If your going fishing in the Big Bear Lake housing market, you’ll want to have the best bait.
The current Big Bear housing market is tough on sellers. If you are thinking about fishing for a buyer in Big Bear, but aren’t willing to have the best bait, you might as well watch the beautiful Big Bear sunset. Houses in Big Bear will need to be priced at or below market value to be shown. Big Bear homes that are selling are either the very best home, or the very best deal. If you’re fishing for a buyer in Big Bear you will need to hire the best guide (Realtor) available. If you are a seller and you don’t have the very best house, you had better price your home to be the best deal or you’re wasting your time. If you want to wait and see, I can tell you what you will see. You will see the true value of your home decrease and if you do sell, you will get less than you wanted. Most sellers that have sold recently in Big Bear have not been thrilled with the price that they got. Even after you price your home to be the best value, you will more than likely see offers that are 10% or more below your asking price. These are serious buyers, but they want a deal. If you get one of these elusive buyers in the boat,handle them with care as they are very slippery.
If your’re fishing for a deal on Big Bear Real Estate, you have arrived at the peak of the season. The lake has just been planted with some big lunkers. There are some great deals to be made. Most sellers are motivated and if you are going to go on a fishing trip this spring, get a guide (Realtor) that knows where the hot fishing holes are. Make sure your guide knows about all of the different varieties of fish that the lake has. When you find the perfect fishing hole, be sure to chum the water with a large good faith deposit and a prequalification letter from your lender. This will net you the best fish with the least amount of bait.
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”
Previously posted on the “Big Bear Real Estate Blog” active rain
Residential Sales Big Bear MLS January 2009
These are the Closed / Sold Residential Properties for the month of January in the Big Bear Area MLS. As you can see the price range was substantial. Only five of the thirty nine sold were priced over $500,000. Average price differential (list vs. sold) is at 95.02% valley wide. Below is the break down for the different areas of Big Bear.
Big Bear City
Big Bear Lake
Erwin Lake and Meadowbrook
Fawnskin
Fox Farm
Moonridge
Sugarloaf
Whispering Forest
With 10 of the 39 (25%) of the closings happening in the Moonridge Area of Big Bear, I would say that the buyers are voting with their dollars.
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”
There are plenty of bank owned properties available, let’s not fight over them.
Don't Fight, We Have Plenty!
If you are looking for a bank owned property in Big Bear, your in luck. We currently have 63 active bank owned listings to choose from. There are new bank owned properties coming on the market daily. The best deals are selling in less than 30 days and for near list price, sometimes over list price. Bring your checkbook and make a trip up to Big Bear. The interest rates are low and opportunities are abundant.
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
Do You Want the Best Deal, or the Best House?
That is a question that I ask many buyers. Many buyer’s think that the market is so slow that they don’t need to move quickly. They feel like the longer they wait, the better the deals will be. True, the very best deal could come along at anytime, and that is why I love Real Estate. The perfect house could come on the market and someone will buy it. More than likely though if the deal (price) is best, the house will not be so good. Rarely, and I don’t mean occasionally, a great house will sell for under value. More often, the best homes sell for the highest prices.
What makes them the best? In Big Bear, location is most important. As you know if you have talked to me or read my blog, Moonridge is one of my favorites.Most buyers want to feel like they are in the mountains. They want seclusion and quiet. Secondly, the home needs to feel like a cabin. Homes with a tract home feel and few windows will need to be priced well below those that have woodsy accents and large windows with views of nature. Buyer’s want space and trees, they don’t want to be looking out the windows at the neighbors house. Homes with large wood burning fireplaces, great rooms for families and forest views always seem to sell in shorter days, for more money.
Moonridge Cabin
So, do you want one of the best homes? If so be prepared to act quickly and don’t expect to buy it for the price of the wrong home in the wrong location.
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
Sell your home now, or don’t.
The market is moving quickly. You can’t wait and see what will happen. Your delay of the inevitable will cost you. Time is not on your side.Sell now, or don’t.
Don’t think it will get better. Don’t think that a buyer will fall in love with your house and pay more. It will not happen. Sell now, or don’t.
Prices are still moving down and buyers are thinking about every dollar. The price six months from now is what they want to pay. They want to insulate themselves from the downturn. Sell now, or don’t.
Six months from now their will be more foreclosures and distressed properties on the market. You will then be faced with the nightmare off recalling the price you were offered six months ago, that hurts more than taking the offer you have now. Sell now, or don’t.
Maybe this post should have been titled…
Don’t Sell Now.
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”
Moonridge Minute December 2008
Moonridge Area of Big Bear Lake market information. If you would like to discuss market trends and information about Big Bear Real Estate, please fill free to give me a call.
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 the Big Bear Real Estate Blog
Yes, I do know the market better than Zillow.
