when rents are as high as mortgage payments: When rents are as high as mortgage payments - 04/23/14 12:56 AM
In Carmel-by-the-Sea here on the Monterey Peninsula, rents for a single family home are very high. For a house that is not in very good condition or location but still in or within walking distance of the city, rents for long term leases start at $2,500/month to about $3,500. One in a good location, well, that costs more, much more. Many of our homes are second homes and only available as vacation rentals. 
SO YOU CAN CONSIDER YOURSELF LUCKY TO FIND A 'REASONABLE' RENTAL.
Competition for these long term rentals is fierce. The moment one hits Craigslist, the agents get a … (4 comments)

 
Hella M. Rothwell, Broker/Realtor®, Rothwell Realty Inc. CA#01968433 Carmel-by-the-Sea

Hella M. Rothwell, Broker/Realtor®

Rothwell Realty Inc. CA#01968433 Carmel-by-the-Sea

Carmel by the Sea, CA

More about me…

Address: Su Vecino Court, 5th & 6th Lincoln and Dolores, P.O. Box 4554, Carmel-by-the-Sea, CA, 93921

Mobile: 831-626-4000



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