Well, another winter season has come to an end (probably the busiest ever for sales and rentals) and things seem to be returning to some sort of normalcy. The Big Bear Real Estate inventory has almost doubled in the past 6 weeks (from 62 to 122 Single Family residences), but it’s still only about 1/4 to 1/3 of where it should be at this time of year. Still, we seem to be experiencing a bit of the regular “Spring surge” in inventory; so hopefully (for buyers at least) that will tamp down some of the crazy multiple offer situations and bidding wars that we have seen over the last 6-8 months. For sellers, the inventory is still historically very low, but ordinarily climbs through-out the Spring and Summer, so getting your cabin on the market as soon as possible would make sense to take advantage of what is still record-low inventory. The number of sales for March remained very high and prices increased again almost across the board.
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