5 Reasons Now is the Time to Buy in Big Bear
Big Bear real estate market sales activity usually follows a predictable pattern. We are now in what we call the “shoulder season”, between the busier winter and summer seasons. Savvy buyers are getting a jump on finding fantastic investment properties in Big Bear now. Here are 5 reasons you should plan on getting up to Big Bear to take advantage of the current market opportunities.
1. Less buyer competition
As we move towards summer, the Big Bear real estate market is starting to rev up. The peak season begins 4th of July weekend. Experiencing all that Big Bear has to offer, before the hustle and bustle, is a great way to begin your property search. Identifying properties and making offers gets more competitive as the summer season progresses. It actually gets quite frenzied towards the end of August. Buyers in Big Bear tend to take a leisurely approach while looking for a cabin during the summer, then everyone wants to pull the trigger in August. This can lead to multiple offers and stressful negotiations. Buying early, before the peak season starts, puts more control in the buyer’s hands.
2. Less crowds
Big Bear is a very popular resort destination. Our mountain sees a lot of visitors and activity during the tourist seasons. Big Bear can also be a very peaceful place to visit. If you are serious about buying in Big Bear, you will want to see Big Bear in all its moods. A smart investor knows as much about the activity trends in his chosen investment area as he does about the property he buys. Spring and fall are the slowest, most peaceful times in Big Bear.
3. Better pricing and availability on lodging
Buying in a destination market such as Big Bear usually means paying for lodging while you visit. By the time you close escrow on a property, you will likely have made at least three trips to Big Bear. The costs can add up. The further into the peak season we get, the higher the prices get for lodging. A smart investor is always looking at the bottom line, even before the deal closes. Take advantage of “shoulder season” lodging deals.
4. Time to enjoy your cabin
If you close escrow before the end of summer, you will be able to begin enjoying your cabin while it is the hottest time of the year off the mountain and also before everyone heads back to school. This is a great time to launch your Big Bear real estate investment experience.
5. The more you visit, the more you know
Confidence in making your investment purchase in Big Bear grows with every visit you make, so get a jump on it. Visit early, buy early, and benefit big!
If you are ready to get a head start on other Big Bear investors, give us a call, we are ready to help!