8 New Bank Owned REO Homes Avaialble in Big Bear 11/14/2009



As of this morning, we have 53 bank owned homes (REO’s) on the market, that’s only 7.14% of the 742 active listings. Please call or email if you want to purchase a bank owned home in Big Bear,
I will get you the best deal.
I can show you any home for sale in Big Bear.
Search the Big Bear MLS (Multiple Listing Service)
Search the Southern California MLS (Multiple Listing Service)
Steve Hirschler
Associate, The Tim Wood Group
Coldwell Banker Mountain Gallery
42153 Big Bear Blvd.
P.O. BOX 6820
Big Bear Lake, CA 92315
stevehirschler@gmail.com
909 866-3481 EXT. 217 CELL 909 725-5889
Fax 909 866-3531
11 Homes Sold this Week in Big Bear 11/1/09 – 11/7/09


Click Here to see the details for these homes
I can show you any home for sale in Big Bear.
Search the Big Bear MLS (Multiple Listing Service)
Search the Southern California MLS (Multiple Listing Service)
Steve Hirschler
Associate, The Tim Wood Group
Coldwell Banker Mountain Gallery
42153 Big Bear Blvd.
P.O. BOX 6820
Big Bear Lake, CA 92315
stevehirschler@gmail.com
909 866-3481 EXT. 217 CELL 909 725-5889
Fax 909 866-3531
San Bernardino County Average Sales Prices September 2008 vs 2009
| County/City/Area | Sept 2009 | Sept 2008 | Y-T-Y % Change |
| San Bernardino County | 150,000.00 | 205,000.00 | -26.8% |
| Adelanto | 80,000.00 | 131,000.00 | -38.9% |
| Apple Valley | 105,500.00 | 162,500.00 | -35.1% |
| Barstow | 55,000.00 | 106,250.00 | -48.2% |
| Big Bear City | 150,250.00 | 207,500.00 | -27.6% |
| Big Bear Lake | 305,500.00 | 272,500.00 | 12.1% |
| Bloomington | 140,000.00 | 185,000.00 | -24.3% |
| Chino | 300,000.00 | 341,250.00 | -12.1% |
| Chino Hills | 430,000.00 | 422,500.00 | 1.8% |
| Colton | 125,000.00 | 152,000.00 | -17.8% |
| Crestline | 140,000.00 | 147,000.00 | -4.8% |
| Fontana | 210,000.00 | 255,000.00 | -17.6% |
| Hesperia | 126,000.00 | 175,000.00 | -28.0% |
| Highland | 175,000.00 | 230,000.00 | -23.9% |
| Joshua Tree | 113,000.00 | 118,500.00 | -4.6% |
| Lake Arrowhead | 292,500.00 | 370,000.00 | -20.9% |
| Loma Linda | 263,000.00 | 359,000.00 | -26.7% |
| Montclair | 216,500.00 | 278,000.00 | -22.1% |
| Ontario | 190,000.00 | 240,000.00 | -20.8% |
| Rancho Cucamonga | 300,000.00 | 355,250.00 | -15.6% |
| Redlands | 220,750.00 | 310,000.00 | -28.8% |
| Rialto | 135,500.00 | 200,000.00 | -32.3% |
| San Bernardino | 75,000.00 | 125,000.00 | -40.0% |
| Twentynine Palms | 83,000.00 | 122,500.00 | -32.2% |
| Upland | 317,000.00 | 414,000.00 | -23.4% |
| Victorville | 120,000.00 | 160,000.00 | -25.0% |
| Yucaipa | 204,750.00 | 277,500.00 | -26.2% |
| Yucca Valley | 110,000.00 | 172,000.00 | -36.0% |
Average sales price indicates the price of homes that sold, not the price increase or decrease of individual homes.
It’s interesting to note that Big Bear Lake and Chino Hills were the only two locations that had an increase.
Real Estate is local!
NOD’s and Trustees Deeds Filed in California 2005 – 2009

