The Carmel Valley market can probably be split into two separate segments, under and over $1,000,000.  With the Fannie/Freddie/FHA limit being $697,500 and most buyers having a healthy down payment, the supply and demand is fairly balanced under $1,000,000.  It’s when you go over $1 million that it gets a bit squishy. 

I’ve been a big proponent of agents doing their own video tours of listings, and this guy has one!  It probably played a role in him finding his own buyer in just seven days: http://www.youtube.com/watch?v=y8iQPpi6sOo

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Jim the Realtor
Jim is a long-time local realtor who comments daily here on his blog, bubbleinfo.com which began in September, 2005. Stick around!

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