The Big Bear Real Estate Agent 909 725-5889

2006 Home in Baldwin Lake Priced Under $80,000

Steve Hirschler — Tue, 31 Jan 2012 22:21:16 +0000

Short Sale Beauty

Overview

$79,900

2006 CABIN IN BIG BEAR ON LEVEL DOUBLE LOT WITH VIEWS! EASY ACCESS TO NORTH SHORE DRIVE AND HWY 18.DESIRABLE FLOOR PLAN WITH 2 BEDROOMS 1 BATH,SEPERATE LAUNDRY ROOM,DECK AND A 1 CAR DETTACHED GARAGE. DUAL PANE WINDOWS, CENTRAL HEAT.

Main Features

2 Bedrooms
1 Bathroom
1 Unit
Interior: 800 sqft
Lot: 5,000 sqft

Location

45401 Fifth
Big Bear City, CA 92314
USA

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Steve Hirschler

Coldwell Banker DRE# 01703081
(909) 725-5889
stevehirschler@gmail.com
http://www.stevesellsbigbear.com

Listed by: ColdwelL Banker / The Tim Wood Group

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Nearby properties for sale

863 Homes Sold in the Big Bear Area MLS in 2011

Steve Hirschler — Tue, 24 Jan 2012 19:34:59 +0000

The Big Bear Multiple Listing Service recorded 863 sales in 2011. Below is a breakdown showing chart showing how many units each price range contributed.

With 794 (92%) of the homes sold falling into the under $500,000 price range, and only 69 over $500,000 (8%), it is fair to say higher end sales are tough. The price range that is selling best is $200,000 – $300,000 with about 40% of the homes sold.

Sales of homes over 1 million are location driven. Of the 12 sales over $1 million in 2011, and 8 were on the lake, 3 in Castle Glen, and 1 in Moonridge.

Only one home in Big Bear City sold for over $560,000 last year, and that was 646 Cedar Glen in Meadowbrook Estates which closed at $900,000 in June.

Foreclosures made up 28% of the sales, while short sales were only 14%. Traditional residential sellers made up the remaining 58%.

312 (36%) of all of the sales were cash transactions.

Big Bear Area 10 Year Deed Recording History

Steve Hirschler — Tue, 24 Jan 2012 18:17:42 +0000

We have seen a change in the past 2 years when looking at our deed recordings. Traditionally the highest number of recordings occur during the late summer and early fall months, but in the past 2 years the month of December has had the highest number of recordings.

We also have the lowest inventory of residential homes (569 units as of this morning) that we have had in over 5 years.

Currently in the Big Bear area we have 112 pending sales (escrows) and 39 active contingent short sales that are awaiting bank approval.

I believe prices will continue to soften for the next 12 months, but at a slower rate than what we have seen in the past 3 years.

San Bernardino County Market Activity Reports

Steve Hirschler — Thu, 19 Jan 2012 20:24:34 +0000

Area Activity & Short Sale Report December 2012

California Real Estate Market at a Glance

Steve Hirschler — Sun, 15 Jan 2012 14:31:55 +0000

Market @ A Glance

California	Reporting Period	Current	Last	Year	Change from Last Period	Change from Year Ago
California	Reporting Period	Period	Period	Ago	Change from Last Period	Change from Year Ago
Existing Home Sales (SAAR) *	11-Nov	503,570	493,140	492,040	2.10%	2.30%
Median Home Price *	11-Nov	$280,960	$278,060	$296,480	1.00%	-5.20%
Unsold Inventory Index (months) *	11-Nov	5	5.3	6.2	-5.70%	-19.40%
Median Time on Market (days) *	11-Nov	56.6	55.2	54.8	2.50%	3.30%
Traditional Housing Affordability Index (HAI) *	2011 Q3	52%	51%	46%	1.00%	6.00%
30-year fixed-rate mortgage (FRM) **	11-Nov	3.99%	4.07%	4.30%	-0.08%	-0.31%

Source * CALIFORNIA ASSOCIATION OF REALTORS* and Federal Home Loan Mortgage Corp

Foreclosure Trends for Big Bear Lake, CA 92315

Steve Hirschler — Fri, 13 Jan 2012 14:08:21 +0000

92315 Foreclosure Trends

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Foreclosure Filings—Notice of Default filings are the first step in the foreclosure process. Notice of Trustee Sale filings set the date and time of an auction, and serve as the homeowner’s final notice before sale.