By: Robert Kleinhenz, Deputy Chief Economist
The median price in California continued to increase in September, driven by lean inventory levels, while home sales remained on track with expectations for the month. The median price of a detached existing single family home was $296,090 in September, up 1.1 percent from the August median of $292,960, but down 7.3 percent from the September 2008 median price of $319,310. Barring a sudden decline in home values over the next few months, the statewide median price will register year-over-year gains by year end, although it will still be well below the mid-decade peak.
Sales in California hit 530,520 homes in September, up 0.6 percent from August sales of 527,120 homes, and up 2.1 percent from September 2008 sales of 519,530 homes. With sales expected to stay in the low- to mid-500,000 range through the rest of the year, annual sales for 2009 will finish about 20 percent higher than the 2008 annual sales figure of 439,830 homes.
Given recent price gains and sales levels, as well as lean inventory numbers that have averaged just over 4 months for the past 3 months, one should conclude that the California housing market is edging back toward its normal state. Indeed, these numbers are welcome developments for a housing market that was among the hardest hit in the country. But a look behind the topline numbers suggests that current conditions have resulted from a heavy dose of policy intervention and from efforts by lenders – who currently dominate the supply side of the market – to manage the flow of troubled mortgages and properties at all stages of the ‘foreclosure pipeline’ from delinquencies to REOs.
The number of defaults in California escalated rapidly in the last couple of years, with 111,700 defaults in the third quarter of this year and a record high of 135,400 defaults in the first quarter of 2009. Normally, the trend in foreclosures corresponds approximately to the trend in defaults with a one to two quarter lag so the number of foreclosures should be on the rise as well. Instead, the level of foreclosures has been steady at roughly 50,000 per quarter since the last quarter of 2008. This seems to be the result from the combination of policy intervention, including foreclosure moratoria last year and early this year as well as the federal loan modification program, and efforts by lenders to deal problem loans on a case-by-case basis. As a result, market supply has held steady at levels that have stabilized the median price at the state level and in most California markets. In a number of markets, there have been some modest price gains compared to earlier in the year.
With current government policies and lender practices in place, home prices in much of the state should hold steady, aside from normal seasonal fluctuations in prices between now and next spring. In the end, price stability is necessary for discretionary sellers, as opposed to distressed sellers, to return to the market and drive the supply side of the market to more normal conditions.
6 New Bank Owned REO Homes Avaiable in Big Bear 11/1/2009


