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
My Zillow Profile
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The Tim Wood Group- Living “Green” In Big Bear May 27, 2012Most of us were brought up believing that our natural resources would last forever. Now try to imagine a world without blue skies, towering trees, and all the natural beauty that makes Big Bear such an amazing place to live. It’s painfully obvious now that we have squandered our resources and if we all don’t [...]BigBear
- Market Conditions – New Home Down Payments May 25, 2012With 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 there are more obstacles to overcome in making a purchase. Cash is still king. The trick is to balance the amount [...]BigBear
- Home Appraisal Tips May 20, 2012Home appraisals are meant to establish market value. A lowball appraisal can kill your real estate transaction. A Home Appraiser is a specialist who uses mathematical analysis to determine your home’s value (Sales Comparison Approach). This value is based on similar homes in your neighborhood. First, the value per square foot is determined and applied. [...] […]BigBear
- Renting Out Your Big Bear Home May 13, 2012If you own a second home in Big Bear, you’ve probably considered jumping into the rental market. The Big Bear vacation rental market is one of the most active and lucrative markets in California. The City of Big Bear Lake currently has over 1,100 registered vacation rentals on the books and they estimate another 300 [...]BigBear
- Big Bear Lakefront Homes May 6, 2012It’s the ultimate in Big Bear real estate – a single family home on Big Bear Lake with a private dock. Imagine being able to jump in your boat for an afternoon cruise or entertaining a few friends on your lakeside deck while enjoying one of the best views in California. Now imagine that dream [...]BigBear
- Big Bear Lake’s Memorial Day Weekend May 2, 2012Now that the weather has settled down, Big Bear is switching gears for Spring and Summer. Many call this the “slow time” of Big Bear. You can’t ski and you can’t swim! Not to worry. Everything is being prepared and this is NOT the “slow time”. In less than 2 months, official Summer starts. Here [...]BigBear
- Springtime Home Maintenance April 27, 2012One of the great things about living in Big Bear is the variety of weather we enjoy. In mid-April, we had over a foot of snow and temperatures were well below freezing. As I write this, just two weeks later, the temperatures are in the seventies and the snow has all but disappeared. We’re swapping [...]BigBear
- Big Bear Real Estate – From “For Sale” to “SOLD” April 25, 2012When it comes to selling Big Bear real estate you have to understand the marketing process to reach the ultimate goal of a closed escrow. Here are a few crucial tips for selling your Big Bear home in today’s challenging market. Choose the right agent Choosing an experienced agent to help guide you is the [...]BigBear
- New Real Estate Trends April 22, 2012The National Association of Home Builders expects future housing trends to reflect the current economic and demographic changes of our society. They believe the average size home will be reduced by about 400 sq. ft to 2100 sq. ft. These homes will be energy efficient and family friendly. Expect to see homes that have larger [...]BigBear
- Real Estate Tips – Vacation Home Rentals April 19, 2012Buying a vacation home for rental can be a great investment, especially if you have a stock heavy portfolio. According to MSN, baby boomers hold 57% of all vacation homes and about 21% have two or more vacation properties. Big Bear Lake is a great place to consider investing in vacation rental property. It’s southern [...]BigBear
- Living “Green” In Big Bear May 27, 2012
- Big Bear Lakefront Homes Information
- Happy Memorial Day Weekend! May 26, 2012 mikewochner
- Big Bear Lakefront Home Closes Escrow (39248 Waterview, Big Bear Lake, CA 92315) May 20, 2012Lakefront Property at 39248 Waterview Drive Closes Escrow (Closed Sale #10 in 2012) Listed at $2,649,000, this 6 bedroom, 6 bath, 5000 square foot home was built in 2009. It had old barn style siding, a metal roof, 5 fireplaces, and a huge game room loft with bar. Built by Brad Gilligan of Gilligan Log [...]mikewochner
- Big Bear Lakefront Home Closes Escrow (40116 Lakeview Drive, Big Bear Lake, CA 92315) May 7, 2012Lakefront Home at 40116 Lakeview Drive Closes Escrow (Closed Sale #9 for 2012) This is a classic example of being patient. A client of mine made an offer on this property 1 year ago. The buyer and seller were too far apart and couldn’t come to terms on price. My buyer came back to [...]mikewochner
- BIg Bear Lakefront Home Closes Escrow (39408 Point Drive, Big Bear Lake, CA 92315) May 5, 2012Lakefront Home at 39408 Point Drive Closes Escrow (Closed Sale #8 for 2012) I’ve written about this lakefront home before…..a couple weeks ago it came on the market as a bank owned REO. The agent was from out of the area and was dealing with multiple offers. Within 48 hours she had 6 offers on [...]mikewochner
- Big Bear Lakefront Property Quarterly Update: 1Q of 2012 May 3, 2012It’s been an amazing 1st quarter of 2012 along the lake in Big Bear. 7 lakefront homes have closed escrow, and 9 are currently in escrow! To put in perspective, there was only 16 that sold all of 2011….so things have definitely picked up. 7 CLOSED LAKEFRONT HOME SALES 533 Cienega Closing Details List Price: [...]mikewochner
- Why Big Bear Lake? April 17, 2012This is the newest version of “Strong Cities, Strong State” video regarding Big Bear Lake. A great example of what makes our community in the mountains so special. Big Bear Lake, CA (Strong Cities, Strong State) 2 from CreateIF Designs + Solutions on Vimeo.mikewochner
- Getting to the Point April 14, 2012This bank owned lakefront home came on the market yesterday. I called the listing agent, an agent from out of the area, and she said she had 2 offers within the 1st 3 hours of it hitting the market. There’s a total of 4 now…the bank is requiring an “as-is” sale (no inspection contingencies), no [...]mikewochner
- Lakefront Home at 119 Lagunita Lane in Big Bear Lake Reduces Price April 10, 2012The price on 119 Lagunita Lane got reduced yesterday. This home has been on the market for quite some time….but I think the current price will help it sell. Below is the price history of this property. Current Owner paid $775,000 on 12/16/2005. Complete renovation of both units occurred in 2006. Duplex goes back on [...]mikewochner
- U.S. Vacation Homes Beckon to Bargain Shoppers April 4, 2012Fun to see Reuters profile a family I recently worked with….. U.S. vacation homes beckon to bargain shoppers By Kathleen Kingsbury BOSTON | Wed Apr 4, 2012 12:11pm EDT (Reuters) – Splurging on a vacation home shortly after the housing market meltdown was not an easy decision for Kathy and Dan Nikolai. The couple, who live in California’s [. […]mikewochner
- Big Bear Lakefront Home Closes Escrow (651 Cove Drive, Big Bear Lake, CA 92315) March 25, 2012Lakefront Home at 651 Cove Drive Closes Escrow (closed sale #7 for 2012) This bank owned lakefront home in Big Bear finally closed escrow last week. If you’ve been reading my blog over the past year or two, I’ve featured this home on several occasions. The current buyer bought this lakefront home for $1,200,000….what’s funny [...]mikewochner
- 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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