Dear Friends, Things are looking strong for the selling season this year. I'm expecting some nice price increases over the course of the Summer, as well as some heavy buying volume. Quite a few of you are headed to town after the April 15th tax filing deadline to look at properties with me. Normally, I see a strong influx around this time, as people have a better idea of how much they can afford to spend...
2014
Slight uptick and some nice closings (a total of 6) for Carmel real estate last week. An over-sized European cottage on Casanova & 12th closed escrow for $3.5M. Couple others in the prime areas, including a well appointed, newer cottage on Lopez & 4th that closed for $1.65M and a dated home with good bones on Carmel Point at 2479 17th Avenue for $1.485M. Another 6 new pending sales, none of which...
Carmel real estate picked up the pace last week with 5 closed sales, most notably New England style cottage in the Golden Rectangle on the corner of San Antonio & 11th for $2.05M, with 2 beds and 2 baths, and a peek of the whitewater. Other interesting sales were a slightly over-sized vintage Carmel cottage closed on San Carlos & 13th for $1.2M, and a stunning remodel on a private knoll and...
This week's numbers paint a pretty good picture of where things are heading for Carmel this season. While closed transactions were down to just 1, new sales jumped up in our Carmel real estate market to 9. Our single closing was in the Carmel Woods area on Santa Fe & 2nd for a nicely finished home at $1.6M. Of the 9 new sales, the most notable was a sale on Scenic & Ocean, just inside the Golden...
We're fast approaching the home stretch for tax filing dates, and we here in the real estate industry are starting to see things pick up as a result. More would-be buyers now know how much they can spend on real estate, and they're ready to take advantage of the upward momentum of the Carmel and Pebble Beach markets. As we saw towards the end of last year, the high end finally began to take off, and we're...
Things generally calm down a bit after large events and prior to the Spring selling season really kicking off, and that's what seems to be happening this year. Last week, the market forged forward, steadily. For buyers, often this can be a good time to pick up a new home, before things get more competitive. There were 4 closed transactions in Carmel last week, most in the prime areas. An ocean view 2...
While most of us revel in the golfing culture and tournament festivities on the Peninsula, I think I speak for the majority when I say we were happy to get back to life as usual last week. After an intense drought, we were fortunate to have some on and off showers - not quite enough, but enough to keep us in the game. Luckily, last week the city council of Marina voted 3-1 (who the heck votes against MORE...
Well, the AT&T golf tournament is over and crews will now start the long process of deconstructing all the bleachers, tents and sky boxes erected over the last month. Jimmy Walker won yesterday afternoon for the Final at 11 under. As always, the tournament brought with it the most inclement weather in the last year. Of course during the worst drought in years, we would still get rained out during the...
This week is one of the biggest of the year for the Monterey Peninsula, and my personal favorite! As far back as I can remember, I was working the food tent on the 14th fairway with Ron and Tom Faia, braving the gale force winds and rains, letting nothing stop us from serving those delicious ten dollar, nitrate-infused hotdogs and poor boy sandwiches benefiting the Carmel Youth Center. Those things...
With the annual AT&TÂ Pebble Beach Pro-Amateur golf tournament coming to town next week, residents of the Monterey Peninsula are bracing themselves for the usual influx of tourism and.......Real Estate buyers! AT&T kicks off Monday, February 3rd with the traditional rush of calls on Carmel & Pebble Beach properties from out of towners. This can be a great time to have your property on the...