As of this morning, we have 49 bank owned homes (REO’s) on the market, that’s only 6.51% of the 752 active listings. Please call or email if you want to purchase a bank owned home in Big Bear,
I will get you the best deal.
I can show you any home for sale in Big Bear.
Search the Big Bear MLS (Multiple Listing Service)
Search the Southern California MLS (Multiple Listing Service)
Steve Hirschler
Associate, The Tim Wood Group
Coldwell Banker Mountain Gallery
42153 Big Bear Blvd.
P.O. BOX 6820
Big Bear Lake, CA 92315
stevehirschler@gmail.com
909 866-3481 EXT. 217 CELL 909 725-5889
Fax 909 866-3531
77 Homes Sold in Big Bear, October 2009
| ML # | Price | Address | Area | Bd | Baths | SF Apx Ttl | Sold Price | Sold Date |
| 291407 | 2,495,000 | 220 N EAGLE | BLE | 3 | 2.5 | 2734 | 2,100,000 | 10/9/2009 |
| 281876 | 1,575,000 | 38860 WATERVIEW DRIVE | BLW | 3 | 3 | 2567 | 1,325,000 | 10/2/2009 |
| 291793 | 1,495,000 | 38998 WATERVIEW DRIVE | BLW | 4 | 3.5 | 2476 | 1,495,000 | 10/1/2009 |
| 282018 | 1,475,000 | 354 GIBRALTER ROAD | BLC | 4 | 3 | 3125 | 1,325,000 | 10/19/2009 |
| 291620 | 1,279,900 | 39597 LAKE DRIVE | BLC | 3 | 3 | 3698 | 1,215,000 | 10/14/2009 |
| 291286 | 549,900 | 39269 WATERVIEW | BLW | 3 | 2 | 1954 | 530,000 | 10/14/2009 |
| 291777 | 539,000 | 1691 ANGELS CAMP ROAD | MOON | 3 | 2 | 1600 | 504,500 | 10/1/2009 |
| 282724 | 530,000 | 42763 TIMBERLINE TRAIL | FOXF | 3 | 2.5 | 2232 | 510,000 | 10/2/2009 |
| 291045 | 527,800 | 749 CAMERON | BLC | 4 | 4 | 3060 | 517,000 | 10/20/2009 |
| 291844 | 520,000 | 437 FALLEN LEAF | FOXF | 3 | 2 | 1936 | 490,000 | 10/9/2009 |
| 291284 | 519,000 | 1296 BALDWIN RANCH ROAD | BALD | 4 | 3.5 | 2702 | 475,000 | 10/27/2009 |
| 291316 | 499,900 | 330 DOVER LANE | BLC | 4 | 2.5 | 2482 | 447,500 | 10/27/2009 |
| 281723 | 479,000 | 43620 COLUSA DRIVE | MOON | 3 | 2 | 1806 | 409,500 | 10/16/2009 |
| 282545 | 449,900 | 730 MCALISTER ROAD | FOXF | 1 | 1 | 960 | 395,000 | 10/23/2009 |
| 282199 | 425,000 | 1404 KLAMATH RD. | MOON | 3 | 2 | 1574 | 400,000 | 10/8/2009 |
| 291164 | 410,000 | 39064 BAYVIEW | BLW | 3 | 2.5 | 1554 | 400,000 | 10/1/2009 |
| 281569 | 399,500 | 1112 CEDAR MOUNTAIN ROAD | WHIS | 3 | 3 | 2390 | 360,000 | 10/29/2009 |
| 290989 | 379,900 | 575 BRECKENRIDGE | BLE | 3 | 1.75 | 1588 | 365,000 | 10/2/2009 |
| 291537 | 360,000 | 546 E FAIRWAY BLVD | BBC | 3 | 2 | 2032 | 350,000 | 10/23/2009 |
| 290470 | 350,000 | 536 FAIRWAY | BBC | 4 | 3 | 2207 | 350,000 | 10/15/2009 |
| 291771 | 349,900 | 203 EAGLE DRIVE | BLE | 2 | 1.75 | 1400 | 360,500 | 10/16/2009 |
| 271147 | 349,000 | 571 PINEWOOD DRIVE | BBC | 3 | 2.5 | 2062 | 330,000 | 10/8/2009 |
| 290248 | 335,000 | 805 RAYO LANE | BLW | 3 | 2 | 1244 | 326,000 | 10/1/2009 |
| 282380 | 333,000 | 105 N FINCH DR. | BLE | 3 | 2.5 | 1730 | 325,000 | 10/30/2009 |
| 290846 | 329,900 | 879 WALDSTRASSE WAY | FOXF | 3 | 2 | 1704 | 300,000 | 10/20/2009 |
| 291084 | 325,000 | 530 E ANGELES BLVD | BBC | 3 | 2 | 1764 | 312,000 | 10/7/2009 |
| 291843 | 319,900 | 42871 WILLOW AVENUE | MOON | 3 | 2 | 1240 | 319,900 | 10/9/2009 |
| 290979 | 319,000 | 963 ANTELOPE MOUNTAIN | WHIS | 4 | 3 | 1700 | 300,000 | 10/15/2009 |
| 282536 | 299,900 | 39815 LAKEVIEW DRIVE | BLC | 3 | 1 | 1800 | 285,000 | 10/22/2009 |
| 291939 | 299,900 | 1395 LA CRESCENTA | MOON | 3 | 2.75 | 1700 | 290,000 | 10/9/2009 |
| 291763 | 293,500 | 42631 ALTA VISTA | MOON | 4 | 2.5 | 2417 | 280,000 | 10/26/2009 |
| 292012 | 284,900 | 1325 LA CRESCENTA | MOON | 2 | 2 | 1000 | 285,000 | 10/23/2009 |
| 291823 | 275,000 | 1094 MOUNT WHITNEY | WHIS | 4 | 2 | 2500 | 275,000 | 10/26/2009 |
