Millennials are planning to buy, but are looking for a versatile home that can grow and change with them.
Big Bear Market Statistics as of November 3rd, 2016
Photo Courtesy of Cathy McCabe
Big Bear Market Stats as of November 4th, 2016
- Total Active Residential Properties: 507 (4% decrease from October 3rd)
- Total Residential Properties in Back-Up and Pending: 177 (14% decrease from October 3rd)
- Total Residential Properties Sold in October: 120 (1% increase from September)
*123 properties sold in October 2015, and 129 sold in October 2014. - 119 sold in September
101 sold in August
99 sold in July
97 sold in June
86 sold in May
83 sold in April - New Residential Listings in September: 131 (21% increase from 104 in September)
- 16% of Current Market has been reduced in price since October 3rd.
- Properties sold from January 1st 2016 to November 4th 2016: 998 (2% decrease from January 2015-November 2015)
- Total Sales Volume January 1st 2016 to November 4th 2016: $300,134,588 (4% increase from January 2015-November 2015)
The Education Conundrum
Education levels don’t appear to have much influence on homeownership. People intend to stay in their homes across the board.
Home Smart Home
Smart devices, especially for security, lights, and climate control, are a useful option for Big Bear second homeowners. Check the locks and alarms at your home periodically, turn lights and off remotely, and turn up the thermostat just before arriving in the winter. How would you use smart tech in your home?
Buy or Stay?
Do older people know something Millennials don’t? Will fortune favor the bold? We’ll just have to wait and see.
9 Habits for a Home That Always Feels Neat and Fresh
We found some useful tips to help keep your home tidy and comfortable. This graph is from houselogic.com, a site that has tons of practical tips for homeowners.
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