CALTRANS UPDATE:
*UPDATE* Big Bear area SR-18 culvert work and daytime flagging set to start on Monday, April 29! Work locations and hours remain the same. #Caltrans8
April 23, 2024 at 01:23PM

Thanks Razz. Wow is all I can say.

Nope, no map but you can just go to the AirBnb site and look at their map to see the saturation. Here is link to the city list though. [Click Here]

Jilly, that was county only. City is different entity. I don't think there is a city map but there is a list of them all and it goes for pages and pages and pages.

Excuse my ignorance on the STR's - but why on the map are there none showing in Big Bear LAKE? They all seem to be in BBC.

Hit th nail on head. STR shouldn't be a 'business model'. I have a number of newbies that jumped on at the end, overpaid severly for the property, had a good season last year but this year nothing near, and a few have sat dark now for multilple months. Most of these are on the market but at the inflated prices they paid and still want more. Now with the high interest rates, the insurance disaster, gas prices, I see a lot of short sales down the road as at least my owners don't feel the need to deal, I guess would rather deal with foreclosure. I see the repo bus picking up within the next year or so. Bring it on folks. My crew would like a place to live again that they can afford.

Many str owners I have talked to who jumped in during the covid frenzy are now upside down on their investments and in danger of foreclosure. With the pandemic free money now gone, thwy cannot find enough renters to support the str financial business models they used to buy/finance the homes.

One owner says that two years ago they rented weekdays at $200/night. Now they are empty even at $50/night. That doean't even cover utilities and upkeep.

My prediction is that you will be seeing a ton of fire sale prices on homes, repo sales. Overall house prices will start to go negative once this ramps up.

Good for people who live/work here as str's converted back to ltr.

Holy cow Razz! I just saw my neighborhood, in 2022 we had 4 STR on our block, now its 15! My owner tried to sell the home but no one could secure loan with the crap insurance available. These are people just trying to make the best of the situation. My guess is we can expect a lot more in the state as more are receiving cancellations.

The STRs next to us have been mostly empty in the past several months.. maybe used one weekend per month

[INCIDENT DISPATCH]
LEVEL 1 PAGE - 27040 STATE HWY 189 - FS -BC120 ME26 ME94 ME91 ME92 MA26 - HIGHWAY IC - CCC/RICHARD IN BIG BEAR - LEVEL PAGE - STATE HWY - FS -BC ME ME ME ME MA - HIGHWAY IC - CCC & RICHARD SAN BERNARDINO COUNTY
DETAILS: [Click Here]

[CHP DISPATCH] LAKE ARROWHEAD - REPORTED FIRE 27039 HIGHWAY 189 11:09PM [6] PER DUPE ON HIGHWAY 189 BETWEEN BLUE JAY AND 5 POINTS - HOUSE ON FIRE [SHARED] UPDATES: [Click Here]

Razz- that is a scary scary map. So glad we moved way east where our neighbors don't change daily!

WOW, that is one sobering map Razz!!!

Thank you AR!

Wow, just took a look at the county map for approved STRs. It is rather sobering and obvious that we have reached the over saturation point and the system is broken. Take a look in your neighborhood and be shocked. And we wonder why no full time rentals before $1500 [Click Here]