Things generally calm down a bit after large events and prior to the Spring selling season really kicking off, and that's what seems to be happening this year. Last week, the market forged forward, steadily. For buyers, often this can be a good time to pick up a new home, before things get more competitive. There were 4 closed transactions in Carmel last week, most in the prime areas. An ocean view 2...

While most of us revel in the golfing culture and tournament festivities on the Peninsula, I think I speak for the majority when I say we were happy to get back to life as usual last week. After an intense drought, we were fortunate to have some on and off showers - not quite enough, but enough to keep us in the game. Luckily, last week the city council of Marina voted 3-1 (who the heck votes against MORE...

Well, the AT&T golf tournament is over and crews will now start the long process of deconstructing all the bleachers, tents and sky boxes erected over the last month. Jimmy Walker won yesterday afternoon for the Final at 11 under. As always, the tournament brought with it the most inclement weather in the last year. Of course during the worst drought in years, we would still get rained out during the...

This week is one of the biggest of the year for the Monterey Peninsula, and my personal favorite! As far back as I can remember, I was working the food tent on the 14th fairway with Ron and Tom Faia, braving the gale force winds and rains, letting nothing stop us from serving those delicious ten dollar, nitrate-infused hotdogs and poor boy sandwiches benefiting the Carmel Youth Center. Those things...

With the annual AT&T  Pebble Beach Pro-Amateur golf tournament coming to town next week, residents of the Monterey Peninsula are bracing themselves for the usual influx of tourism and.......Real Estate buyers! AT&T kicks off Monday, February 3rd with the traditional rush of calls on Carmel & Pebble Beach properties from out of towners. This can be a great time to have your property on the...

Last week a small wave of new inventory began to hit the market in the Downtown Carmel area. About time, right! While the lower inventory numbers have been great for my seller's asking prices, many of my buyers have been forced to shelve their purchase goals for the time being. Now with this new wave of inventory, we should see more potential buyers reengage, and a rise in transaction numbers. Carmel...

Carmel January is historically our slowest month for Carmel & Pebble Beach real estate. Last week Carmel gave us 3 closed sales, albeit all but one were in our lower price points. We did see a remodeled 3 bed, 3 bath cottage with a well manicured English garden close escrow on Guadalupe Street, just outside of city limits in the Carmel Woods area near Carpenter and Highway 1 for $1.26M. Carmel started...

Even with Carmel's velocity reduced due to many people bringing in the New Year with Friends and family, we still had 2 whopper closings last week; one on Shafter Way in the Hatton Fields estate area for $4.475M, and another on Isabella Ave on Carmel Point for $4.625M. Both homes were over sized for their respective areas, and each was meticulous in detail and repair. There were also 2 new pending sales;...

2013 marked an incredible turnaround in our Carmel and Pebble Beach real estate markets, and over the greater Monterey Peninsula and Central Coast as a whole. Price increases averaging around 15% to 30% were not uncommon, with parts of Silicon Valley and the Bay Area actually at values higher than 2006. For the most part, I didn't see the luxury market in Carmel and Pebble Beach hit quite those same...

Carmel finally proved to us that it was, indeed, the holidays last week with zero, nada, closed transactions. It did however bless us with 3 new sales over the holiday week. I had a feeling this would be the case, indicated by the heavy buyer activity we were getting on either side of the big day- not a normal, annual thing. None of the 3 sales were in the high high end, but there was a sale of note on the...