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 in Carmel homes, Carmel Valley homes, or Pebble Beach homes, should start thinking about taking advantage of the growing demand on the Monterey Peninsula.
