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There
has never been a better time to invest in real estate
in beautiful Big Bear. Located in the San Bernardino
Mountains in Southern California, Big Bear is surrounded
by thousands of acres of undeveloped national forest.
Nestled in a valley at 6,500', Big Bear is a four
season recreational paradise. The list of recreational
opportunities is endless; skiing, snowboarding, swimming,
fishing, water skiing, hunting, biking, hiking, boating,
tennis, camping are just some of the activities possible
in the valley. People are attracted to the area for its
natural beauty and to escape from the stress of urban
life. Playing, resting and relaxing are what most people
do when the visit Big Bear, but the smart ones also invest
in real estate.
With
only 25,000 full-time residents, Big Bear maintains a
small-town atmosphere that is becoming a rare and valuable
thing in modern times. Big Bear is the natural playground
for San Diego and Los Angeles. But it is not just a vacation
spot for Californians. License plates from around the
country and Canada can be spotted on a regular basis
in the Village, and foreign languages are heard in all
the cafes. According to sources at City Hall in Big Bear
Lake, up to 6 million tourists visit the area over the
course of a year. A certain percentage of these visitors
stay for a night or a week, making investment in rental
property in Big Bear worthwhile. Recent events around
the world have caused people to take vacations closer
to home. The tourism industry in the valley has been
booming as vacationers drive up to Big Bear rather than
fly somewhere farther away.
Locked
in by the National Forest, there is only so much room
in the valley and investing in property
here is as close to a sure bet as you can get. Property
values have been rising continually in the area. First
American Title of Big Bear Lake keeps records on Valley
deed recordings and these statistics show first quarter
closings up 160% from average. (Figures are
based on month-by-month, year-by-year statistics for
the last decade.)
Since
the stock market has proved to be a shaky investment
in the last year or so, more and more people are putting
their money into real estate instead. Big Bear is an
excellent place to have a cabin or second home, and a
great place to live full-time. Clean air, small-town
atmosphere, friendly neighbors and unlimited recreational
opportunities make Big Bear an ideal place to own property.
Quality of life is excellent in this mountain community
and owning a piece of the mountain is a worthwhile goal
for investors of all types.
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