California Real Estate Fast Facts
Fast Facts
- Calif. median home price – October 09: $297,500 (Source: C.A.R.)
- Calif. highest median home price by C.A.R. region October 09: Santa Barbara So. Coast $970,000 (Source: C.A.R.)
- Calif. lowest median home price by C.A.R. region October 09: High Desert $118,580 (Source: C.A.R.)
- Calif. First-time Buyer Affordability Index – Third Quarter 2009: 64 percent (Source: C.A.R.)
- Mortgage rates – week ending 11/25/09 30-yr. fixed: 4.78% Fees/points: 0.7% 15-yr. fixed: 4.29% Fees/points: 0.6% 1-yr. adjustable: 4.35% Fees/points: 0.7% (Source: Freddie Mac)
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
Market Condition Report for the Big Bear Area 11/15/2009
Market Condition Report provided by "Chicago Title"
Please call me if you would like to discuss the Real Estate Market here in the Big Bear Area.
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”
Big Bear Real Estate Fast Facts 10/25/2009
- Current Residential Inventory Available 766
- Last years inventory 10/2008 – 1078
- Inventory is down 29% from last year
- Residential Sales closed in the past 30 days – 78
- Homes sold October 2008 – 73
- Number of year to date closed residential sales – 681
- Number of year to date closed residential sales 561 for the same period in 2008 +21.3%
- Current Pending sales 154
- 39 of these are Bank owned 25%
- That means 75% are not bank owned!
- Bank Owned Homes 46 make up only 6% of the inventory available in Big Bear
- That means 94% of the homes available in Big Bear are not Bank Owned!
- 261 of the 681 sold this year were bank owned 38%
- 77 of the 561 sold last year were bank owned 13.7%
What does all of this mean?
- There are less homes to choose from currently than there were a year ago.
- More homes have sold this year than last year for the same period.
- With 154 pending sales and 681 closed sales this year, more homes will be sold in Big Bear this year than last year (669)
- Big Bear does not have a high percentage of bank owned properties available, but what is available is selling faster than other homes sold by traditional sellers.
93 Homes Sold in Big Bear September 2009
| List Price | Address | Area | Bd | Baths | SF Apx Ttl | Broker | Sold Price | Sold Date |
| $1,150,000 | 39473 LAKE DRIVE | BLC | 4 | 5.5 | 2874 | RMX-M | $1,000,000 | 9/30/2009 |
| $1,100,000 | 896 SKY HIGH | BLC | 6 | 4.5 | 4666 | BBV | $1,000,000 | 9/1/2009 |
| $725,000 | 464 WOODSIDE DRIVE | BBC | 5 | 3 | 3292 | GCR | $560,000 | 9/23/2009 |
| $636,800 | 427 EAGLE LAKE PLACE | FOXF | 4 | 3 | 2880 | BBV | $615,000 | 9/11/2009 |
| $634,900 | 41599 STONEBRIDGE | BLE | 4 | 3 | 3343 | OBK | $700,100 | 9/3/2009 |
| $631,700 | 42292 CASTLE CRAG | FOXF | 4 | 3.5 | 3304 | PRM | $650,000 | 9/14/2009 |
| $617,900 | 149 STONY CREEK ROAD | FOXF | 4 | 3 | 3316 | OBK | $617,900 | 9/21/2009 |