Two examples of this currently are:
43046 Sunset Drive, Moonridge
Zillow Zestimate $232,000
In escrow at $176,000
801 Barker, Big Bear City
Zillow Zestimate $147,500
In escrow at $98,100
This represents a 38.4% inaccuracy from Zillow. You might as well get a dart board and start throwing.
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
Big Bear Real Estate, it’s not the same market as the neighborhood you live in.
Close to 70% of the transactions in Big Bear MLS are still coming from traditional Real Estate transactions with a typical buyer and seller situation. Currently we have 931 residential properties available in the Big Bear MLS, and 68 of these are flagged as bank owned (7.30%). The Big Bear MLS has 100 pending sales and 52 of these are flagged as bank owned (52%). Month to date (January 1 – 23, 2009) we have had only 28 closings, with 9 of those being bank owned (32.1%).
*These numbers do not include the listings that are not in the Big Bear MLS, so it would be fair to say that there are more bank owned properties on the market and more sales occurring that are not shown here.
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
Moonridge Minute, Big Bear Real Estate Market for December 2008
Moonridge Minute December 2008 Video
Moonridge Area of Big Bear Lake market information. If you would like to discuss market trends and information about Big Bear Real Estate, please fill free to give me a call.
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
Steve Sells Big Bear
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The Tim Wood Group- Big Bear City January 22, 2012On Big Bear Blvd. within 4 blocks of the traffic light at Division, there are 4 restaurants, a pizza parlor, a liquor store, and a produce stand. If you haven’t investigated, what are you waiting for? Just past ‘Twin Bears Equipment Rentals’, is the tiniest Mexican restaurant, ‘La Paws’. This little place is one of [...]BigBear
- Dip In Inventory Equals Opportunity For Big Bear Real Estate Sellers January 19, 2012Direct link to - Window of opportunity for Big Bear sellers The number of homes for sale in Big Bear has been steadily dropping the past few months. Just recently, we dipped below 600 homes for sale. With that comes a window of real estate opportunity for some Big Bear home sellers. As the inventory levels [...]Tyler Wood
- Healthy Big Bear Homes January 18, 2012During the winter, the average American spends 90% of their time indoors. We rarely think about the air quality around us. By taking a few easy steps we can improve our surroundings. Asthma and other chronic diseases will especially benefit from a healthy environment. From house plants to natural fibers, there are several inexpensive ways [...]BigBear
- Winter Cruising January 12, 2012Take advantage of Southern California’s magnificent weather. Come cruise the mountains. Without precipitation and with the warm weather, one tends to treat Big Bear a little differently than during a snowy winter. Motorcycles are visible in January. Tops come down on the convertibles. Even the Corvettes come out of hibernation. Almost all the streets a […]BigBear
- Who Controls the Real Estate Prices in Big Bear? January 7, 2012Direct link to Big Bear Real Estate – Who Controls Real Estate Pricing? In short, the buyers. Real Estate agents like to think they have some effect on the pricing, but I believe it is determined mostly by the buyers, and to some degree, sellers. It doesn’t matter how great an agent thinks they are, our [...]Tyler Wood
- Snowshoe Big Bear Lake January 6, 2012With some of the best snow in the country, Big Bear is calling you to come celebrate all that Winter 2012 has to offer. Snow conditions couldn’t be better. We’re not just talking about the fantastic skiing and snowboarding. The holiday snow fell everywhere, leaving a thick, inviting, layer of white throughout the valley. Need [...]BigBear
- Big Bear Real Estate – Tour Moonridge December 31, 2011The Moonridge area is comprised of Lower Moonridge, Upper Moonridge and High Timber Ranch. It backs up to the San Bernardino National Forest and was one of the first areas settled in Big Bear Lake. Today it’s home to the Moonridge Zoo, the Bear Mountain Golf Course, and Bear Mountain Resort. The area is loaded [...]BigBear
- New Year’s Activities for Big Bear Lake December 29, 2011A beautiful white landscape covers the Big Bear Valley. Our nights are crisp, and the days are sunny with vivid blue skies. This New Year’s weekend looks perfect! Big Bear Lake has the best snow conditions in the Country. Many of our mountain visitors plan on spending the day on the slopes. Snow Summit will [...]BigBear
- A Big Bear New Year’s Eve December 27, 2011Snow Summit’s Torchlight Parade Big Bear Lake offers some of the best New Year’s Eve entertainment in the Inland Empire. Treat yourself to the only torch light parade in Southern California. At 7:00 PM. Snow Summit will temporarily interrupt their night session. Hundreds of employees and their families will chairlift to the top, where everyone [...]BigBear
