8 New Bank Owned Homes in Big Bear, 6/27/2009
As of this morning, we have 42 bank owned homes (REO’s) on the market, that’s only 4.59% of the 915 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)
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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
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Big Bear Skinny- Big Bear Foreclosure Numbers – August 2009 September 25, 2009Foreclosure numbers in Big Bear slowed a bit in August though they still remain near record highs. The foreclosure filings in August 2009 (219) were down 10% from July 2009 (244), but were still up 27% from August 2008 (173). Foreclosure filings are made up of Notices of Default, a recorded document that starts the foreclosure process, [...]Tyler Wood
- Is The Big Bear Real Estate Market Headed Toward The Perfect Storm? September 8, 2009I believe it could be. The current state of the real estate market in Big Bear reminds me of a scene in the movie, “The Perfect Storm”. Near the end of the movie, after the fishing boat and its crew battle huge waves and horrible weather, things clear up. They think they made it through. But, the [...]Tyler Wood
- Big Bear Home Sales – August 2009 September 6, 2009Big Bear Home Sales Big Bear home sales dropped in August from the 2-year high we saw in July. Home sales fell 14% when compared to the July numbers (75 v. 87), but were up 25% when compared to August 2008 (75 v. 60). Even with the drop in sales month over month, sales are [...]Tyler Wood
- Paying Cash In Big Bear? Save 1%! August 31, 2009Yeap, that’s it. The impression with most buyers is that because they are paying cash, they should get a big discount off of the asking price. That is just not the case. (Click here to see embedded video) Cash buyers in Big Bear are only saving 1% for paying cash as compared to those buyers that are getting [...]Tyler Wood
- Buying Or Selling A Home In Big Bear? 3 Critical Contingencies To Keep In Mind. August 23, 2009The California Association of Realtors (C.A.R.) residential purchase contract (RPA) has three standard contingencies built into the contract – Loan Contingency, Appraisal and Buyer’s Inspections. Most of the problems that come up in a real estate transaction fall under these 3 contingencies. If the contract is left unchanged, the period of these […]Steve Hirschler
- Big Bear Foreclosure Numbers – July 2009 August 23, 2009Foreclosure numbers in Big Bear are still on the rise. The foreclosure filings in July 2009 were up 16% from June 2009, and 81% from July 2008. Keep in mind, foreclosure filings are made up of Notices of Default, a recorded document that starts the foreclosure process, Notices of Sale, a recorded document that sets the [...]Tyler Wood
- Big Bear Bank Owned Fixers – Some Pointers August 21, 2009With prices for real estate in Big Bear at an all time low, many folks are seriously considering buying a bank owned fixer. On the surface, it seems like a really great idea, and if done correctly, it can be. However, like most things, it is a little more complex than it appears to be. There are [...]Izzy Barden
- Big Bear Home Sales July 2009 August 9, 2009Big Bear Home Sales Big Bear home sales hit a two year high in July 2009. Home sales rose 9% when compared to the June numbers (84 v. 77), and 35% when compared to June 2008 (84 v. 62). This is great news for the Big Bear real estate market as it is the second strong month [...]Tyler Wood
- Big Bear Foreclosure Numbers – June 2009 August 6, 2009Sorry for being a little late with these. The number of Big Bear properties that went back to the bank (future bank owned listings) in June 2009 was an all time high at 52, 8 more than the previous high of 44 set in May. In total, the foreclosure filings for the month of June 2009 were [...]Tyler Wood
- Actions Speak Louder Than Words In Real Estate August 4, 2009Click here to see the embedded video. I see a lot of sellers in Big Bear saying they are motivated to sell, yet they continue to ignore the market reality and overprice their home. “Seller motivated, bring all offers” is pretty commonplace in the agent comments of the Big Bear MLS or other real estate [...]Tyler Wood
- Big Bear Foreclosure Numbers – August 2009 September 25, 2009
- Big Bear Lakefront Homes Information
