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
Carmel
Monterey Peninsula Water Credits and their Importance When Buying or Selling a Home
Also posted in Carmel Valley, Pacific Grove, Pebble Beach, Seaside, Water Issues Tagged Monterey Peninsula Water Management District, water credits Comments closed
Carmel River School “Over Crowding” Back in the News
The Carmel School District is recognized as one of the best school districts in California. (Great Schools ranking of the Carmel School District.) With the financial pressure on public schools given the California budget crisis, some neighboring districts are suffering with growing class sizes and reduced resources. We are lucky that the Carmel School district is well run and has a history of excellence along with a healthy tax base (although not as healthy as it once was.) We are … Continue reading Carmel River School “Over Crowding” Back in the News
Are Banks Changing Their Strategy on High End Foreclosed Homes in Carmel and Pebble Beach?
Over the last six months the attitude of the banks selling REO (foreclosed properties) in Carmel, Pebble Beach, and Carmel Valley has certainly shifted. Initially, as the foreclosure wave began, the banks treated all foreclosed properties in much the same way. The key criteria was speed of sale. The banks would price the property to sell and hopefully even close escrow within 30 days of listing. Recent Carmel foreclosed homes range in the number of “Days on Market” but the … Continue reading Are Banks Changing Their Strategy on High End Foreclosed Homes in Carmel and Pebble Beach?
Small town Carmel; Golf, Car Shows, and Office Openings.
Sometimes people ask me why I live in such a small town. I often tell them that I enjoy the relaxed atmosphere, and the slow tempo of Carmel. Or that I really like the fact that when I walk the streets of Carmel going to our from the Carmel Realty office to the Post Office, I know a lot of the people I see. And, most of the time, Carmel is a small coastal town; however, there are a few … Continue reading Small town Carmel; Golf, Car Shows, and Office Openings.
Recent Foreclosed / REO Home sales in Carmel, California
Carmel Foreclosed Home Sales in Last Six Months At the moment there are only three foreclosed homes listed for sale, but over the last six months a total of ten bank owned homes have sold in Carmel, California. On the high side there was a 4,226 square foot home at 24802 Eastfield Place that sold for $1,450,000 in March. The other extreme was a home on Canada Lane that sustained major damage when a tree fell through the roof. Some … Continue reading Recent Foreclosed / REO Home sales in Carmel, California
Currently Listed Carmel California REO / Foreclosed Homes
We do have foreclosed homes coming to market here in Carmel, California. While the number of foreclosures is well below the national average, they still have an impact on the market and are occasionally “deals” that are snapped up quickly once they are listed. Having said that, there are also times that investor (usually but not always a bank) lists a property at an unreasonable priced based on criteria other than market value and the home for sale will sit … Continue reading Currently Listed Carmel California REO / Foreclosed Homes
The Importance of Properly Pricing a Home to Sell
Selling a home in Carmel or Pebble Beach California can be challenging for a number of reasons, not least of which, this is a discretionary market:No one is ever forced to move here. There aren’t companies sending employees here or demanding that people live here to work for them. Many of the homes in our area are second homes. How Most Home Buyers Approach Carmel and Pebble Beach Proper pricing of a Carmel or Pebble Beach home is even more … Continue reading The Importance of Properly Pricing a Home to Sell
Also posted in Market Update, Overall Market, Pricing Tagged Carmel Real Estate, Pebble Beach Real Estate, Real estate analysis, Real Estate Market Comments closed
Water Stay Lifted on Monterey County Water Use
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
Also posted in Carmel Valley, community, Pebble Beach, Water Issues Tagged Carmel, Carmel Valley Real estate, Monterey Peninsula Water Management District, Pebble Beach Real Estate, water credits Comments closed
Carmel-by-the-Sea Home for Sale with “legal subordinate unit,” and What That Means.
Carmel has a surprisingly long list of restrictions for a town of only one square mile. Of course, it is that same list of restrictions that assures that Carmel remains a quaint village of small homes with more trees than full time residents. Most lots in Carmel are 4,000 square feet. Not the house, the lot. These 40X100 lots are sometimes combined into 1 and half lots or double lots and in a couple of rare cases even triple size … Continue reading Carmel-by-the-Sea Home for Sale with “legal subordinate unit,” and What That Means.
Also posted in Home Search, listing Tagged Carmel By the Sea, Home for Sale, Subordinate Unit Comments closed
1 March 2009 Carmel Real Estate Market Update
As we move into March there are 240 homesfor sale in the greater Carmel area (Carmel-by-the-Sea and the surrounding area), with properties taking about 180 days to sell…. These days, the number of sellers that “give up” is well above past years. This is reflected in the higher number of expired and canceled listings. As the Carmel real estate market has softened I have seen buyers shift their attention from areas such as Carmel Woods or south east neighborhoods of Carmel-by-the-Sea to … Continue reading 1 March 2009 Carmel Real Estate Market Update
Also posted in Market Update, Recent Sales Tagged Carmel Market Update, Carmel Real Estate Comments closed