| $599,900 | 385 GLENWOOD DRIVE | FOXF | 3 | 2 | 2200 | MTG | $580,000 | 9/9/2009 |
| $575,000 | 717 JEFFRIES RD | BLE | 6 | 8 | 5304 | PRU | $450,000 | 9/15/2009 |
| $537,500 | 40365 LAKEVIEW DRIVE | BLC | 3 | 2.5 | 2363 | PRU | $535,000 | 9/15/2009 |
| $499,900 | 997 CLUBVIEW | MOON | 3 | 2 | 1880 | FTR-B | $489,000 | 9/16/2009 |
| $478,800 | 47275 LAKEVIEW | BALD | 4 | 3 | 3160 | BBV | $480,000 | 9/11/2009 |
| $400,000 | 819 JAYBIRD LANE | BLC | 4 | 2.75 | 2904 | REX | $392,500 | 9/8/2009 |
| $379,000 | 42363 SNOWCREST | FOXF | 3 | 2 | 1497 | FTR-B | $370,000 | 9/11/2009 |
| $369,000 | 43527 SAN PASQUAL DRIVE | MOON | 3 | 2 | 1344 | GCR | $340,000 | 9/28/2009 |
| $359,000 | 43439 SHEEPHORN | MOON | 3 | 2 | 1300 | GCR | $345,000 | 9/19/2009 |
| $349,999 | 1139 CANYON RD | FAWN | 3 | 1.75 | 1719 | ERA | $339,999 | 9/28/2009 |
| $339,000 | 1628 MALABAR WAY | BBC | 3 | 2 | 1894 | PRU | $300,000 | 9/9/2009 |
| $333,000 | 816 TEHAMA | MOON | 4 | 1.75 | 1900 | PRU | $299,000 | 9/22/2009 |
| $325,000 | 229 FINCH | BLE | 3 | 2.5 | 1830 | RMX | $295,000 | 9/16/2009 |
| $314,900 | 829 MC ALISTER | FOXF | 3 | 2 | 1928 | CEN | $310,000 | 9/29/2009 |
| $309,000 | 1087 SNOWRIDGE | WHIS | 3 | 2 | 1644 | CHB | $300,000 | 9/23/2009 |
| $299,900 | 43441 SHEEPHORN | MOON | 5 | 2.5 | 2336 | BBV | $300,000 | 9/15/2009 |
| $292,900 | 43335 BOW CANYON | MOON | 4 | 2 | 1440 | PAL | $305,500 | 9/25/2009 |
| $289,000 | 1060 SE ASH | ERWL | 3 | 2 | 1795 | REX | $245,000 | 9/24/2009 |
| $279,900 | 619 VILLA GROVE | MOON | 3 | 2 | 1166 | MTG | $265,000 | 9/9/2009 |
| $275,000 | 583 VICTORIA LANE | SUGA | 3 | 2 | 1840 | RMX-M | $235,000 | 9/1/2009 |
| $274,900 | 1291 BUFFALO CT | MOON | 3 | 2 | 1712 | BBC | $276,000 | 9/5/2009 |
| $270,500 | 316 SANTA CLARA | FOXF | 3 | 2 | 1776 | PRM | $270,500 | 9/2/2009 |
| $259,900 | 40105 HILLCREST | BLC | 3 | 2 | 943 | BBV-B | $230,000 | 9/24/2009 |
| $259,000 | 41446 OAK ST. | BLC | 3 | 2 | 1300 | PRU | $235,000 | 9/16/2009 |
| $259,000 | 39578 RACCOON | FAWN | 2 | 2 | 1423 | MTG | $243,000 | 9/18/2009 |
| $249,900 | 507 ANGELES | BBC | 3 | 2 | 1546 | RMX-M | $230,000 | 9/22/2009 |
| $249,900 | 42595 WILLOW AVE | MOON | 2 | 1 | 1070 | CEN | $225,000 | 9/1/2009 |
| $245,100 | 397 CATALINA ROAD | FOXF | 3 | 1.75 | 1478 | BBV | $245,100 | 9/25/2009 |
| $239,000 | 605 ROSEHILL DRIVE | BBC | 3 | 2 | 1536 | BBV | $245,000 | 9/11/2009 |
| $229,900 | 45457 THIRD STREET | BALD | 3 | 2.5 | 1450 | RMX | $220,000 | 9/11/2009 |
| $229,000 | 110 WABASH | SUGA | 3 | 3 | 1763 | PRU | $207,000 | 9/21/2009 |
| $219,000 | 42898 ENCINO RD | MOON | 2 | 1 | 864 | ERA | $202,500 | 9/3/2009 |
| $215,000 | 45346 7TH | BALD | 3 | 2 | 1707 | WHR | $195,000 | 9/4/2009 |
| $209,500 | 739 PANAMINT | WHIS | 3 | 1.75 | 1838 | ERA | $193,717 | 9/4/2009 |
| $208,100 | 2009 CEDAR PINE | ERWL | 4 | 2 | 2400 | BBV | $200,000 | 9/17/2009 |