| 291920 | 269,900 | 42437 TIOGA | FOXF | 3 | 2 | 1287 | 255,000 | 10/2/2009 |
| 281971 | 269,000 | 43051 ENCINO RD. | MOON | 3 | 1.5 | 1248 | 250,000 | 10/14/2009 |
| 290520 | 269,000 | 1010 ANTELOPE MOUNTAIN | WHIS | 4 | 4 | 1659 | 260,000 | 10/20/2009 |
| 291646 | 239,900 | 1109 GREENWAY | BBC | 3 | 1.75 | 1378 | 231,374 | 10/2/2009 |
| 290573 | 222,222 | 1337 SHAY RD. | BBC | 2 | 2 | 1144 | 195,000 | 10/28/2009 |
| 291400 | 220,000 | 1224 CLUBVIEW DR. | MOON | 3 | 1.75 | 1800 | 250,000 | 10/27/2009 |
| 290900 | 215,000 | 1151 CANYON ROAD | FAWN | 2 | 1 | 754 | 185,000 | 10/23/2009 |
| 282789 | 215,000 | 1171 ALTA VISTA | MOON | 2 | 1.5 | 1088 | 208,000 | 10/28/2009 |
| 291570 | 209,880 | 1117 HEMLOCK | ERWL | 3 | 3 | 1724 | 209,880 | 10/13/2009 |
| 282053 | 209,000 | 796 SILVERTIP | MOON | 2 | 1 | 978 | 205,000 | 10/29/2009 |
| 292071 | 192,900 | 39233 WILLOW LANDING | BLW | 3 | 2 | 1384 | 223,000 | 10/14/2009 |
| 291665 | 189,000 | 314 W AEROPLANE BLVD. | BBC | 3 | 1.75 | 1311 | 180,000 | 10/23/2009 |
| 291022 | 189,000 | 39170 ARAPAHOE | FAWN | 2 | 1 | 760 | 184,000 | 10/26/2009 |
| 290927 | 179,900 | 1088 MT DOBLE DR | BBC | 3 | 2 | 1456 | 175,000 | 10/21/2009 |
| 280517 | 179,000 | 675 DAISY | BLC | 2 | 2 | 900 | 151,000 | 10/7/2009 |
| 291979 | 179,000 | 1002 MINTON | MOON | 2 | 1 | 714 | 179,000 | 10/16/2009 |
| 290541 | 174,900 | 46219 SELENIUM LANE | BALD | 4 | 2.75 | 1719 | 126,000 | 10/14/2009 |
| 292027 | 169,900 | 43459 SHEEPHORN RD | MOON | 2 | 1 | 912 | 165,500 | 10/15/2009 |
| 290144 | 169,900 | 462 MORENO LANE | SUGA | 2 | 1.75 | 1260 | 150,000 | 10/9/2009 |
| 282363 | 164,900 | 46807 SKYVIEW DRIVE | LWIL | 3 | 2 | 2198 | 164,000 | 10/20/2009 |
| 291317 | 150,000 | 332 DOVER LANE | BLC | 1 | 1 | 764 | 100,000 | 10/27/2009 |
| 291572 | 145,000 | 732 BARRETT | BBC | 3 | 1.5 | 1260 | 135,000 | 10/19/2009 |
| 291395 | 137,500 | 480 SUNSET | SUGA | 3 | 1 | 1178 | 135,000 | 10/9/2009 |
| 291550 | 136,000 | 42619 CEDAR | MOON | 1 | 1 | 675 | 136,000 | 10/13/2009 |
| 290995 | 134,000 | 42636 LA PLACIDA | MOON | 2 | 1 | 608 | 137,000 | 10/28/2009 |
| 282662 | 130,000 | 139 E AEROPLANE | BBC | 2 | 1 | 888 | 130,000 | 10/2/2009 |
| 291393 | 129,000 | 420 W MOJAVE BLVD. | BBC | 3 | 1.75 | 1220 | 122,000 | 10/14/2009 |
| 291755 | 125,000 | 1030 WOODLAND | ERWL | 2 | 2 | 1100 | 121,000 | 10/6/2009 |
| 291471 | 117,000 | 316 E ANGELES | BBC | 3 | 1 | 1059 | 130,100 | 10/9/2009 |
| 291628 | 106,750 | 431 JEFFRIES RD. | BLC | 4 | 2 | 1267 | 106,800 | 10/15/2009 |
| 291419 | 99,000 | 1032 ROBINHOOD | BBC | 3 | 1 | 882 | 75,000 | 10/1/2009 |
| 290167 | 99,000 | 825 SAN BERNARDINO | SUGA | 2 | 1 | 608 | 90,000 | 10/2/2009 |
| 291940 | 94,900 | 234 HIGHLAND | SUGA | 2 | 1 | 735 | 93,500 | 10/16/2009 |
| 291573 | 91,500 | 45421 3RD ST | BALD | 3 | 2 | 1599 | 88,500 | 10/21/2009 |
| 282434 | 89,999 | 211 MAPLE LANE | SUGA | 1 | 1 | 480 | 87,500 | 10/21/2009 |
| 281352 | 89,000 | 541 WABASH | SUGA | 1 | 1 | 600 | 85,000 | 10/16/2009 |
| 291132 | 86,000 | 1024 GREENWAY DRIVE | BBC | 2 | 1 | 952 | 86,000 | 10/1/2009 |
| 292125 | 79,200 | 921 W RAINBOW | BBC | 2 | 1 | 840 | 79,200 | 10/22/2009 |
| 292102 | 79,000 | 2158 7TH | ERWL | 2 | 1 | 800 | 79,000 | 10/22/2009 |
| 291244 | 69,300 | 854 NORWOOD LANE | ERWL | 2 | 1.75 | 722 | 65,000 | 10/21/2009 |
| 292066 | 64,900 | 2061 9TH | ERWL | 2 | 1 | 720 | 64,900 | 10/16/2009 |
| 291487 | 60,000 | 572 PINE LANE | SUGA | 1 | 1 | 432 | 55,000 | 10/14/2009 |
| 291219 | 54,000 | 2189 STATE | ERWL | 2 | 1 | 576 | 54,000 | 10/2/2009 |
| 291902 | 44,900 | 2154 FIRST LANE | ERWL | 2 | 1 | 704 | 55,500 | 10/13/2009 |