- Recent Sale: 39427 Silver Pine Court November 12, 200939427 Silver Pine Court closed escrow yesterday. This was a short sale and had multiple offers on it. It previously sold on 2/6/2006 for $1,700,000. The seller put it back on the market a year later for $2,299,000 and has chased down the market ever since (it was on the market for 695 [...]Mike Wochner
- Big Bear Lake is Off Limits During the Wintertime November 10, 2009Saw this on the Jay Leno Show last night. This is a painful but funny reminder that Big Bear Lake partially freezes over during the Winter. This was a frozen lake over in Europe not Big Bear Lake but hopefully you get the picture. Big Bear Lake is off-limits during the Winter season for [...]Mike Wochner
- Two Big Bear Lakefront Price Reductions This Week November 10, 2009Two price reductions to report. Maybe someone read “To Reduce or Not Reduce” regarding price changes last week? That, or it’s just that time of year when sellers either reduce their price or hold firm and hope for the best. I’m guessing many sellers have given up on the thought of selling their lakefront property [...]Mike Wochner
- Pending Sale: 39645 Lake Drive, Big Bear Lake November 6, 200939645 Lake Drive went into escrow today. I was planning on showing it tomorrow….guess we’ll cross it off the list! It needs a little bit of updating but I think it has the potential to be a good rental. It’s close to Holloway’s Marina, it has a lot of square footage (3570 square feet with [...]Mike Wochner
- Pending Sale: 651 Cove Drive, Big Bear Lake, CA 92315 November 3, 2009651 Cove Drive went into escrow today. This was IMO the best property in the $1.5m range. It had deep water, was sold partially furnished and was priced well below what the sellers paid for the property back in March of 2007 (click on the links below to view detailed property info and to view [...]Mike Wochner
- To Reduce or Not Reduce? November 3, 2009As the season changes (temps at night are in the high 20’s low 30’s) the focus starts to shift away from the lake and more attention gets placed on the ski area. This is the time of year when sellers (if they’re motivated) start counting the number of days left in the year. They know [...]Mike Wochner
- Priced Reduced on 39537 Lake Drive October 27, 2009The owner of 39537 Lake Drive reduced their price again. This time they’ve dropped it below the $1M mark ($999,995). It has a great setting out back, but not sure who advised them to start at $1,890,000 back in 2007? They bought the property for $849,000 back in August of 2002. Below is the history [...]Mike Wochner
- A Couple Lakefront Closings to Report October 26, 2009220 N Eagle Drive and 354 Gibralter closed escrow this past week. This makes it 21 lakefront sales so far for Big Bear in 2009. Below are stats of each property. List Price: $2,495,000 Sales Price: $2,100,000 List Price/Sales Price: 84% Days on Market: 101 Sales Date: 10/09/2009 Sold Price Per Square Foot: $768.11/sqft (higher than normal due to the land [ […]Mike Wochner
- Don’t Hate The Player, Hate the Game October 23, 2009The battle continues over the non-regulation of kayak/canoe rentals on Big Bear Lake…IMO, non-marina business owners have increased the popularity of kayaking in Big Bear Lake through clever marketing, superior products, and good internet presence. They’ve created a niche for themselves and I wouldn’t blame em for profiting….just reg […]Mike Wochner
- Recent Sale: 38860 Waterview Drive, Big Bear Lake, CA 92315 October 5, 200938860 Waterview Drive was reported today as a closed sale. Another cash deal (that’s 12 out of 18 so far in 2009)! It was a quick escrow and sold in the ballpark I thought it needed to be in…$1,325,000. I did a comparison a couple months ago between this home and 38998 Waterview which recently [...]Mike Wochner
- Recent Sale: 39427 Silver Pine Court November 12, 2009
- Big Bear REO Blog
- REO Urban Legends November 13, 2009 bigbearreo
- Big Bear Short Sale Update October 27, 2009 bigbearreo
- Big Bear Bank Owned Listing October 22, 2009 bigbearreo
- Big Bear Lake Lakefront Sale October 20, 2009 bigbearreo
- Bank Owned Furnishings October 19, 2009 bigbearreo
- Big Bear Lake Bank Owned Info September 22, 2009 bigbearreo
- Short Sale? Be Careful. August 6, 2009 bigbearreo
- Big Bear Bank Owned Condo's For Winter and Summer. June 29, 2009 bigbearreo
- Big Bear Bank Owned Properties With Garages June 8, 2009 bigbearreo
- Big Bear Lakefront Sale June 6, 2009 bigbearreo
- Big Bear Illuminated
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