| $200,000 | 1116 MOUNT DOBLE | BBC | 3 | 2 | 1288 | REX-V | $200,000 | 9/16/2009 |
| $200,000 | 567 VISTA | BLC | 3 | 1.25 | 1700 | RMX-M | $187,000 | 9/30/2009 |
| $199,900 | 1842 BALDWIN LAKE ROAD | BALD | 3 | 2.5 | 1807 | RMX | $195,000 | 9/18/2009 |
| $199,000 | 42660 LA PLACIDA | MOON | 2 | 1 | 864 | SPN | $182,000 | 9/18/2009 |
| $189,000 | 46009 PARKWAY RD. | BALD | 3 | 2 | 1514 | BBV | $180,000 | 9/2/2009 |
| $187,500 | 872 TEHAMA | MOON | 2 | 1.72 | 1003 | CEN-B | $175,000 | 9/23/2009 |
| $184,900 | 1300 MOUNTAIN VIEW BLVD | BBC | 3 | 1.75 | 988 | REX | $184,900 | 9/3/2009 |
| $179,900 | 305 E SHERWOOD | BBC | 2 | 1 | 945 | ERA | $179,900 | 9/18/2009 |
| $179,900 | 42826 WILLOW | MOON | 2 | 1 | 864 | MTG | $179,900 | 9/23/2009 |
| $178,000 | 356 PINE LANE | SUGA | 2 | 2 | 1166 | CEN | $165,000 | 9/18/2009 |
| $175,000 | 209 SHAKESPEARE LANE | BBC | 3 | 1.75 | 2700 | SPN-C | $175,000 | 9/3/2009 |
| $174,900 | 42766 SONOMA | MOON | 3 | 2 | 1273 | MTG | $172,900 | 9/11/2009 |
| $169,995 | 654 VICTORIA LANE | SUGA | 2 | 1 | 1072 | CEN | $155,000 | 9/30/2009 |
| $169,900 | 673 BUTTE AVE | MOON | 2 | 1 | 697 | PRM | $165,000 | 9/18/2009 |
| $169,900 | 43449 SHASTA ROAD | MOON | 2 | 1 | 984 | PRM | $195,000 | 9/23/2009 |
| $158,000 | 960 HEMLOCK | ERWL | 2 | 1 | 976 | FTR-B | $140,000 | 9/4/2009 |
| $152,000 | 304 E NORTH SHORE DRIVE | BBC | 4 | 2.5 | 1722 | MTG | $145,000 | 9/25/2009 |
| $150,000 | 430 IMPERIAL | SUGA | 2 | 1 | 988 | REX | $145,000 | 9/23/2009 |
| $149,900 | 545 IMPERIAL | SUGA | 3 | 2 | 980 | ERA | $112,000 | 9/28/2009 |
| $149,500 | 1865 POND DR | BALD | 3 | 2 | 1386 | BBC | $140,000 | 9/2/2009 |
| $149,000 | 395 LOS ANGELES | SUGA | 2 | 1.5 | 896 | PRU | $149,000 | 9/18/2009 |
| $148,005 | 699 RIVERSIDE | SUGA | 3 | 2 | 1378 | PAL | $149,000 | 9/4/2009 |
| $144,900 | 1253 BALSAM | MOON | 3 | 2 | 912 | OBK | $241,000 | 9/1/2009 |
| $140,000 | 1037 GREENWAY | BBC | 2 | 1 | 1040 | CEN | $150,500 | 9/30/2009 |
| $139,900 | 941 MOUNT DOBLE DRIVE | BBC | 3 | 1 | 912 | RMX-M | $150,000 | 9/16/2009 |
| $139,000 | 205 W SHERWOOD | BBC | 2 | 1 | 944 | RMX-M | $130,000 | 9/10/2009 |
| $134,000 | 836 E FAIRWAY BLVD. | BBC | 2 | 2 | 1344 | SPN | $137,500 | 9/22/2009 |
| $133,650 | 701 MARIN | BLE | 2 | 1 | 896 | CEN-B | $123,000 | 9/18/2009 |
| $131,500 | 765 W BIG BEAR BLVD | BBC | 4 | 2.5 | 1768 | RMX-M | $118,000 | 9/4/2009 |
| $130,000 | 225 W SHERWOOD BLVD. | BBC | 2 | 1 | 840 | MTG | $125,000 | 9/23/2009 |
| $129,900 | 1082 ROCKY MOUNTAIN | WHIS | 2 | 1 | 910 | BBV | $130,000 | 9/30/2009 |
| $129,000 | 722 W AEROPLANE | BBC | 3 | 2 | 1694 | MTG | $129,000 | 9/9/2009 |
| $125,000 | 403 LEONARD | SUGA | 2 | 1 | 608 | RMX | $125,000 | 9/24/2009 |
| $124,900 | 827 KERN | SUGA | 3 | 1.75 | 1454 | RMX-M | $94,500 | 9/1/2009 |
| $119,900 | 820 RAINBOW | BBC | 2 | 1 | 824 | RMX | $117,500 | 9/11/2009 |
| $119,899 | 1031 W COUNTRY CLUB | BBC | 2 | 1 | 906 | PRU | $110,000 | 9/15/2009 |
