This post is part 1 in a series of entries entitled "Things To Do In Big Bear". Big Bear is a wonderful 4-season alpine resort and there are so many ways to enjoy the splendor of this special mountain oasis. Since it is now officially summer, we will focus on the things to do in Big Bear on the lake! Things To Do In Big Bear - On The Lake 1. See the spectacular 4th of July Fireworks Continue Reading
Market Snapshot – May 2015
Market Wide Summary Big Bear Real Estate market snapshot for the month of May 2015 The median sales price of single family homes in May increased by 4% compared to the previous month, and is just 1% below where it was in May of last year. Average sales price is up 14% from last month, though is down 7% compared to May 2014. List Price vs. Sale Price and Days on Continue Reading
What Is A 1031 Exchange?
The tax-deferred exchange Section 1031 is a section of the Internal Revenue Code that allows investors the option of swapping one investment property for another with little or no tax due at the time of the exchange. An investor can essentially change the form of his or her investment without "cashing out" or realizing a taxable capital gain. Exchanges not only protect investors from capital gain Continue Reading
New Map-Based Big Bear MLS Search
Intuitive, feature rich map-based interface We are excited to announce that BigBearRealEstate.com now offers a new and improved map-based property listing search tool. Search all MLS listings currently for sale using the best Big Bear MLS search solution available today. Instant listing results combined with Google Maps make the map interface easy for buyers to zoom and pan to areas of Continue Reading
Market Snapshot – April 2015
Market Wide Summary Property values continue to rise year over year in the Big Bear area. The median sales price of single family homes in April decreased by 18% compared to the previous month, though is 9% higher than it was in April of last year. Average sales price is up 2% from April 2014. List Price vs. Sale Price and Days on Market Properties Continue Reading
Top 10 Home Projects To Recoup Costs At Resale
Which home improvement projects offer the most return on investment? To maximize the resale value of a home, homeowners should consider doing improvement projects that will give the most bang for the buck. The cost of the improvement should be compared with the value it is likely bring when the home is resold. The infographic below, provided by the California Association of Continue Reading
Market Snapshot – March 2015
Home Prices By Quarter The graph below shows average and median home prices in each quarter since Q1 2010. We can see that home prices have risen fairly steadily over the last couple of years. It is also interesting to note that the median home price has increased more in the first quarter of 2015 than in any other quarter over the last 5 years. Market Wide Summary The Continue Reading
Spring in Big Bear
The daffodils are in bloom, the birds are singing, and the fresh mountain air is invigorating. Though winter chill may linger in the early spring days, spring is a wonderful time to enjoy the good life in our mountain oasis. Here are three cool things that this season brings. 1. Big Bear Lake is Open It's time to get out on the lake! On April 1st, the Big Bear Lake Continue Reading
Who Will Manage Your Vacation Rental Investment?
Vacation Rental Management If and when you decide to put your Big Bear investment property on the vacation rental market, you will need to decide how it will be managed. Managing your property by yourself can be overwhelming and sometimes unfeasible, especially when you live hours away. Many investors opt to enroll their properties in rental programs offered by a vacation rental management Continue Reading
Market Snapshot – February 2015
Market Wide Summary There is a continuing trend of rising property values in the Big Bear area, though we did see a slight dip in average and median sold prices from the prior month. The median sales price of single family homes in February decreased by 16% compared to the previous month and is even with where it was in February of last year. Average sales price is up Continue Reading