This first house has been for sale since early 2005, when listed for $5,499,000 during construction:
Frenzy Patrol
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Frenzy
CV Canyon Ocean Fair View
I don't think he will have much trouble selling this one, but it'll be a good frenzy-meter:
Frenzy Report
From Bloomberg.com: NEW YORK -- Home prices are beginning to rise after a six-year slump in cities from San Francisco and Seattle to Miami with jobs and lifestyles that appeal to younger and affluent buyers. “A number of the cities that have done the best have been...
Carmel Valley Tester
With supply of new listings being sluggish, and buyer demand overheating with historically low rates, people were saying earlier that prices are bound to go up. But will they, and if so, how fast? Let this CV listing be a test. The last sale of this model was in...
Carmel Valley Above Peak Prices
Except for the five-second listing in the very beginning, six houses on this Carmel Valley street have sold for more than what the sellers paid at the peak (four closed, two pending):
Accidental Flipper
There isn't anything here that the seller or agent did to warrant a big increase in value - yet buyers are willing to pay at least 10% more only 1-2 months later?
Flipper Frenzy On Fire
Several readers have sent in stories over the last 2-3 days about the big investment groups. These two stories mention the same company, Waypoint, but from different angles: WaPo: http://www.washingtonpost.com/business/2012/03/31/gIQAVOgDoS_story.html N. Y. Times:...
Buyers Flocking to Turnkey Homes
The first house shown in this video is on the same street where we saw the stinky short sale that closed for $368,000 in December. The rest of the comps in this area have been $450,000 to $500,000, with a 3,004-square-footer closing last month for $505,000. But that...
View Of…
The enthusiasm around Carmel Valley is running unabated. If the yard was good enough, could you ignore the rest?
Carmel Valley High-Enders
A few scattered sales doesn't make a market, but they can sure give sellers hope:
