Short sales are occurring across all price levels on the Monterey Peninsula with the one home in Pebble Beach currently listed for sale at $5,950,000. These transactions can be complex with nearly always a “second” loan and often a third. In these cases the negotiation between the seller and the lenders is often the more challenging and time consuming than the negotiation between the seller and buyer. As a buyer of a short sale it is imperative that your agent … Continue reading Pebble Beach and Carmel Short Sales, Complex Financial Transactions
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
Posted in Carmel, Market Update, Overall Market, Pricing Also tagged Carmel 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
Posted in Carmel, Carmel Valley, community, Pebble Beach, Water Issues Also tagged Carmel, Carmel Valley Real estate, Monterey Peninsula Water Management District, water credits Comments closed
Pebble Beach Real Estate Ranking in Forbes 500
Last week Forbes published their “by zip code” analysis of the most expensive zip codes. As expected, the median price of homes for sale in most zip codes fell over the last year. A year ago California accounted for 96% of the top zip codes, this year…less than 50%. Of the California zip codes still on the 500 most expensive zip codes, 83% had median prices that stayed the same or declined. Pebble Beach Pebble Beach experienced an 8% decline … Continue reading Pebble Beach Real Estate Ranking in Forbes 500
Posted in Overall Market, Pebble Beach, Uncategorized Also tagged Forbes, Homes for Sale, Market Update, Pebble Beach Comments closed
23 January 2009, Pebble Beach Real Estate Update
Market Profile There are currently 5 Pebble Beach properties in escrow ranging in list price from $1,745,000 to a vacant lot listed for $300,000. (Current Pebble Beach Pending Sales) There have been 13 closed sales in Pebble Beach since October 1, 2008, ranging in sale price from $3,150,000 to $675,000 (Pebble Beach Sales since 10/1/2008). As with other Peninsula markets, Pebble Beach remains firmly at the “buyer’s” end of the spectrum with 207 average days on market. While Pebble Beach … Continue reading 23 January 2009, Pebble Beach Real Estate Update
Posted in Market Update, Pebble Beach, Recent Sales, Uncategorized Also tagged Market Update, Pebble Beach Home Sales Comments closed
Pebbble Beach and Carmel High End Homes Tracking with National Market?
The Pebble Beach housing market has softened somewhat, more so at the highest price point. The Carmel housing market is holding its own with a bit of strengthening at the upper end. First, a look at our markets, then some national numbers. To more accurately describe the real estate sub-markets, I report the median price in Carmel and Pebble Beach in quartiles. The most expensive 25% of homes make up the first quartile, the next 25% the third quartile, the next … Continue reading Pebbble Beach and Carmel High End Homes Tracking with National Market?
Posted in Market Update, Overall Market Also tagged Carmel Real Estate, national trends, Real Estate Market Comments closed
MLS Search Tool for Carmel, Carmel Valley, Pebble Beach and the Monterey Peninsula
Why Use this Search Tool? There are a number ways to search for Property for Sale in Carmel, Pebble Beach, Carmel Valley and the surrounding areas. Many web property search tools have inaccurate data, delay notification of new listings, and don’t present all of the properties that are listed. My Private Client System emails you when a new property is listed at the same time the real estate community is updated. You can track your favorite properties, and monitor them … Continue reading MLS Search Tool for Carmel, Carmel Valley, Pebble Beach and the Monterey Peninsula
Posted in Home Search Also tagged Carmel, Carmel Valley Real estate, MLS search, Monterey Peninsula, property search Comments closed
Don't Forget Water Credits When Buying a Home In Carmel or Elsewhere on the Monterey Peninsula
Water is a precious resource. Here on the Monterey Peninsula, we take that seriously. So seriously, in fact, that we have an entire water management district to manage this precious resource. It’s called the Monterey Peninsula Water Management District (MPWMD) and was formed in June of 1978. Along with managing and allocating water, the MPWMD promotes water conservation. With these two goals in mind, the MPWMD created a system of water units and fixture credits to keep track of water … Continue reading Don't Forget Water Credits When Buying a Home In Carmel or Elsewhere on the Monterey Peninsula
Posted in Water Issues Also tagged Carmel Real Estate, Carmel Valley Real estate, Monterey Peninsula Water Management District, water credits Comments closed
