Market Wide Summary Big Bear Real Estate market snapshot for the month of March 2016 The median sales price of single family homes in March decreased by 6% compared to the previous month, average sales price was down 2% from February, though was 2% higher compared to the average sale price over the first quarter of 2015. List Price vs. Sale Price and Days on Market Properties Continue Reading
Big Bear Resort Market Investing
Focus on Resort Market Real Estate Investing in Big Bear When looking to invest in a resort market, you want to make sure that you set yourself up for success. This investment niche is different than most, so preparing your mindset and setting expectations is paramount. Making your resort market investment dream come true is absolutely doable, but it can become a nightmare if you purchase a Continue Reading
Big Bear Real Estate Market February 2016
Market Wide Summary Big Bear Real Estate market snapshot for the month of February 2016 The median sales price of single family homes in February increased by 3% compared to the previous month, though average sales price was down 4% from January, and was 4% higher compared to the average sale price over the first 2 months of 2015. List Price vs. Sale Price and Days on Continue Reading
Pre-Listing Appraisals A Good Idea in Big Bear
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
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