As prices rise, the inferior locations are the first to feel it - although this is an extreme example. But hey, it's Carmel Valley!
Carmel Valley PHR
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Carmel Valley
California Real Estate Today
June 10 (Bloomberg) -- John Burns, Chief Executive Officer at John Burns Real Estate Consulting, discusses the influence of foreign buyers on California’s high-end real estate market and the distortion of the haves and have-nots in U.S. housing:...
CV Watermark Tour
It is bad enough that the demand for new homes in CV is off the charts, but look how close the houses are for the money - up to $1.35 million, and no front yard landscaping either!
CV Multiple Offers
Bryce's new CV listing is benefitting from the other Pardee developments nearby - it's easier to choose between house A or B based on timing, rather than trying to decide yes or no on a single house. Here is a video tour:
Relative Deal
There hasn't been many times recently that we've seen a Davidson home for sale on a culdesac in Carmel Valley for low-$300s psf:
CV Sea of Homes?
When every seller pushes for a higher price, eventually something has to give. Today there are 109 houses for sale in the 92130 (median LP is $1,349,000), and buyers are getting fussier:
CV – How Much Above Peak?
In the comment section of the previous post we were talking about how our government insists on pushing moral hazards upon us. But some aren't that concerned - at least not around Carmel Valley:
Stucco Valley
Buyers are optimistic enough about the potential increase in inventory - heck, we're at historic lows - that they aren't going to jump this high, this early:
CV C-Run
The lower-end newer homes in Carmel Valley aren't having any trouble attracting buyers. This went pending on Day Nine, and they weren't showing it the first few days. The sellers paid $799,000 when new in May, 2009, and this sale closed for $961,500 on 12/30/13 (a...
Carmel Valley New Listing
Here is a tour of Richard's new listing in the 92130. There were 25 groups who came through open house today in the rain, 2 1/2 weeks before Christmas. Sunday's open house is cancelled, offer accepted!