| $119,000 | 1008 SEQUOIA DR | BBC | 2 | 1 | 760 | PRM | $110,000 | 9/4/2009 |
| $119,000 | 523 LOS ANGELES | SUGA | 2 | 1 | 800 | PRU | $107,000 | 9/28/2009 |
| $114,999 | 359 LOS ANGELES | SUGA | 2 | 1 | 608 | CEN | $109,999 | 9/30/2009 |
| $104,000 | 905 MICHAEL AVE. | BBC | 2 | 1 | 1135 | BBV | $99,000 | 9/21/2009 |
| $89,900 | 695 HIGHLAND | SUGA | 1 | 1 | 570 | PRU | $85,000 | 9/10/2009 |
| $85,000 | 105 E COUNTRY CLUB | BBC | 2 | 1.5 | 816 | BBV-B | $80,000 | 9/3/2009 |
| $80,000 | 2057 THIRD LANE | ERWL | 2 | 1.5 | 840 | PRM | $80,000 | 9/25/2009 |
| $74,900 | 309 CEDAR | SUGA | 2 | 1.1 | 1064 | PAL | $74,000 | 9/28/2009 |
| $69,900 | 413 WABASH | SUGA | 2 | 1 | 570 | PGR | $69,900 | 9/15/2009 |
| $69,000 | 912 BARKER | BBC | 0 | 1 | 400 | MTG | $69,500 | 9/9/2009 |
| $68,805 | 814 ROBINHOOD | BBC | 2 | 1 | 740 | WDS | $75,100 | 9/30/2009 |
| $64,800 | 312 E SHERWOOD BLVD. | BBC | 2 | 0.75 | 590 | BBV | $67,000 | 9/4/2009 |
| $59,900 | 46572 ARASTRE ROAD | BALD | 3 | 2 | 972 | PRM | $52,000 | 9/18/2009 |
| $51,900 | 325 W MOJAVE | BBC | 2 | 1 | 720 | OBK | $45,000 | 9/24/2009 |
| $47,900 | 403 HIGHLAND LANE | SUGA | 0 | 1 | 463 | MTG | $46,500 | 9/15/2009 |
| $23,594,452 | $22,459,415 |
Click here to see the details of these homes
5 New Bank Owned REO Homes in Big Bear, 10/7/2009
921 W Rainbow
921 W RAINBOW , BIG BEAR CITY/ $79,200
Total SqFt: 840 (Approx)
Bedrooms: 2 Baths: 1.00 /Fireplace: One FP /Garage: None /Stories: Two Story /View: Neighbors & Trees View ML#: 292125
Listing Courtesy of Keller Williams Big Bear Lake Arrowhead / David Cartright , JR
593 Highland
593 HIGHLAND LANE, SUGARLOAF /$95,800
Total SqFt: 624 (Approx)
Bedrooms: 1 Baths: 1.00 /Fireplace: One /Stories: Two Story/ View: Neighbors and Trees View
ML#: 292106 / Virtual Tour Link: http://www.vflyer.com/home/flyer/mls/home/2857578
Listing Courtesy of Coldwell Banker / The Tim Wood Group / Tyler Wood
39286 Cedar Dell
39286 CEDAR DEll, FAWNSKIN /$207,500
Total SqFt: 456 (Approx)
Bedrooms: 1 Baths: 1.00 / Fireplace: Two/ Garage: Two Car / One Story /ML#: 292121
Listing Courtesy of Ash Realty / Sam Ali
As of this morning, we have 48 bank owned homes (REO’s) on the market, that’s only 5.96% of the 805 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
Market Condition Report for the Big Bear Area
Market Condition Report for the Big Bear Area
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
STATE BAR TAKES ACTION TO AID HOMEOWNERS IN FORECLOSURE CRISIS
STATE BAR TAKES ACTION TO AID HOMEOWNERS IN FORECLOSURE CRISIS
MEDIA CONTACT: Diane Curtis 415-538-2028 diane.curtis@calbar.ca.gov
San Francisco, September 18, 2009 — The State Bar of California, alarmed by the number of lawyers preying on vulnerable homeowners, today identified 16 attorneys who are under investigation for misconduct related to loan modification.
