Historically Low Housing Inventory

Of all the Monterey Peninsula cities, Marina has the lowest active inventory for single family homes. It is at a stunningly low 13! The average list price of these few homes is $302,000. There are only 28 homes pending in Marina...

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Conforming loan limits change would impact California housing

More than 30,000 California families will face higher down payments, higher mortgage rates, and stricter loan qualification requirements if conforming loan limits on mortgages backed by the Federal Housing Administration (FHA),...

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Decline Nationwide in Homes Sales

Various forces pushed existing home sales for May into a decline, the National Association of REALTORS® reported last week. Sales of single-family homes, townhomes, condominiums and co-ops declined 3.8 percent to an annual rate...

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Slow Housing Recovery

Jed Smith, managing director of quantitative research for the National Association of Realtors, characterized the economic upturn as “a mediocre recovery,” and a “very slow recovery … largely because of...

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Employment Reports and Mortgage Interest Rates

The mixed reports for Employment/Unemployment last week led to a drop in mortgage interest rates. The continued lack of economic growth caused mortgage rates to fall again last week, bringing rates down to new 2011 lows....

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Panoramic Bay Views & Sparkling Night Lights

Looking out to Monterey Bay, step into this completely remodeled pied-a-terre...

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Carmel-by-the-Sea

The vision for Carmel began in the early 1900′s.  A group of educators, artists, professors, poets, musicians gathered in the pine forests along the coast to appreciate the natural beauty.  Through the years, homes of...

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