Pebble Beach

Coastal Commission Rules on Pebble Beach Application

Coastal Commission Rules on Pebble Beach Application

By mhodges | Published: May 9, 2012

As expected, the Coastal Commission has approved Pebble Beach Company’s revised development plan, most recently rejected in 2007. The plan is a departure from the original intent years ago to build another golf course. The approved plan includes the construction of 90 new homes. News Coverage of the approval.  The Staff Report that was the basis for the vote runs 195 pages.  

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Canada Tops List of International Buyers of US Real Estate

By Dana Bambace | Published: March 28, 2012

CALIFORNIA, Florida & Arizona Top States for International Buyers Of the $107 trillion dollars in homes sales for the year ending in March 2011, $41 billion dollars of that was purchased by international buyers. Data compiled by the National Association of Realtors shows the transactions came from over 70 countries, with the top five purchasers being Canada, China, Mexico, United Kingdom and India. With 23% of this $41 billion, Canada is tops the list of international Buyers.  Canadians have increased … Continue reading Canada Tops List of International Buyers of US Real Estate

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

By Dana Bambace | Published: February 21, 2012

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

By Courtney G. Jones | Published: February 13, 2012

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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Pebble Beach Market Snapshot

Pebble Beach Market Snapshot

By mhodges | Published: January 8, 2012

Pebble Beach Home Sales Pebble Beach is known internationally for its golf courses, magnificent estates, the Pebble Beach Lodge, and 17 mile drive.  It may come as a surprise to learn there are 2,900 developed lots in Del Monte Forest (Pebble Beach) the majority of which are homes under 2,800 square feet. While there are homes of larger size and higher price throughout the forest, the majority of the more expensive homes are located closest to the coast, the Lodge, … Continue reading Pebble Beach 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

By Courtney G. Jones | Published: January 4, 2012
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November 2011 Local Market Report

By Dana Bambace | Published: November 23, 2011

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

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November 2011 Local Market Report

By Dana Bambace | Published: November 23, 2011

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

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Fall Market Update

Fall Market Update

By Courtney G. Jones | Published: November 8, 2011

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

By Dana Bambace | Published: October 27, 2011

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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