Middle-Upper-End CV

by | Feb 13, 2011 | Bubbleinfo TV, North County Coastal, REOs Coming to Market | 11 comments

There haven’t been that many higher-end REOs around Carmel Valley – in the last four years there have only been 48 million-dollar houses foreclosed in 92130.  In the same time period, there have been 659 MLS sales over $1,000,000 in the CV:

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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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11 Comments

  1. Kathy
    Kathy on February 13, 2011 at 8:34 pm

    I swear you know more about what is happening in Derby Hill than the residents do. If you ever decide to switch careers, you’d be a great private detective.

  2. tj & the bear
    tj & the bear on February 13, 2011 at 9:55 pm

    Ummm, a luxury home wherein getting from the kitchen/greatroom to the master (and vice versa) requires going to a staircase at the far end of the house? :scratches head:

  3. Anonymous
    Anonymous on February 13, 2011 at 11:09 pm

    The McMansion parade on this site is getting old.

  4. Jim the Realtor
    Jim the Realtor on February 13, 2011 at 11:31 pm

    I’m showing you all there is for sale, nobody is selling their cool houses.

    You’re welcome to go away.

    Better yet, start your own blog with cool houses for sale, we’d like to see them.

  5. Susie
    Susie on February 14, 2011 at 12:03 pm

    *Chuckle* I just love the “chirping” as you stroll through this foreclosed McMansion, Jim. Spring must be coming–the little birds are all a flutter…

  6. GeneK
    GeneK on February 14, 2011 at 12:26 pm

    To what extent does the lack of “cool houses” contribute to lower sales volumes? When most of the houses all seem to be popped from the same mold, what causes prospective buyers to decide that any one of them is THE house that they want to live in enough to buy despite the current state of the market?

  7. Downturn
    Downturn on February 14, 2011 at 12:32 pm

    …what causes prospective buyers to decide that any one of them is THE house that they want to live in enough to buy…

    Price??

  8. GeneK
    GeneK on February 14, 2011 at 1:24 pm

    If you think there won’t be another similar house listed for a lower price in a few months, sure. How many prospective buyers think that now?

  9. Deb
    Deb on February 14, 2011 at 1:39 pm

    We’re waiting for the unique home, could be location/lot/semi-custom/newer/older/modifications/updates/view/not cookie-cutter/cookie-cutter with upgrades/landscape and any combination. You see, we are quite flexible-but still particular. Then wrap that into ‘we ain’t gonna pay too much’. The concept of ‘too much’ is a moving target based on the aforementioned and condition.

  10. Geotpf
    Geotpf on February 14, 2011 at 8:23 pm

    I agree with tj; that is a very odd floor plan. Long and narrow with the staircase opposite both the master bedroom and the kitchen/greatroom. Most houses are more square than that with the staircase in the middle.

  11. Clearfund
    Clearfund on February 14, 2011 at 8:59 pm

    #4…always enjoy it when JTR is in attack mode protecting his kingdom.

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