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Foreclosure Outcomes—After the filing of a Notice of Trustee Sale, there are only three possible outcomes. First, the sale can be Cancelled for reasons that include a successful loan modification or short sale, a filing error, or a legal requirement to re-file the notice after extended postponements. Alternatively, if the property is taken to sale, the bank will place the opening bid. If a 3rd party, typically an investor, bids more than the bank’s opening bid, the property will be Sold to 3rd Party; if not, it will go Back to the Bank and become part of that bank’s REO inventory.

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Foreclosure Inventories—Preforeclosure inventory is an estimate of the number of properties that have had a Notice of Default filed against the property, but have not yet been Scheduled for Sale. The Scheduled for Sale inventory indicates those properties that have had a Notice of Trustee Sale filed, but have not yet been sold or had the sale cancelled. The Bank Owned (REO) inventory indicates the number of properties that have been sold Back to the Bank at the trustee sale, and which the bank has not yet resold to another party.

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Foreclosure Bids—The Published Bid is the amount listed in the Notice of Trustee Sale and is typically the balance due at the original date of sale. The Opening Bid is the bank’s starting bid at auction, and is often discounted from the Published Bid. The Winning Bid is the highest bid received at auction and reflects the amount at which the bank or 3rd party purchased the foreclosure.

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Foreclosure Discounting—This chart compares the winning Bid Amount of properties sold at trustee sale to both the outstanding Loan Amount, and the current Market Value. Banks place an Opening Bid for each property and if a 3rd Party does not make a higher bid, the property will be sold Back to Bank (REO) for the Opening Bid amount. Properties Sold to 3rd Parties will typically have Winning Bids with deeper discounts to both Loan Amount and Market Value as only low Opening Bids will attract investor interest.

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Time to Foreclose—The average number of days between the filing of the Notice of Default and the final sale at auction for foreclosure sales that occurred during the specified month. Time to Resell—The average number of days between the final sale at auction and when the property was resold by the bank or 3rd party.

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Filings By Number of Bedrooms—The number of foreclosures that have received either a Notice of Default or Notice of Sale, shown in columns arranged by the property’s number of bedrooms.

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Filings By Square Foot—The number of foreclosures that have received either a Notice of Default or Notice of Sale, shown in columns arranged by the size range of the property in square feet.

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Filings By Year Built—The number of foreclosures that have received either a Notice of Default or Notice of Sale, shown in columns arranged by when the property was built.

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Filings By Est. Market Value—The number of foreclosures that have received either a Notice of Default or Notice of Sale, shown in columns arranged by the estimated market value of the property in foreclosure.

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Filings By Loan Balance—The number of foreclosures that have received either a Notice of Default or Notice of Sale, shown in columns arranged by the balance of the loan in foreclosure.

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Filings By Loan Origination Date—The number of foreclosures that have received either a Notice of Default or Notice of Sale, shown in columns arranged by the quarter and year in which the loan was originally made.

California Foreclosure Process

Big Bear Area 10 Year Deed Recording Information

Steve Hirschler — Sat, 17 Dec 2011 17:06:49 +0000

It looks like 2011 will end up near 2007 and 2009 levels for deed recordings, but fall short of 2010 by about 100 units. Currently their are 157 pending sales in the Big Bear MLS , with 117 of these being residential. The inventory as of this morning is 647 active residential listings. YTD closed residential sales are 813, compared to 849 for 2010 same period. If you would like to discuss Big Bear Real Estate statistic please feel free to email or call me.

Steve

What’s Selling In Big Bear?

Steve Hirschler — Sun, 11 Dec 2011 22:49:57 +0000

84 homes have sold in the past 30 days in the Big Bear Area. (Click here to see them) Of these 84 homes, 40 were traditional sellers (47%), 29 of them were foreclosures (34%), and 14 were short sales (16%). Our current active inventory of residential homes is 651, that means at the current sale rate we have just under an 8 month supply. We have 179 homes that are pending, contingent, or active contingent.

