Big Bear Bummers

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  • SOLD: Micro Aggressions

    Purchase Price (4/2023): $435,000 Sale Price (8/2024): $493,000 Difference: +$58,000 Commission (5%): -$24,950 Total Gain: +$33,350 Something actually sold in Big Bear! This is an exciting day. And congratulations to the seller for not losing their ass despite buying in 2023. That is seriously impressive in this environment. Their final sales price of $493,000 is…

  • UPDATE: Heaven on Earth

    A $150,000 price cut, just like that. Pretty soon you’re talkin’ real money! Assuming it sells for this price (spoiler: it won’t) our seller would “only” walk away with $633,030 after paying their listing agent. I still think it’s egregiously overpriced but at least they finally seem interested in joining reality. ***************ORIGINAL POST BELOW*************** Address:…

  • Stay Focused

    Address: 1241 Redwood Dr, Big Bear City, CA 92314 Link: https://www.redfin.com/CA/Big-Bear-Lake/1241-Redwood-Dr-92315/home/4115345 Beds/Baths: 3 bed, 2 bath, 1,040 squares Purchase Price (8/2021): $600,000 Asking Price: $799,000 Difference: +$199,000 Commission (3%): -$23,970 Total Gain: +$175,030 (!) I’ve seen some low-effort photos in my time, but these out-of-focus turds are really something else. In August 2021 our seller got into…

  • Competition Package

    Address: 39802 Lakeview Dr #10, Big Bear Lake, CA 92315 Link: https://www.redfin.com/CA/Big-Bear-Lake/39802-Lakeview-Dr-92315/unit-10/home/3490687 Beds/Baths: 2 bed, 2.5 bath, 1,823 squares Purchase Price (11/2003): $273,000 Asking Price: $595,000 Difference: +$322,000 Commission (3%): -$17,850 Total Gain/Loss: +$304,150 Well look at this greedfaced moron. They bought all the way back in 2003 for $273,000 and think their equity makes them special. Rather…

  • Wings of a Fa(i)lcon

    Address: 42683 Falcon Ave, Big Bear Lake, CA 92315 Link: https://www.redfin.com/CA/Big-Bear-Lake/42683-Falcon-Ave-92315/home/4114443 Beds/Baths: 2 bed, 1 bath, 768 squares Purchase Price (6/2022): $475,500 Asking Price: $499,880 Difference: +24,380 Commission (3%): -$14,996 Total Gain: +$9,384 This poor soul purchased in June 2022 for $475,500, thinking nothing of the fact that the previous owner only paid $259,000 in 2020. Like, that…

  • Greedy Gremlins

    Address: 42536 Cedar Ave, Big Bear Lake, CA 92315 Link: https://www.redfin.com/CA/Big-Bear-Lake/42536-Cedar-Ave-92315/home/4114856 Beds/Baths: 2 bed, 2 bath, 964 squares Purchase Price (1/2021): $350,000 Asking Price: $500,000 Difference: +$150,000 Commission (3%): -$15,000 Total Gain: +$135,000 (LOL) These numbskulls have been listed since June 2023. That’s right – we recently surpassed the 400-day mark. FOUR HUNDRED DAYS! The greed and…

  • Tipped Off

    Address: 859 Silver Tip Dr, Big Bear Lake, CA 92315 Link: https://www.redfin.com/CA/Big-Bear-Lake/859-Silver-Tip-Dr-92315/home/4118700 Beds/Baths: 2 beds, 1 bath, 820 squares Purchase Price (10/2012): $145,000 Asking Price: $425,000 Difference: +$280,000 Commission (5%): -$21,250 Total Gain: +$258,750 Now this is a Big Bear Bummer. Woof. The sole bathroom looks decent, but what’s up with the cabinet door that’s…

  • PRICE CUT: One-Bedroom Bummer

    A few days ago our seller cut the price by a substantial $70,000. Looks like someone is finally getting serious! The current asking price of $599,900 represents a devastating loss of $90,095 after commissions, and that’s if they can find a buyer at this price. In the original post I said this price would eat…

  • Short Road to a Short Sale

    Address: 40254 Mahanoy Ln, Big Bear Lake, CA 92315 Link: https://www.realtor.com/realestateandhomes-detail/40254-Mahanoy-Ln_Big-Bear-Lake_CA_92315_M22021-72163 Beds/Baths: 3 bed, 1 bath, 768 squares Purchase Price (1/2022): $440,000 Asking Price: $399,000 Difference: -$41,000 Commission (5%): -$19,950 Total Loss: -$60,950 Eating $61,000 after just two-and-a-half years of ownership has to hurt. I feel bad for the seller and the position they’ve found themselves in,…

  • Nightmare on Elm Street

    Hey thanks for sweeping up! It’s not like you’re asking half a million bucks for this place. Address: 864 Elm St, Big Bear Lake, CA 92315 Link: https://www.redfin.com/CA/Big-Bear-Lake/864-Elm-St-92315/home/4115080 Beds/Baths: 1 bed, 1 bath, 620 squares Purchase Price (7/2023): $515,000 Asking Price: $499,000 Difference: -$16,000 Commission (5%): -$24,950 Total Loss: -$40,950 Imagine being the sucker who paid $515,000…