There are a few listings around Carmel Valley that came out hot this year…..but haven’t sold.
Will buyers snap up the less-expensive offerings, in spite of a flaw or two? Or will they wait?
The REO in this video may not be a perfect test, because it’s down around where investors might get interested. But it appears that closed sales are stumbling a bit around the CV – last year there were 31 detached closings between Jan 1 and Feb 10th, while this year there were only 23.