“In my 21 years in attorney discipline, I have not seen a crisis of this magnitude. It is truly unprecedented,” said Interim Chief Trial Counsel Russell Weiner, who is waiving investigation confidentiality in favor of public protection. The waiver, allowed by law, is used only occasionally, but Weiner said the seriousness of the problem demanded a strong reaction by the bar in order to protect consumers. This is the first time the names of more than a few lawyers being investigated have been made public.
“The number of attorneys using their law licenses to essentially take money from unwary but trusting consumers is astounding,” Weiner added. “There are literally thousands of victims who have lost money they could not afford to lose. Under the circumstances, the need for public information and protection is paramount.”
Those attorneys being named by the State Bar have allegedly taken fees for promised services and then failed to perform those services, communicate with their clients or return the unearned fees, Weiner said. Some attorneys misrepresented the services they could provide. “It appears these attorneys may have significantly harmed their clients who were already facing great financial pressure and the possible loss of their homes.”
About one-quarter – almost 800 cases – of the active investigations in the Office of Chief Trial Counsel (OTC) are related to foreclosure complaints. The office has experienced a 58 percent increase in active investigations over 2008 due in large part to the huge increase in complaints against attorneys offering loan modification services. “Our office is aggressively investigating these cases and is working proactively with law enforcement,” said Weiner.
In March of 2009, the State Bar created a special team of investigators and lawyers to handle the growing number of complaints received about attorneys offering loan modification services. OTC found that many of the offending attorneys are associated with firms that use telemarketers or phone banks to sign up clients without regard to the facts of the individual case or whether or not the client can be helped, Weiner said.
In many cases, the attorneys work with untrained non-attorney staff engaging in the unlawful practice of law by offering legal advice to prospective clients. OTC also is investigating the non-attorney staff for possible referral to law enforcement.
In recent months, OTC has obtained the resignation of three attorneys who were offering loan modification services. Those attorneys chose to give up their licenses to practice law rather than face disciplinary charges and possible disbarment. In addition, OTC lawyers are preparing to put some attorneys on inactive status pending the filing of formal disciplinary charges
Weiner warned consumers to take special caution when seeking legal representation related to loan modification. “Consumers should not be comforted by advertisements that claim the attorney is a member of the State Bar of California,” he said, noting that all attorneys practicing in California on a regular basis are members. “Such membership does not mean the attorney has any special knowledge, experience or expertise in the area of loan modification. In fact, it appears that many of the attorneys offering these services have little or no prior experience in the area of loan modification.”
The following attorneys have received a significant number of complaints related to the loan modification services they were hired to perform. They are entitled to a full and fair hearing on any charges that may be filed in the future. No discipline may be imposed unless and until the State Bar proves allegations of misconduct by clear and convincing evidence.
