- posted in Big Bear Real Estate
by Bob Angilella – Big Bear’s Top Realtor
If you’re thinking of selling your Big Bear real estate, now would be the time! Inventory is at an all-time low, with only 339 active Big Bear listings (Feb 9, 2013) in the valley. One year ago, we had over 750 active Big Bear MLS listings. What does this mean for you? It means that the chances of your Big Bear home selling for top dollar are greater than they were for the past 5 years. Are prices going up? Yes, but minimally. About 2 to 4% increase for a normal sale.
Big Bear Foreclosures are also at an all-time low, and are begining to level off. I believe that this spring and summer will bring a number of offers, as buyers are still looking and are waiting for the perfect Big Bear property to come on the market and interest rates are still low! My buyer’s agents have numerous buyers waiting, and when something does come on the market that meets their criteria, then they jump and make a solid offer. The great news is that prices are not appreciating drastically as they did in 2004 and 2005. We are happy about that, as that would be a false ceiling again, and we do not want that to happen! 2 to 4% increase per year in pricing is just what we want and is considered normal.
So, if you are curious as to what your Big Bear Lake property is worth, please contact me today to schedule an appointment and interview. In addition, our websites are the highest ranking websites with Google. Our advertising consists of many internet portals, magazine advertising, a custom virtual tour and multiple uploads with various MLS systems throughout Southern California. Again, this would be the time so please give me a call today. 909-878-5522
Big Bears #1 one Realtor and Team