- Horseback Riding at Baldwin Lake Stables December 26, 2011The only place to ride a horse in Big Bear. Baldwin Lake Stables is the only place in Big Bear Lake to go horseback riding. Located in the East part of the Valley, take Big Bear Blvd. past Big Bear City and past the Sugarloaf signal light. Instead of going up the hill, stop at [...]BigBear
- Big Bear City January 22, 2012
- Big Bear Lakefront Homes Information
- Lakefront Home Goes into Escrow: 128 Round Drive, Big Bear Lake, CA 92315 January 20, 2012The lakefront market in Big Bear seems to be chugging along as sale after sale gives consumers more confidence on the higher end. There are currently 6 lakefront homes in escrow (not too shabby given the fact that only 16 lakefront homes sold in 2011). 3 of the 6 pending sales carried over from 2011, [...]mikewochner
- State Considers Cuts to Boating Department January 18, 2012Saw this in the Grizzly this week…… State Considers Cuts To Boating Department written by Kathy Portie One week after California Governor Jerry Brown released his 2013 budget proposal, the Marina Recreation Association sounded the alarm. Brown proposes to merge or eliminate several state departments as part of his cost-cutting measures. The Calif […]mikewochner
- Lakefront Home at 180 N Eagle Drive Goes Into Escrow January 17, 2012This is a nice, higher-end sale for Gilligan Log Homes. Built in 2011, this log style deepwater lakefront home covered 4553 square feet and was listed for $2,399,999. Huge logs throughout, hardwood floors, marble, slate, granite and a wine room….Ummmmm . A true mountain home. Stay tuned for closing details….I would hope for Gilligan’s s […]mikewochner
- Good Article on Estate Planning Pertaining to Vacation Homes January 12, 2012I was catching up on some reading this week when I ran across this article in the Wall Street Journal, written by Kelly Greene. I think many vacation homeowners contemplate what to do with their family retreat in terms of estate planning so I thought this was worthy of posting. Who Gets the Vacation Home? [...]mikewochner
- A Look Back at Lakefront Home Sales in 2011……And What to Expect In 2012 January 10, 2012As the year comes to a close, I always like to look back at the sales and statistics of the year to see if anything stands out. In terms of closings, we only had 16 lakefront sales in 2011, which is low compared to previous years…….comparable to 2008 levels. Avg List Price for a Lakefront [...]mikewochner
- Local Big Bear Investor puts several Lakefront Homes on The Market December 30, 2011Over the past week, I’ve seen several new lakefront homes come on the market…what makes this circumstance different is the fact that they’re all owned by the same individual. Back in 2006, when the market started to turn, this investor bought over $10M worth of property up here. Paid cash for every purchase. It was [...]mikewochner
- Big Bear’s Polar Plunge is March 10th December 28, 2011I saw this in the Grizzly this week and thought I would share….haven’t decided if I’m brave enough to do it. Big Bear will experience its first Polar Plunge March 10. The Plunge benefits Special Olympics Southern California–Inland Empire Region. The event is largely sponsored by the Law Enforcement Torch Run for Special Olympics. It [...]mikewochner
- Big Bear Lakefront Quarterly Update: 3Q of 2011 November 11, 2011There were 7 lakefront sales in the third quarter of 2011. See below. There’s been 14 lakefront sales all year, so the 3rd quarter was a busy quarter along the lake for real estate in Big Bear. 755 Cove Drive- Cabin was built in 1947 but was tastefully decorated (sold fully furnished) and in a [...]mikewochner
- Congratulations! You just bought a Lakefront Property in Big Bear. Now What? September 26, 2011This past week I had the pleasure of helping a client close escrow on a lakefront home in Big Bear. This was a major triumph. The home had multiple offers, was a short sale (so the process took much longer than a traditional type sale), but they got a great deal and their patience paid [...]mikewochner
- Another Successful Shoreline Cleanup! September 25, 2011Quick article in the Grizzly this week recognizing the Shoreline pickup…..a huge success, and a big thanks to all that participated! Chalk up another successful Shoreline Cleanup. The 12th annual clean was Sept. 17 around Big Bear Lake. One hundred forty-six volunteers participated in the annual event to help keep Big Bear Lake’s shoreline clean [...] […]mikewochner
- Lakefront Home Goes into Escrow: 128 Round Drive, Big Bear Lake, CA 92315 January 20, 2012
- Big Bear REO Blog
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- Sugarloaf Blog
- 41295 Lahonton Big Bear Lake, CA 92315 November 22, 2009 Tony Card
- It's Time To Winterize Your Big Bear Cabin. November 21, 2009 Tony Card
- Who is handling your Short Sale in Big Bear? November 14, 2009 Tony Card
