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pacific grove: "Local Market Percolating" - 03/30/07 02:02 AM
Local Market Percolating According to the statistics, Monterey County is in a raging buyers' market. In reality, not quite! Although there is a lot of interest and pent-up demand and buyers making offers, sellers aren't budging much from their asking prices. Consequently, few deals are being struck, and, of those that are, a very high percentage are falling out of escrow. Title companies on the Peninsula are guesstimating that 30-50% are falling through. With that in mind, please take these numbers with a grain of salt. These numbers reflect general trends and have little bearing on any particular home in any … (0 comments)
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pacific grove: Average Home Price Tops $1,000,000 in Monterey County - But Don't Be Fooled! - 02/14/07 04:13 AM
Ok, now that I've got your attention let's take a look at this a little more closely.
The average home price rose 24.8% in January, 11.5% higher than the previous record set just one year ago. Playing a major role in setting this new record were individual home sales of $11 million, $8 million and a couple over $4 million on 125 total sales for January. All in all, that took the average just over a million to $1,119,986!
Let’s break this down to a more realistic assessment of our current state of the market for Monterey County:
The … (1 comments)
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pacific grove: Growing up in Pacific Grove - 02/02/07 03:14 PM
As a young boy, growing up in Pacific Grove was a wonderful experience. Dubbed by many as, "America's Last Hometown", Pacific Grove is a beautiful, quaint community nestled on the Pacific Ocean on the Monterey Peninsula. Pacific Grove sits between Monterey and Pebble Beach; Carmel by the Sea is just over the hill or a fairly straight shot through Pebble Beach. This map will give you a great visual: Pacific Grove, CA.
I was raised by my grandparents and for many years we lived right on the corner of Grove Acre and Sinex. One of the best parts about it … (2 comments)
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Chris Segovia
Carmel,
CA
More about me…
Keller Williams Realty
Office Phone: (831) 622-6200
Cell Phone: (831) 682-2138
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