Pebble Beach Golf Links during the AT&T, photo by Bob Borden
It may be “Crosby Weather” (cold & rainy) this year, but the AT&T Pro Am Golf Tournament is a totally new format. Gone are the crazy days of Bill Murray’s antics and celebrity players that we could all ogle at, we’re into some serious golf now. The PGA has been under a lot of pressure lately to make their tournaments more attractive to pro golfers to prevent more exodus to LIV – but I’m not going to get into that story. Suffice it to say, the PGA has turned our “Crosby Clambake” into a Signature event with a $20 million dollar purse with the winner taking $5 million home. Not saying this is good or bad – it’s just different. Our local charities will still be the winner with hopes of topping the $18 million that went to local non-profits last year.
Carmel Realty Company will be there tomorrow entertaining some of our clients at a special VIP party at one of our luxury listings on the 12th hole of Pebble Beach Golf Links. Take a look at last year’s event in this Short Video .
Pebble Beach Golf Links ~ photo by Bob Borden
Enjoy this new special AT&T Pro Am Golf Tournament edition of 1913 Luxury by the Sea. It features some of our special listings along with some interesting articles.
As the New Year begins I am so excited for all the promise it holds. As we step into a new year, I’m thrilled to bring you updates on the ever-evolving real estate market, expert insights, and valuable tips to help you navigate the opportunities and challenges that lie ahead. Whether you’re a seasoned homeowner, a first-time buyer, or simply interested in the world of real estate, this blog is your trusted guide to making the most out of this exciting new chapter. Join me as we embark on this journey of discovery and growth in the world of real estate!
First a glance back with our 2023 Annual Market Report
Although our Monterey Peninsula was bustling this holiday season, the 4th quarter as a whole, was quieter. A realtor’s personal business is not always reflective of the general market and I was happy to be able to represent clients in the 4th quarter who were completing the first step to their real estate goals and dreams – several who were relocating to the Monterey Peninsula and another selling their home here to begin their own “next chapter” with new adventures in new places. My phone has begun to ring with clients asking questions about the real estate market and their thoughts of buying or selling in this new year. If you have similar goals, please call me!
Be sure to read our 2023 Annual Report above. You’ll notice that every city on the Peninsula experienced different activity. Some remained very strong and others were down a bit. Factors affecting the market were higher interest rates, macro-economic uncertainty, geopolitical concerns, and other distractions.
This is a very easy to read guide (compared to many I have seen) so if you have an interest in real estate on the Monterey Peninsula – this is a must read.
Future Outlook For Us in 2024?
The demand in our market remains high. After all, who wouldn’t want to live in this beautiful and amazing place. The good news is that interest rates are coming down and this should free up buyers and sellers to eagerly pursue their real estate goals which will provide more inventory for buyers and replacement homes for sellers.
Expert local insight can make or break a deal and can add significant value when demand, product and pricing is changing rapidly. Please reach out to me to discuss your goals or if you have friends or associates that need real estate help.
SAVE THE DATE
Pebble Beach Golf Links during the AT&T, photo by Bob Borden
The AT&T Pebble Beach Pro-Am Golf Tournament takes place from February 1-4th this year and is a PGA Tour Signature Event with top golfers competing for the record-setting $20 million purse. Whether you go in person or watch on TV, it promises to be a not to miss event.
Susan Clark, realtor at Carmel Realty Company 831-320-6801
As always, if I can help with any of your real estate needs, don’t hesitate to call me. I would love to help you achieve your goals, your desires, and your dreams.
We’re in the “heat of the summer”, but here on the Monterey Peninsula luckily we’re not melting or sweltering like some people are not that far from here. So if you need to get cool, c’mon down to Carmel or Pacific Grove and feel the cool ocean breezes and comfortable temperatures. AND see lots of amazing cars like this fabulous red Ferrari that was exhibited last year in the ‘Prancing Ponies” event.
Prancing Ponies!
Last year among the many car events Prancing Ponies Car Show was complete with Breakfast at Tiffany’s, a fashion show and an array of Ferrari’s and other beautiful cars owned by Women – all to benefit the Prancing Ponies non-profit to raise money to support the education of low income women. Put August 17th on your calendar to attend this year. You can purchase a VIP ticket to support the charity or come for free and enjoy the cars and fashion show. Go to www.prancingpoinies.orgto register.