- Equestrian Property For Sale in Big Bear Lake, CA November 2, 2009 Tony Card
- October 26, 2009 List of Bank Owned, REO Properties in the Big Bear Valley October 26, 2009 Tony Card
- Do I really need to do the Home Inspection? October 24, 2009 Tony Card
- Your Free List of bank Owned, REO Homes In Big Bear Lake, CA October 19, 2009 Tony Card
- A Happy and Successful Short Sale In Big Bear lake, CA. October 11, 2009 Tony Card
- Geographically Competent Real Estate Agent September 27, 2009 Tony Card
- Big Bear Octoberfest 2009 September 20, 2009 Tony Card
- Things To Do In Big Bear
- Private Cabins in Boulder Bay Area July 30, 2009Boulder Bay is located on the north east side of Big Bear Lake, Ca. surrounded with several large granite boulder's and tall pine trees in amongst the Cabins.The Boulder Bay area is without a doubt, one of my favorite places around the entire Big Bear Lake. The Boulder Bay Area here is defined as starting at the Log Cabin Restaurant on the corner of Big […]noreply@blogger.com (BigBearLaker)
- Free $100 Gift Cards For Visiting Big Bear April 13, 2009If there isn't plenty of good reasons to visit Big Bear during your summer vacation, the Big Bear Lake Resort Association just made it a little more easier to help convince you this is the place to come. Starting on April 20th, the Big Bear Lake Resort Association will be giving away Free Visa Gift Card's Valued at up to $100 for you to use on anyt […]noreply@blogger.com (BigBearLaker)
- Camping In Big Bear April 7, 2009Big Bear Camp Sites Around Big Bear LakeCamping in Big Bear and the nearby San Bernardino National Forest. Before heading into the Forest, it's always advisable to stop in at the Discovery Center on the North Shore of Big Bear and pickup the necessary maps, permits, current fire regulations and a Adventure Pass.The Closest Campground in Big Bear LakeThe […]noreply@blogger.com (BigBearLaker)
- Bowling Barn April 6, 2009There's always a Party at the Bowling Barn!The Bowling Barn in Big Bear lake is not hard to miss when your heading down the main drag on Big Bear Blvd. just North of The Village.The Bowling Barn is Big Bear's one and only Bowling Alley (the alley oops) using the latest score keeping technology. This technology also has a spinning wheel that comes u […]noreply@blogger.com (BigBearLaker)
- Super Bear Arcade April 6, 2009The Super Bear Arcade Center is conveniently located in the middle of The Village of Big Bear on Village Dr. When you first walk into the Super Bear Arcade it kind of reminds you of stepping back in time when pinball machines were still Hot and Space Invader's was the New Video Game on the block. Super Bear Arcade dates back to 1977 which I'm sure […]noreply@blogger.com (BigBearLaker)
- Rent A Cabin In Big Bear April 6, 2009Private Vacation Rentals in Big Bear Lake is the Valley's #1 Industry!Even though there are several really nice Resorts in Big Bear there simply is not enough hotel rooms to accommodate everyone especially during very busy week-ends and Holiday's when the Resorts fill up fast. It is estimated that nearly 50% of all Homes and Cabins in Big Bear are […]noreply@blogger.com (BigBearLaker)
- Big Bear Golf Course April 2, 2009Big Bear GolfingThe Big Bear Golf Course is owned and operated by the Big Bear Mountain Resorts which also owns both Snow Summit and Bear Mountain Ski Resorts. Big Bear Golf Course is a 9 hole Mountain Course located in the Lower Moonridge Area with the Club House accross the street facing Bear Mountain Ski Resort. The Golf Course was first built in 1921 as […]noreply@blogger.com (BigBearLaker)
- Big Bear Lake Swimming April 1, 2009Swimming Areas in Big Bear LakeIn all the 22 miles of shoreline around Big Bear Lake there is only one public swimming area located at Meadow Park on the South Shore. In addition to the closed in swimming area with lifeguards on duty, Meadow Park also has several picnic and barbecue areas, softball field, tennis courts and two different playground areas.Mead […]noreply@blogger.com (BigBearLaker)
- Alpine Slide-Magic Mountain April 1, 2009The Alpine Slide at Magic Mountain is Big Bear Lakes largest Amusement ParkKeeping consistent with this Four Seasons Community, Alpine Slide is open all year long and changes with the Seasons with the things to do there depending on the time of year your visit Big Bear. The main attraction at Alpine Slide is the quarter mile long bob-sled ride that snakes do […]noreply@blogger.com (BigBearLaker)
- Big Bear Lake Fishing March 31, 2009Fishing in Big Bear LakeThe Fishing is second to none in the San Bernardio Mountains of Southern California. With 22 miles of shore line and several different species of fish, your sure to catch just what your looking for.Big Bear Lake has rainbow trout, large-mouth bass, small-mouth bass, channel catfish, blue catfish, crappie, bluegill and carp all in abun […]noreply@blogger.com (BigBearLaker)
- Private Cabins in Boulder Bay Area July 30, 2009
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