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Market Conditions – New Home Down Payments
With the housing bubble burst, the real estate market has returned to a “back to basics” mentality. The days of creative financing and piggyback loans are over. The credit bar has been raised and...
View ArticleBig Bear Sellers, Time is Not on Your Side.
Click here for video link. Back in the “crazy” Big Bear real estate years of 2000 thru 2007, the longer a home was on the market, the more a seller could get for it. The prices were going up every...
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Interest Rates May Have Bottomed Out
The Big Bear real estate market has been picking up steam lately thanks to the correction in home prices and historic low interest rates. And while many potential home buyers have been waiting on the...
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Sales Up & Inventory Down for Big Bear Real Estate Market
That’s the current Big Bear real estate in a nutshell. Here’s a good chart for the Sugarloaf area that parallels the other Big Bear neighborhoods. If this holds steady, get ready to see prices slowly...
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Big Bear Real Estate and Mortgage Rates
Looking to purchase a home in Big Bear, CA? Obtaining the best mortgage rates can be daunting, especially since the lender requirements have changed over the past few years. There are fewer lenders...
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Big Bear Real Estate News
In our digital economy, international, national and local economies affect our marketplace. As we keep our eye on China, the Euro, the unemployment rate and other leading indicators, the news seems to...
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Is the Big Bear Real Estate Market Cooling Off?
It appears that the real estate market in Big Bear is cooling off quite a bit. 2014 was the slowest year for unit sales over the last 10 years. Take a look at the chart & notes below for some...
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Big Bear Real Estate Market off to solid start in 2020!
Residential sales in Big Bear were up 9% year over year during the first quarter of 2020, while the average sales price was up 6% as per the Big Bear MLS. There were 270 residential sales from January...
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The COVID-19 Effect – April 2020 Real Estate Sales Down 57% in Big Bear.
Well, we knew it would have an impact, and that impact is showing up in the home sales numbers. Residential sales were down 57% in April 2020 compared to the same month in 2019. Per the Big Bear MLS,...
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A Look into Big Bear’s Market Trends, 2019-Today
With the slowing of COVID, we have had numerous requests for a market update comparing the real estate frenzy of the past few years with today’s more normalized market. Simply put, the markets of 2020...
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