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Big Bear Foreclosure Numbers – May 2010

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Categories: Big Bear Foreclosures, Big Bear Market Conditions, Big Bear Real Estate News
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Foreclosure filings in Big Bear dropped significantly in May 2010, down 32% when compared to April. And year over year, foreclosure filings were down 46% from the May 2009 numbers, the fifth straight month that foreclosure filings were down year over year.  This is a welcome sign for an otherwise slow moving Big Bear real [...]

Buying a Fannie Mae Property – First Look Policy

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Categories: Big Bear Buyers, Big Bear Foreclosures, Big Bear Real Estate News, Real Estate Video
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Fannie Mae properties are a lot different than other REO or bank foreclosures. Just one of the differences is the First Look program – the first 15 days a property is listed for sale (or listed on HomePath.com), they will only respond to offers from “owner occupants and those using public funds.” This affects Big [...]

Who Knows What To Believe Anymore?

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Categories: Big Bear Buyers, Big Bear Market Conditions, Big Bear Real Estate News, Big Bear Sellers
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Ever wonder why consumers lack trust in anything they read anymore? Check out these real estate market headlines I received in are recent update from C.A.R. California’s median home price up 21 percent in April from a year ago Nearly 75 percent of homes are affordable Foreclosures plateau—finally.  Repossessions soar. Real estate’s new problem: not [...]

Big Bear Foreclosure Numbers – April 2010

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Categories: Big Bear Foreclosures, Big Bear Market Conditions, Big Bear Real Estate News
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Foreclosure filings in Big Bear dropped 6% in April 2010 when compared to March. Year over year, foreclosure filings were down 4% from the April 2009 numbers, the fourth month in a row that foreclosure filings were down year over year. Keep in mind, foreclosure filings are made up of three parts – Notices of [...]