Carmel Valley

Carmel Valley Real Estate Market Update

Carmel Valley Real estate update including a discussion of sales price, inventory and residential home sales.

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Looking Back at 2011 – Year-over-Year Sales Review – Monterey Peninsula

2012 is already well under way!!   I trust the New Year has started off well for you and your family.    The local real estate market jumped into the New Year with a great amount of positive energy!  I personally had three properties in escrow within the first week of the New Year.   Those clients, just like many others, finally moved off the sidelines and were ready to take advantage of the great prices and deals available, not to mention the … Continue reading Looking Back at 2011 – Year-over-Year Sales Review – Monterey Peninsula

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Real Estate Market Snapshot: Carmel, Carmel Valley & Pebble Beach

Real Estate Market Snapshot: Carmel, Carmel Valley & Pebble Beach

Much of the nation had its eyes on Pebble Beach this past week with the 2012 AT&T National Pro-Am. With the conclusion of the tournament I always get a lot of questions about how this attention affects our real estate market. Yes, we have a number of people dining at our restaurants and staying in our hotels, but they are here for the golf. What tends to happen is a few months later we’ll get the lasting memories of that trip to … Continue reading Real Estate Market Snapshot: Carmel, Carmel Valley & Pebble Beach

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Carmel Valley Residential Market Snapshot

Carmel Valley Residential Market Snapshot

Carmel Valley pricing slipped in mid 2007 and early 2008 and then suffered an additional decline from late 2008 through the spring of 2009. By giving back value early, Carmel Valley pricing while not appreciating did appear to have found a plateau in 2010 into early 2011 with a slip in values in late 2011. Much of the pricing variability is in the highest end of the market, discussed below.  The “Valley” is the most geographically diverse of our markets … Continue reading Carmel Valley Residential Market Snapshot

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Happy New Year! Calendar of Events for 2012 on the Monterey Peninsula

Happy New Year! Calendar of Events for 2012 on the Monterey Peninsula

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November 2011 Local Market Report

The November 2011  Local Market Report for the Monterey Peninsula   HAPPY THANKSGIVING! “Expressing true gratefulness is difficult in one day, for grateful deeds span throughout the year. So along with your friends and family, wish everyone the heartiest thanks.  Happy Thanksgiving Day!” (anonymous)   Onto the monthly market updates….   MARKET News Good news! Lawmakers just voted last week to restore loan limits for the Federal Housing Administration (FHA)  to pre-Oct. 1 levels.    Do note, the restoration will … Continue reading November 2011 Local Market Report

Also posted in Carmel, Monterey, Pacific Grove, Pebble Beach, Real Estate Markets | Comments closed

November 2011 Local Market Report

The November 2011  Local Market Report for the Monterey Peninsula   HAPPY THANKSGIVING! “Expressing true gratefulness is difficult in one day, for grateful deeds span throughout the year. So along with your friends and family, wish everyone the heartiest thanks.  Happy Thanksgiving Day!” (anonymous)   Onto the monthly market updates….   MARKET News Good news! Lawmakers just voted last week to restore loan limits for the Federal Housing Administration (FHA)  to pre-Oct. 1 levels.    Do note, the restoration will … Continue reading November 2011 Local Market Report

Also posted in Carmel, Monterey, Pacific Grove, Pebble Beach, Real Estate Markets | Comments closed
Fall Market Update

Fall Market Update

If you read the paper or watch the news it’s no doubt you’ve heard that the real estate market is not getting any better, and may even be getting worse – from a national perspective. Growth is flat at best, we have real structural issues to our economy that can’t be fixed overnight and we’ll probably have another 5-7 years of slow growth. But I’d like to make the case that Northern California is the anomaly. Real Estate is more … Continue reading Fall Market Update

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October 2011 – Monthly Local Market Update

Dear Friends…. October has flown by, but not before I have the opportunity to share with you my monthly market update for the Monterey Peninsula area. As you know, earlier this month, our official amount for conforming loans was lowered from the $729,500 to $483,000. This reduction of the loan amount has taken an affect on several buyers and according to a survey completed by National Association of Realtors, has accounted for 16% of buyers walking away from a home … Continue reading October 2011 – Monthly Local Market Update

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September Market Numbers for Monterey County

Monterey Peninsula Monthly Market Update SEPTEMBER 2011 Dear Friends…. It is my favorite time of year on the Peninsula, gone are the foggy days of summer, in comes the sunshine and the quiet beauty of the Fall season. Here is a quick overview of the market trends based on the August numbers. Next month’s numbers will be even more interesting, as we will have a chance to see if there have been some changes from the step down in our … Continue reading September Market Numbers for Monterey County

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