“A Crisis is a Terrible Thing to Waste.”

by Ben Heinrich on December 18, 2009

Remember the frog sitting in the water as it slowly heats?  He never feels the problem because it happens in such a slow and gradual manner, until he is finally cooked. So be it with many of the important issues facing the Monterey Peninsula.

Stanford economist Paul Romer has said: “A crisis is a terrible thing to waste.” On the Monterey Peninsula we are definitely at the crisis point when it comes to water and the 30 years of slowly raising the temperature. The Cease and Desist Order placed on Cal Am creates an opportunity to finally face the issue head on and solve the problem. There are no longer any excuses for delay.

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A Perfect Storm for Buyers?

by Ben Heinrich on November 26, 2009

real-estate-perfect-storm

As in no other time in my 32 years real estate experience, the stars are aligned for buyers. In fact we may be in the midst of a generational “Perfect Storm”. Consider the following factors:

1. Prices of existing and new homes are at exceptional lows. Add to that…

2. Interest rates are at lows we haven’t seen in some time. Plus….

3. The Federal Government has created tax incentives to encourage buyers in this market.

This is an amazing time to be a buyer. I only hope the buyers are seeing objectively the opportunities before them. Sometimes things can hide in plain sight.

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Home Inspection Reports – Timing Is Key

November 6, 2009

Preparation is the key element in successfully selling a home. The first and most important step in preparation is completion of a Home Inspection. Sellers often ask, “What should we do to make our home as attractive as possible?” We consistently answer , “Lets complete a Home Inspection. It is the best investment you [...]

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Buyer Behavior … Nearing a Bottom?

October 19, 2009

As reported in a recent Blog, Carmel sales are showing much improved numbers. According to many market experts nationally and in California, the real estate markets appear to be forming a bottom. We see this locally on the Monterey Peninsula, especially in the lower price ranges. Are we at or near the bottom on the [...]

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Question of the Week: Pendings in Carmel

September 11, 2009

How many single family homes in Carmel went “pending sale” in the last 30 days?  Hint:  In the previous two 30 day periods the total pending sales were 16 and 15.
a)  10
b)  15
c)  22
d)  30
The answer is…D, 30!  Yes, 30 homes went pending in the last 30 days in Carmel.  This is a BIG number!  [...]

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Sophisticated Living: Our Latest Carmel Listing

August 31, 2009

Check out our latest listing, a sophisticated remodel in the sought-after Arroyo townhome complex near the Crossroads in Carmel.  You should see the inside!  Offered at $695,000.

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Question of the Week: Carmel Valley past year’s sales

August 27, 2009

For this week’s question we turn our attention to Carmel Valley and ask…how many Carmel Valley single family homes have sold in the past year?  Here’s a hint: the previous years’ totals going backwards were 54, 84, 88, 146, and 169 sales (wow, 169 sales in a year, remember those days!):
a) 45
b) 57
c) 66
d) 74
…and the answer is… [...]

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Carmel Market Update: Picking up Speed

August 17, 2009

Monterey Car Week is now behind us, and it’s time to get back to work and focus on real estate.  But before we do, let’s take one more look at this year’s Pebble Beach Concours “Best in Show”, the 1937 Horch 853, known to this year’s attendees as “The Horch”.  What a stunning car…and now [...]

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Corner Cutie: Our latest Carmel Listing

July 22, 2009

Interested in a nice Carmel home on a 6000+ sf for under $700,000?  Your wait is over with this Corner Cutie at 25325 Hatton.  Take a look!

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Spectacular Spindrift: Our Latest Carmel Highlands Offering

July 22, 2009

Take a look at our new listing at 156 Spindrift in the Carmel Highlands.  This 3BR/3BA, 3250 sf comfortable contemporary residence on 1 acre boasts some fantastic outlooks to the cool blue ocean.

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