many people who decide to purchase a cabin in Big Bear do so because of the income-generating potential of renting it out as a vacation rental. Vacation rental properties can yield significant returns, financially and otherwise. A significant number of private homes in Big Continue Reading
Market Snapshot – November 2015
Market Wide Summary Big Bear Real Estate market snapshot for the month of November 2015 The median sales price of single family homes in November decreased by 9% compared to the previous month, and is 11% higher year-to-date than where it was January-November of last year. Average sales price was down 3% from last month, and was 4% higher YTD compared to January-November Continue Reading
Big Bear Heats Up This Winter
Big Bear Heats Up As Temperatures Drop Big Bear is abuzz. Every year, there is always excitement about winter's arrival in our beloved mountain resort... but this year it's different. Things are happening. El Niño - Winter Storms Winter is here. The weather predictions are becoming reality. Weather forecasters have been predicting an El Niño that will bring Continue Reading
Market Snapshot – October 2015
Market Wide Summary Big Bear Real Estate market snapshot for the month of October 2015 The median sales price of single family homes in October decreased by 6% compared to the previous month, and is 11% year-to-date above where it was January-October of last year. Average sales price was down 5% from last month, and was 5% higher YTD compared to January-October 2014. List Price Continue Reading
Luxury Vacation Rental Investment
5 Considerations For The Luxury Vacation Home Investor Luxury vacation homeowners often have mixed feelings about placing their fine homes on a vacation rental program, especially when a revenue return was not necessarily a requirement for making the investment. There is a significant demand for high-end vacation rental properties in the Big Bear market. Renting out a luxury vacation Continue Reading
Market Snapshot – September 2015
Market Wide Summary Big Bear Real Estate market snapshot for the month of September 2015 The median sales price of single family homes in September increased by 12% compared to the previous month, and was 10% year-to-date above where it was January-September of last year. Average sales price was up 14% from last month, and was 5% higher YTD compared to what it was Continue Reading
