February 2016 “Sold” and “Pending/Back-up” Properties/Mammoth Improvements to Date
Below are last month’s lists of “Sold” and “Pending/Back-up” Big Bear real estate. The numbers remain high in both categories, even as we approach the end of winter season. This is, at least in part, because of the improvements that are starting to become visible from the Mammoth purchase. The increased visitors have also lead to increased occupancy in private vacation rental homes, as well as increased business for our local restaurants, shops, etc. As Mammoth continues to add more amenities and improvements to our local resorts (for both winter and summer activities), all of the above are expected to continue to increase.
95 Sold:
190 Pending/Back-up:
The link below is for a recent article from the OC Register which chronicles some of the $2.5M in recent improvements. As stated by Dave Likins, President of Big Bear Mountain Resorts: “We’re a company that doesn’t have a bed base. The key to our success is to bring people for the weekend, not just the day…By letting people know how neat this community is, it creates an introduction that can increase overnight visitation. And it allows us to pick up ski days on some of these visits.”
Have a great weekend!
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