Big Bear Real Estate Market Analysis and Research

Spring has officially sprung and tax time is thankfully behind us for another year. The weather here in Big Bear has been outstanding and, having tested it myself yesterday, I am happy to report that, although still chilly, the lake is indeed ready to enjoy. Thanks for checking in with us on the Big Bear real estate market. Let’s get right to it and see how the first quarter of 2013 shaped up and what that indicates as we head into the summer selling season. Current Market Dynamics The tren... Read Full Post

Hello from Big Bear and thanks for checking in with us for the latest in the Big Bear real estate market. 2013 is off to an amazing start. Let’s run through the numbers to see what has been happening: February 2013 saw 75 closed residential sales, up 9% from February 2012. Year to date, compared to last year, we are up a substantial 25% in number of homes sold. Sales in the hot “under $250K” price range were relatively flat last month (52 in February 2013 vs. 50 in 2012). However, in th... Read Full Post

Thanks for checking in with us regarding the Big Bear real estate market. Winter is in full swing here in Big Bear with lots of snow on the ground and lots of fun to be had on the slopes. With the New Year recently underway, it is a good time to get caught up on what has transpired in our market in 2012 and what the prevalent trends tell us to expect in the year to come. Dramatic Increase in Properties Sold For the Big Bear real estate market, 2012 was a very encouraging year. Compared to 201... Read Full Post

The first snow of the season has finally arrived and as the snow falls, Big Bear home sales continue to rise. Let’s get caught up on the happenings in the Big Bear real estate market shall we? The number of residential homes sold in November 2012 increased 18% from a year earlier and the number of closings (107) was the highest level of any November in six years. In fact November marked the tenth straight month that year-over-year homes sales increased in Big Bear. Year-to-date, compared to... Read Full Post

Cooler temperatures and colorful trees are plentiful here in Big Bear. There is no mistaking that summer has passed and the big question now is, when will the first snow arrive? (My guess is prior to Thanksgiving.) Thanks for checking in on the Big Bear real estate market with us. There is a lot to get caught up on so let’s jump right in. What an amazing 3rd quarter for sales we have seen. You would have to go back 7 years to 2005 to find a 3rd quarter with more residential closings than 20... Read Full Post

Thanks for checking in with me on the Big Bear real estate market. It is hard to believe that the first half of the year has already come and gone, but what an amazing ride it has been. There is so much to catch up on, so let’s dive right in. Over the past few months, there has been quite a lot of positive news regarding new strength in real estate markets both nationally and statewide, as well as in Southern California. That said, it is important to realize that real estate is, in fact, a ... Read Full Post

Reading today about the truly incredible interest rates currently available encouraged me to spread the word here. Interest rates have been so low, for so long now, that seeing news about low rates might prompt a “great, but what is new” response. However, rates now are so incredibly low for qualified buyers that it certainly warrants attention. Today’s Freddie Mac Survey of Lenders found that the 30-year fixed home loan rate is currently averaging 3.75% and that the 15-year fixed is at... Read Full Post

A snowy day in Spring makes it a good time to catch up on the Big Bear real estate market. Quarter one is done – Let’s see how the Big Bear real estate market faired: 2012 has gotten off to quite an impressive start. Seasonally in Big Bear, most of the transactions done in any particular year occur in summer and fall and as such, the first quarter in Big Bear doesn’t necessarily define how the year will turn out. That said, this established momentum should not be ignored as it will cert... Read Full Post

Hello from Big Bear! Thanks for checking in with me on the Big Bear real estate market. No one was skiing in shorts on St. Patrick’s Day this year. Over two feet of new snow has fallen in the last few days, extending the winter ski season into spring. All this new snow doesn’t make it easy for potential buyers to come up and look for homes to buy, but, so far this year, we are seeing an increase in activity across the board as compared to 2011. There are currently 549 active residential h... Read Full Post

Last year was another white knuckle ride for those looking to buy or sell real estate in Big Bear. 2011 was indeed an interesting year for Big Bear real estate. I heard our market described as a manic depressive’s paradise and, although that might be a slight exaggeration, it was indeed hard to pin down the momentum and direction of the market as it seemed to oscillate from, "yes, the sky is actually falling" to "let’s buy some land and start building spec homes again." I did observe much... Read Full Post