- 25 of these homes were bank owned = 32.46%
- 45 of these homes were sold by tradtional sellers =58.44%
- 7 of these homes were short sales = 9.09%
- This is the same number of closings posted in the Big Bear MLS for October 2008 (77)
Click here to see the details of these homes
Steve Hirschler
DRE#01703081
Associate, The Tim Wood Group
Coldwell Banker
42153 Big Bear Blvd.
P.O. BOX 6820
Big Bear Lake, CA 92315
909 866-3481 EXT. 217 CELL 909 725-5889
Fax 909 866-3531
www.bigbearhomes.wordpress.com (blog)
www.stevesellsbigbear.com (website)
www.activerain.com/blogs/slhoo7\ (blog)
www.thetimwoodgroup.com (group website)
http://twitter.com/stevehirschler (follow me)
Market Condition Report for the Big Bear Area October 2009

I can show you any home for sale in Big Bear.
Search the Big Bear MLS (Multiple Listing Service)
Search the Southern California MLS (Multiple Listing Service)
Steve Hirschler
Associate, The Tim Wood Group
Coldwell Banker Mountain Gallery
42153 Big Bear Blvd.
P.O. BOX 6820
Big Bear Lake, CA 92315
stevehirschler@gmail.com
909 866-3481 EXT. 217 CELL 909 725-5889
Fax 909 866-3531
http://www.stevesellsbigbear.com
Subscribe to “Ask an Expert, Big Bear Real Estate Blog”
*report provided by “Chicago Title”
Does your Big Bear Real Estate agent tell you what you want to hear, or the truth?
Listening to a Real Estate agent that has their interests in front of yours can be a big mistake. I must admit that I have a problem, I am often Brutally Honest. Being honest is not the problem, but I know I could improve on the way I deliver the message.
I don’t do the sugar-coating thing well. I tend to tell it like it is and live with the consequences. I won’t tell you what you want to hear, unless I believe it to be the truth. It really makes things easy to remember.
When you work with me, you might hear more than you want to hear about the house. I might get in the way sometimes as if I were buying the house myself. Sometimes I will want repairs made that the buyer doesn’t seem to care about or is not aware of. That’s just how I am.

If I am representing you as a buyer, I might tell you all of the things that the seller would rather have you overlook. I will more than likely be at the home inspection and in addition to thoroughly looking at the items that the home inspector discovers, I might ask him to look at things that he didn’t discover or mention. I will also let you know as a buyer that repairs done by sellers are often done with the cheapest materials and least expensive labor that the seller can find. This doesn’t always equate to the best results, so I will often recommend that we get a bid from someone who knows how to do the repair correctly, at a fair price. I might tell you that the house you like is over priced, or not the best value. Isn’t that the type of honesty you deserve?
If I am your listing agent I will tell you the recommended list price based on market conditions, not your needs or debt. That’s not to say I am not flexible at all or sympathetic to your financial situation, but I will give you the real price, even if you don’t like it. I will recommend the work needed to get the home sold and lead you through the selling process. I will work with you on improvements that need to be made by providing contractors and handyman that will perform their jobs as professionals. I will be available to return your calls timely and with real answers. Don’t be surprised if I tell you your home is worth less than some other agents will tell you. I won’t give you a price that is 20% above what I believe is the real value just to get your signature on the listing agreement. I might offer to show you the other homes that a buyer will look at in your price range to show you the reason your home needs to be priced correctly.
After all, what sign do you want to have hung in front of your home in 90 days?

or

If your agent of choice is unable to put your interests first, you need to find one that will.
Click here to read my recommendations for buyer’s and seller’s that I have represented in the past.
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