Market Conditions in Monterey County : Advice

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Jared Taubert, Real Estate Pro in 93933
Jared Taubert answered:
Hi Why marina price drop so much in the past year ? iIs it a good time to buy in the area now ?
Prices in Marina are continuing to steadily climb. With the growth of the CSUMB, the building projects and hard work of FORA, I don't see Marina home prices doing anything but going up ... more
0 votes Share Flag Fri Dec 12, 2014 Market Conditions in Marina
Merritt Ring…, Real Estate Pro in Carmel, CA
Merritt Ringer answered:
What has the appreciation been for the last 2 years in this area of Carmel?
Jane,

The Carmel area, much to some folks' surprise, has largely tracked the national averages during, and following, the financial crisis. Our market, on average, fell about a thir ... more
0 votes Share Flag Mon Jan 27, 2014 Market Conditions in Carmel
Randall Ortiz, Real Estate Pro in Sacramento, CA
Randall Ortiz answered:
What would the monthly payment be if I put $500,000.00 cash down payment?
You should speak with a loan officer as everyone's situation is unique. Depending on your credit score, interest rate and other factors, your payment will be unique to your situation. ... more
0 votes Share Flag Thu Jan 16, 2014 Market Conditions in Carmel
Miri Kornitz, Real Estate Pro in Carmel, CA
Miri Kornitz answered:
With $500.00 down, what would the monthly payment be?
30-Year Fixed 4.5 % $4,555/mo.
15-Year Fixed 3.5% $6,427/mo.
5/1 ARM 3.25% $3,913/mo.

These are just general numbers. Please feel free to contact ERIC TSENG mortgage advisor ... more
0 votes Share Flag Wed Jan 15, 2014 Market Conditions in Carmel
jeffereyvanz…, Home Buyer in Monterey, CA
jeffereyvanzuiden2959 answered:
WHY THIS HOUSE SO CHEAP? WOULD YOU LIKE TO SEND MORE PHOTOS TO ME? THANKS!
I've seen this house. The truth is this house is too close to the airport has no yard and is in a bad school district. This house has been on the market twice in two years, do the math.
0 votes Share Flag Mon Nov 25, 2013 Market Conditions in Monterey
jovana.carba…, Renter in 95076
jovana.carbajal asked:
Monterey univesity This question was asked from http://www.trulia.com/rental/3116473168-535-Foam-St-Monterey-CA-93940
0 votes Share Flag Tue Oct 29, 2013 Market Conditions in Monterey
Ron Thomas, Real Estate Pro in Fresno, CA
Ron Thomas answered:
Way too high priced!
Looking at the info provided; yes, it looked like it is overpriced:
Being in a HOA, there doesn't appear to be much land with it; which would help.
The one "clue" would be that it was ... more
0 votes Share Flag Sun May 26, 2013 Market Conditions in Salinas
Albert, Home Buyer in 95121
Albert answered:
Is salinas a nice place to retire?
It's funny how a whole bunch of broker tell you that Salinas is a "small town" or "nice place". Go see it yourself. It's the equivalent of Oakland. Shooting, break in, robbery happen we ... more
1 vote Share Flag Wed May 22, 2013 Market Conditions in Salinas
Lore Lingner, Real Estate Pro in 93921
Lore Lingner answered:
what is a good number to use for construction cost per sq ft in carmel Valley?
It depends on the type of home you wish to build. Prices could range from $200 to $1,000. Can you be a little more detailed of what you have in mind?

Gabriel is probably correct in ... more
0 votes Share Flag Tue Mar 19, 2013 Market Conditions in 93924
Ron Thomas, Real Estate Pro in Fresno, CA
Ron Thomas answered:
Did someone miss a digit? Like a milliion dollars? or was this a family transfer??? or auction?
You didn't see that the back half of the house was burned down!
0 votes Share Flag Thu Mar 14, 2013 Market Conditions in Carmel
Leslie Deluca, Real Estate Pro in Carmel, CA
Leslie Deluca answered:
What would the tax be, for a $92k ish property in 820 Casanova Ave? Any management fees? Responses are appreciated.
Property Taxes are 1.5% of purchase price. To buy this property you must qualify with the City Of Monterey and also work or currently live in the city. Call me for more information 83 ... more
0 votes Share Flag Fri Nov 30, 2012 Market Conditions in Monterey
Jim Somervil…, Real Estate Pro in Pebble Beach, CA
Jim Somerville, Broker answered:
Can you share your thougts about the current and future Salinas housing market ?
Even though there may be a shortage of housing inventory in Salinas the overall economy is still a bit uncertain and we are in the trenches of a Buyers Market. REO's are on the decline ... more
0 votes Share Flag Wed Nov 28, 2012 Market Conditions in Salinas
Juliette
Juliette "Jette" Ferguson answered:
Greenfield, California: is there a good rental market there for single family homes in $1900-2500 range?
Many of the renters and owners paying higher rents are working at CTF/Soledad or Salinas Valley Prison. They are major employers for those cities and can afford those rents; however, yo ... more
0 votes Share Flag Sat Jul 7, 2012 Market Conditions in Monterey
Stephen Fitz…, Real Estate Pro in Portland, OR
Stephen FitzMaurice, Realtor answered:
Impact on value when a home is surrounded by Bank Owned homes?
Many bank owned homes are slightly or seriously distressed. Do your best to make your house shine - it will stand out among the bank owned if the condition is significantly better and t ... more
0 votes Share Flag Tue Apr 12, 2011 Market Conditions in Salinas
Colin Campbe…, Real Estate Pro in Carneys Point Township...
Colin Campbell answered:
What are the current rental rates for single family residential property doing in Prunedale?
Find a local realtor who can help you with the specifics in this area, you have enough choices.
Regards
Colin
0 votes Share Flag Tue Apr 12, 2011 Market Conditions in Prunedale
Colin Campbe…, Real Estate Pro in Carneys Point Township...
Colin Campbell answered:
Rental prices in Pacific Grove, CA - are they going up or down?
Prices are heading North again after many years of being stagnant or reducing. Sign up a long term lease where you can.
Regards
Colin
0 votes Share Flag Tue Apr 12, 2011 Market Conditions in Pacific Grove
Monterey Pen…, Real Estate Pro in Pacific Grove, CA
Monterey Peninsula Home Team answered:
What has been the annual percentage increase or decrease in sales price of single family homes in Monterey since January 1, 2000 through January 1,?
Hi Mel,

I don't have the info broken out quite how you want it, but I do have some interesting info comparing 2001 to 2009 sales in Monterey.

The median Price in 2001 was $4 ... more
0 votes Share Flag Fri Aug 6, 2010 Market Conditions in Monterey
Tracey Martin, Real Estate Pro in Salinas, CA
Tracey Martin answered:
All the houses left in seaside market seem to short sale, Do you think homes will be on the market?
I agree with those who said that the market isn't going to change anytime soon. I know that there is a lot of "chatter" out there telling people to avoid short sales. Do ... more
0 votes Share Flag Tue Feb 9, 2010 Market Conditions in 93955
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