Big Bear Real Estate Market Stats for the month of May 2020 Market Wide Summary As restrictions eased and things started opening up, we have seen a significant increase in Big Bear real estate market activity in May. The number of total sales of single family homes in Big Bear was up about 11% compared to the prior month. There were 116% more new listings than what came on the market in Continue Reading
July 4th Fireworks in Big Bear
Following is an excerpt from a press release from Big Bear Lake City Manager, Frank Rush, June 2, 2020. For the most recent COVID-19 info from the City of Big Bear Lake, click here. July 4 Fireworks Decision Expected Later in June The City and Visit Big Bear have partnered this year to produce the annual July 4 fireworks show, and we look forward to continuing this great annual Continue Reading
Big Bear Real Estate Market April 2020
Big Bear Real Estate Market Stats for the month of April 2020 Market Wide Summary Navigating the COVID-19 situation, April 2020 proved to be an interesting month for the Big Bear real estate market. Perhaps not surprisingly, notable data points include the relatively sharp decrease in the number of sales and also in new listings coming on the market compared to the prior month. Sales Continue Reading
COVID-19 Situation in Big Bear
Following are excerpts from press releases from Big Bear Lake City Manager, Frank Rush, May 2-4, 2020. For the most recent COVID-19 info from the City of Big Bear Lake, click here. The City of Big Bear Lake seeks responsible reopening Earlier today, Governor Newsom indicated he expects to loosen some restrictions for low-risk retail establishments, including bookstores, music stores, toy Continue Reading
Big Bear Real Estate Market March 2020
Big Bear Real Estate Market Stats for the month of March 2020 Market Wide Summary The average sales price of single family homes in Big Bear in March decreased by 15% compared to the previous month, though the median sales price was up 8%. Average sales price over Jan-Mar was 6% higher and median sales price was up 5% compared to the first quarter of 2019. List Price vs. Sale Price and Continue Reading
Business as (un)Usual in Big Bear During COVID-19
While we are all doing our part to beat COVID-19, and we will, we also want you to know that the BigBearRealEstate.com team is here for you in Big Bear! For instance, if you own a cabin in Big Bear, and have not been able to visit for awhile, reach out to us and we'll go check on it for you. If you are wondering what is going on in Big Bear, in the real estate market or otherwise, reach out to Continue Reading
Big Bear Real Estate Market February 2020
Big Bear Real Estate Market Stats for the month of February 2020 Market Wide Summary The average sales price of single family homes in Big Bear in February increased by 13% compared to the previous month, and the median sales price was up 5%. Average sales price over Jan-Feb was 12% higher and median sales price was up 4% compared to the first 2 months of 2019. List Price vs. Sale Price Continue Reading
Closing Costs Cleared Up
What can I expect to pay in closing costs when buying a cabin in Big Bear? Buyers' closing costs can make up anywhere from 2-5% of the home's purchase price. Buyers should know what they should budget for the costs involved in closing a real estate transaction. See below the helpful infographic produced by the California Association of Realtors with data derived from the National Association Continue Reading
Big Bear Real Estate Market January 2020
Big Bear Real Estate Market Stats for the month of January 2020 Market Wide Summary The average sales price of single family homes in Big Bear in January was 13% higher than that of the previous month and the median sales price stayed virtually flat. Average sale price was about 8% higher in January compared to the average sale price over all of 2019. List Price vs. Continue Reading
How to Assess a Return on a Big Bear Vacation Investment Property
4 Ways to Assess a Return on a Big Bear Vacation Investment Property 1. Hire a Big Bear Real Estate professional who can properly analyze a revenue return on a property. You need an agent who knows her stuff about how a Big Bear vacation rental investment property will perform. If your agent is simply agreeing with everything you say you want in a revenue return on your investment, that is a Continue Reading
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