Price	Address	Area	Bd	Baths	SF Apx Ttl	Sold Price	Sold Date
1,125,000	436 EDGEMOOR	BLC	3	2	1446	1,125,000	11/15/11
699,900	600 COVE	BLW	3	2.5	2281	699,900	11/21/11
625,000	42336 EAGLE RIDGE	FOXF	4	3.5	3400	600,000	11/18/11
549,000	100 STARVATION FLATS RD.	FOXF	5	4	3734	515,000	12/2/11
499,900	42133 BROWNIE	BLE	6	4	3640	480,000	11/25/11
400,000	42753 COUGAR	MOON	3	2.5	1853	375,000	11/30/11
389,900	480 CRYSTAL LAKE	FOXF	4	3	2023	375,000	11/16/11
389,000	400 SUNRISE	FOXF	3	3	2029	385,000	12/7/11
349,500	1001 FENWAY	MOON	4	3	2253	340,000	11/21/11
349,000	424 WAGON WHEEL	BBC	3	2	1808	335,000	12/5/11
340,000	724 COVE	BLW	4	2	1440	330,000	11/22/11
299,000	448 E COUNTRY CLUB BLVD.	BBC	3	2	2400	265,000	11/15/11
297,000	856 ORIOLE	BLE	3	2.5	1896	280,000	11/17/11
289,900	43324 BOW CANYON ROAD	MOON	4	2.5	1400	277,000	11/23/11
265,000	1245 FAWNSKIN	FAWN	4	3	2016	270,155	11/28/11
254,900	43260 MOONRIDGE	MOON	3	2	1440	244,000	11/22/11
250,000	454 TEMPLE	BLC	3	2	1776	240,000	12/2/11
250,000	40182 MAHANOY LANE	BLC	2	2	1178	225,000	11/15/11
235,000	1696 COLUMBINE	MOON	3	2	1326	229,000	12/5/11
224,900	662 BUTTE	MOON	3	2	1244	211,000	11/29/11
220,000	1016 WENDY	BBC	3	2	1250	200,000	11/28/11
211,900	43540 BOW CANYON RD	MOON	3	2	1404	212,100	11/23/11
206,000	449 BOYD TRAIL	BLC	3	1.75	1612	199,000	12/5/11
199,900	534 VILLA GROVE	MOON	4	2	1584	195,000	11/23/11
199,000	379 WREN	BLE	2	1.5	1077	200,000	11/28/11
197,000	43367 SHEEPHORN	MOON	3	2	1120	195,000	12/6/11
196,500	43984 MENDOCINO	MOON	2	1.5	888	186,000	11/16/11
191,900	565 CRESTWOOD	BLE	3	2	1386	195,000	11/30/11
185,900	380 PINE LANE	BBC	3	2.5	1341	185,900	12/5/11
184,000	46920 PIONEERTOWN	BALD	1	1.75	1185	171,000	12/2/11
179,900	364 BREWER	BBC	3	2	1492	175,000	11/16/11
179,900	519 VILLA GROVE	MOON	2	1	1088	175,000	11/21/11
169,900	217 DUTCH	BBC	3	2	1872	169,000	11/28/11
169,000	862 PINE	ERWL	4	2.5	1710	160,000	11/30/11
165,900	320 DOWNEY	BBC	2	2	1008	163,000	11/17/11
165,000	340 DOWNEY	BBC	3	2	1211	165,000	12/7/11
165,000	41014 MARYLAND	BLE	2	1	1012	155,000	11/15/11
159,900	920 TINKERBELL	BBC	4	2	1422	140,000	11/17/11
155,000	576 WANITA	BLC	2	1	1108	150,000	11/18/11
149,900	724 E MEADOW	BBC	3	2	1315	160,000	12/6/11
149,900	43069 ENCINO	MOON	2	1	952	145,000	11/23/11
149,900	42919 ENCINO	MOON	2	2	1052	119,700	11/16/11
149,900	805 ANTELOPE MOUNTAIN DR	WHIS	3	2	1144	145,000	11/21/11
144,500	367 ARROYO DRIVE	BLC	2	1	629	140,000	12/6/11
139,900	1440 MALABAR	BBC	2	2	1468	140,000	12/7/11
