Please find below Closed Escrows, New Listings and other updates from Carmel Realty Company. To view all of our homes for sale in Pebble Beach, Carmel and Carmel Valley, California, visit our Real Estate Listings page on our website, www.carmelrealtycompany.com. Also find us on Facebook and on Twitter @Carmel_Realty. Special congratulations to the Mitchell Team and Mike Canning & Lynn Knoop on 1495 Padre Lane. Stunning home on Pebble Beach with amazing views (see photo to the left). CLOSED ESCROWS … Continue reading The Brokers’ Newsletter – Week of March 18, 2013
The 2012 National Association of Realtors Profile of Home Buyers and Sellers survey reflected that 90 percent of homebuyers used the Internet in their research. Of that 90 percent, 54 percent used their local MLS site, 51 percent used Realtor.com, and 47 percent used a broker’s website. For the second year in a row, more buyers found their homes on the Internet (42 percent) than heard about it from a real estate agent (34 percent). Ten percent of buyers learned … Continue reading Providing Relevant Information to Buyers and Sellers
Election Day has passed, the news media has moved onto the Fiscal Cliff Drama and Petreaus affair. On this blog, though, it seems like a good time to assess the 11 Propositions that appeared on Californians’ ballots and the potential impact to current and potential homeowners. The table below details the measures that appeared on our ballots; click the title to learn more about each one. I’ve aslo offered some details regarding Proposition 30 and Proposition 39, which should be … Continue reading Summary of the California Ballot Measures
Living on the Monterey Peninsula, we have the privilege of sharing space with Defense Language Institute and the Naval Post Graduate School. Our armed service members come to the Peninsula to learn, grow and experience all we have to offer. Each of our communities offer something, from the Pebble Beach’s Scenic Drive to Carmel-by-the-Sea’s shopping. Please take a moment to thank a service member today. -Malone
Carmel Valley Real estate update including a discussion of sales price, inventory and residential home sales.
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
Water Credits or Fixture Units Are An Important Part of a Home’s Value We take water usage very seriously here on the Monterey Peninsula. In fact, we have a government authority that is in charge of water, called the Monterey Peninsula Water Management District (MPWMD) which was formed in June of 1978. To use water on the Monterey Peninsula, including Carmel, Carmel Valley, and Pebble Beach, one needs a permit from the MPWMD. You can’t install a water meter on a … Continue reading Monterey Peninsula Water Credits and their Importance When Buying or Selling a Home
Trading a Home for a Home, or a Boat, or a Plane, or ? Every Realtor has heard a variation on the story of a buyer coming to them with an offer that goes beyond a creative financing proposal. Occasionally it is a straight trade for property elsewhere but on occasion the buyer might propose a trade for an airplane, a time share plus cash, and in at least one case I know of a race horse. While these deals … Continue reading Trading Houses? With the Difficulty in Securing Jumbo Loans Folks are Making Trades.
The water situation on the Monterey Peninsula (Carmel, Carmel Valley, Pacific Grove, Monterey, Pebble Beach) is about as clear as mud– so stay with me for a quick synopsis and an update. Cal-Am, the local water company, is violating a number of orders/laws/regulations by “over pumping” the Carmel River. Most of the restrictions have to do with protecting the Steel Head breading that occurs in the river. This over pumping/water shortage is the basis for the existence of the Monterey … Continue reading Water Stay Lifted on Monterey County Water Use
I took some clients to the Santa Lucia Preserve this weekend to look at both lots and finished homes for sale. It is a truly beautiful place. To most folks “The Preserve” brings to mind the award winning Tom Fazio golf course and the exceptional homes that are found behind the Preserve gate. However, for those with homes and lots within the 20,000 acres “The Preserve” describes much more. A Bit of History Before the arrival of the Spanish missionaries, … Continue reading The Santa Lucia Preserve, A Brief History