The COVID19 Big Bear Real Estate Tide – Sales Are Booming – July 2020

The Big Bear real estate market was hot in July, and continues to be the busiest in many years.  Folks want out of the cities due to the covid19, and into the mountains, and can you blame them?  The number of total sales of single family homes in Big Bear Lake was up 196% compared to July, 2019. Inventory is still historically low, only 175 Active listings (August 1st, 2020)  Down from 550 Active listings in May, 2020. Average sales price over Jan-July was 10% to 15%  higher compared to 2019 over the same period, but still the lowest value in all of Southern California real estate for what we offer in Big Bear Lake. We have multiple offers being made on many homes, especially under the $ 500k list price.  If you are ready to buy, contact us today and we will show you how to acquire the Big Bear Lake home of your dreams, using our expertise.   Interest rates are under 3%, don't wait as this COVID19 real estate tide, will not last!  This is your opportunity to own a piece of Big Bear and then, we will guide you to a vacation rental management company where you could generate income, and possibly help pay for your Big Bear investment! Please call or contact us today!  Thank you. Bob Angilella 909-878-5522 bobinbigbear@msn.com
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