Current shortage of inventory creates fierce competition for Carmel Real Estate
Shortage of homes for sale creates fierce competition
The newest problem for the slowly improving Carmel real estate and Carmel Valley real estate housing markets isn’t a shortage of serious buyers, it’s a shortage of good homes.
Would-be buyers are packing open houses and downtown Carmel-by-the-Sea real estate and scrambling to make offers on properties before they are even listed. Bidding wars are erupting and driving prices higher and higher. Potential sellers and /or investors looking to trade up or down of Carmel homes , Carmel Valley homes or Pebble Beach homes , should start thinking about taking advantage of the growing demand on the Monterey Peninsula.