▪ David Arase, Bar No. 233705, Arase Law Firm and National Housing Assistance
▪ Stephen Burns, Bar No. 113371, Legal Group Network
▪ Robert Buscho, Bar No. 122556, United Law Group
▪ Nicholas Chavarela, Bar No. 251632, Rodis Law Group and America’s Law Group
▪ Steven Feldman, Bar No. 103676, Feldman Law Center
▪ Eric Johnson, Bar No. 224065, Avantgarde Group
▪ Paul Lucas, Bar No. 163076, Lucas Law Center
▪ Brandon Moreno, Bar No. 233750, U. S. Foreclosure
▪ Jeffrey Nemerofsky, Bar No. 213014, U.S. Advocacy Law Group and U.S. Financial Products
▪ Gregory Paiva, Bar No. 207218, Law Offices of Gregory Paiva
▪ Adrian Pomery, Bar No. 249664, U.S. Foreclosure
▪ Ronald Rodis, Bar No. 181873, Rodis Law Group and America’s Law Group
▪ Mark Shoemaker, Bar No. 134828, Advocates for Fair Lending
▪ Marc Tow, Bar No. 78429, Marc Tow and Associates
▪ Michael Yellin, Bar No. 255050, A Fresh Start Loan Modification
▪ Sean Rutledge, Bar No. 255938, United Law Group
The State Bar suggests that consumers be wary of attorneys offering loan modification services under any of the following circumstances:
- Advertisements of the office do not expressly identify by name the attorney who is responsible for the business.
- Office staff will not readily identify by name the attorney responsible for oversight of the business.
- The attorney in charge of the office is too busy or not willing to meet personally with prospective clients.
- The firm advises a consumer to stop paying the existing mortgage.
- The business, through its advertisements or claims of its representatives, makes claims that sound too good to be true, such as claims of a 90 or 100 percent rate of success in obtaining loan modifications, or claims that a reduction in the mortgage principal is likely to be achieved.
- The business demands payment of a large fee, even before obtaining a prospective client’s basic income and expense information, and information about the existing mortgage and present home value.
- The attorney responsible for the business is not licensed to practice law in the state where the consumer resides.
There are legitimate loan modification services and ethical attorneys that are providing the promised services for their clients. Two places to start in the search for loan modification assistance are: HUD Housing Counselors, 800-569-4287, http://www.hud.gov/counseling; and HOPE NOW, 888-995-HOPE, http://www.hopenow.com.
Consumers can also find qualified attorneys through a State Bar-certified lawyer referral service that can be found on the State Bar’s Web site (www.calbar.ca.gov), or by calling the State Bar’s Lawyer Referral Services Directory at 1-866-442-2529 (toll free in California) or 415-538-2250 (from outside California).
Consumers having a problem with the attorney handling their loan modification may contact the State Bar at 1-800-843-9053 or visit the State Bar’s Web site at www.calbar.ca.gov to find a complaint form.
Founded in 1927 by the state legislature, the State Bar of California is an administrative arm of the California Supreme Court, serving the public and seeking to improve the justice system for more than 80 years. All lawyers practicing law in California must be members of the State Bar. In September 2009, membership reached 223,000.
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13 Homes Sold this Week in Big Bear, 9/26/2009
Click here to see the details on these 13 homes.
With 812 active listings on the market currently, the inventory has fallen about 8% in the past 30 days.
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
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
- Back on Market: 651 Cove Drive Falls Out of Escrow December 1, 2009 Mike Wochner
- Pending Sale: 39364 Aurora, Big Bear Lake, CA 92315 November 29, 2009The home at 39364 Aurora just went into escrow. Nice property (click here to see multiple photos and a property description). Major reno a year or so ago with panoramic views and deep water. I thought this was the best value for the money, next to 39997 North Shore Drive but it sits on the [...]Mike Wochner
- Got Snow? Big Bear Lake Gets it’s First Decent Snowfall this Winter November 28, 2009Get your snow shovels out….our first decent snow fall occurred this morning as we got 4-5 inches of snow. None of the roads have been plowed yet so be extra careful driving up the mountain and make sure you bring snow chains for your car. RELATED ARTICLES: No Business Like Snow Business (Big Bear Grizzly 11/25/2009) Updated Weather [...]Mike Wochner
- Price Reduced: 39997 North Shore drops Price Again November 24, 2009The owners of 39997 North Shore Drive reduced the price of their home again….this time down to $1,750,000. I wrote about this property back on October 1st (click here to view multiple photos and to read a property description). I like it. It’s rustic, it has plenty of square footage to sleep multiple families, and [...]Mike Wochner
- Improving the Ecosystem around Big Bear Lake November 19, 2009The article below, written by Kathy Portie of the Big Bear Grizzly, is a good example of what our local MWD does to help keep Big Bear Lake safe. Yes they oversee the dock situation and make sure everyone is in compliance with the rules and regulations…..but they also ensure that the quality of our [...]Mike Wochner
- 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
- 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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