Current shortage of inventory creates fierce competition for Carmel Real Estate

  • 12 years ago

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.

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