Since 2008 many homeowners have delayed selling because, let’s face it, competing in a market flooded by distressed sales at rock bottom prices is certainly not ideal. Fortunately for homeowners, standard resales in the Big Bear area solidly represented the majority of transactions in 2012.
Whether driven by the decrease in distressed sales or not, an increase in prices is already underway. The 2012 year end numbers showed a gain of 3.6% in median sales price in the Big Bear area. This is another piece of encouraging news, as it is the first price gain in the Big Bear area in five years.
If you have been waiting to sell your home and think that now may be the time, please contact Melissa McCue at (909) 855-4898.