Local Market

Latest from Debora

New Ordinance Coming in 2024 to the City of Monterey

On October 17th, 2023, the City of Monterey voted four to one to implement a new rental registry ordinance. Here's a quick summary of...

Important Ordinances in the City of Pacific Grove

Pacific Grove, located on the beautiful Monterey Peninsula, is a charming coastal city known for its natural beauty, Victorian...

Monterey County Update

Buyer demand remains higher than it was during the mid-winter slowdown. The number and percentage of listings going into contract and...

A Quick Update on the Monterey Peninsula Housing Market - March 8, 2023

Here is a quick summary of the Monterey County Market: Sales prices remain high but sellers seem to be taking note of longer days on...

A Quick Update on the Monterey Peninsula Housing Market - January 19, 2023

Here is a quick summary of the Monterey County Market: Sales prices remain high but we are starting to see price reductions throughout...

Some Things to Think About Before You Buy an Old Home

The idea of preserving the integrity of an old home is very appealing to me and I always feel so sad when I see the loss of the home's...

Where Did All The Buyers Go?

How quickly things can change and the real estate market is no exception! The last 2 years saw record sales on the Monterey Peninsula and...

Housing Shortages and Rental Prices in California

I just attended the Monterey Peninsula Chamber of Commerce Annual Leadership Luncheon. We had many of the local mayors, supervisors and...

List High or List Right? That is the Question!

When the real estate market cools, pricing a listing correctly becomes especially critical so it's important to listen to your real...

Are We Heading for a Housing Crash?

People are wondering if this current housing re-balancing is going to be the same as the 2007-10 housing crash? It seems very unlikely...

A Quick Update on the Monterey Peninsula Housing Market - July 19, 2022

Here is a quick summary of our local market: In the area I monitor, inventory is beginning to incline but still tracking below...

A Quick Update on the Monterey Peninsula Housing Market - May 17th, 2022

Here is a quick summary of our local market: In the area I monitor, inventory is beginning to incline but still tracking below...

A New Assembly Bill Might Impose Additional Taxes on Properties Sold Within 3 Years of Purchase!

Here's something to keep an eye on......Assembly bill 1771 (The California Speculation Act) introduced in 2022 would impose a 25% tax on...

Million Dollar Houses - The New Normal

I think it's no surprise to any Californians that million dollar homes are becoming the norm not the exception. On the Monterey...

A Quick Update on the Monterey Peninsula Housing Market - March 8th, 2022

Here is a quick summary of our local market: In the area I monitor, inventory continues at an all time low tracking at about 35% of March...

A Quick Update on the Monterey Peninsula Housing Market - December 8th, 2021

Here's a quick summary of our local market: Inventory continues at an all time low. We are tracking about 69.7% behind December 2019...

Market Update for the Monterey Peninsula

Here's a quick summary of our local market: Inventory is at an all time low. In the local area I monitor, we are tracking about 38%...

6 Good Reasons to Own a Tiny Home

Tiny houses have been trending for a few years but they continue to hold appeal. Pacific Grove has quite a few homes that are under 700...

A Quick Update on the Monterey Peninsula Housing Market

Here's a quick summary of our local market: Inventory is at an all time low. We are tracking about 61% behind August 2019 listings in the...

Is the Market Cooling?

The market may be shifting and it looks like buyers might see the light at the end of the tunnel. No big changes but there is a sense on...