139,900	40135 HIGHLAND	BLC	3	1	700	135,000	11/14/11
139,900	42625 LA PLACIDA AVE	MOON	2	1.75	874	139,000	12/2/11
136,000	232 MANN	BBC	3	2	1202	101,000	11/16/11
135,000	1254 SHEEPHORN	MOON	2	1	832	125,000	11/14/11
134,900	2028 CEDAR PINE	ERWL	2	2	1000	129,000	12/7/11
129,900	1074 SIERRA	BBC	3	2	1260	128,250	11/30/11
128,000	320 E MOUNTAIN VIEW	BBC	2	2	936	120,000	11/21/11
127,500	695 VILLA GROVE	MOON	2	1	780	127,500	11/15/11
126,000	1301 E COUNTRY CLUB	BBC	3	2	1450	120,000	11/21/11
124,100	1191 WILLOW	ERWL	3	2	1760	107,500	12/1/11
119,950	328 MOUNTAIN VIEW	BBC	2	1	760	116,500	12/1/11
119,900	46063 SOUTH	BALD	4	2	1992	114,900	11/16/11
119,900	758 LEONARD LANE	SUGA	2	1.5	1064	114,500	12/8/11
119,000	432 SHERIDAN	BBC	3	1.75	1260	119,000	11/23/11
117,000	333 GRENFALL	BBC	3	1.75	1200	117,333	12/7/11
115,000	332 BREWER	BBC	2	1	816	101,000	12/1/11
112,900	2754 MAHOGANY LANE	ERWL	4	2.5	1560	102,750	11/22/11
112,000	361 PINE	SUGA	2	1.5	756	110,000	11/17/11
111,500	1245 MINTON	MOON	2	1	660	106,000	11/17/11
109,999	2032 CEDAR PINE	ERWL	2	1	722	93,500	11/16/11
107,500	192 PINE	SUGA	3	2	1016	120,000	12/5/11
99,900	611 GEORGIA	BLC	1	1	576	97,000	11/28/11
99,500	364 GREENSPOT	BBC	2	2	1060	96,000	12/9/11
99,000	2001 CEDAR PINE	ERWL	2	1	959	90,000	11/16/11
93,000	837 E COUNTRY CLUB	BBC	2	1	1026	93,000	11/21/11
83,000	913 SPRUCE	ERWL	2	1	816	84,000	11/23/11
80,900	605 WABASH LANE	SUGA	2	1	896	57,750	12/5/11
80,300	2176 2ND LANE	ERWL	2	1	864	76,000	11/17/11
79,900	904 W COUNTRY CLUB	BBC	2	1	840	77,500	11/17/11
75,000	384 SAN BERNARDINO	SUGA	2	1	750	75,000	11/15/11
74,900	879 SAN BERNARDINO	SUGA	2	1	760	80,500	11/28/11
72,000	824 A LN	ERWL	3	1.5	1202	72,000	11/22/11
69,900	1029 SEQUOIA	BBC	2	1	720	68,000	11/23/11
65,000	762 W AEROPLANE	BBC	2	1	840	65,000	11/29/11
65,000	320 E BARKER	BBC	2	1	702	60,000	11/18/11
64,900	764 SPRUCE	SUGA	2	1	840	62,000	11/14/11
59,900	1591 CACTUS DRIVE	BALD	2	1	660	71,000	11/29/11
59,000	867 A	ERWL	2	1	660	57,000	11/14/11
52,000	2139 5TH	ERWL	2	1	864	52,000	11/30/11

Important Short Sale Advice – Video

Steve Hirschler — Sun, 04 Dec 2011 17:09:05 +0000

Steve Hirschler
Market Specialist, Inventory Expert,
Big Bear Real Estate Agent
Coldwell Banker
The Tim Wood Group
42153 Big Bear Blvd.
P.O. BOX 6820
Big Bear Lake, CA 92315
DRE#01703081
stevehirschler@gmail.com
909 866-3481 EXT. 217
CELL 909 725-5889
Fax 909 866-3531

Big Bear Snow Report Video / Moonridge Area

Steve Hirschler — Fri, 02 Dec 2011 16:24:10 +0000