Viewing posts from: November 2000
Real Estate has Picked Up!
- posted in Big Bear Homes & Land, Big Bear Real Estate
The month of June and the first week of July have proven to be promising. "Smart Money Buyers" are making offers. These smart money buyers have a pre-approval letter in hand, and are ready to buy. The real estate market in Big Bear is good, and overall foreclosures have decreased to an average of 54 from 100, and any foreclosure that is a great deal in a good area and resembles a mountain style home has multiple offers on the property. Our current active inventory is approximately 945 homes, down from 1400 just 6 months ago. Escrows have increased and solds for the month of June were 68, up by 10% from May and previous months. This is good! Your listing has had showings and some of you have had offers.
