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Is the Big Bear Real Estate Market Cooling Off?

It appears that the real estate market in Big Bear is cooling off quite a bit.  2014 was the slowest year for unit sales over the last 10 years.  Take a look at the chart & notes below for some more interesting findings. Here's what I noticed - 1.  Residential unit sales were down 27% in 2014 compared to 2013.  I am not sure if this has something to do with the rising prices, about 10% higher year over year, or more of just a general slow down in the market.   Seems to me it could be a little of both. … [Read more...]

Tips for Buying Land in Big Bear

Buying a vacant parcel and building a home in Big Bear means having total control over every aspect of a house, from the foundation to the flooring to the views. There are many things that need to be considered when buying land in Big Bear. Will a hillside location make building costs prohibitive? Am I overbuilding for the area? Can I keep horses on the property? What’s the potential re-sale value? Who is the local building authority - City v.s County? The following is a list of things to consider when purchasing … [Read more...]

Understanding the Value of a Real Agent

Not long ago, you had to go to a real estate agent in order to get information on property listings. Books filled with all the local real estate listings were distributed to real estate offices and the agents would review the books and find homes that matched their clients' needs. This information was not readily available to the public. The times have drastically changed. Today, much of the once-private information is now public. But does that mean you can handle the entire real estate transaction on your own? … [Read more...]

Big Bear Real Estate News

In our digital economy, international, national and local economies affect our marketplace. As we keep our eye on China, the Euro, the unemployment rate and other leading indicators, the news seems to show an upswing in several economic factors. On the international scene, China’s lifting of some controls is the strongest sign that the government intends to change; according to the New York Times. Some have called the restructuring a symbolic move. But, since it signals a broader acceptance of western banking … [Read more...]

Feng Shui and Your Home

This 5,000 year old art is said to bring peace of mind, good health and happiness. Feng Shui means Wind and Water in Chinese. There are many similarities between Feng Shui and the rules of Home Staging. They both address emotional appearance; stressing clutter reduction and the use of furniture to affect traffic flow. Disney, British Airways and Donald Trump are among those westerners taking Feng Shui seriously. Here are a few guidelines for home buyers and sellers! PROPERTY SHAPE If you are buying a new … [Read more...]

How Much Should I Offer?

What you offer on a Big Bear property depends on a number of things, such as the maximum price you’re willing to pay for the home, the risk of losing the home to another buyer, appraisal value, and how realistic the asking price is.  Though homes in Big Bear are selling for an average of 96% of the listing price, there is no cardinal rule for a fixed amount that a seller will negotiate from their asking price. Every property & every seller is unique. The Big Bear real estate market is in a transition from a … [Read more...]

Big Bear Lake Transient Private Home Rentals (TPHR) Ordinance

Vacation rentals are big business in Big Bear. There are close to 1700 private homes currently registered or pending approval within Big Bear Lake city limits. Add to that the rentals in the un-incorporated areas of Big Bear (Fawnskin, Big Bear City, Sugarloaf, etc.) and the number of available vacation rentals within the Big Bear valley is estimated to be over 2000. The City of Big Bear Lake receives over $1,200,000 annually in tax revenue from vacation rentals based on approximately $15,000,000 in sales. Back in … [Read more...]

Big Bear Lake, An In-Depth Look – Area Videos

We are continuing to roll out new videos on the Big Bear area.  Today, we dive deeper into Big Bear Lake, highlighting the areas of Big Bear Lake West, Big Bear Lake Central, & Big Bear Lake East. First up, Big Bear Lake West. The most famous part of Big Bear Lake West is Boulder Bay.  Known for its picturesque boulder sand lake setting, it's a beautiful sight to see as you enter Big Bear along the south shore.  Big Bear Lake West is well treed & quiet, with plenty of outdoor activities nearby, … [Read more...]

Fawnskin, The Quiet Side of Big Bear Lake – Community Video

Next in the cue for our community video profiles is the Fawnskin community.  Located on the North Shore of Big Bear Lake, the community of Fawnskin is known for its private, treed setting & fabulous views of the lake, ski slopes and surrounding mountains.  Throw in the quaint commercial district and numerous outdoors activities, and Fawnskin is the perfect fit for many Big Bear home buyers.  Don't take our word on it, check out the video profile above for what others have to say about Fawnskin. For more … [Read more...]

Not Your Mama’s Sugarloaf – Community Video

Continuing with our community video profiles, Sugarloaf is next on the plate. Known for it affordable home prices, private setting, and easy access, Sugarloaf is a great option for full-time & second home owners alike. Check out the video profile above for more details on the Sugarloaf lifestyle. If you'd like to read & see more about the Sugarloaf area, here's a link to the Sugarloaf page on our site. Interested in other Big Bear community video profiles? Check out the other communities below. Big … [Read more...]