Big Bear Real Estate

For a relatively small area, there is a lot for sale in Big Bear. The ratio of realtors to residents seems astronomical. But as the area has become a highly sought after vacation destination and real estate has overtaken investors' interests in recent years, Big Bear has reaped the benefits, or suffered the consequences, depending on your point of view.

To Buy or Not to Buy, That Is the Question

Everything from a luxury mansion overlooking the lake to condos and cabins is available. More that that, there is a great deal of raw land for sale that a buyer can either build on or simply hold as an investment. The vast majority of ownership in Big Bear is in the "second property" market and low California property taxes have helped make buying in Big Bear more affordable.

Those who are frequent visitors to Big Bear might like the option of buying not only for the convenience, but for the rental possibilities. Several agencies in town will manage your property for a fee. Beyond that, the growth in value in the area has been phenomenal of late, and the area's real estate is certainly worth looking at purely as an investment.

The mechanics of real estate in Big Bear are no different than anywhere else. Agents list and show, buyers bid, and banks loan. Having some knowledge of the area real estate before buying is highly recommended to ensure fair market price. Also, many Southern California buyers are not accustomed to Big Bear's climate and may not know what to look for in a property that will need to withstand cold winters. A little research in that department can save a buyer a lot of money and heartache (and frostbite) down the line.