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Posts from ‘June, 2009’

Big Bear Real Estate – Foreclosures, Short Sales, Inventory and Market Direction

Big Bear real estate has certainly seen more predictable times. With uncertainty in the overall economy, but with the general sentiment being that we’re in a more stable place than we were 6 months ago, many people are looking for direction as to where our real estate market is headed. In that regard, the chart [...]

Big Bear Real Estate Update – May 2009 and Year-to-Date

Sales dipped while average and median prices continued their downward trend in May, but at a slower pace. Comparing May 2008 to May of 2009, the number of sales of single family residences in Big Bear declined 28%, while the average and median prices fell 9% and 14% respectively. Considering that April’s sales comparisons showed average and median [...]