At first glance, it looked like both lenders were paid off because the sales price from the trustee sale was recorded as $1,200,000. But upon further review (at foreclosureradar.com), the new owner actually paid $1,075,000:
CV Flipper
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Carmel Valley
Carmel Valley Project
The hits keep coming to Carmel Valley, where the mid-$800,000's range is rapidly becoming the bottom of the detached-homes-for-sale market: The property being developed across the street is described below, where they note that removing 30,000 cubic yards of dirt will...
CV Sample
Since the last peak, there has been one house in this neighborhood sell over $1,000,000 - and it was a month ago for $1,040,000. So this seller adapted a typical strategy for today - spread a big range around the last comp:
KK’s First Day
Our daughter Kayla had her first day on the job today, after graduating from college two weeks ago. She put in a 9-5 shift, with no lunch break! We did start with breakfast, where I laid out the basics in 60 minutes, which really just boiled down to one thing: Be a...
Giddy Up
The fourth Carmel Valley REO listing this year (there were ten last year):
CV Home Tour
A tour of the most-recent listing of a CV canyon-front home, in DH. I saw the house on Raven Hill that sold for $1.9 million, and I liked this backyard better:
Frenzy Killer
Why does a frenzy only last for a year? Because of the sellers' disease. Reader Sue left this comment: In Carmel Valley, I’ve seen some very premium Lexington’s go for a high price ($1.9m) but they were on extremely large view lots. Afterwards, it seemed like anyone...
Buy in Carmel Valley?
Pete was wondering if this is a good time to buy a house in Carmel Valley for $1.0 to $1.2 million. We know it's been hot all around the 92130, so let's examine the market data higher up to see if there are any threats from above. In the first half of 2012, there...
Carmel Valley Pricing Upsurge
It seems that everyone is looking for $400/sf around Carmel Valley now. At this pace, it may only take a few more months! Carmel Valley Annual Stats Year Median SP Avg $/sf Avg DOM 2010 $890,000 $340 53 2011 $892,500 $324 69 2012 $875,500 $327 58 2013 $975,000 $346...
Frenzy Tester
Four new listings of canyon-front Carmel Valley tract houses have hit the market in the last week. They joined three other similar active listings nearby, creating a full selection for buyers. One agent commented that they have a canyon-front listing in Derby Hill...
